10/23 DailyForex Articles

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3 Fundamental Factors that Drive The World's Currencies
October 22, 2009 at 10:08 am

The trick to successful Forex trading is effectively predicting the future trends of the market. Of course, this is an impossible goal to achieve fully, otherwise, there would be some very rich people out there. However, the most common debate amongst Forex traders and experts is what tool can come closest to accurately predicting the upcoming movements of the market.

Five Tools You Should Be Using in Your Daily Forex Trading
October 22, 2009 at 10:08 am

Anyone who has ever traded Forex knows it is a tricky game. In fact, it is that knowledge that is crucial to trade the Forex market intelligently and with the necessary precaution. While the lack of confidence due to a missing trading strategy might cause disaster in Forex trading, the opposite, over-confidence, can be just as detrimental.

Stochastics in Forex Trading
October 22, 2009 at 10:08 am

Stochastics is a technical momentum indicator propounded by George Lane in the 1950s. It measures the price of a currency pair relative to the high/low range over a period of time.

How to Combine Different Indicators into a Profitable Technical Strategy?
October 22, 2009 at 10:08 am

Foreign exchange traders study technical analysis not out of academic interest, but in order to create technical trading strategies that can be used for trading decisions.

Understanding the Triangle Formation
October 22, 2009 at 10:08 am

Study and analysis of trading patterns forms an important part of your forex education. Although they are not by themselves actionable, in that they are prone to failures and false signals, patterns and formations can be very useful as advance warning about a possible trade.

Oscillators in Forex Technical Analysis
October 22, 2009 at 10:08 am

What makes a price high or low in technical analysis? On a single day, trends are ubiquitous, and a price that surprises traders and analysts is often followed by another high on the charts, making the identification of tops or bottoms (or even the definition of what is high or low) a difficult task.

The Basics of Candlestick Charts in Forex Trading
October 22, 2009 at 10:08 am

Candlestick charts are thought to have been developed in Japan towards the end of the 18th century by rice traders trying to make sense of price movements.
 

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