Made Easy Forex

Very few spot forex traders conduct any form of parallel and inverse analysis of the major currency pairs an exotic currency pairs to determine the best way to trade the forex market on a day-to-day basis.  Forex traders do this in spite of the fact that it would be nearly impossible to trade the forex successfully not knowing where the overall strength and weakness was in the spot forex across multiple pairs or the entire forex market.
Lets look at some examples. Many forex traders like to trade the GBP/USD and …

The foreign exchange market, FOREX, is where currencies throughout the world are traded every single day. The FOREX market includes almost 2 trillion trades daily. Anybody is welcome to participate, although the Forex market is the largest in the world in terms of the total cash value traded.  Everybody has the possibility of making huge profits in FOREX.

The gigantic Forex market is not easy to understand.  It has no central market for exchange.  The vast currency market is open 24 hours a day every business day.  Currencies are being traded …

S&P 500 Pivots
The stock markets are closed for Good Friday however the banks and the bond markets are still open. Thursday marked the first day of the second quarter and the market finished just below the intraday high of 1181 at 1178.
Monday’s primary pivot point is 1176.74 and the new support levels are between 1174 and 1176. Several Fibonacci moving averages are converging within this range including the 8, 21, 55, and 144 on the 5 minute chart. These moving averages as well as the pivot points will create a …

Fibonacci Forex Trading Techniques
There are so many approaches to trading forex especially in the technical analysis field, that many times the newbie to forex trading will be dumbstruck with the various trading techniques and strategies. From the very simple but effective price trading action method to the sophisticated methods of neural network price projections and the complex methods of astrology and moon readings, forex traders, whether newbies or veteran traders can choose from a vast arsenal of trading tools to assist them in trading profitably.
One simple way to trade is …

S&P 500 Pivots
The S&P 500 is reaching highs not seen since September 2008. Yesterday the S&P 500 reached 1173.22 just shy of Friday’s 1174 high and above the 1167 pivot level.
Expect resistance between 1173 and 1174 levels and support at 1167. On March 25th primary pivot level was at 1168. This level was also the convergence of the 8, 21, 55, 144 Fibonacci levels on the 5 minute chart. There should be a thick level of support between 1167 and 1168. Today’s primary pivot is 1172 so expect the market …

S&P 500 Pivots
Monday’s trading the S&P 500 ended at 1198 below the 144 and 200 Fibonacci moving averages on the 5 minute chart. Recently the volatility index spiked from a 52 week low of 15.23 to 17.34. There seems to be support between 16.50 and 15.50. Breaking these levels will push the S&P 500 index higher.

The financial sector was helped with strong earnings from Citigroup after the plunge from SEC investigations against Goldman Sachs. Citigroup report the best results in 3 years after the fallout from the credit crisis. March …

After switching from brokers to brokers in search for the perfect, I have gained some experience that I can share with the newbies and the people who are considering doing forex. Please rememebr that there is perfect broker, what you choose depends on what your trading style is.
1. FXCM Leverage:1:100, they recently changed it from 1:200, which is annoying because you will have a higher chance of getting a margin call. Minimum deposit: $25 for micro and $2000 for standard. Though not required,but don’t trade under $500!! It …

My trading strategy is a “tested and proven” trading strategy which i use analyze forex and make money on a daily basis.My trading strategy is an intra day trading strategy which is used to look out for good trading opportunities.Apart from my wealth of experience and vast knowledge of forex market, I use a number of indicators to determine the direction of the market and also to generate and filter my signals so as to keep me out of the market when it not safe and an 80% probability of …