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Articles tagged with: Foreign exchange traders

Forex Education »

[29 Oct 2009 | No Comment | 240 views]

Two types of Forex analysis: fundamental and technical.
A fundamental analysis uses economic and political factors, such as unemployment rates, interest rates, or inflation, as a means of predicting currency movements. Fundamental analysis is concerned with the reasons or causes for currency movements.
A technical analysis uses historical data as a means of predicting currency movements. The technical analyst believes that history repeats itself over and over again. Technical analysis is not concerned with the reasons for currency movements (for example, interest rates or inflation). Instead, it believes that historical currency movements …

Forex Education »

[11 Oct 2009 | No Comment | 215 views]

I decided today to explain one of the strategies I use, and that my readers use Agora in Forex.
Every Monday morning I sent them a warning valid for the whole week, each line being calculated and weighted according to an algorithm that my colleague and I have developed over several years.
The philosophy of this strategy sets out the basic approach of my trading. I’ll take three examples: three trades we’ve made recently: a loss, trailing stop gain and total gain. Simplicity, managing risk and your exposure are three crucial concepts …

Technology/Analysis »

[17 Jun 2009 | One Comment | 262 views]
Good sites for Forex tips, news and analysis

You have chosen the perfect pair to get started trading in the Foreign Exchange market. The GBP/USD is more consistent and predictable than many of the other pairs. With the right strategy, knowledge, money management, and attitude you should be fine. It is true that Forex is not for the faint of heart but you CAN be successful trading Forex.
As for good sites for tips, news, analysis:I use bloomberg for my economic news. Keep in mind – I trade a longer term strategy that is not significantly affected by intraday news …