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[28 Nov 2009 | No Comment | 212 views]

Q:  I have been experimenting with some tick charts. Has anyone had success with the MACD on the Dow? I’ve recently switched from forex because it’s tough to get a decent broker without having a very large account.
A:  I make my forex strategy using these rules which i have set it out for my self.
MACD rules on the 15 min chart. Even if MACD is, say, trending up on the 1 hr chart, if it is trending down on the 15 min chart, that’s what you take your cue from. …

Forex Education »

[6 Nov 2009 | No Comment | 212 views]

If you are a Investors,Forex trading is quite lucrative.But do you know what’s the most important things of forex trading? Let me tell you!
Forex prediction needs so much expertise, as you have to go into numerous details including past or historical trends, market movements and previous performances. An expert Forex forecaster will base his forecasts on the analysis of technical and fundamental aspects of Forex trading and he’s got a grasp of the current trends to predict future trends.
Such an expert uses the existing data and facts to forecast the …

Forex Education »

[29 Oct 2009 | No Comment | 203 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 »

[29 Oct 2009 | No Comment | 182 views]

Forex stands for Foreign Exchange Market. It is based on an international marketplace where currencies are bought and sold. Only the participants in the Forex market determine the price of one currency against another. In other words, the prices of currencies are based upon supply and demand.
The investment strategies for Forex trading don’t differ too much from tradition stock market trading. Strategies are categorized into two divisions – Fundamental Analysis and Technical Analysis.
Funamental Analysis will look at a particular regions currency and take into consideration such things as their countries …

Forex Education »

[13 Aug 2009 | No Comment | 168 views]

Seen from forex technological charts, a rising wave, from point A, rose to point B as the peak, dropped to point C,then rose to point D which has the alomst same price as point B, the formation of another peak. And then fell to below A-point to extend the gap into the “neckline” with C point, as a prelude to the decline. This trend of the form, because there are two close to the top of the price, it is typically referred to as double-top. Also because of its graphics …

New To Forex »

[18 Jun 2009 | No Comment | 201 views]

Question:I’m just starting forex trading and was wondering what tracking program would be best for me to begin to do Technical Analysis with forex trading . It would be nice if I could use a free program or at least a low cost one but if I need to I’ll spring for a program to help me track currencies and develop a trading strategy. User friendliness is key because I’m a totally novice trader.
Answer:A lot of people seem to use MT4, and many brokers offer this trading platform free with …