tag:blogger.com,1999:blog-48481206680895572022024-02-08T06:58:15.698-08:00Forex Day Trading Technical AnalysisLearn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-4848120668089557202.post-40607546310656494002010-04-12T10:59:00.000-07:002010-04-12T11:05:03.613-07:00Delphi Scalper - Jason Fielders Delphi Scalper coming out in few daysJason Fielder's <a href="http://www.blogger.com/www.delphi-scalper-bonus.com/">Delphi Scalper</a> is coming out in just about few days. Delphi Scalper looks to be a very nice scalping software. Jason fielder is currently telling traders more about scalping.<br />Scalping as well know is very lucrative form of trading, so no wonder a lot of traders are interested in Delphi Scalper.<br /><br />Incase you are also interested, then con the link to get details of a fabulous <a href="http://www.blogger.com/www.delphi-scalper-bonus.com/delphi-scalper-review-bonus/">Bonus on Delphi Scalper</a> that you should not miss.<br /><br />Also, on the site you'll be able to get an objective <a href="http://www.blogger.com/www.delphi-scalper-bonus.com/">review of Delphi Scalper</a>Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-4907764483537498992008-04-15T07:53:00.000-07:002008-04-15T08:59:48.959-07:0010 minute forex wealth builder - New Forex trading system in town<span style="font-family:verdana;">You must have already heard about <a href="http://rguptaa.10minfx.hop.clickbank.net/?tid=weal02"><strong><span style="color:#3333ff;">10 minute forex wealth builder</span></strong></a> system from many experts. All the exeperts who got a chance to look at and use the system are saying very good words about it. </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;color:#ff0000;">The best part about Forex wealth builder that impressed everyone the most is that the system requires only 10 minutes per day to identify the good trades. </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Thats truely amazing. As I know that most of the systems require monitoring charts for long time each day. So this system is truely going to be amazing.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">I am really looking forward to use it. And I am sure you too are very interested in using it.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;"><em><span style="color:#ff0000;">Let me tell you something which will make your experience of using 10 minute Forex wealth builder system even better</span></em> -</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">I'll come straight to the point -</span><br /><span style="font-family:verdana;"></span><br /><div align="center"><span style="font-family:trebuchet ms;"><span style="font-size:130%;"><span style="color:#6633ff;"><strong>If you buy the Forex Wealth Builder system through my link, I'll give you access to a <span style="color:#ff0000;">forex trading strategy</span> that generates me close to 30 pips per day or 150 pips each week!! And it will be FREE for you</strong>.</span></span></span></div><span style="font-family:verdana;"></span><br /><strong><span style="font-family:courier new;"><span style="font-family:trebuchet ms;"><span style="font-family:lucida grande;">If I sell this strategy in the market, I am sure it will sell for more than $40. Infact I would say that even $40 is very cheap</span>.</span> </span></strong><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;"><strong>But for you, it will be FREE</strong>. Only make sure that you buy <a href="http://rguptaa.10minfx.hop.clickbank.net/?tid=weal02"><strong><span style="color:#3333ff;">10 minute Forex Wealth Builder</span></strong></a> system through my link.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:courier new;"><span style="color:#000099;">Here is what you need to do</span> -</span><br /><span style="font-family:courier new;"></span><br /><span style="font-family:courier new;">1. Buy the Forex Wealth Builder system by <a href="http://rguptaa.10minfx.hop.clickbank.net/?tid=weal02"><strong><span style="color:#3333ff;">clicking this link</span></strong></a>.</span><br /><span style="font-family:courier new;"></span><br /><span style="font-family:courier new;">2. Within 2 days you'll receive an email from me on the mail id with which you bought the system, with instructions on how you can access the strategy that makes me 150 pips a week, for FREE!!</span><br /><span style="font-family:courier new;"></span><br /><span style="font-family:courier new;">3. Thats it!!:-)</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:Verdana;"></span><br /><span style="font-family:verdana;">See, now not only you have the 10 minute forex wealth builder, a truely amazing system, but you also will have the insight to an amazing forex trading system that I use to make 150 pips fo free.</span><br /><span style="font-family:verdana;"></span><br /><strong><span style="font-family:courier new;">Once again, just make sure that you buy through my link.</span></strong><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;"><a href="http://rguptaa.10minfx.hop.clickbank.net/?tid=weal02"><strong><span style="color:#3333ff;">Here is the link</span></strong></a> again for 10 minute Forex Wealth Builder.</span>Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-18727721261656242772007-09-06T18:45:00.000-07:002007-09-06T19:34:11.970-07:00Forex Day Trading - Whats all the fuss about MACD divergance?<p><span style="font-family:verdana;"><strong>Forex Day Trading Technical</strong> - Whats all the fuss about MACD divergance?</span></p><p><span style="font-family:verdana;">The MACD is one of the most popular technical indicator like EMA (Exponential Moving Average) and is used in analysis very frequently.</span></p><p><span style="font-family:verdana;">The common use of MACD is mostly by convergence and divergence. When the currency pair is making higher high and the MACD is making lower highs then it means that forex market is about to start going in another direction. </span></p><p><span style="font-family:verdana;">The same is true with lower lows..So, the use of </span><span style="font-family:verdana;">MACD can be done to confirm with a leading indicator such as EMA or parabolic sar</span>.</p><span style="font-family:verdana;">When using any of these indicators, it is very important to use a well proven system. A very popular one is the <a href="http://rguptaa.forexsc.hop.clickbank.net/?tid=DEFAULT"><strong>G7 forex trading system</strong></a>, also known as <a href="http://g7-forex-system.blogspot.com/"><strong>Forex science</strong></a>..Go check it out.</span>Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-14885725662505048642007-08-09T18:23:00.000-07:002007-08-09T19:10:35.248-07:00Fantastic MACD and RSI lineup to trade AUD/USD<span style="font-family:verdana;"><strong>Fantastic MACD and RSI lineup to trade AUD/USD </strong><br /></span><div></div><br /><div><span style="font-family:verdana;">When RSI is above 70, it is in overbought position, if it is below 30, then yes, it is underbought.</span></div><br /><div><span style="font-family:verdana;">The AUD/USD was overbought yesterday night.</span></div><div><span style="font-family:verdana;"></span></div><br /><div><span style="font-family:verdana;">The MACD was also very high, so a correction was the need of the hour. Thats what exactly happenned. The AUD/USD started retracing and is still going very strong. It looks like the currency pair will move close to 250 pips. </span></div><div><span style="font-family:verdana;"></span></div><br /><div><span style="font-family:verdana;">The move is strong. The ideal way to ride these waves is to use a concept called Elliot waves which is a sequence of trend, correction, 2nd trend, 2nd correction and then 3rd trend.</span></div><div><span style="font-family:Verdana;"></span></div><div><span style="font-family:Verdana;">One thing to keep in mind is that when doing forex day trading is to use correct timeframe.</span></div><div><span style="font-family:Verdana;"></span></div><div><span style="font-family:verdana;">More on this later !!</span>! </div><div><span style="font-family:verdana;"></span></div><div><span style="font-family:verdana;">By the way, how has been your experience with </span><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><strong><span style="font-family:verdana;color:#000099;">forex trading ebook</span></strong></a><span style="font-family:verdana;"> written by adam burgoyne? Atleast Jasmine had great one. This is what she wrote - </span></div><div><br /><span style="font-family:verdana;"></span></div><div><span style="font-family:verdana;">"I read this book and it was easy to understand. The technical indicators are, like you said, very commonly used. So that makes this system much more easy to grasp and is worth the price. Now I am going to use all the forex trading strategy on my demo account"</span></div><div><span style="font-family:verdana;"></span></div><br /><div><span style="font-family:verdana;">Thanks Jasmine for the message..It was so sweet of you. </span></div><div><span style="font-family:verdana;"></span></div><div><br /><span style="font-family:verdana;">One important point that she mentioned in her comment is that this </span><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><strong><span style="font-family:verdana;">Forex Trading Course</span></strong></a><span style="font-family:verdana;"> is easy to understand AND she is going to test it on DEMO ACCOUNT 1st!! Its better to get comfortable with the system before to shook real money with it.</span></div><div></div><div><br /></div><div><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><strong>5emas Forex Trading System</strong></a> <span style="color:#ff0000;">definitely is worth to buy. Also, just to let you know Adam is running special discount offer currently on the course. </span><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><strong>Check it out</strong></a></div>Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-63006302014489778722007-07-14T11:40:00.000-07:002007-07-14T11:55:57.916-07:00Forex Trading Sytem - How to do Technical Analysis?<span style="font-family:trebuchet ms;"><strong>Forex Trading System</strong> - How to do Technical Analysis?</span><br /><span style="font-family:trebuchet ms;">Most of the beginners struggle on how to do the analysis? Should they be doing trading using forex trading signals or should it be by reading charts? Or is there any other way?</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">Well, technical analysis is the way to go..Use a popular oscillator such as RSI or MACD or stochastic. Using more than one oscillator may not help, infact many a times it gives false signal. My personnal favourite is MACD.</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">Use MACd for convergence or divergence..Reemember its lagging indicator. Along with this, you can use another indicator sucjh as EMA or SMA, MA (Moving Average) etc.. </span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">Test the system on the dummy account..</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">However with so many systems at your disposal, how will you come up with a system? Remember, you need a system to place trades and know when to close trade..</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">You can decide to spend hours and lot of time to come up with your own system.</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">OR!!!!</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">You can get a new proven system yourself with in fraction of minutes and test it immediately on your demo account. If you find the trading system to good, then keep it or else return it for 100% money back!!!!!!!!!!!!!!!!!!!!!</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;"><strong><span style="color:#ff0000;">Well one such system is - Adam Burgoyne</span> "</strong></span><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><span style="font-family:trebuchet ms;"><strong>5emas Forex Trading System</strong></span></a><span style="font-family:trebuchet ms;"><strong>"</strong></span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;"><strong>This is a terrific system and is well proven..It is very very effective. I use it personnally and am more than impressed with it. It gives you 8 week 100% money back gaurantee.</strong></span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;"><em>Now, since you are going to buy it, please make sure that after you buy it, you use it!! <u>Don't simply buy it and not read it at all!! Use it, 1st on your demo account and then on your live account.. Its simply worth it!!</u></em></span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;"><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><strong>Click Here </strong></a>to know more about the system and the free cool bonuses you are going to get with it</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-62776962158914274882007-07-10T21:42:00.000-07:002007-07-10T21:50:39.121-07:00Forex Day trading - Breakout in all major currency pairs<span style="font-family:trebuchet ms;"><strong>Forex Day Trading</strong> - Breakout in all major currency pairs</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">Today the major pairs such as EUR/USD, GBP/USD and others broke out from a long range trading. Its more like the currency pair rested for a while to gain strength and get going. The stochastic and RSI were showing overbought. So why did these forex pairs move up?</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">Thats because the technical pairs only indicates probability. One should not enter the trade till the time other indicators known as confirming indicators align. I use the candlesticks as the confirming indicator..</span><br /><span style="font-family:trebuchet ms;"></span><br /><span style="font-family:trebuchet ms;">The confirming indicators are always very important when the forex day trades or 1 hr trades are to be placed. The most popular are candlestick and MACD</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-13582491542578511612007-07-06T14:52:00.000-07:002007-07-06T15:09:21.244-07:00Forex day trading using EMA and RSI<u><strong>Forex day trading </strong>using EMA and RSI</u> -<br /><br />EMA and RSI are the easiest of indicators to use when it comes to trading..let it be any trading such as options, commodities and forex.<br /><br />Thats because they are evry easy to understand and apply on the forex charts. So your forex trading system can contain EMA as a leading indicator and RSI as a confirming indicator.<br /><br /><span style="color:#ff0000;">One trading system that uses the EMAs very beautifully is the one that is written by Adam Burgoyne "</span><a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA"><span style="color:#000099;">5emas Forex Trading System</span></a><span style="color:#ff0000;">". Not only is that system easy to understand, it is also very easy to apply</span><br /><br /><strong>And best of all, it comes with excellent bonuses and also has 8 week money back guarantee.</strong><br /><br />So, <a href="http://rguptaa.5emas.hop.clickbank.net/?tid=TECHNICA">click here</a> to visit the site and buy the package with the confidence since it is risk free.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-45590820353758916862007-07-04T22:06:00.000-07:002007-07-04T22:10:45.942-07:00Forex Technical indicator - News effect the currency pairs<strong>Forex Technical indicator</strong> - News effect the currency pairs<br /><br />Technical analysis is always superseeded by fundamental announcements or news. The RSI, MACD, fibonacci levels don't hold good at news time. However it doesn't mean that one should be aware of technical levels since the technical resistance/support levels hold good even at news time.<br /><br />When day trading, make sure to whatch the economic news release time to make sure that you don't place a trade when news is about to break.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-17307975659854509432007-03-11T16:24:00.000-07:002007-03-21T22:37:37.506-07:00Forex Day Trading: Continuing MACD<span style="font-family:verdana;"><strong>Forex Day Trading</strong>: Continuing MACD </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">If the histogram is above a zero line (bull), butStarts to fall to a zero line, it tells us, that (or the spread) between two lines MACD begins the attitude To weaken currency trading analysis.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Remember, whether that the histogram measures distinction between MACD or even RSI. Value of the histogram with plus or a minus (is higherOr to below zero line) tells us to enter the trade or exit the trade, whether lines MACD are Bull or Sell market. The direction of the histogram speaks us,Gets or loses the moment this bull or bear attitude.</span><br /><br /><span style="font-family:verdana;">Let's look at the market at the bottom trend. The histogram is below zero that means, that line MACD is belowIts alarm line. In other words, the action is in bottomTrend. Some time the histogram also falls. UnexpectedlyLines of the histogram start to rise to a zero line. Though day trading system MACD is still negative (noSignal of purchase), the bottom trend loses the moment Many traders inSuch case will close short positions. The valid trading signal in currency charts for opening a long position does not occur before movement</span><br /><br /><span style="font-family:verdana;">Histograms are higher than its zero line Model has the opposite at the top trend. During the top trend the positive histogram bull propensity MACD on RSI or EMA. Some time the histogram will beAbove its zero line also will continue to raise In any point, However, the histogram will start to fall to the zero line Traders Will frequently use downturn of the histogram as early Signal to start to remove the profit of the raising action. The signal of sale is not given, however, while the histogram will not fall below zero line. This is valid signal for placing the forex trade</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-16754078375939204172007-03-11T16:13:00.001-07:002007-03-21T05:59:58.531-07:00Forex Day Trading : using MACD with Histogram<span style="font-family:verdana;"><strong>Forex Day Trading </strong>: using MACD with Histogram</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">How indicator MACD was good, there is this way to check while doing currency trading . This technics refers to "Histogram MACD". </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">The histogram MACD gives earlier preventions of changes onchange in an occuring a trend and strongly increases value of it on the charts. As the histogram shows signals of crossing MACD (it is a little in another way), at its use it is lost nothing. The way of creation of faster signals of action is got in day trading.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">The histogram simply places distinction between line MACD and the Alarm line. This refers to as the histogram for buy or sell moments because of a vertical the columns used to show distinction between two Lines. This is most effecyive when used along with EMA or RSI.</span><br /><br /><span style="font-family:verdana;">Histogram MACD changes above and below zero Lines. When value of the histogram is higher than a zero line, it is simple Means, that two lines MACD have the bull market (MACD aboveAlarm line). While value of the histogram is above well The left line, signals MACD still bull. So its a good time to place forex trade using any currency pair..Remember the technical analysis can be used for placing trade in any currency pair. </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">When a fast line MACD it is crossed below slow alarm line (a signal of sale), value of the histogram falls below its zero Lines. Crossings are higher also than below zero line the histogram - Yes coincide with the bull and bear crossings two lines MACD. As it has been specified earlier, it is the second way on behind the same forex day trading system. Here advantages are visible Histograms.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Remember, stick to the same set of indicators when using a system..If you are using candlesticks, use candlesticks. If RSI or EMA, then use it</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-39138801709417879172007-03-11T15:57:00.000-07:002007-03-20T07:28:38.755-07:00Forex Day Trading : MACD as following the trend<span style="font-family:verdana;"><strong>Forex Day Trading </strong>: MACD as following the trend</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Interpretation of two lines of system MACD is relative also it is similar to the techniques of currency trading of crossing described in discussion about exponential moving average(EMA).</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">In other words, signals of purchase when fast line MACD crosses from above slow moving average line. Signals of buy arise, when a fast line Crosses from below slow. Thus, are given significant entry signals for placing forex trade which allow you to keep on the party of a trend(i.e. on the long party during the top trend and on short or Outside of the market during the bottom trend). </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Naturally, signals, appear on day time schedules, more often and shorter, than forex technical indicator Signals on week schedules. That is why it is recommended more To trust signals of crossing MACD on week schedules and day time schedules for definition of time or it is brief Urgent trading signals. So, use MACD along with EMA or RSI on forex day trading or swing trading</span>. <span style="font-family:verdana;">Forex technical analysis is important.</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-9227432236384687752007-03-11T15:50:00.000-07:002007-03-20T07:29:06.906-07:00Forex Day Trading: MACD technical indicator<span style="font-family:verdana;"><strong>Forex Day Trading</strong>: MACD technical indicator</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">This indicator developed, uses three Average sliding in the design though on the schedule are shown Only two lines on forex charts. The first line (line MACD refers to) isDifference between two trending lines, smoothed by average Sliding the prices (it is usual the periods 12 and 26). The charts subtracts Long average (26) from short (12) also receives line MACD. </span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Average sliding (9 periods are usual) then is used, that to smooth line MACD and to generate the second (alarm) line. In result it turns out, that on the schedule two lines fast are shown MACD and a slow alarm line. The some people of analytics Read to use values previous average sliding for day trading for Signals of purchase and other set of values for signals of sale, as Originally recommended the Problem here that to youIt is necessary to create two various technical indicators MACD with two various Sets of numbers Probably for placing forex trade, for this reason or for simplicity analysts are pleased and prefer using RSI also, using earlier mentioned by default (9, 12 and 26) in all situations to find entry and exit Having acted such in the image, it is possible to use identical values of average slide mix of buy and sell signals of purchase and sale in all markets, and also on day time, week and monthly schedules</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-64578584303963928252007-03-11T15:33:00.000-07:002007-03-20T07:29:25.560-07:00Forex Day Trading : Oversold and undersold value of RSI<span style="font-family:verdana;"><strong>Forex Day Trading</strong> : Oversold and undersold value of RSI</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">It is necessary to observe closely always of crossing of a line 70 and30 During a strong trend upwards there is nothing unusual that RSI rises above 70 and there is there It usuallyIs a signal of a strong trend upwards the Prices can remainAbove a line 70 during weeks in forex swing trading market..for day trading, it is generally stays for few hours In such cases, probably,It is the best way to ignore for some time, while itThere is above 70. Crossing below 70, especially if it after long time, frequently gives a signal about change of a trend.Many traders count crossing below lines 70 in quality, and crossing is higher than a line 30 signal of buy.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">Though the basic attention in forex day trading RSI is focused on lines oversold and undersold, the line 50 also is important As she is value average item on line RSI (it is ranged from 0 up to 100), frequentlyThe zero line on мо-carries out the same function forex market. In that case signals of purchase and sale are frequently given by than crossings is higher and lines of average item are lower. You will notice, on that during correction at the top trend line RSI during currency tradingwill beFrequently to find support on a line 50 before will return again.During the bottom trend lines RSI will stopAbout a line 50 during day trading. Crossing of a line 50 therefore has the someValue, and it is necessary to watch it. Currency trading is thats why very excited. The technical analysis of the forex market is very essential component. MACD is another coponent along with RSI which is very important technical indicator wgich we'll cover in next posts of forex trading technical analysis</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-43183002534955232712007-03-01T20:46:00.000-08:002007-03-20T07:29:47.310-07:00Forex Day Trading : My application of RSI and EMA on the candlestick chart<span style="font-family:verdana;"><strong>Forex Day Trading</strong> : My application of RSI and EMA on the candlestick chart</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">I apply the settings of 50 and 200 EMA (Exponential moving average) and use a candlestick chart from dailyfx trading plateform</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">My system for currency day trading also includes 9 and 14 RSI which use if the market is range bound. If market apppears overbought, I go short provided candlestick and EMAs confirm and my target is the end of the range of trading..</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">I also use MACD as one more technical indicator which is mostly applied for case when forex online market is trend. It is used for day as well as forex swing trading</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-47630329539384960522007-03-01T20:37:00.000-08:002007-03-20T07:30:05.553-07:00Forex Day Trading : How to adjust RSI<span style="font-family:verdana;"><strong>Forex Day Trading</strong> : How to adjust RSI</span><br /><br /><span style="font-family:verdana;">The basic value of the technical indicator RSI is in definition, when the forex trading market has reached area overbought (above 70) or undersold (is lower 30). In very quiet market with low volatile (Movement) you can notice, that fluctuations of line RSI remain Between 70 and 30 In that case line RSI has small value youCan want to try to raise its curve by changing the value depending on trading style like forex day trading or even swing (width) b. Try to apply 7-day'sLine RSI For example, it is necessary to expand fluctuations of line RSI to thatPoints where she goes either are higher 70, or to make 30 Way belowIt - to truncate the time period.</span><br /><br /><span style="font-family:verdana;">It is Difficult to be defined by less significant between valid trading Signals and market noise In that case it is necessary -To increase curve of line RSI by increase in used days. Try to use, for example, 21 day It will abolish many Insignificant movements also will help to define what haveValue. Combine RSI with other indicator such as EMA (Exponential Moving Average). RSI can be a confirming technical indicator during analysis on the chart.</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-91269751639708558892007-03-01T19:16:00.000-08:002007-03-20T07:30:47.517-07:00Forex Day Trading : RSI (Relative Strength Index)<span style="font-family:verdana;"><strong>Forex Day Trading</strong> : RSI (Relative Strength Index)<br /><br />This popular technical indicator has been described as relative strength index. The value of RSI is that it represents top and borders of the range trade in currency or so called forex market in day or swing trading.<br /><br />Values of RSI are ranged from 0 to 100. Indicatior value higher than 70 are considered as overbought. Indications are lower 30 are considered oversold on the trading charts. Application of these two borders to any forex currency pair market very strongly simplifies search of the markets which have reached dangerous or extreme positions. Value of average item 50 can serve that purposes as a zero line in forex market for the moment, and crossing Above and below this value create signals of a trend.<br /><br />WHAT TIME PERIODS TO USE FOR RSI<br /><br />Two values most frequently used for an RSI are 14 and 9. The majority of trading (day or swing) softwares offerOne of these numbers as value by default. Day time RSI will be based on the price data covering last of 9 or 14 days.The week schedule will include the last 9 or 14 weeks. As the computer does forYou accounting, are not present necessity to remember the formula.<br />That fact, that 9 or 14 are used more often, does not limit You to only these these values. You can experiment to find the ones which suit your style a lot. The majority of software packages allow you to optimize values for all indicators the best time period used</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-21657587645344904952007-02-25T11:26:00.000-08:002007-03-20T07:31:09.363-07:00Forex day Trading - Weighted Moving Average (WMA)<span style="font-family:verdana;"><strong>Forex day Trading</strong> - Weighted Moving Average (WMA)</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">WEIGHING OF moving AVERAGE OR ITS ALIGNMENT?<br />While simple average is used more only, the some people analytics prefer to pay additional attention more to late action of the price This idea supports weighted average environment sliding. Weighed average gives more weights to latest candles for trading-They to the price data and have less than weight to the perspective prices. This is the reason weighed average is more sensitive than Simple moving average in any trading environment such as currency or stocks or commodities etc.., also is more close directed to price trend smoothed moving average technical indicator- most popular of it is weigheded average or exponential moving average (EMA).</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">This average defines percentage value of the currency pair's latest price in which day which then increases to percentage value is the latest candlestick on the forex day trading chart.<br />Computers allow the user to translate these percentageWeighings during the time periods for easier comparison.</span><br /><span style="font-family:verdana;"></span><br /><span style="font-family:verdana;">For example, 5% weighed it is equivalent 40 moving average. The one who wants 40-day's average sliding, for example, between simple moving average, weighed by average or exponential average, having pressed all on one button on the currency day chart for trading. If you want to experiment with weighted moving average, this explanation will help you to understand distinctions</span>.<br /><br /><span style="font-family:verdana;">Are you able to get hang of day trading using this indicator in forex trading market</span>?Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-17319057789023315222007-02-25T11:17:00.000-08:002007-02-26T18:01:21.455-08:00Forex Day Trading - Simple Moving Average (SMA)<span style="font-size:85%;"><span style="font-family:verdana;"><strong>Forex Day Trading </strong>- Simple Moving Average (SMA)</span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-size:85%;"><span style="font-family:verdana;"><strong>SIMPLE Moving AVERAGE</strong><br />Graphic packages offer a wide variety of ways of times for Simple Moving Average. For example, the user can use it itself or to combine one average sliding line two average Lines in forex trading for creation of signals of crossing the Length of lines can alsoTo differ depending on, whether places swing currency trading or short-term trends. First choice which, however, it is necessary To make - what type of average sliding to apply. </span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">Also let me explain, why. Moving Average is simply average Parameter of a forex market price of closing for chosen time in daily chart or hourly trading chart or 5 minute chart etc...</span><br /><br /><span style="font-family:verdana;font-size:85%;">To construct moving average for 200 days , the computer adds last 200 prices of closing of the given action also divide the sum on 200. Every day the new number to the sum (final price) increases, andThe old number is not taken into account (the price 201 day ago). </span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-size:85%;"><span style="font-family:verdana;">As average moves every day, the name simple moving average ). Average for 50 days uses last 50 days, When you are calculating moving average for 10 days, use last 10 days. <em>ItRefers to as simple average as the price of each day has equal weight. </em></span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">The same fundamental can be applied for hourly chart for forex swing trading or on 5 min/15 min chart for day trading</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-45971774247887604172007-02-25T10:58:00.000-08:002007-02-25T11:13:59.823-08:00Forex Day Trading - Moving Averages (MA)<span style="font-size:85%;"><span style="font-family:verdana;"><strong>Forex Day Trading</strong> - Moving Averages (MA)</span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">One of the most popular trading indicators..comes in various variations Exponential (EMA), Weighted (WMA), Simple (SMA) etc..</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-size:85%;"><span style="font-family:verdana;"><strong><u>Moving Average</u></strong> <br /></span></span><br /><span style="font-family:verdana;font-size:85%;">Moving Average has pluses and minuses. The Minus that it beforehand does not speak to you, that change of a trend has comes nearer. This technical indicator will help you to define, whether goes existing Trend and to confirm, when there was a change of a trend would. BeIt is useful to count moving average a curve of a trend. The line of a trend can serve for the same forex day trading purpose, as in the sense that she gives support during swing trend at top trend and resistance at the bottom trend. Lines of a trend to change is the main advantage of average sliding above a lineTrend ability of the first is to combine more than oneAverage sliding line for generating additional тор use of the technical indicator.</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">In the next post we'll go though the next Moving Average.</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-21191063805497589442007-02-23T20:58:00.000-08:002007-02-24T05:34:14.738-08:00Forex day Trading - Class of the Technical Indicators<span style="font-family:verdana;"><span style="font-size:85%;"><strong>Forex day Trading </strong>- Class of the Technical Indicators</span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">Average sliding, as well as lines of a trend, help and to measure the existing trends and to define, when the market is range bound or is trending. They also operate as levels of support andResistance However though average sliding also help, there are late indicators they confirm, that there was a change of a trend in the forex market, but only a post factum such as MACD which gives a late indications.</span><br /><br /><span style="font-family:verdana;font-size:85%;">The second class of indicators - осsillators such as stochastics and RSI - helps to pour, when the market has reached the important extreme point or above, or Below in any market such as forex, commodities or futures or stocks/options. Оscillators prompts us when the forex trading market is bought up or It is resold. Now remember that the overbought or oversold term is applicable to just a particular trading market situation. For e.g. if the currency pair is overbought on 1 hr. chart it may still be in an early trend on daily chart. </span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">The basic value оf oscillators is that they help in confirmation. They warn us beforehand, that the market has risen upwards too far, and can frequently warn about turn of the market before it will take place.</span><br /><br /><span style="font-family:verdana;font-size:85%;">Here we explain various ways as it is possible to use average sliding as the indicator following a trend, for achievement of the price purposes and measurement of extreme points of the market.</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-11721921364043796962007-02-22T20:47:00.000-08:002007-02-22T20:58:10.764-08:00Forex Day Trading - Its Technical indicator time again<span style="font-family:verdana;"><span style="font-size:85%;"><strong>Forex Day Trading </strong>- Its Technical indicator time again</span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">The most important tools of the visual analysis, is exact interpretation of the moments of entry and exit of, by using the indicators. In onTheir worth time exists great variety. The majority from them simply duplicate each other, тhey signal about one and the same future events.<br /></span><br /><span style="font-family:verdana;font-size:85%;">You need to focus on most simple and reliableIndicators for your day trading which you will seize in perfection, will provide profitable currency trade.</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">Remember the indicators are just to assist ou in a profitable trade..By using them don't expect that the trade will be profitatable..They just increase the likelyhood of a profitable trade.</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">We'll go over the indicators soon..but at this time think on wat kind of trading style do you or would you like to have - Forex day trading or swing trading or scalping etc..</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">The indicators need to be adapted on the trading style</span>..Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-74351619711016515322007-02-18T14:28:00.000-08:002007-02-18T15:02:40.941-08:00Forex Day Trading - Importance of charts<span style="font-family:verdana;"><span style="font-size:85%;"><strong>Forex Day Trading</strong> - Importance of charts</span></span><br /><br /><span style="font-family:verdana;font-size:85%;">Charts are the working tools of the technical analyst. They have been developed in various forms and styles to represent graphically everything that takes place in any time frame such as daily forex chart, weekly, hourly etc.. They may be monthly charts on which an entire month's trading record is condensed into a singlentry. They can have multiple forex trading technical indicators based on arithmetic, logarithmic or square-root scale, or projected as "oscillators."<br />They may have exponential moving averages (EMA), stochastics, RSI etc all technical in the sense that they are derived, directly or indirectly, from what has actually been transacted at the banks. </span><br /><br /><span style="font-family:verdana;font-size:85%;">Coomon chart types are candlestick based, bar based or line based..The most popular of them all is candlestick based. If you have never used forex trading charts, never paid much attention<br />to them, you may be surprised at some of the significant things you will quickly detect as soon as you begin to study them seriously..your trading decisions for currency day trading or swing trading will improve considerably</span>.<br /><br /><span style="font-family:verdana;font-size:85%;">From the next post onwards we'll start going through these indicators in details and how to plet them or use them on your charts and trading decisons</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-85568626701561017822007-02-14T15:55:00.000-08:002007-02-14T16:05:00.352-08:00Forex Day Trading - Commonly used trading technical indicators for analysis<span style="font-family:verdana;"><span style="font-size:85%;"><strong>Forex Day Trading </strong>- Commonly used trading technical indicators for analysis</span></span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">Lets go through the commonly used technical indicators in the forex trading market -</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">There are lots of them, however it doesn't mean that you have to use them all. Infact you just need to use 2 or 3 at the most , however they should complement each other. Select one as your pprimary and the rest as confirming indicators. </span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">Find below the common ones -</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">1. Support and resistance lines</span><br /><span style="font-family:verdana;font-size:85%;">2. Trend line or channels</span><br /><span style="font-family:verdana;font-size:85%;">3. Exponential Moving Average</span><br /><span style="font-family:verdana;font-size:85%;">4. Another variation of EMA known as MA (Moving Average)</span><br /><span style="font-family:verdana;font-size:85%;">5. Stochastic </span><br /><span style="font-family:verdana;font-size:85%;">6. RSI (relative strength Index)</span><br /><span style="font-family:verdana;font-size:85%;">7. MACD (Moving Average Convergance and Divergance)</span><br /><span style="font-family:verdana;font-size:85%;">8. Parabolic Sar</span><br /><span style="font-family:verdana;font-size:85%;">9. Of course the fibonacci levels (one of my favourites)</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">We'll go through all these in the coming days..Like I mentioned, don't focus on them all..Use limited ones that you are comfortable it.</span><br /><span style="font-family:verdana;font-size:85%;"></span><br /><span style="font-family:verdana;font-size:85%;">One more things these indicators can be used in any kind of trading style such as forex day trading or swing trading</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0tag:blogger.com,1999:blog-4848120668089557202.post-28942775314867823712007-02-11T15:15:00.000-08:002007-02-11T18:36:53.744-08:00Forex Day Trading - Welcome to the Technical analysis study<span style="font-family:verdana;"><strong>Forex Day Trading</strong> - Welcome to the Technical analysis study<br /><br />Hello Everyone,<br /><br />Welcome to my additional blog which is on an exciting topic in the world of currency trading which is also known as Forex..<br /><br /><span style="color:#ff0000;">Its called technical Analysis. Use this blog to learn inside out of all the technical indicators including popular ones such as MACD, RSI , fibonacci etc.. and some not so commonly used, yet very reliable such as parabolic sar, ADX etc..<br /></span><br />Visit this site to learn about the indicators, how to use them in analysis for forex day trading or swing trading or range trading etc..What are the common pitfalls to avoid, when these indicators work the best and lot more..<br /><br />Make it one stop site for all your forex technical indicators needs..If you understand these indicators and this aspect of forex , your trading success rate will increase..<br /><br />Lets begin talking the currency trading technical indicators from next message onwards..Ciao</span>.Learn online Forex tradinghttp://www.blogger.com/profile/00070391446444840879noreply@blogger.com0