Archive for the ‘Foreign Exchange’ Category
Day Trading Mistakes
If you were to ask any traders who are going through a bad time what their biggest day trading mistakes are, you are sure to find that their problems arise from the times when they deviate from their trading plan or trading system. Any time that you are trading according to your system, and acting rationally, you may have better or worse results day by day but no drastic errors. (more...)
The Importance of a Forex Trade Personal Journal
Winning Strategies for Forex Day Traders
If you have looked at day trading on the Forex market, you may have found yourself confused at what this means. Day trading on the stock market is easy — the stock market opens in the morning and closes in the afternoon. During that time, you will trade stocks and shares. On the other hand, the Forex market is open continuously for 5 1/2 days a week, because it is traded around the world.
Straight Through Processing
The world of brokers FOREX undergoes important changes. Behind the regulations of the FINMA, NFA; behind suspissions of embezzlements at certain brokers; a word solution almost always returns: STP. Thus, the regulations in the United States will depend on the lever proposable by the Forex broker while those which make STP would not be subjected to the same constraints of
contribution of capital. Side of the business which opposes an important Suisse broker with a Mexican customer, one can read that the FINMA would have ordered to place all the customers in mode STP. If it all this information are not easily verifiable and are not the subject of this article, let us retain they that word STP more and more often appears in the context of the FOREX, is sometimes used like argument publicities and also appears as the search of the grail for the particular trader. Read the rest of this entry »
Forex Strategy: Self Analysis
Online forex trading can sometimes violent emotions, and therefore a profitable trading system more than just a successful forex strategy . Everyone has strengths and weaknesses, preferences and prejudices. If you nominate yourself for this you get a better idea about the kind of market where you want to act and how you want to do. The Self-Analysis also affect other parts of your trading system and therefore one of the main components.
Tags: forex strategy, Self Analysis
STABLE AFTER EURO NOTES Trichet – Forex WAIT FOR NON FARMS
The decline of the euro on the Forex is stopped yesterday after the European Central Bank raised interest rates as expected. ECB President Trichet in his press conference also announced that the ECB will continue to accept Portuguese government bonds, regardless of the low credit rating.
Tags: euro
Forex Strategy: Multi-millionaire in 30 months with 15 pips per day
I love good quotes, because they often contain a truth that is undeniable, so let’s start with a nice article.
Compound Interest Is The Greatest Force On Earth! - Albert Einstein.
Ok, just a thought experiment to this quote that “strength” to continue. Suppose you are 18 years and a rich sugar daddy adult status would you celebrate a great gift. He suggests you to choose from two options:
Tags: forex strategy
U.S. Dollar reaches new day high against the Swiss franc
The currency pair U.S. dollar against Swiss franc (USD / CHF) has now reached in the early night, a new high against the previous day.
On reaching the extreme value of the currency pair U.S. dollar against the Swiss franc traded at 0.8456. Yesterday the currency pair USD / CHF traded recently at 0.8445. This represents an increase of 0.13%.
Tags: Swiss Franc, U.S. dollar
Forex Tips: A few pips per day are
Before we start the trading session, we should distinguish the three major trading sessions each day and divide them into three categories. U.S., Europe and Japan of Japan 01:00 bis 07:00 clock, Europe from 07:00 to 12 : 00h and the U.S. by 12:00 bis 22:00 clock. Read the rest of this entry »
Tags: Forex Tips
Forex Tips: Maximum price movement observed
Traders know that in each trading session to move certain currency pairs only until they reach maximum price movement. Thus, for example GBPUSD move 200-220 pips EURUSD and AUDUSD 180-200 pips.
Tags: Forex Tips
