Guide Trading Forex on Five Hours a Week 4 potx

... way, use 2 A. M. Eastern Standard Time which is 7 A. M. in London for the open and noon EST, 5 P.M. London, for the close.) The Fibonacci retracement option is a good alternative if you are confident ... analyzing reasons to hold an opinion in the first place! This is precisely the reason why all trades have to entail a point of validity-based stop loss. Without a concrete reason and pr...

Ngày tải lên: 22/06/2014, 17:20

... (Bank of England), BOJ (Bank of Japan) these are all factors that will affect the way the pairs trade. If you want a great international calendar, you can check out one of my favorites at www.forexfactory.com. ... you look at most forex tools and sites. And that’s fine just as long as you realize that GMT is basically London time and London trading hours are the most important in the...

Ngày tải lên: 22/06/2014, 17:20

... FOREX ON FIVE HOURS A WEEK U.S. DOLLAR INDEX AND AUD/USD The aussie and the dollar have an inverse relationship. As the U.S. dol- lar weakens, the Australian dollar gains against it, and the chart ... this pair can be seen throughout the early and mid Asian session as it is only when Frankfurt and Asia overlap that the average picks back up above the 40 pip per hour level. The sw...

Ngày tải lên: 22/06/2014, 17:20

... with as unpredictable an event as news releases and this means Non-Farm Payroll, FOMC decisions, and really any and all numbers that are typically released between 8:30 A. M. and 10:00 EST. Here are ... would all love to risk 10 pips and make 100. That is both na ¨ ıve and unrepeatable. Traders who are great gamblers would say that is playing the odds, and once you are on a streak, follo...

Ngày tải lên: 22/06/2014, 17:20

... Feb Mar (EUR/AUD A0 -FX - EURO/AUSTRALIA DOLLAR COMPOSITE,D) Dynamic,0:00- 24: 00 MA( 34, H)e MA( 34, C)e MA( 34, L)e 1 . 9500 FIGURE 11.5 Rectangles Are Consolidation Patterns © eSignal, 2009. trading ... Chart Pattern Identification Automated by Autochartist Software Images © Autochartist. P1: OTA c11 JWBT185-Horner October 24, 2009 19 :41 Printer: Yet to come 152 FOREX ON FIVE HOU...

Ngày tải lên: 22/06/2014, 17:20

... come 170 FOREX ON FIVE HOURS A WEEK FIGURE 13.5 USD/CAD Daily Images © Autochartist. Upon breakout the “complete patterns” section of Autochartist will plot a shaded area on the chart indicating what ... price action. They were taking advantage of a particular event (late bid/ask updates), and soon as the mar- ket makers wised up, the game was over. It was a gimmick in thi...

Ngày tải lên: 22/06/2014, 17:20

... Lines 41 CHAPTER 5 The Magic of Lazy Days Lines 43 Fibonacci Analysis 44 Lazy Days Lines at Work 45 Using Lazy Days Lines 46 The Wave in Action 48 Real-Life Lazy Days Lines 54 Comprehension + Confirmation ... and uncertainty. This alone will take you past the charts and make trading a much more natural activity. And that’s when you will find that trading is just a natural e...

Ngày tải lên: 20/06/2014, 20:20

... range is narrow as the market creeps along sideways. What’s narrow? Remember, narrow is relative to the market’s current range and typical personality. Each pair has a unique price action behavior ... they fail to un- derstand that no market is an island. There’s no such thing as a market that trades inside a bubble. Markets move one another and are connected across so many fronts: for...

Ngày tải lên: 20/06/2014, 20:20