Guide Trading Forex on Five Hours a Week 7 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 ... Moving Average (signal line) calculation (again check your platform, for example, on eSig- nal this setting is an option and you simply check the box; alternatively on Metatrader 4 i...

Ngày tải lên: 22/06/2014, 17:20

... but rather the fact that Asia only moves dramatically on news days. That is both a risk and reward consideration. Now let’s stay with a pair that is influenced by Asia, the largest cross- rate, ... (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 ww...

Ngày tải lên: 22/06/2014, 17:20

... measure it! Strong crude oil means a strong Canadian economy or at least has a bullish impact on it and thus the USD/CAD heads lower. The USD/JPY was discussed as a dollar-correlated major earlier, ... 2009 17: 15 Printer: Yet to come 110 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 we...

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

... weak trades if you don’t understand the importance of triage and analyzing all the potential opportunities available before entering a trade. TRADING TRUTHS Over the years that I have been trading, ... come 160 FOREX ON FIVE HOURS A WEEK Don’t Let a Winner Turn into a Loser: Ratchet Your Stops It’s a trading truism that is seldom accompanied by any insight into how to...

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 ... 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 this re...

Ngày tải lên: 22/06/2014, 17:20

... their advantage; after all, that is what you are tracking, analyzing, and watching on a price chart. This is external psychology. Never forget that you are trading reactions, fear, greed, and uncertainty. ... 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 extensi...

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