Archive for June 28th, 2006

Mechanical vs. Discretionary Systems There are basically two types of Forex trading systems, mechanical and discretionary systems

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Forex Trading Systems

Mapping Your Time Frame It is useful to have a map and be able to see where the price is relative to previous market action. This way we can see how is the sentiment of traders and investors at any given moment, it also gives us a general idea of where the market is heading during the day

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Pivot Points in Forex

If we were to spend some time speaking with others about what a trend is, we would likely get a range of different answers. Below are some potential answers you could encounter when asking others..

Link:
Introduction to Trend Following