Archive for February, 2009

Summary Here we discuss trading markets with a clear trend, framing the recent price action with support and resistance trendlines.

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Chapter 10: Trading the FX market with trendlines

In the previous article I wrote about stop loss before I have told anything about the entry point. From one side it looks completely illogical to do such thing, but I am not seeking a logic, I am trying to explain my trading method and in this explanatory order there is better chance for reader to get an idea about my trading. My trading method is based on support and resistance lines and those lines itself is not just selling or buying points.

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Part 5: Entry point

Within Forex, there’s something professional traders call, “chasing indicators.” Sadly, so many retail traders – with the mindset that trading Forex profitably is easy – fall victim to this destructive attitude and unfortunately, constantly find themselves behind the curve as volatility kicks in. However, there is another way to trade

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Trading Multiple CCI Time Periods

Figure out how much home you can afford, estimate your taxes, plan for college and more using WSJ.com’s personal finance tools.

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Personal Finance Calculators

Even when traders embody substantial technical and fundamental knowledge, risk prevails without the proper understanding of the larger probability/volatility paradigm behind currency trading.

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Perceiving Forex Volatility via Descriptive Statistics… Deriving Trending and Reversals – Part 2

Forex markets often display significant volatility catching many traders by surprise. However, with a simple understanding of descriptive statistics and moving averages, many could soon find themselves ahead of the curve.

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Perceiving Forex Volatility through Descriptive Statistics – Part 1

This article is taken from the Trader’s Journal magazine (December 2008 issue) The author, Dr. Tharp , is the author of three acclaimed books published by McGraw Hill. The New York Times Bestseller, Safe Strategies for Financial Freedom with co-authors Steve Sjuggerud and D.R

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Five Steps to Consistent profits

This article is taken from the Forex Journal (January 2009 issue). The author, Chris Capre , is the current Fund Manager for White Knight Investments. He specializes in the technical aspects of trading, particularly using Ichimoku, momentum, Bollinger bands, pivot and price action models to trade the markets Chris Capre discusses a breakout strategy to employ when trying to trade Forex news events.

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How to Trade a News Breakout