Technical Archive
22 feb 2013
A Rapidly Changing Currency Exchange Market
With major economic news on multiple fronts the currency markets promise to be very active. The USD is poised for movement against major currencies based on impending spending cuts in excess of $85 Billion that look likely to slow growth in the US substantially if not move it into recession. This will in turn slow
13 apr 2012
Choosing the Best Time Frames to Trade Forex Within
There are many different time frames to choose from, when trading currencies. Different ones will suit different Forex traders, with each one presenting different opportunities to the next. It is important to choose the best time frame for you to trade Forex within, so that you can maximize your chances of success and your profits
03 apr 2012
Looking at Larger Time Frames in Forex Trading
It is important to look at time frames larger than the ones that you have chosen to trade in. Many Forex traders decide to just focus in on their chosen time frames, but this is just being narrow-minded. Time frames in Forex trading are important and you should definitely choose good ones that are the
23 mrt 2012
Whether Technical Analysis is More Effective in the Short Run or Long Run
Some believe that technical analysis can be used in the both short run and long run, but the vast majority of Forex traders only use it in the short run. Generally, this type of analysis is better suited to those who use more short-term Forex trading strategies, but if you are looking for long-term profits
21 mrt 2012
Using Bar Charts in Forex Trading
Bar charts are the commonly used type of chart in Forex trading. They are used by many Forex traders and they can be effective if used properly. Forex bar charts, just like other charts of this type, have two notches on them. The left notches represent the opening prices of the currency pairs in question
21 mrt 2012
Using Line Charts in Forex Trading
The most commonly used type of chart in Forex trading, is known as the line chart. They are quite popular, especially among beginners. One of the reasons why these kinds of charts are popular among beginners, is because not only can they be very effective, but they are very simple and easy to use. The
05 mrt 2012
How Technical Analysis Can Fail
Although there are other aspects of technical analysis in Forex trading, it mainly comes down to price charts, graphs and indicators. Some Forex traders rely heavily on the use of this type of analysis, but it doesn’t always work. Technical analysis is all about past price history and those who use this type of analysis
29 jan 2012
Twelve Candlestick Patterns That Can Signal Trading Opportunities
Ever since candlesticks have become a major trading tool, users of the systems have continually tracked and monitored the different candle patterns and have developed 12 major candle types that you should be aware of, in order to use them effectively. These patterns must be learned so that when they appear you can take advantage
29 jan 2012
Candlestick Patterns for Forex Trading Profits
Originally developed for predicting and projecting future rice prices, Japanese Candlesticks have been used by traders in all types of equities, commodities and financial markets for centuries. The exact point and time this tool was developed remains a mystery but it has become one of the most used technical trading tools available for use today.
24 jan 2012
Simple Moving Averages Explained
The simple moving average (SMA) has been around for as long as there have been trading markets and is one of the most common indicators in all financial markets. This indicator is used to smooth the visual effect of price volatility allowing you to see a very clear picture of the price movement and of