Online Forex trading is a very hot trend these days, but you need to know one thing. Day trading is a very good way to lose money. Why? There are many risks involve with Forex day trading and with currency exchange as a whole. The volatility of the currency trading market is very high. This [...]
Archive for June, 2008
The Bollinger Band theory is designed to depict the volatility of a stock. It is quite simple, being composed of a simple moving average, and its upper and lower “bands” that are 2 standard deviations away. Standard deviations are a statistical tool used to contain the majority of movement or “deviation” around an average value. [...]
Is someone telling you that you need to learn how to make money in Forex trading now? You probably want to find out what is Forex and how to make money with it. Forex stand for “foreign currency exchange” which is a business of exchanging certain currency to another currency by simultaneously buying one and selling another. [...]
I’m going to take the time to talk to you about forex market analysis. There is a lot of money to be made in this market which is pretty evident by the fact that there are three trillion dollars moving around each day. This obviously attracts new people to this market looking for a quick [...]
Trading Forex - What is Next For the Australian Dollar?
Published June 11th, 2008 in Article. 0 CommentsThis is a follow up to an article “Australian Dollar top” from late May this year. That article pointed to a major top forming on longer term charts and a strong possibility of a meaningful correction to 0.8600-0.8500 area in the AUD-USD pair. This target has been achieved in a very short time indeed.
At the [...]
With all the software available why would it be beneficial to learn ANYTHING about Forex? There are a few reasons I can think of and will discuss (come on now, you didn’t honestly think I’d spoil the entire article in the first paragraph did you?) but remember I’m not saying you should replace your trading [...]
