The Forex Indicators: September 2009

Wednesday, September 30, 2009

[+/-]

Intraday Trading

Intraday

Use minute charts (1 min, 5 min).
Traders are held intraday & exited by market close.

Advantages

Lots of trading opportunities.
Less chance of losing months.
No overnight risk.

Disadvantages

Transaction costs (spread) will be much higher.
Mentally are more difficult due to frequency trading.
Profits are limited by needing to exit at the end of the day.

Monday, September 28, 2009

[+/-]

Short Term Trading

Short Term
Traders use hourly time frames & hold trades for several hours to a week.

Advantages

More opportunities for trades.
Less chance of losing months.
No overnight risk.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Sunday, September 27, 2009

[+/-]

Multiple Timeframes

When comes to choosing best time frames for trading, we should consider which one works well with our personality.

Trading time frames are usually categorized into 3 types:

Long-term.
Short-term or swing.
Intraday or day-trading.

Time Frame Breakdowns
It depends on your personality.

Long-term
Traders will usually refer to daily or weekly charts.

Advantages

Don't have to watch markets intraday.
Fewer transactions means less paying or spreads.

Disadvantages

Large swings require large stops.
Usually 1 or 2 good trades a year so patience is required.
Bigger account needed to ride longer term swings.
Frequent losing months.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Wednesday, September 23, 2009

[+/-]

Never invest your real money in forex trading until you really really succeed. Trade on a demo account first until you can make profits from it and you are satisfied with your forex system. The most important thing is money management, this is actually how you manage your account so you can minimize you loss and maximize your profits.

p/s: If you are still not success with your demo account, try to look what makes you don't make any profits and keep trying until you get the picture.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Tuesday, September 22, 2009

[+/-]

Forex Scalping

If you want to learn how to scalping in forex. This ebook might help you.

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Sunday, September 20, 2009

[+/-]

Summary

A technique used by pro traders & market makers to make entry & exit points for the day.
Useful in forex since many pairs fluctuate between these levels.
Range-bound traders enter buy order near identified levels of support & sell new resistance.
Allow breakout traders to identify key levels that need to be broken for a move to qualify as a bonafide breakout.
Allow to see possible areas to cause price movement.
Good to use with other indicators.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Saturday, September 19, 2009

[+/-]

EASY Method

This is another good forex indicator if you really want to find a very simple, profitable and easy to use indicator. I recommended this indicator but you have to test it first for months and make sure you can really make profits from this indicator.

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Wednesday, September 16, 2009

[+/-]

Ultimate Kuasa Forex

This is another great forex indicator and for you its free!!

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Tuesday, September 15, 2009

[+/-]

Forex Pivot Point Trading Tips

If price at PP, watch a move back to R1 or S1.
If price is at R1, expect a move to R2 or back towards PP.
If price is at S1, expect a move to S2 or back towards PP.
If price is at R2, expect a move to R3 or back towards R1.
If price is at S2, expect a move to S3 or back towards S1.
If there is no news to influence the market, price will usually move from P to S1 or R1.
If there is news to influence the market, price may go straight through R1 or S1 & reach R2 or S2 and even R3 or S3.
R3 & S3 are good indications for the maximum range.
Pivot lines work well in sideway markets.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Monday, September 14, 2009

[+/-]

Elliot Wave & Fibonacci Ration

For those who want to learn fibonacci and elliot wave. Do not hesitate to:

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Sunday, September 13, 2009

[+/-]

Range-Bound Trades

The strength of support & resistance at the different pivot level is determined by the number of times the price bounces off the pivot level.
The more times a currency pair touches a pivot level than reverses, the stronger the level is.
If the pair is nearing an upper resistance level, you could see the pair & place a stop above the resistance level but if the price is moving up & break the resistance level & considered "upside breakout", get stop of your entry order.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Friday, September 11, 2009

[+/-]

Arrozaq System Indicator

Another great forex indicator..

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Thursday, September 10, 2009

[+/-]

MACD Strategy

Guys if you really want to learn some indicator, I suggest you should learn MACD, in this ebook, it tells you how to use MACD. Really informative and benefit you a lot in forex trading.

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Wednesday, September 9, 2009

[+/-]

How To Trade With Pivot Points

Breakout Trades

The pivot point (PP) should be the 1st place to look at to enter a trade, since it is the primary support/resistance level.
When price reaches the pivot point (PP), you will be able to determine whether to go long or short, set your profit targets & stops.
If prices are above the pivot it's consider bullish.
Let's say the price is hovering around the pivot point and closes below it so you decide to go short. Your stop-loss would be above PP & initial profit target would be at S1. If you see prices continue to fall between S1, move your existing stop-loss order just above S1 & wait till hit S2.
The same thing if prices move during an uptrend.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Tuesday, September 8, 2009

[+/-]

Forex Pivot Points

Professional traders & market makers use pivot point to identify important support & resistance levels.

Calculating Pivot Points
Calculated by using the last trading session's Open, High, Low & Close.

PP=(High+Low+Close) / 3
First level support & resistance
1st Support (S1) = (2*PP) - High
1st Resistance (R1)= (2*PP) - Low

Second level support & resistance
2nd Support (S2) = PP - (High - Low)
2nd Resistance (R2) = PP + (High - Low)

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Monday, September 7, 2009

[+/-]

Forex Blue Print

Another great forex ebook..

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

[+/-]

Greepips V2 Indicator

This is another powerful indicator that you can really rely on but you have to practice it first..

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

[+/-]

Reverse Head & Shoulders (Important Chart Patterns)

A trend reversal pattern formed by a valley (shoulder), lower valley (head) and another higher valley (shoulder).

Summary

Happens after an extended downtrend.
Place your long entry above the neckline.
Calculate our target by measuring the distance between the low point of the head & the neckline. This is the approximate distance that the price will move after it breaks the neckline.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Sunday, September 6, 2009

[+/-]

Head & Shoulders (Important Chart Patterns)

A trend reversal pattern formed by a peak (shoulder), a higher peak (head) & then another lower peak (shoulder).

Summary

Happens after an extended uptrend.
Place your short entry below the neckline.
Calculate our target by measuring the distance between the high point of the head & the neckline.
This is approximately distance that the price will move after it breaks the neckline.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Saturday, September 5, 2009

[+/-]

Double Bottom (Important Chart Patterns)

A reversal pattern that is formed after there is an extended move down.

Summary

Happens after an extended downtrend.
Formed by 2 valleys that can't break a certain level. This level become a support line.
Place our long entry order above the high point of the in between the 2 valleys.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Friday, September 4, 2009

[+/-]

The Truth About Fibonacci Trading

If you guys want to learn more about fibonacci, you come to the right place because this ebook tells u everything about fibonacci..

Click Here To Download..

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

[+/-]

Double Top (Important Chart Patterns)

A reversal pattern that is formed after there is extended move up.

Summary

Happens after an extended uptrend.
Formed by 2 peaks that can't break a certain level. This level becomes a resistance line.
Place our short entry order below the low point of the valley in between the 2 peaks.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Thursday, September 3, 2009

[+/-]

Descending Triangle (Important Chart Patterns)

It occurs when there is a support line & a slope of lower highs (LH). It happens when there is certain level a seller cannot seem to exceed. They are pushing the price down as evident by the lower highs (LH).

Summary

Consists of Lower Highs (LH) & support line.
Usually mean that the price will break the support line & go lower but you should place entry orders on both sides just in case support line is too strong.
Place your entry orders above the Lower Highs (LH) & below the support line.

Tags:
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators

Wednesday, September 2, 2009

[+/-]

Ascending Triangle (Important Chart Patterns)

Occurs when there is a resistance level and a slope of higher lows (HL). It happens where there is a certain level that the buyer cannot seem to exceed. They are pushing the prices up as evident by the higher lows (HL).

Summary

Consists of HL & resistance.
It usually means that the price will break the resistance line and go higher but you should place entry orders on both sides just in case the resistance line is too strong.
Place your entry orders above the resistance line & below the higher lows (HL).