Learn Online Forex Trading - My trade on 25-May-06

Learn Online Forex Trading - Details of my forex trade on 25-May-06 (Thursday)This is a very interesting trade I placed on USD/CAD currency pair. First let me tell you few things about my trading style -1. I trade on 30Min chart and 5 min. Chart.2. 30 Min. chart is used to judge market direction. 5 min chart I use to place entry-exit points.3. I use moving averages to judge market directions.4....

Learn online forex trading - Technical Analysis - Candlesticks

Learn Online Forex Trading - Candlesticks PatternsCandlesticks ?? What are they doing in online forex trading? No..I am not talking about the candles that you light at home.Candlesticks is one of the most widely used indicators to check the market conditions. Make no mistake, It is used across all the markets for trading like Stocks, Options, Commodities, futures and Forex trading of course. On...

Snap

Hi Forex Nation!!I have a little tip to help with the dark side of trading.All traders find themselves from time to time violating some of their own trading rules. There are legitimate times when it is OK for rules to be broken. For the beginner trader, this last rule should never be explored! If are relatively new to trading or you find yourself repeatedly make emotionally bad decisions while you...

Power of Full Engagement

A book review….Hi Forex Nation!!I have just read The Power of Full Engagement by Jim Loehr and Tony Schwartz. This is good stuff! The book challenges the most commonly held principal that the key to high performance is not through superior time management, but through superior energy management.The authors focus on both physical and mental energy as they lead you down their theory through a series...

The Da Vinci Forex Code

Hi Forex Nation!!Did anyone see the Da Vinci code this weekend?? I did! No, I have not read the book, but every time I got on an airplane the past 2 years there was always someone reading this book!Did you notice the references to Fibonacci all over the movie? I did, and was counting the sequence right along with John Langdon (aka Tom Hanks)! That got me thinking a little more about one of my favorite...