Chart Patterns

Now that we are in the summer doldrums, chart patterns take on a whole new significance!

For a review bookmark this link!!

http://www.stockcharts.com/education/index.html

Happy Trading!!

Learn online forex trading - What happenned to my USD/CHF trade?

Learn Online Forex Trading - What happenned to my trade on USD/CHF?Yes, I'll come on to the details of the trade. But before that lets review the technical indicators I have discussed so far -1. Support and resistance levels - In Online forex trading support and resistance areas tell key areas from where the market direction generally reverses. The more number of times the market reverses from

Learn Online Forex Trading - Why do I feel good?

Learn online Forex Trading - Why do "I feel good"?Because another forex trade of mine went right..:-)..If you read the end of my last post, I guessed that USD/CHF will hit 1.2410 and make a double top..Well it didn't exactly 1.2410. It went till 1.2430 and then is now bouncing from 38.2% fib level on the daily charts. So, in the online forex trading this is a very exciting time. If the 38.2 fib

It is Better in Groups

Banks and Hedge Fund Managers do it! And you should too!!

Too often I hear about the lonely trader who sits at their computer while the Forex market forces devour their capital. These are the same people who say currency trading is too risky and it doesn't work.

So you have taken the classes and read the books. Most humans don't learn that way. We must also be shown how to do it. In our case we must be shown (and repeatedly) how to trade, when to trade and when not to trade. Repetition is the key to learning.

And so is trading in a group!

If you do not have a group of traders then form your own group. Just look on Skype to see the myriad of Forex traders out there. Ask questions in forums (know you source though). You interaction with other enhance your Forex trading skill and acumen.

This just may be what the doctor ordered to have that breakout that puts you well on your way to Forex success!!

Happy Trading!!



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Learn Online Forex Trading - Whats the broker Commission?

Learn Online Forex Trading - What is the broker commission in forex trading?Welcome to another week in the world of forex trading..As you know the forex market opens on Sunday at 2 PM EST with opening of Aussie and Kiwi markets.Now many of you know that their are broker commissions associated with the trades you make in stocks or futures or commodity trading. The commissions vary between $7 to