Forex Swing Trading system - What should be included in any swing trading system?

Forex Swing Trading systems lasts for few hours to sometime few days. Their accuracy is typically high since such systems are based on trading on 1 hr time frame or higher where technical indicators respond very well.A good swing trading system in forex always include -1. A primary indicator which tells if a valid trade setup is about to happen or not2. A confirming indicator to confirm if the

Forex day trading - How do you decide the stop loss?

Forex day trading - How do you decide the stop loss?The importance of a stop loss when placing a trade, is very evident. One will not want the entire account balance to come to zero which can happen if stop loss is not in place.But how do you decide a stop loss? Should it be anything?? Are there any factors that decide the stop loss?There absolutely are the factors -1. Foremost is how much can

An amazing Forex Trading system at stunning price

An amazing Forex Trading System at stunning price!!!!!!!Anyone who trades forex or options or commodities or anything, knows the importance of a trading system. The system not only has to be good and easy to understand, but should also be reliable under any market conditions. Thats what Adam Burgoyne's 5EMAs forex trading system does.1. The system goes excellent entry points and exit points 2. It

Forex Day Trading System - GBP/USD is all about going long

Forex Day Trading System - GBP/USD is all about going longThe GBP/USD after a 2 month retracement is back to long ways again..It has broken the 2.0000 barrier once again. It briefly retraced on past wednesday and thursday, but on friday it zoomed up just like EUR/USD. The technical indicators were perfectly lined up. I used the system specified by Adam Burgoyne in the forex trading system that he

Forex Day Trading system - Importance of an oscillator

Forex Day Trading system - Importance of an oscillator such as Stochastic Lot of people try to place trade using a lot of indicators. Well the more the indicators, the less the number of forex trades one can place since one will wait for all the indiactors to line up which will not happen too often. More than that it also confuses matter. According to me use of 2-3 technical indicators tops is

A landmark post - USD in massive gains

A landmark post - USD in massive gains There are 2 points I am trying to cover in this message. The 1st is personnal .. Here it is -This is the 100 th post on this forex trading blog.. Yes, the overall count has reached triple digits. It started as a small journey with a quick introduction. Now it is a blog where people come regularly to get updates about happenning in Forex market from an angle

Top Sources to learn forex trading online

Top Sources to learn forex trading onlineSorry for posting after quite a while..I was working on something which I'll share with you within next few messages. Its kind of nice new thing. People generally tend to ask me how should they learn about trading forex. This is a very common question. With so much information flowing on internet and significant amount of it being scan, its not difficult

Forex Trading at its best when technical indicators work like they should

Forex Trading at its best when technical indicators work like they should -A trader of currency market gets a lot of pleasure when the technical indicator s/he has analysed works the way analysis said. So, when someone feels that the currency pair should bounce of a fibonacci level or should bounce from EMA, and if that happens, its terrific.The same happenned with AUD/USD. My analsis of this

Placing the trades using Pivot Points

Placing the trades using Pivot Points - Apart from the common indicators such as EMA, RSI and Fibonacci, another technical indicator is very popular between trades which is pivot points. This technical indicator is mostly used for currency day trading. Point pointsare nothing but some pre-identified support and resistance levels which are something like mutually agreed between the traders in

Trading with EUR, GBP

Trading with EUR, GBP - The popular currency pairsEver thought which are the most popular currency pairs to trade? Yes, EUR/USD is the popular of all and generally has tightest of spreads which is 2-3 pips depending on the broker.The next is GBP/USD - the highly volatile and has spread of 4-5 pips. What follows is USD/CHF and USD/JPY. Generally have 4-5 pips spread.Remember the high the volatile

Forex Day Trading system : Hitting of stop loss on my last trade

Forex Day Trading system : Hitting of stop loss on my last tradeToday the EUR/USD market unexpectedly turned. Euro became stronger and the currency pair jumped about 100 pips in a span of 2 hours..As expected, it would have taken out the stops of all the forex traders that were short.That included me as well. My trade was short and was up 67 pips. My stop loss as 40 pips away. Since my stop loss

Forex Day Trading system - Quick chances of market reversel for EUR/USD

Forex Day Trading system - EUR/USD at important resistance areaThis currency pair is at a very high point as per the daily charts..So, it is at a very strong resistance area. If it breaks that, then the trading charts will show the forex market zoom.If the market is high on daily charts, one still has the chance to do forex day trading by being bullish since in that case you are looking for a

Forex Day Trading System: the volatility when news break out

Forex Day Trading System: the volatility when news break out People many times ask me why does the volitility increase significantly when a fundamental news announcement such as FOCM or NFP comes out?It may seem to be simple question for some of you, but I must tell you that it is very important for those who don't know.Volatility is driven by the number of people in the forex market to buy or

Forex Day Trading System - The most volatile time of the month is NFP (Non Farm Payroll)

Forex Day Trading System - The most volatile time of the monthTomorrow is the most volatile time in a month of the currency trading market..Yes its Non Farm Payroll time.. I like the way the forex pairs jumps during this announcement..The candlesticks size is big, the technical indicators such as RSI, EMA or MACD etc don't make sense and all the analysis goes for a toss..Its really exciting..I

Forex Day Trading System - USD booms

Forex Day Trading System - USD booms!!Anyone who is watching the currency trading charts must have realized that the USD is bullish the big time..And its bullish across the board with EUR, GBP, CHF, AUD, NZD everyone stumbling against Greenback retaliation..Except JPY!! Yes, Yen is giving bigtime pounding to the $$..Thats because the JPY is too much driven by the fundamentals..Thats the primary

Forex Day Trading System - NZD/USD broke out

Forex Day Trading System - NZD/USD broke outThats what trading currency is all about. A currency pair that is range trading or moving very slow is bound to break free from the shakles of support and resistance and then starts trending strongly..Its more like a runner who keeps running and reduces pace to catch some breeathe only to start running once again.I was watching NZD/USD for last 5 days

Forex day trading System - Catch a trend and ride on it

Forex day trading System - Catch a trend and ride on itOff late you must have seen that EUR/USD is in tight range bound condition. When that happens and if you are more of a trend trader, then its not an ideal forex trading market for you.Then should you stop trading? Or should you adapt to a differnt time zone?? You can do both.You can stop trading till market is ready to explode or you can

Forex Day Trading System - Confusion over technical indicators?

Forex Day Trading System - Not sure which indicators to use in the analysis?Its quite natural..With so many indicators in place, sometimes its overwelhming on which indicators to use..Remember, your technical indicators are to help you predict how the forex trading market will behave on the basis of how it has worked earlier..Somtimes it will work just as you predicted and sometimes the day