Forex Day Trading System - Where will the anti USD rally End?USD is taking some serious pounding from all the majors where EUR, GBP, JPY and CHF are prominent.Though this is good for export and helps to get more foreign exchange, in a way it will keep inflation high.Now, the biggest question that comes is how can you take advantage of this rally? To make some gains in this rally, what you have to
Showing posts with label pivot points. Show all posts
Showing posts with label pivot points. Show all posts
Monday, 29 October 2007
Forex Day Trading System - Where will the anti USD rally End?
Labels: EUR/USD, forex day trading, GBP/USD, pivot points, support and resistanceMonday, 23 April 2007
You asked on Peter Bain Pivot points forex course and I am answering it
Labels: forex day trading, forex pips, peter bain, pivot pointsYou asked on Peter Bain Pivot points forex course and I am answering it -Since the time I recommended Peter Bain's forex mentor trading course, few of you have come back to me with a common question - "Is it worth an investement?"My answer will be "Yes!!! If and only if you like doing day trading." This essentially means that if you keep your trades open from few minutes to few hours and not
Thursday, 12 April 2007
Placing the trades using Pivot Points
Labels: fibonacci levels, forex pips, forex technical indicators, forex trading ebook, MACD, pivot points, Technical AnalysisPlacing 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
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