Forex Day Trading System - Trade the 1 min. chart

Forex day Trading System - Trading the 1 min chart..No, its not a fundamental announcement trading such as NFP or trade deficit etc..Its using technical indicators such as EMA (Exponential Moving Average), Bollinger bands and MACD..You can replace MACD with RSI if you need..Mind you trading with 1 min chart is scalping and you can't capture very high moves..Also, its not very popular for day

Forex Day Trading System - What is moving average?

Forex Day trading System - Learn what is a moving averageTo help understand moving averages, in a given series, a sample of consecutive candlesticks may be referred as a “time window.” If the candlesticks (e.g., closing prices) in a given chart (1 hr or 15 min. or any chart) were added together, and the sum divided by the number of candlesticks in the sample, an “average” gets calculated. So,

Forex day Trading System - Continuation to this day trading strategy

Forex Day Trading System - Lets continue our discussionIn our last session we discussed on Pivot points and how they are important...We also went through R1, R2 and R3 (Resistance levels) and also on S1, S2 and S3 (support levels)..Also we looked at how to calculate these..However you don't have to this manually..On the net there are lots of pivot calculators that are available to calculate it