Forex Day Trading System - Tomorrow's FOMC Announcement

Forex Day Trading System - FOMC Fundamental Announcement due tomorrowIt was said that market had comparitively thin volatility today since FOMC fundamental announcement is due tomorrow. FOMC is Federal Open Market Committee and they take important decisions on Federal policy such as interest rate hike etc..So, any forex day trader trying to trade today would have made very little profit..

Forex Day Trading System - What happenned in last Non Farm Payroll (NFP) Announcement?

Forex Day Trading System - What happenned in last Non Farm Payroll (NFP) Announcement?Hello Everyone.. my this post is after quite a few days..2 weeks perhaps..I was busy with few things.Did anyone of you notice what happenned during last friday (8-Dec-06) Non Farm Payroll fundamental announcement? Infact it was a combination of the announcement and what happenned few hours after the

Forex Day Trading System - Importance of candlesticks

Forex Day Trading System - How much is the importance of candlesticksCandlestick patterns are important and very important..When you look at a daily chart, the candlestick formations are very reliable..They point to hammer, hanging man, morning star, evening star and other formations very accurately..However, when the timeframe of a chart drops, so does the reliability of the candlestick patterns