GbpUsd is not going up, celcom 3g is not getting better. Trading is getting slower. Looking at the daily chart GU is still a downtrend. Only time will tell in the mean time I stumble upon a system worth looking into. Its not mine but it is beautifully created taking into account the strength of trend. A style that is safe to me.
Trend has it momentum, when you enter when the momentum is strong enough the price will continue it course. Thats how you profit as a small fish
Saturday, January 24, 2009
ALL IS DOWN
Monday, January 19, 2009
Forex Strategy Books
Forex strategy e-books that are listed here provide information on the specific trading strategies as well as the use of particular Forex trading instruments. Basic knowledge of Forex trading is required to correctly understand and use these strategies.
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
* 1-2-3 System — A simple pattern trading system by Mark Crisp.
* Bollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author.
* Value Area — from The Likos Letter.
* The Dynamic Breakout II Strategy — by unknown author.
* Ghost Trader Trading Strategy — by unknown author.
* King Keltner Trading Strategy — by unknown author.
* Scalp Trading Methods — by Kevin Ho.
* LSS - An Introduction to the 3-Day Cycle Method — by George Angell.
* Market Turns And Continuation Moves With The Tick Index — by Tim Ord.
* The Money Manager Trading Strategy — by unknown author.
* Picking Tops And Bottoms With The Tick Index — by Tim Ord.
* The Super Combo Day Trading Strategy — by unknown author.
* THe Eleven Elliott Wave Patterns — by unknown author.
* The Thermostat Trading Strategy — by unknown author.
* Intraday trading with the TICK — by Christopher Terry.
* Traders Trick Entry — by Traders Educators of Traders University.
* Fibonacci Trader Journal — a journal covering different trading techniques based on Fibonacci indicators, by Robert Krausz. 12 issues.
* Rapid Forex — a set of aggressive Forex trading strategies (Rapid Forex) by Robert Borowski and Stephen A. Pierce.
* Microtrading the 1 Minute Chart — a small e-book aimed on Forex newbies to teach them the basics of M1 scalping.
* BunnyGirl Forex Trading Strategy Rules and FAQ — set of rules for a BunnyGirl trading strategy based on WMA crossing.
* The Daily Fozzy Method — by Michael Dunbar.
* Forex Trader's Cheat Sheet — real Forex cheat sheet for position entry times/conditions by Quantum Research Management Group.
* Offset Trading — a basic Forex news trading range breakout system by Dana Martin.
* How to Trade Both Trend and Range Markets by Single Strategy? — by S.A. Ghafari.
* A Practical Guide to Technical Indicators; Moving Averages — by S.A. Ghafari.
* FX Wizard — essential Forex trading rules by Rob Walton.
* FX Destroyer — a description of a rather simple Forex trading strategy, invloving moving averages, parabolic SAR and ADX indicators, by Izu Franks.
* A Practical Guide to Swing Trading — a simple and practical guide to the swing trading strategy, by Larry Swing.
* Practical Fibonacci Methods for Forex Trading — practical guide to Fibonacci levels with the real trade examples of the Forex strategy based on these levels, by Ken Marshall and Rob Moubray.
* Using The Heikin-Ashi Technique — a short but detailed guide to trading using Heikin-Ashi charting technique, by Dan Valcu.
* The Day Trade Forex System — an indicator-based strategy with detailed description, chart examples and minor advertising, by Erol Bortucene and Cynthia Macy.
* http://www.earnforex.com/forex_e-books/trading_strategy/
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
* 1-2-3 System — A simple pattern trading system by Mark Crisp.
* Bollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author.
* Value Area — from The Likos Letter.
* The Dynamic Breakout II Strategy — by unknown author.
* Ghost Trader Trading Strategy — by unknown author.
* King Keltner Trading Strategy — by unknown author.
* Scalp Trading Methods — by Kevin Ho.
* LSS - An Introduction to the 3-Day Cycle Method — by George Angell.
* Market Turns And Continuation Moves With The Tick Index — by Tim Ord.
* The Money Manager Trading Strategy — by unknown author.
* Picking Tops And Bottoms With The Tick Index — by Tim Ord.
* The Super Combo Day Trading Strategy — by unknown author.
* THe Eleven Elliott Wave Patterns — by unknown author.
* The Thermostat Trading Strategy — by unknown author.
* Intraday trading with the TICK — by Christopher Terry.
* Traders Trick Entry — by Traders Educators of Traders University.
* Fibonacci Trader Journal — a journal covering different trading techniques based on Fibonacci indicators, by Robert Krausz. 12 issues.
* Rapid Forex — a set of aggressive Forex trading strategies (Rapid Forex) by Robert Borowski and Stephen A. Pierce.
* Microtrading the 1 Minute Chart — a small e-book aimed on Forex newbies to teach them the basics of M1 scalping.
* BunnyGirl Forex Trading Strategy Rules and FAQ — set of rules for a BunnyGirl trading strategy based on WMA crossing.
* The Daily Fozzy Method — by Michael Dunbar.
* Forex Trader's Cheat Sheet — real Forex cheat sheet for position entry times/conditions by Quantum Research Management Group.
* Offset Trading — a basic Forex news trading range breakout system by Dana Martin.
* How to Trade Both Trend and Range Markets by Single Strategy? — by S.A. Ghafari.
* A Practical Guide to Technical Indicators; Moving Averages — by S.A. Ghafari.
* FX Wizard — essential Forex trading rules by Rob Walton.
* FX Destroyer — a description of a rather simple Forex trading strategy, invloving moving averages, parabolic SAR and ADX indicators, by Izu Franks.
* A Practical Guide to Swing Trading — a simple and practical guide to the swing trading strategy, by Larry Swing.
* Practical Fibonacci Methods for Forex Trading — practical guide to Fibonacci levels with the real trade examples of the Forex strategy based on these levels, by Ken Marshall and Rob Moubray.
* Using The Heikin-Ashi Technique — a short but detailed guide to trading using Heikin-Ashi charting technique, by Dan Valcu.
* The Day Trade Forex System — an indicator-based strategy with detailed description, chart examples and minor advertising, by Erol Bortucene and Cynthia Macy.
* http://www.earnforex.com/forex_e-books/trading_strategy/
Labels: Basic
Risk Management
1. Mentality
* Disciplined : Manage risk effectively
* Objective : Do not emotional
* Convidence : When to trade
* Systematic : How buy / sell signals
* Accept Mistakes
* Do Not ‘Gut The Feeling
2. Analysis
* Technical Analysis and Fundamental Analysis
* Learn the daily forex news and analysis of the professional currency analists
* Follow and understand the trend of the mayor currency pairs
3. Strategy
* Money Managemen Strategy
* Follow Market Strategy
* Do Not Fight Market
* Discipline The Day Trade Strategy
* Always Stick To Plan
* Disciplined : Manage risk effectively
* Objective : Do not emotional
* Convidence : When to trade
* Systematic : How buy / sell signals
* Accept Mistakes
* Do Not ‘Gut The Feeling
2. Analysis
* Technical Analysis and Fundamental Analysis
* Learn the daily forex news and analysis of the professional currency analists
* Follow and understand the trend of the mayor currency pairs
3. Strategy
* Money Managemen Strategy
* Follow Market Strategy
* Do Not Fight Market
* Discipline The Day Trade Strategy
* Always Stick To Plan
Labels: Basic
Six steps To Succes in Forex
1. Choose an online forex Firm
2. Open a ‘visual trading demo account
3. Set up our charts
4. How to buy and sell the currency pairs
5. When to enter and exit your trades
6. Open a live trading account
Labels: Motivation
The Day Trade Foundation
1. Is not a get-rich Quick scheme
2. Follow 1 or maybe 2 mayor currency pairs
3. Follow and understand the daily forex news and analysis of the professional currency analists
4. Learn how to use the technical indicators
5. Always trade with stop losses
2. Follow 1 or maybe 2 mayor currency pairs
3. Follow and understand the daily forex news and analysis of the professional currency analists
4. Learn how to use the technical indicators
5. Always trade with stop losses
Labels: Basic
Stochastic Oscillator
Stochastic Oscillator is a creation tool analyzes C George Lane in the late 50's. As the name suggests, the value of the range on this indicator is 0-100 (oscillator). Stochastic Oscillator is used to indicate the position relative to the range of closing the transaction in a period of time. Basically, this indicator is used to measure the relative strength of the price of the last lapse of the highest price to its low-tar and the lapse of the period during which we want. Stochastic Oscillator consists of two lines called% K and% D. The core of this indicator is the% K and% D itself is a school of% K. Can be said that the% D line is as identifying the direction% K.
If we see from the Stochastic Oscillator range 0-100 that is, in fact it can be said that this indicator is not different from the RSI. Only in the Stochastic calculation includes the lowest price possible, and the highest closing price at the time. While for the% D% of high school is K itself. By default value usually is 14% K and% D is 3. % D election period only 3 of the period studied to improve the sensitivity of the% D itself. The question whether in addition to the value. Of course, as can other indicators. However, there are several types of Stochastic Oscillator where we can not change the big% D. We will learn later.
Fast, Slow and Full Stochastic Oscillator
Just as the RSI indicator also oscilator, as well as lack of excess Stochastic is its sensitivity. Senstif because it can provide a signal that more early in monitoring the price movements. But with the emergence of such a rift various false signal. To reduce the number of false signals because of the sensitivity Stochastic needed more than just% D to its haluskan. % K line can be mashed before then processed back into% D. Processing is a different variant of the Stochastic Oscillator.
Fast Stochastic is the name of Stochastic usual. When the% K muluskan SMA 3 in the period before and then treated again with 3 SMA peride next to obtain the% D will be the Slow Stochastic Oscillator. Meanwhile, when the pe mulusan use with high school period than 3% for K, the so called Stochastic Full Stochastic Oscillator. Nowadays pemulusan of Stochastic% K is not only the school but can also use WMA and XMA. So, in fact depends on which you match. I will only discuss how to read Fast Stochastic Oscillator, for other variants in the same way it. Is a different sensitivity to and akuratan its course. And do not forget there is the determination of the period disinii. If we change% K periodenya become larger or smaller than the 14 also produces a different depending on the accuracy of your transaction pair kan.
Interpretation Stochastic Oscillator
There is some information we can get with Stochastic oscillaotr. But in general, does not vary with the information on the RSI and SMA. And the Stochastic Oscillator is actually a combination of both types of indicators of how the calculation is different. Overall, this indicator can be used to determine the overbought / oversold (which means the predicted trend for the long term), a discount of% K and% D (as a short term trend), and Bullish / Bearish centerline.
Overbought / Oversold
The state of overbought / oversold obtained when the Stochastic% K line has entered the limits of 20 and 80 of the 20 to 80 above and oversold to overbought. RSI is not the same? Please also note that this is not a limitation 20/80 absolute limits. Can only 30/70 or the other. So do not wonder if I also use the restrictions in different conditions determine overbought / oversold from this situation.
The state of overbought / oversold this will trigger the decline in the price rise in the long term. If there are price increase but the stochastic is overbought its point and start to leave the area, that means there will be pressure on the rate of price increase in the price of making akhrinya back down to its new seimbangan.
% K and% D Crossing
Then, if the restrictions overbougth / oversold for long-term trend, the discount per% K and% D we can use this trend to minor changes. That is so, if the conditions in a long Bullish trend, we often find in pergerakannya trend-minor trend. The amount of minor and major here is very relative, depending on the time line that we use. Time line for the hour-an hour, for example, is not unimportant minor trend is a movement because it can reach the 50 point! That means more than enough to gain up to 50 Dollars with only 1 lot and rely on minor trend.
As we know before the% D% K MA's not another reflection of price changes. So, according to the MA in determining the nature of the change trend, each perpotongan between the% D% K is the change means that the trend for the short time in the future. Bullish condition occurs when the% K% D cut from the bottom and vice versa Bearish trend obtained when K% cut from the top. This can only take place even when the second line in the region are overbought / oversold. If this happens, that means the pressure to buy or sell are very strong so there will be a possibility of price limits penetrate and support ressistance it.
The Centerline
Similar to the other oscillator, the Stochastic Oscillator is also located on the centerline of patok on the value of 50. Centerline reading this is exactly the same way with the reading on the RSI. When K% cut from the centerline under this condition indicates Bullish Centerline and vice versa when the% K under the condition of the crop Bearish reached. Simple is not it? However honest centerline crossover is rarely used because it is often too late to give recommendations buy / sell. The analysts often use a snippet of the% D% K.
Well, until the discussion here about the Stochastic Oscillator. Before we move to the other indicators, it is necessary to remind me again about the subject character Stochastic indicator oscillator such as this. It is a surplus at the same time the lack of indicators moving in a range like this is sensitivitasnya. Similarly on the Stochastic can be very sensitive when we use the period that is not right. The use period is not appropriate to bring us on a wrong decision that ultimately brings us to the big loss. Therefore, it is highly recommended that you seek the best on this indicator for each pairs. The amount can vary. The longer the period of the graph is used indicators will be more subtle means of sensitivity-to-annya will be reduced. Also recommended to use the Full Stochastic is because in the use of more subtle and can reduce the indicators that are too graphic curls.
If we see from the Stochastic Oscillator range 0-100 that is, in fact it can be said that this indicator is not different from the RSI. Only in the Stochastic calculation includes the lowest price possible, and the highest closing price at the time. While for the% D% of high school is K itself. By default value usually is 14% K and% D is 3. % D election period only 3 of the period studied to improve the sensitivity of the% D itself. The question whether in addition to the value. Of course, as can other indicators. However, there are several types of Stochastic Oscillator where we can not change the big% D. We will learn later.
Fast, Slow and Full Stochastic Oscillator
Just as the RSI indicator also oscilator, as well as lack of excess Stochastic is its sensitivity. Senstif because it can provide a signal that more early in monitoring the price movements. But with the emergence of such a rift various false signal. To reduce the number of false signals because of the sensitivity Stochastic needed more than just% D to its haluskan. % K line can be mashed before then processed back into% D. Processing is a different variant of the Stochastic Oscillator.
Fast Stochastic is the name of Stochastic usual. When the% K muluskan SMA 3 in the period before and then treated again with 3 SMA peride next to obtain the% D will be the Slow Stochastic Oscillator. Meanwhile, when the pe mulusan use with high school period than 3% for K, the so called Stochastic Full Stochastic Oscillator. Nowadays pemulusan of Stochastic% K is not only the school but can also use WMA and XMA. So, in fact depends on which you match. I will only discuss how to read Fast Stochastic Oscillator, for other variants in the same way it. Is a different sensitivity to and akuratan its course. And do not forget there is the determination of the period disinii. If we change% K periodenya become larger or smaller than the 14 also produces a different depending on the accuracy of your transaction pair kan.
Interpretation Stochastic Oscillator
There is some information we can get with Stochastic oscillaotr. But in general, does not vary with the information on the RSI and SMA. And the Stochastic Oscillator is actually a combination of both types of indicators of how the calculation is different. Overall, this indicator can be used to determine the overbought / oversold (which means the predicted trend for the long term), a discount of% K and% D (as a short term trend), and Bullish / Bearish centerline.
Overbought / Oversold
The state of overbought / oversold obtained when the Stochastic% K line has entered the limits of 20 and 80 of the 20 to 80 above and oversold to overbought. RSI is not the same? Please also note that this is not a limitation 20/80 absolute limits. Can only 30/70 or the other. So do not wonder if I also use the restrictions in different conditions determine overbought / oversold from this situation.
The state of overbought / oversold this will trigger the decline in the price rise in the long term. If there are price increase but the stochastic is overbought its point and start to leave the area, that means there will be pressure on the rate of price increase in the price of making akhrinya back down to its new seimbangan.
% K and% D Crossing
Then, if the restrictions overbougth / oversold for long-term trend, the discount per% K and% D we can use this trend to minor changes. That is so, if the conditions in a long Bullish trend, we often find in pergerakannya trend-minor trend. The amount of minor and major here is very relative, depending on the time line that we use. Time line for the hour-an hour, for example, is not unimportant minor trend is a movement because it can reach the 50 point! That means more than enough to gain up to 50 Dollars with only 1 lot and rely on minor trend.
As we know before the% D% K MA's not another reflection of price changes. So, according to the MA in determining the nature of the change trend, each perpotongan between the% D% K is the change means that the trend for the short time in the future. Bullish condition occurs when the% K% D cut from the bottom and vice versa Bearish trend obtained when K% cut from the top. This can only take place even when the second line in the region are overbought / oversold. If this happens, that means the pressure to buy or sell are very strong so there will be a possibility of price limits penetrate and support ressistance it.
The Centerline
Similar to the other oscillator, the Stochastic Oscillator is also located on the centerline of patok on the value of 50. Centerline reading this is exactly the same way with the reading on the RSI. When K% cut from the centerline under this condition indicates Bullish Centerline and vice versa when the% K under the condition of the crop Bearish reached. Simple is not it? However honest centerline crossover is rarely used because it is often too late to give recommendations buy / sell. The analysts often use a snippet of the% D% K.
Well, until the discussion here about the Stochastic Oscillator. Before we move to the other indicators, it is necessary to remind me again about the subject character Stochastic indicator oscillator such as this. It is a surplus at the same time the lack of indicators moving in a range like this is sensitivitasnya. Similarly on the Stochastic can be very sensitive when we use the period that is not right. The use period is not appropriate to bring us on a wrong decision that ultimately brings us to the big loss. Therefore, it is highly recommended that you seek the best on this indicator for each pairs. The amount can vary. The longer the period of the graph is used indicators will be more subtle means of sensitivity-to-annya will be reduced. Also recommended to use the Full Stochastic is because in the use of more subtle and can reduce the indicators that are too graphic curls.
Labels: Indikator
Tips to improve science Forex
Forex tips that should be mastered by trader or investor to increase the capacity, among others, namely:
1. Learning the Basic Concept of forex. You must understand how the forex market form and how do they work.
2. Technical Analysis deepens. You are expected to master techniques to identify the market. Which are trending or ranging. You are also expected to determine support and resistance.
3. Learn Candlestick Chart. This must be due to the chart Candlestick chart is the most popular at this time. Very impossible trader can succeed without the candle is the specialty. You can learn patterns Candlestick as bullish engulfing, etc. morning star.
4. Chart Patterns will understand. You should first master the basics of learning before Candlestick Chart Patterns Chart Patterns.Karena in detail consists of a set of patterns Candlestick. Chart patterns anatara Patterns such as Triangle, Wedges, Rectangle, Triple Top, Head and Soulder, etc.
5. Learn techniques fibonacci
6. How deep is the last Technical Indicator. The indicator-indicator are Bollinger bands, MACD, RSI, and the Moving Average.
It should be for the Moving Average, among others:
* What is the correct period, for different time frame, of course, different settings periodnya
* MA Method using simple, Exponential, or linier weighted, or smoothed?
* Basic implementation of the price using the price close, open, high, low, median price, or the typical price, or the other.
However seampuh need to know in any of the technical indicators are still limited or no kelemehan. For example should not use the indicator when the moving average market currently ranging. Why? Because more to give a false signal.
Hopefully the information above can increase our knowledge of the world FOREX
1. Learning the Basic Concept of forex. You must understand how the forex market form and how do they work.
2. Technical Analysis deepens. You are expected to master techniques to identify the market. Which are trending or ranging. You are also expected to determine support and resistance.
3. Learn Candlestick Chart. This must be due to the chart Candlestick chart is the most popular at this time. Very impossible trader can succeed without the candle is the specialty. You can learn patterns Candlestick as bullish engulfing, etc. morning star.
4. Chart Patterns will understand. You should first master the basics of learning before Candlestick Chart Patterns Chart Patterns.Karena in detail consists of a set of patterns Candlestick. Chart patterns anatara Patterns such as Triangle, Wedges, Rectangle, Triple Top, Head and Soulder, etc.
5. Learn techniques fibonacci
6. How deep is the last Technical Indicator. The indicator-indicator are Bollinger bands, MACD, RSI, and the Moving Average.
It should be for the Moving Average, among others:
* What is the correct period, for different time frame, of course, different settings periodnya
* MA Method using simple, Exponential, or linier weighted, or smoothed?
* Basic implementation of the price using the price close, open, high, low, median price, or the typical price, or the other.
However seampuh need to know in any of the technical indicators are still limited or no kelemehan. For example should not use the indicator when the moving average market currently ranging. Why? Because more to give a false signal.
Hopefully the information above can increase our knowledge of the world FOREX
Labels: Basic
Fundamental weaknesses ANALISYS & TEKNIKAL
Weakness in the Fundamental Analysis
1. It takes time to get information.
2. Often a subjective opinion because many people involved.
3. Better applied to the long term trading period
4. Difficult to apply in the market is not efficient
Weakness in the Technical Analysis
1. Need more data to support akuratnya input.
2. Depends on the ability chartist. Chartist each have a different method and each match will not necessarily apply to each other
1. It takes time to get information.
2. Often a subjective opinion because many people involved.
3. Better applied to the long term trading period
4. Difficult to apply in the market is not efficient
Weakness in the Technical Analysis
1. Need more data to support akuratnya input.
2. Depends on the ability chartist. Chartist each have a different method and each match will not necessarily apply to each other
Labels: Analisys
Fundamental Analysis
analysis the basic information is Fundamental / news (news), which comes from:
1. Official Institutions / Government
2. Print / electronic
3. Individual
According to the source, the method Fundamental are subjective, depending on the degree of belief Investor / Consultant to the news source. Penganalisaan the basic information is Fundamental / news (news), which comes from:
1. Official Institutions / Government
2. Print / electronic
3. Individual
According to the source, the method Fundamental are subjective, depending on the degree of belief Investor / Consultant to the news source.
Fundamental nature news grouped into two, namely:
1. Requests are Bullish News
Bullish derived from the word 'bull' (bull); describes the nature of the market price movement seems to be down, but actually will increase (similar movement musuhnya bull horn, the horn, and was thrown up).
Examples are Bullish news from the Reuter / print media:
- Bad weather / storm / unfavourable,
- 3 - 6 conseccutive (consecutive) days up / firmer (menguat)
- Triggered Buying, Bottomside / bottomout, Buying Power, etc.
2. News Quotes / Supply is BEARISH
Bearish derived from the word 'bear' (bear); describes the nature of the market price movement seems to be rising, but the actual price will go down .
Examples are Bearish news from the Reuter / print media:
- Fine weather / favourable, 3-6 consecutive days down / easier (weakened)
- Lack of Demand (Lack of Demand)
- Triggered Selling, capped Topside (Peak has been reached), Harvesting
- Selling Power, Ample of stock (Stock abundant), etc..
Factors affecting the fundmental analysis
Analysis:
Economy
Politics
Security
Determines:
speed information
Source of information
information Processing & Forecasting / prediction
1. Official Institutions / Government
2. Print / electronic
3. Individual
According to the source, the method Fundamental are subjective, depending on the degree of belief Investor / Consultant to the news source. Penganalisaan the basic information is Fundamental / news (news), which comes from:
1. Official Institutions / Government
2. Print / electronic
3. Individual
According to the source, the method Fundamental are subjective, depending on the degree of belief Investor / Consultant to the news source.
Fundamental nature news grouped into two, namely:
1. Requests are Bullish News
Bullish derived from the word 'bull' (bull); describes the nature of the market price movement seems to be down, but actually will increase (similar movement musuhnya bull horn, the horn, and was thrown up).
Examples are Bullish news from the Reuter / print media:
- Bad weather / storm / unfavourable,
- 3 - 6 conseccutive (consecutive) days up / firmer (menguat)
- Triggered Buying, Bottomside / bottomout, Buying Power, etc.
2. News Quotes / Supply is BEARISH
Bearish derived from the word 'bear' (bear); describes the nature of the market price movement seems to be rising, but the actual price will go down .
Examples are Bearish news from the Reuter / print media:
- Fine weather / favourable, 3-6 consecutive days down / easier (weakened)
- Lack of Demand (Lack of Demand)
- Triggered Selling, capped Topside (Peak has been reached), Harvesting
- Selling Power, Ample of stock (Stock abundant), etc..
Factors affecting the fundmental analysis
Analysis:
Economy
Politics
Security
Determines:
speed information
Source of information
information Processing & Forecasting / prediction
Labels: Analisys
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