Monthly Archives: April 2008

Forex Day Trading Technical Indicators are tools used by the traders to make a prediction for various factors involved in their day-to-day trading. These technical indicators may prove to be profitable if used in proper context. For example, a technical indicator may make forecasts on the direction at which a particular currency pair may head … Continue reading

by Jimmy Young EURUSDTrader Courage Under Stressful Conditions When the Outcome is Uncertain All the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. … Continue reading

Among one of the important concepts a new forex trader should know is what a Moving Average means, how it’s calculated and what its use as a trading indicator is. Moving Average is defined as a technical indicator that shows the average value of a particular currency pair over a previously determined amount of time. … Continue reading

You may be wondering, `Why would David Jenyns write about the worst Forex trading strategy around? There are a couple of reasons: First, to warn you about the worst Forex trading strategy, because you really don`t want to end up using this system. Second, because once you know the worst possible Forex trading strategy, the … Continue reading

Many factors affect Forex trading. It is critical to know and understand the various factors that cause the Forex to fluctuate from day to day. The foreign exchange market will change depending on the economic factors that play a role in the movement of currency. Economic factors and indicators are released by the government or … Continue reading