Tag Archives: advantages of forex

Week of Triangles in Forex

Forex Technical Analysis – Week of Triangles: To Every Forex Technical Analysis Lovers Surprise, we can see so many Triangles this Week.  Catch the opportunities here. EUR/USD: Ascending Triangle in EURUSD Chart GBP/USD: Ascending Triangle in GBPUSD Chart AUD/USD: Ascending Triangle in AUDUSD Chart NZD/USD: Ascending Triangle in NZDUSD Chart XAU/USD(Gold): Ascending Triangle in Gold Chart USD/JPY: Descending Triangle in USDJpy Chart Look Into ...

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Beware of Data Releases

Technical Traders… beware of Data Releases.  Otherwise, they may Surprise you! Though you are trading based on Pure Technical Analysis, you should be aware of Fundamentals also.  Because, most of the times Technical Analysis works.  But at the time of Data releases, for the time being, impact of the released Data dominates it. Some times, you might have experienced that; ...

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3D System’s Review on 11th September 2014

Entire this Week, USD/JPY uptrend prevails.  So, we got another Buy Entry today.  And we got Buy Entries in CHF/JPY and Sell Entries in Gold(XAU/USD). USD/JPY Buy Entry for 10 Pips: Gold(XAU/USD) 2 Sell Entries for 50 Pips: CHF/JPY 2 Buy Signals for 23 Pips:   Watch Video: Tomorrow Also we can Focus on these same Pairs.

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How I Have Traded Canadian Employment Change

How I Have Traded Canadian Employment Change Today I have traded Canadian Employment Change and Unemployment Rate to grab some nice Pips by utilizing News Announcements. I have placed a Buy Stop and a Sell Stop Order before News Announcement.  Released figures were negative to Canadian Dollar and USD/CAD moved upside in a quick movement. My Buy Stop Order has ...

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How to Use Bollinger Bands

What Are Bollinger Bands? Bollinger Bands are developed by John Bollinger.  They were used to measure Market’s Volatality.  Bollinger Bands are calculated as a Particular Period SMA and a Standard Deviation Levels. It contains 3 Bands. In Daily Time Frame; Upper Band : 20 Day SMA + (20Day SD X 2) Milldle Band: 20 Day SMA Lower Band : 20 ...

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Common Mistakes of A Trader

Triple your chances of Success on every trade by knowing the most Common Mistakes made by a New Trader and how to avoid them. Every Trader can make Money in trading any kind of Market like; Forex, Stocks, Bullion and Commodity, when they overcome these common mistakes and get success in trading. I have been in trading for 4 years and made ...

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7 Qualities of A Successful Trader

If you want to be a successful trader in any kind of market, you should maintain some qualities.  If you implement those qualities in your trading, no one can stop you to become successful trader. Patience: Patience plays key role in trading.  “Don’t search for the opportunities, let the opportunities to come”.  It is not that you have to trade ...

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Advantages of Forex

Advantages of Trading Forex: As a Trader, one can find so many reasons and advantages in Foreign Exchange Market. 1. 24 Hour Market: Since the Forex Market is world-wide, trading continues as long as there is a market somewhere in the world.  Trading starts when market opens in Australia on Monday and ends after market close in US on Friday. ...

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