How to Read a Chart & Act Effectively
by Jimmy Young of EURUSDTrader
Introduction
This is a guide that tells you, in simple understandable language, how to choose the right charts, read them correctly, and act effectively in the market from what you see on them. Probably most of you have taken a course or studied the use of charts in the past. This should add to that knowledge.
Recommend... next >>
|
Choosing a Forex Broker
By Grace Cheng, Copyright Grace Cheng
As you may already know, foreign exchange (Forex/FX) is an unregulated market that is not traded on an exchange, which means that prices you see and get from one broker could vary from those of another broker. There are mainly two types of brokers. One type is an ECN (Electronic Communications Network) and another a Market-Maker.
... next >>
|
Goodman’s Swing Count System - by M. Duane Archer
Part One (of Three) - Introduction and Overview
"You Can Figure the Markets, but You Can’t Figure the Human Race"
-Charles B. Goodman
Historical Perspective
The Principles of Goodman’s Swing Count System were informally set forth in a series of annotated commodity charts from the late 1940’s to the early 1970’s. These tra... next >>
|
Flag, Pennant (Continuation)
Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a mid-point of the move.
Sharp Move: To be considered a continuation pattern, there should be evidence of a prior trend. Flags and pennants requi... next >>
|
Trend Lines
Technical analysis is built on the assumption that prices trend. Trend Lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. Many of the principles applicable to support and resistance levels can ... next >>
|
FOREX LESSONS
TRADING: A MIND GAME
BC?s WORDS OF WISDOM
TREND TRADING: Accumulation and Distribution
TECHNICALS and CHARTING
USING CROSSES AND GOLD
USING STOPS
USD/JPY HINTS
REACTING TO NEWS
FAIR VALUE
DIFFERENT CENTERS
A WORD FOR NEW TRADERS
QUIPS FROM BC
TRADING: A MIND GAME
You must change your mental attitude first from a normal person to that of a speculator. Almos... next >>
|