tag:blogger.com,1999:blog-280606822012-02-02T04:47:27.194-08:00Welcome to exciting world of Online Forex day Trading. Use this site to learn Forex day trading and systems and if you want, you can trade alongside me.Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.comBlogger1481100tag:blogger.com,1999:blog-28060682.post-60729704118720581012011-10-09T01:46:00.000-07:002011-10-09T01:54:23.385-07:00

Forex World Class Trading Stars is a new Forex Trading course all about to be released shortly. I know people are talking about this course . People are speculating all kinds of things about this Forex Trading course.Well, not many people know what this course is all about. I'll tell a few things right now like the course is a DVD based course & includes 5 forex trading systems. Now these systems

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-2113460585674879202011-09-22T22:37:00.000-07:002011-09-22T22:50:11.635-07:00

Forex Profit Accelerator Trade Alert Software - Nice long name..isn't it? Along with having a longish kind of name, it is also a long course since FPA includes 4 trading strategies.Now, you must be aware that Forex Profit Accelerator is a course from Bill Poulos who is a veteran trade.Here is what the course includes - Close to 7 CD-ROM video tutorials - These videos will explain all the trading

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-49792224475992865012011-03-16T21:29:00.000-07:002011-03-16T21:38:52.020-07:00

Portfolio Prophet ReviewPortfolio Prophet is full fledged ETF trading course. As you know diversification is very essential in trading. If you are just in forex, you must consider investing in another market like ETF or bonds or stocks.Portfolio Prophet course contains detailed strategy on ETF trading as well as alert software. Bill Poulus has done a very thorough job in creating this course. I

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-18242349582527698562010-08-27T11:59:00.000-07:002010-08-27T12:05:32.537-07:00

Forex Bulletproof ReviewAllright you must have already heard about Forex Bulletproof by now. It is a new expert advisor from the team of Fap Turbo and Forex KillerSince their previous expert advisors have worked so well, I am guessing this one will be an amazing forex robot too.Though I haven't seen it in action, I have heard the software has been profitable in last 6 years which is really

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-50341467774931414282010-04-21T10:53:00.000-07:002010-04-21T11:00:21.291-07:00

Delphi Scalper BonusI just posted details of my $691 Delphi Scalper bonus. Click on the above link to get the details.In this bonus package I am sharing some stuff that I haven't shared with anyone before! And now also, I am giving this bonus package to only 1st 25 Delphi Scalper buyers who'll use my link!As you must have known Jason Fielder's Delphi Scalper will help traders in making money

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-73558859481425349572010-04-16T07:37:00.000-07:002010-04-16T08:02:23.821-07:00

Delphi Scalper, Jason Fielder's Scalping software is something to help you scalp better. The latest update I got was that Jason is sharing some important concepts on scalping through some video.The concepts shared are pretty important like what are the rules to delvelop a high probability scalping system or why technical filters alone are not enough. He is sharing these concepts in the prelaunch

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-85780863086377335102010-04-06T22:03:00.000-07:002010-04-06T22:11:39.940-07:00

Delphi Scalper is a new product from Jason Fielder. This looks to be an expert advisor for Scalping in forex markets.Typically the forex products from Jason Fielder are good..for example his triad trading formula or Correlation code.I am assuming Delphi Scalper is going to be very nice as well. I am currently in process of going through it to understand what does is forex EA does and what can I

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-20140892152626697192009-11-30T22:57:00.000-08:002009-11-30T23:07:13.849-08:00

Bill Poulos' and his Forex Income Engine 2.0 team is currently offering a free video that covers a lot of nice content such as some retracement tricks, how to increase the profits from trades and a lot of other content.I just made a blogpage for Forex Income Engine 2.0 Review.Click on the link to find out what is being offered in the free Video from Forex Income Engine 2.0 Team.

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-25521804179536029792009-11-18T10:38:00.001-08:002009-11-18T10:51:17.872-08:00

Forex Swing Trading systems lasts for few hours to sometime few days. Their accuracy is typically high since such systems are based on trading on 1 hr time frame or higher where technical indicators respond very well.A good swing trading system in forex always include -1. A primary indicator which tells if a valid trade setup is about to happen or not2. A confirming indicator to confirm if the

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-69753703499682444342009-05-24T12:01:00.000-07:002009-05-24T12:11:55.750-07:00

Forex Candlesticks are one of the most popular technical indicators in the forex market. I am a big fan of candlesticks.When used correctly, candles can help you precisely understand what can happen next so you can decide whether you want to open a trade or you want to exit an open trade.I have seen a lot of trades that I should have closed early, but I just ignored the warning signs given by the

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-61815180330073443742009-05-18T05:41:00.000-07:002009-05-18T05:57:48.490-07:00

LMT Forex Formula Review - Have your heard about this new product from Dean Saunders? If not, let me tell you more about it -1. It is a system to trade on daily time frame - and so its accuracy is very high. The reason being the higher the timeframe, the more reliable and more accurate the trading signals are. I mean, have you noticed how much whipshaw is on a 5 min chart and how reliable are

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-26914823726044412492009-05-10T19:27:00.001-07:002009-05-10T19:44:13.507-07:00

Forex Nitty Gritty Review - This is a new product from Bill and Gregg Poulous. Bill is a known and experienced trader who always comes up with top notch products. This one also is ana amzing product.But unlike his previous products, this one is pretty cheap, but still is of high quality.Let me 1st tell you what all is included in Forex Nitty Gritty -1. Step by step forex trading videos that

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-43541388805459408732009-02-13T04:48:00.000-08:002009-02-13T05:12:21.935-08:00

People struggle in Forex Trading! Thats a cold fact for 90% of traders in forex market. They struggle in making a single profitable trade, let alone making a good living. For most of the forex traders, the problem is not that they don't have commitment or money to spare. The problem is that they receive the systems from wrong hands(with that I mean fake Gurus)When you are going to get a system

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com9tag:blogger.com,1999:blog-28060682.post-6488556760684929302009-02-08T08:25:00.000-08:002009-02-08T09:19:42.859-08:00

Forex Trading is about using trading strategy that is time tested and is easy to use. Not only should it be easy to understand, it should be easy to use as well.But the thing that is missing in most of the products in the market is that they don't work or they are incomplete. They leave too many questions unanswered.But there is something incredible coming in form of Forex Profit FarmA detailed

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com2tag:blogger.com,1999:blog-28060682.post-38354197273817669922008-12-10T19:24:00.000-08:002008-12-10T19:30:36.043-08:00

Forex Income Engine - Lot of you are asking me details of the bonus package that I mentioned about in my previous post.Well, I have put up a video that covers the details of these bonuses. You can check out the video at by Clicking here -Forex Income Engine BonusSome of these bonuses are available only in fixed quantities. A lot of people have already taken advantage of this offer. I am sorry

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com3tag:blogger.com,1999:blog-28060682.post-51335141473027616052008-12-02T08:27:00.001-08:002008-12-02T08:43:45.265-08:00

Forex Income Engine is a trading course from Bill and Greg. I had a chance to look at their course and let me tell you it amazing. It covers all the important aspects of forex trading such as Fundamentals as well as a trading stratey which is heavily accurate.It also covers in depth about the important topic of Money management. I m a big supporter of money management.This course is very

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-38621442326283957232008-09-30T08:40:00.000-07:002008-09-30T08:59:26.131-07:00

Forex Autocash Robot is a new Expert Advisors. I am finding that a lot of experts are saying good words about it. Infact there is a website that is having a Forex Autocash Robot Review and an offer.The most talked about point is that this software has not lost a single trade in last 8 years 8 months. This is really amazing. I haven't seen or heard any software that has got 100% of winning trades

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com6tag:blogger.com,1999:blog-28060682.post-41060933381431066052008-09-11T21:28:00.000-07:002008-09-11T21:49:33.276-07:00

Forex Success Formula is OutHello everyone..My forex Trading Course is out!! It was launched yesterday and since the launch, the sales are really going well. The reviews of Forex Success Formula are very positiveWhy is that? Thats Because -1. This course contains an amazing swing trading strategy. As you all know I am a big advocate of swing trading. This strategy is really very effective and is

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-83892011072127564982008-08-21T14:45:00.000-07:002008-08-21T15:40:01.340-07:00

Forex Success FormulaThe much anticipated forex trading course is about to come. I know you guys have been waiting for this come for quite a while.Forex Success Formula is arriving on 4-Sep-08.Let me tell you something about this course. It is a multimedia course that not only contains a fabulous trading system that makes money consistently day after day, but it is much more than that. It covers

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-75458529538002099262008-08-03T21:53:00.000-07:002008-08-03T22:10:41.969-07:00

Updates on my Forex Trading CourseHey There, do you remember that I mentioned quite a while back that I am going to create my forex trading course?Well, I am glad to tell you that it will come out in the market very soon..sometime this month. I am really busy with that as there will be so much content in it and thats the reason I have not been able to post on this blog very often for past few

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com3tag:blogger.com,1999:blog-28060682.post-70056410342637666502008-06-24T05:20:00.000-07:002008-06-24T19:12:06.553-07:00

Forex Annihilation ReviewAs I mentioned in my last message that I am going to use ForexAnnihilation to find out more about this forex trading software.I received a preview copy of this forex trading software just few days back. Its a little software that runs on Metatrader. Due to this, this software is not large in size and doesn't uses much of the memory.I went through the instructions to

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com3tag:blogger.com,1999:blog-28060682.post-11688082884726562482008-06-22T20:26:00.000-07:002008-06-22T20:43:16.054-07:00

Forex Ace - Over last few days I have placed 7-8 trades using Forexace system. Most of these were on EUR/USD currency pair. Rest on GBP/USDSome of you have contacted me to share my experience with Forex Ace.Out of the 8 trades I placed 5 were profitable in the range of 70-75 pips on average. The remaining trades ended in the loss.In all its a good system.Now some of you have been asking about if

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-39058907991810846572008-05-23T21:51:00.001-07:002008-05-23T21:59:38.828-07:00

Forex Ace Review -I made a trade today using ForexAce on GBP/USD currency pair. Since it is a mechanical trading system, it was very easy to understand and use.My trade was open for 3.5 hrs and it closed with a profit of 56 pips.However I would like to place few more trades before I'll recommend it.But if you are thinking of buying it, please feel free to buy through my link. I'll give you the

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com4tag:blogger.com,1999:blog-28060682.post-18247732734387866382008-05-22T21:14:00.000-07:002008-05-22T21:24:07.146-07:00

I made a mistake..No its not in any Forex Trade.Remember, in my last message, I mentioned that I am going a free ebook to anyone that buys Forex Assassin through my link? Well..They all got this ebook for free. This ebook contains a very amazing strategy that makes me more than 100 pips each week.But, then I remembered that I haven't given this ebook for free to people who bought my other

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-73310910533904010252008-03-27T18:03:00.000-07:002008-03-29T08:42:22.419-07:00

If you are a Forex Assassin system buyer and if you bought it through my link, then you should have received another email yesterday. Please check your email account that you used to buy the system. In my latest email, you should have received instructions on how you can get the access to the strategy using which I generate about 150 pips each week.Most of the people who followed the instructions

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-42117257580312808352008-03-19T09:43:00.000-07:002008-03-19T09:54:56.379-07:00

Forex Assassin - If you bought this system through my link, please read this.1st of all I must Thank you to buy it through my link. You must have already received an email from me. Incase you haven't checked our email, please do so. Incase you haven't received mail yet, either check your spam folder or you'll receive one today.Please don't forget to add my id to your address book as this will

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-15814360862335377352008-03-15T20:23:00.000-07:002008-03-15T20:52:52.439-07:00

Yes, you read it right. Price of Forex assassin just got increased. It got increased from $77 to $97. I guess thats because Forex Assassin has become so popular.But this Price increase is good for you.You must be thinking what am I talking? How is this good?There are 2 reasons, why I am thinking its good -1. It really proves that the system works, is reliable and is receiving very good reviews.

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-13252888321729462612008-03-14T14:33:00.000-07:002008-03-14T17:06:56.971-07:00

I bought Forex Assassin system yesterday since It was recommended to me by a forex expert who I know is very reputed. Along with that what made me curious was the claim that this system will require only few min per week to identify and placing a forex trade.So yesterday I bought it & started going through it to understand strategy. I was also looking at which currency pair does it works for. I

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com3tag:blogger.com,1999:blog-28060682.post-33843710636844553322008-03-13T07:30:00.000-07:002008-03-13T08:02:21.854-07:00

Forex Assassin - Have you heard of this forex trading system?I received a newsletter yesterday from a forex trading expert who recommended a new trading course called Forex Assassin. I went to the website of this product. The site mentions that this strategy can be used by anyone, even by people with no experience. Also it mentions that you don't need more than a minute per week to analyse the

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-76439026297632208492007-12-11T11:15:00.000-08:002007-12-11T11:29:12.421-08:00

Forex Day Trading System - Does Oil Prices effect Forex market?Yes, they truely do..Oil price has good, if not strong, coorelation with the currency pair movement. The movement of oil price in any direction is due to the demand and supply. If the demand of oil is more, the price will increase else otherwise. Since, USA is not a producer of oil, increase in demand will essentially mean that USA

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com7tag:blogger.com,1999:blog-28060682.post-32235203955950667922007-11-18T20:44:00.000-08:002007-11-18T21:01:12.147-08:00

Thanks to all of you who have joined my list and shown an interest in reviewing my currency trading course which will be launched quite soon. Remember the course contains a lot of interesting material and will have excellent strategies. So I need all the joinees of my list who will be selected to review this course to maintain confidentiality.Very soon all of you will receive an email from me

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com2tag:blogger.com,1999:blog-28060682.post-29240284097699483492007-11-07T19:12:00.000-08:002007-11-07T19:34:26.377-08:00

Forex Day Trading System- Important Announcement!!I have an important announcement to make..Infact I need your help. As you know I told you in some of my previous posts that I am going to launch a new Forex Trading course. It is an ebook which contains great strategies. Not only are these strategies very effective, they are very easy to use as well.This course is currently getting prepared.

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-5886605493224742402007-10-29T11:24:00.000-07:002007-10-29T11:44:37.858-07:00

Forex Day Trading System - Where will the anti USD rally End?USD is taking some serious pounding from all the majors where EUR, GBP, JPY and CHF are prominent.Though this is good for export and helps to get more foreign exchange, in a way it will keep inflation high.Now, the biggest question that comes is how can you take advantage of this rally? To make some gains in this rally, what you have to

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-65356995772157555272007-10-10T12:55:00.000-07:002007-10-10T13:20:38.481-07:00

Forex Day Trading System - Answers to your trading questionsQuite a few of you ask me some questions on trading the market better. Most of these questions are to find out which forex currency pair to trade and how to identify the entry and exit points. Few of the questions are on money management also.I'll try to answer few of these -Q - How should I identify the entry point when trading GBP/USD

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-87535075644452840342007-09-30T22:30:00.000-07:002007-10-01T14:25:30.594-07:00

Forex Day Trading System - Exciting Info!!There are quite a few exciting infos that I have to share.First, my blog has reached 600 subscribers in the RSS feed list..Thanks to all of you for making it such a popular blog site..Keep visiting and I'll share lot of other useful information also on the world of forex trading.Next exciting news is that I am in middle of creating a forex trading course

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com2tag:blogger.com,1999:blog-28060682.post-70277846913038148252007-09-18T18:53:00.000-07:002007-09-18T19:02:27.962-07:00

Forex Day Trading - FOMC Rate decision push to marketToday the FOMC meeting was scheduled and the fx market was speculating about the rate interest decision from the meeting as that will have direct impact on $$ based currency pairs.If the interest rates go up AS PER EXPECTATION then its USD bullish and which means USD will get stronger and will cause EUR/USD, GBP/USD and other pairs to

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-90895266513224862452007-09-04T12:22:00.000-07:002007-09-06T14:30:40.534-07:00

Forex Day Trading system - The market trigger called NFPCurrently the forex market is range trading..Its not trending at all. Thats what happens when a fundamental announcement is about to come out. If the fundemental news is not big, the range bound movement may happen on the 15 min chart. However if the fundamental announcement is as big as NFP (Non farm payroll), then the range bound movemet

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com2tag:blogger.com,1999:blog-28060682.post-39711373772162876972007-08-29T16:11:00.000-07:002007-08-29T16:48:02.664-07:00

Forex day trading - Range of any currency pair.After a currency pair has been in a trend for while, it stops for a while and starts range trading. This is applicable for all time frames be it daily, weekly, 15 min or 1 hr or even 5min. Once the currency pair has caught the breath, it starts trending again. The trend can be any direction, however the forex pair mostly goes as per the elliott

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com2tag:blogger.com,1999:blog-28060682.post-33942258924410582432007-08-25T09:08:00.000-07:002007-08-25T09:20:40.595-07:00

Forex day trading - How do you decide the stop loss?The importance of a stop loss when placing a trade, is very evident. One will not want the entire account balance to come to zero which can happen if stop loss is not in place.But how do you decide a stop loss? Should it be anything?? Are there any factors that decide the stop loss?There absolutely are the factors -1. Foremost is how much can

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-22420441705003141422007-08-17T17:49:00.000-07:002007-08-17T18:08:17.523-07:00

Forex Day Trading - Pounding by USD on all the currency pairsDid you notice what happenned to forex market in last 4-5 days? Yes..The big USD has hit back on all the currencies..No exceptions (There is one - JPY).EUR/USD dropped by 350 pints, GBP/USD dropped by 450 and so on and so forth. This was an excellent opportunity to make some great forex pips. I placed trade on EUR/USD and made 155 pips.

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-11300166375672199362007-08-03T17:05:00.000-07:002007-08-03T23:20:34.314-07:00

NFP today impacted the EUR/USDToday Non Farm Payroll were announced. As always it caused some ripples in the market and that set the market in motion. EUR/USD especially broke out of the range which it was in for last 2 days.If you llok at today's NFP announcement, it led to a partial bullish candle on 1 hr chart. After the candle closed at 9 AM EST, the next candle closed outside the highest of

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-91607651468586172772007-07-22T08:54:00.000-07:002007-07-22T10:04:41.379-07:00

An amazing Forex Trading System at stunning price!!!!!!!Anyone who trades forex or options or commodities or anything, knows the importance of a trading system. The system not only has to be good and easy to understand, but should also be reliable under any market conditions. Thats what Adam Burgoyne's 5EMAs forex trading system does.1. The system goes excellent entry points and exit points 2. It

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-65555952623301099442007-07-13T18:28:00.000-07:002007-07-13T18:42:24.787-07:00

Forex Day Trading system - Major top in the EUR/USDI am watching this currency pair for past 2 days..I am finding that a major top is in place..Thats why even if my trading system is saying that go long, I am not. If you notice, the current level of EUR/USD is offerring a major resistance. The pair has been rejected multiple times from that level..I'll do either of the below two -1. Go long only

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-49814921469008300192007-07-09T19:57:00.000-07:002007-07-09T20:15:04.086-07:00

Forex Day trading system : Major bottom in USD/CADThe currency pair of USD/CAD is showing major resistance at the present levels. 1st there was a very bullish candlestic on a 1 hr chart last week and now today the forex pair bounced up again from that level.What does this mean? This means that currency pair bounced from a level, tested it again and then bounced again. Remember it didn't stabalize

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-5858686295261977852007-07-04T10:52:00.000-07:002007-07-04T21:53:39.571-07:00

Forex Day Trading : USD/CAD looking more and more bearishAs you know, the fundamentals have a lot of impact on how the currency pairs behave. One of the common fundamental indicators that drive the USD is the oil price. Yes, since the oil and gas is consumed very heavily in USA, it has direct impact on the American inflation and so on the bank rates.However, the price of gas impacts the USD/CAD

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-31402841782282248682007-07-01T08:17:00.000-07:002007-07-01T09:08:28.080-07:00

Forex Day Trading System - GBP/USD is all about going longThe GBP/USD after a 2 month retracement is back to long ways again..It has broken the 2.0000 barrier once again. It briefly retraced on past wednesday and thursday, but on friday it zoomed up just like EUR/USD. The technical indicators were perfectly lined up. I used the system specified by Adam Burgoyne in the forex trading system that he

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-20251396116836179232007-06-17T21:04:00.000-07:002007-06-17T21:13:09.023-07:00

Forex Day Trading system - Importance of an oscillator such as Stochastic Lot of people try to place trade using a lot of indicators. Well the more the indicators, the less the number of forex trades one can place since one will wait for all the indiactors to line up which will not happen too often. More than that it also confuses matter. According to me use of 2-3 technical indicators tops is

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-77470093920792385862007-06-13T05:41:00.000-07:002007-06-13T05:58:48.347-07:00

A key point to fit in your forex trading system -I was reading an ebook on Forex Trading the other day. It was full of trading strategies. Ofcourse not all strategies fit trading style of everyone. Some are for forex day trading and some for swing trading.However there is one point that caught my attention on money management - "Never let a profitable situation end in a loss" This means that if

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.comtag:blogger.com,1999:blog-28060682.post-45294338882485622192007-06-10T02:33:00.000-07:002007-06-10T02:48:47.693-07:00

EUR/USD still looking bearish - More pounding to come from $$The EUR/USD has just now broken a trend support line on daily chart. The ideal way to trade now will be to use your forex trading systems of fibonacci retracements. Identify the next target the USD can go to on the daily chart and then identify the entry and exit points on the 1 hr chart if you do currency swing trading, or 15 min chart

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-58560905382005593932007-06-09T04:10:00.000-07:002007-06-09T04:36:19.657-07:00

A landmark post - USD in massive gains There are 2 points I am trying to cover in this message. The 1st is personnal .. Here it is -This is the 100 th post on this forex trading blog.. Yes, the overall count has reached triple digits. It started as a small journey with a quick introduction. Now it is a blog where people come regularly to get updates about happenning in Forex market from an angle

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-11896190546546368282007-06-02T20:38:00.000-07:002007-06-02T21:16:20.341-07:00

Famous and reliable resources to learn Forex Trading -Thanks for visiting my site again. As I was mentioning in my last post, this post is about relaible resources for learning currency trading. Without learning from the great resources if you start trading, let me tell you that it is as good as seeing money go down the drain. So, choice of a good resource ( an ebook, or a video course, a paid

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-35395852458479534092007-06-01T03:08:00.000-07:002007-06-01T03:26:34.966-07:00

Top Sources to learn forex trading onlineSorry for posting after quite a while..I was working on something which I'll share with you within next few messages. Its kind of nice new thing. People generally tend to ask me how should they learn about trading forex. This is a very common question. With so much information flowing on internet and significant amount of it being scan, its not difficult

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-48687588521116876742007-05-22T21:35:00.000-07:002007-05-22T21:52:30.787-07:00

Here are some interesting facts on "The Forex Trading Blog" -As I mentioned in my previous post, it took more than 5 days infact 7 days to be precise for the 1st visitor to visit this site since I started it on 13-May-06. However once it started, there is constant increase in the readership. The most popular post that is read again and again on this site is the one in which I mentioned the ebook

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-68032401129562073032007-05-19T10:31:00.000-07:002007-05-19T10:49:41.024-07:00

This Forex Trading Blog!!Hello Everyone..It is a great feeling to tell you that your favourite blog has completed one year of running on 13-May-07.Yes, on 13-May-06 I launched this blog and it took 7 days for the 1st visitor to visit this site. Today there are close to 200 visitors that come to this site on daily basis to learn more or share there experience about forex trading. More than 175

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-19883329595436638392007-05-06T20:31:00.000-07:002007-05-06T20:37:46.700-07:00

Forex Trading - Something Exciting in May 2007There is something exciting in May 2007.. I am happy to tell you about it.What is it? You will come to know very soon..Can you guess it? If yes, feel free to drop your comments..A new week has started..Now also the forex trading market temporarily is looking USD bullish..The EUR/USD currency pair looks to be at the major resistance level.. If it

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com3tag:blogger.com,1999:blog-28060682.post-10134970596940709632007-05-03T19:05:00.000-07:002007-05-03T19:13:52.594-07:00

Major currency pairs are showing the reversal pattern -GBP/USD, EUR/USD, AUD/USD, USD/CHF, NZD/USD all are showing major reversal patterns after an extended run...The GBP/USD after this extensive run where it broke above 2.0000 barrier is now heading down.. Considering that its a great time to go short or pro USD.Use a forex trading system and identify an entry bpoint to go short.. There are

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-86849917289563293852007-04-28T18:33:00.000-07:002007-04-28T20:56:31.806-07:00

Importance of Fundamental announcements in currency trading market - Just like a space craft going to be launched requires a fire thrust to launch into air, the same way the forex trading market requires the fuel of fundamental news and announcement. Many of the times you must have seen that market is range trading meas the currency pair price is bouncing between a support and resistance line..

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-37736878800101000202007-04-23T22:00:00.000-07:002007-04-23T22:32:33.357-07:00

You asked on Peter Bain Pivot points forex course and I am answering it -Since the time I recommended Peter Bain's forex mentor trading course, few of you have come back to me with a common question - "Is it worth an investement?"My answer will be "Yes!!! If and only if you like doing day trading." This essentially means that if you keep your trades open from few minutes to few hours and not

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com2tag:blogger.com,1999:blog-28060682.post-3194292817724206992007-04-21T08:46:00.000-07:002007-04-21T08:55:08.318-07:00

Forex Trading at its best when technical indicators work like they should -A trader of currency market gets a lot of pleasure when the technical indicator s/he has analysed works the way analysis said. So, when someone feels that the currency pair should bounce of a fibonacci level or should bounce from EMA, and if that happens, its terrific.The same happenned with AUD/USD. My analsis of this

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-33538168262936496372007-04-18T19:49:00.000-07:002007-04-18T20:17:21.085-07:00

Forex Trading using MACD - As I mentioned in one of my previous posts, MACD is one of the very powerful and widely used technical indicator. In fact it is one of the very common indicators used in most of the currency trading system. However, this indicator needs to be used very smartly. Thats because this is a lagging indicator, which means that it gives a trading confirmation after the event

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-31848884376243334562007-04-17T22:10:00.000-07:002007-04-17T22:22:07.152-07:00

Milestone in the currency market - No stopping for GBP Pound.Today the GBP/USD currency pair touched 2.0000 mark which means that 1 USD = 2 GBP.The expert team is not sure till when will this run of pound going to continue. When I look at the daily chart I find the currency pair to be in 5th Elliot wave which means that the run can stop any time. My guess is that it will run till 2.150 or where

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-75132919953618863482007-04-15T20:45:00.000-07:002007-04-15T21:02:08.351-07:00

The new trading week opens and so do the forex trader's trading station.Today is sunday and the Australian and JPY market are open and I am alreading seeing a lot activity by the currenc traders. Typically this time of the day the volatility is very less. Today its a bit high.The currency pair that is interesting me more is the GBP/USD. The currency pair is already making adouble top. To confirm

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-44835688423248542052007-04-12T21:52:00.000-07:002007-04-12T22:04:31.829-07:00

Placing the trades using Pivot Points - Apart from the common indicators such as EMA, RSI and Fibonacci, another technical indicator is very popular between trades which is pivot points. This technical indicator is mostly used for currency day trading. Point pointsare nothing but some pre-identified support and resistance levels which are something like mutually agreed between the traders in

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-52016447531586328622007-04-10T17:43:00.000-07:002007-04-10T18:21:40.988-07:00

Trading with EUR, GBP - The popular currency pairsEver thought which are the most popular currency pairs to trade? Yes, EUR/USD is the popular of all and generally has tightest of spreads which is 2-3 pips depending on the broker.The next is GBP/USD - the highly volatile and has spread of 4-5 pips. What follows is USD/CHF and USD/JPY. Generally have 4-5 pips spread.Remember the high the volatile

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com3tag:blogger.com,1999:blog-28060682.post-52086903143273771802007-04-09T23:38:00.000-07:002007-04-09T23:54:11.385-07:00

Forex Day Trading System : Resources for Forex ChartsIn one of my articles few days back, I mentioned the importance of reliable and realtime forex chart. Some of you have asked me few sources for them.The best source is the chart service that your broker provides. So, for e.g. since I use the plateform offerred by FXCM, I use the chart provided by them since my buy and sell price are reflected

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-41912091485829851472007-04-08T19:56:00.000-07:002007-04-08T20:12:31.451-07:00

Day trading the Forex: Zing is missing from the NFP announcementsSomehow that volatility for which Non farm payrolls and related fundamental news and announcements are famous, is missing.Yesterday's NFP was $ bullish and EUR/USD currency moved only 80 pips as against the typical movement of 100-140 pips..Is it because the NF payroll is not being treated as important by market anymore? This

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-57470400827597007952007-04-05T19:36:00.000-07:002007-04-05T19:52:33.274-07:00

Forex Day Trading System - Its that time of month againYes, its Non farm Payroll time..or popularly known as nfp..The hottest news of monthly forex calender. As like last month, I am going to try few forex strategies that learnt from Avi Frister's popular ebook. Also, I am going to try some more startegies that I am trying to develop on my own.For the last 2 months, I am finding that NFP is not

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-1795759297912266642007-03-31T23:59:00.000-07:002007-04-01T00:16:04.539-07:00

Forex Day Trading System : importance of correct forex charts to follow tradeI have observed that most of the traders and newbies generally tend to focus on the book to learn trading stratgies or systems and not focus on rest of the essentials. What they don't realize is that it doesn't matter if you have wheat in the house and not the utensils to cook it.Same goes with forex trading. Along with

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-2203438034076574662007-03-26T22:44:00.000-07:002007-03-26T22:58:05.656-07:00

Forex Day Trading system : Hitting of stop loss on my last tradeToday the EUR/USD market unexpectedly turned. Euro became stronger and the currency pair jumped about 100 pips in a span of 2 hours..As expected, it would have taken out the stops of all the forex traders that were short.That included me as well. My trade was short and was up 67 pips. My stop loss as 40 pips away. Since my stop loss

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-32499579980773609202007-03-25T07:55:00.000-07:002007-03-25T08:14:44.307-07:00

Forex Day Trading System : Another opportunity to trade EUR/USDI mentioned that my previous trade on this currency pair had me a profit of 53 pips..That was when I went long..After my trailing stop loss was hit, when I looked at the currency pair again on a daily chart, I found that the currency pair has hit a massive resistance..A kind of double top and the currency pair has started retracing..

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-11313328065959888702007-03-21T22:07:00.000-07:002007-03-21T22:33:25.440-07:00

Forex Day Trading System : My trade on EUR/USDIn my last post I mentioned that I opened a EUR/USD trade on a buy side at 1.3306 with target of 1.3345. I kept the stop at 1.3268..Currently I am 80 pips profit since the EUR bounced higher crossing the double top of 1.3345 resistance. Due to this, I closed on half of the position at 1.3345. This is a gauranteed 39 pips profit for me..The other I am

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-26161060195994910292007-03-19T05:51:00.000-07:002007-03-19T07:13:37.102-07:00

Forex Day Trading system - EUR/USD at important resistance areaThis currency pair is at a very high point as per the daily charts..So, it is at a very strong resistance area. If it breaks that, then the trading charts will show the forex market zoom.If the market is high on daily charts, one still has the chance to do forex day trading by being bullish since in that case you are looking for a

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-5361359551322965872007-03-11T18:10:00.000-07:002007-03-11T18:53:04.578-07:00

Forex Day Trading system: My results for the last NFP announcement.Few days back I mentioned in my post that I am going to trade Non Farm Payroll as a trial using Avi Frister 's system in Forex Trading Machine course..Along with that I thought of trying another forex strategy that I came to my mind few days back..Its more of a hedging technique.I cannot tell you the details about the strategy

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-55093050481273514802007-03-10T12:44:00.000-08:002007-03-10T12:55:39.698-08:00

Forex Day Trading System: the volatility when news break out People many times ask me why does the volitility increase significantly when a fundamental news announcement such as FOCM or NFP comes out?It may seem to be simple question for some of you, but I must tell you that it is very important for those who don't know.Volatility is driven by the number of people in the forex market to buy or

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-39697139187111610112007-03-08T22:05:00.000-08:002007-03-08T22:17:53.478-08:00

Forex Day Trading System - The most volatile time of the monthTomorrow is the most volatile time in a month of the currency trading market..Yes its Non Farm Payroll time.. I like the way the forex pairs jumps during this announcement..The candlesticks size is big, the technical indicators such as RSI, EMA or MACD etc don't make sense and all the analysis goes for a toss..Its really exciting..I

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-46120960716937839772007-03-06T20:30:00.000-08:002007-03-06T21:22:47.021-08:00

Forex Day Trading System - USD booms!!Anyone who is watching the currency trading charts must have realized that the USD is bullish the big time..And its bullish across the board with EUR, GBP, CHF, AUD, NZD everyone stumbling against Greenback retaliation..Except JPY!! Yes, Yen is giving bigtime pounding to the $$..Thats because the JPY is too much driven by the fundamentals..Thats the primary

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-73511715097762235132007-03-01T16:53:00.000-08:002007-03-01T17:00:10.516-08:00

Forex Day Trading System - NZD/USD broke outThats what trading currency is all about. A currency pair that is range trading or moving very slow is bound to break free from the shakles of support and resistance and then starts trending strongly..Its more like a runner who keeps running and reduces pace to catch some breeathe only to start running once again.I was watching NZD/USD for last 5 days

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com4tag:blogger.com,1999:blog-28060682.post-9867220881073671652007-02-25T10:24:00.000-08:002007-02-25T10:50:50.473-08:00

Forex day trading System - Catch a trend and ride on itOff late you must have seen that EUR/USD is in tight range bound condition. When that happens and if you are more of a trend trader, then its not an ideal forex trading market for you.Then should you stop trading? Or should you adapt to a differnt time zone?? You can do both.You can stop trading till market is ready to explode or you can

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-54475522639607489832007-02-20T21:21:00.000-08:002007-02-20T21:41:21.935-08:00

Forex Day Trading System - Not sure which indicators to use in the analysis?Its quite natural..With so many indicators in place, sometimes its overwelhming on which indicators to use..Remember, your technical indicators are to help you predict how the forex trading market will behave on the basis of how it has worked earlier..Somtimes it will work just as you predicted and sometimes the day

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-85974410081380882812007-02-18T13:49:00.000-08:002007-02-18T13:59:23.775-08:00

Forex Day Trading System - Some reliable technical charting techniquesOn Friday, I placed a trade on EUR/USD using one of the very reliable techniques - The double top. This technique is dependent on resistance lines..So if the currency price is bouncing of a particular level again and again, it initiates a formation of a charting pattern called Double Top or Triple top if forex price bounced of

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-56615311414988503202007-02-13T22:09:00.000-08:002007-02-13T22:18:22.264-08:00

Forex Day Trading system - An exciting trading setupIn my last message I mentioned that the Major currency pairs were about to go $$ bulish on which one of the readers asked as to go long or short. To go long and short depends on the currency pair you are dealing with. If you are dealing on GBP/USD then go short or if you are dealing on USD/CHF, then go long.The rationale behind this forex trade

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-1171258920743664742007-02-11T21:33:00.000-08:002007-02-11T21:42:00.763-08:00

Forex Day Trading System - USD looks stronger against EUR and GBPI am just glancing at the forex charts to see how the currency market is looking like. I am finding it to be strongly USD bullish on a daily chart.For E.g. GBP/USD is shwing a strong MACD divergence where currency pair made a double top high, however MACD didn't do so. Also, the MACD is having a bearish crossover. Similarly the RSI

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-1170513959266771562007-02-03T05:33:00.000-08:002007-02-04T08:23:17.670-08:00

Forex Day trading System - Yesterday's Non Farm Payroll (NFP) declarationYesterday one of the biggest fundamental news in a calendar month, the non farm payroll or as people call it NFP came out..Like I mentioned in my earlier posts, its one of the biggest since the average pips movement in 1st few min. of this news come out is between 100-150 pips..But, yesterday when I was watching the market

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-1170322945325136142007-02-01T01:29:00.000-08:002007-02-01T01:42:25.360-08:00

Forex Day Trading System - Importance of correct stopsOut of very limited % of traders who apply stop-loss when placing trade, majority don't knw how to apply stop losses..Majority place stop loss just for the sake of putting it..Stop losses are important to assure you against running steeply in your account balance incase the trade you made is running against you..For any trader its a very

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-1170204974125342552007-01-30T16:45:00.000-08:002007-01-30T16:56:14.156-08:00

Forex day Trading System - EUR/USD is looking bullishI was looking at the 1 hr chart today and it sooms that the EUR/USD is looking bullish.. Here are the reasons -1. On the larger trend (Daily chart), the currency pair seems to have made a double bottom.2. The support seems to be at 1.2900 levels which is a major supportg as well as 50% fibonacci level.3. So, the currency seems to be going up on

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-1170131715195941792007-01-29T19:11:00.000-08:002007-01-29T20:35:15.253-08:00

Forex day trading system - Its Non Farm Payroll Time againThis friday is 2-feb-2007 and guess what its NFP time again..One of the most volatile 15 min. in any particular forex calender month..The average pip move is in the range of 100-150 pips in just few min. when the news come out..No wonder its one of the most favourite time for some of the traders and for rest its about the time when they

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-1170039382824930042007-01-28T18:49:00.000-08:002007-01-28T18:56:22.826-08:00

Forex Day Trading System - Continuing on Money managementOne important point that I missed in yesterday's post is that trade with discipline..Which is about following the rules of your trade..If the technical indicator of your analysis such as EMA, RSI, fibonacci etc are saying to exit, then exit..Don't hold on to the trade thinking that it may yield more profit when indicators are saying that it

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-1169962005962568532007-01-27T20:48:00.001-08:002007-01-27T21:26:46.580-08:00

Forex Day Trading System - Money ManagementCharlie, one of very few people and a regular reader of my blog asked me a very important question, yet so frequently overlooked by novice traders. The question was "What do you mean by money management"??I am glad you asked..Money management is very important in any online business, let it be commodity trading or forex trading or options trading or

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com1tag:blogger.com,1999:blog-28060682.post-1168317430530488502007-01-08T20:30:00.000-08:002007-01-08T20:37:10.546-08:00

Forex day Trading System - Rally of USD against all majors and MinorsUSD dollar has rallied tremendously against the majors (EUR, GBP, CHF) and minors (AUD, NZD)..For AUD/USD it was due since the currency pair has been trading very near to weekly highs. I guess today will be a day for correction, essentially profit booking..The limit of correction can be 38.2 % fibinacci levels of USD rally. Then

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-1167111965838118772006-12-25T21:16:00.000-08:002006-12-25T21:46:05.870-08:00

Forex Day Trading System - The EUR strength against USD in past few daysThe major talking points in past few days has been the breaking of 1.3000 level ofEUR/USD..The USD has shown significant weakness across the board..However, now the currency is retracing, thanks to some pro $$ fundamental announcements such as "Phily Fed" speech, pro NFP (Non Farm Payroll) news..However, the experts are

Money Makerhttp://www.blogger.com/profile/10602861161671536602noreply@blogger.com0tag:blogger.com,1999:blog-28060682.post-1166938861927054802006-12-23T21:21:00.000-08:002006-12-23T21:41:01.943-08:00

Forex day trading system - Trading using EMA and bollinger bandsMany a times when you are trading you,ll observe that market keeps moving in tight range..The candles on 5 min chart become smaller and smaller..If you draw bollinger bands on the chart, they will become tighter and tighter..This generally happens between 6 PM EST to 12 PM EST as the volatility is very low..One can take advantage

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Forex day Trading System - Continuation of previous message..In the last post I mentioned that how did I lost in a trade because of fundamental announcement. The announcement broke at 8:30 AM EST and I made the trade at 8:15 EST. The fundamental announcement moved against me and the trade hit stop loss in 5 min..Now, further to that trade I observed that the currency pair of EUR/USD kept falling

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Forex day Trading System - My trade yesterday on EUR/USDLet me give you a summary of the trade I placed yesterday at 8:15 AM EST..Please note specifically the time. It was a swing trade which means that I placed the trade using 1 hr chart..My indicators were all lined up such as MACD, RSI, EMA (Exponential Moving Average)etc.. and Candlestick was bullish..So, here is what happenned - I placed the

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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..

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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

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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

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Forex Day Trading System - Another System for 1 min. chartAs always I have said that for 1 min chart, the technical indicators are not very reliable.. However this system is more cool than others and the indicators this sytem uses is more reliable than others..Lets go through the system -As I have mentioned earlier that use this system for a profit targets of 5-7 pips after subtracting the pip

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Forex Day trading System - More rules to followLets continue going through some more rules -1. Don't use too many technical indicators - Since day trading happens using 5 min, 15 min or 30 min charts, most of the technical indicators keep conflictng with each other and you may keep missing the trade..So, use only 1 or 2 indicators at the most such as EMA (Exponential moving Average, support

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Forex Day Trading System - Important Rules to keep in mindBefore we start going through another system, I think its important to learn the rules of the game. Thanks Charlie for asking this questionLets go through these points to keep in mind while day trading -1. Use the broker that offers you tightest of all spreads. On the majors (EUR/USD, USD/CHF, GBP/USD etc.) the spread offered by most of

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Forex day Trading System - Details on Parabolic SarYesterday we looked at a system which uses Parabolic SAR..Another useful technical indicator...Generally the indicator is used to place stop..Your charts will calculate the parabolic SAR for you automatically..You need to place the stop on the other side of the parabolic SAR..Once the currency pair starts trending, calculate the parabolic sar.

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