Durable Goods Orders Durable Goods Orders (DGO) is an indicator of orders placed for relatively long lasting goods. Durable goods are expected to last more than three years, e.g.: cars, furniture, appliances, etc...
Learn from the professionals how to apply Market Profile charting techniques to the intraday futures markets in this webinar...
Two more gap trades I made before the markets closed on Friday. Anyways, the general direction is bearish for both GBPUSD and EURJPY. Let's start off with GBPUSD. The sell off started on Friday actually. Judging by the hourly time frame, the second last hour was still considered a range trade...
Here are 10 reasons why forex investing is an important part of any portfolio. 1. Diversification Despite the low 0.12% rate of return that many money market funds provide, cash has remained the center of the universe for many investors who seek the security of the dollar. 2...
A Muslim woman covers the yellow star of her Jewish neighbour with her veil to protect her from prosecution. Sarajevo, former Yugoslavia. [1941]: 18 year old French Résistance fighter, Simone Segouin, during the liberation of Paris...
Most Important Thing Than can be Handle by an Expert Advisor 95% traders are fails, not by good strategies, but because of lack in money management and psychology...
There are a bunch of ways to get good information about markets. Some of them like getting a Bloomberg terminal. The other way is Twitter. It's become a place where even the biggest names on Wall Street go to get a word...
How to use Aroon indicator The indicator was developed by Tushar Chande. The Aroon indicator is used to determine if a trading instrument is trending or not. It is also used to indicate how strong the trend is...
There are two main types of brokers: Dealing Desks (DD) and No Dealing Desks (NDD...
If you're wondering how to trade this pair, wonder no further. GBPUSD has been very choppy lately. While we are expecting GBPUSD to be in a rather bearish position, the choppiness of the market may be confusing your entry...
PPI is Producer Price Index. PPI comes out the second week of each month. Forex traders can use PPI as leading indicator to forecast the Consumer Price Index (CPI) value In the 50’s gasoline was $0.27, apartment rent was $42/month and a movie ticket was $0.48...
This is very short video of 3 minutes 17 seconds: Why Watching the News Can Hurt Your Trading by Alexander Elder - trader and author, explains why he feels business TV can be detrimental to one's trading and believes standing aside can sometimes be the best approach. About Dr...
In a post I made recently, I talked about a gap down on one of the US Dollar pairs despite a stronger dollar. This post is a confirmation that the weaker opening was confirmed...
Copy Trader The general idea of our groundbreaking Copy Trader tool is pretty simple: choose the trader you want to copy, choose the amount you want to copy them with, and watch your account copy their trades automatically...
What Is Social Trading? Social trading is the newest, most exciting and most rewarding way for you to get access to the financial markets...
What Is Social Trading ? Social trading is the newest, most exciting and most rewarding way for you to get access to the financial markets...
The momentum indicator uses equations to calculate the line of plotting. Momentum measures the velocity with which price changes. This is calculated as the difference between the current price candlestick and the average price of a selected number of price bars ago...
From time to time, the FX market will create a trending market environment, perhaps as the result of a disparity in interest rates among the two currencies within the pair traded...
Developed by Tushar Chande The Chande Momentum Oscillator Indicator measures momentum of a currency pair. This Indicator uses a scale ranging between +100 and -100 thus allowing the trader to clearly see changes in net momentum using the 0 level mark as a balance point...
Sometimes, I don't understand why a trader could be convinced of not having a Stop Loss while we see almost every month an unexpected uncounted impulse (I would call it Best of the Test for whom with less of the rest) in the market...
