Forex Art of War is an introduction to Forex trading. I'll be sharing insights on the Forex market. I'll tell you what it is, its function in the world, and show you opportunity even Forex Traders don't know about.
...
USD pushes back a bit ahead of key data
MARKET RECAP Apr. 12 2013:By Saxo BankThe USD pushed back against the rest of the major currencies outside of the JPY (where another attempt at 100.00 was beaten back) ahead of key US Retail Sales and confidence data. I’ve discussed the drivers for the strength in EURUSD in recent days, suggesting that the main focus point here is the ECB’s “stand pat” stance relative to the on-going, open-ended QE in the US (with reduction of Fed asset...
How to Survive a Trading Loss
How to Survive a Trading Loss - by Dr. Gary DaytonLet’s face it, trading losses can be tough. No one likes losing money. As every trader will learn sooner or later, trading losses are a routine part of the game. Nevertheless, many traders find it difficult to accept inescapable trading losses.When We Can’t Accept A Loss . . .It is the ability to accept the occasional trading loss that can be a key factor in whether or not you become...
SMA H1 Trading System
Submit by Joy22 (Written by Johan Van Der Westhuizen)
Indicators - 80 SMA Lot Size - 8 Description The system works on a 1 hour time frame, when the market moves away fromthe SMA I will look to enter a trade towards the SMA. Chart Setup Add the 80 SMA (simple moving average) with a setting of shift 1, apply to: Median price (HL/2). I use this SMA with the1 hour time frame. System Rules Short Trades: 1. I look for a rapid, unsustainable...
Bella System Trading System
1. Open a 30 min chart EUR/USD. Insert RSI (14), Stochastic Oscillator (14,3,3)and EMAS 5 and 13. 2. We have to watch for a divergence between the price and the RSI or the Stochastic. This is very important, because sometimes we don´t see a divergence between the price and the RSI, but the Stochastic show divergence compare to the price, and viceversa. 3. Once we saw the divergence we have to wait for the cross of the EMAS to go long or...
