Forexman

Retrain from the office worker or a design engineer in the Trader did not like that lazy, or simply an inveterate pessimist. Everyone who at least briefly studied the history of the currency market, its tradition, the specifics of the statistics and yield some traders thought, if he does not change its substantive work on the FX market. And, I must say that many of the individual with the command character rightly make their choice in favor of the foreign exchange market, which is not spared. I personally know these people. More »

Divergence … Correct, hidden. This is a great tool and most importantly, it works. And works on all 100%. I think that would long ago have ruined, if it were not for this indicator. Such comments often enough you can see on the forums traders. Today I will try to bring some clarity and to show that the divergence - this is really the best indicator forex, which I know. More »

In a previous article I focused on the fact that there are two reasons for technical analysis forex does not work. The first - when the newcomers are beginning to change from one strategy uncontrollably on the other, not trying to dwell on one thing. Second - when using forex technical analysis by itself, without embedding it in a trading strategy. I believe that these two components are complementary, because you’ll first need to dwell on any one indicator, and then begin to build on the basis of its trading strategy. More »

Technical analysis is one of the most effective tools for forecasting developments in the foreign exchange market. The essence of technical analysis is the assumption that the current price action is a repetition of historical data. That is to say that history repeats itself. The essence of the trade on the basis of this type of analysis of the Forex is to conduct mathematical calculations and the construction of geometric figures that explain what is happening in the market. These geometrical figures can be: reversal patterns and continuation of the trend, the figures on which it can be concluded that it would be a breakthrough, etc. More »

Forex Scalping - is trading at small time intervals, whose aim is to obtain a small profit around 10-15 points. Typically, such a trade lasts about 10-15 minutes. The majority believes that this method is inherent in trading for beginners who want to quickly make a lot of money. This is true. But note that not all beginners can successfully trade through Forex scalping. Favorite intervals scalpers - 1-10 minute charts. More »

Influence of central banks of various countries on the situation on the currency Forex market is indisputable. All of them are in their own right and act in their interests. And if you are the driving force behind market assessment is fundamental analysis, Forex, you should definitely hold more detailed information on each of the banks. Economic rate of various States is forcing banks to operate within the framework defined national policy. And in order to influence the state of affairs in the foreign exchange market requires a large capital. More »

All future traders with «childhood» accustom to the fact that it is necessary to defend their positions. About this firm in every textbook about Forex. Any tactics Forex involves the use of protective orders. So after all the trade a red thread runs obsessive Board: «Use of protective orders!» I know many people who practice the trade without the use of protective orders, but I must say that sooner or later these people will lose their money. Not to say that the root cause of this loss was non-use of protective orders, but the lack of protection still played a destructive role. More »

In a previous article, which was called «Everything you wanted to know about foreign exchange intervention», we examined the concept, types of foreign exchange intervention, and the effects of the intervention. Today, we once again touch on fundamental analysis of Forex and touch on some of the problems that are common to all types of foreign exchange intervention. More »

If you have to assess and predict the foreign exchange market using fundamental analysis, Forex, you probably already heard such a thing as intervention. This mechanism allows the central banks to keep abreast of the national economy. However, for individual traders are forex currency transactions play a vital role, as their currency basket could include just the currency, which try to influence central banks.

Currency intervention - it is buying or selling currencies in the Forex market. There are two features. First, the operation is performed by the central bank of the country. Secondly, in such transactions involving huge amounts of money that could «shake» Forex market. The purpose of the intervention - to raise or lower the value of national currency. More »

Tell me how you define support and resistance levels? Modalities are many, and they are all on their own effective. In addition to the simple way «to the eye», there are various indicators for Forex, with which you can greatly simplify the task of determining levels of support or resistance. One of these indicators is an indicator of reversal points Forex - Pivot. More »