Search Result (14 Snaps)

Spread-To-Pip Potential: Which Pairs Are Worth Day Trading? | PL: 19  Category: General | Comments (0) 2010-06-23 07:58:49 Spread-To-Pip Potential: Which Pairs Are Worth Day Trading? Spreads play a significant factor in profitable forex trading. When we compare to the average spread to the average daily movement many interesting issues arise. Namely, some pairs are more advantageous to trade than others. Secondly, retail spreads are much harder to overcome in short-term trading than some may anticipate. Third, a 'larger' spread does not necessarily mean the pair is not as good for day trading when compared to some lower spread alternatives. Same goes for a...   Tags: Currency Pair, day trading, spread, base line   Member: John | 6 Snaps

How to Read a Chart & Act Effectively | PL: 16  Category: General | Comments (0) 2010-06-08 08:02:15 Natural size How to Read a Chart & Act Effectively 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. Recommendation There are several good charting packages available free. Netdania is what I use. Using charts effectively The default number of periods on these charts is...   Tags: charts, intraday trading, trade scenarios   Member: Nils, Stockholm | 1 Snaps

15 Major Day Trading Hints | PL: 17  Category: General | Comments (0) 2010-06-04 09:59:39 15 Major Day Trading Hints The reports of the society making immeasurable gains in stocks markets have been delivered in newspapers around the world.So the first timer investors have been attracted to the stock market. Day trading is one of the organizations gaining in demand with investors. But this day trading has full of risks. However you can make immeasurable gains in day trading,you are also expected to expend huge money.On the other hand, if you want to do day trading the following tips and guidelines are here to...   Tags: forex trading, forex strategies, day trading   Member: Maria | 9 Snaps

Learn To Grab The Right Opportunity Before Trading! | PL: 18  Category: General | Comments (0) 2010-04-30 08:00:53 Natural size Learn To Grab The Right Opportunity Before Trading! Day Trading has become a very popular way of making money from home. Trading is considered among many as the best online business. You can spend as little or as much time as you like trading on the markets. Nowadays with the power of leverage you don't need that much money to get started trading either. Unfortunately most people don't know where to start. Your day trading success depends entirely on the right trading knowledge and as much day trading experience you can get your hands...   Tags: day trading system, trading strategy, forex trading   Member: Terrance, NY | 8 Snaps

FXcast Easter Holiday Trading and Office Hours | PL: 23  Category: Brokers | Comments (0) 2010-04-01 12:34:33 Natural size FXcast Easter Holiday Trading and Office Hours Due to Easter Holidays around the world FXcast and Surplus Finance S.A. have reduced their office hours. Friday 2nd April and Monday 5th April 2010 are Bank Holidays in most countries Consequently, several departments at FXcast and Surplus Finance will be affected: Trading Platform : no change, market closes Friday and opens Sunday as usual. Client Services: : only by email durig Friday and Monday Back Office: : only by email durig Friday and Monday Office Hours : Office is closed...   Tags: fxcast, broker, forex, holidays, easter, trading time   Member: FXcast | 35 Snaps

Understanding Forex Rollover Credits And Debits | PL: 16  Category: General | Comments (0) 2010-03-29 08:13:11 Understanding Forex Rollover Credits And Debits Trades made with brokers in the spot foreign exchange (forex) market are subject to receiving interest or being debited interest if positions are held overnight. This is known as rollover interest. This article will explain why rollover occurs and how traders can profit (or understand the debits) from it. We'll also take a look at the tax considerations of rollover interest. What Is Rollover Interest? Rollover interest is paid or debited to traders who have open currency positions at...   Tags: Forex Rollover, Swap, rollover interest, day traders   Member: Belinda, capetown | 5 Snaps

Introduction and Oscillator Divergence | PL: 30  Category: Trading Signals | Comments (0) 2010-03-15 07:43:49 Natural size Introduction and Oscillator Divergence Technical analysis can be defined as the study of past price behavior in an effort to determine patterns and trends that are believed to be predictable of the future. At the core of this school of thought is the assumption that human behavior is repetitive in nature. We all recognize that, although human behavior patterns may have recurrent tendencies, they do not normally express themselves in the same exact, mechanical manner each time. Even with this qualification in mind, technical analysis...   Tags: oscillator divergence, technical analysis, intraday market, short-term price forecasts   Member: Robert, Australia | 10 Snaps

Day Trading Tips for Dummies | PL: 26  Category: General | Show All | Comments (0) 2010-03-10 10:17:49 Day Trading Tips for Dummies When primitive people have invented money, all they have in mind is to find some means to solidly show the actual exchange of goods or services between two persons or groups. Since then, any exchanges of goods have been centered on money, bearing the most tangible form of trade. As time pass by, trading has significantly evolved in different industries where money is not the primary agent. Trading becomes a profitable venture; and had created a remarkable spot in the economy. Today, there... 2010-03-10 10:17:49 Day Trading Tips for Dummies When primitive people have invented money, all they have in mind is to find some means to solidly show the actual exchange of goods or services between two persons or groups. Since then, any exchanges of goods have been centered on money, bearing the most tangible form of trade. As time pass by, trading has significantly evolved in different industries where money is not the primary agent. Trading becomes a profitable venture; and had created a remarkable spot in the economy. Today, there are many kinds of trading. Every type of trading depends on the kind of exchange that will take place. For instance, Forex or foreign exchange trading focused on foreign currencies. Among the many trading types, day trading has slowly etched a name in the industry. With its remarkable turn of profits, day trading has quite gained a good reputation. What is Day Trading? Day trading generally stands for the system of selling and buying financial tools such as bonds or stocks throughout the day. In other words, day trading is a series of material exchanges that all happens within the day. Hence, in day trading, every piece of stock bought has its corresponding sale. The profit or deficit is identified on the discrepancies between the goods and the trade price. The main concept of day trading is based on the premise that all of the transactions are carried out within the day to ensure that there are no changes on the current closing price. Changes usually take place overnight, where the preceding closing price will be changed depending on the result of the day's trading activities. Sounds easy? Guess again. Day trading may not sound complicated and may not even look perilous to one's financial status. However, trading experts say that more people tend to lose during the day trading. Statistical reports show that nearly 90% of day traders spend more money without gaining something in return. For this reason, it is important that every day trader should know how to deal with the matter intelligently. It takes some wits and quick thinking just to overcome any probable loss in day trading. Here are some day trading tips for dummies: 1. Chop down shortfalls quick The secret is to regain back what you have lost. Try to handle the situation positively and maneuver the condition to a constructive one. There is no use to cry over spilled milk. What you need to do is to reduce the losses with quick, sharp moves. 2. Go with the flow Like traffic, taking the counter flow is not advisable in day trading. It would be better if you will just go with the flow. This means that you have to focus on the high-selling stocks and sell those that fall under 'short-selling' stocks. This is based on the belief that the development of stocks will continue to rise. Luckily, 8 out of 10 day traders find this strategy effective. 3. Control your emotions Some day traders tend to be emotionally involved with their dealings. In reality, day trading can really create hype. Hence, emotional people tend to act on impulse. Any good news will immediately alert day traders to expect a positive turnover of stocks. Hence, if you are too emotional, you may get excited and act without even evaluating the situation. To avoid trouble, it would be better to control your emotions and analyze each condition first before making a move. If you lost, analyze the situation and identify where you have been wrong. Do not take your defeats seriously. Keep in mind that an open mind is important to overcome problems encountered in day trading. This will help you achieve the profits that you want. www.earnforex.com/articles/day-trading-tips-for-dummies 2010-03-10 10:15:00 Day Trading Tips for Dummies When primitive people have invented money, all they have in mind is to find some means to solidly show the actual exchange of goods or services between two persons or groups. Since then, any exchanges of goods have been centered on money, bearing the most tangible form of trade. As time pass by, trading has significantly evolved in different industries where money is not the primary agent. Trading becomes a profitable venture; and had created a remarkable spot in the economy. Today, there are many kinds of trading. Every type of trading depends on the kind of exchange that will take place. For instance, Forex or foreign exchange trading focused on foreign currencies. Among the many trading types, day trading has slowly etched a name in the industry. With its remarkable turn of profits, day trading has quite gained a good reputation. What is Day Trading? Day trading generally stands for the system of selling and buying financial tools such as bonds or stocks throughout the day. In other words, day trading is a series of material exchanges that all happens within the day. Hence, in day trading, every piece of stock bought has its corresponding sale. The profit or deficit is identified on the discrepancies between the goods and the trade price. The main concept of day trading is based on the premise that all of the transactions are carried out within the day to ensure that there are no changes on the current closing price. Changes usually take place overnight, where the preceding closing price will be changed depending on the result of the day's trading activities. Sounds easy? Guess again. Day trading may not sound complicated and may not even look perilous to one's financial status. However, trading experts say that more people tend to lose during the day trading. Statistical reports show that nearly 90% of day traders spend more money without gaining something in return. For this reason, it is important that every day trader should know how to deal with the matter intelligently. It takes some wits and quick thinking just to overcome any probable loss in day trading. Here are some day trading tips for dummies: 1. Chop down shortfalls quick The secret is to regain back what you have lost. Try to handle the situation positively and maneuver the condition to a constructive one. There is no use to cry over spilled milk. What you need to do is to reduce the losses with quick, sharp moves. 2. Go with the flow Like traffic, taking the counter flow is not advisable in day trading. It would be better if you will just go with the flow. This means that you have to focus on the high-selling stocks and sell those that fall under 'short-selling' stocks. This is based on the belief that the development of stocks will continue to rise. Luckily, 8 out of 10 day traders find this strategy effective. 3. Control your emotions Some day traders tend to be emotionally involved with their dealings. In reality, day trading can really create hype. Hence, emotional people tend to act on impulse. Any good news will immediately alert day traders to expect a positive turnover of stocks. Hence, if you are too emotional, you may get excited and act without even evaluating the situation. To avoid trouble, it would be better to control your emotions and analyze each condition first before making a move. If you lost, analyze the situation and identify where you have been wrong. Do not take your defeats seriously. Keep in mind that an open mind is important to overcome problems encountered in day trading. This will help you achieve the profits that you want. www.earnforex.com/articles/day-trading-tips-for-dummies   Tags: forex basics, day trading, forex trading   Member: EF | 53 Snaps

How to Access the Live Trading Rooms | PL: 555  Category: Trading Signals | Comments (0) 2010-02-16 16:11:55 How To Access GMT Live Trading Room IN this video we take you through how to access the Live Trading Room from the click of the Room Link to the actual features of the Live Room. In today's video we enter into the European Session and have a look at where the trade announcements are entered and what the text box does. It is a must watch video if you are looking to come into the Live Trading Room for the first time. For information on how to have a free trial in the Live Rooms please email info@globalmarkettrader.com 2010-02-16 16:11:55 " width="50" border="0"> How To Access GMT Live Trading Room IN this video we take you through how to access the Live Trading Room from the click of the Room Link to the actual features of the Live Room. In today's video we enter into the European Session and have a look at where the trade announcements are entered and what the text box does. It is a must watch video if you are looking to come into the Live Trading Room for the first time. For information on how to have a free trial in the Live Rooms please email info@globalmarkettrader.com   Tags: Live Trading Rooms, Forex Signals, Day Trading, Trading Coach   Member: Shane Fry | 31 Snaps

Dynamic Support & Resistance Levels for Intraday Trading | PL: 118  Category: Training | Comments (0) 2009-12-29 07:31:46 Natural size Dynamic Support & Resistance Levels for Intraday Trading As helpful as Pivot System levels often are, a significant drawback to their use lies in the fact that they are calculated from the prior day's price action, and may not accurately reflect recent changes in market psychology. Effective intraday trading also requires a means of identifying support and resistance which can more easily adapt and more accurately represent price activity under rapidly changing market conditions. The 20 period Exponential Moving Average (20EMA) can be used to... 2009-12-29 07:31:46 Natural size Dynamic Support & Resistance Levels for Intraday Trading As helpful as Pivot System levels often are, a significant drawback to their use lies in the fact that they are calculated from the prior day's price action, and may not accurately reflect recent changes in market psychology. Effective intraday trading also requires a means of identifying support and resistance which can more easily adapt and more accurately represent price activity under rapidly changing market conditions. The 20 period Exponential Moving Average (20EMA) can be used to create these more 'dynamic' levels of support and resistance. Unlike Pivot System S&R levels that remain constant throughout the day, the 20EMA changes in accordance with more immediate changes in price. This feature makes them a very effective tool, especially when significant shifts in market psychology occur between Pivot System levels, and after large thrusting impulse moves. My principle intraday chart reference is the five minute timeframe with frequent note of other periods as market conditions warrant. For this reason, the 5 min. 20EMA is our most often referenced moving average. However, it is also helpful to additionally graph both the 15 min. and 30 min. 20EMAs on the same 5 minute chart. This is accomplished by plotting the following values. 1.5 min. 20EMA - plot a 20 period Exponential Moving Average. 2.15 min. 20EMA - plot a 60 period Exponential Moving Average (15/5*20) 3.30 min. 20EMA - plot a 120 period Exponential Moving Average (30/5*20) It is important to recognize that the 15 and 30 minute values arrived at with this method are not exact and precise representation of the corresponding 15 and 30 minute 20EMAs, but for purposes of identifying potential support and resistance levels, you will find the technique quite useful. The 20 period EMA is treated as we would any other potential support or resistance level. In congested, trading range market conditions, these levels can be violated rather easily. However, when price begins to trend, the 20EMA can be a valuable aid in determining appropriate areas in which to take action either by establishing new positions . . . or baling out of existing ones. Read more about it here: mediaserver.fxstreet.com/Reports/ca13130b-9db7-4837-a259-32e8e68c3d7c/23b3b83c-4bef-47a0-bba5-c910e70ced5e.pdf   Tags: Forex Trading, Intraday Trading, Support Levels, Dynamic Support & Resistance Levels, Pivot System   Member: Paul | 1 Snaps