Forex Collection 2

1: www(.)ac-markets(.)com - Currency trading - Forex Trading with The Forex Broker. ACM offers online currency trading commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, real-time one-click execution. Free forex charts, foreign exchange rates, forex news & analysis.

2: www(.)fxinfo(.)com - Forex Trading System - Guide to the Forex trading system where you can find 24 hour commission currency trading, as well as the charts, forecasts, quotes and analysis that will help you make informed trading decisions.

3: www(.)earnforex.com - Forex Trading Information - Information about Forex trading, Forex brokers lists, free Forex e-books, free Forex tools and Forex articles for newbie and expert Forex traders.

4: www(.)forexfusion(.)com - Forex Currency Trading Education - Forex Fusion brings you the best in Education, Forex Tools and Live Market Data.

5: iFOREX - Forex Forecasts and Trading Signals. - iFOREX.bg - Real Time Forex Trading, daily forex forecasts, direct real time signals for entry and exit trading positions for EUR/USD, USD/JPY, GBP/USD and USD/CHF.

6: www(.)world4x(.)com - World4X Automated Forex Trading Systems and Signals - The World4X Automated Forex Trading System leaves you completely free to go about your day. Or subscribe to our Forex Trading Signals for self Managed Forex Trading Accounts.

7: www(.)realtimeforex(.)com - Real-time Forex - Realtime Forex offers 24 hour online currency trading on live market prices using its proprietary software RTFX™Pro. Realtime Forex's currency trading service also includes free forex charts, market news, daily market comments and analysis.

8: www(.)dailyfx.com - Forex News - Breaking forex News, Real Time Market Analysis, Trading Strategies Plus A Global Economic Calendar.

9: www(.)forex-brokerage-firms(.)com - Forex Brokerage Firms - Featured list of the forex brokerage firms, online currency trading and forex related services.

10: www(.)theforexblogger(.)com - The Forex Blogger - Join the biggest online forex trading blogs community on the web.Register your online Forex trading blog Bringing online forex trading tips from well known forex brokers.

11: www(.)tradingsimulation(.)com - Free Trading Software - Free real time trading simulators, live trading software, and trading resources for stock, futures and forex traders.

12: www(.)forexglossary(.)com - Forex Glossary - Terms and terminology used in Forex Trading. Index of financial and investment terms.

13: www(.)spectrusgroup(.)com - Spectrus Real Estate Group - 1031 Exchange Property and more - Spectrus is a leading provider of investment real estate solutions including Tenants-in-Common (TIC) ownership and replacement property for 1031 exchanges.

14: www(.)simpleforexsolution(.)com - A Simple Forex Solution - Learn to trade the lucrative forex market with a proven system for profits.

15: www(.)alliancetrader(.)com - AllianceTrader.com - Off shore Day Trading brokerage firm that offer 4 to 1 margin with $2000 account size. Day Trade with less than $25k all day without a pattern day trading restriction.

16: www(.)futures-investor(.)co(.)uk - Futures-Investor- Futures and commodity trading course and resource centre.

17: www(.)forex-science(.)com - G7 Forex System - G7 Forex System by Forex-Science. Day trading system for the Forex market.

18: www(.)the-way-to-trade(.)com - Stock, Forex and Futures Trading - Killer Trading System - Give me 5 minutes and I'll show you how to become a trading master.

19: www(.)forex-market-guide(.)com - Forex Market Guide - Learn all about the exciting world of forex market trading with our quick and easy online information guide - using charts, technical analysis, signals, brokers and more.

20: www(.)forex(.)techas(.)lt - Forex Trading. Currency trading portal focusing on forex/currency trading online - Forex Trading. Currency trading portal focusing on forex/currency trading online. Information For Beginners, Forex Books, Forex Brokers, FX Directory, FX Chart, Free Forex Demo.

21: eliteforextrading(.)com - Elite Forex Trading - A unique boutique internet based electronic brokerage. Cutting Edge robotic systems, combined with an Elite Team of Forex Dealers offering forex managed accounts, forex trade signals, and self-traded forex accounts.

22: www(.)triglobalfx(.)com -Tri Global FX Forex Trading - Trade Calls, Forex Seminars, and Forex Managed Accounts. Tri Global FX is a Forex trading and money management firm founded by a group of veteran traders each with over 20 years of proven success. Whether you’re a seasoned or novice trader, or an active or passive investor, our team of senior traders will help you achieve your goals in this exciting market.

23: www(.)libraryonline(.)com - Library Online Letter Writing Templates - Library of professionally written customizable letter writing templates for business, career, love, personal. Writing letters has never been easier. Write a perfect letter for every occasion with this large selection of templates.

24: www(.)fibtimer(.)com - FibTimer Market Timing Strategies - Mutual fund market timing strategies for S&P and Nasdaq index fund traders and index fund timers, plus Bond, Sector Fund, Smallcap, REIT and Gold timing strategies. We also have ETF and Stock timing strategies.

25: www(.)meetup(.)com - Helps groups of people with shared interests plan events and form offline clubs in local communities around the world.

26: 4x-course(.)com - How the stock market works - Information Articles And Tips To Help You Become A Successful Online Stock Trader.

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Forex Collection 1

1: www(.)surefire-forex-trading(.)com - Forex Trading - www.surefire-forex-trading.com/ Learn to trade the fx market with a proven forex trading method.

2: www(.)1world-forex(.)com - Online Forex Trading - Whether you are new to FOREX trading or an institution looking to offer FOREX trading services to your clients, we have a solution for you.

3: www(.)forextechniques(.)com - Forex Trading Strategies - Use Forex Strategies That Keep You On The Right Side Of The Market.

4: www(.)forexcourse(.)com - Forex Trading Course - The Forex Trading Course for Currency Trading Strategies.

5: www(.)forexmentor(.)com - Forex Course - Learn Forex Trading Online With Peter Bain's DVD and CD Course and Pivot System.

6: www(.)fibmaster(.)com - FibMaster.com - Download these Fibonacci trading videos, to learn how to do it right.

7: www(.)7-secrets(.)co(.)uk - Seven Secrets of Modern Financial Mastery - Seven Secrets will separate tomorrow's rich and poor. This superb report is an absolute must-read for anyone serious about money and their personal finances.

8: www(.)tradingconceptsinc(.)com - Trading Concepts E-mini Trading< - Todd Mitchell's guaranteed e-mini system. Free demo, audio tape, and trading reports. Hundreds of testimonials since 1994. Talk with successful students first hand. Get free, lifetime support.

9: www(.)fxguru(.)net - The Best Forex signals - The BEST Forex signals online - www.FXGuru.net , We provide real time forex signals, free forecasts, education resources for forex traders.

10: www(.)4xsignals(.)com - Forex Signals - 4XSignals.com is offering you Forex trade signals on currencies like EUR/USD, GBP/USD, USD/CAD and USD/CHF.

11: www(.)forex-strategy(.)com - Forex Strategy Team - Trading Together in Real Time. Forex Signals in real time for the four main currencies pairs. Forex News Agency. Live Forex Market data. Real time forex charts, live quotes, live news, live forex signals and live forex education.

12: www(.)info-forex(.)com - Forex Chart - Forex portal offers real time foreign exchange rates, forex news, Forex Charts.

13: www(.)openforex(.)com - Forex Forecast - Foreign Exchange Trading, Forex Analysis and Forecasts.

14: www(.)forexvoice(.)com - Forex Voice, Forex Squawkbox - Forex Squawkbox, Forex voice provides live, real time forex audio rates direct to your pc 24 hours a day.

15: www(.)moneyforex(.)com - Online Forex & CFDs Trading System - A unique commision free online forex trading system that allows you engage in trading on the world forex & CFDs market.

16: www(.)jsmineset(.)com - Gold and Silver Trading Prices, Barrick, Base Metal, Iran Oil, Stock Trends - Jim Sinclair a precious metals specialist and a commodities and foreign currency trader offers information including commentary about gold and silver trading, guild investments, stock trading strategies, as well as foreign currency trading.

17: www(.)brokers-search-engine(.)com - Brokers Search Engine - The largest online database of brokerage services.

18: www(.)tradejuice(.)com - Day Trading - The largest selection of FREE day trading articles in the world.

19: www(.)fxuniversal(.)com - Forex Course - 4X Apprentice Forex Course - Learn to Trade Currencies.

20: www(.)day-traders-bible(.)com - Day Traders Bible - Uncover the most sought after scientific trading approaches that will make you think...

21:www(.)surefire-trading(.)com - Surefire Trading - for all your tutorials on trend trading, investing for beginners, short term investment, stock market analysis and learning to trade.

22: www(.)stockanalyzerpro(.)com - Trading Solutions - Make money whether the markets are up or down. Learn the truth behind stock splits, earnings & pattern trading.

23:www(.)learnforexsecret(.)com - Master Forex Trading Technique - Gain at least $300 per day by learning FOREX training! Visit us and learn how to improve your currency trading strategies.

24: www(.)forextradingseminar(.)com - Forex Trading Seminar - Forex Seminar - Forex Trading Course DVD and Interactive Video CDROM.

25: www(.)learndaytrading(.)net - The Trade Tutor - The Trade Tutor is the fastest and easiest way to Technical analysis.

26: Forex Trading Link Directory - We offer ForEx trading, foreign exchange training, FX links & more. Come here for ForEx trading, foreign exchange training & FX links.

27: Forex Currency - Foreign Exchange Directory offer resources for online forex trading, stocks & futures, forex blogs, Forex broker companies and more related resources.

28: Dashboard FX- Forex Signals Software Provides Real-Time Buy/Sell Alerts, Predictions, Forecasts and Recommendations.

29: www(.)genuinefxonline(.)com - 100 pips monthly consistent profits possibly and Automatic Trading software - One of the most respected names in forex today, with clients from USA, Australia, Asia, Europe and many other parts of the world. One of the best customer-satisfaction track records. Training and providing signals since 2003. Listed on FXStreet.

30: www(.)4xcharts(.)com - Forex Trading Charts - We feature online professional alarms, forex charts, and forex signals with trade indicators to help traders trade the market.

31: www(.)genuinefxonline(.)com - Forex Signals/Automatic Trading Software - One of the most respected names in forex today, with clients from USA, Australia, Asia, Europe and many other parts of the world. One of the best customer-satisfaction track record. Training and providing signals since 2003. Listed on FXStreet.

32: www(.)buyforexsignals(.)com - Forex Signals - A Precise and Accurate Forex Signals Trading System which is developed to earn from forex market up to 800 pips per month at low price this is www.BuyForexSignals.com

33: www(.)forex-millionaire(.)com - Free Forex Signals for Every Day. 900 Pips per Month - Best Forex Software Forex Trading Signals and Forex Trading System. Free signals. You will earn real money with our signals. Learn to trade Forex. Best forex trading software. Free forex library.

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How to Determine Support and Resistance.

What Is Support?

Support is the price level at which demand is thought to be strong enough to prevent the Forex Market price from declining further. The logic dictates that as the Forex Market price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the Forex Market price reaches the support level, it is believed that demand will overcome supply and prevent the Forex Market price from falling below support. Support levels are usually below the current Forex Market price.

Note: When Support level is broken, then technically it will become Resistance level. And vice versa.

What is Resistance?

Resistance is the price level at which selling is thought to be strong enough to prevent the Forex Market price from rising further. The logic dictates that as the Forex Market price advances towards resistance, sellers become more inclined to sell and buyers become less inclined to buy. By the time the Forex Market price reaches the resistance level, it is believed that supply will overcome demand and prevent the Forex Market price from rising above resistance. Resistance levels are usually above the current Forex Market price.

Note: When Resistance level is broken, then technically it will become Support level. And vice versa.

There are loads of ways in determining support and resistance level. In this section, we’re going to discuss about the two ways. First: Using Forex Market Price chart and past Forex Market Price history. Second: Using Pivot Points.

The first method of determining support and resistance levels is to look at a bar chart and its past price history and then see at what Forex Market price levels the highs, lows and closes seem to be touching the most. This method of determining support and resistance levels works on any bar chart time frame--hourly, daily, weekly or monthly.

Now, let’s see the chart below. This is GBP/USD at 15M of time scale: (I deleted some part of the picture to help you understand the concept)

Let’s start from 27/04/2007 8:00 PM. You know the definition of support and resistance, then we might draw first support level at 1.9922 because market Forex Market price couldn't break below this level.

Now, we have resistance level at 2.0039, where Forex Market price didn’t go up further than that level

And now, take a look at what happened on 30/04/2007 between 4:30AM and 8:15 AM, Forex Market Price move Upward and give us a new resistance level at 1.9969.

And now, take a look at what happened on 30/04/2007 near 12:15 PM, Forex Market price broke below our support level at 1.9922 and our support level was no longer considered to be support level. It became resistance level. (When resistance level is broken, then technically it will become support level. And vice versa, when support level is broken, then technically it will become resistance level. )

Here we got new Support level at 1.9890, because Forex Market price couldn’t break below this level.

Again, take a look at what happened on 30/04/2007 near 12:30 PM, Forex Market Price broke below our resistance level at 1.9922 and our resistance level was no longer considered to be resistance level. It became support level. (When resistance level is broken, then technically it will become support level. And vice versa, when support level is broken, then technically it will become resistance level. )

And so on, we’ll have support and resistance levels like picture below. Again look at horizontal lines 1.9969 and 1.9988, it was resistance line, but Forex Market Price broke above our resistance and it became support level. Flag indicate respects to our support / resistance line (A line confirms its validity when the price respects this line. The more times Forex Market Price touches and bounce back, the stronger it becomes.)

Remember this Rule:

“When resistance level is broken, then technically it will become support level. And vice versa, when support level is broken, then technically it will become resistance level.”

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Moving Average and Bollinger Bands

Moving Average:

Moving averages are one of the most popular and easy to use tools available to the technical analyst. Moving average Forex indicator is the average price for a given time interval in relation to other prices during the similar time periods. For instance the closing prices over a 5-day period would have a moving average of the total of the five closing prices divided by five.

The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA).

A Simple moving average is calculated by adding the prices over a given number of periods, then dividing the sum by the number of periods. For example, a nine-day simple moving average would add together the closing prices for the last nine days, and then divide that number by nine.

An Exponential moving average gives more weight to recent prices, and is calculated by applying a percentage of today's closing price to yesterday's moving average. The longer the period of the exponential moving average, the less total weight is applied to the most recent price. The advantage to an exponential average is its ability to pick up on price changes more quickly.

How to use?

If the price rises above the moving average it can be considered a bullish signal, and if the price dips below the moving average, it can be considered a bearish signal. This "crossover" or "penetration" will not be at the top or bottom, but normally shortly after the price bottoms out or tops out.

Longer-term and shorter-term moving averages can be compared to each other, and generate signals when they cross. When a shorter term MA moves across a longer term MA and both slopes go up, it can be considered a bullish signal. When a shorter term MA moves across a longer term MA and both slopes go down, it's can be considered a bearish signal.

An Example of using Longer-term and shorter-term moving averages to generate signals.

You can use this technique for any currency at 1H or 1 Day time frame. We have to use 7 SMA (Green Line), 14 SMA (Red Line), and 21 SMA (Blue Line).

Entry Rules for Short: Sell when 7 SMA (Green Line) goes through 14 SMA (Red Line) and continues through 21 SMA (Blue Line) in downward direction.

Entry Rules for Long: BUY when 7 SMA (Green Line) goes through 14 SMA (Red Line) and continues through 21 SMA (Blue Line) in upward direction.

Exit rules: Exit when 7 SMA (Green Line) goes back and touches 21 SMA (Blue Line).














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Bollinger Bands:

Developed by John Bollinger, Bollinger Bands are considered some of the most useful bands in technical analysis, for they vary in distance from the moving average of a Forex Market Price based on the security's volatility and relative price levels over a period time. The indicator consists of three bands designed to encompass the majority of a Forex Market Price action.

1. A simple moving average in the middle
2. An upper band (SMA plus 2 standard deviations)
3. A lower band (SMA minus 2 standard deviations)

During periods of increased fluctuation, the bands widen to take this into account, and when the fluctuation decreases, the bands are tapered for a narrower focus to the price range. The upper band is the standard deviation multiplied by a given factor above the simple moving average, and the lower band is the standard deviation multiplied by the same given factor below the simple moving average.

How to use?

In addition to identifying relative price levels and volatility, Bollinger Bands can be combined with price action and other indicators to generate signals and foreshadow significant moves.

Example:

You can use this technique for any currency at 1H or 30M time frame. We have to use 14 EMA (Green Line), 21 EMA (Red Line), 50 EMA (Blue Line) , Bollinger Band (20, 2) (Brown and Yellow Lines).

Entry Rules for Short: if 14 EMA (Green Line) is below 21 EMA, then if both 14 EMA (Green Line) and 21 EMA (Red Line) are below 50 EMA (Blue Line), then if 50 EMA (Blue Line) is within the Bollinger Bands borders (Brown and Yellow Lines).

Entry Rules for Long: BUY if 14 EMA (Green Line) is above 21 EMA (Red Line), then if both 14 EMA (Green Line) and 21 EMA (Red Line) are above 50 EMA (Blue Line), then if 50 EMA (Blue Line) is within the Bollinger Bands borders (Brown and Yellow Lines).

Exit rules: Exit when any of the conditions is violated.

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Relative Strength Indicator (RSI) & Stochastic Oscillator

Relative Strength Indicator (RSI):

Relative Strength Index (RSI), an oscillator introduced by J. Welles Wilder. The RSI is based upon the difference between the average of the Forex closing price on up days vs the average closing price on the down days over a given period, and is plotted on a vertical scale of 0 to 100.

Wilder advocated a 14-day RSI, although shorter and longer periods have gained popularity when the market exhibits certain characteristics. Generally, RSI is measured in a period between 5 and 25.

How to use it?

Wilder recommended using 70 and 30 and overbought and oversold levels respectively. Generally, Forex Buy signals are triggered when RSI is in oversold (20-30) area, potentially meaning that the stock is about to reach its low for this trend, and Forex Sell signals are triggered when RSI is in overbought (70-80) area, potentially signaling a Forex market top.

Try to combine it with EMA and you’ll get great result on your trades.

You can use this technique for any currency at 1 Day time frame. We have to use 5 EMA (Green Line), 12 EMA (Red Line), and RSI 21.

Entry Rules for Short: Sell when 5 EMA (Green Line) crosses down and below 12 EMA (Red Line) and RSI is below 50.

Entry Rules for Long: Buy when 5 EMA (Green Line) crosses up and over 12 EMA (Red Line) and RSI is above 50.

Exit rules: Exit when 5 EMA (Green Line) and 12 EMA (Red Line) cross again or when RSI crosses back through 50.

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Stochastic Oscillator:

The Stochastics oscillator, a popular and dynamic indicator developed by Dr. George Lane, is based on the premise that during an upward trading Forex market, Forex prices tend to close near their high and during a downward trading market, Forex prices tend to close near their low.

Typically used to identify overbought and oversold conditions the indicator consists of two lines: % K and %D. The range of the Stochastics is between 0 and 100. With a price range of ten to twenty, ten would be given a 0 designation, fifteen would be at 50, and a price of twenty would be at the 100th percentile. The values of the stochastics calculations are dependent on the parameters given to %K and %D.

Readings below 20 are considered oversold and readings above 80 are considered overbought. However, Lane did not believe that a reading above 80 was necessarily bearish or a reading below 20 bullish. A Forex Market Price can continue to rise after the Stochastic Oscillator has reached 80 and continue to fall after the Stochastic Oscillator has reached 20. Lane believed that some of the best signals occurred when the oscillator moved from overbought territory back below 80 and from oversold territory back above 20.

How to Use?

When the faster %K line crosses above the slower %D line and the lines are below 20, a Forex buy signal is generated. When the %K lines crosses below the %D line and the lines are above 80 a Forex sell signal is generated.

Click Here>> Moving Average and Bollinger Bands >>

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Calculating Forex Profits and Losses.

A Guide To Calculating Forex Profits and Losses.
By David Shephard

The first thing that the newcomer to the world of Forex needs to realize is that in Forex trading currencies are traded in much smaller divisions than is the case for normal cash transactions. Although the smallest cash division in the US is the penny (US $0.01), US currency can be traded on the Forex market in divisions of as low as US $0.0001. This smallest division is known as the pip, which is short for Price Interest Point and is also sometimes referred to as 'points'.

As currencies are traded in large lots (typically US $100,000), small movements in the value of the currency can produce substantial profits and losses. For example, in a lot of US $100,000 one pip is worth $10 so an increase of just 40 pips (or 4/10 of one cent) can generate a profit or loss of US $400.

Although the standard lot in Forex trading is 100,000 units of the base currency, currencies can be traded in lots of various sizes. When talking about a lot, the term ‘unit' is the currency name, so that for the US dollars one unit is one dollar.

Different currencies also have different sized pips. The US dollar, for example, is expressed in pips of 0.0001 while the Japanese yen is expressed in pips of 0.01. The value of a pip will depend on the currency pair being traded and the size of the lot. Currency pairs involving the US dollar (USD) with USD as the quote, or second, currency (for example CAD/USD) always have a pip value of $10 for a standard lot. For other currencies a pip value calculator should be used.

There are various different types of order that can be placed by a Forex trader and these order types will have an effect on the profit of loss made in each transaction.

Market Order. A market order is an order to buy or sell at the current market price and be used to either enter or exit a trade. Market orders need to be used carefully because, in fast-moving markets, there can be a significant difference between the price displayed at the time a market order is made and the actual price when the transaction is made. This gives rise to slippage, which is the amount by which the market moves in the time (often just a few seconds) between placing an order and its execution. Slippage can result in a gain or loss of several pips.

Limit Order. A limit order is an order to buy or sell when a certain limit is reached. Limit orders are often used to either buy a currency below the market price or to sell a currency above the market price. If you are buying, your order is executed only when the market falls to the price stated in your limit order. Similarly, if you are selling, your order is executed when the market rises to the price specified in your limit order. In the case of limit orders there is no slippage.

Stop Order. A stop order is an order to buy above the market or to sell below the market. They are most frequently used as stop-loss orders to limit losses if the market moves against the trader's expectation. A stop-loss order will sell the currency if the market falls below the point set by the trader.

One Cancels the Other (OCO). An OCO order is used when placing a limit order and a stop-loss order at the same time and simply means that if either order is executed the other is cancelled. This is useful as it allows a trader to make a transaction without having to monitor the market. Should the market fall, the stop-loss order will be executed, but if the market rises to the level specified in the limit order, the currency will be sold at a profit.

Here is an example of an OCO Transaction:

Buy: 1 standard lot EUR/USD @ 1.3248 = $132,480

Pip Value: 1 pip = $10

Stop-Loss: 1.3223

Limit: 1.3348

This is an order to buy US dollars at 1.3348 and to sell them if they fall to 1.3223 (resulting in a loss of 25 pips or $250) or to sell them if they rise to 1.3348 (resulting in a profit of 100 pips or $1,000).

Let's look at another example:

The current bid/ask price for US dollars and Canadian dollars is

USD/CDN 1.2152/57

This means that you can buy $1 US for 1.2152 CDN or sell 1.2157 CDN for $1 US.

Now, if you believe that the US dollar is undervalued against the Canadian dollar, you will buy US dollars (at the same time selling Canadian dollars) and wait for the US dollar to rise.

Here is the transaction:

Buy USD: 1 standard lot USD/CDN @ 1.2157 = $121,570 CDN

Pip Value: 1 pip = $10

Stop-Loss: 1.2147

Margin: $1,000 (1%)

In this standard lot transaction you are buying US $100,000 and selling CDN $121,570. If the price of the dollar falls below then your stop-loss order will be executed and you will lose $100.

However, let's assume that the USD/CDN rises to 1.2192/87. You may now sell US $1 for CND $1.2192 or sell CDN $1.2187 for US $1.

Because you entered the transaction by buying US dollars, you must now sell US dollars and buy back Canadian dollars to realize your profit. So, you sell US $100,000 at the current USD/CDN rate of 1.2192, and receive CDN $121,920 for which you originally paid CDN $121,570. Your profit is CDN $350 or US $287.19 (350 divided by the current exchange rate of 1.2187).

About Author:
To learn Forex trading online and to look at the possibility of opening your own mini forex online account please visit ForexOnlineTradingSystem.info
Article Source: http:/ezinearticles.com

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