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Daily Chart EURUSD Short

euro short

[adrotate banner=”1″] Enter Short at 1.42 I entered a short trade at about 1.426 today. I am expecting further losses for the Euro. However, I have a tight stop incase the market decides to rally today. If todays daily pivot is broken (the gray line) I expect further losses down to at least midway to […]

How to Analyze Gold Charts

how to analyze gold charts

There are two things that investors need to know when predicting price movements: the fundamental factors that affect prices, and the trends that can be found on daily and weekly charts. Fundamental analysis involves reading news that may affect the price movements of gold. A strong U.S. dollar or high interest rates often move gold […]

Life Insurance for Day Traders

[adrotate banner=”1″]Are you a full time day trader? Interested in becoming one? Then you will need to set up a financial strategy to manage various risks. This could be the risk of illness, accidents or even death. That’s why you will need to look into life insurance. You can check out a price comparison site […]

Technical Analysis 101

eBay-1

[adrotate banner=”1″] Technical Analysis is not very difficult to learn. If you can spot patterns and like looking at pictures, then you can learn technical analysis.

Stochastic Oscillator

stochastic oscillator

[adrotate banner=”1″] What is the Stochastic Oscillator? The Stochastic Oscillator is made up of two moving curves, the slow %D line and the fast %K line. Similar to moving averages and the MACD indicator, the stochastics show buy and sell signals based on the crossing of the lines. There are four variables that make up […]

Trailing Stops are Like Insurance

auto-insurance

[adrotate banner=”1″]In forex, trading without a stop loss is pretty dangerous. I remember when a friend and I were trading and suddenly the internet went out. We were freaking out! What was the market doing? Were we losing all of our account balance? If we had placed an immediate stop on the order, we would […]