Friday, February 10, 2012

Useful Forex Candlestick Indicator I am Using

If you have been trading for some time, you will know that the forex candlestick is one of the important tool that most professional traders are using. In fact, most of the indicators that we are using are lagging in nature. The only indicators that are leading are the Fibonacci and Forex Candlesticks. The problem [...]

Effective Forex Entry Strategies

September 7, 2011 by  
Filed under Currency Trading FAQ

In today currency trading faq, we have a question from one of our fellow traders. He is asking me what are the forex entry strategies he can use to better find a good entry for his trading. Knowing when to enter your trade is very important as it will usually determine whether you will get [...]

Using Forex Fibonacci Indicator To Tell Reversal

August 18, 2011 by  
Filed under Currency Trading FAQ

In today currency faq, we have a question from our fellow trader asking me how to use forex fibonacci indicator to tell reversal. In fact, if you have been following my forex trading signal, you will know that I often make use of the forex fibonacci indicator. The main reason why I like to use [...]

Best Forex Trading Strategies For Working Person

May 26, 2011 by  
Filed under Currency Trading FAQ

In today currency trading Q & A, we have a fellow trader asking for the best forex trading strategies for working person. Here is the question: I’m looking for a trading system suitable for a working person. I have 2 hours each day before work available where I do my chart analysis. I have had [...]

What is the Best Forex Entry Signal?

September 24, 2010 by  
Filed under Currency Trading FAQ

This is a question that is asked by one of the subscribers to my newsletter. When is the best time to open position (buy or sell). I find myself in a situation where I have more loss than profit. Can you explain to me? I bet this is one question that most of you are [...]

Biggest Forex Trading Mistake To Avoid

August 11, 2010 by  
Filed under Currency Trading FAQ

This is a question that is asked by one of our newsletter subscriber. What is the biggest mistake that most traders make in their trading? What I am writing is my personal opinion and there is no right and wrong to this question. To me, the most important factor to success in forex trading lies [...]

Best Forex Trading Strategy Recommendation For Beginner

August 5, 2010 by  
Filed under Currency Trading FAQ

This is in fact a question that is asked by one of the subscribers of my newsletter. What is the best forex trading strategy to be used as a beginner? Personally I think that the best forex trading strategy for a beginner is forex trend trading strategy. There is nothing more profitable than being able [...]

Trading With Bollinger Bands Made Simple

July 23, 2010 by  
Filed under Forex Indicator

The Bollinger band is an indicator that is made up of an upper line, a lower line and a moving average line in between the 2 bands. Trading with Bollinger bands can help you to have an understanding on the market conditions. With a better understanding of the market condition, you will be less likely [...]

Questions And Answers For June 2010 (Part II)

July 15, 2010 by  
Filed under Currency Trading FAQ

Below are the questions that the subscribers to this newsletter have asked and I hope that all of us will benefit from it. Keep it coming! Question #1: In the news…China will be revalueing the Juan. How do you think this will affect the other currencies. I am mainly interested in the Greenback, the Aussie [...]

Questions And Answers For June 2010 (Part I)

July 2, 2010 by  
Filed under Currency Trading FAQ

All these questions are made possible with the help of our newsletter subscribers and I hope that more of you will participate in this section so that all of us can grow our trading knowledge together. Question #1: How much would I have to lose before a margin call is implemented? This question depends on [...]

Macd Technical Indicator Explained

June 13, 2010 by  
Filed under Forex Indicator

If you have been reading my post, you will find that I have been talking about the power of a technical indicator known as MACD (Moving Average Convergence Divergence). One very important use of this indicator will be to avoid the forex traps that occur during trading. The reason why I love to use this [...]

Back From Vietnam Ho Chi Minh

December 23, 2009 by  
Filed under Update About Me

Sorry for not updating this blog for 5 days as I am away on a vacation with my wife and a group of friends. Throughout these 5 days vacation, we had a great time as we visited beautiful places and eat good food. If you guys are planning to go on a Vietnam Tour, these [...]

Good Forex Book Recommendation

June 30, 2009 by  
Filed under Forex Books

The New Science of Technical Analysis One of The Best Forex Book Around! I have bought numerous forex trading books and I find some that are very basic with information that can be found anywhere online while there are some that are very detailed and useful for new traders who have no forex strategies to [...]

The One Forex Trading Tool You Will Need

May 26, 2009 by  
Filed under Forex Trading Tool

I have received a number of emails from the member of my forex newsletter asking me to recommend a forex trading tool that all trader must have. Having traded the currency for so long, I have never asked myself which forex trading tool is the most important to me because there are so many tools [...]

Forex Broker Selection Guidelines

May 7, 2009 by  
Filed under Forex Brokers

When it comes to Forex Broker Selection, I must say that it is a very personal issue. There are some people who are extremely happy with a certain broker but there are also a group of people who simply hate the same broker. This usually occur because different people will have different requirements. Although Forex [...]

Forex Indicator – How To Use Moving Averages To Your Advantage

April 7, 2009 by  
Filed under Forex Indicator

Moving average is a lagging forex indicator which means that it is slow and it can only tell you what had just happened instead of telling you where the price is likely to move. However, by utilizing this lagging forex indicator together with repetitive price patterns, you can then form a reliable forex trading system [...]

Forex Indicators – What Are The Best Forex Indicators?

March 28, 2009 by  
Filed under Forex Indicator

There are numerous forex indicators available in the market, so which are the best forex indicators? In fact, there is no such thing as the best forex indicators. All the indicators available are useful depending on how you combine and trade them. There are some traders who are using a certain set of indicators and [...]

Forex Indicator Top Pick – The Best Forex Indicator To Use

February 18, 2009 by  
Filed under Forex Indicator

There are about 99 forex indicators available in most forex software provided by your forex broker. However if you are attempting to trade using all the 99 indicator, it is impossible for you to execute any trade as it is near to impossible for all the indicators to agree with each other. Therefore you need [...]

Forex Indicator – Important Reversal Candlestick Patterns You Must Not Miss

February 11, 2009 by  
Filed under Forex Indicator

Reversal candlestick patterns are one of my favourite Forex indicators which has helped me in almost all my trading. There is nothing more estatic than knowing when the price is going to reverse and you can simply enter a trade in the anticipated direction making you PROFITS. You will be seeing a lot of candlestick [...]

Forex Indicator – How To Trade Using Moving Averages

February 8, 2009 by  
Filed under Forex Indicator

Moving Averages is one of the best forex indicator that can be a very good way to indicate to you whether you should go long or go short in any trade. I usually use the 20 EMA, 50 EMA and the 200 EMA to help me in placing my trade. All you need to plot [...]

Forex Trading Tools You Can Use For Your Trading

February 1, 2009 by  
Filed under Forex Trading Tool

In this post today, I will be sharing with you a number of Forex trading tools that I have been useful for my trading and have helped me bank in quite an amount of money. If you have been reading books on either currency trading or Forex trading, you will be familiar with the following [...]