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Moving Average Crossovers May Not Be The Best Entry Signals Print
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Monday, 12 June 2006
By Chuck LeBeau


There are many ways of using moving averages to trade but by far the most common method is to trade when a short-term moving average crosses over a longer term moving average. For example, if the 10-day MA crosses above the 30-day MA we typically assume that we have a new buy signal.

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Developing a written trading plan Print
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Thursday, 08 June 2006
When someone decides to start a business, the first task usually tackled is drafting a business plan. Most people would see this as mere common sense, however it seems the same logic does not apply to many new traders. Rather than planning how and where their capital is to be allocated, many new traders will launch headlong into a trading career with little regard as to their risk and profit objectives. By failing to have a trading plan, a trader will not know what to do when the market goes in their favour or worse still, when it moves against them. Without the structure that a trading plan provides, you will find yourself not only at the mercy of changing market conditions but also of your own conflicting emotions -a sure recipe for disaster.
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FX Trading Systems Which Work Print
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Saturday, 03 June 2006

 

There are many different methods, systems and strategies which traders, “newbies” and old “pro’s”, apply to the market to make a profit from the movements in the prices. Each trader will assert that his or her methods are the best and the most profitable, but the truth is that each trading system has its strengths and weaknesses. The real keys to making money from the Forex market are the following:

 

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Important Rules of Technical Trading Print
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Monday, 29 May 2006

Important Rules of Technical Trading
By John J. Murphy

1. Map the Trends
Study long-term charts. Begin a chart analysis with monthly and weekly charts spanning several years. A larger scale "map of the market" provides more visibility and a better long-term perspective on a market. Once the long-term has been established, then consult daily and intra-day charts. A short-term market view alone can often be deceptive. Even if you only trade the very short term, you will do better if you're trading in the same direction as the intermediate and longer term trends.

Last Updated ( Wednesday, 31 May 2006 )
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Trade Exit - How To Cut Losses And Let Profits Run Print
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Saturday, 20 May 2006

By Tim Wreford

Cut your losses short and let your profits run. This is the essence of your trade exit rules.

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