Posts Tagged ‘education’

forex trading methods

Monday, July 19th, 2010

  

forex trading methods

I can’t really speak for most, but the best forex trading method I’ve ever used was price action. I was just like everybody else who jumped from the latest system that involved stochastics and MACD until I figured out all I needed was right in front of me.

What I came to find out is that all the indicator driven systems rely on lagging indicators. When it comes to lagging indicators you find out you should have bought or sold after the move happened.

Take a look. Back test any of these supposed “best” forex trading systems that you see in forex forums. You know, the ones with 20 moving averages on your screen and a few oscillators below it. When you back test it, doesn’t it look absolutely phenomenal? This is basically false advertising.

Do yourself a favor and test it in real time conditions. You’ll notice something very interesting. Whenever you see a big move happen, it always takes these indicators a few bars to catch up to the move. So if you are just taking a quick glance at it in hindsight, it looks like an amazing trade. But when traded in real time, you basically missed most of the move.

The great thing about trading price action and why I consider it the best forex trading method, is that it you can forecast with it. It predicts future movement. You can spot patterns that get repeated over and over again. Once you spot them, you’ll never believe how many times you missed them. They were happening right under your nose.

If you’re still struggling to learn forex, make sure to check out my website which covers the best forex system reviews

Forex Training - Price Action


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usd forward

Thursday, July 8th, 2010

usd forward
Is it true microsoft is conducting a beta test and paying for it?how to participate and claim this?

People sent my mail asking me to forward it to as many ids as possible and that it will be monitored by Microsoft for 2 weeks and aftr 2 weeks they will ak my bank name and SB A/c No. to which they will transfer money at the rate of USD 245 per mail id I sent, USD 243 for those who forwarded it again, etc. About a month ago, I sent to atleast 100 Mail IDS but nothing happened. Many people have done it and are awaiting results. Is it true or falst they Microsoft has done it. Please clarify.

This is not true

CRAVEN-1.MOV


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usd forward

Thursday, April 1st, 2010

usd forward
Fib Line First…Price Action Second
Student’s Comment: Daily GBP/USD. I would look to get short if price tested the 38.2 level again, but only with candle stick confirmation.
steercom: Checking out the future in Silicon Valley - Testdriving a battery-powered sports car


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