Trade And Money Management
Posted by Online Mom on August 5, 2010
The market can do only three things once you are in trade: fail, go sideways, or follow thru in the direction of the trigger. A professional will have a modest loss on one of those circumstances, make a bit on the second, and bank on the third, for a net profit. A novice on the [...]
Trading Forex With Bollinger Bands
Posted by Online Mom on April 20, 2010
Bollinger Bands are a technical trading tool created by John Bollinger in the early 1980s. Bollinger Bands are a pair of lines representing the upper and the lower trading ranges. On a forex trading platform, when we apply Bollinger Bands for a currency pair, we would see 3 bands (lines); they are the Upper Band, [...]
Trading Forex With The Help Of MACD
Posted by Online Mom on April 6, 2010
Moving Average Converence Divergence (MACD) is one of the many trading tools used to identify the moving averages. This tool will show the forex market whether it is bullish or downtrend. By learning this tool, you will know the forex market of its trend. Please refer to Babypips.com to know more about this. When you [...]
Risk in Trading Forex
Posted by Online Mom on January 10, 2010
Trading forex online is a risky business. The risk does not only lies in you and your trading decision but also the market and the broker. Common mistakes occur are technical problems, fraud and embezzlement. To trade, you have to put in funds to the trading firm. Always test with a mini account before you [...]
More About Parabolic Sars Indicator
Posted by Online Mom on September 25, 2009
According to Author Harold Hsu, Parabolic Sars indicator was developed by J Welles Wilder in 1976. It is often used to select trailing price stops and is commonly referred to as SAR (Stop And Reversal). It is a series of dots that are located either above or below the chart candle sticks or bars. The [...]
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