Wednesday, 15 September 2010

Currency Day Trading - Fibonacci Trading

Leonardo Pisano (nickname Fibonacci) was a mathematician, born in 1170, in Pisa (now Italy). His father was Guilielmo, of the Bonacci family. His father was a diplomat, as a result Fibonacci was educated in North Africa, where he learned "accounting" and "mathematics".

Fibonacci also contributed to the science of numbers, and introduced the "Fibonacci sequence"

The Fibonacci sequence is the sequence 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, introduced in his work "Liber abaci" in a problem involving the growth of a population of rabbits.

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Currency Day Trading - Japanese Candlestick Charting

Introduction - New Way to Look at Prices

Would you like to learn about a type of commodity futures price chart that is more effective than the type you are probably using now? If so, keep reading. If you are brand new to the art/science of chart reading, don't worry, this stuff is really quite simple to learn.

Technical Analysis - A Brief Background

Technical analysis is simply the study of prices as reflected on price charts. Technical analysis assumes that current prices should represent all known information about the markets.

Prices not only reflect intrinsic facts, they also represent human emotion and the pervasive mass psychology and mood of the moment. Prices are, in the end, a function of supply and demand. However, on a moment to moment basis, human emotions.fear, greed, panic, hysteria, elation, etc.

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Currency Day Trading - The Point and Figure Charts

Point & Figure (P&F) charts are one of the simplest and clearest ways to determining the best time to buy and sell shares. The P&F system represents one of the oldest approaches to share market trading.

This method takes the technical analysts approach while monitoring supply and demand for each share.

And the charts are designed for long-term trading so that the time and cost of trading shares is minimal.

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Tuesday, 14 September 2010

Currency Day Trading - Technical Analysis Mandatory

Technical analysis describes different ways of predicting the future of the stock/futures market based on its history. Unfortunately, technical analysis is not an exact science. Many prominent scientists label it as "voodoo science".

They claim that due to market efficiency, if you use TA to find your entry positions, you're no better off than someone who chooses those positions randomly.

Market efficiency means that all the available information is already calculated in the stock prices, and that you can only guess how the price will behave in the future.

By Zoran Kolundzic
www.eminitradingcourse.com

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Currency Day Trading - The Moving Average

Virtually every trader has dabbled with or experimented with some sort of moving average.

What I want to introduce you to in this lesson is a different sort of moving average cross method, which I have found to be very good at identifying short term trend changes.

As we know a moving average is normally plotted using the close of a bar e.g. if you were plotting a 3 period moving average, then you would add the last three closes and divide the total by three to get a simple moving average.

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Currency Day Trading - Trading With Strategy

Trading successfully is by no means a simple matter. It requires time, market knowledge and market understanding and a large amount of self restraint. ACM does not manage accounts, nor does it give market advice, that is the job of money managers and introducing brokers.

As market professionals, we can however point the novice in the right direction and indicate what are correct trading tactics and considerations and what is total nonsense.

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Monday, 13 September 2010

Currency Day Trading - Pivot Point Trading

A great lesson on Pivot Point Trading.

Using pivot points as a trading strategy has been around for a long time and was originally used by floor traders. This was a nice simple way for floor traders to have some idea of where the market was heading during the course of the day with only a few simple calculations.

Read the full article here.

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