Forex

Each world currency is given a three letter code which is used in FOREX quotes. The most common currencies are USD (US dollars), EUR (European euros), GBP (United Kingdom pounds), AUD (Australian dollars), JPY (Japanese yen), CHF (Swiss francs) and CAD (Canadian dollars). Prices of foreign exchange are indicated by FX quotes in pairs of currencies. The first currency is the 'base' and the second is the 'quote' currency. In this example: EUR/USD = 1.30363 The currency pair is European euros and US dollars. The base currency (EUR) is always at '1' and the quote currency shows how much it costs to buy one unit of the base currency. In this example, 1 EUR costs 1.30363 US dollar. Or it costs 1.30363 US dollars to buy 1 euro. When the price of the quote currency goes up it indicates that the base currency is becoming stronger one unit of the base currency will buy more of the quote currency. If the quote currency falls, however, the base currency is becoming weaker

In the 13th Century, an Italian mathematician named Leonardo Fibonacci made a remarkable discovery: Rabbits, when placed in an enclosed area for one year, will reproduce a new pair of kits in a very precise, repetitive pattern. 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. Aside from this sequence of number where every next number is the sum of the proceeding two, 0, 1 (0+1), 2 (1+1), 3 (2+1), 5 (3+2), 8 (5+3), 13 (8+5), etc. There are the "Fibonacci ratios".. By comparing the relationship between each number, and each alternate number, and even each number to the one four places to the right, we arrive at some fairly consistent ratios.. The important ones are .236, 50, .382, .618, .764, 1.382, 1.618, 2.618, 4.236, and for good mea

Ada 5 waktu yang bagus : 1. Jam 9.00 am Pagi. Waktu yang bagus untuk trading online bagi anda yang sedang bekerja di Kantor. Stamina anda masih segar bugar, pikiran anda masih Fresh. Sebelum trading, baca - baca dulu info market news hari ini di bbc.co.uk , yahoo.com.au atau berita online di reuters. Baca berita pembukaan forex dari sydney Australia. Sambil mengerjakan Tugas anda, trading andapun juga berjalan lancar. lebih bagus lagi sediakan secangkir kopi susu di meja kerja anda. mm.... sruput kopinya, sedaappppp 2. Jam 12.00 - 1.00 PM / Siang. Market sedikit aktif , dimana bursa tokyo sedang bergairah. Amati pergerakan USD / JPY atau EUR / JPY dan GBP / JPY, lakukan trading disaat anda mau makan atau setelah selesai makan siang. Kalau perut kenyang, enak aja trading khan ? Jangan lupa chat atau lihat forum forex untuk belajar lagi lebih giat. 3. Jam 3.00 pm - 4.00 pm Sore. Para pakar trader sedang semangat dan menggoyak market secara kuat, pergerakan chartting begitu agresif. Hal i

by: cobraforex I found the THV setup very easy to observe and to work with and started to get everything together on the MT4 platform in october 2008. There is not too much left from the first chart of Turhovach, we added the THV Trix indicator which is the heart of the final product. The main V4 rules: Entry: Above Coral only long, below Coral only short Price crosses cloud - both Trix cross each other and have the same color. Best and most secure trend confirmation is a cross of the fast Trix on the zero level. Exit:Faster Trix changes color and/or touch of a known good resistance/support level. Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 - 20 - 50 - -80) or a black cat that cross your screen Stop Loss: please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair

The original idea behind this thread, a good trader said to me that the first retracement is the best trade. The first higher low/lower high. These retracements provide good opportunites to enter into a move with a relatively small stop loss. A hl/lh confirms a test and failure to follow through at a certain level. There are several trades to consider: 1)Higher lows and lower highs at extremes from 5 min (also known as 1 2 3 tops/bottoms) are great trades. I want to see some supporting information from the 15 min chart and for the turn to be at a key level ie pivot, round number etc etc. Whilst some entries will be at the point 3 we do look to enter on the X ie the break higher after the first positive close in hl move OR the break lower after the first negative close in lh. Below is the 123 reversal when the price fails to make a lower low or higher high 1. trend line broken (I don't use TL's) 2. lower high in an uptrend, or a higher low in a downtrend. 3. break below the prev