How many candlesticks would comprise the beginning of an uptrend/downtrend in forex trading?
Posted on : 23-04-2007 | By : Chief White Halfoat | In : Investing
Where can I learn more about Forex?
Posted on : 17-04-2007 | By : Chief White Halfoat | In : Investing
FOREX Training Video | London Session August 15, 2008
Posted on : 14-04-2007 | By : Chief White Halfoat | In : Education
It’s been a fantastic long term trending week for the USD. On the GBP/USD we were only 150 pips or so away from long term visual support we had identified months ago at 1.8512. As London began we found ourselves in a simple price trap with lower high’s and no lower lows. All that was needed was a little patience awaiting the break and a plan of attack. Whether you took the actual break, or the Fibonacci retracement after the break, you were rewarded with a rather painless 130 pips or so. If …
Can anyone recommend a forex system that the use and trade?
Posted on : 10-04-2007 | By : Chief White Halfoat | In : Investing
While trading forex, how do you know if your broker isn’t tracking or manipulating your positions?
Posted on : 09-04-2007 | By : Chief White Halfoat | In : Investing
Like I read in one of the forums that when you trade forex your broker’s networks are the ones who create your data feed and the chart you see. So if he can ’see’ my trades, won’t he try to track and ‘manipulate’ them in some way? I’m really new to FX but curious to understand how the trading jungle functions.
What is the ideal capital to open a mini forex account?
Posted on : 06-04-2007 | By : Chief White Halfoat | In : Other - Business & Finance
I plan to open a mini account with USD800. what leverage should i use? do i have the right to choose the leverage i want? i plan to start small….1:2 or 1:3.
i had played a demo account for 2 months. Current P/L is USD866.91 with USD3000 account. But i’m not sure what leverage i’m using.
i need to know wether i can choose the type of leverage each time i go trading.
Forex Video | New York Session Review | October 21, 2008
Posted on : 04-04-2007 | By : Chief White Halfoat | In : Education
The downtrend on the yen crosses, which had started at yesterday’s London open, stalled at key support pivot points soon after the open of US equity markets during today’s New York session. The subsequent pullback in the downtrend provided fresh opportunities to buy the Japanese yen across the board. We used pivot points, currency correlation and inter-market analysis to identify a short trade entry on the EUR/JPY. Traders who took profit at the London close netted a solid 180 pips. …






