Forex Tips – Buy The Dips And Sell The Rally
I bet you have heard of the statement “The Trend Is Your Friend”. From this statement alone, you should understand the importance of trading in the direction of the trend. However, not many people really know how to trade in the direction of the trend. Therefore I decided to write this post to elaborate more [...]
Retail Sales Release – The Dollar Value of Merchandise Sold
The retail sales report is released by the U.S. Census Bureau every month on the 13th day, or on the nearest date if the 13th is a holiday. The report covers the previous month’s developments, and is anticipated eagerly by both economists and traders.
The data included in the release is calculated from the Dollar-value [...]
Philadelphia Fed Survey – The Philadelphia Business outlook survey
The Philadelphia Business outlook survey is conducted by the Federal bank of Philadelphia on the 3rd Thursday of each month at around 12 pm EST. It is conducted in a way similar to the ISM’s PMIs. Major industries in the region are given questionnaires, and their answers are then gathered to create a diffusion index. [...]
How To Trade Market That Is Moving Sideway
There are 3 ways the currency market can move namely UP, DOWN and SIDEWAY. If the price is moving in a particular Trend, it will be easy to trade as going with the trend is one of the most profitable ways to make money. However when the market moves into sideway movement, it can be [...]
4 Hour Forex Trading System – My Exact Set-Up
The only drawback to running a forex blog is that you are constantly being bombarded with lots of questions, and some of the most common questions I receive relate to my 4 hour trading system. So in this first post of 2010 I thought I would share with you my exact trading set-up.
You can find [...]
