Monthly Archives: August 2012

Foreign Currency Trading: Some traits which lead to loss

Foreign currency trading is a delicate skill to master. It requires a heavy quantity of self control, restraint, dedication and the ability to say ‘No’ to your inner instincts. Unfortunately, human nature is designed in a way which doesn’t really … Continue reading

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Forex Technical Analysis EURJPY 6 August

Forex Technical Analysis EURJPY 6 August Today I discuss a potential sell on EUR/JPY.  We have a rejection off of the upper slope as well as a close below the Sunday gap.  We also have a convergence of price levels … Continue reading

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Support and Resistance

Support and Resistance Support and resistance are normally discussed within the context of supply and demand.  Supply and demand is the fundamental principle of economics.  The law of supply and demand is pretty easy to grasp.  If demand increases relative … Continue reading

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Forex Fractals

Forex Fractals To the inexperienced trader, the financial markets seem to move randomly.  In contrary, a compleat trader can see the order amongst the randomness.  Whether or not it is conscious, this is accomplished using Forex Fractals analysis.  Fractals are … Continue reading

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Fibonacci Retracement

Fibonacci Retracement Introduction In my opinion, I believe that Fibonacci Retracement is the most incorrectly used method on the market.  Maybe I should rephrase that.  I believe that most Fibonacci methods are over-simplified.  They are not used to its full … Continue reading

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