Forex Trading - Moving Average
0Moving average is one of the most popular and easy to use tools available for doing technical analysis. It means the average price of a currency over a specified time period (the most common being 20, 30, 50, 100 and 200 days), used in order to spot pricing trends by flattening out large fluctuations. Moving average data is used to create charts that show whether a currency’s price is trending up or down. They can be used to track daily, weekly, or monthly patterns. Each new day's (or week's or month's) numbers are added to the average and the oldest numbers are dropped, thus, the average "moves" over time. In general, the shorter the time frame used, the more volatile the prices will appear, so, for example, 20 day moving average lines tend to move up and down more than 200 day moving average lines. There are four different types of moving averages: Simple (also referred to as Arithmetic), Exponential, Smoothed and Linear Weighted. Moving averages may be calculated for any sequential data set, including opening and closing prices, highest and lowest prices, trading volume or any other indicators. It is often the case when double moving averages are used.
The only thing where moving averages of different types diverge considerably from each other is when weight coefficients, which are assigned to the latest data, are different. In case we are talking of simple moving average, all prices of the time period in question are equal in value. Exponential and Linear Weighted Moving Averages attach more value to the latest prices. The most common way to interpreting the price moving average is to compare its dynamics to the price action. When the instrument price rises above its moving average, a buy signal appears, if the price falls below its moving average, what we have is a sell signal. This trading system, which is based on the moving average, is not designed to provide entrance into the market right in its lowest point, and its exit right on the peak. It allows acting according to the following trend: to buy soon after the prices reach the bottom, and to sell soon after the prices have reached their peak. Moving averages may also be applied to indicators. That is where the interpretation of indicator moving averages is similar to the interpretation of price moving averages: if the indicator rises above its moving average, that means that the ascending indicator movement is likely to continue: if the indicator falls below its moving average, this means that it is likely to continue going downward.
Forex Research & Commentary
0 With a 24-hour streaming news feed, professional forex research and live market commentary, you’ll always be up-to-date on important economic events, price movements and market developments
Intraday Commentary | |
FOREX Insider | |
Daily & Weekly Reports | |||||||||||
Daily Technical Analysis Report | |||||||||||
Strategy of the Day | |||||||||||
The Week Ahead | |||||||||||
The Weekly StrategyForex Charts
|
FOREX. UK Ltd
0is a trading name of GAIN Capital - FOREX.com UK Limited, a subsidiary of GAIN Capital Holdings, Inc. GAIN Capital is a global leader in foreign exchange trading, serving retail and professional clients in over 140 countries worldwide through its direct and partner brands, and supporting average trade volume of nearly $200 billion per month.
With FOREX.com UK, you have 24 hour access to the global foreign exchange market, plus powerful charting tools, expert market research and commentary, and advanced forex trading tools. We also offer a wealth of education and training, covering everything from getting started in forex to understanding technical analysis and developing a trading strategy. Register for a practice account today to see for yourself.
Account Funding
0CREDIT CARD | |
Simply log in to MY FXCLUB, click "Deposit Funds" and input your card information and your funds will appear in your account in minutes. A processing fee of 2.24% to 2.59% will be charged to your Visa or Master Card, depending on the card. Deposits made with Discover Cards will not be charged a processing fee. If you deposit before the closing of a weekly trading session, the money will reach your account immediately, as long as your transaction clears. The end of the weekly trading session occurs at 21:00GMT on Fridays, except for holidays. LOGIN TO MYFXCLUB | |
| |
ONLINE CHECK | |
Forex Club's US customers now have the option of depositing funds into their account via ONLINE Checks. All you need is to fill out an easy Online Check Form. *Please note that check transactions are deposited to accounts only after they clear our bank. | |
| |
BANK WIRE | |
Funds sent via bank wire will be deposited to your trading account as soon as they reach our bank. Forex Club does not charge any fees, but it is not responsible for any fees charged by processing banks. | |
| |
MONEY ORDER | |
Money Orders are the one of the safest ways to send your funds through the mail. Money Orders can be sent to Forex Club Financial Company, 1200 South Ave. Suite 203, Staten Island NY 10314. Click to see how to write money order |
Saturday, November 21, 2009
TRADING THE DAILY CHARTS
0
Due to restricted time and Internet connection that I have now, I have opted to trading using the daily charts.Its not as aggressive and thrilling as trading on the shorter time frame but the result is about the same minus the headache. I'm beginning to like daily trading. I need to make decision once in a while and the rest of the time I just hold my position.On a daily chart, the candlestick is much easier to read and pattern is much clearer. On 13th August I opened 3 position. 2 of which is still holding while 1 has been closed. At the moment all position are in profit.Daily trading is not for everyone. It took me sometime to adjust on the requirements of daily trading, but once you are there you never look back.Till next time, good luck everyone
FOREX EDUCATION
0Special Forex Education Reports
Special Forex Education ReportsI have just completed 2 special reports that are now available on my website. A lot of you readers seem to enjoy when I am ranting and raving about the global economy and how it relates to forex and trading.Well I have taken those topics and created 2 FREE editorials.Special Report #1: The Perfect Economic StormAbout the coming change to the global economy and steps we can take today to be prepared to not only survive, but to prosper!Special Report #2: Forex and Your RetirementDiscusses why you should consider honing your forex education skills now and deploy FX trading to expand your portfolio well beyond your retirement date.Just follow the link to FX Trade Central and sign up for our
FREE FOREX NEWSLETTER and you will be included in the mailing for these revealing reports!Happy Trading!
THE WORKING OF FOREX
0FOREX is not centered at one place like the NYSE. The specific hours for FOREX trade are 24 hours a day from Sunday afternoon to Friday afternoon. FOREX transactions can take place at almost any time, anywhere, all over the world. There are FOREX dealers in almost all of the time zones, and it is simple to find them. Many dealers can be found online. All an investor does is decide what currency he or she wants to purchase, contact the dealer, and then makes the purchase. Many investors purchase using a credit line (money they do not have). This is called marginal trading.What is Marginal Trading?Marginal trading is a term used for trading with borrowed capital. FOREX investments can be made without actually having the money. All an investor needs to do is borrow the money for a certain currency. The investor wants to choose a currency that will increase in value quite rapidly. Once the currency increases, the investor pays back the money he or she borrowed and makes sheer profit. This is a high-risk investment, but the rewards are great (as with most high risk investments).Two Types of FOREX AnalyticsFOREX traders often have to analyze the market. Like all investments, FOREX involves a certain amount of calculated risk. Two ways to calculate these risks are though Technical Analysis and Fundamental Analysis.Technical Analysis is based on the idea that trends through history will continue. A FOREX investor will notice that a certain currency is very strong and seems to be rising at a normal rate. The same investor will also suppose that the currency will not decline in value, and will continue to rise, as it has done in the past. The investor then purchases a large amount of that currency and expects to make a profit. This investment entails a large assumption but is relatively safe.Fundamental Analysis is an analysis of an entire countries situation. Investors utilizing this technique look at the situation of the country in which the currency finds its base. Factors such as the countries economic status, political status, and global status are taken into account. For example, a Fundamental Analysis investor would not invest in currency from a country that just overthrew its leader and is in political shambles. Although this investment seems logical, it does not take into account one of the fundamental elements of FOREX trading. FOREX currency values are largely determined by the investors. That being said, Fundamental Analysis assumes that other FOREX traders will view a countries situation in the same way and respond accordingly.
Tuesday, May 19, 2009
CELL PHONE
0WATCH MOBILE PHONE
0
Description:Watch Phone: Unique and delicate appearance, touch screen, BluetoothBand: GSM 900 /1800 /1900 MHz Main LCD: 1.3" INCH, TFT ,26 million colorDimensions:108*49*16.5MM Weight:100g Support Touch panel operation Integrated 1.3 M pixels CMOS build in camera, biggest out size 1280*1024 Ring tone: 64 Polyphonic ,support mp3??midi??wav??wma??amr Internal memory :64M Support MP4,U disk,WAP,GPRS,Video recordingBluetooth available(music, transmit )
LG AREANA
0WATCH PHONE
0NOKIA E 91
0 Description:Size and weight1Height: 4.5 inches (115.5 mm) Width: 2.4 inches (62.1 mm) Depth: 0.48 inch (12.3 mm) Weight: 4.7 ounces (133 grams) Display3.5-inch (diagonal) widescreen Multi-Touch display 480-by-320-pixel resolution at 163 ppi Support for display of multiple languages and characters simultaneously Color
NOKIA E 71
0 Description:Announced with the Nokia E66 on the 16th June 2008, this phone is the successor to the popular business oriented Nokia E61 and E61i. Styled very much like the highly touted Nokia E51, the Nokia E71 has a qwerty keypad like the E61i, but is packaged as a smaller, narrower, more stylish device. Available in two colours: grey or white steel colour as well. Work FlowImprove your work flow with the Nokia E71. Instant push email support delivers your messages the moment they are sent. Setup is simple and a dedicated email key and full QWERTY keyboard help your get your messages out. Dual mode functionality lets you switch between work and personal emails at a moments notice.
Wednesday, April 22, 2009
CELL PHONE
0People in Europe bake valentine buns with caraway seeds, plums, or raisins. People in Italy hold a Valentine's Day feast.
In Britain and Italy, some unmarried women get up before sunrise on Valentine's Day. They stand by the window watching for a man to pass. They believe that the first man they see will be the person they marry!
In Denmark, people send pressed white flowers called “Snowdrops” to their
friends. Danish men also send a type of valentine called a “gaekkebrev”. This is a letter where the sender writes a rhyme but does not sign his name. Instead, he signs the valentine with dots, one dot for each letter of his name. The woman has to guess who the sender was!
BUSINNES
0When you are searching for a printing company, there are three major types out there to choose from. There are those big ones with many branches across states. Then there are those small ones, the kind of mom and pop stores that service the neighborhood. Lastly there are those emerging online printing services that have no store per se, except their website. Each have their own unique advantages and disadvantages that you can exploit when doing your printing tasks. For example, that mom and pop store across town may not be big enough for orders that you can bring to an online printing company, but they can offer you a loyalty discount if you print with them all the time. To know more about these little details we have listed below the advantages and disadvantages of each type of printer.
SALL AND RENT BANK
0You might have purchased a car but after using it for a few years you may think of selling it but the most crucial problem would be you are not getting real worth of it since the market value is depreciating. Think of a bigger picture you are planning to buy a new house so you decided to sell this house in the open market but face another loss. You may be in real trouble now. One of the best ways to get out of this solution is sell your house to a specialist company so that you can get cash quickly and stay in the same house as a tenant. You can stay in the same house for a short term or long term; it depends on your requirements.
Sunday, April 12, 2009
Audi A5
0Spycam: 2011 BMW Series
0The 6-series is the next BMW in line for a redesign, as evidenced by this prototype captured during winter testing in Scandinavi.
Spycam: 2009 BMW Z4
Sightings of the next-generation BMW Z4, which is expected to arrive in early 2009, have increased as of late additional BMW Future Vehicles
Spycam: 2010 BMW 5 Series
Another prototype of the next-generation 2010 BMW 5 Series has been caught, this time while running laps around the Nurburging.
BMW GINA Light Visionary Model: The BMW of the future
BMW has taken the wraps off its GINA Light Visionary Model -- a vehicle the automaker says is not your run of the mill concept.
BMW's Electrified Future: Munich poised to join zero emissions minicar conga line
Despite no official word yet out of Munich, rumors persist that BMW is developing an electric-powered minicar that should be ready by 2012, just in time to meet a California mandate for the production of zero emissions vehicles.
Spycam: BMW X1
BMW's 1 Series-based crossover isn't due to arrive until 2010, but a prototype has been caught by industrious spy shooters.
Oil-Burning Bimmers Beckon: BMW to unveil first U.S.-bound diesels at 2008 Detroit Auto Show
Diesel-powered BMW 3 Series and X5 variants -- the 335d and X5 xDrive35d -- are coming packed with plenty of technology.
Spycam: 2010 BMW 5 Series
The next-generation of BMW's controversial yet popular 5 Series sedan, codenamed F10, has been spotted testing in Germany in heavy pre-production camouflage.
Spycam: BMW RFK/V5/F5
What you see here are the latest spy shots of one of the biggest vehicular enigmas in some time, BMW's upcoming RFK/V5/F5 -- take your pick of monikers, nothing's been confirmed as of yet.
Spycam: 2009 BMW Z4
The third generation of BMW's South Carolina-built sports car (counting the original Z3) is due in 2009.
Spycam: 2009 BMW X6
Think X5 with a fast coupe-like roofline, that's the latest intel that continues to circulate around the upcoming BMW X6, which has just been spied stateside during hot weather testing
Future Bugatti Cars
0Future Cars: Bugatti Veyron, the sequel
Bugatti's next model will be a million-dollar sedan.
First Look: Bugatti Veyron 16.4
After all the rumors, the delays, and the speculation, the outrageous 252-mph Bugatti Veyron 16.4 will hit the road later this year.