Long-term trends grow from short term trends. We attampt to determine the short term trends and where they are pointing.
Fx trading isn’t rocket science, but it is still quite complicated. This is why managed forex accounts have been introduced. The dilemma that investors face now is of choosing the best managed Forex account out of the many available.
Evaluating a Managed Fx Account – Fx Trading Tips Read More »
Enhance your trading confidence with this lesson on how the top technical tools  Japanese Candlesticks, RSI and MACD “Guessing or going by gut instinct won’t work over the long run. If you don’t have a defined trading methodology, then you don’t have a way to know what constitutes a buy or sell signal. Moreover, you
Trend Reversal And Trend Continuation Profitable Candlestick Patterns Read More »
By Elliott Wave International
Almost everybody who follows financial markets has heard about climbing the “wall of worry”: the time when prices head up bullishly, but no one quite believes in the rally, so there’s more worry about a fall than a rise.
What’s the opposite condition in the market?
Bob Prechter named it the “slope of hope,” meaning that as prices head down, no one wants to believe the market really has turned bearish, so there’s more hope for a rise than fear of a fall.
Understanding Robert Prechter’s ‘Slope of Hope’ Read More »
The media tells you, falling interest rates are good for stocks. And rising rates are bad for stocks. Yet studies show that stock prices don’t follow the rules consistently. What about market “fundamentals”? Do they drive stock prices?
Tomorrow’s Financial Headlines — Today? Read More »
Goldman Sachs Group this week reminded everyone why it is one of the biggest names on Wall Street. The firm’s first-quarter earnings, released Tuesday, show Goldman netted nearly $3.5 billion. This comes just days after the Securities and Exchange direction sued Goldman for fraud, putting the firm on the defense. Goldman is a polarizing force
Fraud at Goldman Sachs Read More »
Have you ever heard of the Turtle Traders? Maybe not. If not, then read this article to know the amazing story of how novices known as Turtle Traders became millionaires in a matter of a few years trading commodity futures. The story starts in 1983 ! Richard Dennis one of the great commodity traders who
Richard Dennis And His Millionaire Turtle Traders! Read More »
Forex investment is definitely one of the most sought-after investment opportunities in the trading market. There are several investors who focus on this kind of investments. These investors always grab the forex investment opportunity in front of them. But the big question here is why. Why do these investors prefer a forex investment opportunity than other
Why’s Fx A Great Investment Opportunity? Read More »
By Elliott Wave International Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets. To help out Elliott Wave International’s readers
Learn Basics of Elliott Wave Analysis — FREE Read More »
Forex investing has several differences from the more common Stock market. The Stock market is based on the selling of stocks in companies, where as the Forex market is based on the pairings of foreign currencies. The Stock market often requires a long-term investment in a stock, waiting for changes in a positive fashion for
What Should You Know About Forex Investing Read More »
Moving averages are one of the most widely followed indicator in technical analysis.
Simply put, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support — a level where buyers reside.
DJIA’s 200-Day Moving Average: Will the Dow stay above or below this demarcation line? Read More »
