Wednesday, September 08, 2010

Archive for May, 2008

5 Tips to Follow for Successful Forex Trading

Last Updated on Thursday, 29 May 2008 01:39 Written by admin Thursday, 29 May 2008 01:39

There are two basic exchanges for investing and trading currencies --- the currencies futures market and the Forex market. Though they both operate based on the same underlying premise, namely exchanging one currency for another in order to make a profit. However, there are some basic differences. The Forex market is best known for its three key features: 1. High volume of trading 2. Extreme liquidity 3. Being available 24 hours a day (except weekends) Unfortunately, not every investor or trader... Detailt »»

Tags: , , , , , , , , , , ,   |  Posted under Autos, Forex  |  No Comments

Moving Average Convergence Divergence (MACD) Momentum Indicator

Last Updated on Thursday, 29 May 2008 01:38 Written by admin Thursday, 29 May 2008 01:38

The MACD is a great trending indicator that can be used for many daytrading strategies. A bullish market is indicated by the faster-moving average crossing the slower-moving average on the way up. A bearish market is indicated by the faster-moving average crossing the slower-moving average on the way down. On top of that, the MACD has different periods for the fast- and slow-moving averages. The typical default MACD periods are 8, 17, 9 or 12, 26, 9. The MACD is based on three moving averages, however,... Detailt »»

Tags: , , , , , , , , , ,   |  Posted under Forex  |  No Comments