How To Calculate The Value Of A Pip ! There are many great online calculators that will help you determine the value of a pip, but very few traders can do it on a piece of paper. This is a very short guide that presents you with the formulas you need to calculate the value of a pip, should you choose …
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The Volume in Forex
VOLUME is a piece of important information should be included on the bar chart—volume. Volume represents the total amount of trading activity in that market for that day. It is the total number of futures contracts traded during the day or the number of com-mon stock shares that change hands on a given day in the stock market. The volume …
Read More »Trading Systems
Forex Trading Systems The Trading System is an important tool for every Forex trader. The Forex trader uses the Trading system to expect the movement of the future market. Using a good Trading system is one of the most important rules of success in forex trading beside Money Management. Find Out Free trading systems from here. Most of trading systems are based …
Read More »Follow and trade the trend
Follow and trade the trend Now that we have determined that there is a trend happening, we are going to finally start to trade it. There are a few different ways to take advantage of a trend, let’s look at them… – Support and Resistance The first and most basic method for trading a trend is by using the …
Read More »Confirming The Trend
Confirming The Trend Here is where we get to the goods, the actual techniques used to trade with the trend. The first question you might have is “do we need a divergence setup to trade with the 21 and 55 EMAs”, and the answer to this is no. We are taking advantage of a trend, so I will show you …
Read More »How To Identify The Trend
How To Identify The Trend Here is where things get crazy!Not really, actually this is the simplest part of the entire method. Albert Einstein once said “Make things as simple as possible, but not simpler”, and to that end, here is a good way to identifying if a market is in a trend. Use two Exponential Moving Averages: 21 …
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