Posts Tagged by trader
8 Trading Rules
| March 1, 2009 | Posted by admin under Intro to Trading |
These are the 8 Rules of “Carney” from the book “Ugly Americans” by Ben Mezrich (published by Harper Perennial). They are pretty good so I thought I would reproduce them here. Check out the book, it isn’t too bad. Not as much trading material as I was hoping for but still an entertaining read. 1.…
How to Use the Free Forex Signals
| January 29, 2009 | Posted by admin under Day Trading Ideas |
-I definitely have short term day trader blood in me, this means I am looking for relatively quick gains. Thus the trades I look for are at levels where I expect movement to happen quickly in my favor. This sometimes has a slingshot effect in the opposite direction, especially at the market open. For this…
EUR/USD signals
| January 28, 2009 | Posted by admin under Day Trading Ideas |
The following are signals for the European session and may run into the US session for January 28. Yesterday saw signals on both sides of the market fail as no definable trends developed. In the current short term range be cautious of taking large position until a trend has reemerged. BUY at 1.3271. Stop=1.3221. Profit…
Million Dollar Traders By Harvey Walsh
| January 27, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
There’s a great show on British TV – Million Dollar Traders. There are two very important lessons that every trader must understand, that have been perfectly illustrated in this documentary, and I want to discuss those here. Any trader who doesn’t understand these lessons is doomed to fail, just as many of the traders in…
EUR/USD Free Forex Signals
| January 27, 2009 | Posted by admin under Day Trading Ideas |
The following signal can be used for the start of the European session but may lead into trades during the US session for January 27. BUY at 1.3245. Stop=1.3190. Profit Target=1.3345, 1.3400, 1.3450. SELL at 1.3189. Stop=1.3245. Profit Target=1.3155, 1.3115, 1.3030 Some trades like to pull in stops, others like to leave trades as is. …
EUR/USD Signals
These signals are for the European session. Please read the How to Use the Free Forex Signals post before using these signals. Sell at 1.2870. Stop 1.2920. Profit targets=1.2800, 1.2710