"The best teachers are those who show you where to
look, but don’t tell you what to see."
By Alexandra K.Trenfor.
Thursday, November 27, 2014
Tuesday, November 25, 2014
Friday, November 21, 2014
QUOTE OF THE DAY
"Learning is the only thing the mind never exhausts,
never fears, and never regrets."
By Leonardo da Vinci.
Thursday, November 20, 2014
“YOUR WEALTH IS OUR HEALTH”
HOW DO I GET DISCOUNTS OR FREE FOREX SIGNALS?
It pays to trade with ActivTrades. When you have a trading
account with ActivTrades, you are eligible for discounts and rebates toward the
signal subscription.
Wednesday, November 19, 2014
FOREX THEORY
Channels (Part 2)
Channels are useful because you can
spot breakouts on either direction of the trend. The approach is similar to how
we approach trend lines in that we wait for the price to reach one of the
channel lines and look at the indicators to help us make our decision.
Notice that the MACD was showing
strong bearish momentum as EUR/USD broke below the lower line of the trend
channel. This would’ve been a good sign to go short!
Friday, November 14, 2014
QUOTE OF THE DAY
"There are only two ways to live your life. One is as
though nothing is a miracle. The other is as though everything is a miracle."
By Albert Einstein.
Thursday, November 13, 2014
"YOUR WEALTH IS OUR HEALTH"
WHAT HAPPENS IF I CHOOSE NOT TO CONTINUE AFTER 30 DAYS?
Towards the end of your 30 days, we will e-mail you a
monthly subscription information. If we do not receive a response from you,
your signal will automatically expire and you will NOT be charged again.
Wednesday, November 12, 2014
FOREX THEORY
Channels
Another way to spot breakout opportunities is to draw trend
channels. Drawing trend channels are almost the same as drawing trend lines
except that after you draw a trend line you have to add the other side.
QUOTE OF THE DAY
"Run your own race. Who cares what others are doing?
The only questions that matters is ‘Am I progressing’."
By Robin Sharma.
Tuesday, November 11, 2014
Monday, November 10, 2014
FOREX THEORY
Trend Lines (Part 2)
When drawing trend lines it is
best if you can connect at least two tops or bottoms together. The more tops or
bottoms that connect, the stronger the trend line.
So how can you use trend lines to
your advantage? When the price approaches your trend line, only two things can happen.
The price could either bounce off the trend line and continue the trend OR
price could breakout through the trend line and cause a reversal. We want to
take advantage of that breakout!
Looking at the price is not enough
however. This is where using one or more of the indicators mentioned earlier in
this lesson could help you tremendously.
Notice that as EUR/USD broke the
trend line MACD was showing bearish momentum. Using this information we can
safely say that the breakout will continue to push the euro down and as
traders, we should short this pair
QUOTE OF THE DAY
"I’m a 21st century man. I don’t believe in
magic. I believe in sweat, tears, life and death."
By Kamal Hassan.
Friday, November 7, 2014
FOREX THEORY
Trend Lines
The first way to spot a possible
breakout is to draw trend lines on a chart. To draw a trend line you simply
look at a chart and draw a line that goes with the current trend.
QUOTE OF THE DAY
"If you want something in your life you’ve never had,
you’ll have to do something, you’ve never done."
By JD Houston.
Monday, November 3, 2014
FOREX THEORY
Chart Patterns
By now you should be accustomed to
looking at charts and recognizing familiar patterns that indicate a reversal
breakout. Here are just a few:
·
Double Top/Bottom
·
Head and Shoulders
·
Triple Top/Bottom
For more information check out our
lesson on chart patterns.
In addition to chart patterns
there are several tools and indicators you can use to supplement your case for
a reversal breakout.
QUOTE OF THE DAY
"Anyone who has never made a mistake has never tried
anything new."
By Albert Einstein.
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