Trading Strategy Articles –
Successfully trading the forex market on an intraday basis requires precision and a very careful selection of trades. The enormous scope of the trillion dollar, 24 hour, globe spanning fx market presents a miriad of opportunities for the short term trader – however a day trader in this market must be aware of certain inherent
By Dr Mircea Dologa, MD, CTA pitchforktrader.com The Action & Reaction Lines concept was kept secret from the crowd for many years. If you browse through the technical analysis literature one can see that this topic was rarely treated. This well kept secret represents a real mystery. The first to mention this concept was Roger
The Carry Trade strategy in forex trading involves buying a high yielding currency and selling a lower yielding currency. In doing this you will capture the interest rate differential. For example if the New Zealand Dollar has an interest rate of xx and the Japanese Yen has an interest rate of xx. If an investor
Famous commodities trader Richard Dennis was having an ongoing debate with his friend and business partner Bill Eckhardt about whether great traders are born or made – whether it is possible to teach the ability to trade successfully. While Dennis firmly believed that trading abilities could be broken down into a quantifiable system of rules
Ironically, many of the most spectacularly successful trades of all time were made of one of the so called ‘black’ days, where the market saw a huge decline. Black Monday refers to Monday, October 19 1987, when the Dow Jones Industrial Average (DJIA) fell 22.6% – the second largest one day decline in recorded stock