No one starts investing in the stock market with the hope of losing money. Of course, it is our goal as investors to make financial gains and have our money work for us. However, many of us begin investing online with little or no real knowledge of how to invest safely and strategically. It is [...]
FOREX Training | FOREX Trading – December 13, 2006
November 29, 2008 By 4 Comments
The FOREX market was pointing down just before the New York open, but it would have been dangerous to short just before Retail Sales data was released. Sure enough, it gave the dollar strength and the EUR/USD fell. Support was estimated at 1.3200 and held several times… even on the retest after a pull back. [...]
FOREX Training Video – October 27, 2006
November 27, 2008 By 5 Comments
Fibs and pivots really came together today. They helped with direction, entry and exit. What more could a FOREX trader want? We traded GDP technically, even though its a fundamental annoucement. We used 5 minute candles to identify support and resistance, then traded the high probability breakout. Price busted through the fib extensions and then [...]
FOREX Trading | FOREX Training – November 8, 2006
November 23, 2008 By 5 Comments
The day started with a great USD trade and ended with a great CAD trade. A good day indeed. The market must have read the textbook! We waited and waited for confirmed currency correlation between the majors with a break of the 200 EMA across the board. Pivots and Fibs helped find the target. The [...]
FOREX Trading | FOREX Training – Nov 17, 2006
November 21, 2008 By 2 Comments
FOREX Training | FOREX Trading – December 5, 2006
November 10, 2008 By 5 Comments
The forex uptrend was still in place, but showing signs of weakness. Retracement is becoming more and more possible. MACD Divergence, rejection at a Reversal Pivot Point, a 61.8% Retracement and a Triangle break eventually all pointed down. Target was the 138.2% Fibonacci Extension which over lapped with a Support Pivot Point. Duration : 0:14:27
FOREX Trading | FOREX Training – January 29, 2007
November 7, 2008 By 3 Comments
Todays NY open was lower that Friday’s high and higher than Friday’s low. Our trading day was engulfed by the last. This was a warning to aggressive traders that the market was not going to do much today. Up or down? The Flag Pattern was a big clue… Live FOREX Training | Everyday! http://www.fxbootcamp.com Duration [...]
FOREX Trading | FOREX Training – November 7, 2006
November 5, 2008 By 4 Comments
Today is election day in the USA. Not a typical day. Be careful, this means that our normal analysis may not work as well. Look for several confirmations before jumping in! Today we saw a triangle break, a fib break, a brief retracement and boom… a continuation to the 261.8% fibonacci extension. Full currency pair [...]
FOREX Trading | FOREX Training – November 22, 2006
November 3, 2008 By 23 Comments
It was a fast moving forex market today. Such momentum will break forex reversal pivots, but give you great opportunities to use them as entry points. Fibonacci forex extensions were simply awesome, giving us a range of 161.8% to 261.8%. Happy Thanksgiving everyone! FOREX, forex, forex: Isn’t forex great! Live FOREX training | Everyday! http://www.fxbootcamp.com [...]
FOREX Training Video – October 5, 2006
November 1, 2008 By 2 Comments
BOE has just annouced their will not raise interest rates. Believe it or not ECB is just about to release their interest rate decision. Big FOREX news back to back! How do you trade this? Use simple support and resistance to identify a breakout and makret direction, then trade the next lower low or higher [...]