Forex Signals

Born in Dublin, Ireland, in 1856, George Bernard Shaw grew to become one of Great Britain’s greatest and most controversial playwrights. Shaw’s father, a corn merchant, was an alcoholic and therefore there was very little money to spend on George’s education. George went to local schools but never went to university and was largely self-taught. He was [...]

After a decade of sustained and rapid growth, the retail foreign exchange (Forex) market is seemingly entering the phase of consolidation. Japan, which used to have the top place globally with estimated USD 65B per day turnover is estimated to have come down to USD 35B/day. The decline of Japan market does not represent the [...]

How to set up your charts for price action trading on MT4 –

 
Being one of the most commonly used charting platforms for spot FX trading we’ll focus on Meta Trader 4 for this tutorial. Being such a versatile platform, MT4 allows traders a variety of options in the way they can lay their charts out. [...]

No indicator can give all correct signals all the time and hence continuous refinement in the strategies to use an indicator is a must to avoid as many false signals as possible. Getting a few signals which are good is always better than getting a lot of signals of poor quality.
Moving average convergence divergence or [...]

USDJPY stays in a trading range between 76.60 and 77.32. Lengthier consolidation in the range would likely be seen in a couple of days. Key resistance is at 77.32, a break above this level will confirm that the fall from 78.21 had completed at 76.60 already, then further rise to test 78.27 resistance could be [...]

It’s just a correction folks, keep walking, nothing to see here. The uptrend is still intact.

But for your doubters, let’s take a closer look.
The first view is the “market memory” or “lookback” – just two words that mean the same thing that I use to describe when I my chart view includes the complete amount [...]

Before developing a trading strategy, traders should be familiar with event risks that heavily impact the Forex trading market. During normal market conditions, shifts in government policy along with economic developments tend to drive market action, and being able to identify the key event risks can help avoid being on the wrong side of the [...]

As forex traders, we are constantly looking for any edge we can get in the marketplace.  Using the charts is one way that traders look for predictive behavior in the price action of any currency pair.  But sometimes, there are more simplistic tactics that can provide equal results.
Case in point, today’s action on GBP/USD.  This [...]

It’s surprising to see so many novice and experienced traders paying little attention to the importance and benefits of keeping a trading journal or log. To the majority of novice traders and a handful of experienced ones, keeping a journal is probably one of the simplest ways to improve their profitability.
A trading journal allows [...]

Dec. 17, 2011 (Allthingsforex.com) – Following the Fed’s decision to keep the monetary policy status quo, the week ahead will bring a sequence of U.S. housing and economic growth data, which could instill further confidence in the resilience of the world’s largest economy and could fuel a Christmas rally (provided the headlines from the EU [...]