Showing posts with label Traders Trick. Show all posts
Showing posts with label Traders Trick. Show all posts

Monday, May 3, 2010

Earn Huge Sums Trading Currencies

Foreign exchange (currency or forex or FX) market exists when one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments and other institutions and financial markets. The average daily trade of global currencies and related markets in the United States currently exceeds U.S. $ 3000000000000.

You as an individual can finally get a piece of cake, from high technology to reduce transaction costs to near zero, your trading platform you can make a deal (they seam very difficult to understand, but after a little practice, are straight) should be examined on it
eToro

Saturday, April 24, 2010

What is The Law of Charts?

The Law of Charts was discovered by Master Trader Joe Ross. As he likes to say, "It was there all along. It just happened to fall on my head much as the law of gravity was discovered when an apple fell on Isaac Newton’s head."The Law of Charts defines four basic formations known as 1-2-3 lows and highs, Ross hooks, trading ranges, and ledges. These occur in all time frames because the depict human action and reaction vis-à-vis price movement.What makes these formations unique is that they can be specifically defined. The ability to formulate a more precise definition sets these formations apart from such vague generalities as "head and shoulders," "coils," "flags," "pennants," "megaphones," and other such supposed price patterns that are frequently attached as labels to the action of prices.A 1-2-3 high or low comes at the end of a trend or swing.