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Success Digest For Forex Traders Vol1 - Business - Nairaland

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Success Digest For Forex Traders Vol1 by milky200(m): 8:11am On Sep 22, 2012
Here it is! some of the most valuable trading insights for winning in today tough markets are waiting to be discovered under SUCCESS DIGEST. this is your opportunity to learn from the pros. so get ready to collect the latest strategies and tips on critical topics facing traders today.

Disclaimer
This SUCCESS DIGEST has been written to provide information about Forex market. Every effort has been made to make this digest as complete and accurate as possible. However, there may be mistakes in typography or content. Also, this SUCCESS DIGEST provides information on FX-trading buying/selling Therefore, this success digest should be used as a guide - not as the ultimate source of web hosting information.

The purpose of this SUCCESS DIGEST is to educate. The author does not warrant that the information contained in this digest is fully complete and shall not be responsible for any errors or omissions. The author shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused or alleged to be caused directly or indirectly by this success digest e-forum.

This is most powerful SUCCESS DIGEST indicators ( i also call it GUIDE INDICATORS) that guarantee profit when carefully observed. We ought you as the SUCCESS DIGEST help you to increase your profit margin you should not forget to use your stop plus and be more careful when apply the indicator. Moreover, practice each of the indicator to know which work best for you.

Now seat back enjoy this Free information from pros.
ARE YOU READY!!!
LET GO!!
FIRST!

The market is comprise of the three basic mechanizing Analysis.

Technical Analysis – study of price movement using charts and mathematical formulas
Fundamental Analysis – news, weather, politics, financial data, economic indicators, etc
Sentiment Analysis – bull market or bear (bull is up and bear is down)

Technical analysis: is the study of price movements and uses charts to visualize patterns and data. The theory looks at historical price movements to try to predict future movements. History does tend to repeat itself, but be wary, these price patterns also tend to become self-fulfilling and manifest themselves by just the sheer number of technical traders out there looking for the same data.


Fundamental analysis: is a way of looking at the market by analyzing economic, social, and political forces that affect an asset. It’s the news! The news moves the market faster than any other mechanism, but remember, just because the news is good or bad doesn’t mean it will affect the market. The news has to be unexpected. Some traders say you can get away with only trading the news, but don’t fall into this trap.


Sentiment analysis: gauges market feeling. Yes, the market has feelings. It’s called either bullish or bearish. Bullish means the markets are feeling up (bulls horns go up when charging) and Bearish means the markets are feeling down (bears paws and claws go down when charging). You cannot ignore the markets feelings. No matter what you hear about a certain asset in the news and no matter how clear that chart looks. If the markets are feeling a certain way and don’t agree, that asset will not move in the opposite direction drastically, if at all.

You must learn to balance the use of all three types of analysis. They all interact and impact each other. Here’s a brain buster – fundamental manipulate sentiment, technicals visualize that sentiment and create a framework to base trade decisions.

NEXT SATURDAY... pips factory
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Kely George

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