Showing posts with label market. Show all posts
Showing posts with label market. Show all posts

5 Questions About Expert Advisor

Sunday, April 5, 2009

What do you know about Expert Advisor?
What happen if you trade manually?
What is the benefits of using EA?
What is the current market price for EA?
Where can I get an affordable EA?

P/s: Expert Advisor also known as EA.

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Why Forex Is Not Easy?

Monday, February 23, 2009

Theoretically, forex trading is very easy, perhaps the easiest 'gambling' platform in the world, with 50/50 chances of winning. However, forex trading is not a gambling platform, but a business. Specifically for me, I'm not sure whether market is moving against me or it's me who trade against the market. The problem is when I buy, the market is bearish. I do trading the trend, but it's not easy to fight psychological attack. This is the biggest challenge in forex trading. The winner in this business is the one who can exploit the greed and fear of the market.

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Introduction to Stochastic Oscillator

Tuesday, January 27, 2009

Stochastic oscillator is a very good forex technical indicator. It is very useful to determine whether uptrend or downtrend is about to over. As I always did, I jump into the market to trade the trend when the trend is about to over. Now, that this indicator is taken into consideration, the risk of trading the useless trend is very minimal. With Forex Power Trading System paired with Stochastic oscillator, I feel more confident to trade forex.

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EUR/USD Is Getting Bumpy

Wednesday, January 21, 2009

Euro is stronger against USD, which produce a strong bearish trend early this week on 30M time frame. I can easily turn 1000 into 5000 in two days using 1 standard lot for each trade. However, false signal wiped out the profits. We have no idea where the market will move. The pair is bumpy at the moment. It is good to avoid any short term trade for this pair at the moment.

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