What is the Parabolic SAR?
The Parabolic SAR (Stop And Reverse) was developed by J. Welles Wilder Jr. and is described in his book New Concepts in Technical Trading Systems. This is a time/price indicator, first introduced by Wilder and the term…
Where To Place Your Stop Loss
Many traders have a problem defining where they should place their stop loss. They have no problem entering a trade but often have a problem defining where they should take profits or cut their loses. In this…
Trend Lines
Charts reveal the actions of bulls and bears. Support in a market can be defined as the point where the market seems to halt for a time and then continue on in the original direction of the…
Things I learned from Forex
Trading the Forex markets takes a very strict set of disciplines in order to be successful. These disciplines can be learned over time, as they need to be if you plan on trading over the long haul.These…
What time frame makes you the most money?
There is a wide range of time frames to choose from when you are going trade the Forex markets. What determines the time frame you choose often has to do with what kind of time you can…
Why Do You Want To Trade?
You’ve decided that you want to trade Forex.Why?This may sound like a weird question, but the answer to this can literally make or break you. It’s the “why” that can make you successful.Of course you are trading…
Scalper, Intraday, Swing, and Position traders
There are different ways to trade the market, specifically, there are different lengths of time to hold onto a trade. You could call these different trading styles.Some traders like to be in and out in a few…
What is Bid, Ask and Spread
This is a topic that is very confusing for 99% of all traders. The spread itself is very straight forward, but when you get ask about the Bid and Ask of it, you will get a blank…
Orders to Exit the Market
Just like there are orders that get you into a trade, there are orders that can get you out of a trade.There are 2 kinds of exit orders, they are: Stop Loss order Take Profit orderEach of…
Orders to Enter the Market
An order is how you get into a trade and there are 2 ways to place an order to enter the market with your Forex broker.You can place an order that gets you in the market instantly…