KNOW YOURSELF

1.     THERE IS NO "ONE SIZE FITS ALL" best way to trade the markets. Some of us are better suited for

2.     short-term trading; others better for long-term trading.

3.     One of the first and most important steps you, as a trader, must take in order to be successful is

4.     to know yourself. You must be realistic about what you can and cannot do. You must be aware

5.     of your ingrained conditioning as well as any strong personality traits. You must accept your

6.     tolerable risk levels as well as your profit desires. In other      words, you must know yourself.

What is Forex

The word "Forex" means short foreign exchange market or the global stock 

of foreign money which fits to the word "FOReign EXchange market" in the 

English language. And be speculation by buying and selling major 

currencies, which holds the basic share from operations in the forex 

market is the U.S. dollar (USD) (base currency) and the euro (EUR) and the 

THE SMR TREND/MOMENTUM INDICATORS (The "SMR Lines")

W E HAVE ACCEPTED THAT WE, AS INDIVIDUAL TRADERS, cannot compete in terms of complexity;

therefore, we need to keep everything as simple as possible. A simple way to measure trend and

momentum is to use three time periods: short term, intermediate term, and long term (short

term meaning days, intermediate term meaning weeks, long term meaning months.)

How do we make good trading property

Ask most NEW traders, and they will tell you about some moving average or combination of indicators or a chart pattern that they use. This is, as the more experienced trader knows, an entry point and not a

strategy

Forex The Future Investment

advantages over the various other ways of investing. First of all it is a 24 hr market, except for weekends of course.You have the US market then the european and then the Asian. One of the great times to trade is during the over lapping periods.The USA and european overlap between 5am & 9am eastern and the Euro & Asian between 11pm & 1am eastern. 

DIVERGENCES BETWEEN PRICE AND SL

A PRICE/MOMENTUM DIVERGENCE OCCURS WHEN the paths of the price and a momentum

oscillator diverge, i.e., move differently from one another. Both price and momentum oscillators

move up and down. In this up-and-down movement periodic highs and lows are made. Naturally,

these periodic highs and lows are only clear afterward;however, once clear they can then be compared

to a previous high or low as to whether they are higher or lower. A price/momentum divergence

CONTROLLING RISK (LOSSES)

An individual trader, regardless of how small a percentage of net worth is committed to trading,

has to operate on the basis that his or her trading capital is limited. When capital is limited, the

first focus has to be on risk, with the first objective survival.

The first step to ensure survival is to not allocate too much trading capital to any one trade. A

good way to do this is to establish "personal position limits" for each market (meaning maximum

CONCURRENT MODE . CROSSCURRENT MODE

OK, HERE IS WHERE WE ARE. We acknowledge we cannot compete if the competition is based on

information and knowledge of supply/demand; therefore, we will waste no time or effort trying

to do so We see that one truth (the first natural law) of trading says the future is unknown;therefore,

we will not waste time and energy trying to see into this unknown future. In other words,

BASIC TRADING RULE OF THE "THREE-POINT SYSTEM"

1 ~ If the trend is up and the point total is plus two (+2) or more, then the trend/momentum

"Status" is "Bullish." A Bullish Status means that a clear majority of our reasonably reliable

trend/momentum indicators are pointing up and so the odds for the immediate future favor the

price moving up. Therefore, when the Status of a market is Bullish, long positions are justified.

ANTICIPATING THE TREND LINE

A "moving" average is simply an average that is continuously recalculated. A 50-day moving average

of a price is an average of the past fifty days of closing prices that is recalculated daily. To roughly

recalculate this moving average, simply compare the price you are adding to the moving average

(i.e., today's closing price) to the price you are taking off (i.e., the price ten weeks ago). If the

new day is higher than the old one, the moving average will move up (i.e., uptrend), if lower it

AGAINST-THE-TREND TRADING RULES

First, be much more selective getting in. Second, be much, 
much less selective getting out. Third,

trade smaller quantities. And fourth, never, never add to a loser. However, the fundamental problem

with these against-the-trend trading rules, as sound as they are, is that in real life they are

extremely difficult to follow. When you trade against the trend you will always be getting in at

an attractive price [based on recent history); therefore, if the price does move in your favor, you

will begin to wonder if maybe the major trend might be in the process of turning. Next you will