World Economy, Markets, Trading Signals
What Are Forex Trading Systems? A Forex trading system is a set of rules which are aimed to ensure that you are trading in a way that is free of bias and the influence of emotion. Most beginner traders will look to learn a forex trading system whereas more experienced traders will eventually move to…
Elliott Waves Short Introduction: Ralph Nelson Elliott in the “Wave Principle” discovered that crowd behaviour trends and reverses in recognisable patterns. The Fibonacci sequence is the mathematical basis for Elliott Wave analysis. The market progression unfolds according to a basic rhythm or pattern of five ways up (impulsive phase) and 3 waves down (corrective phase)…
The good news turned out to be continued in the trading signals of Forex Art that after the clear win of the previous week we were absolutely justified in the two buy signals in GBP and US Dollar last week with profits: +298 pips in the Gbp/Jpy pair (Buy @ 163.96 Exit @ 166.94) and…
236 pips (+1.75%) is the profit from last week’s trade setup in the Usd / Cad pair (Sell @ 1.3479 on 4/11 – Closed @ 1.3243 on 11/11). As you can see in the renewed Forex Art trading signals two new positions are already on in the $FOREX market. We have two buy signals in…
With three new trading signals we will welcome the new week which is also the last of October, a month that has not gone well for us so far. Specifically, I am a buyer in the pairs Gbp/Jpy and Cad/Chf and I sell Aud/Nzd. You can always follow the progress of Forex Art on the…
Iran nuclear talks and EU embargo on Russian oil fuel oil supply concerns The price of oil is moving higher in international markets today, as talks on Iran’s nuclear program face obstacles while an embargo on Russian oil draws closer by the day.These two reasons are further reducing the supply of black gold which is…
A small search on the internet is enough to find dozens of articles that describe the essentials that a trader must have (or if he doesn’t have, make sure to acquire) for a successful course in this demanding “sport” called trading, whether we refer to in forex, or in commodities, in stocks and in general…