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Entries Tagged ‘Eur Usd’

What Time Frame For Forex


It seems that not a day goes by that I am not faced with the question of “what time frame should I use” or “what time frame do you prefer”.
The next most asked question seems to be “what currency pairs should I concentrate on”.
Many traders desire a one size fits all way of trading the [...]

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Forex Trading Guidelines For Newcomers : How To Be A Foreign Exchange Dealer


To be a forex or foreign exchange merchant no longer means you should work for a bank in one of the world’s financial centers. These days you can trade on your own behalf, from anywhere.
Since the ascend of the internet, many persons are carrying out forex transactions from the comfort of thier homes,houses and [...]

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Dollar Guru (Part II)


Understand forex market.Suppose you have the data and calculated the currency correlations of the major pairs. The correlation between GBP/USD and EUR/USD is 0.68. This correlation coefficient means both the pairs move in the same direction 68% of the time.
Get good forex training.USD/CHF and EUR/USD have a correlation coefficient of -0.975 and is pretty close [...]

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Specialize In Trading USD (Part I)


Understand the forex market.If you are a currency trader and focus on the four major currency pairs EUR/USD, GBP/USD, USD/CHF and USD/JPY, then you should consider yourself a specialist in USD. Yes, it’s true! You are a specialist in trading the greenback.Don’t trade without good forex training.
Learn forex news trading.Each currency pair actually comprises two [...]

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Money Management Principles (Part II)


Discover a revolutionary new forex robot. You must read Part I of the Money Management Rules before reading this article. Failure in investing can come in two forms. One is failure to maintain your principle. The second is failure to effectively grow your principle. If you want to become a successful forex trader, you should [...]

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