FOREX THEORY

/  January 23, 2015
#forex #trading #elliottwavetheory How to Detect Fakeouts Breakouts are popular among forex traders. It makes sense right? When price finally “breaks” out of that support or resistance level, one would expect price to keep moving in the same direction of the break. There must
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QUOTE OF THE DAY

/  January 23, 2015
#quoteoftheday #forex "When you do what you fear most, then you can do anything." By Stephen Richards.
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QUOTE OF THE DAY

/  January 22, 2015
#quoteoftheday #forex "We may not be able to erase our past, but we can always change our future." By Dwayne ‘The Rock’ Johnson. .
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FOREX THEORY

/  January 21, 2015
#forex #trading #elliottwavetheory Relative Strength Index (RSI) (Part 2) However, RSI is also good for seeing how long a trend has been overbought or oversold. A common indication of whether a market is overbought is if the RSI is above 70. On the flipside,
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QUOTE OF THE DAY

/  January 21, 2015
#quoteoftheday #forex "My pain may be the reason for somebody’s laugh. But my laugh must never be the reason for somebody’s pain." By Charlie Chaplin.
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#forex #trading #video 
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QUOTE OF THE DAY

/  January 20, 2015
#quoteoftheday #forex "I have learned over the years that when one’s mind is made up, this diminishes fear." By Rosa Parks.
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FOREX THEORY

/  January 19, 2015
#forex #trading #elliottwavetheory Relative Strength Index (RSI) RSI is another momentum indicator that is useful for confirming reversal breakouts. Basically, this indicator tells us the changes between higher and lower closing prices for a given period of time. We won’t go into too much
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QUOTE OF THE DAY

/  January 19, 2015
#quoteoftheday #forex "Do good and good will come to you." By Billy Cox.
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QUOTE OF THE DAY

/  January 15, 2015
#quoteoftheday #forex "Be so exceptional at what you do that we can’t take our eyes off of you." By Robin Sharma.
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FOREX THEORY

/  January 14, 2015
#forex #trading #elliottwavetheory Moving Average Convergence/Divergence (MACD) (Part 2) So how can we use this when trying to spot a trend reversal? Glad you asked! Remember that trading signal we talked about earlier called divergences and how it occurs when the price and indicators
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QUOTE OF THE DAY

/  January 14, 2015
#quoteoftheday #forex "A better life awaits those who are willing to focus their mind on one phrase; I CAN DO IT." By Steven Aitchison.
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FOREX THEORY

/  January 09, 2015
#forex #trading #elliottwavetheory Moving Average Convergence/Divergence (MACD) By now you should have a good foundation of the MACD indicator. If you don’t, you might want to check out our lesson on MACD. MACD is one of the most common indicators used by forex traders
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QUOTE OF THE DAY

/  January 09, 2015
#quoteoftheday #forex "Keep going. Everything you need will come to you at a perfect time." By Unknown Author.
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FOREX THEORY

/  January 07, 2015
#forex #trading #elliottwavetheory How to Measure the Strength of a Breakout As you learned earlier, when a trend moves for an extended period of time and it starts to consolidate, one of two things could happen: The price could continue in the same direction
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QUOTE OF THE DAY

/  January 07, 2015
#quoteoftheday #forex "I think people who have faults are a lot more interesting than people who are perfect." By Spike Lee .
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#forex #trading #video 
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QUOTE OF THE DAY

/  January 06, 2015
#quoteoftheday #forex "To achieve anything great in life, you must be willing to make a sacrifice." By Kelly Rowland.
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FOREX THEORY

/  January 05, 2015
#forex #trading #elliottwavetheory Breaking down the Triangle Breakouts (Part 2) Here’s a quick and disgusting memory tickler: Ascending triangle = Forehead breakout Descending triangle = Chin breakout Symmetrical triangle = Forehead OR chin breakout EWWWW!!!! Gross eh? But we bet you’ll remember it!
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QUOTE OF THE DAY

/  January 05, 2015
#quoteoftheday #forex "We should never give up hope. Everybody can have a second chance." By Lynn Whitfield.
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