Archive : Getting Started

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Danger Range

This is it. The killer of any trader, trading system or Expert Advisor. The DANGER RANGE!!! (cue Darth Vader entrance music). This is the range when no matter what you do it is not right. You go short, it will bounce. You go long it will fall (and then bounce just after stopping you out). Those

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Search For The Holy Grail

Having had countless discussions on the search for the holy grail and more importantly that time could be better spend creating a solid trading system than searching for something you will never find, I thought the following article below was definitely worth a read. Pretty much says alot of

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Make Long Trends Your Friend

Over the last few weeks there have been ‘cries’ of “this can’t go on much longer” and “its a fix” or “who is stupid enough to buy this market” on the various forums I visit daily. These are quote common comments to hear when there has been a

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RSI Currency Trading Strategy – Bullish and Bearish Divergence

RSI Currency Trading Strategy – Bullish and Bearish Divergence The Relative Strength Index (RSI) an indicator most traders are familiar with; it is an oscillator that measures the strength of price movements by monitoring the closing prices. It is often used in a very simple fashion with

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MACD Indicator

The MACD indicator is probably the most popular forex indicator there is when it comes to daytrading. Trading the MACD indicators can be as simple or as complicated as you want it to be. As you may know the standard MACD is calculated by taking a 12 period exponential moving average and

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