Tags » Forex

Day 171: Love how Forex is 24 hours

Profit $31.01 Total: $1,919.53

Unlike a normal financial market, I love the fact how Forex is 24/6. Theoretically, you can trade anytime you want as long as it’s a weekday. 205 more words

Moving Average and MACD Crossover

I made two successful trades today where the primary indicator was a moving average crossover, backed up by a lagging MACD crossover. While my moving averages tend to cross reasonably often, using MACD as a lagging indicator helps to indicate a strong upwards or downwards trend, and hence a possible entry point. 30 more words

Forex

Trading a Bearish Flag Pattern

Today I spotted a bearish flag pattern developing in the hourly EUR/JPY. I’ve never traded off the back of such a pattern before, so I thought I’d give it a go. 109 more words

Forex

02/09/2015 - USD Strengthens - Market Wrap Up

GBP/USD lower at 1.5281, EUR/USD at 1.1245 and AUD/USD at 0.7020

Market Wrap Up