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FOREX THANJAVUR,  FOREX TRADING THANJAVUR,  FOREX BROKERS THANJAVUR,  FOREX TRAINING THANJAVUR, FOREX CLASS THANJAVUR Trading Ideas-Section 5: The 2 AM EST High/Low FOREX THANJAVUR,  FOREX TRADING THANJAVUR,  FOREX BROKERS THANJAVUR,  FOREX TRAINING THANJAVUR, FOREX CLASS THANJAVUR Section 5: The 2 AM EST High/Low lthough it is not recommended trying to catch the tops and bottoms of any move, there is always a high probability that the low and high of the day occur around 2am (0200) EST. We are not saying here to open a random position around 2am EST as an attempt to catch most of the move on one particular day. What we are saying is that if you get your signal around 2am EST, consider scaling your trade up to longer time frames (as outlined in section 3). As we learnt in lesson 1, UK generated the most volume when we separated volume by country. This is the same reason why there is always a high probability that the market makes the low/high of the day at 2am EST. Traders and investors start to trade aggressively at the beginning of the European session. Also at this time the Asian market is still open increasing the volume generated […]


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FOREX VELLORE,  FOREX TRADING VELLORE,  FOREX BROKERS VELLORE,  FOREX TRAINING VELLORE, FOREX CLASS VELLORE Trade Management-Section 4: Averaging Up (Pyramiding) FOREX VELLORE,  FOREX TRADING VELLORE,  FOREX BROKERS VELLORE,  FOREX TRAINING VELLORE, FOREX CLASS VELLORE Section 4: Averaging Up (Pyramiding) Averaging up is just the opposite from averaging down. As the trade goes in our favor we keep adding positions. This technique is rarely used by traders, but one that can lead to profitability over time. This technique is rarely used because acts against human natural reasoning to “lock some profits”. This natural tendency keeps us from gaining further profitability over our trading careers. We need to make some things clear, once we are in a trade, and the trade goes in our favor it has a higher probability of success. If it goes against us right away then it has a higher probability of failure. If we add positions to an already losing trade, we have a higher probability of losing more; on the other hand, if we add more positions to an already winning trade then we have a higher probability of winning more. Makes sense doesn’t it. Don’t get us wrong though, probabilities are just probabilities not certainties. […]


Fundamental Analysis-Section IV: Other Economic Indicators and Events|chennai.evenforex.in-Forex Trading Calendar, Forex Calendar,evenforex-learn-forex-currency-trading, www.doorstepforex.com

Forex Trading Calendar, Forex Calendar,Forex learn,Forex currency trading, Forex Event Fundamental Analysis-Section IV: Other Economic Indicators and Events Forex Trading Calendar, Forex Calendar,Forex learn,Forex currency trading, Forex Event   Section IV: Other Economic Indicators and Events This is a list of other economic indicators or events that normally don’t have a great impact in the forex market but under some circumstances the market could react to these indicators. For instance, in the US with the recently mortgage crisis (Q3 2007) construction indicators could turn into very important indicators and therefore have a major impact in the market. Another example would be oil prices, as they are near the all time high (and have been reaching new highs in the past months) investors and traders tend to focus on oil prices. Economic Data Industrial production (world) – This report consists of the total (and change in) production of factories, mines and utilities within one nation. This indicator is commonly used as a proxy variable for economic growth. Producer price index (world) – Index designed to measure the change in price (as the CPI) from the seller perspective. Goods and services producers use for production. Capacity utilization (world) – Refers to the total industrial output divided […]