Archive for April, 2009

The Art of Contrarian Trading: Volume, Consolidation, Distribution, Headlines

Friday, April 17th, 2009

Traders are at a stage in the market cycle that is one of the most frustrating to deal with, and where the most money gets squandered trying to work things out. This stage is when we go through a phase of consolidation, moving sideways consolidating the recent moves made, while…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back

Understanding How and Why OTC Forex Markets Work

Friday, April 17th, 2009

Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back

How to Search for the Ideal Metatrader EA

Thursday, April 16th, 2009

With thousands of Metatrader EAs out there, it can be tough to cut through the noise and find one suitable for your trading style and risk tolerance. To help you in this search, I’ve compiled the statistics that many traders find to be very beneficial when analyzing any Metatrader EA.

Original post by Forex Articles (ActionForex.com) and software by Elliott Back