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forex the world

forex the world

http://forextheworld.blogspot.com

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  • Forex Expert Advisor Information

    Posted on Thursday July 31st, 2008 at 18:42

    What is an Expert Advisor ? A Forex Expert Advisor (a.k.a. Forex Trading Robot, EA, MT-4 EA, Automated Forex Trading Software) is a mechanical trading system written in the MQL-4 programming language and designed to automate trading...

  • What is Money Management System

    Posted on Tuesday July 29th, 2008 at 02:41

    ue, Jan 8 2008, 09:25 GMTby Dima ChernovolovForexHitWhat is Money Management System? Money management system is the subsystem of the forex trading plan which controls how much you risk when you get an entry signal from your forex trading system. One...

  • Five Guiding Principles of Trading Psychology

    Posted on Tuesday July 29th, 2008 at 02:34

    Brett N. Steenbarger, Ph.D. www.brettsteenbarger.com When I recently participated in an online chat presentation for John Forman, I assembled my ideas into ten basic principles that have guided my thinking about the psychology of trader...

  • Price Smoothies

    Posted on Wednesday July 2nd, 2008 at 21:29

    A moving average is simply a way to smooth out price action over time. By “moving average”, we mean that you are taking the average closing price of a currency for the last ‘X’ number of periods. Like every indicator, a moving average indi...

  • Pivot Points

    Posted on Friday June 27th, 2008 at 04:49

    Professional traders and market makers use pivot points to identify important support and resistance levels. Simply put, a pivot point and its support/resistance levels are areas at which the direction of price movement can possibly change. Pivot po...

  • Fibonacci

    Posted on Thursday June 26th, 2008 at 19:57

    We will be using Fibonacci ratios a lot in our trading so you better learn it and love it like your mother. Fibonacci is a huge subject and there are many different studies of Fibonacci with weird names but we’re going to stick to two: retracement ...

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