Forex Tools

  What is Forex ?   Forex is short for Foreign Exchange. More specifically, it is the “foreign exchange currency markets”, and sometimes referred to as the FX market or even the Spot market. This is where money is traded for money. The value of each country’s currency changes a little bit by the second, and as Forex traders, we …

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  The Bollinger Bands is a momentum indicator that gives an excellent visual representation of the market’s volatility. When the market is quiet, the bands are much closer together, but when the market is very volatile, the bands are far apart. There are three parts of this indicator: a 20 period Simple Moving Average (20 SMA) found in the middle, …

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Triangles Chart Pattern A triangle is a corrective chart pattern where the price moves in between two converging trendlines. Trendlines are used to identify the triangles, and depending on the slope, triangles can be classified as: symmetrical, ascending and descending. A triangle is completed by a break of the upper or lower trendline as the price approaches the tip of …

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  Scientificforex- all Cristina Ciurea Webinars   By scientificforex.com Cristina Ciurea   Webinars : Webinar #1: Introduction & Webinar Program This is an introductory webinar where Cristina shows her program for the webinars to come, collects suggestions, then she answers common questions from support, and gives an analysis of the EURUSD. [Time: 1:18:01] Webinar #2: Member’s Area, Trader’s Lab, MT4 Installation, …

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Candlestick PatternsHammer & Shooting Star & Evening & Morning Star   Candlestick patterns are useful for Price Action Trading , they provide useful information about the market. They are quite effective when used in conjunction with other technical indicators and tools. I find the hammer and evening star especially useful because they can serve as warning signs of price reversal. A candlestick is a visual representation …

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  How to be a successful and full time trader !   The security of a regular pay check and the insecurity of a volatile market keep traders that are ready to make the leap to a full time and successful trader from actually crossing that line. It’s a valid reason to never cross that line in the sand. No one can ever be …

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