As I noticed earlier, Northfinance said though they wouldn’t accept any new client, they would still keep serving old clients. Then surprisingly yesterday I received an official message noticing that Northfinance has officially decided to stop operating by the 1st June 2008.
Below is a copy of the official email.
Dear,
We would like to thank you [...]
Phrase that you probably often hear but give minor attention is “Forex Trading is Risky Business”. Though any kind of investment involves risk, forex trading involves the highest risk among others. I should emphasize this since I know many of you are relatively new to forex trading and probably brought here by such overwhelming [...]
After decades of relative strength and stability, the US Dollar has lately been in a steady state of decline. No one has felt the effects of this fall more acutely than average American consumers, who have seen the purchasing power of their paychecks dramatically decrease both at home and abroad. [...]
Support and Resistance is a trading concept which interprete whether the market is currently in doubt and probably will have a direction change. A price level, at which this market situation occur, is called as Support or Resistance level. We expect or predict that on this level market will change its direction.
Traders have [...]
Pivot Lines is what usually called as Pivot. In different post, I wrote Pivot Point as the other definition of Pivot. However, as I know, in common discussion Pivot term usually refers to Pivot Lines.
Pivot Lines are lines of support and resistance which are calculated from the High(H), Low(L) and Close (C) price of the [...]
Speaking of pivots, I know two terms which explain pivot in different perspective. First is Pivot point and the second is Pivot Lines. Recently, when people discuss or mention ‘Pivot‘ it usually refer to Pivot Lines. Even, I have read somewhere a term of ‘Pivot Point‘ refers to Pivot Lines.
It is ok if the current [...]
Due to many e-mails asking my forex trading systems, I feel squeezed to make a comprehensive post about system I use. However, I confuse on how to write a good post explaining whole aspects of my trading systems. It makes the process gets harder and needs longer time.
I want all of you to understand, my [...]
This article is a continuation from previous Big Ben Strategy post
The logic
As mentioned, the pound/dollar rate tends to have lower trading volume outside European/London trading hours because the majority of GBP/USD spot deals are worked through U.K. and European dealers. This gives the European/British interbank community tremendous insight into the currency pair’s actual supply-demand picture. [...]
(Forex Free Download):I badly need a plugin that better enables you to manage your photos inside of...