March 2009
Using Expert Advisors - also known as being a Forex Sheep
Let’s just run through this scenario:
20,000 trades get placed simultaneously - or 20,000 attempts are made to get the same trade placed. Online brokers do tend to notice these things,
February 2009
Camarilla Pivot Points in Forex
Camarilla Pivot Points are (unfortunately) covered in the same mystique as Fibonacci retracement - involving higher mathematics to produce a magic formula that somehow the markets are bound to follow
Trading Currency ETFs
ETFs retain the valuation feature of a unit trust, which can be purchased/redeemed at the end of each day for its net value - but you’re not limited to trading at the close price. An ETF is continually priced through market trading hours and so intra-day trading becomes possible. (Not something that ever went on with unit trusts or mutual funds).
Contract for Difference Trading - CFD
CFDs are to be avoided, on stocks, equities, anything and everything - it’s one small step away from spread betting and if you want to end up like those dumbasses who spreadbet on the FTSE opening every morning, fine, go ahead…
The Bollinger Squeeze
Bollinger bands are a great way of understanding market movements if you’re new to the forex game. Everybody uses them, and overall, the concept is relatively easy to understand.
December 2008
UK to ditch Pound and enter Euro?
What of the rumors? Rumors that, faced with a currency dropping like a stone, a lot of previous policy statements are going to be junked and the United Kingdom might make a relatively rapid emergency dive into the Eurozone.
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