The forex trader today is very lucky. The Internet provides unprecedented access to information and data—perhaps too much information. A good technique to use that provides an efficient way to pull information out of the World Wide Web is to use the search engines and input the right terms. For example, as the trader prepares[…]
Forex RSIOMA NRTR Trading System – RSIOMA is an advanced version of RSI. We are going to start off with learning the RSIOMA to keep us on the correct side of the trade. On the picture the bold blue line is RSI of the Moving Averages, the white line is its Moving Average. RSI above MA and RSI[…]
Gaining a fundamental understanding of the U.S. economy is a critical part of being prepared fundamentally for forex trading. The U.S. economy is still the largest developed economy in the world, and therefore the U.S. dollar reflects this importance. Much of the world’s trade is denominated in dollars, and global reserves of central banks[…]
How to use the Aroon Indicator – AROON Indicator is great for reading trends, watch as the “Up Line” (Green color line) reaches 80-100 area means a strong uptrend, and watch for the “Down Line” (Green color line) reaches 20-0 area means a strong downtrend. AROON Indicator watches also as they cross each other. It’s[…]
