FOREX ANALYSIS 10-4-2012 at 8GMT
EUR/USD
The current trend is a downward trend, it will reach 1.3060, then 1.3030
The stop loss point is 1.3140
if the price reached 1.3140, the trend will be reversed and the new target will be 1.3165, then 1.3190
USD/JPY
The current trend is an downward trend, it will reach 81.10 , then 80.90
The stop loss point is 81.80
if the price reached 81.80, the trend will be reversed and the new target will be 82.10, then 82.40
USD/CHF
The current trend is an upward trend, it will reach 0.9200 , then 0.9225
The stop loss point is 0.9150
if the price reached 0.9150, the trend will be reversed and the new target will be 0.9130, then 0.9110
GBP/USD
The current trend is a downward trend, it will reach 1.5860, then 1.5830
The stop loss point is 1.5910
if the price reached 1.5910, the trend will be reversed and the new target will be 1.5930, then 1.5950
9-4-2012 at 10:05 GMT
Deal for a long-term
Entering small contracts
Stop loss 50 pips
The goal could be up to 1000 points
Entering small contracts
Stop loss 50 pips
The goal could be up to 1000 points
BUY
EUR/CHF
BUY at 1.2012
Take profit atOpen
Stop loss at 1.1950
It Is Closed <<<<<<<
9-4-2012 at 80:00 GMT
SELL
AUD/USD
sell at 1.0290
Take profit at1.0240
Stop loss at 1.0340
closed at Stop Loss 1.0340
loss 50pips
If you are interested in day trading you first need to know what it is
all about and to understand the basics of day trading. For starters, a
day trader is a person who is very active in the stock market and makes
several trades a day in an attempt to make quick gains by buying and
selling stocks in a short time span.
As the market is never the same day to day, no one particular day trading strategy will work each time. To be successful, you first need to understand how the market works and get a feel for the market.
This includes recognizing the stocks' basic trend, the long and short setups, when to enter a trade, and where to place stops. Another very important basic is how to protect your profits and minimize losses.
Once you have learned the basics and are ready to try your first day trade, here are some tips and guidelines you should keep in mind that is essential to your success as a day trader.
Being a day trader requires a lot of time and practice before you get used to the everyday volatility in the market. Do not expect to become an expert day trader overnight. No matter how many books you have read or day traders you have watched, that will not make you an immediate expert.
There are day trading websites that simulate trading. Practice with their trading platform first before trying out the real thing. It could save you a lot of money and you will learn the ropes faster this way.
If you are ready for real live trading, do not be scared by the thought of losing money. There are ways to minimize your loss such as with stop orders.
If you lose money, do not worry, as some loss is to be expected. Just remember, with increased experience and sensitivity to the market, you will start turning a profit soon.
If you profit large sums of money, stop trading. Do not gamble it away by trying to gain even larger profits. You can always trade another day.
Sometimes the market will not perform as you expected. When you encounter this situation, it is best that you do not trade at all.
Once you gain more experience in day trading, you may be able to predict the direction of a stock price. However, try not to pick top stocks or bottom stocks. This is one of the most common mistakes of a beginner.
If you cannot predict where the market is heading, it is best if you stand aside and wait, or you can always go home and trade again another day.
It is a good idea to record all of your day trading results. This way you can learn what works and what does not, and be more effective in trading.
Observe good traders. Look at how and when they sell or buy. Generally, good day traders often buy on bad news and sell on good news.
Beginners often get emotional in their trades. Avoid this at all cost, stay emotionally detached and professional.
Learn to trust your instincts. Relying too much on analysis may mean letting a few good trades slip away from you.
As you gain experience, you will see that different day trading strategies are required on different days and required on different stocks. Be flexible.
Bad day traders often focus on too many stocks that are not manageable and often lose track on where each stock is heading. It is wise to limit your stocks in manageable numbers.
With patience and practice, you can be successful in day trading, and as your experience grows so do your profits. Everyday you can learn new day trading strategies in the market, which you can use to your advantage.
Article Source: http://EzineArticles.com/?expert=Susan_Jan
As the market is never the same day to day, no one particular day trading strategy will work each time. To be successful, you first need to understand how the market works and get a feel for the market.
This includes recognizing the stocks' basic trend, the long and short setups, when to enter a trade, and where to place stops. Another very important basic is how to protect your profits and minimize losses.
Once you have learned the basics and are ready to try your first day trade, here are some tips and guidelines you should keep in mind that is essential to your success as a day trader.
Being a day trader requires a lot of time and practice before you get used to the everyday volatility in the market. Do not expect to become an expert day trader overnight. No matter how many books you have read or day traders you have watched, that will not make you an immediate expert.
There are day trading websites that simulate trading. Practice with their trading platform first before trying out the real thing. It could save you a lot of money and you will learn the ropes faster this way.
If you are ready for real live trading, do not be scared by the thought of losing money. There are ways to minimize your loss such as with stop orders.
If you lose money, do not worry, as some loss is to be expected. Just remember, with increased experience and sensitivity to the market, you will start turning a profit soon.
If you profit large sums of money, stop trading. Do not gamble it away by trying to gain even larger profits. You can always trade another day.
Sometimes the market will not perform as you expected. When you encounter this situation, it is best that you do not trade at all.
Once you gain more experience in day trading, you may be able to predict the direction of a stock price. However, try not to pick top stocks or bottom stocks. This is one of the most common mistakes of a beginner.
If you cannot predict where the market is heading, it is best if you stand aside and wait, or you can always go home and trade again another day.
It is a good idea to record all of your day trading results. This way you can learn what works and what does not, and be more effective in trading.
Observe good traders. Look at how and when they sell or buy. Generally, good day traders often buy on bad news and sell on good news.
Beginners often get emotional in their trades. Avoid this at all cost, stay emotionally detached and professional.
Learn to trust your instincts. Relying too much on analysis may mean letting a few good trades slip away from you.
As you gain experience, you will see that different day trading strategies are required on different days and required on different stocks. Be flexible.
Bad day traders often focus on too many stocks that are not manageable and often lose track on where each stock is heading. It is wise to limit your stocks in manageable numbers.
With patience and practice, you can be successful in day trading, and as your experience grows so do your profits. Everyday you can learn new day trading strategies in the market, which you can use to your advantage.
Article Source: http://EzineArticles.com/?expert=Susan_Jan
FOREX ANALYSIS 5-4-2012 at 7GMT
EUR/USD
The current trend is a downward trend, it will reach 1.3100, then 1.3070
The stop loss point is 1.3180
if the price reached 1.3180, the trend will be reversed and the new target will be 1.3210, then 1.3250
USD/JPY
The current trend is an downward trend, it will reach 82.10 , then 81.90
The stop loss point is 82.50
if the price reached 82.50, the trend will be reversed and the new target will be 82.70, then 82.90
USD/CHF
The current trend is an upward trend, it will reach 0.9180 , then 0.9210
The stop loss point is 0.9100
if the price reached 0.9100, the trend will be reversed and the new target will be 0.9080, then 0.9060
USD/CAD
The current trend is an upward trend, it will reach 0.9970 , then 0.9995
The stop loss point is 0.9930
if the price reached 0.9930, the trend will be reversed and the new target will be 0.9915, then 0.9880
USD/NZD
The current trend is a upward trend, it will reach 0.8200, then 0.8220
The stop loss point is 0.8140
if the price reached 0.8140, the trend will be reversed and the new target will be 0.8120, then 0.8100
GBP/USD
The current trend is a upward trend, it will reach 1.5870, then 1.5840
The stop loss point is 1.5910
if the price reached 1.5910, the trend will be reversed and the new target will be 1.5940, then 1.5960
