Why Japanese Candlestick Charts Are So Important To Your Trading Arsenal! By: Fern Joseph | - Outside of Asia, candlestick charts are still relatively unknown, except among some very knowledgeable traders. And the knowledge that is available about these 130 year old trading tools can be attributed to Steve Nison. In the middle of the Eighties, Nison was working as a broker. One day he happened to catch a glimpse of some unusual charts hanging in the office of another trader, one who happened to be Japanese. Later, he learned these were candlestick charts and made it his personal mission ... Tags:forex, scalping, USD, GBP, swissie, candlestick chart, doji, hanging man
British Pound long V Dollar and this made a lovely profit on the breakout and long Dollar v Japanese Yen which again gave another great profit.
Here we are going to look at the above trades and perhaps the best trend at the moment in currencies (it's not one of the above or the euro) and a possible contrary trade.
Introduction To Forex Trading By: Caterina Christakos | - Forex trading involves the simultaneous exchange between two currencies. Shares are bought and sold in order to make profits.
The Forex market is not actually found in any physical place, instead is a network of banks and individuals all involved in the process of changing currency. Because of this, the Forex market is open 24 hours a day, following the three main markets, the United States of America, Europe, and Asia.
