MACD is one of the most reliable indicators. Although I do not believe in using indicators in my own trading and I always use the price candlestick chart to find the trade setups, I look at MACD direction when I find a signal on the price chart. So I use MACD as a confirmation and it really works for me. Read the rest of this entry »

As you may know, we analyze several currency pairs everyday. We post the analysis on the daily and weekly reports. On the analysis we report, we show the pathway of the market, supports, resistance and probable trade setups, stop loss and targets. One can trade and make money based on the things we plot and mention on the charts. They are absolutely clear and understandable. They are also accurate and real time. Read the rest of this entry »

Hello

It is a long time that we didn’t have any new post on the site and so the site has been almost inactive. From now on, the introduction and also the tip of the day that we have in the members area, on the daily and weekly reports, will be published on the public area of the site and so everybody can use it. Just the market analysis and forex signals stays in the members area. This not only helps our free users to know what is going on inside the members area, but also helps the members to post comments and have discussions because it is not possible to post any comment on the members area. Read the rest of this entry »

Note: This report was published on April 27 2009 for the Live Market Analysis Program members.

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Hello

Forex trading is all the matter of taking risk. We analyze the market, find the trade setups, take the positions, set the stop loss and target and that’s it. We don’t know what will happen then. We don’t have any control on the market. The market moves on its own way and doesn’t care about anybody. The only things that we have a full control on them, any time that we take a position, are the amount of the money we trade, the stop loss and the take profit. So, in addition to the system that we have to become expert in it, we should learn the things that we are able to control and these things are usually discussed under the money management topic. Read the rest of this entry »

Our April Performance (April 11th - April 30th) from Signals alone totaled +662 Pips.

What does this mean if you were trading the following lot sizes:

0.10 lot - $662 roughly (most beginners)
1 lot - $6,620 roughly (most intermediate)
10 lots - $66,200 roughly (advanced)
100 lots - $662,000 Read the rest of this entry »