Archive

When the Forex brokers hold your position without making a physical delivery of currency (cash) to you, they should be paying an interest rate on your position. This interest rate is applied at the end of each day (17:00 EST) on all your open positions and is called rollover. This rollover …

I’ve added a new Forex strategy to the site today. It’s called MACD Divergence Strategy and is based on the phenomenon of divergence between the chart trend and the trend inside the MACD indicator window. It’s a nice strategy if you like to use the standard indicators and want to catch pull-backs on trend reversals. But it …

I’ve finally added a Forex strategies section to my site today. Currently it only lists only 9 strategies (very simple ones) — that isn’t a lot, but that list can help newbie traders to find their first strategy or to get a model for creating their own trading system. …

According to many Forex guides, tutorials and manuals, the trading strategy is the backbone of the successful trading behavior. The most obvious reason to have a well-defined Forex strategy is to stop relying on bare luck and move from the Forex gambling to the actual Forex trading. With a strategy it’s much easier to analyze the trading performance, …

Why to avoid paid Forex robots or expert advisors? There are several reasons but most obvious one is quite simple — they don’t work as advertised. First, let’s get straight with the definitions — Forex robots are the same as the automated expert advisors, they are some trading strategies …

Today I uploaded a trading strategy manual and the corresponding MetaTrader indicators for the Not So Squeezy Forex strategy. The manual is a 21-page long ebook that describes the method of the strategy and the indicators that are required for it. It’s not a very complex strategy and I can …

The short Forex ebook that was uploaded on my site today is 5/13/62 strategy description written by one of the most famous Forex gurus of our time — Rob Booker. The strategy is based on the three EMAs (exponential moving averages) with periods — 5, 13 and 62. The first half of the …

If you are still searching for the right Forex trading strategy, then you’ll probably like the free ebook that I added to my site today: The Day Trade Forex System by Erol Bortucene and Cynthia Macy. The strategy, which is offered in this book, is for intraday usage and …

Fibonacci retracements and extensions technique is quite a popular Forex trading method. Unfortunately, many traders lack the understanding of how and why the Fibonacci levels work and even more traders don’t understand how to use these levels. The little Forex book that I’ve uploaded to my site today …

Now you can download a completely free ebook on the swing trading from my site — it’s «A Practical Guide to Swing Trading» by Larry Swing. Although this book doesn’t deal with the Forex market specifically and was written with the stocks in mind, it still can be applied to the …