Saturday, November 7, 2009

Forex Trading with your Buddy

I do not think that anyone who has been the currency market for more than a trade a few months, is unable to reserve the increase of the phenomenon of market volatility.

With the increasing volatility, we see that development generally only be of very short duration, if the trend can not be found anywhere.

If you look at the EUR / USD for example, before the credit crisis has had a general upward trend of 2 March 2002 was - until October 2007. More than 5 years.

If you had purchased the2. March 2002, 1 Single Standard Lot (not) allowed the expansion of the fees, you could have earned 5 that Friday night in October 2007 with a profit of more than sixty five thousand dollars.

That is a gain of just under $ 1000 (per 1 lot traded) per month for the duration of the trend.

Anyone who wanted to do this would be really no problem with the approval of the municipality and the rate often publicized - the trend is your friend.

Since November 2007, and today,pair described in it only as a complete reversal was.

Over the past 16 months, the EUR / USD by more than 7,500 seed is dropped or put this in perspective, for a standard lot (not permitted) for the expansion of the fees, you could have earned for the dollar that trade in More than seventy five thousand.

That is a gain of just over $ 4600 (per 1 lot traded) per month for the duration of the trend.

Now I'm not sure about you, but for all levels ofNon-profit that I am willing to consider at least the trend, as a girlfriend as possible.

Obviously many of us do not have a long period of time for the trade, but that does not mean we can not follow a trend of the species.

Within each main trend, there are smaller trends. These trends are interim and are better from a day 1 and 4 hours chart calculated.

Especially when markets are volatile, look for the trend in the medium term strategy is very useful, as the most long-term trend maydifficult to calculate correctly.

There are many ways to calculate the medium-term trend, but if nothing else, the time honored and trusted method is simply a trend, with at least 3 points on the chart swing four hours to shoot.

Perhaps it is time to introduce a new maximum commercial

The trend can also be your friend, but if your friend is not available, the medium-term trend is your best friend.