April, 2011Archive

Finding The Trend

April 25th, 2011 | daily forex | Comments Off

One of the golden rules of trading in the foreign currency exchange involves opening a position in the same direction as the trend. This is why experts live by the adage “the trend is your friend.” A savvy trader anticipates the upcoming moves in order to attain consistency in trading the Forex. Getting into a [...]

Positive Trade Confirmation

April 11th, 2011 | daily forex | Comments Off

Forex traders make use of divergence to identify important trading concepts like trends, reversals and the extent of a movement. But you need to have confirmation to assess whether you’re making the right decision to enter into a trade. Here, we’ll give you a few tips of what to look for in order to confirm [...]