88. Forex Trading – Understanding Currency Rate Movements

clk.atdmt.com A lesson on understanding what increases and decreases in the rate of a currency pair mean for the values of the currencies which make up that pair.

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Posted in: automated forex systems

Tags: Currency, forex, Movements, Rate., Trading, Understanding

This entry was posted on Tuesday, January 19th, 2010 at 6:51 pm and is filed under automated forex systems. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

10 Responses to “88. Forex Trading – Understanding Currency Rate Movements”

igtfx January 19th, 2010 at 7:34 pm

investment Gate Trading W W W . IGTFX . C O M is the site for forex trading online , Professional forex trading services

liesashan January 19th, 2010 at 8:32 pm

Amazing,From $3,000 to $170,000 in Shock…
learn more at bit. ly/bestforex

TheDjbang January 19th, 2010 at 8:53 pm

I find following your own analysis on candlesticks in the FX platform is a lot more reliable than any index. Reading index reports does provide an overall direction of a pair but studying candlestick momentum during intraday trading is far more reliable than daily reports. Forex traders can make healthy profits on 25pips (.25%) in either direction.
Therefore, candlestick analysis during your day allows you to capture a substantial profit irrespective of the pairs’ overall trend.

cherylish1 January 19th, 2010 at 9:43 pm

Hi Dave,
I am learning a lot from your videos. So if the Dow is up on Wall street,, will this make the US dollar weaker ? or cause the EUR/USD go higher? what index can I read to determine the strengths/weakness of a particular currency?

creati8 January 19th, 2010 at 10:11 pm

I don’t see the yellow clock

inthebluescrossroad January 19th, 2010 at 10:27 pm

Wow ! I love your channel! Im new to the market and im learning so much from your videos , thanks a mil!

InformedTrades January 19th, 2010 at 10:34 pm

Hi, Doing well thanks I hope you are. If you contact FXCM support they should be able to provide you with additional data. Best Regards, Dave

jokerisherenow January 19th, 2010 at 11:13 pm

Hey Dave, how are you doing? I had a question about the FXCM demo account. I was wondering if you could download some more historical data. I wanted to move bar by bar, testing my strategy for back a few months but turns out, the data doesn’t go too far. Thanks for your time and have a good day !

InformedTrades January 20th, 2010 at 12:13 am

link sent. Best Regards, Dave

jwoincairo January 20th, 2010 at 12:51 am

Hi I clicked on the link which should have connected me to the FXM website/demo trading platforms but it does not work. Can you send me a different link. Thanks!