... (Michael Duane)
Getting started in currency trading : winning in today’s Forex market /
Michael Duane Archer. – 3rd ed.
p. cm. – (Getting started in series)
Includes index.
ISBN 97 8-0-470-60212-6 ... changes in the currency market and shows you how to profi t from them.
AN ACCESSIBLE INTRODUCTION TO TRADING CURRENCIES
GETTING STARTED IN
CURRENCY TRADI...
... (No Dealing Desk), the trading platform,
and all the tools—requoting, pip spreads, trading rules, dealer intervention,
accepting or canceling trades—all for the supposed purpose of maintaining an
orderly ... you to an automated mailing list. Six
years after writing the first pages of the first edition of Getting Started in
Currency Trading, I continue to be amazed by the inabilit...
... new
trading idea.
MB Trading
www.mbtrading.com
This company was originally EFgroup—which was an IB for MB Trading.
MB re-acquired EFgroup in 2008. They are an ECN.
They are currently phasing in ... buy.
FIGURE 9. 1 Stop and Limit Orders
Chapter 09_ [91 -98 ].qxd 2/24/10 10:11 PM Page 94
GETTING STARTED
90
All other primary concerns—requoting practices, stop harvesting, bal-...
... ignore impending economic data, critical political
decisions, or the myriad of societal issues that influence prices.
Bearing in mind that the financial underpinnings of any country, trading
bloc, ... related to interest rates
and international trade is analyzed closely.
Interest Rates
If there is an uncertainty in the market in terms of interest rates, then any devel-
opments regar...
... a losing position in hopes of breaking even
on a bounce? This is a common new trader error and can result in a large
loss. Pyramiding a winning trade is risky business; pyramiding a losing
trade ... campaign worksheet.
You may combine the continuation and log charts into a single chart to simplify
things.
All the forms in this chapter are in the Getting Started section of
www.g...
... session. Trading when not in top form is
asking for financial injury in the same way driving drunk is asking for physical
injury. Leverage is to FOREX what speed is to driving.
The line between winning ... managers receiving more money to trade in markets in which they excel,
less in markets in which they do poorly. An ME cluster is a contiguous grouping
of ME pairs in an...
... to a digital printer.
The advent of computer analysis in the 197 0s and automated trading in
the 199 0s encouraged traders to use this new tool to find the trading method
over the rainbow. Much of ... real-time trading. Most were tested on simplistic market
environments (trading markets, trending markets) and failed when the real-time
market morphed into a different environment....