... Michael D. (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 978-0-470-60212-6 ... changes in the currency market and shows you how to profi t from them.
AN ACCESSIBLE INTRODUCTION TO TRADING CURRENCIES
GETTING STARTED IN
CURRENC...
... (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 ... Tools
Scaling Scrolling Time Increments Printing
Platform Customization
Third-Party Integration
Historical Data
Orders Limit Stop Market Combination Specialty
Order Backup Procedure
Tr...
... Continuous Line Bar Chart
Trendline
Trendline
Trendline
FIGURE 11. 5 Bar Chart with Trendlines
Chapter 11_ [115 -140].qxd 2/25/10 3:52 PM Page 118
Fundamental Analysis
Industrial Production
Industrial ... 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,...
... are self-adjusting,
widening during volatile markets and contracting during calmer periods.
Bollinger recommends 10 days for short-term trading, 20 days for intermediate-
term trading, and 50 days ... effective in trading markets and only one that works in trending markets. This
implies that you know what an indicator, charting technique, or other technical
tool really does. But begin...
... excellent semi-
nars. Aloha!
www.FOREXtradingandeducation.com Tutorials, coaching, and
mentoring.
www.FOREXtrainingworks.com The author offers instruction on
the Goodman trading methods on www.goodmanworks.com.
It ... will soon offer a FOREX contrary
opinion tool.
More on this subject in the section “Going Against the Crowd” in
Chapter 18, “Improving Your Trading Skills.” Trolling t...
... are in the Getting Started section of www
.goodmanworks.com.
Mission-Critical Information Sheet
This should be information at your fingertips during every trading session.
Most of it pertains ... Know your trading platform inside and out before live trading.
Navigating a trading platform and such mechanical tasks as order placement
and management must be second nature. FOREX...
... 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...
... 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.
I am reminded ... valuable if the underlying currency is volatile; it
has a better chance of going to in- the-money. Forecasting option prices—even
knowing or inputting the price of the underlying currenc...