Archive for August, 2009

The Friday To Sunday Price Extension

A typical forex pattern that can be exploited by the forex traders is the Friday to Sunday price extension. The simple assumption is that price will open the new trading week Sunday NY time in the same prevailing direction as they closed on the Friday evening.Know the forex market.Understand forex charts. Learn about forex managed [...]

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Bonus one : Free Indicator Market Watch
The’Market Watch’ indicator is a very simple indicator to follow. Just place it on your chart and follow the green and red lines. When the indicator shows a number of rising green bars, you know that the strength of [...]

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Forex Analysis: Do The Chinese Want To Hurt The US Dollar?

Forex Online News: China and the US debt.
So I was reading a story in the Wall Street Journal last night and I came across a well muted tidbit of information that, if it continues, could serve to hurt the Dollar in the near and demolish it in the long term.
China, the US’s largest [...]

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