To find stocks that are outbreaking in price it is needful to scan and filter out these stocks on some indicators. One of the popular but effective indicator is that of the OBV or On Balance Volume. However, how can one know to what extent is the impending move? Is the outbreak strong enough to yield a short term trade net of brokerage and round trip commissions? Learn how successful traders go beyond just scanning for OBV in this article.
Technical Analysis an Art or Science?
Technical Analysis an Art or Science?
It started more as an art and has became more scientific due to rapid development in computer technologies.
It will remain an art with…
Forex Mini Accounts, Powerful Leverage from the Start
This article describes leverage clearly and the benefits of trading with a mini account as opposed to a regular sized Forex account. It enables and inspires novice traders to get started quickly with a couple of added benefits and make use of the awesome Forex. A must read for novice traders, it also includes link to further resources, arguably the best available anywhere.
Recognise The Force and Trade the Trend
You may have heard the saying A Trend is your Friend until it Bends. Technical Analysis helps us to identify a trend so we can jump on and ride it until it changes. Since the Forex market has very strong trends, technical analysis is a very effective technique
The 7 Undeniable Rules of Forex Trading
This article goes into the 7 trading rules unanimously agreed upon by successful Forex traders. It starts off with a fun story that illustrates the concept of learning from others mistakes then dives straight into the meat of the article. Very direct and precise. Are you following the trading rules?