Online Stock Trading

Trading properly involves eliminating bad trades and being prepared for what may come while you have your money exposed. To do this, we must gain proper perspective to price action and anticipate upcoming events or price barriers that will change the direction. News can effect a trade and new traders should not trade when news is coming out especially in the Forex markets and online stock trading. Your core strategy to work  one set in particular stood out from the rest, as it perfectly demonstrated why you always trust the charts over anything else.
Sure there are many fundamentals that we are told shape the valuations of currencies  but if you know what you are looking for you will soon come to see that the only thing that consistently moves markets is the law of supply and demand. Most of the time a support and resistance will trigger trades weather they are long or short. When institutions create large imbalances between the buy and sell orders placed in the markets, this offers us exceptionally low risk and high reward trading opportunities each and every day.

Online Stock Trading

USD/JPY chart

Summary : Target Level : 118.4645Target Period : 2 days
Analysis :
Rising Wedge identified at 12-Feb-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 118.464 within the next 2 days.
Supporting Indicators :
RSI above 60
Resistance Levels :
( B ) 120.4285Last resistance turning point of Rising Wedge.

Support Levels
( A ) 118.4645Last support turning point of Rising Wedge.

EUR/USD Chart

Summary : Target Level : 1.1499Target Period : 2 days
Analysis :
Channel Down identified at 09-Feb-21:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.15 within the next 2 days.
Resistance Levels :
( B ) 1.1499Last resistance turning point of Channel Down.

Support Levels
( A ) 1.127Last support turning point of Channel Down.

EUR/USD and GBP/USD Forex Trades

The following pair of charts are forex of both the EUR/USD and GBP/USD. You can see that at monthly charts is to help you understand where you are in the really big picture, plus to recognize if the current volatility is unusual compared to previous strong moves. They show a couple of turning points in the past, and also turned on the average true range which helps measure volatility.  As you can see, the ATR has been increasing for the past few months yet isn’t anywhere close to the highs seen a few years ago. While most believe that both pairs will continue their current trend you need to see if they continue to make a long term trade.

EUR/USD and GBP/USD

EUR/USD chart

Summary : Target Level : 1.1205Target Period : 3 days
Analysis :
Channel Up has broken through the support line at 05-Feb-01:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.12.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.1534Last resistance turning point of Channel Up.
Support Levels
( A ) 1.1313Last support turning point of Channel Up.

Pound chart

Summary : Target Level : 1.499Target Period : 3 days
Analysis :
Triangle identified at 02-Feb-21:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.499 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.5084Last resistance turning point of Triangle.
Support Levels
( A ) 1.499Last support turning point of Triangle.

Swing Trading Forex Markets

 Always take note of the risks involved and what you are particularly risking in the exchanges. Always trade in reasonable sizes.  Some markets inside exchanges are able to make it possible for individuals to trade very large amounts of leverage. And so, a lot of people trade in large quantities in order to assure larger profits. However, doing this may also open up the possibility of losing money in such large quantities as well. It is always wiser to scale your trades in order to lessen risks. Never trade sizes that can wipe you out of all your money. And you would have nothing to lose if you actually start small, and grow your trading transactions from there.

Learn step by step how a successful forex trader makes consistent money trading trends on the forex market and how you can copy that success. The basic system was first unveiled on a public forum a few years ago and this book takes it to the next level. Put your trading on turbo with this updated version of an already profitable system. Learn how to predict when a trend will start. Discover the methods the pros use to suck the money out of the trend. Give yourself a head start against the 90% of traders who consistently lose. This book is written for every trader who is failing to make consistent money trading forex. Whether you have just started trading and want to make money from day one or you have been trading for a while but just can't seem to get the hang of it this book is for you.

Swing Trading Forex