Trading the Forex Using Automated Systems

Archives for November, 2009

This short free Forex video is actually and advertisement video for the site www.MT4ErrorCodes.com but it describes how you can treat the errors generated by indicators or expert advisors in the MetaTrader 4 platform. It can be useful if you often suffer from the errors in MT4 and don’t know which error code means what. Posted on Forex Video Zone. Go to Source
This video offers a technical analysis of the major currency pairs for the Forex trading session following Thanksgiving on the U.S. market, which resulted in a strong U.S. dollar and Japanese yen appreciation. Posted on Forex Video Zone. Go to Source
This video explains the meaning of the LIBOR rate and its influence on the Forex market. As the example, the Australian LIBOR is given with its influence on the AUD/USD currency pair. Posted on Forex Video Zone. Go to Source


Medium-term Forex trading can be greatly enhanced with the use of the two rather popular indicators — EMA (Exponential Moving Average) with the period 50 and EMA with the period 100. Like with the previous EMA 200 videos, these two free Forex videos explain the meaning of the two EMAs, how they can be used and also show how to apply EMA 50 and 100 on MetaTrader 4 charts; examples of usage are also demonstrated. Posted on Forex Video Zone. Go to Source




These three Forex videos show a rather popular mistake among the gambler-type Forex traders that is averaging down. Although in the example shown in the videos the result isn’t so bad, the overall practice is potentially very dangerous. Watch this interesting video series and you won’t regret it. Posted on Forex Video Zone. Go to Source
Sentiment of the large part of the Forex traders’ community can often be wrong about forecasting the future movements of the market. Watch this video to see an example of the sentiment forecasting of a bottom on USD/JPY, which turned out to be wrong. According to the author of the video, the moral is that when the majority sees a top or a bottom of the trend, it’s most probably not a top or a bottom. Posted on Forex Video Zone. Go to Source


The ForexTeam continues a series of the Forex trend indicator videos (see ADX Indicator) with the EMA 200 indicator. 200 is the period of the Exponential Moving Average used to determine the long-term trends of the currency pairs. If applied on the daily chart EMA with period of 200 will show approximately the average price line over the year’s period. Watch both videos to get more technical and fundamental background behind this trend indicator, as well as some interesting chart examples. Posted on Forex Video Zone. Go to Source


These two Forex videos present a tutorial on using the MetaTrader ADX indicator (Average Directional Movement Index) to measure the trends. The first video offers more detailed information about the indicator itself, its history and the methods of calculations. The second video demonstrates some usage examples in the MetaTrader 4 platform. Posted on Forex Video Zone. Go to Source
This Forex video tutorial demonstrates how to properly identify and draw trend line on the candlestick charts and then use the resulting chart picture to find the right trading entry and exit signals for the given currency pair. Posted on Forex Video Zone. Go to Source
A video technical analysis for the intraday Forex trading session on November 10. Trend channels and support and resistance levels give some basic hint to the currency pair’s behavior. Posted on Forex Video Zone. Go to Source