Trading the Forex Using Automated Systems

Archives for February, 2010

This educational Forex video demonstrates a process of placement of the support and resistance levels on daily, H4 and H1 charts. The proper placement of the support and resistance allows a precise prediction of the breakout and bounce levels. Posted on Forex Video Zone. Go to Source
This short Forex video offers a simple technical analysis of the EUR/USD currency pair ahead of the European and U.S. trading sessions. Posted on Forex Video Zone. Go to Source
This video is a latest analysis of the major currency pairs. It’s difficult to predict anything in the current market conditions. The recent dollar sell-off may be both the short lived correction or a return to the long-term bearish trend. Posted on Forex Video Zone. Go to Source
President’s Day holiday makes the daily volume rather low for at least the dollar-based currency pairs today, so the trading may be quite surprising today. Watch this fundamental and technical analysis Forex video to gain some insight for the intraday EUR/USD and other major pairs’ behavior. Posted on Forex Video Zone. Go to Source
This free Forex video presents a technical and fundamental analysis of the major currency pairs, focusing on the EUR/USD pair. The dollar continues to benefit from the uncertainty around the situation with Greece in Eurozone. From the technical point of view the breakout through the support level to the new lows is possible. Posted on Forex Video Zone. Go to Source
This issue of the daily currency outlook covers the fundamental and technical factors that currently move EUR/USD, AUD/USD and some other major currency pairs. It’s quite an important day for the euro and thus for many Forex pairs. Posted on Forex Video Zone. Go to Source
This is a combined long-term and short-term technical analysis of the AUD/USD currency pair. This video explains the behavior of this Forex pair based on the trendlines in channels. Posted on Forex Video Zone. Go to Source
This free Forex video demonstrates how both bullish and bearish MACD divergence works as an indicator of the trend change in currency trading. When you see higher highs on the Forex chart and at the same moment lower highs on the MACD chart that means that the price trend is going to change from bullish to bearish. If you see lower low on the main chart and higher low on the MACD histogram, expect a trend change from bullish to bearish. Posted on Forex Video Zone. Go to Source
Along with the stop-loss, take-profit is also a very important type of orders in the currency trading specifically and in financial trading in general. Take-profit allows you to automatically capture the profits before the price bounces back from the favorable market point. This video thoroughly explains the concept of take-profit in Forex. Posted on Forex Video Zone. Go to Source
This free Forex video will introduce the concept of forward-testing in MetaTrader to you. Forward-testing of the expert advisors is much slower than the backtesting, but it’s also much more reliable than the backtests as you trade in the real market conditions with the real flow of ticks and quotes. Posted on Forex Video Zone. Go to Source