Forex Training

By Hass67

If you want to do anything new in life, you have to first learn it. The same principle applies to forex trading. Forex trading without proper learning and no education is a sure recipe for disaster. If you want to trade forex than you need to first understand how the forex markets work.

I remember I used to be very fond of playing tennis. The whole day, I would wait when I would enter the tennis court in the evening. In the beginning, I was not a good tennis player. By buying a tennis racket or a golf set, you do not become a good player. This is only the first step. You have to make an effort.

The whole day I would wait when evening would come and I could play tennis. I would do wall practice. So, I would practice and practice. Sometimes, I would play with my coach.

But I had a determination. I had an ambition. I would dream of becoming a very good tennis players and defeating every other good player who played against me. With practice, learning and determination, I became a good tennis player.

Becoming a successful forex trader should be your dream. Learn everything you can about forex. Practice and practice! Dont rush.

A good forex trading course is must for you for understanding the forex markets and for future reference. Go through the course form finish to the start again and again, many times. Pause, ponder and think on every detail given in it.

The most important steps for you to grasp is to how to identify the behavior of the market at a certain point in time. You can only do this by learning Technical Analysis.

Learn what the lagging indicators and what are the leading indicators. Lagging indicators depend on the past behavior of price action. Leading indicators predict the future likely course of the prices in the market.

Grasp how support and resistance works. You should have a pretty good knowledge about EMAs, SMAs, MACD, Bollinger Bands, ADX, etc. Pivot Points are used by many successful traders to determine entry and exit in the market. Understand the use of Pivot Points.

Learn the money management principles. This is one thing that most traders simply skip. Do you know that in the end, it is good money and risk management that can make you a good trader? - 23208

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in investing, options and forex trading. Know the Best Forex Trading Course. Discover a revolutionary new Forex Robot.

The 10 most profitable candlestick patterns

By Mark Deaton

There are literally hundreds of candlestick patterns that traders use to increase their trading performance. Best used with other technical analysis tools, here are the top 10 patterns that provide the most consistent results.

* The dark cloud cover: This 2 candlestick high probability formation is bearish. Generally the first candlestick is continuing the bull trend and the next candlestick will gap up and open appearing to continue the trend, but fail to make any bullish headway and close well below the open and well into the real body of the first candlestick.

* Doji: You will find doji's where the open close, high and low are in close proximity. The candlestick ends up looking like a small cross. It means that the buyers and sellers are indecisive and can indicate potentially that a reversal is about to take place.

* Engulfing Pattern: This is a two-day pattern where the first day's body is smaller than the subsequent candlestick, and they are both of opposite colors. This pattern is considered bearish when it appears at the end of an uptrend and bullish when it occurs in a down trending market.

* Evening star candlestick: This is a 3 bar bearish candlestick pattern. The first candlestick will be a rather strong white candlestick the second is a gap up short bodied candlestick indicating a weakness in bullish strength, then the final is a gap down bearish black candlestick where typically the low reaches beyond the 50% mark of candlestick #1.

* Hammer: When trading occurs significantly below the open, but ends well above the low and closes as its high, the candlestick formed has only one tail below its body. When this formation occurs during a downtrend, it often signals a reversal.

* Hanging man: The hanging man is still a hammer, but when its on an uptrend its called a hanging man. Look to the long tail for the intuitiveness in the candlestick. Price pushed down but failed to stay there, this is bullish and so the hanging man tells us the trend will continue. A continuation candlestick.

* Harami candlestick: This is a 2 candlestick formation. It resembles the exact opposite as the engulfing pattern. This pattern will show price opening and closing within the open and close of the previous candlestick and demonstrates a potential reversal in the short term trend. This can be bullish or bearish depending on the color of each candlestick and where it appears in the trend. Each candlestick will be a different color.

* Morning Star: This formation is considered a three day bullish reversal pattern that consists of a long bodied black first day, a short gap down second day, followed by a third long white bodied candle, which closes above the midpoint of the first day.

* The piercing line: This pattern is just two candlesticks. It is a bullish reversal pattern. What happens here is the first candlestick will continue the bearish trend down and the next will appear to be following suite on the open but will surprise you as it closes much higher and exceed the 50% level of the first candlestick.

* Shooting star: This is a single candlestick pattern. It looks like an upside down hammer and signals a bearish reversal. As such it's best when found on a bullish uptrend. Look to the long upper witch for the intuitiveness in this candlestick. The bulls pushed hard like they did in the prevailing trend but the bears won the race by days end closing near the low / open. - 23208

About the Author:

Mastering candlestick charts and candlestick patterns is so easy once you get the hang of it. Once you have intuitive knowledge of exactly how to apply these patterns visit us at http://www.candlestickgenius.com

Making Smart Investments During The Recession

By Rick Amorey

The economy is in a recession, and as many people have said, it may get worse before it gets better. That said, this is not the time to lose all sensibilities; the financial institution may be experiencing problems, but it is still completely functional. There is no need to panic and keep your money under your mattress.

Instead, make wise decisions with your money in this time of crisis. To lose that which you probably have saved for your whole life may be terrible; but to fearfully keep it in storage without being used is just sad. Make careful decisions to avoid burning out during this recession, but do make decisions. That light at the end of the long tunnel wouldn't come to you; you are the one who's going to move toward it.

If you have a few stock investments in mind, go for it. Purchase those bonds you've had your eye on. As long as you have thought about it carefully, and have consulted with a qualified broker about your decision to do so, then you have nothing to fear. Just don't make any hasty decisions, and think it thoroughly as you would any other investment you decide to pursue.

I have stated the consultation of a qualified stock broker. If you place your stock orders via the Internet, its wise advise to do a background check on anyone who is going to handle your money. Is this individual really connected with the brokerage firm? How about licenses? Does the brokerage firm have it? Make sure you are not scammed by a Boiler Room firm.

Put that money to good use. Stagnant assets are really not assets at all, and they will eventually become liabilities as time goes by and they depreciate in value. When consumers begin to spend again, and the economy picks up, everything will slowly recover. For now, make sure to make the best decision in investing. - 23208

About the Author:

Do not fall for get-rich-quick schemes that are rampant on the Internet! With the help of Emini Trading, you will learn a disciplined, solid methodology that will get you to consistently earn more and more with trading. Be a part of the Emini Trading System now!

A Guide To Real Estate Investing

By Matt Leitz

Real estate investment has become one of the best ways to invest your money. This sector is also growing at a very rapid pace. This is why if you have some extra cash that you want to invest, this is the way forward for you. The returns that are realized from the real estate are often very attractive. This is why there are very many companies that are coming up with real estate investment guides, which are not always effective. Below are some tips that will assist you when you want to become a real estate investor.

Lower Buying Price A good investment property will come at a lower buying price compared to the current market prices. The reasons as to why sellers settle for low prices are many. They may range from emergencies, diseases, urgent need for cash or even divorce. If the property being offered is expensive, it means you may need to wait for longer before you receive your investment worth. Be informed that most properties may come at lower prices and may need furnishing before they can be used. In such cases, you will need to identify the costs of upgrading or furnishing before you buy.

Short Term Investment Short term investments can be best described when a person buys a house and then sales it at a profit. The good thing about such investments is that the profits are guaranteed. The period of waiting and speculating is also short compared to long term investments. Care should however be taken since there may be extra hidden costs. If you end up with a house that needs a lot of cash to repair and upgrade, you may end up overstretching your budget and thereby increasing your selling prices to a figure you never thought of in search of a better return. You are advised to properly value the property before you buy it.

Long Term Investment Long term investments on the other hand involve buying a property which will appreciate with time to give you returns. The waiting time is long and commitment and patience may be needed here. The good thing is that long term investments provide more returns, which nay stretch for several years. It may involve renting of property which means a constant flow of cash. Such investments however have laws and regulations which need to be fully adhered to. Such laws involve contracts, payments, taxes and right by the tenants.

Whichever real estate investment you may choose, be sure to seek for advice before you get into a deal else it will frustrate you. - 23208

About the Author:

Matt Leitz, the owner of the website http://www.RealEstateInvestor.com has created a great community for real estate investors to interact with likeminded groups and individuals which finally helps them in increasing their business. Real Estate Investor helps to discover the real secrets of investing in real estate and making huge profits.

Five Signs of an Oil and Gas Investment Scam

By Terry Stanfield

If you are talking to a company about oil and gas investments it is important to know the signs of a scam. There are scams in every industry or anything that pertains to money. Don't let someone scam you of your money. Here are six easy ways to tell you are talking to a scammer.

1. If you are talking to an oil investments company who claims there is absolutely no risk with the investment, it is a scam. Oil is a risky investment. Any smart investor knows this and any company who tells you otherwise is lying. You can lose every dime when you invest in oil and gas. This is a fact. You can also make a killing, but the risk is very high.

2. If a gas investments company tells you that they have found a well that is guaranteed to make money, you know it is a scam. There is no guarantee that a well is not dry. If the investment firm knew 100% that the well was guaranteed they wouldn't be asking you for your money. No well is for sure. You are taking the risk of the investment that it might not be.

3. Many scammers will tell you that a well known oil company is planning to start drilling in a particular area. Think about your investment. Are you investing in a location, the drilling company, or what? Drilling is about location but you cannot guarantee a location has oil.

4. It is also common for scammers to say they have landed a huge discovery and they want to share it with you for a price. This is not how oil investments work and you should be leery about anything like this. Many scammers offer e-books and other things that claim inside of them is the truth about investing and you will make a ton of money if you buy the products. Don't fall for these types of scams.

5. The Better Business Bureau has many complaints from people about being scammed. If someone gets scammed they are quick to go to this resource. Always verify the company is not ripping people off.

If you are looking into oil and gas investing it is important you do plenty of research. You can trust people but you must always verify what they are saying is true. Many things being said to you may not even be worth wasting your time to verify because they are just not true. Understand that anyone who dumps their money and funds into gas investments is taking a serious risk. There are no 'secret' tips and there is no guarantee, ever. - 23208

About the Author:

Visit Evans Energy's site for information on investng in oil and gas and oil and gas investment benefits.