Showing category "forex" (Show all posts)

Run with your national flag

Posted by nepafx on Wednesday, February 22, 2012, In : forex 

The flag formation is a reliable chart pattern that provides two vital signals: direction and price objective. This formation consists of a brief consolidation period within a solid and steep upward trend or downward trend. The consolidation itself tends to be sloped in the opposite direction from the slope of the original trend, or simply flat. 

There are many different patterns that traders follow to help time entries and exits. Flag means? You understand flag, same like cloth piece and a po...


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New home Sales: Economic Indicator and Effects

Posted by Nepafx on Saturday, February 18, 2012, In : forex 
This provides a gauge of not only the demand for housing, but the economic momentum. People have to be feeling pretty comfortable and confident in their own financial position to buy a house. Furthermore, this narrow piece of data has a powerful multiplier effect through the economy, and therefore across the markets and your investments. By tracking economic data such as new home sales, investors can gain specific investment ideas as well as broad guidance for managing a portfolio. Each time ...
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