Archive for May, 2007
Forex Candlesticks – Reversal Days
Posted on24. May, 2007 by admin.
A reversal high day is a day in which the high price reaches a level higher than the previous high, and then reverses to close below the previous close. Like spike days, a reversal high day’s mirror image is a reversal low day, in which the market sets a new low before reversing to close [...]
Continue Reading
Forex Candlesticks – Spikes Days
Posted on24. May, 2007 by admin.
A spike high is a period whose high is sharply above both the high of the previous period as well as the high of the following period. Conversely, a spike low is a day whose low price is sharply below both the low of the following period as well as the low of the previous [...]
Continue Reading
The Source of High Quality Insurance Leads
Posted on07. May, 2007 by admin.
This is Paid Review
QuotesAuction.com are the nation’s leading internet insurance leads provider specializing in highest quality Life Insurance Leads.
They spend millions of dollars on internet marketing generating thousands of highly qualified real time internet insurance leads daily in most lines of insurance. They hold top positions on all search engines [...]
Continue Reading
The U.S. Prime Rate
Posted on07. May, 2007 by admin.
This is Paid Review
The Wall Street Journal Prime Rate (WSJ Prime Rate) is the interest rate charged by banks when they lend money to other banks, or to their [...]
Continue Reading
The 0% APR Credit Card Balance Transfer Website
Posted on07. May, 2007 by admin.
This is paid review
Let The Credit Card Companies Compete For Your Business; Get The Best 0% Credit Card Balance Transfer Deal!
Credit Card Balance Transfers give you the power to transfer one or more of your high interest rate credit [...]
Continue Reading
Forex Candlestick: Introduction to Candlestick and Candlestick Patterns
Posted on02. May, 2007 by admin.
What is a candlestick chart?
Candlestick charts shows information about the price action and the movement of the currency price over a specified period of time. It contains the market’s open, closing, low and high of that specific time frame.
On a daily chart, each candle represents a 24 hours period. It contains information of the daily [...]
Continue Reading
Forex Technical Analysis: Price Channels
Posted on02. May, 2007 by admin.
A trending market can move between parallel support and resistance levels. A price channel between two parallel lines can often be drawn in a trending market. The key to a price channel is that the lines be parallel to each other. The value of the price channel in predicting the ongoing speed of a trend [...]
Continue Reading
Forex Technical Analysis: Howto Trade the Trend Lines?
Posted on01. May, 2007 by admin.
Only one of two things can happen when a price approaches support or resistance: the price can break through it, or it can bounce off and reverse direction. The same is of course true for trend lines.
1. Trading on a Pullback
If a chart is trending in a clear direction, and a trend line can be [...]
Continue Reading
Forex Technical Analysis: What are Trend Lines?
Posted on01. May, 2007 by admin.
What are Trend lines?
Trend lines are lines drawn on the historical price levels that depict general direction of where the marking is heading, and provide indications of support or resistance.
Drawing trend lines is a highly subjective matter. The best test of whether a trend line is a valid one is usually whether it looks like [...]
Continue Reading
Forex Technical Analysis: What are Trending and Ranging Markets
Posted on01. May, 2007 by admin.
In Trending Markets
The existence of a trend in any market depends on a series of relative highs and lows. Two consecutive relative highs, each above the previous relative high, and two relative lows above the previous low would be constitute a tentative up-trend. A third relative high would confirm the trend.
The continuation of a [...]
