The Forex
Is there any intelligence to Trading Forex or is it merely subject to interbank flows and basic supp/demand?
How can one trade forex in a manner that least resembles gambling– over what period of time can one see some logic to a Forex Trade?
Who are the main players that govern the price levels of currency and what effects do individual traders have?
how do hedge funds trade currencies?
Does technical analysis really work? The idea of of using tech analysis seems so silly–what is the theory behind it?
Any additional information you may have, I’d really appreciate.
The currency pairs move in the direction of the trend, you anayze trends and it will help greatly, expecially the larger trends, short term moves within the trend are based on news items and parallel and inverse analysis.
Here are some technical papers to read:
http://www.articlealley.com/article_152420_19.html
http://users.search-o-rama.com/Article272207.htm
You can also monitor support and resistance with price alarms.
http://www.easyarticles.com/article-62743.htm
Good luck with your forex joyrney.
Mark Mc Donnell
http://www.forexearlywarning.com/index.cfm
How To Trade Forex price action trading
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August 6, 2010 10:14 am 
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