Forex Secret - Enter To Trade Using Slanted Channels At Forex Market - Part I

According to the classicists of Forex, the tactics of opening/closing the deals, where the use is made of slanted channels, can be conditionally divided into the following groups.

1. The work inside the slanted channel (recoil from the slanted channel level).

2. The w...


Forex Trading - How Exactly Does the Forex Market Work?

The forex market is like an onion. It has many layers. These layers are hidden by the layers above it. Let"s peel the onion and see what we find.

The top layer is the retail trader. That"s you and me. We"re the surface. When you look at the forex market, we are what you see. ...


Forex Secrets - Support and Resistance Levels in Forex Market

Support and resistance are the known cornerstones in Forex technical, wherein:

1. a current Forex rate (CFR) is surrounded by levels of:

a). resistance being superior to CFR;

b). support being inferior to CFR.

2. a level breakthrough triggers a leap to a con...


Forex Secret - Slanted Channels as Instrument for Giving Analysis at Forex Market

The slanted channel notion implies the trend direction detection. The reader should keep in mind that ?the trend is our friend?. That is, if one clearly sees the trend direction, one works along it.

For instance, let us examine a chart from ?Technical analysis of future marke...

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