Forex Research Central
I spend a lot of time doing research on forex markets. Primary for my own trading but also done that for institutional clients. Following articles are the ones I have summarized from my years of research notes. I will keep posting more whenever I can squeeze time out from my schedule.
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alphabetical order | posting date
According to the latest report from Bloomberg, the official WM/Reuters rates are rigged for a long time. The article is a good read for any forex traders not aware of the problem. The scam is done in such elaborate manner that it can put those heist ...
Just posted a new article, Weekly STOPD Pattern: Forex Bearish Midpoint Cross, for premium members. I will post a few more as soon as possible because I see a storm coming soon in the forex arena. Forex traders will need all the tools and help to sur ...
I often mention that when a major pair crosses its previous week midpoint, certain bias is triggered. Somehow many readers find it difficult to follow the concept. This is a simple example model showing how it works. Following is a 4 hour chart of B ...
I wrote about social trading several weeks ago and some readers would like to know my objective take on this trading style. I do not expect that there are so many people interested in the subject. I am posting my first impression here since I have al ...
"How much money will I make trading Forex?" is the question I am going to answer in this article. I have posted another article, Position Sizing For Forex Traders and CFD Traders, that serves as the basis on the position sizing that will b ...
Unlike trading index future contracts or commodity future contracts having a steep margin requirement and higher minimum account size across the board, forex trading (and CFD trading) can be done with very small size account. I am not talking about t ...
Most of the time, when we are looking for a pip calculator, we are not doing that for educational purpose. There is usually a need, a pretty urgent one, to find out how much money is on the line with a particular position. Given that as the requireme ...
When A Day Starts At 5 pm Forex markets open continuously 5 days a week, 24 hours a day. The usual time the retail forex markets open is on Sunday at 5 pm, North America Eastern time, until Friday at 5 pm in the same week. Some brokerages offer trad ...
Bear Putting is the concept of taking advantage of an established down move to capture a part of the move from its remaining momentum to the down side. Similar to the Bull Putting concept, many traders simply ignore this part of the swing if they are not in a short position already. Some will even try to pick bottom against the prevailing down trend. This article will show you that the correct approach to situation like this is to join the side that is still in control.
Bear Putting Models
Following is 24 hour euro dollar chart with dollar gain per $10K lot in the lower panel. The models are in the market 5% to 6% of the time only.
...Bull Putting is the concept of taking advantage of a strong up swing to catch some profit from the remaining part of the move. The idea is sound but most people would not participate in this kind of trades. Many traders think that they can do better than just collecting scrapes. Well, what they fail to see is that these scrapes add up to a lot of money.
The Daytrading Models
Following is a euro dollar 24 hour chart with dollar gain per $10K lot in the lower panel. The models only stay in the market 7% of the time. It is mutually exclusive with the daytrading version of Simplex Trading System, meaning that their trades do not share the same trading days.
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