After watching the awesome (and cocky — according to Conan O’Brien) video of Apple’s iPad 2 Launch by Steve Jobs… I start wondering if I might be able to execute forex trades on iPad 2? Why not? It has wi-fi internet connection and the screen is verrry high definition.
Let’s check the iPad 2 specs here!
Watch Steve Jobs Launch iPad 2!
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Read a hub about Forex! http://hubpages.com/hub/forex-trading—another-way-to-earn-profits-using-your-wits
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yelokabpipza
There are one hundred men seeking security to one able man who is willing to risk his fortune. – J. Paul Getty
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What is a Technical Indicator?
A technical indicator is a result of calculations based on indications of price or volume, or both. It is used to predict changes.
Technical indicators are the opposite of the fundamental indicators because they do not give a damn to any of the fundie data such as GDP, employment, housing, spending, or inflation.
Technical indicators, popular to most day traders and market makers, basically analyze price movements in short-term periods.
Technical indicators help predict general direction of price and volume based on past market data.
Technical analysts believe that history repeats itself in any market, like forex or foreign exchange market. Investors tend to copy the behavior of the investors before them. This pattern often develops on a chart.
While many claim that technical rules on trading may give consistent returns, technical indicators are not designed to predict sudden change of events like intervention from central banks. However, some speculate that a combination of signals from different sources may help improve the level of profitability.
2 Types of Technical Indicators: Leading and Lagging.
Leading indicators are programmed to lead movements of price. Examples are RSI and Stochastic.
Lagging indicators – or trend-following indicators – mainly follows the price action. Examples are moving averages and MACD.
Other technical indicators include Bollinger Bands, EMA, Fibonacci, and many more.
Sources:
BabyPips.com’s Forexpedia
Wikipedia
Investopedia
StockCharts.com
MQL4.com -
yelokabpipza
“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do.” – Mark Twain
Yelokab Pipza – ForexMistress.com -
yelokabpipza
What is Forex? Forex is the nickname of Foreign Exchange Market. Forex trade is simply trading one currency against another currency; hence, the currency pairs like EUR/USD and GBP/JPY. It is the process of selling one currency while — at the same time — buying another currency. Yelokab Pipza – ForexMistress.com
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ForexTrivia com is a special forex blog page…
ForexTrivia.com is a special forex blog page created for tiny posts about tidbits of anything and everything information.
Short but sweet forex-related posts!
Post your questions as comments — and see them on the next posts.
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Updates will be done everyday just like the term-of-the-day thing until questions start pouring in. lol
Expect to experience information overload about forex in ForexTrivia.com!
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