Archive for November, 2009

New Forex Software Makes Small Investors Millionaires

Everyday more than 2 trillion dollars are traded in the currency market better known as forex (foreign exchange) as compared to just 50 billion for the stock market. The problem is that 95 percent of people lose 100 percent of their initial investment money trying. The 5 percent that do make money are staggeringly [...]

Using Two Indicators Crossover as an Entry Condition in Forex Trading

Forex Education : Using Two Indicators Crossover as an Entry Condition in Forex Trading
Crossover of two Momentum indicators
Let’s assume we want to enter the market when two Momentum indicators cross each other. We’ll use: Fast Momentum (10) and Slow Momentum (20)
The formula we use for calculating the Momentum indicator is as follows:
Momentum(10) = Price – [...]