Forex United States Dollar Charts - Forexmospherians.com

9th May -> loonie short

Hi guys, I am pretty busy, but found some time to enter on what I was looking at longer time. I would love to join you in the chat, but atm time is my enemy. So thanks everyone for the great posts. And btw, trying the Oanda charting software again =) This is demo acc but approx same position taken on my real MT4, mby I should move my money to Oanda?..

Comments

  • Fantastic charting Daniel, I moved from FX pro to Oanda as there charting package works on Mac. I like Oanda, they offer better time frames for the Mac so I'am staying put.

    All the best JR

  • Clean charts Daniel and agree with John on timeframes, no distraction you get from watching bells and whistles. Love the news tool and can switch on or off chart screen.

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Forex Market analysis relies on two types of analysis much like Stock Markets: Technical Forex Market Analysis views the data on a chart and considers that the News and Data is built into the Price already (economic, political, social, sentimental and psychological). Various tools and indicators will be used by technical traders, for instance MACD, Bollinger Bands, Moving Averages and more.
Fundamental Forex Market Analysis also uses indicators, for instance reports, Gross Domestic Production (GDP), Retail sales, Consumer spending, Industrial Production, Consumer Price Index, Commodities, Economic Calendars, Balance of Trade levels which could identify Trends between other Nations and more.

Jim M