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Beginning Forex - How Are Lots Traded & What The Heck is a PIP?
If you are new to Forex, no doubt you are confused by all of the
strange and unfamiliar terminology. For example, what is a pip?
Also, you are probably already aware that Forex trading can be
risky. How can you limit your loss and best protect...
Gold Heading to $1,000 an Ounce: 13 Reasons Why This Can Happen
Many people are not aware that Gold peaked at over $850 an ounce in the 1980's. It has been in a bear (depressed market) for 20 years since but Gold has been marching higher for three and a half years, even in the absence of major inflation. Now,...
Interested in FOREX Trading?
The Foreign Exchange Market (FOREX) has no central exchange location yet it is the largest financial market in the world. It is over 3x's the size of the stock and futures markets combined and operates via an electronic network of a banks,...
Is there any money left in currency trading?
Currency trading may be one of the most liquid forms of trading,
but it is also a volatile market that requires strategy if you
wish to make money. The truth is that more people make small
profits in this market, while a few are highly...
Mazu e currency program and sports arbitrage trading reviewed
Mazu e currency and sports arbitrage reviewed
The mazu e currency program is a book that tells you how
you can start investing your money into the e currency exchange
system using very little time and very little effort. It guides
you...
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What's the .382 Fibonacci Ratio in Forex Trading?
It was mentioned in a past article that Fibonacci forex trading is the basis of many forex trading systems used around the world by profitable forex traders. These systems are all based on the famous Fibonacci ratios (.236, .50, .382, .618, etc.) and each of them can specialize in a particular ratio along with other minor indicators in order to make the pinpointing of the entry and exit levels as accurate and profitable as possible.
One of the widely used Fibonacci ratios is the 0.382 ratio. As it can be easily seen on any forex chart, currency prices are continually changing and they follow an oscillatory pattern with peaks and valleys. The limit of the peak is usually called a resistance level while the valley is usually called a support.
In order to find the 0.382 ratio level what you do is, first; measure the size of the drop or rise over your time of interest. Once you have that value you multiply this by 0.382. Now depending on what you are looking at, a rise or a drop on the price of the particular "currency pair" you are trading, you will add the last value you calculated to the total drop or subtract the value from the total rise.
These operations will give you the 0.382 Fibonacci ratio
level, either for a rise or a drop on the chart you are analyzing. Once you have the value you can then start planning the strategy you will follow in order to make a high probability profit from this valuable information. For the 0.382 ratio level calculated for a recent rise in the "currency pair" exchange price, your calculated level will be a highly probable support and for the case of a level calculated for a recent drop of the prices your level will be a highly probable resistance.
Knowing this ahead of the market and having the proper secondary indicators, will give you a huge advantage over most forex traders, and that's something any trader would like they could count on. That's why Fibonacci trading is so widely accepted over the world, and of course, why it's so profitable and successful.
Free chapters of a forex day trading system can be downloaded at http://www.1-forex.com in case you are interested in learning more about Fibonacci forex trading. About the Author
Adrian Pablo; Forex trader and freelance writer.
>> http://www.1-forex.com
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Currency Trading, Forex Trading, Forex, Online Currency Trading |
Offers 24 hour online currency trading for institutions and professional traders. |
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OANDA FXGame - Currency Trading Demo Platform |
You can start playing the currency trading market with real market conditions ... The platform was created with the goal of making currency trading ... |
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Forex | Forex Trading | Forex Minis | Online Currency Trading |
FOREX.com - THE site for forex trading. 24hr commission-free currency trading w/ real time execution and guaranteed fills. Forex mini accounts from $250, ... |
www.forex.com |
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Currency Trading News, Forex Trading News, FX News, Forex News |
Currency Trading News, Forex Trading News, FX News, Forex News - Daily FX. |
www.dailyfx.com |
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Currencies - Currency Converter & Latest Rates at CNNMoney.com |
Dec 6 1:18pm ET †, US $, UK £, Japan ¥, Euro €. US $, 0.5079, 115.05, 0.7517. UK £, 1.969, 226.50, 1.4798. Japan ¥, 0.008692, 0.004415, 0.006533 ... |
money.cnn.com |
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FOREX Advisory |
The CFTC urges you to be skeptical when promoters of foreign currency trading claim that their services or account management will earn high profits with ... |
www.cftc.gov |
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Forex Trading: Online Currency Trading from Global Forex Trading |
Global Forex Trading is the premier online foreign currency trading firm and a primary market maker. To learn more about forex trading, visit GFTForex.com. |
www.gftforex.com |
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Amazon.com: Foreign Currency Trading: From the Fundamentals to the ... |
Amazon.com: Foreign Currency Trading: From the Fundamentals to the Fine Points: Books: Russell Wasendorf by Russell Wasendorf. |
www.amazon.com |
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Forex, Online Currency Trading, FX, Foreign Exchange | ACM Forex |
Forex Trading with The Forex Broker. ACM offers online currency trading, commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, ... |
www.ac-markets.com |
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OANDA FXTrade - Currency Trading, Forex Trading, Online Currency ... |
Currency Trading with FXTrade, leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour forex trading. |
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Forex-Day-Trading.com - Currency Trading with FREE Training |
Learn how to day trade currencies with our free training. Try a free forex trading demo for 30 days. |
www.forex-day-trading.com |
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Forex Online Currency Trading: Welcome to Global Forex |
Global Forex offers online currency forex trading at inter-bank FOREX rates. Try our FREE online forex demo trading system. |
www.globalforex.com |
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Forex trading - Realtime Forex online currency trading |
Realtime Forex offers commission-free online currency trading on live foreign exchange prices. Realtime Forex’s currency trading service also includes free ... |
www.realtimeforex.com |
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Forex Blog |
Forex news blog with daily commentary. Has a good beginner's article. |
www.forexblog.org |
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Common Questions About Currency Trading |
Whether you're puzzled by pips or curious about carry trades, your queries are answered here. |
www.investopedia.com |
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OANDA FXTrade - Currency Trading Basics |
Currency Trading Basics. Exchange Rates and Spreads: ... In currency trading, these codes are often used to express which specific currencies make up a ... |
fxtrade.oanda.com |
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Currency trading, free forex charts, news and analysis |
Online currency trading with technical analysis, charts and forex news. |
www.gfforex.com |
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Finance - Currency-Trading Ezine Articles |
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
ezinearticles.com |
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MGFOREX |
MG Financial Group - Forex, FX, Online Forex Trading. |
www.mgforex.com |
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DirectoryM - Debt Settlement Solutions |
Simply provide your contact details and describe your needs to receive a free consultation from business or personal debt service providers. |
www.directorym.com |
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