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	<title>Forex Commentary &#187; fap</title>
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	<description>Forex tools and softwares reviewed</description>
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		<title>Improve Any Forex Day Trading Method With These Forex Trading Strategies</title>
		<link>http://forex-commentary.com/improve-any-forex-day-trading-method-with-these-forex-trading-strategies-10</link>
		<comments>http://forex-commentary.com/improve-any-forex-day-trading-method-with-these-forex-trading-strategies-10#comments</comments>
		<pubDate>Fri, 08 Apr 2011 19:43:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Trading Methods]]></category>
		<category><![CDATA[advice]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[analysis]]></category>
		<category><![CDATA[auto]]></category>
		<category><![CDATA[automated]]></category>
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		<category><![CDATA[best]]></category>
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		<category><![CDATA[tracer]]></category>
		<category><![CDATA[trade]]></category>
		<category><![CDATA[trader]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[Training]]></category>
		<category><![CDATA[turbo]]></category>
		<category><![CDATA[tutorials]]></category>
		<category><![CDATA[work]]></category>

		<guid isPermaLink="false">http://forex-commentary.com/improve-any-forex-day-trading-method-with-these-forex-trading-strategies-10</guid>
		<description><![CDATA[http://www.FapTrader.com &#8211; Forex Robot That Is Capable Of Doubling Your Money Every Single Month. BIG Money Is Made NOT By Working Hard But By Working SMART! A trading forex robot is a software program that automatically enters and exits trades in the forex market with the intention of turning a profit. Many traders switch to [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/FZCMoeKaz3k/0.jpg" align="left"/>http://www.FapTrader.com &#8211; Forex Robot That Is Capable Of Doubling Your Money Every Single Month. BIG Money Is Made NOT By Working Hard But By Working SMART! A trading forex robot is a software program that automatically enters and exits trades in the forex market with the intention of turning a profit. Many traders switch to these systems because they are tired of the hassle of manual trading. When trading manually you have to spend countless hours each day monitoring the market, and you also have to spend countless hours staying up to date on your current trades. A forex trading robot takes the hassle of out having to do this, but still allows you to take advantage of the income potential of the forex market.  I would like to show you which robot is the best, but before that we should look at why this robot is the best. advice advisor analysis auto pilot automated autopilot best broker business buy cash conversion converter currencies currency dollar download exchange expert financial forex forextraders foriegn income indicator killer make market money monitor mt4 online pips platform price profit program rate results review robot scalping scam scams secret sell service signal software stock strategy system tips tools tracer trade trader trading training tutorials work pivot Fibonacci fap turbo metatrader</p>
<p>Duration : <b>0:1:45</b></p>
<p><span id="more-1496"></span><br />[youtube FZCMoeKaz3k]</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forex Automated Trading Software Review &#124; Week 3 Fap Turbo Robot Test</title>
		<link>http://forex-commentary.com/forex-automated-trading-software-review-week-3-fap-turbo-robot-test</link>
		<comments>http://forex-commentary.com/forex-automated-trading-software-review-week-3-fap-turbo-robot-test#comments</comments>
		<pubDate>Thu, 31 Mar 2011 10:55:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Software]]></category>
		<category><![CDATA[autopilot]]></category>
		<category><![CDATA[best]]></category>
		<category><![CDATA[beter]]></category>
		<category><![CDATA[fap]]></category>
		<category><![CDATA[fapturbo]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[FX]]></category>
		<category><![CDATA[how]]></category>
		<category><![CDATA[learn]]></category>
		<category><![CDATA[lesson]]></category>
		<category><![CDATA[review]]></category>
		<category><![CDATA[robot]]></category>
		<category><![CDATA[scam]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[system]]></category>
		<category><![CDATA[Test]]></category>
		<category><![CDATA[Testing]]></category>
		<category><![CDATA[to]]></category>
		<category><![CDATA[trade]]></category>
		<category><![CDATA[trader]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[turbo]]></category>
		<category><![CDATA[week]]></category>
		<category><![CDATA[Weekly]]></category>

		<guid isPermaLink="false">http://forex-commentary.com/forex-automated-trading-software-review-week-3-fap-turbo-robot-test</guid>
		<description><![CDATA[http://the-forex-robot-review.blogspot.com/ week 3 of testing out the software watch along weekly as we test out the FapTurbo Forex trader Robot see how the system works any one can do this great for beginers or pros the robot does evrything for you Forex Robot incredible result forex currency trading forex capital free forex forex pip forex [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/23JgcTlyzLc/0.jpg" align="left"/>http://the-forex-robot-review.blogspot.com/<br />
week 3 of testing out the software<br />
watch along weekly as we test out the FapTurbo Forex trader Robot<br />
see how the system works</p>
<p>any one can do this great for beginers or pros the robot does evrything for you</p>
<p>Forex Robot incredible result</p>
<p>forex currency trading<br />
forex capital<br />
free forex<br />
forex pip<br />
forex quote<br />
major foreign exchange markets<br />
forex market hours<br />
forex economic calendar<br />
forex directory<br />
real time forex<br />
forex trade<br />
free forex charts<br />
broker forex trading<br />
forex quotes<br />
forex trading platform<br />
forex trading machine<br />
forex liquidity<br />
how to trade forex<br />
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daily forex<br />
oanda forex<br />
realtime forex<br />
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forex hedge<br />
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forex broker review<br />
forex broker reviews<br />
forex broker<br />
retail forex<br />
forex investments<br />
forex trading<br />
forex trading software<br />
forex brokerage<br />
forex scalping<br />
best forex trading<br />
forex exchange<br />
foreign exchange markets<br />
forex strategies<br />
foreign currency trading<br />
forex trading education<br />
forex investment<br />
learn forex<br />
cms forex<br />
forex trading platforms<br />
velocity forex<br />
forex trading strategy<br />
stealth forex<br />
www forex com<br />
foreign exchange market<br />
forex traders<br />
foreign exchange trade<br />
global currency org<br />
global currency<br />
forex alerts<br />
the foreign exchange market<br />
global foreign exchange<br />
e currency trading<br />
forex tester<br />
forex jobs<br />
forex rss<br />
odl forex<br />
currency trading<br />
online forex trading<br />
forex group<br />
online forex<br />
forex risk<br />
forex trades<br />
forex volume<br />
online currency trading<br />
forex calculator<br />
forex option<br />
forex consultant<br />
automated forex trading<br />
forex trader<br />
forex inc<br />
forex charting<br />
forex charting software<br />
currency quotes<br />
forex capital markets<br />
gfs forex<br />
currency traders<br />
currency markets<br />
forex ebook<br />
forex books<br />
currency trade<br />
fx currency<br />
forex chart<br />
forex futures<br />
forex money<br />
ipb forex<br />
forex investing<br />
forex trading strategies<br />
forex news trading<br />
learn forex trading<br />
currency charts<br />
what is forex trading<br />
currency trader<br />
forex options<br />
currency market<br />
insider code forex<br />
forex enterprises<br />
free forex training<br />
the insider code forex<br />
forex indicators<br />
forex day</p>
<p>Duration : <b>0:3:58</b></p>
<p><span id="more-1484"></span><br />[youtube 23JgcTlyzLc]</p>
]]></content:encoded>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>BEST Forex Trading Strategies, Systems, Methods</title>
		<link>http://forex-commentary.com/best-forex-trading-strategies-systems-methods-4</link>
		<comments>http://forex-commentary.com/best-forex-trading-strategies-systems-methods-4#comments</comments>
		<pubDate>Tue, 15 Mar 2011 23:37:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Trading Methods]]></category>
		<category><![CDATA[automated]]></category>
		<category><![CDATA[autopilot]]></category>
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		<category><![CDATA[broker]]></category>
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		<guid isPermaLink="false">http://forex-commentary.com/best-forex-trading-strategies-systems-methods-4</guid>
		<description><![CDATA[Great FX Product Review: http://fxsoftwarereview.improved-life.com Duration : 0:0:27 [youtube 0UDxIWe9mF0]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/0UDxIWe9mF0/0.jpg" align="left"/>Great FX Product Review:  http://fxsoftwarereview.improved-life.com</p>
<p>Duration : <b>0:0:27</b></p>
<p><span id="more-1447"></span><br />[youtube 0UDxIWe9mF0]</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>I made $519 my first week!  MAKE MONEY $$$</title>
		<link>http://forex-commentary.com/i-made-519-my-first-week-make-money</link>
		<comments>http://forex-commentary.com/i-made-519-my-first-week-make-money#comments</comments>
		<pubDate>Thu, 03 Mar 2011 04:11:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Forum News]]></category>
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		<guid isPermaLink="false">http://forex-commentary.com/i-made-519-my-first-week-make-money</guid>
		<description><![CDATA[http://bit.ly/FOREX2 Get a Forex robot that is capable of doubling your money every single month&#8230;and is the only one with live proof of a $5100 deposit turning into $40000. WITHOUT LIFTING A FINGER! http://bit.ly/FOREX2 We are giving a select group of people the opportunity to live the dream that EVERY single trader in the world has: [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/F-eFGnRythw/0.jpg" align="left"/>http://bit.ly/FOREX2</p>
<p>Get a Forex robot that is capable of doubling your money every single month&#8230;and is the only one with live proof of a $5100 deposit turning into $40000. WITHOUT LIFTING A FINGER!</p>
<p>http://bit.ly/FOREX2</p>
<p>We are giving a select group of people the opportunity to live the dream that EVERY single trader in the world has: trading with an automatic Robot that doubles cash every month! </p>
<p>http://bit.ly/FOREX2</p>
<p>This is a rock solid way to make money online. The Forex market will always be profitable, so you&#8217;ll always have a way to make money from home!</p>
<p>http://bit.ly/FOREX2</p>
<p>Duration : <b>0:5:38</b></p>
<p><span id="more-1420"></span><br />[youtube F-eFGnRythw]</p>
]]></content:encoded>
			<wfw:commentRss>http://forex-commentary.com/i-made-519-my-first-week-make-money/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Free Fap Turbo (Forex RoBot)</title>
		<link>http://forex-commentary.com/free-fap-turbo-forex-robot</link>
		<comments>http://forex-commentary.com/free-fap-turbo-forex-robot#comments</comments>
		<pubDate>Mon, 24 Jan 2011 06:29:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Software]]></category>
		<category><![CDATA[automobiles]]></category>
		<category><![CDATA[computer
Fap]]></category>
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		<category><![CDATA[forex]]></category>
		<category><![CDATA[graphics software]]></category>
		<category><![CDATA[high speed]]></category>
		<category><![CDATA[howto]]></category>
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		<guid isPermaLink="false">http://forex-commentary.com/free-fap-turbo-forex-robot</guid>
		<description><![CDATA[Download at http://rapidshare.com/files/407371846/FAP_Turbo_v4.8_Build_225_with_Profitables_FAP_Turbo_Settings_Guide.rar html I have even bought it for $ 100 forex trading strategies forex day trading forex trading platform forex trading strategy global forex trading forex trading signals automated forex trading forex trading signal managed forex trading forex option trading forex trade forex trading platforms broker forex trading forex market trading mini forex [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/q9MxuEDKFMU/2.jpg" align="left"/>Download at </p>
<p>http://rapidshare.com/files/407371846/FAP_Turbo_v4.8_Build_225_with_Profitables_FAP_Turbo_Settings_Guide.rar</p>
<p>html</p>
<p>I have even bought it for $ 100</p>
<p>forex trading strategies<br />
forex day trading<br />
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forex trading pip<br />
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forex trading pairs<br />
best forex trading software<br />
learning forex trading<br />
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forex trading currencies<br />
currency forex learn online trading<br />
forex capital trading<br />
forex trading software online<br />
forex trading station<br />
forex trading quotes</p>
<p>Duration : <b>0:0:53</b></p>
<p><span id="more-1321"></span><br />[youtube q9MxuEDKFMU]</p>
]]></content:encoded>
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		<title>Forex Robot Settings Scam: Fap Turbo, Megadroid, Bullet Proof.</title>
		<link>http://forex-commentary.com/forex-robot-settings-scam-fap-turbo-megadroid-bullet-proof</link>
		<comments>http://forex-commentary.com/forex-robot-settings-scam-fap-turbo-megadroid-bullet-proof#comments</comments>
		<pubDate>Mon, 27 Dec 2010 06:04:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://forex-commentary.com/forex-robot-settings-scam-fap-turbo-megadroid-bullet-proof</guid>
		<description><![CDATA[http://www.4exrobotreview.com/ , Finally an Honest Review on Forex Robots and there Settings. Fap Turbo , Megadroid and IvyBot . Duration : 0:3:28 [youtube aNxpFiJ46go]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/aNxpFiJ46go/2.jpg" align="left"/>http://www.4exrobotreview.com/ , Finally an Honest Review on Forex Robots and there Settings. Fap Turbo , Megadroid and IvyBot .</p>
<p>Duration : <b>0:3:28</b></p>
<p><span id="more-1271"></span><br />[youtube aNxpFiJ46go]</p>
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		<title>Best Forex System Of Forex Robot FAP Software</title>
		<link>http://forex-commentary.com/best-forex-system-of-forex-robot-fap-software</link>
		<comments>http://forex-commentary.com/best-forex-system-of-forex-robot-fap-software#comments</comments>
		<pubDate>Wed, 22 Dec 2010 11:52:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://forex-commentary.com/best-forex-system-of-forex-robot-fap-software</guid>
		<description><![CDATA[http://thebiggestart.com/forex/ Best Forex System Of Forex Robot FAP Software Profit of software FAP Turbo (forex robot) owners are: living the dream of automatic money free time to do what we need stacks of money to buy what we need Living A Worries-Free Debt-Free Richness Life Is A Truth No One Should Cross traveling WHEN we [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/ase0mZVb0wE/2.jpg" align="left"/>http://thebiggestart.com/forex/<br />
Best Forex System Of Forex Robot FAP Software</p>
<p>Profit of software FAP Turbo (forex robot) owners are:</p>
<p>living the dream of automatic money</p>
<p>free time to do what we need</p>
<p>stacks of money to buy what we need</p>
<p>Living A Worries-Free</p>
<p>Debt-Free</p>
<p>Richness Life Is A Truth No One Should Cross</p>
<p>traveling WHEN we want rather than when we can</p>
<p>ATTENTION!!!our forex robot is not illegal</p>
<p>HOW TO GET IT???</p>
<p>Get It Our Website Now :<br />
http://thebiggestart.com/forex/</p>
<p>Duration : <b>0:1:27</b></p>
<p><span id="more-1263"></span><br />[youtube ase0mZVb0wE]</p>
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		<title>BEST Online Forex Trading Tricks And Techniques</title>
		<link>http://forex-commentary.com/best-online-forex-trading-tricks-and-techniques-2</link>
		<comments>http://forex-commentary.com/best-online-forex-trading-tricks-and-techniques-2#comments</comments>
		<pubDate>Thu, 16 Dec 2010 16:12:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://forex-commentary.com/best-online-forex-trading-tricks-and-techniques-2</guid>
		<description><![CDATA[http://www.ForexAutopilotRobot.com &#8211; BEST Online Forex Trading Tricks And Techniques business buy cash conversion converter currencies currency dollar download exchange expert financial forex forextraders foriegn income indicator killer make market money monitor mt4 online pips platform price profit program rate results review robot scalping scam scams secret sell service signal software stock strategy system tips tools [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/8Sp_0cFE2qQ/2.jpg" align="left"/>http://www.ForexAutopilotRobot.com &#8211; BEST Online Forex Trading Tricks And Techniques<br />
business buy cash conversion converter currencies currency dollar download exchange expert financial forex forextraders foriegn income indicator killer make market money monitor mt4 online pips platform price profit program rate results review robot scalping scam scams secret sell service signal software stock strategy system tips tools tracer trade trader trading training tutorials work pivot Fibonacci fap turbo metatrader<br />
BEST Online Forex Trading Tricks And Techniques </p>
<p>BEST Online Forex Trading Tricks And Techniques broker business buy cash conversion converter currencies currency dollar download exchange expert financial forex forextraders foriegn income indicator killer make market money monitor mt4 online pips platform price profit program rate results review robot scalping scam scams secret sell service signal software stock strategy system tips tools tracer trade trader trading training tutorials work pivot Fibonacci fap turbo metatrader</p>
<p>Duration : <b>0:5:49</b></p>
<p><span id="more-1252"></span><br />[youtube 8Sp_0cFE2qQ]</p>
]]></content:encoded>
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		<title>Forex Trading Strategy &#8211; The Ultimate Momentum Indicator for Huge Profits</title>
		<link>http://forex-commentary.com/forex-trading-strategy-the-ultimate-momentum-indicator-for-huge-profits</link>
		<comments>http://forex-commentary.com/forex-trading-strategy-the-ultimate-momentum-indicator-for-huge-profits#comments</comments>
		<pubDate>Sat, 04 Dec 2010 00:00:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://forex-commentary.com/forex-trading-strategy-the-ultimate-momentum-indicator-for-huge-profits</guid>
		<description><![CDATA[http://www.ForexAutopilotRobot.com &#8211; Forex Trading Strategy &#8211; The Ultimate Momentum Indicator for Huge Profits Many traders in their forex trading strategy simply pick levels and buy or sell into them and hope they hold. This simply sees them lose, as they are hoping levels will hold and NOT acting on confirmation of price momentum to put [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/TdW_PLkeFi4/2.jpg" align="left"/>http://www.ForexAutopilotRobot.com &#8211; Forex Trading Strategy &#8211; The Ultimate Momentum Indicator for Huge Profits<br />
Many traders in their forex trading strategy simply pick levels and buy or sell into them and hope they hold. This simply sees them lose, as they are hoping levels will hold and NOT acting on confirmation of price momentum to put the odds in their favor.</p>
<p>Here we are going to look at the ultimate momentum indicator that will help you time your trading signals with laser accuracy.</p>
<p>The momentum indicator we are referring to is the stochastic and it simply should be considered by anyone serious about making money in forex trading.</p>
<p>The logic</p>
<p>Of the stochastic is based on the assumption, that when a market is rising, it will tend to close near the highs of the session &#8211; and when a market falls, it tends to close near the lows.</p>
<p>Lets look at the calculation although you dont need to understand just as you dont need to understand an internal combustion engine to drive a car you can look at it visually which we will return to in a minute first:</p>
<p>The Calculation</p>
<p>The stochastic oscillator is plotted as two lines called %K, a fast line and %D, a slow line.</p>
<p>• %K line is more sensitive than %D</p>
<p>• %D line is a moving average of %K</p>
<p>• %D line gives the trading signals</p>
<p>Its actually similar to the way a moving average is plotted.</p>
<p>Therefore consider %K as a fast moving average, and %D as a slow moving average.</p>
<p>The lines are plotted on a scale of 1 to 100 scale.</p>
<p>&#8220;Trigger&#8221; lines are normally drawn on stochastics charts at the 80% and 20% level this indicates when markets are overbought, or oversold and a trading signal maybe generated.</p>
<p>Using Stochastics</p>
<p>The best way to get a feel for stochastics and how they can help your forex trading strategy is to look at them you can see them free on many services and a good one is futuresource.com</p>
<p>The 80% value is normally used as an overbought signal, while the 20% is used as an oversold signal.</p>
<p>The signals are even more reliable if a forex trader waits until the %K, and %D lines turn upward, below 5% before buying &#8211; and in conversely, above 95% before selling.</p>
<p>The most reliable way to trade stochastics is to use the above as a warning sign and wait for the stochastic lines to cross with bullish or bearish divergence.</p>
<p>For example, buy when the %K line rises above the %D line, and sell when the %K line falls below the %D line.</p>
<p>Beware of short-term crossovers these can generate a false signal and cause losses.</p>
<p>The best crossover is generated when the %K line intersects, after the peak of the %D line.</p>
<p>Dont worry if it sounds confusing it becomes much easier when you look at the set up on a chart service such as the one we referred to earlier and you will soon be getting the hang of them.</p>
<p>Why they are so valuable</p>
<p>Because they allow you to shift the odds in your favor instead of relying on hope when you trade into support or resistance you will shift the odds in your favor by knowing the strength of price momentum.</p>
<p>Stochastics are the ultimate timing tool for traders and allow you to enter your trading signals with the odds on your side. In any forex trading strategy you need to trade the odds and the stochastic is a powerful weapon that you can use for currency trading success.</p>
<p>Discover the stochastic indicator and you may be glad you did.</p>
<p>GRAB 3 X FREE TRADER &amp; FREE TRADER PROFITS NEWSLETTER</p>
<p>On all aspects of becoming a profitable trader including features, downloads and some critical FREE Trader PDF&#8217;s and more FREE forex education visit our website<br />
Forex Trading Strategy &#8211; The Ultimate Momentum Indicator for Huge Profits </p>
<p>advice advisor analysis auto pilot automated autopilot best  broker business buy cash conversion converter currencies currency dollar download exchange expert financial forex forextraders foriegn income indicator killer make market money monitor mt4 online pips platform price profit program rate results review robot scalping scam scams secret sell service signal software stock strategy system tips tools tracer trade trader trading training tutorials work pivot Fibonacci fap turbo metatrader</p>
<p>Duration : <b>0:5:49</b></p>
<p><span id="more-1216"></span><br />[youtube TdW_PLkeFi4]</p>
]]></content:encoded>
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		<title>Improve Any Forex Day Trading Method With These Forex Trading Strategies</title>
		<link>http://forex-commentary.com/improve-any-forex-day-trading-method-with-these-forex-trading-strategies-9</link>
		<comments>http://forex-commentary.com/improve-any-forex-day-trading-method-with-these-forex-trading-strategies-9#comments</comments>
		<pubDate>Sat, 28 Aug 2010 07:41:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[http://www.ForexAutopilotRobot.com &#8211; Improve Any Forex Day Trading Method With These Forex Trading Strategies One method I love in trading I use something similar in forex as well &#8211; it can really be used in any keeping track of the daily range of a stock, as well as the distance it normally closes away from the [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://i.ytimg.com/vi/oDQWM4P1YiY/2.jpg" align="left"/>http://www.ForexAutopilotRobot.com &#8211; Improve Any Forex Day Trading Method With These Forex Trading Strategies<br />
One method I love in trading I use something similar in forex as well &#8211; it can really be used in any keeping track of the daily range of a stock, as well as the distance it normally closes away from the high or low. This gives a lot of info. These figures can be calculated using EXCEL by simply tracking open, high, low and close prices. Manipulating this data in EXCEL can provide a wealth of information which can help a trader pinpoint better entries, stops and profit targets.<br />
Since we are watching daily averages, this information is commonly used for day trading strategies, and can used on its own or more effectively with other indicators,methods or strategies. With this strategy I will generally watch volatile currency markets, the eur/ the start of the Euro or US sessions for example, but allow about 30 minutes instead early in the day is very using this either the high or low made in that initial 15 minutes gives us a base line for the rest of the day. We then watch to see which the high or low made in the first 15 going to be a high or low for the rest of the day. We do this by watching for a lower high or higher low in the stock as trading progresses. The methods used to confirm this bottom or top are plentiful, but often simply watching a stock plummet in the first 15 minutes, then rebound, then fall again &#8211; but not as far is it fell before, and then bounce up again is confirmation that the low in the first 15 minutes is probably the low for the day.<br />
So now we now have in place for the day. We are also armed with our statistics which tell us what the average daily range (percentage or price movement Once we have established that a likely in place, We can take positions with profit targets at a price which would be around the area of the daily average we did have the low in<br />
Here is a super simplified example. A ten dollar stock has a 10daily range. Each day this is converted into dollars based on the opening price, so today the price range is expected to be $1. the open stock opens at $10. In the morning the stock drops to $9.75. Bounces up, falls back to $9.90 and then moves higher again. We assume the low is in place. We buy, and place an exit around the extreme of the average daily move. The average is have already moved $ open at $ our target is around $10. our low is already in place we must assume all action will now be above the low then adjust it to fit other support/resistance or other profit targets. So, to sum up, in this case our profit target is our assumed low plus the daily average<br />
I also the think the open is very important. For this reason, I will open use a move back through the open price as my entry. In the example above the stock made a low at $9.75, then bounced, and then fell back again to $9.90. Once the stock move back up through the open price I will enter a position. A stop can be placed below the low you prefer, but likely the I set my profit target.<br />
There is a second part to the trade though. If prices move to around our profit target we exit the trade. But then what? That is why we track how far the stock typically closes from its high or low. This way we get another trade.<br />
Lets say the stock closes within 30% of average. With a daily range of $1, if the stock just hit its high and we are heading into closing time, we can short and place our exit .30 from the high. To get long if we are dealing with a bounce off the low of the day heading into the watch for reversal signals once we are in or beyond the average daily range territory.<br />
This style of trading strategy should give some ideas about improving your own methods, or you can implement this method and refine it to your own preferences. You can also add standard deviation studies for additional insights.<br />
Cory Mitchell, CMT</p>
<p>Improve Any Forex Day Trading Method With These Forex Trading Strategies </p>
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