Archive for the 'forex resources' Category

Review of FXCM’s First Email – Introductory to Forex Trading

Ah, the first tutorial on forex came just right into my mailbox from FXCM . Well, you still have to head somewhere to get the pdf for your brand new forex tutorial.

It basically covers: –

- The differences between Forex and other trading platform
- The types of currencies that are usually traded

You’d wanna try signing up and get the download link. Babypips still does a better job at this one in my opinion, but it doesn’t hurt to have an extra material for reference!

Forex Mentor’s Email List

I’d like to say even though I’m not a fan of paid subscriptions, Peter Bain’s email subscription works fine for me. It’s informative and definitely work your Gmail (or whatever email you’re using) space.

Here’s one tip from Peter and I urge you to seriously consider signing up for his mailing list. It’s not that irritating as compared to others who’re actually asking you to buy a product.

Even though the 200 EMA may be trending up on the hourly and 15
minute charts, make sure to observe the attitude of indicators like
MACD. If it is trending down, with good angle and separation
between it and its trigger line, wait for it to turn up into ‘buy’
mode, before hitting the enter key. Just because the trend is up,
as reflected by the 200 EMA, you have to be patient, and wait for
the right entry point(s) – as price saw-tooths its way up the
chart.

The age-old truism in trading circles is: “Buy the dips in an
uptrend – sell the rallies in a downtrend.” Use the 200 EMA to find
out what the true trend is, and then be like a fox in the bushes
waiting to pounce – ever so swiftly.

This is just one of the many Big Dog trading secrets we talk about
on a regular basis in the members area at www.forexmentor.com. See
you there – and at the top – and at the bank.

Forex Resource Focus – Forexpm.com

Here’s another new forex resource focus I’d like to introduce.

Forexpm
ForexPM.com

Ran by Peter Marsden, one of our author on No bullshit Investment Community has a down to earth cool website where he shares his knowledge on the site as well as experience via a blog.

Learn about forex, the central bank rates for different countries, tips on choosing broker, more on technical analysis (my favourite), on what is carry trade, managed forex accounts truth (myth debunked), tips and everything else! *I can’t think of anything much that he haven’t really covered.

I believe Peter’s currently working on the site really hard, to integrate both the blog and his information on a CMS so that readers can access the information easily. For that I give him a thumbs up and encourage you to visit his site for his original articles.

If you have any interesting resources to share, email me at jude@nobsnetwork.net

Forex E-books for Download

I’ve seen this since a few years back when I started out with HYIPs and was wondering what is this all about.

HubD Forex Books Download

Phildunn (the same guy who always update us on Marketiva) has this site up donkey ages ago and I was wondering why didn’t I introduce this site long before. He has painstakingly compiled many pdf forex books and have them available for downloads all in one page.

There should be about 200+ Ebooks or more here. Check them out! ;)

List of Forex Blogs and Resources

Dropped this off from Nobsnetwork Forex Thread,

Just came across a couple of sites from Google that might be useful if you’re interested in other communities more active in Forex trading and discussions.

Forex Blogs
- A Forex Project
- Simon Super Trader – Invited him over as a guest blogger on Nobsforex.
- Forex2Stay – Less frequent updates, but with results shown.
- Forex Blog – More on economic news than discussions on the market.
- Piptopia
- Daily Dopeness – I like the name, lol.
- Globe Trader – Trades commodities like Natural Gas, but you can follow up
- Swing Trade for a Living – Frequent updates
- Trader Feed – Last few entries touches on trading mindset, nice.
- I Found My Holy Grail! – Like the site, but the name, err.. lol
- Trader Mike – Might be one of my favourite.
- Forex Blog, $200 in a trading day
- CurrencySecrets
- Forex Mentor

Market Insights
- FXStreet
- Investica
- MG Financial Forex News
- DailyFX – Everyday!
- Reuters Currencies
- Trading Markets
- Bloomberg Currencies
- Action Forex
- CIBC

Forex Forum
- Forex Factory
- Nobullshit Network – lol

If you have any forex related resource you might want to share with us, drop me a mail at jude@nobsnetwork.net

Cheers ;)

Forex RSS Recommendation – DailyFX

This is one source I’d like to recommend for your daily forex reads. It has more than 20 articles daily, from fundamental to technical analysis by their experts.

Take it with a pinch of salt and do not base on their judgment for any entries to open positions, but treat the information as a good point of diligence so you won’t miss anything that’s coming out on a daily basis.

*Shameless plug-in – You can feed RSS from us as well for daily forex signals as well as tutorials from time to time here!

If you don’t know what RSS is, you can refer to a little tip on RSS and what the heck is RSS from No Bullshit HYIP Blog

Interesting Reads – Larry Swing

This is a worth while reading and video resource for technical traders. Bookmark it or subscribe to their e-zine. Good stuff. Thanks to Dan for recommending months back.

Life-Holdings Trading Zone

Dan’s a pretty sharp technical chartist and he has opened the Trading Zone to update us on his insights on some of the major pairs. Feel free to bookmark this page.

Hedging with ForexForSmarties

I’ve heard about the alternative to Freedom Rocks and currently testing it with different pairs with ForexForSmarties calculator.

On FXSOL, a demo with GBP/USD and USD/JPY pairs.

On Oanda FX Demo, with EUR/USD and USD/CHF pairs.

Will bring the results in about 2 – 3 weeks and continuing demo before deciding on my broker to trade ;)

BabyPIPS – Revamped

Babypips has revamped. Check out their site!