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July, 2007

Identifying Overbought and Oversold Markets using The Keltner Channel

Written on 20 Jul, 2007 at 5:13 in Forex news | viewed 2 views times and users have made 0 comments so far

The Keltner Channel was developed by Chester Keltner back in the early 1960s. He is a well-known commodity trader, especially grains. It is a volatility-based indicator that makes use of the "envelope theory." Moving average bands (or channels), like the... (Continue reading)

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Enjoy Bumping Into Walls

Written on 20 Jul, 2007 at 5:09 in Forex news | viewed 3 views times and users have made 0 comments so far

If you're in the market, one of biggest obstacles you'll face is the wall of losses. It's fairly difficult dealing with the markets if you are not willing to lose. It's almost impossible. It's like wanting to be alive, but... (Continue reading)

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Van Tharp Back-To-Basics Series

Written on 13 Jul, 2007 at 4:40 in Forex news | viewed 2 views times and users have made 0 comments so far

People get exactly what they want out of the markets. Most people are afraid of success or failure. As a result, they tend to resist change and continue to follow their natural biases and lose in the markets. When you... (Continue reading)

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Know When to Fold ‘Em

Written on 6 Jul, 2007 at 5:54 in Forex news | viewed 1 views times and users have made 0 comments so far

One of the advantages we have as traders is that we do not have to trade. And it costs nothing to not trade. So the common solution is to only take a position in outstanding trades. And these are usually... (Continue reading)

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