Forex Signal Software

How long have you been with your current forex broker? How many times have you changed forex brokers? What's your general feeling about forex brokers?

Forex Brokers Complaints and Solutions

Lets face it, every forex trader I believe has had a complaint or complaints of some kind with their forex broker. I suggest that many complaints are valid, and some not. For the beginner forex traders, the risk information from your forex broker is not up front most times, but spelled out in the fine print when you open ...

written by Signals Trader

The overall concept of support and resistance levels applies universally in the technical analysis world.

On a regular basis, folks want to discuss the interesting topic of why support and resistance levels seem to work. Two philosophical ends of the spectrum support the concept:

1. Underlying pattern or foundation of the markets.

Adherents to this school of thought would describe the market as following a set of rules that are much like “the laws of nature.” Many students of Elliott Wave theory and Gann theory would fall into camp. This type of analysis tends to ...

written by Signals Trader

China Southern Airlines Sale Promo

Flying high with China Southern. Long term I'm bullish on this company. Short term I'm short selling it, and hopefully buy in at lower prices.

The Market This Week

Corporate earnings reports will be in the spotlight this week, and the European banks stress test is over. I see the market inching higher this week, but now grinding into a concrete wall of resistance at 1113 to 1154 on the S&P500. If there is a continued uptrend past 1154, possibly the uptrend can continue, but I will be watching ...

written by Signals Trader

It's FreeWeek at EWI: Get charts, analysis and forecasts for Crude, Nat Gas, Energy ETFs

Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services -- at ZERO cost to you.

You can access EWI's intraday, daily, weekly and monthly forecasts from EWI's Energy Specialty Service right now through noon Eastern time Wednesday, July 28. This service is valued at $347/month, but you can get it FREE for one week only!

The timing couldn't be better ...

written by Signals Trader

Original Turtle Trader Forex Trading Software

The Turtle Story

The Turtle Traders’ legend began with a bet between American multi-millionaire commodities trader, Richard Dennis and his business partner, William Eckhardt. Dennis believed that traders could be taught to be great; Eckhardt disagreed asserting that genetics were the determining factor and that skilled traders were born with an innate sense of timing and a gift for reading market trends.

What transpired in 1983-1984 became one of the most famous experiments (nature versus nurture) in trading history. Averaging 80% per year, the program was a success, showing that ...

written by Signals Trader

To Andrea Unger, trends are good but "clean trends" are better.

That's how Unger characterizes foreign currency activity over the last few days, with the Euro and British Pound making a recovery from their prolonged slide against the dollar. Andrea scalped a $1,279 EUR/USD winner from the long side today in his Cross-Current forex account, and is holding a $2,089 open trade profit in the GBP/USD.

"The main currencies are recovering from recent drops and doing it with some clean trends," Andrea says. "This is a big edge for the Cross-Current strategies, which try to take advantage of trends lasting several days." ...

written by Signals Trader

The Bear Market and Depression: How Close to the Bottom?

While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation -- and then delivered a clear-eyed view of the future informed by knowledge of the past. One who has is Robert Prechter. When he thinks about markets and wave patterns, he goes back to the 1700s, the 1800s, and -- most tellingly for our time now -- the early 1900s when the ...

written by Signals Trader

Opportunity from Disaster? Hopefully This Won't Be the Norm

Want to buy the shirt off my back? It's for sale somewhat cheap right now, and could get cheaper. It’s the summer doldrums in the markets it seems right now with the on average light volume. The wall street pros that still have their jobs might be taking the summer off, and or waiting for what the market is going to do now to initiate any new positions in the markets. This week Halliburton and Baker Hughes popped up on my technical radar screens as some nice ...

written by Signals Trader

Transform Your Trading Ideas Into An Organized Sequential and Actionable Plan for Trading Success

Click here for Dr Van Tharp's 2010 Trading Workshop Schedule

Through his modeling work with top traders, Van Tharp has discovered the blueprint for trading success that will ensure you consistent prosperity as a trader.

Do you want to trade more profitably and more consistently but don’t know where to start?

Van Tharp's Blueprint for Trading Success Workshop can help you transform your trading dreams, goals, and ideas into an organized, sequential, and actionable plan for ...

written by Signals Trader

Devaluation Won't Work Free Report

The following article is an excerpt from Elliott Wave International’s free report, 20 Questions With Deflationist Robert Prechter. It has been adapted from Prechter’s June 19 appearance on Jim Puplava’s Financial Sense Newshour.

Jim Puplava: In 1933 at the bottom of the crisis, the Roosevelt administration comes in. In its first week they declare a bank holiday, they reopen the banks with the FDIC, they sever gold, they come in with massive fiscal stimulus and they devalue the dollar substantially. The result was from 1933 to 1937 we have positive CPI, ...

written by Signals Trader