by Kirk Norwood | Feb 6, 2012 | Trading Strategies
There is a place for back testing. It has limits to it's effectiveness. Back Testing is like trying to look at the past and predict the future. Looking at the pasts can be helpful in learning how to use indicators. A trader should not expect the market to do the...
by Kirk Norwood | Feb 3, 2012 | Trading Strategies
Each trader will figure out whether he like fundamental trading or technical trading. Fundamental Trading is: gathering economic information, following the news and current economic events to make decisions on when to enter a trade. Technical Trading is: reading...
by Kirk Norwood | Jan 31, 2012 | Trading Strategies
Automated trading systems are programmed to do certain things when the market moves a certain way. One automated system works when the market is in a channel and automated system works when the market trends. When the market changes and does something different than...
by Kirk Norwood | Jan 20, 2012 | Trading Strategies
Two of the most important things a trader can learn are: 1.   How to find the trend or the direction a currency pair is moving. 2.   How to recognize when the trend is coming to an end. Once you know which way a currency is moving then it becomes easier to...
by Kirk Norwood | Jan 16, 2012 | Trading Strategies
We feel that a trader should become good at reading indicators. When a traders only looks at one or two currencies he is limiting his income potential. By reading indicators a trader can trade all the currency pairs. He can trade what is moving on any given day...