Saturday, January 10, 2015

Monday Morning Outlook: Are We In for Another Whipsaw Week? - Schaeffers Research (blog)

If your research strengths lie with evaluating news, you will wish to concentrate on "fundamental" approaches on the Foreign exchange market. Essential approaches are those that take their queues from political and financial news. In fundamental trading you examine such news and make your trades based upon how you believe currencies will be affected.

Monday Morning Outlook: Are We In for Another Whipsaw Week?Schaeffers Research (blog)Like last year, indexes are respecting round numbers and year-to-date (YTD) breakeven points. For example, in just three trading days, the S&P 500 Index (SPX - 2,044.81) moved from the round-number 2,000 millennium level to its half-century mark of 2 ...and more »...Monday Morning Outlook: Are We In for Another Whipsaw Week? - Schaeffers Research (blog)

If you are new to currency trading, start by trading in fantasy markets. You can trade forex without risking any money to see how well you do and perfect strategy along with finding out how it works. You can even try various methods before risking your real money.

Additional resource on Pivot points trading

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