http://www.isnare.com/?s=author&a=Action+Forex Finances Action Forex Mon, 16 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=93417&ca=Finances Triangles Continuation Patterns are patterns that exist within a trend at prices where the market consolidates before moving on in the direction of the original trend. There are several main consolidation patterns, all of which follow the same simple rules. - The price will move decisively in one di... Finances Action Forex Sun, 01 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=89024&ca=Finances In a range bound market - meaning a market that does not possess a clear directional trend, but rather moves back and forth between support and resistance - traders are essentially looking to short at the top of the range, and buy at the bottom of the range. It is worth noting that this strategy oft... Finances Action Forex Sun, 01 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=89025&ca=Finances There are two major ways to trade the financial markets: swing trading and trend following. Swing traders use technical analysis to look for short-term price movement and capture gains in a relative short-term period. They look for the price patterns that hint for a reversal, in order that they can... Finances Action Forex Sun, 01 Oct 2006 00:00:00 -0700 http://www.isnare.com/?aid=89026&ca=Finances Head and Shoulders Pattern The Head and Shoulders pattern is one of the most famous reversal patterns and one that gives a clear signal and entry point. The head and shoulders in an uptrend consists of three relative highs: the first and last peaks are of nearly equal size and are the shoulders of t... Finances Action Forex Sun, 03 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=81383&ca=Finances Only one of two things can happen when a price approaches support or resistance: the price can break through it, or it can bounce off and reverse direction. The same is of course true for trend lines. 1. Trading on a Pullback If a chart is trending in a clear direction, and a trend line can be drawn... Finances Action Forex Sat, 02 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=80846&ca=Finances What are support and resistance? Support levels are prices where buyers have shown or are likely to show strength. Resistance levels are prices where sellers are likely to be strong. Support Support levels essentially give the market a 'floor', since they are areas where buyers tend to be strong. If... Finances Action Forex Sat, 02 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=80847&ca=Finances Three Phases of Major Trends A trend represents a general direction of the market. Dow Theory asserts that major trends have three distinct phases: accumulation, public participation and distribution. The accumulation phase represents the first part of the trend in which those who are well-informed... Finances Action Forex Sat, 02 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=80848&ca=Finances The forex market provides different kinds of orders for trading. The following are some major types of orders that can be found on forex trading stations. Market orders - A buy or sell order in which the forex firm is to execute the order at the best available current price. It is also called at the... Finances Action Forex Sat, 02 Sep 2006 00:00:00 -0700 http://www.isnare.com/?aid=80851&ca=Finances What are Trend lines? Trend lines are lines drawn on the historical price levels that depict general direction of where the marking is heading, and provide indications of support or resistance. Drawing trend lines is a highly subjective matter. The best test of whether a trend line is a valid one is...