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Trading Strategies

If you are looking for trading ideas or are simply looking to enhance your current strategy, then you have come to the right place.

Introduction

Forex Basics

Risk Management and Trading Psychology

Forex Basics

Taking a Fundamental Approach to Forex Trading

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Trading the Euro with Germany ZEW Survey

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Trading the Swiss Franc with the Swiss Trade Balance

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Trading the US Dollar with the FOMC Minutes

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Suggested Strategies to trade the US dollar with this economic release:

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Trading the Yen with Japan Trade Balance

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Trading the Aussie with Australia Trade Balance

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Trading the Australian Dollar with THE RBA RATE DECISION

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Suggested Strategies to trade the Australian dollar with this economic release:

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Trading the Euro with Germany Trade Balance

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Trading the Euro with the ECB Rate Decision

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Suggested Strategies to trade the Euro with this economic release:

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Trading the Euro with the ESI

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Trading the Euro with the IFO Report

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Trading the Greenback with the US Trade Balance

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Trading the Kiwi with the New Zealand Trade Balance

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Trading the New Zealand Dollar with the RBNZ Rate Decision

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Trading the Sterling with the BOE Rate Decision

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Suggested Strategies to trade the British Pound with this economic release:

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Trading the Sterling with the UK Trade Balance

Forex Basics

Taking a Technical Approach to Forex Trading

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Types of Charts

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Chart Patterns

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Triangles and Trend lines

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Volume

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Indicators

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Optimize Your Forex Trading With Bollinger Bands

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Optimize your Forex Trading With the Moving Average

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Optimize Your Forex trading with the RSI

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Optimize Your Trading With the MAC-D

Forex Basics

Grid Trading - Concepts, Mathematics, and Money Management

Forex Basics

Understanding Forex Correlation Concepts and Their Effect on Trading

Forex Basics

How You Can Benefit From an ECN Broker

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Who uses an ECN Broker?

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Ways to Use an ECN Broker to Benefit Your Trading

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Overview of ECN Benefits

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Alternative to the ECN

Taking a Fundamental Approach to Forex Trading

Trading the Euro with the ESI

Released monthly by the Directorate General for Economic and Financial Affairs of the European Commission, the economic sentimental indictor (ESI) is a broad index that measures the overall activity of the European economy. ESI is a powerful analytical tool as it produces three separate economic numbers that cover the different geographic, economic, and political entities within the European Cotenant (one foe every member state of the EU, one for EU, and one for the Euro Zone).

Conducting the surveys:
*Each 3 to 4 years, the European Commission chooses different economic institutes across Europe to participate in conducting the surveys
*These institutes send the questionnaires to both businesses and consumers in every European country.

Response Formula:

Value of 1 = negative response

Value of 5 = unchanged response

Value of 9 = positive response


*By using the above formula, answers are transformed into balances (the difference between the percentage that gives [positive response and the percentage that gives negative response).

Economic Inputs of the ESI:
ESI is a composite index representing 5 different sectors of the economy. Each of them has a specific weight in the index

Industrial sector 40%

Service sector 30%

Consumer sector 20%

Construction sector 5 %

Retail trade sector 5%


Interpreting the numbers:
"100" is the long term average of the ESI

. A reading below 100 refers to a slide in the economic performance of the Euro Zone and should encourage the selling of the European currency
EXAMPLE: Through all of 2005, ESI remained well below 100; the EUR/USD declined respectively from 1.36 to 1.16 by the end of the year.

A reading above 100 refers to a strong economy and should boost up the European Currency.
EXAMPLE: In 2006, ESI recovered and reached a high of 111; The EUR/USD rallied from 1.18 to 1.33 by the end of the year.


Forex Strategy Section    Metatrader 4 Education
Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure.

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