www.CandlestickForums.com Forex Trade Signals History repeats itself and so does the Forex market. That is why Forex trade signals work. Forex trade signals are technical analysis tools that evolved from the Candlestick analysis of hundreds of years ago. Japanese rice traders realized that there were patterns to trading and that they repeated. Thus Candlestick charting techniques and Candlestick chart analysis gave the practitioner a decided advantage in rice commodity trading. The same principles that let the market tell us what the market will do next are applicable today in the foreign exchange market. Forex trade signals such as a reverse head and shoulders pattern told traders recently that the PIIGS driven plunge of the Euro was about to halt. Technical analysis in the form of Forex trade signals is what helps traders sort the wheat from the chaff in daily Forex trading.

1. Forex Trade Signals
By
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2. History repeats itself and so does the
Forex market.
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3. That is why Forex trade signals work.
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4. Forex trade signals are technical analysis
tools that evolved from the Candlestick
analysis of hundreds of years ago.
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5. Japanese rice traders realized that there
were patterns to trading and that they
repeated.
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6. Thus Candlestick charting techniques
and Candlestick chart analysis gave the
practitioner a decided advantage in rice
commodity trading.
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7. The same principles that let the market
tell us what the market will do next are
applicable today in the foreign exchange
market.
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8. Forex trade signals such as a reverse
head and shoulders pattern told traders
recently that the PIIGS driven plunge of
the Euro was about to halt.
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9. Technical analysis in the form of Forex
trade signals is what helps traders sort
the wheat from the chaff in daily Forex
trading.
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10. Thomas Jefferson said that those who
don’t know history are doomed to
repeat it.
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11. Avid practitioner of Candlestick basics
will say that knowing market history
allows you to profit from it again and
again.
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12. Trading software can easily have as
many as thirty years of market
experience in its database.
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13. This fact lets you run simulations of
many difference trading scenarios and
trading strategies.
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14. When trading Forex online your online
trading software will give you signals for
when to buy and when to sell; namely
where to put your stops.
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15. Forex trade signals are not perfect.
Candlestick pattern practitioners have
known for centuries that these signals
are extremely useful but that investment
risk still exists.
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16. Commercially available trading programs
talk of up to 86% accuracy looking one
to three days out.
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17. However, these programs are typically
most accurate where the data is best,
the volume highest,
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18. and the liquidity at the
maximum, namely the major currency
pairs.
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19. If you are looking to trade minor
currency pairs you may well experience
a lower lever of accuracy in predicting
market movements.
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20. The hype that goes with selling trading
software can get extreme.
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21. One ad says that you can bypass 30
years of experience by using their
software.
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22. Experts will tell you that using trading
techniques you do not understand is
asking for trouble.
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23. Forex day trading it is wise to learn the
signals, practice the signals and only use
the signals that you know.
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24. A good place to start is with Candlestick
basics. Learn the basic Candlestick
signals.
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25. These are applicable in Forex trading,
the commodities markets, stock trading,
trading options, and trading futures.
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26. The Doji and Morningstar have guided
successful traders for centuries.
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27. They can help you find success in Forex
trading.
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28. Creating a Candlestick chart is easy. You
simply enter the opening
price, high, low, and closing price.
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29. Because these numbers are illustrated as
a rectangle placed on end, with lines
coming out of each end,
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30. a candlestick with two wicks comes to
mind, thus Japanese Candlesticks.
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31. Candlestick chart analysis takes little
time, once you know the signals.
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32. What is important is to do it routinely
and analyze your results frequently.
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33. Because no system is perfect you will
learn which signals serve you the best in
trading Forex.
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34. Then you will be able to let the lessons
of history serve you instead of doom
you.
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35. Online Stock Market Reviews presented
live via the internet by Stephen Bigalow
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