Forex Blogs

My name is Barbara Cohen and I am a Futures Trader – more specifically a Futures daytrader. I am the CIO of Shadowtraders.com. I first made my living off of trading 10 years ago from the viewpoint of a computer programmer, writing software for automated black boxes. Along the way, I learned about trading Futures, and why so many professional traders, especially daytraders, don’t trade the stock market any longer. Now I only trade the Futures Market. I write Futures Market software that has real time Futures Market strategies and alerts. Shadowtraders delivers an online Futures trading course that the client can do at their own pace 24/7. We also deliver Futures Market Seminars and have delivered the seminars on electronic trading inside the Chicago Mercantile Exchange (CME) where they trade Futures.

Engulfing candlestick pattern is a double stick pattern. Double stick candlestick patterns do not appear frequently but when they do appear, it can mean a trend reversal is about to take place. Spotting a trend reversal before it happens is something that can be highly profitable in trading.

What many people don’t know is that with Forex online currency trading systems, losses are higher than gains for the average user. Most investors lose money because they lack the necessary knowledge to make profit by professional speculation.

Trading would be almost impossible without charts and technical analysis. Trading is all about anticipating and predicating rather than forecasting. Technical analysis is the best tool a trader can have. A picture is worth more than a thousand words.

Have you ever traded multiple timeframes? No, then let me explain what multiple timeframe trading is. In multiple timeframe trading, a trader first looks at a longer timeframe like a monthly or weekly chart to determine the overall direction of the trend. Multiple time frame trading is a trading method used extensively by forex traders. It involves the use of multiple timeframes.