wow, all these forex terms that I am not aware of.
What exactly is a screener? I have never heard of that. The thing in that guys signature is a signal service. Is that what you mean by a forex pair screener?
Also just some advice, make sure you actually are knowledgeable enough to trade on your own before you begin to look at services like those. Also remember that your not the only person using them, and many other traders may be looking at those same signals as well.
What exactly is a screener? I have never heard of that. The thing in that guys signature is a signal service. Is that what you mean by a forex pair screener?
Also just some advice, make sure you actually are knowledgeable enough to trade on your own before you begin to look at services like those. Also remember that your not the only person using them, and many other traders may be looking at those same signals as well.
I meant the forex equivalent of a stock screener...I'm not sure if screener is the correct term but there seem to be some advertised on the net. The ones i checked out only seem to screen stocks though and not currencies.
If I want to try out a trading system for example where I make a trade if the price breaks out of Bollinger bands before retracing, so I want to get an alert telling me early that the price has broken out.
They're just a piece of software and you specify criteria that when met causes an alert text to be sent to your mobile, or pop up on your computer I think.
I get the impression that they're commonly used by traders. The ones I've found all seem to focus on stocks though rather than currency pairs.
from where to start?
hello all,
i am currently doing the trading in my local market but now i want to move to forex so what you people snuggest me that can i survive in forex or i have to take some training etc ????? or it is same as i trade my shares in local market
hello all,
i am currently doing the trading in my local market but now i want to move to forex so what you people snuggest me that can i survive in forex or i have to take some training etc ????? or it is same as i trade my shares in local market
evergreen1
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my dear forex is the same all over the world but the broker are different. spread and execution of each broker is differnt. if you want to join international forex market you must chose good broker whos spread is low and with best execution. and you can start from as low as 1 usd dollar your live account.
evergreen1
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I would advice this one, and looks like it's exactly what you want:
Forex Screener (Bollinger Bands signals page): http://www.technical-stock-screener.com/screens/industry.php?picker=bollinger_bands
Alerting Service: http://www.technical-stock-screener.com/home/log.php
Using screeners on the Forex is very helpful. When I started trading several years ago I developed a trendline breakout system. I was monitoring only EUR/USD and was waiting for the entering condition. The trades were more or less profitable but soon I faced with a problem that it took significant time to wait for a signal. Then I thougth what if to monitor more pairs. After I did that I started recognizing more opening signals from many currency pairs. That was a good idea but I have to mention that it took much more time to analyse all the pairs. So the next step was a stock screener tool that would give me some candidate pairs for today by some screening criteria e.g. "trendline breakout". But screener does not think as me and can't give me exactyl what I want, and having the preliminary results from the screener, I do a further filtering in accordance to my system's setup.
You can try http://www.forexscreener.com. They offer technical screener for forex base on the technical analysis.
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