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Reversal Signals - Lets compile a list

  • Post #1
  • Quote
  • First Post: Oct 17, 2005 11:20pm Oct 17, 2005 11:20pm
Finally a forex message board that has posts that were posted today

I was hoping to learn about some new revesal signals and thought it would be great to compile a list. Whats the signals you look for that tell you ok I think this run has maxed out (or pretty darn near) so I'm going to take my profits and close out.


Yes I too like many others here am new to forex about 2 months on a demo account but have money in the mail as we speak to open my real account.
I've just about read through every post on this site and will re-read them again. Also my vocabulary needs to improve on the terms you use to talk to each other (example "double top" was one I wrote down. is there a glossary of forex terms to better my understanding?) Thanks again, lets talk about reversals.


Mike...
***Building an EMPIRE one pip at a time***
Quoting Gyva
Also my vocabulary needs to improve on the terms you use to talk to each other (example "double top" was one I wrote down. is there a glossary of forex terms to better my understanding?) Thanks again, lets talk about reversals.


Mike...

It's really strange that the only term you picked as an example is actually a famous reversal signal

What other terms do you mean?? I am not familiar with some terms as well and you won't find them in glossaries as far as I know. If you got a forex glossary, you probably won't find a 1-2-3 or a Gimme and stuff like that. You will just have to read to know these things as we all have to do.

Welcome to the forum anyway, and hope you will have a nice a profitable trip in the world of forex

Thanks,

Nader
Quoting Gyva
Finally a forex message board that has posts that were posted today

I was hoping to learn about some new revesal signals and thought it would be great to compile a list. Whats the signals you look for that tell you ok I think this run has maxed out (or pretty darn near) so I'm going to take my profits and close out.


Yes I too like many others here am new to forex about 2 months on a demo account but have money in the mail as we speak to open my real account.
I've just about read through every post on this site and will re-read them again. Also my vocabulary needs to improve on the terms you use to talk to each other (example "double top" was one I wrote down. is there a glossary of forex terms to better my understanding?) Thanks again, lets talk about reversals.


Mike...
Welcome Mike..
I'm not sure if what you're asking is the one I asked before.. but anyway, if it's terms you want to learn, you can refer to this thread..

http://www.forexfactory.com/forexfor...eferrerid=2899

Hope it helps..

Athan
  • Post #4
  • Quote
  • Last Post: Oct 18, 2005 8:43pm Oct 18, 2005 8:43pm
Welcome to the Factory,
Keep in mind that reversal signals are just signals. They are not 100% accurate reversals. As you develop your trading method(s) you'll find ways to confirm a reversal, but even that isn't etched in stone. Forex is a great market but very risky, so just be careful. Opening a real account after only 2 months of demo is pretty brave. I wish you success. One tip: read a lot.
Because helping each other is a good thing.
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