Archive for December, 2009

COMMODITY SELECTION INDEX

Friday, December 25th, 2009

commodity selection index

The Commodity Selection Index (”CSI”) is a momentum indicator. It was developed by Welles Wilder and is presented in his book New Concepts in Technical Trading Systems.
The name of the index reflects its primary purpose. That is, to help select commodities suitable for short-term trading.

Forex in Islamic Perspective

Thursday, December 24th, 2009

islamic forex, forex islam

1. The Basic Exchange Contracts
There is a general consensus among Islamic jurists on the view that currencies of different countries can be exchanged on a spot basis at a rate different from unity, since currencies of different countries are distinct entities with different values or intrinsic worth, and purchasing power. There also [...]

COMMODITY CHANNEL INDEX (CCI)

Wednesday, December 23rd, 2009

cci, commodity channel index, cci indicator, cci trading for trader commodity

The Commodity Channel Index (CCI) measures the variation of a security’s price from its statistical mean. High values show that prices are unusually high compared to average prices whereas low values indicate that prices are unusually low. Contrary to its name, the CCI can be [...]

Forex Trading Tips Part 3

Sunday, December 20th, 2009

FOREX TIPS, FOREX ADVICE
Tip 16. Choose the right day to trade.
This recomendation is often wrongly taken as an optional thing, because everyone knows that Forex market is open 24 hours a day 7 days a week. Yet, choosing the time to trade can make a difference between successful and hopeless trading.

Forex Trading Tips Part 2

Sunday, December 20th, 2009

Forex Tips, Forex advice
Tip 8. Not trading or standing aside is a position.
When in doubt — stay out. If it is not clear where the market will move — don’t trade. In this case saving your present capital is a better choice than taking additional risks and losing money.
Tip 9. Learn to use protective [...]