Posted on April 3rd, 2010
by Rapid Forex
The Rapid Forex Blog had 51 posts in March, 2010. This is virtually the equivalent of an entire “Forex for Dummies” style book, that rapid forex blog readers received for free. With all that great online forex trading information, there were some amazingly exceptional posts.
Based on number of comments, views, & my own favorites, I’ve ranked the rapid forex blog posts for March 2010 and listed the 10 BEST forex trading posts online for March 2010.
If you haven’t read these posts, you should read them now:
- Rapid Forex Supreme Package Re-Release Announced – When I announced that I would re-release the Rapid Forex Supreme Trader Package as a multimedia webinar, this was HOT news for the online forex trading industry. This post has been viewed the most times and has the most comments on the entire rapid forex blog.
- 5 Tips for Picking the Best Online Forex Broker – everyone who wants to engage in online forex trading needs to pick a forex broker. This post helps you decide which forex broker you would like to choose as well as my top 5 favorite forex broker picks.
- Rapid Forex Scam Watch Gets Your Money Back – everyone knows there are online forex trading scams out there in addition to many reputable companies. Not only does this blog post warn you about these scams, it also gives you a place to report online forex trading scams and get help from me in getting a refund.
- How to be a Forex Trading Expert – this was my personal favorite blog post last month. It didn’t rank #1 because it was the last post of the month. In one day this post rose to be the 4th most popular post on the whole rapid forex blog. If you want to be successful at trading forex online, apply these steps to attain forex trading mastery in only 30 minutes!
- Create Your Trade Plan for Forex Trading – It’s wise to have a plan before entering a trade, it’s also necessary for forex trading success. These tips will help you make sure all of your bases are covered before you put your forex trading money at risk.
- Japanese Candlesticks in Forex Price Charts – Japanese Candlestick Patterns are extremely useful in online forex trading. Each candle reveals tons of information that simply isn’t available with bar or line charts.
- Support and Resistance in the Forex Market – Support & resistance are fundamental forex trading concepts that any trader needs to have a firm grasp on. This is also the first time you start to consider entry and exit signals for executing forex trades.
- 8 Rules For Successfully Trading Candlestick Formations – Knowing Japanese candle patterns is great. This post shows you how to use them to make forex trading decisions.
- Six Killer Forex Trading Strategies – Here’s your guide to keep printed by your forex trading station when you’re online looking for trades. These guidelines will help you trade according to a plan instead of just reacting to your emotions.
- Forex Gambling Mentality Kills Profits – this post shows you why money management is important. When you see how the gambling mindset can turn a successful trader into one that loses money, hopefully you’ll follow your money management system without emotionally deviating.
The 10 rapid forex blog posts above are like a little mini online forex trading seminar!
Reading these posts will give you plenty of good ideas and useful forex trading strategies that are sure to make you more successful.
Reader Participation – I’d LOVE to hear which of these posts is your FAVORITE!!! Click Here to leave a comment to let me know your top pick. In a few days I’ll update this post with a “reader’s choice” blog post for March 2010.
Posted in
Best Forex Posts
Posted on March 31st, 2010
by Rapid Forex
After blogging for a month, the rapid forex blog is already getting positive reviews on several online forex trading websites. The recent rapid forex review by Forex Signals has already drawn some attention, so I thought I would reciprocate by reviewing their website.
Third Part Forex Recommendations
When visiting Forex Signals at forexena.com, you’ll immediately notice an endorsement for FAP Turbo, which is an automated online forex trading robot. They also recommend eToro.com, which I am currently enjoying myself as they may be becoming my new favorite online forex broker.
Forex Signals Directory
The forexena website also has several quick definitions of japanese candlestick formations. These aren’t complicated forex trading articles, just simple pictures with 1-2 sentences of explanation. If you want very simple definitions of candle patterns, you might like this section of their website.
There’s also a small section on forex economic data, but it’s very brief.
Forexena is a Work in Progress
The forexena website is certainly a work in progress. You can see the website has a simple design. The good thing about this is that it’s clean & doesn’t overwhelm the visitor.
One of the best things about the website is the webmaster, Cheyne. In the short time I’ve interacted with him through email, he’s been quick to respond and very cooperative. He plans to continue building the website into something more substantial over time to better serve the online forex trading community.
Good for Forex Bloggers
If you’re also a forex blogger, you may want to get in touch with Cheyne at forexena.com. Perhaps you could review each other’s websites and both get some nice exposure! I thought it was worth it to have a review of the rapid forex blog on another online forex trading website. Perhaps you would like it for your forex trading website too!
Posted in
Forex Reviews
Posted on February 27th, 2010
by Rapid Forex
Today I’m going to start discussing the very interesting and useful topic of Japanese Candlesticks in forex price charts.
There are several tools you can use to determine wise entry and exit points. One set of tools involves looking at forex price charts. At Rapid Forex, japanese candlesticks will be used in virtually every price chart that will be used on the site, so it’s good to learn how to read them 
Charts reveal patterns and can be good predictors of future movement because traders are habitual. While charts can be displayed in several different ways, japenese candlesticks are the most popular way of looking at charts.
Japanese Candlestick Charts are the most useful type of price chart display in today’s forex market ~ (Brian Campbell – founder RapidForex.com)
Japanese candlesticks display price versus time in any time period. The candlestick could represent any time interval, though we will focus on 1 minute, 5 minute, 1 hour, and 1 day candles.
The time interval refers to the “size” of the candle, or the amount of time that passes between the open of the candle and its close. Candlesticks can be charted on any time frame.
The horizontal axis of a candle chart represents that time frame. The time frame could be 15 minutes, 30 minutes, 1 hour, 1 day, 1 month, 1 year, and so on.
In other words, if you are looking at 1 minute candles on a 15 minute chart then you will see 15 candles represented; if you are looking at 1 day candles on a 1 month chart then you will see approximately 20 candles (there are about 20 trading days in the average month).
Japanese candlesticks are very useful for quick visual analysis of charts because you can easily identify whether the bulls or the bears won the tug-of-war of a certain period.
If the bulls won, then the candle formed during that period (which could be one minute, five minutes, one hour, one day, etc.) is called a bullish candle. Bullish candles can be spotted easily because they are unfilled (the body is not colored in).
The color of the candle will depend on the chart, on this blog bullish candles are usually be blue, though you might see bullish candles elsewhere outlined in black or green.
If the bears won the tug-of war of a certain period, then the candle representing trading during that period is called a bearish candle. Bearish candles can be spotted easily because they are filled (the candle’s body is colored in).
The color of the bearish candle will depend on the chart; on this blog they are outlined and filled in red (though you may see bearish candles elsewhere outlined and filled in black).
Posted in
Japanese Candlesticks
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