I am trading on Forex for real since few months and I do not pretend to be some kind of guru. I received the first slap from there because I became inattentive, impatient and greedy. So this is the first lesson: do not act hasty, you must be very disciplined and careful. But I gradually was able to stand on my feet again and now I have small, but stable income of 100-150 EUR/monthly.
      Purpose of this web site is to provide to newbies like me educational information about Forex trading and Technical analysis. On the following pages you will find description of basic concepts, indicators, useful links and sources of information. I will provide simple explanation of the terms and additional links with more detailed information and calculations if you are interested.

"There are two times in a man's life when he should not speculate: when he can't afford it, and when he can."

               Mark Twain, 1897