Market Trying to Take USD to New Lows for the Cycle after Equity Comeback Late Yesterday
Posted in Forex RatesAfter late yesterday’s nasty bear squeeze in equity markets that punished short-term traders’ long USD positions, the market has been looking for a follow up move today in USD weakness, but this has mostly been frustrated outside of the commodity currencies, where USDCAD was down to tickle the 1.0800 level…
Source:Market Trying to Take USD to [...]
US Dollar Gains in Choppy Trade - U of M Consumer Confidence Rises More Than Expected (source: Daily FX)
Posted in Forex. British Pound Rallies Following GDP Revisions, but GBPUSD Fails to Break 1.4350 . Euro Remains in Consolidation - ECB Policy Meeting Could Spark Breakouts… (source: Daily FX) - RSS feeds and Feed widget on Feedzilla.com
Source:US Dollar Gains in Choppy Trade - U of M Consumer Confidence Rises More Than Expected (source: Daily FX)
Fibonacci Forex Trading Posted By : Vladamir Ivanof
Posted in Currency TradingThe recession has caused many people to look online to find sources of income. With unemployment reaching over 10 percent in 15 states recently, there are many out there that need to make money now. Everyone knows that you can make money off Ebay, but many people use the internet to make money by day [...]
Read more...Facts About the FAP Turbo Strategy
Posted in Currency TradingFAP Turbo is produced by three IT Students named, Steve, Mike and Ulrice. They accepted advice from Marcus Leary’s and then came out with this powerful forex trading system. FAP Turbo robot is designed to work with the forex Metatrader 4trading platform.
Source:Facts About the FAP Turbo Strategy
GBP/USD Touches Bottom on our 2nd Tier and Surges
Posted in Forex RatesThe Cable has finally found bottom on our 2nd tier uptrend line, logging encouraging movements to the topside as the EUR/GBP pulls back. Despite mixed economic data, investors are choosing to run with the better than expected GDP data from both Britain and the U.S. As we anticipated, the flush…
Source:GBP/USD Touches Bottom on our 2nd [...]
FX Technical Weekly (source: Daily FX)
Posted in ForexThe euro traded in a tight range 200 pip range this week against the US dollar and ended little changed. The 4 week range has tightened and breakout levels… (source: Daily FX) - RSS and News widget on Feedzilla.com
Source:FX Technical Weekly (source: Daily FX)
Trade Idea: AUD/USD - Exit Short Entered At 0.8400
Posted in ForexThe stronger-than-expected rebound partly due to cross-buying against Japanese yen, suggesting upside risk remains and test of recent high at 0.8479 cannot be ruled out, however, break there is needed to confirm upmove has resumed and the wave v is still in progress for gain to chart resistance at 0.8520…
Source:Trade Idea: AUD/USD - Exit Short [...]
Why Japan is Swine Flu's Greatest Victim
Posted in ForexJapan’s retail sales fell for a seventh consecutive month in March as weakening labor market prompted households to cut spending in a clear sign that Japan’s economy is seeing no evidence of a rebound in consumer demand. Sales declined by 3.9% earlier which was actually a bit better than the market consensus of a 4.7% [...]
Read more...How To Choose the Best Trading Signal Provider
Posted in Currency TradingChoosing a trading signal provider is an important decision A profitable provider can skyrocket your trading profits and a losing one can harm your account badly In this article we will give you several tips to help you estimate the REAL performance of a trading signal provider
Source:How To Choose the Best Trading Signal Provider
Forex Trading Strategy - What You Need to Know First Posted By : Christopher M Lee
Posted in Currency TradingMoney management. There is nothing more that you need to have as a base to your money making experience than a way to track the money you are putting in, losing and winning on the Forex market. You need to have the fundamentals of money management to assess and support the strategies that you are [...]
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