Forex Killer App. Blog

The British Pound fell to a low of 1.5857 against the greenback, with the RSI slipping into oversold territory, and the currency may continue to trend lower over the remainder of the week as price action breaks below the narrow range carried over from the … (source: Daily FX) - RSS feeds and Feed widget [...]

Patience is a virtue in most endeavors in life, and it’s certainly a valuable asset in futures and stock trading. You will many times hear me use the important term, “follow-through,” when I discuss significant market moves such as price breakouts or trend changes.
Source:"Follow-Through" — It's Significance for Your Market Position

Learning forex trading is a great way to bring in some extra money on the side or to branch out with an entirely new career altogether, and this is what you need in learning forex trading to get off on the right foot.
Source:Learning Forex Trading and Start Trading Smarter Today Posted By : Max Brenner

U.S. Dollar Trading (USD) had an interesting trading day as strength remained but only against certain currencies. Underpinning the USD was December Chicago PMI jumping to 60.0 vs. 56.1 previously. DJIA +3 points closing at 10548, S&P +1 points closing at 1126 and NASDAQ -2 points closing at 2291. Looking…
Source:Pound Soars into the New Year

The price just broke the triangle that we marked on the daily chart. For the long term, the direction the pair could take is to get to 1.0208 . This will be the last barrier before parity. From the one hour chart, there are supports that were significan… (source: Alerts Feed) - [...]

The single currency has rebounded after finding renewed buying above the Kijun-Sen, adding credence to our view that a temporary low has been formed at 1.4218 last week and consolidation with upside bias remains for retracement of recent decline towards the Ichimoku cloud top (now at 1.4497), however, reckon 1.4562…
Source:Trade Idea: EUR/USD - Buy at [...]

The Foreign Exchange Market, better known as FOREX, is a worldwide market for buying and selling currencies. It handles a huge volume of transactions 24 hours a day, 5 days a week. Daily exchanges are worth approximately $1.5 trillion (US dollars). In comparison, the United States Treasury Bond market averages $300 billion a day, and [...]

The short term trend is still bearish , after hitting a yearly high at 0.7664 . The price corrected the fibo 23.6% and the short term target is at 0.6897 . The 200 days MA will come into play if it tries to break this level, [...]

Patience is a virtue in most endeavors in life, and it’s certainly a valuable asset in futures and stock trading. You will many times hear me use the important term, “follow-through,” when I discuss significant market moves such as price breakouts or trend changes.
Source:"Follow-Through" — It's Significance for Your Market Position

Learning forex trading is a great way to bring in some extra money on the side or to branch out with an entirely new career altogether and this is what you need in learning forex trading to get off on the right foot
Source:Learning Forex Trading and Start Trading Smarter Today