Archive for December 12th, 2009

The U.S. Session Trader's Daily Forex Question (source: Action Forex)

Posted in Forex

The U.S. session, trader’s daily 09:45 EDT question; “Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?” The law of probability says that U.S. trade will not f… (source: Action Forex) - RSS [...]

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Trade Idea: EUR/JPY - Buy at 130.00

Posted in Forex

Although the single currency slipped to as low as 128.78 earlier this week, as price has rebounded partly due to risk appetite, suggesting consolidation with mild upside bias would be seen for gain to 132.00 but break of 132.34 (61.8% Fibonacci retracement of 134.54 to 128.78) is needed to signal…
Source:Trade Idea: EUR/JPY - Buy at [...]

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FAP Turbo Customer Feedback How Effective is This Program

Posted in Currency Trading

FAP Turbo customer feedback has been coming in now that this program has been available to everyday traders for several months now begging the question what to traders think of this money making forex program
Source:FAP Turbo Customer Feedback How Effective is This Program

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How to Select a Truly Winning Forex Exchange Trading Program Posted By : Max Brenner

Posted in Currency Trading

About one third of all forex traders are embracing a forex exchange trading program to do their trading work for them and we’re likely to see this technology continue to improve and become more of the norm in this market amongst traders.
There are dozens of seemingly reputable and effective programs, however, begging the question [...]

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$ Index, Major Bottom in Place

Posted in Forex Rates

$ index has finally broken above the ceiling of the falling wedge that has been forming since June (see daily chart below). As been warning, these are seen as reversal patterns that resolve sharply higher, and suggests further gains toward 76.90/00 (38% retracement from the June high at 81.45), 77.75/85…
Source:$ Index, Major Bottom in Place

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