Archive for January, 2010

Sell off in 'Risk' Just Beginning (source: Daily FX)

Posted in Forex

Positioning for the commodity (AUD, NZD, CAD) currencies warns of big declines and a big rally in the Yen. (source: Daily FX) - RSS feeds and Feed widget on Feedzilla.com
Source:Sell off in 'Risk' Just Beginning (source: Daily FX)

Read more...

Trade Idea: GBP/USD - Sell At 1.6110

Posted in Forex

The British pound finally dropped below indicated support at 1.6077 on dollar’s strength partly due to the release of better-than-expected U.S. GDP data, confirming a downside break of the 1.6077-1.6285 range has taken place and the decline from 1.6459 may extend to 1.6000 and possibly towards 1.5950/60, however, oversold condition…
Source:Trade Idea: GBP/USD - Sell At [...]

Read more...

Plan Your Financial Future By Trading For A Living Posted By : Peter Skotnicky

Posted in Currency Trading

Because many people are finding it hard to make a living in this day and age we are all looking for alternative ways to make money. The way they are able to do this is by trading for a living. This is something that people have been doing for many years and this can be [...]

Read more...

South African Rand Loses its Luster (source: Forex Blog)

Posted in Forex

In 2009, the South African Rand was the world’s second best performing currency, after only the Brazilian Real. Since September, however, it has stagnated, and over the next year, it is projected to fall 10%. What happened?! The Rand represents an i… (source: Forex Blog) - News widgets and RSS feeds on Feedzilla.com
Source:South African [...]

Read more...

Trade Idea: USD/CHF - Buy At 1.0435

Posted in Forex

As the greenback has maintained a firm undertone after rising to 1.0559 yesterday, suggesting recent upmove from 2009 low of 0.9910 would resume after consolidation and extend gain to 1.0592 (previous support turned resistance) . Having said that, loss of upward momentum should prevent sharp move beyond 1.0690/00 (38.2% Fibonacci…
Source:Trade Idea: USD/CHF - Buy At [...]

Read more...

Why Japan is Swine Flu's Greatest Victim

Posted in Forex

Japan’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...

Forex Robots, What You Should Know To Find If They Work. Posted By : Jeronimo Martin

Posted in Currency Trading

The Forex market is a $3 trillion dollar industry! Whether you knew this or not, it is a fact. A lot of people hear that they can make a really big amount of money from Forex. Even if they know nothing about Forex, they are still drawn to it because of what they hear.
Source:Forex Robots, [...]

Read more...

US Dollar Strengthens To A 5-Month High

Posted in Forex Rates

The euro stayed under downward pressure all week, losing ground against all G10 currencies but the Norwegian krone as pessimism broadened following talk of a possible bailout of Greece by the EU. Risk aversion plays also favoured outflows from high yield and emerging market currencies and helped the US dollar…
Source:US Dollar Strengthens To A 5-Month [...]

Read more...

The Only Road to Success in Foreign Exchange Forex Trading

Posted in Currency Trading

Foreign exchange forex trading is a good way to realize your financial independence without investing in the stock market You get greater trading hours greater liquidity and trillions of dollars exchange hands in the forex market Keep these points in mind to make the kind of money that you want in your foreign exchange forex [...]

Read more...

Forex Trading System Is The Secret Behind Many Highly Successful Forex Traders! Posted By : siddhu

Posted in Currency Trading

No top secret here in forex trading to make huge profits. The smarter you will be, the more the money you will be making in fx market. And at the same time the more you are acquainted about what is happening on in fx trading,
Source:Forex Trading System Is The Secret Behind Many Highly Successful Forex [...]

Read more...