Guest post from visionsofaffluence.com So you have been trading for a while now and you finally feel like you have gotten the hang of things. I mean you still take losses but now you know that they are an inevitable part of trading, and since you follow proper money management principles your wins always out weigh … “Beware The Hidden Danger Of Early Success… Or Else!”
Category: Opinions
Bernanke Prints Dollars – Greenback Back Down
Ben Bernanke prints more dollars as expected from early hints. The methods that the central bank will now use, and the worries about the slowdown, end the dollar’s round trip, and makes the break down of EUR USD a false break – at least for now. In my post about scenarios for the Fed decision, … “Bernanke Prints Dollars – Greenback Back Down”
Fundamental Overview – Market Movers Last Week –
The U.S. Dollar continued showing signs of weakness last week on the back of an overall disappointing set of economic numbers from the jobs sector in the United States. The Greenback fell significantly against all the major currencies except for the Canadian Dollar, against which it only fell by 0.1%. Dollar Drops Against All Other … “Fundamental Overview – Market Movers Last Week –”
Weekly Video Outlook – Potential Breakouts, FOMC Meeting and
On the weekly interview on Forex TV, I spoke with Julie Sinha about this week’s events, with a focus on the FOMC meeting, that holds high expectations. In addition, I’ve covered potential breakouts in selected pairs. Enjoy! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Get the … “Weekly Video Outlook – Potential Breakouts, FOMC Meeting and”
Scenarios for Fed Decision
The upcoming FOMC Meeting holds high expectations for easing steps by the Federal Reserve – steps that can help stimulate the economy that has slowed down. Here are possible scenarios for this decision, and possible market reactions. On Tuesday, August 10th, at 18:15, Ben Bernanke and his team will release the FOMC statement. I’ve already … “Scenarios for Fed Decision”
How Middle East Violence Impacts Forex
Political tension in the Middle East heightens from time to time, and some of them have a strong impact on currencies – some benefit and some retreat. Here’s a guide. Towards the end of June, there was a rumor that Israel will attack Iran. This rumor, which didn’t materialize, had a strong impact on currencies … “How Middle East Violence Impacts Forex”
If You Are Going To Use Indicators Then Do It
Guest post from visionsofaffluence.com Do you use indicators in your trading? If you’re like most traders then you are probably going to answer yes. You probably refuse to trade without an indicator of some type plastered to your charts. No I personally don’t believe in the use of indicators. I think that the best and dare … “If You Are Going To Use Indicators Then Do It”
EUR/USD Close To Uptrend Support Before NFP
EUR/USD, that enjoyed a sharp rally in a steep uptrend channel, is flirting with the bottom edge of this channel just before the critical release of the NFP. Technical update on this pair. As seen in the graph (click to enlarge), EUR/USD is trading in a steep uptrend channel in the past two and a … “EUR/USD Close To Uptrend Support Before NFP”
Think Demo Trading Will Make You Successful?… Guess Again
Guest post from visionsofaffluence.com Demo trading. We are all familiar with it. We have all heard the advice of the experts that tell you that you should demo trade first in order to learn how to trade. Indeed demo trading is thought by many to be the path to trading success because by allowing people to … “Think Demo Trading Will Make You Successful?… Guess Again”
A Journal Entry A Day Will Keep The Margin Call Away
Guest post from visionsofaffluence.com If you want to be a successful trader then you are going to have to suffer. You will experience the highest highs and the lowest lows as you climb the mountain of trading success. On this journey there will be one skill that will be more valuable to you than all others, … “A Journal Entry A Day Will Keep The Margin Call Away”