In a midweek interview on Forex TV, I spoke with Julie Sinha about the current stabilization in price action, tension towards the Non-Farm Payrolls and potential breakouts in a selected currency pairs. Enjoy! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Get the 5 most predictable currency … “Video Midweek Update”
Category: Opinions
Fundamental Overview – Market Movers Last Week –
The U.S. Dollar began showing definite signs of weakening last week — despite some positive economic numbers from the U.S. housing sector — as it fell against all the major currencies except for the New Zealand Dollar, which declined by 0.2%. Dollar Drops Against All Majors Except the Kiwi The biggest drop in the Greenback … “Fundamental Overview – Market Movers Last Week –”
Will Bernanke Devaluate the Dollar Again?
As the US economy shows signs of slowdown, the Federal Reserve might intervene to boost the economy by buying assets – spilling dollars. This prediction, by the Japanese Nomura bank goes hand in hand with a very sharp drop in the dollar across the board. Is the dollar going for an accelerated collapse like in March 2009? … “Will Bernanke Devaluate the Dollar Again?”
Jobs Hangover Continues? Non-Farm Payrolls Preview
It’s the first week in the month, and Friday brings the king of forex – Non-Farm Payrolls. We’re expecting to see another significant drop in jobs – still the after-effect of the government census, but also a reflection of the slowdown. Here’s a preview for this major release, including things to watch out for, and … “Jobs Hangover Continues? Non-Farm Payrolls Preview”
You Wouldn’t Go To War Without A Plan… So Why
Guest post from visionsofaffluence.com When most of us start out in the trading business we view it as the path to quick riches. We think that all we have to do is find a indicator, slap it on a chart and then voila we will be transformed into expert traders. This couldn’t be further than the … “You Wouldn’t Go To War Without A Plan… So Why”
How to Make Profitable Entries in Your Forex Trading
Guest post by Kris Matthews tradeforexfundamentally.com Have you ever put a trade on after seeing the market run nicely in one direction only to see the market immediately move in the opposite direction? Have you ever waited for a pair to come down to a specific price level that you were certain would hold, only … “How to Make Profitable Entries in Your Forex Trading”
Eur/Usd Trading – 3 Tips That Will Make You the
Guest post from visionsofaffluence.com Ok, so maybe I exaggerated a bit about you becoming the next George Soros but with these tips you will definitely be able to make a lot of money. 1. Only trade it during the U.S European Overlap. That’s not to say that you can’t have success trading it at other times … “Eur/Usd Trading – 3 Tips That Will Make You the”
EUR/USD – This is Resistance
EUR/USD is flirting with the 1.30 line and currently fails to make the breakout that many people are waiting for – resistance is very strong. In the narrowing uptrend channel, it will soon have to make a decision. EUR/USD already crossed the psychological level of 1.30 on July 16th, peaking at 1.3007. 4 days later, … “EUR/USD – This is Resistance”
Your System Means Nothing… Unless You Master This Principle
Guest post from visionsofaffluence.com There is one component of trading that is a necessity if you wish to become a successful trader and that is money management. With proper money management your trading potential is unlimited, without it you will fail. Too many new traders come into this business and focus only on how much money … “Your System Means Nothing… Unless You Master This Principle”
Fundamental Overview – Market Movers Last Week –
Guest post by ForexTraders.com Last week saw the U.S. Dollar again trade softer against most of the other major currencies. Also, commodity prices mostly gained, with crude oil gaining 3.9% to close at $78.98 per barrel, with a predictably positive effect on the Australian and Canadian Dollars. Nevertheless, the price of gold closed virtually unchanged at … “Fundamental Overview – Market Movers Last Week –”