Fundamental And Technical Analysis

When the discussion turns to the use of Stop Loss orders, you can be confident that a division will occur between all the participants of the discussion, as they are first divided on whether to use stops, and then those who say we should, are therefore divided again on how ... Continue Reading

Examples of U.S. economic indicators that are clearly tradable, resulting in immediate price adjustment and trading position profits: MOMENTUM TRADE – GOING WITH THE NEWS Monthly employment – We focus on the non-farm payroll. Our studies show the number is generally way off the forecast and the resulting U.S. dollar price adjustment ... Continue Reading

The Wave Pattern Elliott's main discovery was that market behavior could be identified and measured through a repeating eight wave sequence, consisting of 5 waves that he called "impulsive," followed by a 3-wave "corrective" sequence. Impulse waves are labeled numerically 1 through 5, corrective waves are labeled A, B and C, as ... Continue Reading

By AceTrader INTRA-DAY GBP/USD: +1.5915+ Last Update At 01 Feb 2010 09:36 GMT Despite intra-day marginal weakness to 1.5905, current rebound after the release of much better-than-expected U.K. mfg PMI data suggests an intra-day low has possibly been made n consolidation with upside bias is seen for a minor retrace. to 1.5979. Buy on ... Continue Reading

FXstreet.com (Barcelona) - Dollar recovery from Asian session low at 89.80 has been capped at 90.45 high on early European session, and the pair's following pullback has held above 90.20. On the upside, resistance levels lie at 90.45/55 (session high/26 and 28 high), and above here 90.90 (Jan 29 high) and ... Continue Reading

FXstreet.com (Barcelona) – The EUR/USD is closing out today's American session trading horizontally in the range between 1.4545 and 1.4505 after establishing a 5-week high at 1.4555 earlier in the European session. The pound has gained more than 110 pips on the dollar over the course of today's trading. The Wells Fargo ... Continue Reading

By: www.forexpeacearmy.com This is an overview of the upcoming week. Please refer at here (forexfactory) to see the Calender. 1. Wednesday, January 13th (04:30 New York time) UK: UK Industrial Production. We have UK Industrial Production coming out. It is expected to read 0.3. Last month it read 0.0. I recommend trading GBP/USD ... Continue Reading

FXstreet.com (Barcelona) – The GBP/USD is trading above 1.5900 level after finding support at 1.5895 in the minutes following the BoE monetary policy release today's morning. Cable fell around 165 pips throughout the Asian and European session to find support at 1.5895. Currently the pair is trading around 1.5910/20, 0.65% below ... Continue Reading

«Anyone can get angry - it's easy. But to be wrathful at the right person, at the desired degree, at the right time, for a particular purpose, and relevant way - that's the difficulty ». Aristotle Really. And the same can be said about the fear and anxiety, repentance and hope, greed ... Continue Reading

The foreign exchange market is one of the most popular markets for speculation, due to its enormous size, liquidity and tendency for currencies to move in strong trends. Presumably, these characteristics would enable traders to have tremendous success. However, success has been limited mainly for the reasons described below. Many traders come ... Continue Reading