Once again following our rules saved us from taking an ugly loss. I hope most of you headed our warnings and got out of any position prior to the 10:00 AM news. Mr. Bernanke will testify before the Joint Economic Committee of Congress on the U.S. economic outlook, in Washington, and Cable went […]
I truly hope that all of you have been following our outlooks on the Forex market. Last week, alone, we netted over 500 pips in profit.
Now, granted, that is a GREAT week of trading, but they do come often enough. But, how are you supposed to know when they are coming?
You aren’t. What you are […]
Tonight is the first night in a long while that we will look to go short on cable. We believe Mr. Bernanke said what most people wanted to here and that his statement will satisfy most traders.
There are several reasons apparent on the charts indicating that we may have already seen a […]
When is a night that you don’t get into a trade a good trading night? Well the obvious answer is when the market goes against you, but since you did not get to your entry price you did not lose any money.
Last night gave us an example of what I believe is […]
Forex signal trading gives the traders one more analytical tool.
Forex signal trading has emerged as an important support service for forex traders. This service is run either by forex brokers or by independent analysts who monitor and analyze the forex market. These analysts identify forex trends using several indicators. Based on this analysis, they suggest […]
Do you ever feel like you know just enough about Forex to be dangerous? Let’s see if we can fill in some of the gaps with the latest info from Forex experts.
The Foreign Exchange Market - better known as FOREX - is a world wide market for buying and selling currencies. It handles […]
FOREX trading appeals to many traders for several reasons other than its potential for profitable trading:
1. FOREX trading offers a 24-hour market so that any trader can take advantage of profitable market conditions at any time.
2. The FOREX market is the most liquid market in the world so that traders can enter or exit the […]
The best course of action to take sometimes isn’t clear until you’ve listed and considered your alternatives. The following paragraphs should help clue you in to what the experts think is significant.
FOREX traders almost always rely on analysis to make plan their trading strategies. There are two basic types of FOREX analysis - […]
Ok, so be honest. How many of you thought we were crazy when we said look for mid 1.8700’s. Well, hopefully you caught the bottom of the move from yesterday and jumped on for the ride.
However, don’t beat yourself up if you didn’t get in. Remember, taking no trade is better than jumping into a […]
First what is Forex: The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals […]
