Archive for March, 2007
Sterling Adds To Recent Gains Versus Euro
Posted on26. Mar, 2007 by admin.
The sterling gained ground on the yen and euro in early dealing Monday in New York, with traders awaiting Monday evening’s release of UK house prices data.
The pound posted steady gains against the yen Monday morning in New York, bouncing back from losses in the previous session. The sterling fetched 231.95 approaching mid-morning, with traders [...]
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Volatility Makes for Good Short-Term Trading
Posted on22. Mar, 2007 by admin.
The more volatility an individual market has, the better suited it is for short-term trading. To assess which stocks are better day trading vehicles, one way to calculate volatility is simply to divide its price by its average daily range. The lower this number, the more important it is for a trader to hold positions [...]
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An Excellent Way To Determine The Exit Point Strategy
Posted on22. Mar, 2007 by admin.
Most of beginner and sometimes advanced traders spend their time analyzing their entry point to the market and ignore or neglect a very important thing which is the Exit Point.
Sometimes fear and greed play a negative role in the decision of the exit point. For this reason it’s crucial to determine it before entering the [...]
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Economic Data and its Influence on the Financial Markets
Posted on21. Mar, 2007 by admin.
The things which contribute to price levels and action in the financial markets are numerous and diverse, and their influences can vary through time, and across different markets. This article identifies the different types of Economic Data influences and the role they play.
There are two ways economic information can influence prices. The first is in [...]
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Canada Afternoon: C$ Ends Sharply Higher After Strong CPI
Posted on20. Mar, 2007 by admin.
Canada Afternoon: C$ Ends Sharply Higher After Strong CPI
TORONTO (Dow Jones)–The Canadian dollar registered its largest one-day gain of 2007 to end sharply higher Tuesday, after an unexpectedly strong Canadian February consumer price index report provided the catalyst to break the currency free of its recent pattern of stifling range-trading.
The U.S. dollar was trading at [...]
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Dollar Rises Before Fed Meeting; Yen Falls As Carry Trade Resumes
Posted on19. Mar, 2007 by admin.
By Wanfeng Zhou
The dollar rose against other major currencies Monday, rebounding from last week’s losses as investors await an interest-rate decision from the Federal Reserve later in the week.
The Federal Open Market Committee, the Fed’s policy-setting panel, starts its two-day policy meeting on Tuesday. Economists believe the Fed will almost certainly keep monetary policy on [...]
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Forex Advice Links
Posted on19. Mar, 2007 by admin.
Forex Trading, Currency Trading with ACM – Forex Trading with ACM, leader in online currency trading. 2 pip spreads, fx charts, real-time currency exchange rates, forex news and analysis. Free practice accounts.
Sam Beatson’s Forex Blog
Forex Articles- Whole Forex in one place
EarnForex – Forex Trading Information – Forex trading site EarnForex.com offers information about foreign exchange [...]
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Online Forex Trading Pips
Posted on18. Mar, 2007 by admin.
Forex pips are the smallest units of the price of online Forex currencies. Forex currencies are made of five numbers, when the decimal point usually appears after the first number. Finding out about the meaning of Forex pips can help you while trading in the online Forex trading market.
This is apparent for example for the [...]
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Online Forex Trading Quotes – How to Read and Understand Quotes
Posted on16. Mar, 2007 by admin.
When you trade in online Forex, you need to read the Forex quotes, which are how the currencies are written. In every Forex transaction the trader, two currencies are simultaneously bought and sold. These two currencies are called the currency pair. There is no option to make Forex orders without knowing how to read the [...]
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Forex Trading History
Posted on16. Mar, 2007 by admin.
Foreign exchange of currencies can be dated back to ancient times, when merchants of different sorts traded coins from country to country. In ancient Egypt the first coins were used, and paper notes were added later on by the Babylonians. The history of Forex continues in the middle ages when foreign exchange was maintained by [...]
