Tag Archives: Technical Analysis
Profit with Private Forex Program
Posted on09. Jul, 2009 by admin.
Forex trading or engaging in the business of the foreign exchange market is a profitable venture. Some people even experience up to 58% of profit in their investments for a period of just one month.
That definitely sounds a big winner. However, not many people understand what forex is all about and what it entails. It [...]
Continue Reading
A Beginner's Guide to FOREX
Posted on29. Jun, 2009 by admin.
FOREX is the abbreviation for the Foreign Exchange market. FOREX is basically an international exchange market where currencies from all over the world are bought and sold for profit. The market today began in the 1970’s. FOREX is a very unique market because it is not based in any particular place, and it also has [...]
Continue Reading
Learning All About Forex Charts Before You Start Trading
Posted on26. Jun, 2009 by admin.
Forex Charts are based on the forex market action involving price. Charts are a major tool in forex trading. There are many kinds of charts, each will help to visually analyze the forex market conditions, assess and create better forecasting, and identify forex market patterns and behavior.
Forex charts and spreads weigh heavily on the return [...]
Continue Reading
The Market is always Technical
Posted on05. Jun, 2009 by admin.
Are there times when the market trades technically and others from fundamentals?
The easy way out when the market doesn’t move as forecast…
This is a comment I often hear or read… “In the absence of economic information the market traded technically”.
You should see my face glow red with frustration when it is repeated again… and again. [...]
Continue Reading
American Economy Takes Center-Stage
Posted on03. Oct, 2008 by admin.
Economic News
USD
All eyes look to the U.S. House of Representatives as the $700 billion bailout plan, passed in the Senate yesterday, is put forward for a second round of voting. This bill was killed the first time it reached the House since congressmen were not yet in agreement over the various stipulations included in the [...]
Continue Reading
USD Saga Continues
Posted on24. Apr, 2008 by admin.
Economic News
USD
Yesterday, the Greenback spent most of the trading day with bullish momentum against the majority of its currency pairs and crosses. The USD gained almost 0.9% and closed trading around 1.5850 vs. the EUR after it previously dropped to 1.6019, the lowest level ever. The dollar gained after a weak printing of the European [...]
Continue Reading
USD Reaches All Time Low
Posted on23. Apr, 2008 by admin.
Economic News
USD
The U.S. economy is facing fresh difficulties that will probably further dampen the national currency. Yesterday, the greenback tumbled to fresh lows trading as low as 1.6022 vs. the EUR after the European Central Bank policy makers signaled they may raise Interest Rates due to inflation concerns. The USD extended its drop against the [...]
Continue Reading
US Core CPI On Tap
Posted on16. Apr, 2008 by admin.
Economic News
USD
Yesterday, the Greenback spent most of the trading day with bullish momentum against the majority of its currency pairs and crosses on the back of surprisingly strong U.S inflation and manufacturing data releases. The greenback added 0.35% to its value against the EUR locking the session below the rate of 1.58, after the first [...]
Continue Reading
U.S PPI On Tap
Posted on15. Apr, 2008 by admin.
Economic News
USD
The dollar responded yesterday to Sunday’s opening session by recovering against most of its major currency rivals. What was interesting to see was the small recovery, which was made, despite a day of positive economic figures. At the opening of the market this week the EUR/USD pair opened 150 pip below its closing point [...]
Continue Reading
U.S. Retail Sales On Tap
Posted on14. Apr, 2008 by admin.
Economic News
USD
Last week we saw the return of significant volatility to the Forex market. Amidst fears of Recession in the US, due to the housing and credit crisis as well as poor labor numbers, investors once again became weary of the dollar. The last part of March heading into April saw the greenback swing up [...]
