February 2010
9 posts
The Euro’s Next Battleground: Spain →
Shared by Andhi
Now the British look pretty smart when they decided not to join the single currency of the EU. The French and German Governments will have to bail out the P.I.G. nations (Portugal,…
4 tags
Euro Falls in Forex Trading →
Currency trading with the euro The euro is falling in forex trading as Europe frets about the situation in Greece. Moody’s warned that Greece faces another downgrade to its sovereign debt…
Why Gold Will Keep Falling: Currency Strategist →
Gold prices have dropped nearly one percent over the past week-and the decline could continue, said Ashraf Laidi, chief currency strategist at CMC Markets. There’s more downside for the precious…
What Does This Pattern Mean For Cable?
A very... →
What Does This Pattern Mean For Cable?
A very interesting consolidation pattern on the hourly chart for the GBP/USD. A rectangle is a continuation pattern. So since this pattern occurrs after a…
Making a Tough Call [Quotables] →
“When faced with two choices, simply toss a coin. It works not because it settles the question for you, but because, in that brief moment when the coin is in the air, you suddenly know what you…
7 tags
Best Time To Trade →
Knowing what currency pair to trade is as important as knowing when to trade. Most traders make money in times of high volatility. Although the FOREX market is open 24 hours a day, it does not mean that any hour of the day is optimal for trading.
There are four major markets that trade currencies: Sydney, Tokyo, London and New York. The highest liquidity hours are found when two markets overlap.
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Traders make $8bn bet against euro →
Forex4noobs →
On my previous post I recommended 2 websites for newbies to FX trading. Here is another one.
2 tags
Get An Education!
The barrier of entry to retail FX trading is very low. All you need is money to fund your account and an opinion on the markets.
Even though the tools for trading FX are within the reach of most aspiring traders, staying profitable is a goal that only a few traders can say they’ve achieved. What makes a trader successful? We can debate that for ages. In his book “Way of the Turtle:...