When starting a new hobby or endeavor, it’s easy to get suckered into buying things that you think you need but eventually find that you don’t, at least not in the beginning...
EURUSD (Update from my last post May 28, 2016) - Trend-line Rejection after two weeks of retracement, Now we are looking for price action signal at lower timeframe to open buy position. Possible Target nearest resistance level @1.14600...
First, a review of last week’s forecast: – making a forecast for EUR/USD, both experts and technical analysis unanimously voted for a sideways trend with a bearish sentiment, which was 100% fulfilled – discrepancy between the levels of the beginning and the end of the week made just around 20 poi...
One of the more useful skills for forex trading is knowing when to press your advantage. Pressing your advantage may be in the form of increasing reward-to-risk ratios by adding to winning positions or even just logging in more trades...
Having a profitable strategy is only a part of what makes forex trades profitable. The other part? Execution. If you find that you’re having trouble with your trading mindset today, then this list is for you...
Setting expectations can be a wonderful tool for traders. They provide benchmarks to help us ultimately determine success and failure, and they also give us goals to work towards. However, we must be careful in setting our expectations...
Top Trade For Brexit Vote With the Brexit voting day of June 23, 2016 coming closer, it’s going to be an action packed run-up to the final. Click Here to continue...
GBPUSD extends to new highs. A week ago, there was a poll that sent the GBPUSD racing lower by 172 pips in 15 minutes. It looked like this.... That can wreak havoc with your trading and your P/L...
The UK’s EU referendum on Thursday (23 June) will be the main focus in the week ahead, but we also highlight other developments within the G10 FX bloc...
Our poll tracker is pointing to a 47% probability of Leave,and so we would assume the FX markets are pricing around this probability. There has been a strong relationship between the performance of GBP's TWI and the betting market probabilities and similarly with EURCHF...
Not to be confused with the Atlanta Fed GDPNow forecast. Maybe this is the Feds problems. Too many districts adding more confusion (and eroding credibility in the process...
Sneaks a peak above The GBPUSD has reached the 200 hour MA and snuck-a-peek above at the 1.43142 level. The high reached 1.43186 and currently trades at 1.4306. There are additional overhead levels against the 1.4335 dn 1.4349 where the 50% and the 100 day MA are found...
200 hour and 200 bar MA on 4-hour at the same area The EURUSD has extended up to the targets resistance ag. the 200 bar MAs defined by the 200 hour MA and the 200 bar MA on the 4-hour chart. Earlier in the US session , the 100 bar combo (hourly and 4-hour) held...
Moves away from 100 hour MA/Below 50% The USDCAD has moved to new session lows. The price of oil is on the rebound moving up from below $46 earlier today. The price is currently trading at $47.18 Looking at the hourly chart, the price sits between the pairs 100 and 200 hour MAs at 1.2887 and 1...
All eyes are open but... In golf they talk about being committed to the swing. In trading? Do you have a conviction. Adam speaks a lot about fundamental convictions. In fact, he will be speaking fundamentals at the ACT traders course starting on June 24...
Dear Traders, While both of our major currency pairs were yesterday still on a downswing the decline came to an abrupt end after the terrible attack on U.K. lawmaker Jo Cox has led to a suspension of all Brexit campaigns. U.K...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 17th EUR/USD has consolidated recovered position after yesterdays sharp fall. Now the pair is trading in narrow range near 1.1250 area with slight bearish mood...
The main highlight today will be Canadian CPI data for the month of May, released later in today’s New York Session. Headline CPI m/m is expected to increase to 0.5% from a prior 0.3%, however headline CPI y/y is expected to decline to 1.6% from 1.7%. Core CPI is expected to increase to 0...
Two Important Notes About The Last Decline in Dow Jones Industrial 1- The Last decline in Dow Jones lead to a great change in VIX value. so we should worry from the current falling trend which is in the beginning...
Forex performance table shows the strength or weakness of a currency, gold and silver against US dollar. Find information expressed in pips change and percentage change...
