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On Wednesday the greenback climbed to eight-year peak versus the yen, as upbeat data released Tuesday continued to boost demand for the dollar...
According to data compiled by Bain and Co, China is a home for more than one million millionaires, as private wealth soars in the country. The biggest concentration - at least 100,000 - is in Guangdong province, just over the border from Hong Kong, says CNNMoney...
The Organization for Economic Cooperation and Development (OECD) underlined in a report, the rebound from the financial crisis is still weak and uneven. This slows economic growth in developed countries for the second quarter in early 2015...
Interview with Al Brooks, price Action day trader and the author of 'Trading Price Action Reversals'
1. Brooks is a price action trader with 27+ years of experience. 2. He is an active day trader, trading off the 5 minute chart. He trades the entire day. 3. He has a purely technical approach, relying totally on price action with just a few moving averages. 4...
European stocks recover on Wednesday after losing ground in the previous session, as Greek jitters and a commodity squeeze receded...
Deutsche Boerse AG and two Chinese exchanges are establishing a joint venture called China Europe International Exchange to offer yuan products, with the aim to provide European investors with bigger access to the world’s second-largest economy...
China has founded its largest gold-investment fund in history, totaling 100 billion yuan ($16 billion), which aims to invest in mining projects in the region and strengthen Chinese influence in global gold markets...
D1 price is on breakdown for trying to cross 1185.50 support level for the breakdown to be continuing. The price is reversed from the primary bullish to the primary bearish market condition on close D1 bar...
On Wednesday the single currency edged higher as Greece default fears eased and as greenback paused its rally fuelled by expectations for a U.S. rate hike later in 2015...
This is detailed guide to profiting from trend reversals using the technical analysis of price action. The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that...
The New York Times technology and finance reporter Nathaniel Popper’s new book “Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money” has been praised as one of the best Bitcoin books to date...
CHF/JPY: Long Position has been opened on May 6. The pair is having a rank of 61 and is consolidating in the last 2 weeks. The CHF has a currency score of 6 and the JPY a score of 3. The Weekly chart is looking strong but the Daily and 4 Hour chart are showing some consolidation...
Click on my name for further discussion Let's face it nothing new has really been invented in trading in the last 30 years. Computers are faster and more intelligent , but most of the trading strategies and indicators used by them were invented a long time ago...
The FOREXSTAY LIGHT EA is a very intelligent expert system that works with 10 strategies & 10 filters and can open and manage up to 100 trades in one second...
“The economy is picking up, so why are you punishing us?” That was the message from Spain's conservative party to the two big election shocks on Sunday...
Venezuelan Bolivar Falls 66% According to the recent reports, the official exchange rate between the two aforesaid currencies surged 66% last week, while in black markets, it went 64 times higher than the official rate. Tip: go trade cryptocurrency fellas...
News stats are released regularly, and sometimes they show different stories. What on earth are Fed officials waiting for? Sluggish growth and rising inflation put the Fed into a difficult situation...
On Tuesday the euro was at one month lows against the stronger greenback after an avalanche of fresh economic reports from the United States which mainly indicated that the economy is regaining ground after a sharp slowdown in the first quarter...
For S&P 500, Expensive Is the New Cheap (Bloomberg) but see Don’t Count on Happy Returns for U.S. Stocks (MoneyBeat) Productivity: It’s a drag...
