All Blogs
USD/CAD Technical Strategy: Flat Support: 1.2328, 1.2181, 1.2035 Resistance: 1.2523, 1.2646, 1.2827 The US Dollar remains locked in a familiar range below the 1.27 figure against its Canadian counterpart after turning lower as expected. A daily close below the 1.2328-81area marked by the 38...
AUD/USD Technical Strategy: Flat Support:0.7715, 0.7638, 0.7469 Resistance:0.7899, 0.8069, 0.8343 The Australian Dollar may be readying to resume the down trend against its US counterpart after putting in aBearish Engulfing candlestick pattern. Near-term range support is at 0...
On Tuesday the Australian dollar rose, as the Reserve Bank of Australia held the cash rate steady at 2.25%, a record low, but signalled it might move to cut further to spur growth...
Entries & Exits: Visits to 16 Trading Rooms by Alexander Elder Come behind closed doors and see real trades made by real traders. Dr. Alexander Elder leads you into 16 trading rooms where you meet traders who open up their diaries and show you their trades...
For today R4 - 0.7914 R3 - 0.7880 R2 - 0.7836 R1 - 0.7796...
Although there has been much press recently about the US Dollar loosing its status, there is no doubt that as of this lesson and most likely for the foreseeable future, the US Dollar still reigns supreme over all other currencies of the world...
When looking at the Top 15 in the Monthly Ranking and Rating list provided here we can see that for the coming month the following stronger currencies are well represented for going long: GBP(5X), USD(4x) and the CHF(3X...
For today R4 - 1.5621 R3 - 1.5588 R2 - 1.5554 R1 - 1.5480...
Many traders know NRTR indicator and some of us are using it in our trading systems. What is NRTR? if I am not mistaken - NRTR is Nick Rypock Trailing Reverse) and the theory behind it is the following (see image): This Nick Rypock concept was invented in 2001 by Konstantin Kopyrkin...
Support & Resistance for NZD/USD (SIGNAL) For today R4 - 0.7712 R3 - 0.7690 R2 - 0.7619...
Like I wrote in the previous post about EURUSD, this pair is currently ranging and seeing both selling on the tops, and buying on the bottoms (ie near the support). So the strategy should be to wait for prices to come either near the support or resistance, and trade accordingly...
On Monday the greenback was almost unchanged against its Canadian counterpart, as disappointing U.S. personal spending data weighed, though a weak report on Canada's current account dented demand for the loonie...
Westpac Bank is Australia's First Bank with a range of innovative financial packages to suit your needs. This leading Australian bank offers online banking. Forecasts for EUR / USD, USD / JPY, AUD / USD, NZD / USD, AUD / NZD — Westpac. PS: indicators that you can use in your trading system...
Gold held near a two-week high on Monday, as traders continued to monitor the direction of the dollar while digesting the latest spate of U.S. economic data in their quest to gauge the metal’s appeal...
The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex by Markus Heitkoetter The Simple Strategy is very popular amongst traders for the following reasons: Clear Entry Rules When trading "The Simple Strategy", there's no second-guessing...
Among the firms whose shares are expected to trade actively on Monday are Qualcomm and Berkshire Hathaway...
On Monday Bitcoin prices slid into the red territory, after hitting a two-week high earlier in the session...
Games firm Valve has made its long-anticipated move into virtual reality, teaming up with HTC for the Vive VR headset. Standalone device will go head-to-head with Facebook’s $2bn VR headset by the end of 2015, when both will have released commercial editions, says The Guardian...
Hour: Which hours of the day will produce the best trades? Session: Which trading session has the most action? Day: What is the range for particular days of the week? Month: Do the days of the month differ? One of the key elements of any trading system is market timing...
