A downtick in the U.S. Consumer Price Index (CPI) may spark a more meaningful rebound in EUR/USD as it dampens the interest rate outlook for the world’s largest economy...
The yen updates the minimum of seven years against the dollar at 118.70 yen per dollar, after the minutes of the Fed revealed no special concerns regarding the strength of the US currency. At around 7.45 the euro is worth 1.2538 / $ 41 from a closed to US $ 1...
As we learned in last lesson, risking more than 2% of total trading capital on any one trade is a major reason for the high failure rate of most traders...
EUR/NZD: Short position opened EUR is having a pull back on different pairs but remains still a weaker currency and this offers an opportunity to take a short position on the EUR/NZD which is having a strong pull back also...
You can now copy my trades with a one week free trial Today I reached a significant personal goal. To move ahead of Siam FX Directional in this eight week test. My account is now up 97% and so is within a stone’s throw of a significant psychological 100% return...
Until end of month ........ I am bearish for EUR USD Target 1 Area 1,25 Target 2 Area 1,2460 Target 3 Area 1,24...
50% or more of the trades are losers. These trading strategies and traders are successful not because they are highly accurate on a trade by trade basis, but because when they are wrong they cut their losses quickly and when they are right they let their profits run...
A lesson on two of the most common mistakes that traders make when trading the stock, futures and forex markets. One of the most common mistakes is sticking in a trade where you know you are right in your analysis, but the market continues to move against you...
H4 price is on bullish market condition with secondary flat started 5 H4 bars ago. Chinkou Span line of Ichimoku indicator is located too far from the price for any possible breakout/breakdown of the price movement in the near future...
The euro leaves part of the gain realized yesterday in the trail of good indication came from the German ZEW...
How I Made $2,000,000 in the Stock Market: Now Revised & Updated for the 21st Century by Nicolas Darvas and Steve Burns How did a world-famous dancer with no knowledge of the stock market, or of finance in general, make 2 million dollars in the stock market in 18 months starting with only $10...
EUR/NZD: Short position at higher level. The EUR is having a pull back on different pairs but remains still a weaker currency and this offers an opportunity to take a short position on the EUR/NZD which is having a strong pull back also. At the time of writing the most recent high of 1...
US DOLLAR TECHNICAL ANALYSIS Prices may be gearing up for a turn lower after producing a bearish Dark Cloud Cover candlestick pattern. Near-term support is at 11211, the 23.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 11143-55 area (October 3 high, 38...
D1 price is on primary bearish with secondary market rally...
D1 price is on ranging market condition within primary bullish to be above Senkou Span A line which is one of the border of Ichimoku cloud/kumo. W1 price is on secondary ranging within primary bullish: Tenkan-sen is above Kijun-sen for bullish Nearest resistance level is 0...
D1 price is on bearish market condition with 1.5592 support level. W1 price is on primary bearish with 1.5592 support...
This morning the euro has recovered against the dollar after it fell yesterday afternoon followed the words of the Dragons, who have rekindled speculation of new expansionary measures by the ECB. The euro / dollar is trading at 1.2471 / 73 from 1...
