During trading discussions traders often talk of which currency to use but rarely they speak about when to exit. Exit strategies are very important in forex trading. Many people do not realize the fact that exit strategy is as important as any other part of a trading system...
GBP/USD hit 1.6276 during European morning trade, the pair's lowest since September 18; the pair subsequently consolidated at 1.6293, shedding 0.28...
Gold fell to an eight-month low in London as the greenback was strengthened by the signs of an improving U.S. economy thus curbing demand for a protection of wealth. Platinum sank to an almost 15-month low and palladium declined...
Primary Trend: Bearish (see FIBO white lines) Secondary Trend : Bullish but with a current candle color Red (possible change inside bearish in closing bar) Volumes : on the Oversold border (it could enter the zone on closing bar) Suggestion: if price breaks down S2 and FIBO 38...
Adam Hewison is former floor trader, retired hedge manager and the President of INO.com In this video, Adam Hewison shares some very simple, yet powerful, trading rules that would benefit each of us in one way or another. 1. Have a Game Plan...
Fundamentals from last night are pushing down NZD. On this daily chart we see that current candle is breaking down either all supports (S1,S2,S3) and also all FIBO's. Volumes have tested the overbought border zone and now are pointing down to the Oversold one...
You can now copy my trades with a two week free trial September 25th 2014. The Greenback Strengthened substantially overnight talking out EURUSD stops below 1.2750 and causing some panic across the board...
There was a big news announced on Tuesday that PayPal would allow North American merchants to sell their digital goods for bitcoin through the PayPal Payments, but there seems to be something more which would mainly excite altcoin lovers...
If you’re looking for a banking job in Singapore, you may want to consider applying to Mizuho. The Japanese bank has announced in local media that it will be increasing its 600-strong Singaporean headcount by 50%, taking on another 300 people in the next three to five years...
European stock-index futures were little changed on Thursday, after equities recovered from their biggest drop in 11 weeks, as investors awaited a speech by European Central Bank President Mario Draghi...
USD , Euro and GBP have been reached their Close Levels. Any new orders by EUR/USD and GBP/USD and USD/CHF are risky now. Do not take reversal orders because the Market strength follows their Trend yet. EUR/USD: breaking 1.2722 will lead to an Strong further Short...
Not long ago, JPMorgan’s analysts issued a note. In it, they said that fixed income sales and trading revenues across all banks are likely to fall by 3% this year and by 3% next year. They also suggested that Morgan Stanley’s restructuring of its fixed income business was looking pretty good...
Martin J. Pring has become a leader in the global investor community since 1969. He is the chairman of money management firm, Pring Turner Capital. He is well known for developing economic indicators and also for contribution in educating traders and investors...
Russia's biggest crude oil producer Rosneft may back out of a deal to buy Morgan Stanley's oil trading unit, as Western sanctions make it virtually impossible to finance day-to-day operations, Reuters reports...
On Thursday the Australian dollar plunged after Reserve Bank of Australia Governor Glenn Stevens called for more risk taking and suggested that the economy needed more push...
This is just a follow-up post. I posted a signal "NZDUSD Resumes Bearish Bias" yesterday and it paid off big time. Although my own entry wasn't very well timed, I hope yours was. This trade took longer to pay off than expected, but here is the result: So far, it has been a good trading day...
Don’t be attached to a trade or currency Identifying the Next Likely FX Leader Know When That Has Failed “If you cannot make money out of the leading active issues, you are not going to make money out of the market as a whole.” “The leaders of today may not be the leaders of tomorrow.”...
There is an interesting question: "Is the long-term trading should always require huge capital? Are too great to be with stoploss and take profit in order to withstand large floating minus if it was turning its direction before contact with the TP...
In this video, recorded at TradeTech Europe 2013 in London, Tom O'Brien, Head of International Sales at Moscow Exchange, talks to Mike O'Hara of HFT Review about opportunities for high frequency trading firms in the Russian market...
