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Brexit is reality: the UK voted to leave the EU and markets are reacting. The biggest currency impact is seen in the fall of British pound, crashing over 10% at some point against the dollar...
Trading Systems
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Sherif Hasan, 25 June 2016, 18:47
Interpreting your forex charts could be a bit challenging and if you do not analyze with care, you might misunderstand the currency actions. This aspect of Fx (Chart Analysis) is a very sensitive part; which is why your total attention is required for it...
Trading Systems
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Sherif Hasan, 25 June 2016, 18:45
The UK decided to leave the EU in a move that shocked global markets. This has wide implications beyond the shores of the UK and the EU. It could even tip the world into a recession. There are many open questions after the UK vote to leave...
Market News
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Sherif Hasan, 25 June 2016, 18:43
The UK voted out with the pound crashing and the euro following. What’s next? Here are opinins from two banks. Here is their view, courtesy of eFXnews: Brexit Wins: GBP/USD Towards 1.20-1.25, EUR/USD Towards 1.06 – SocGen We continue to look for GBP/USD to trade around a 1.30-1...
Trading Systems
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Sherif Hasan, 25 June 2016, 18:41
The Brexit decision had huge market implications with a crash for the pound, falls for other risk currencies and gains for the dollar and the yen. Apart from the Brexit aftershocks, we have US and Canadian GDP data, US Consumer Confidence and other events...
Trading Systems
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Sherif Hasan, 25 June 2016, 18:38 #trading system
A rising dollar once again! Would that be good or bad for the US economy? As Britain voted on June 23rd to part ways with the EU, besides the yen and the gold safe havens, the US dollar also emerged as one of the beneficiaries...
Trading Systems
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Sherif Hasan, 25 June 2016, 18:35
UK's EU Commissioner Hill has announced he will stand down 25 June 2016 does not believe it was right for him to carry on with his work as the commissioner in charge of financial services. will stay on for a period of weeks to ensure an orderly handover...
Market News
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Sherif Hasan, 25 June 2016, 14:42
The Brexit referendum was always going to be a game changer whatever the result 24 June 2016 Be careful what you wish for they say, as indeed did I, and I had warned in other pieces too that whatever the outcome the UK landscape would never be the same again...
Market News
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Sherif Hasan, 25 June 2016, 14:40
USDCHF: With USDCHF closing higher on price halt the past week, further bullish offensive is expected. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
Analytics & Forecasts
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FXTechstrategy.com, 25 June 2016, 13:49 #usdchf
Cup with vanilla latte and a bearded guy behind his notebook… This picture can be seen in almost any cafe. Modern technology allows us to work from anywhere in the world. And in a cafe with free WI-FI, we also have the opportunity to order a snack, tea or coffee...
Other
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Sherif Hasan, 25 June 2016, 10:28 #Trading
Novice Forex traders believe that fundamental analysis is something very difficult, which requires higher education in economy, outstanding intelligence and heaps of free time for analyzing statistics, ratios, etc. This is not true. Fundamental factors are not as difficult as lot of people think...
Other
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Sherif Hasan, 25 June 2016, 10:22 #forex
What very important to your profitable trading performance ? I think, that you have a proper area in your house to trade from, because your environment has a direct influence on your mindset, and your mindset has a huge affect on your overall trading performance...
Other
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Sherif Hasan, 25 June 2016, 10:17
GBPUSD As expected, GBPUSD is also trading lower since yesterday after the price completed a big corrective retracement labeled as wave IV and made a nice sharp turnaround lower from 1.5014...
Trading Systems
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Sherif Hasan, 25 June 2016, 10:08
Data for the week ended June 21. Like its of any relevance...
Market News
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Sherif Hasan, 25 June 2016, 07:45
PIMCO on the Brexit vote and what it means for BoE policy in the near and medium terms: Near term: The UK economy will be pulled lower by uncertainty We expect the Bank of England to cut the official interest rate to zero If it feels the need to do more, we expect a reintroduction of quantitative...
Banks
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Sherif Hasan, 25 June 2016, 07:43
Fallout ... geddit? (I'll get my coat) Unofficial closing levels after the biggest drop in about 10 months for US stocks (or thereabouts) S&P500 down 76.26 points (-3.6%) Dow Jones down 608.44 points (-3.38% NASDAQ down 203.39 points (-4.12%) ... biggest fall since 2011 for this one...
Market News
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Sherif Hasan, 25 June 2016, 07:38
While the Brexit vote was a shock (we attached a 40/45% probability), we are not surprised by the initial currency market reaction. Cable still remains within our forecasted one-month range between 1.3000 and 1.5000. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
Analytics & Forecasts
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Vasilii Apostolidi, 24 June 2016, 21:31 #forex
How far will the pound fall (and other currencies) SocGen sees 1.20-1.25 We continue to look for GBP/USD to trade around a 1.30-1.35 range for now (i.e. a little lower than here) and eventually, towards 1.20-1.25...
Market News
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Sherif Hasan, 24 June 2016, 20:08
The annotated GBP/USD Brexit day chart Maybe it's a early to take lessons from Brexit trading but it's tough to track down the levels and headlines years later, so here's a quick one. At the low of the day of 1.3229 in GBP/USD it was down 11.92% from the highs of 1777 pips...
Other
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Sherif Hasan, 24 June 2016, 20:04
There is one immutable rule in trade, which is: "Always stick to your stop orders." Before entering each transaction, you should know your risk tolerance threshold. This is - the best way to make sure that your losses are controlled, and you do not get too emotional in their trade...
Other
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Sherif Hasan, 24 June 2016, 19:16