To add a new post, please log in or register
Let’s step back from all this Brexit hubbub and constant focus on the pound, shall we? Having said that, the Reserve Bank of New Zealand (RBNZ) released its annual Statement of Intent (SOI) earlier. Great, but what is it and what does it have to do with the forex market, you ask...
Statistics
  • 173
Sherif Hasan, 30 June 2016, 09:51
Can you believe it’s almost July?! With almost half of the year behind us, it’s time to look back on the trading goals that you made at the beginning of the year and see if you need to make changes to your goals, trading processes, or strategies. Here are some tips to get you started! 1...
Trading Strategies
  • 109
Sherif Hasan, 30 June 2016, 09:45
Phew! It looks like forex brokers can breathe easy now that the EU referendum has come and gone. The Brexit decision did wreak some havoc across the charts but industry players are looking unshaken so far...
Statistics
  • 124
Sherif Hasan, 30 June 2016, 09:38
Following the big Brexit, EUR/USD fell but at a much lower scale in comparison to the pound. What’s going on? The team at Morgan Stanley explains: Here is their view, courtesy of eFXnews: Looking for bearish ‘quasi GBP’ trades makes sense, but focusing on EUR is wrong...
Statistics
  • 156
Sherif Hasan, 29 June 2016, 14:41
The big Brexit decision certainly has ramifications on markets even on lands far far away. Will we see rate cuts in Australia and New Zealand...
Statistics
  • 138
Sherif Hasan, 29 June 2016, 14:28
Forex trading is never a one way street. What comes down must come up, at least temporarily. And that is the big question for the pound. The third trading day following the Brexit night sees a positive trend for the pound after huge falls beforehand. GBP/USD is 200 pips off the low of 1...
Statistics
  • 132
Sherif Hasan, 28 June 2016, 20:05
ECB President Mario Draghi is speaking in the ECB conference in Sintra, Portugal. Also BOE Governor Mark Carney and Fed Chair Janet Yellen were scheduled to speak but their appearances have been cancelled. The reason is obvious: Brexit...
Statistics
  • 191
Sherif Hasan, 28 June 2016, 19:56 #ECB
EUR/USD is trading higher within the recent range of 1.0960 to 1.1070, off the post-Brexit low of 1.0905 but certainly below previous levels. This seems like necessary correction that goes hand in hand with a bounce in the value of the pound...
Statistics
  • 143
Sherif Hasan, 28 June 2016, 19:52
Following Brexit, the pound suffered quite a bit. However, today we are seeing some stabilization. Can it recover...
Statistics
  • 120
Sherif Hasan, 28 June 2016, 19:48
Article 50 of the European Treaty triggers fear among British policymakers. It seems that nobody wants to touch it with a barge pole. Will the Bregret turn into a Bremain instead of Brexit...
Statistics
  • 195
Sherif Hasan, 28 June 2016, 19:45
It was quite a surprise when the US Federal Open Market Committee released its statement following the 15 June monetary policy meeting: “…Information received since the Federal Open Market Committee met in April indicates that the pace of improvement in the labor market has slowed… …Although the...
Statistics
  • 123
Sherif Hasan, 28 June 2016, 19:44 #usdchf
The British decision to leave the EU continues sending shock-waves through financial markets with wide ranging implications. In currency markets, the biggest victim is obviously the pound, with the euro following suit...
Statistics
  • 139
Sherif Hasan, 28 June 2016, 19:39
Soothing words for markets from Osborne? That helped for a very short time and resumes its falls and is basically on its own. While there is a general “risk off” atmosphere which also weighs on the euro and commodity currencies, the fall in the value of GBP is at a higher order of magnitude...
Statistics
  • 96
Sherif Hasan, 28 June 2016, 19:36
If you’re into automatic Forex trading via Expert Advisors (EAs), that’s great! There are some advantages to building EAs to trade, like eliminating human error and being able to run years of backtesting in a couple of hours. EAs have their limitations though...
Statistics
  • 9688
  • 6
  • 6
Sanja Malaj, 28 June 2016, 11:26
Trading closed system. In each design To access each zone will use the volatility in each position in order to save the time. Some may use calculation methods with Matt or someone may be using ATR haemophilia decision to order each time, and have calculated the loss of power...
Charts
  • 182
  • 2
Pongsapak Intah, 28 June 2016, 06:14
Summary : Target Level : 1.3712 Target Period : 9 hours Analysis : Triangle has broken through the resistance line at 27-Jun-03:00 2016 GMT. Possible bullish price movement forecast for the next 9 hours towards 1.371...
Charts
  • 150
  • 1
Lahcene Ouled Moussa, 27 June 2016, 12:12
In this article, we will review and evaluate the traditional money management method in terms of the percent of our account we should be risking on each trade. Then, we will learn a money management formula that is capable of maximizing our trading system profits...
Trading Strategies
  • 2268
  • 1
Sherif Hasan, 24 June 2016, 18:57
We are one day away from the EU Referendum. It is hard to exaggerate in the importance of the event, but perhaps for the euro, it will not be that bad. Here is the view from Deutsche Bank: Here is their view, courtesy of eFXnews: 1. Brexit will likely rule out a July Fed rate hike...
Statistics
  • 161
Sherif Hasan, 22 June 2016, 19:17