BostonFXtrader / Profile

I believe persistant problems in the housing / credit markets and their impact on global economic growth will continue to cause volatility in the FOREX Market over the near term. It may take some time for these current persistant issues plaguing the

With the USD still looking pretty strong, I began to look at past moves of this magnitude to see where this move could end, and where we can gain from the pullback. I found a few similar moves in the past couple of years and I calculated to see where

WOW, I am pretty floored by this US Dollar rally. It is about time that the world finally is realizing that all the major economies are not doing any better than the US. We feel that this US rally is way overdue and we have been talking about it in

Sometimes, Traders can make really good calls and others times they are just lucky. The Sterling Dollar trade was a little of both. We recommended to SHORT GBP / USD at 2.0020 on the 23rd of July. Our inital TAKE PROFIT was at 1.9700, which was moved

The current Forex market has been somewhat choppy as of late. The US Dollar has been trying to find support and gain some ground against the other major pairs. Below is a review of the past week along with an update and a FOREX TV interview from

On 7/14/08, we recommended to SHORT AUD/ USD at 0.9735. Currently, we are trading at 0.9435 and have 300 pips on this particular trade. We mentioned before that this currency pair pays heavy swaps daily and we would most likely take the trade off

Lately the Foreign Exchange market has made a roller coaster ride seem boring. Currency pairs stay in 5 hour quiet lulls, and then either blast off, or drops off a cliff. Economic news, commodity prices, or Central Banker jawboning may cause prices

The week of July 4th has already brought early some fireworks to the foreign exchange market . The finale on July 3rd should be amazing. So far this week, the major currency pairs have been in a big figure range and a break out will be inevitable