Serving Traders Since 2005
A new Forex article was added to my collection today. Hearing another success story of the Forex trader might as old to some people, as motivating to others. I think this one will be at least useful to many Forex traders. Experienced and professional Forex traders can say that part time Forex …
A new Forex strategy e-book now can be downloaded from my site — this time it’s about many (really a lot) powerful short term strategies and the basic rules of trading Forex using such strategies. It even has a chapter on Wolfe Waves — one of my best trading method for Forex …
FXcast Forex broker announced a Forex traders competition which will be held on real accounts from the 1st till 30th of November with the best trader to receive $5,000 prize. Minimum account size for the competition is not high — just $250, but that will surely add more adrenaline …
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
EUR/JPY trend: hold.
| Floor Pivot Points: | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3823 | 1.3919 | 1.4048 | 1.4144 | 1.4273 | 1.4369 | 1.4498 |
| GBP/USD | 2.0012 | 2.0128 | |||||
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After yesterday’s EUR/USD high peaks dollar is showing a good trend today moving the EUR/USD pair back to below 1.4200 levels hitting bottom 1.4150 mark. That of course can be considered as an ongoing correction for the previous weeks growth of Euro, especially considering that there were too few …
A significantly improved trade balance of the United States was reported today with the value of -$57.6B ($1.6B improvement from previous month). While narrowing trade balance deficit is a good news for the whole U.S. economy a reaction on this news wasn’t very good on the currency market. Dollar stopped its strengthening …
FXcast Forex broker now offers e-currency exchange services to its customers. They offer almost free exchange of e-gold to WebMoney or Liberty Reserve. This service is done with the low 2.7% commission which is fully compensated after the trader close a specific amount …
Recently I’ve asked management from FXOpen to answer several questions in a format of an interview to get more information on this fast developing on-line Forex broker. Denis P., FXOpen Head Manager, agreed to answer these questions and now I can present them to you. They are an on-line Forex broker which …
Dollar continues its volatile market dance with Euro currency undecided whether to go south back to 1.4000 or break through to 1.4500. Recent bad fundamental news made positive effect on dollar, most probably because of financial institutions cashing out of stock markets. But today this “bad news — …
Welcome to the October 4, 2007 edition of carnival of Forex trading. Only three quality Forex trading articles this time — definitely not too many. But they all are worth reading. No useless talking, but an interesting reading.
Thomas Ott presents A Review Of My Forex Trading posted at …
