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Forex Blog
My Forex experience and some Forex related information that might be useful to other traders

Archive

Archive of Forex blog posts for January, 2009

Dedicated Servers for MetaTrader Expert Advisors

January 8th, 2009

Trading with the MetaTrader expert advisors requires a great deal of testing and dedication. When I first began to live-test the EAs to find the one I’d finally use on the live account I’ve encountered a lot of problems and almost all these problems were connected with the uninterrupted and …

Forecast for 2009 — Currencies, Oil, Interest Rates

January 3rd, 2009

My last forecast (for the year 2008) missed the real world market action significantly. The financial crisis made a lot of the forecasts made by the analysts and traders useless but, nevertheless, I still wish to offer my vision for the next year. This is just my opinion and it shouldn’t be taken as a serious forecast or some guide for trading.

EUR/USD will go down in 2009 and will …

Forex Technical Analysis for 01/05—01/09 Week

January 3rd, 2009

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 1.3218 1.3534 1.3729 1.4045 1.4240 1.4556 1.4751
GBP/USD 1.3929 1.4142
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