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Every trading system is a complex object with a lot of rules. All Forex systems should consist of the entry and exit rules, define the market (instrument) they are designed for and state some position sizing (money management) strategy. Most traders I know give the highest priority to the entry rules of the system, pay …

EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.

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EUR/USD sharply advanced after today’s US nonfarm payrolls but soon tumbled even more sharply, yet quickly resumed its upward movement. One more reason for the Fed to perform quantitative easing and no reasons for the dollar to stop falling. EUR/USD trades currently near 1.3947 after it jumped …

EUR/USD currency pair slumped after today’s report showed that number of US jobless claims decreased more than expected, but later resumed its previous advance. The main reason for the dollar’s weakness is outlook for additional stimulus by the Federal Reserve. EUR/USD currently trades at 1.3921 after jumping to 1.4027, …

EUR/USD was falling today, but gained after a report showed an employment figure, which was worse than expected. The dollar is also weakened by talks about possible quantitative easing. EUR/USD trades now near 1.3878 after it fell to the intraday low of 1.3801.

ADP employment rate decreased …

The euro fell versus the dollar today after a strong rally last week. The currency slowed its declined for now, but trades way below its last week’s highs and today’s opening level. Concerns for Europe’s economy should be a main reason for this decline as there was not much data …

ATC 2010 has started today. It will last until December 24. 314 expert advisors compete for the first $80,000 prize fund. Currently (after only 12 hours from the start) the top 10 is dominated by the extremely aggressive EAs with the best one of them showing almost …

RoboForex is a new Forex broker that has been listed on EarnForex.com today. The company is based in New Zealand but isn’t yet regulated by their financial authorities. They offer quite nice conditions for trading currencies, CFDs, securities, commodities and indexes. Accounts can be opened with …

EUR/USD trend: buy.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: buy.
GBP/JPY trend: sell.

…

EUR/USD extended its rally today as outlook for Europe’s economy improves and talks about quantitative easing in the US persist. Today’s reports make one question necessity of additional stimulus as data was better than analysts predicted. EUR/USD trades now at 1.3753.

Personal income and spending grew in August. Personal income …