Following the trend is an accepted way of making money from trading. Trends persist and ... trend changes. It is at these turning points where we can trade with the best risk / rewards. Spotting them is easy when you know what to look for. ...

forum topic - azka - 2009-02-19 05:57 - 0 comments

... low vs yen By Kaori Kaneko TOKYO, May 14 (Reuters) - The yen and dollar held near some of their strongest levels this week on ... hit its lowest in two weeks at 128.87 yen but later in the day it was up 0.1 percent on the day at 129.69 yen . The liquidation of long ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

Today the calendar is almost empty from important economic reports out of US and the only news we had was the inflation report of BOE and speech by King. The ... before, now the pair seem to be making 150-200 pips a day! Many traders and analysts are talking about parity in the pair and if UK ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... their attention in today’s data which may determine the market outlook for now. After yesterdays 50 pbs cut from ECB and a hefty ... their fall with DOW JONES down almost 400 points and NIKEI the same. Today the main event investors are anticipating is the payroll data ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

The truth about Fibonacci levels is that they are useful (like all trading indicators). They do not work as a standalone system of trading and they are certainly not the “holy grail”, but can be a very effective component of your trading ...

forum topic - azka - 2009-03-26 03:04 - 0 comments

Today the economic calendar is almost empty, with only important events being PPI out of UK in the morning and later a testimony by Trichet in front of the European Parliament regarding the economic crisis and the monetary policy. ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

A stock buyback is not the golden ticket to easy stock market profits but it does indicate a favorable ... been shown to reduce volatility and increase returns in the long term compared to large cap market indexes like the S&P 500. Stock buybacks have been increasing in frequency ...

forum topic - azka - 2009-01-23 11:00 - 0 comments

The initial crash this morning could be blamed on the the fact that Paulson says they are not going forward with plans to bailout ... as a good thing. I disagree. In fact, I think the whole day spells trouble for stocks. I would suggest that big moves like these ...

forum topic - azka - 2008-12-04 03:27 - 0 comments

The EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and also 1.36. Now it is trading above 1.37 and it looks like 1.38 Mobile Price Alert is the next target! The whole move is happening very fast and it makes one wonder ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

... not find any simple description of how to enter and exit a trade. I call these rules The Master Plan. Over the years, thousands of investors have used my Master ...

forum topic - azka - 2009-02-19 04:23 - 0 comments

... trading has a long history and can be traced back to the ancient Middle East and Middle Ages when foreign exchange started to take ... exchange and the British pound served as the currency to trade and to keep as a reserve currency. Because in the old times foreign ...

forum topic - azka - 2009-02-18 01:23 - 0 comments

... have done their bit in producing literature about the mechanics of foreign exchange markets and the theories underpinning them. But relatively little is written on ...

forum topic - azka - 2009-02-17 06:28 - 0 comments

GBPUSD Outlook The Sterling slumped against Greenback yesterday. The pair bottomed at 1.4830 and closed at 1.4853. From a longer term of view ... R1= 1.1925 * R2= 1.1977 * R3= 1.2060 Have a great day ! By FxInstructor ...

forum topic - azka - 2008-12-04 03:28 - 0 comments

While lower prices in the S&P 500 will certainly inflict more pain to the ‘long only’ equity crowd, it will continue to offer good insights on how to play the FX market as most major pairs are very correlated with the S&P 500 ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

U.S. Treasury Secretary Henry Paulson's announcement that the Treasury would no longer consider using TARP (Troubled Asset Relief ... (GOOG) on top of that, you have the makings for a terrible day in the stock market. The Dow Jones Industrial Average fell 411 points ...

forum topic - azka - 2008-12-04 03:31 - 0 comments