"...while Europeans no longer fear foreign armies, they are starting to fear foreign bondholders. Europe's existence as a "lifestyle superpower' has depended on an ample supply of credit..."
– Gideon Rachman, Financial Times
"...this is just another example of a short-term, leveraged solution, that merely adds to the burden of future problems..."
– Marc Ostwald, Monument Securities
I know the perfect gift for Angela Merkel (Chancellor of…Continue
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Hi and happy beginning of the week. I found this article and I will like to share it with you, I think is a common mistake that make people lose money and opportunities. As always please visit our web page at www.fx-megaforex.com and remember you can ask for the extract of the ebook Forex Trading Strategies when you subscribe to our mailing list. Go to…Continue
Added by Maria Galindo on May 10, 2010 at 9:22pm — No Comments
As you can see on the graphic the usd/jpy had break below the pivot at 94.00 and has break below the 2 supports (93.35 & 93) and now is in the 91.77 level. These is because the jpy as the us dollar are the 2 favorite currencies for investors when the market is uncertain and risky. If the pair goes up and break above the pivot the next resistance is at 94.30 & 94.60, but the pair is under pressure and the RSI is capped by a…Continue
Added by Maria Galindo on May 6, 2010 at 9:02pm — No Comments
It seems these days all the people are talking about is the financial situation of the Euro zone. There is nothing more important than that. First was Greece, yesterday was Spain and today Portugal. It seems the Euro is falling taking the markets to a great volatility and without any clear direction. Many factors are playing an important role in these situation:
*JPY banks closed since sunday until tuesday.
*The strong rumors about the Euro zone.
Added by Maria Galindo on May 5, 2010 at 9:03pm — No Comments
Added by Michael Markarian on May 5, 2010 at 12:19am — No Comments
The Euro is going down because the rescue plan for Greece have left more doubts than solutions, so the investors are not ready to give the Euro another chance. You can see the deadly questions that are killing the euro at http://www.fx-megaforex.com/pips911.htm .
The pivot is at 1.3130 an as you can see in the graphic it…
Added by Maria Galindo on May 4, 2010 at 9:11pm — No Comments
The usd/chf is expected to rebound, as you can see in the graphic it break above the pivot (1.0815) and its reaching the second resistance at 1.09. At the momento is at 1.086 level, so it seems the rebound will continue. If it breaks below the pivot it has 2 supports at 1.078 and 1.0725.. The pair is trying to break the…Continue
Added by Maria Galindo on May 3, 2010 at 8:49pm — No Comments
Today, I actually feel like someone, not an important someone yet but getting there.
I've just had my 2nd article posted on Winner's Edge Trading. A blog, if you will, added to by clever people who've been trading a lot longer than I have, and which I've been following, finding profit in their advice. Using my own techniques but…Continue
Added by YankeeClipper on May 2, 2010 at 1:30pm — No Comments
You are gonna love this e-book just like i did. An inspirational story for every beginner and broke trader. If you have ever lost money in
forex, don't worry, you are not alone.
In fact i did too. But you can comeback when you have the right
knowledge. The right discipline. This e-book will give you what it takes
to be a successful and profitable trader.…
Added by Waqas Ali on May 2, 2010 at 5:45am — No Comments
I hope everyone enjoys the 3 day weekend... I know I will. Going out at the moment to revel in the bar staffs pain at not having the time off...
~insert your most evil laff here~
Added by YankeeClipper on May 1, 2010 at 6:30pm — No Comments