June 2009 Blog Posts (7)

Euro Trade

The Euro made a huge move upwards yesterday, which created great trading opportunies for those traders that were ready when the move took place.



That is one of the most difficult points of trading which no one talks about that much and that is that the trader must be ready to pull the trigger when the trade is ready to happen. The key for me is to be in front of the charts at a certain time each day and that way I will be ready any time a trade materializes while I am trading.… Continue

Added by Casey Stubbs on June 25, 2009 at 2:31am — 1 Comment

Another lesson in Trading - Watch the Aussie this week

In a demonstration of what the Forex markets have been about lately, instant gratification, the dollar rose against the most currencies in what was seen as profit taking from the traders’ venture into risk appetite late last week.



Forex online Traders are hoping for some sign that all will be well this coming week when the US Federal reserve meets and this has hampered volume on Monday, as trading was extremely light, about 1/3rd less than what it… Continue

Added by princess Todd on June 23, 2009 at 12:39pm — No Comments

Eur/Usd Trading in a Channel

The Eur/Usd has been in a tight trading range since yesterday the pair has challenged the 1.3930 resistance level 3 times. The pair has challenged the support level of 1.3800 twice.



Watch those levels in your trading, if the resistance level of 1.3930 gets broken look for a target of 1.4100. If the support level of 1.3800 gets broken look for a target of 1.3750.



The news to watch is the unemployment claims report coming out tomorrow. If none of these levels are broken by… Continue

Added by Casey Stubbs on June 17, 2009 at 5:57pm — 1 Comment

Which Way Will it Go?

Casey Stubbs



Eur/ Usd



To answer my own question, I don't know. What do you think, I can see the future. No, only God can do that. However, I will give a good idea on how to trade it.



There was some recent news that supported Dollar Strength but we will see.



Right now there is a key support that has been tested several times in the last couple of days at 1.3976 and if we break that we could see a down move to 1.3900 where there is a previous support… Continue

Added by Casey Stubbs on June 14, 2009 at 11:27pm — 1 Comment

Why 95% of Traders Fail.

Casey Stubbs-- Winners Edge Trading



This Post is a Response to David Campbells article "As the Market turns, So are the Days of our Lives"



This article was very inspiring as it created alot of thoughts and ideas I decided I would just write an article about the article. I want to thank Dave for such good work. I also get alot of questions about time frame and from now on… Continue

Added by Casey Stubbs on June 13, 2009 at 9:22pm — 1 Comment

Iraqi Dinar Increasing However Many Challenges Ahead

By Casey Stubbs-- Winners Edge Trading



In 2003 the Iraq war threw the already troubled nation of Iraq into complete chaos. The government was overthrown and there was a complete shutdown of all economic activity. The nation was divided and there was fighting that began against the U.S. forces and fighting that began against each other as different factions could not agree which path the nation should take. As a result the currency was… Continue

Added by Casey Stubbs on June 5, 2009 at 6:26am — No Comments

Melting General Motors - Ask a Stupid Question….

So General Motors is going bankrupt after the US took a 70% stake in the company, China is concerned about the amount of money that the US is spending on its debt, North Korea is distracting the global financial community with its nuclear ambitions and the Eurozone economy is slowly creeping downward after all is said and done. What now? Well, a report in yesterdays Wall Street Journal reported that the US Treasury and Federal Reserve is puzzled over… Continue

Added by princess Todd on June 2, 2009 at 2:54pm — No Comments

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