The goal of investing in the forex market is to make a profit. However, what you must remember is that most traders do not make a profit, most traders lose money. You don't want to be one of those losing traders, do you? Than read this article and follow what I am sharing and you can avoid being one of the many statistics of the forex market. Trading has the potential to bring great profits but there is also the potential to bring great losses. Most traders get lost in dreaming on how they are… Continue
Added by Casey Stubbs on May 4, 2009 at 5:35am —
The Icelandic crown rallied sharply against the euro on Tuesday after the central bank said Russia would provide Iceland with a loan of 4 billion euros. The crown had dropped 35 percent to record lows earlier on Tuesday on top of losses of 30 percent on Monday on worries about a full-blown financial crisis in Iceland. It recovered all of Tuesday's losses and more to rise to 220 per euro by 0851 GMT, up 4 percent from the previous close, according to Reuters Dealing data.
Earlier this… Continue
Added by Ace Pechulis on May 1, 2009 at 9:19pm —
Added by Ace Pechulis on April 28, 2009 at 7:00am —
Added by Ace Pechulis on April 27, 2009 at 8:02am —
EURUSD is slicing lower on the new bout of risk aversion to open the week and ahead of a possibly dovish Trichet on Thursday. Online forex
sees a key level comes in just above 1.3100, the 100-day moving average (not an important MA recently, but was very influential in recent years), and also the 50% retracement level for the recent rally to north of 1.3700. Below that, the psychologically important 1.3000 level looms.…
Added by princess Todd on April 9, 2009 at 12:30pm —
So the G20 was a bust - but at least they got a nice picture and some talking points out of it. President Obama came to England with an agenda; the idea was to garner support for a massive global stimulus bill that would involve all the major nations in an effort to fund the ailing banks and businesses of the world. Then problem was that the rest of the G20 - we will call them the G18 for these purposes as the UK was on board, were not… Continue
Added by princess Todd on April 9, 2009 at 12:00pm —
Casey Stubbs-Winners Edge Trading
The Eur has been been moving sideways of late we will see if the pair moves back to challenge the earlier highs set.
Here are the daily resistance and support levels.
Sup 2 1.3113
Sup 1 1.3174
Res 1 1.3343
Res 2 1.3592
Check the lower trend line on the chart if that gets broken to the downside we could see more… Continue
Added by Casey Stubbs on April 1, 2009 at 4:51pm —
The financial crisis explained in simple terms...Heidi is the proprietor of a bar in Berlin. In order to increase sales,she decides to allow her loyal customers - most of whom are unemployedalcoholics - to drink now but pay later. She keeps track of the drinksconsumed on a ledger (thereby granting the customers loans).Word gets around and as a result increasing numbers of customers floodinto Heidi's bar.Taking advantage of her customers' freedom from… Continue
Added by Joshua on March 31, 2009 at 1:08am —
Added by Jamal Mirdad on March 29, 2009 at 7:31pm —
Casey Stubbs -- Winners Edge Trading
8:30 am Est
This morning the news to watch is new home sales. If the number is better than expected we could see a move in the Euro or if the number is worse than expected I think the Dollar could move higher. This is because of risk aversion and traders putting money in the Dollar because it is viewed as a safe haven.
The key support level to watch in this mornings trading is 1.3414… Continue
Added by Casey Stubbs on March 25, 2009 at 3:48pm —
Casey Stubbs-- Winners Edge Trading
is currently at 1.3541 and is looking to challenge the resistance level of 1.3649 the pair just challenged the support level of 1.2500 and if that lower level breaks we could see a target of 1.3423.
The Euro (EUR) was mixed as profit taking hampered further gains and the market asked questions about the next move the ECB will make. Both cutting rates or QE from the ECB… Continue
Added by Casey Stubbs on March 24, 2009 at 5:58pm —
The Dollar seemed to be holding its own until the US government began unveiling their spending plans. The chart below shows a direct correlation between the various spending bills and their effect on the value of the Dollar against the Euro. To think this is coincidence, one only needs to look at the USD versus every major currency and a similar pattern will be revealed. IN the past 30 days, the Dollar has lost over 7% to the Euro – a staggering number. And many are predicting that this could… Continue
Added by princess Todd on March 24, 2009 at 12:00pm —
The Heritage Foundation
FRIDAY, MAR 13, 2009
Geithner in Wonderland
When President Barack Obama introduced Sen. Judd Gregg (R-NH) as his nominee for Commerce Secretary, Obama said of Gregg: “He shares my deep-seated commitment to guaranteeing that our children inherit a future they can afford.” After yesterday’s Senate Budget Committee hearing, we now know why Gregg eventually decided he could not in good faith join the Administration. Referring to the… Continue
Added by Joshua on March 24, 2009 at 6:42am —
Casey Stubbs-- Winners Edge Trading
This past week was a wild ride for the Eur/Usd as the pair had more price action last week than we have seen for some time. This week ended with Euro gains for the third consecutive week.
Will the Euro continue to move against the Dollar this week?
Their are several factors to consider to help us see what is happening with this currency pair. The first factor is that despite the… Continue
Added by Casey Stubbs on March 21, 2009 at 9:48pm —
The Federal Reserve has done it now. In poker terms, it’s gone “all in.”
Specifically, the Fed said this week that it will ramp up its purchases of Fannie Mae and Freddie Mac Mortgage Backed Securities (MBS) from $500 billion to a whopping $1.25 TRILLION in the coming months. The Fed is also going to double its purchases of Fannie Mae, Freddie Mac, and Federal Home Loan Bank bonds to $200 billion from $100 billion.
And for the icing on the cake …
The Fed will… Continue
Added by Casey Stubbs on March 21, 2009 at 5:56am —
Have you been informed about FAP TURBO? If not then please allow me to explain about this Auto Pilot. It is very difficult to make profit everyday and every time we trade. Sometime we also face losses and sometime profit. What would happen if we sit idle and a robot trade for us and bring profit every time. It is possible now. Somebody have already invented this for us. Yes, I am talking about FAP TURBO. It’s a forex-trading Robot. You can check it out… Continue
Added by Durlov Charan Chakravarty on March 16, 2009 at 3:30pm —
Friday saw brokers trading
the US Dollar bring it down against the Euro, The British Pound, the Australian and New Zealand Dollars and the Swiss Franc. The drops came after a dismal US jobs report had shown that in January there were roughly 600,000 new applicants for unemployment insurance, a 34 year high, bringing the total number of unemployed since the recession began last February, to 3.8 Million. The US unemployment rate now… Continue
Added by princess Todd on February 10, 2009 at 12:20pm —
Have you ever heard that a change is as good as a rest? Have you noticed that you can get more done after having an extra day off, i.e. a vacation or holiday?
There was a study done with some men that were unloading heavy objects from railroad cars. The first group would unload one item then go right back and start on another item. In an 8 hour shift each man could unload 12 items. The other group would unload an item then sit down and take a 15-minute break before starting on the… Continue
Added by Jed Norwood on February 6, 2009 at 9:30am —
5 things you must have in order to be a Forex Trader.
You must have a trading plan
--The old saying if you don't have a plan then you are planning to fail is true. This is necessary for success in any goal you have in life not just trading. Make the decision today to be successful and make a plan. If you are trading without a plan stop get a plan then continue. You can learn more about trading plans in this… Continue
Added by Casey Stubbs on February 5, 2009 at 8:30am —
Yesterday I had an interesting day.
My report was cautious on the Euro and Swissie but I saw a bullish Pound and also Aussie Dollar, Dollar-Canada topping out just above 1.25 and a neutral to bearish Dollar-Yen. Overall a good day’s work.
As you know I published the Euro analysis as the daily free analysis:
Bias: I feel some care needs to be take today with momentum signals and structure conflicting
Losses pushed directly lower to the 1.2705 low. The pullback has… Continue
Added by Ian Copsey on February 4, 2009 at 11:28am —