The Euro rose in the previous European session as Greece's bond buyback plan increased hopes that the indebted country would be able to reduce its debts by 2020. The US dollar declined on the other hand as US lawmakers could not seem to agree on the measures to avert the so-called fiscal cliff. In today's European trades, the single currency is anticipated to extend gains versus the Greenback supported by positive news coming from Spain and China.
Added by Amber Penton on December 4, 2012 at 10:04am — No Comments
The Euro rose in the previous European trading exchanges after the approval by the German parliament of a deal that aims to trim down Greece's debt load. With optimism that the European leaders are working together to stem the debt crisis, the Great British pound declined as demand for its safety weakened. In today's European exchanges, the single currency is set to advance versus the Pound, although gains are likely to be limited.
Last week, a major obstacle was…
Added by Amber Penton on December 3, 2012 at 9:45am — No Comments
We are seeing an improved risk sentiment creep back into the market and evidence of this can be seen in the moves in the Swiss Franc to start the week. The CHF is broadly lower against the majors and this is being influenced further by weekend rumors that the Swiss National Bank is prepared to enact a temporary peg to the Euro. Apparently, no news is good news as markets are responding favorably to the fact that we are not seeing any negative headlines of major significance. There is not…Continue
Added by Henry Daniels on August 15, 2011 at 1:12pm — No Comments
Risk assets rallied yesterday but have given back some of the gains as volumes and volatility leveled off overnight. Activity during the European session will give the best indication for how the week will close after positive macro data from the region brought some buyers back into the European banking stocks.
The main headlines came with US weekly jobless claims, which dropped to 395,000 for the week and the ban on short selling banking stocks enacted in France, Italy and Spain. …Continue
Added by Henry Daniels on August 12, 2011 at 2:30pm — No Comments
These are obviously exceptional times in trading the foreign exchange markets. As we all have heard the different yet negative bottom line scenarios from the Earthquake Disaster in Japan; how investors reacted to the price fluctuation of the USDJPY, the Sovereign debt crisis in Europe with Greece, Italy and Spain; with the ECB previous rate decisions to purchasing Government Bonds to ease the contagion effects on the EURUSD. And now with the S&P's downgrade for the US have left almost…Continue
Added by Megatrade101 on August 9, 2011 at 7:54pm — No Comments
Update: As of Aug 09
GBP Industrial Production (YoY)for June resulted to a -0.3% compared to a 0.2% which was the catalyst for the GBPUSD to move lower ahead of the FOMC report. Which most analyst have been anticipating that the Federal Reserve would be able to address the reation to the market's confusion and lack of confidence that also made the sticks to recover from the past days decline. Although, the Industrial production is significant as a short term indicator of the strength…Continue
Added by Megatrade101 on August 9, 2011 at 7:49pm — No Comments
The macro data released during the Asian session overnight was seen broadly missing market expectations, and the result was that risk assets were lower across the board, but equity prices faired better than the others. If this type of activity continues, and we see growth concerns, expect assets like Gold and the Dollar to rally. The Asian data releases came in the form of the Japanese Tankan survey and the Chinese PMI, which dropped to 50.9, the (its lowest level since first quarter…Continue
Added by Henry Daniels on July 2, 2011 at 6:53pm — No Comments
Stop-losses can be your best friend, or your worst enemy. Used incorrectly, they’ll ensure that you get stopped out on a spike, just before watching a trade move in your favour. This aspect of risk management is critically important. It is my opinion that traders should plan their trades well, and determine stop placement before actually entering the trades. This ensures fill participation in acknowledging, and accepting potential loss on the trade, and by…Continue
Added by Henry Jorlando on February 22, 2011 at 6:01am — No Comments
With a moderate economic calendar schedule lined-up for the week after a holiday; with the FED Charles Plosser speaking on monetary policies, UK Consumer and Retail Price Index, jobless claims and the US housing starts figures including existing home sales and again jobless claims would be neutral to…Continue
Added by Megatrade101 on January 19, 2011 at 10:00am — No Comments
How will you trade Forex in 2011?
Added by Pierre Pienaar on December 6, 2010 at 11:30am — No Comments
Tight spreads between bid / ask can be summarized as competitive pricing especially when it involves a fifth decimal price movement. This is more to the advantage of the average term traders who values each point whenever the leverage amount is substantially high.this is where interbank traders…Continue
Added by Megatrade101 on December 2, 2010 at 9:00pm — No Comments
Enhanced Fibonacci Analysis101-EUR, GBP, EURGBP cross-rates
Trend Following our market view analysis of the Forex Majors and cross rates as interpreted by JS T Alexander of MegaTrade101.com…Continue
Added by Megatrade101 on November 18, 2010 at 7:00pm — No Comments
Megatrade101 - the art of trading
MegaTrade101 aims to provide a comprehensive trading guide for traders and investors in the Foreign Currency Market. With a more accurate trading analysis through an 'enhanced FIBONACCI Approach' and using…Continue
Added by Megatrade101 on November 10, 2010 at 4:30pm — No Comments
Risk & Money Management
Hi, this is María. Today I want to share with you information about the last chapter…
Added by Maria Galindo on July 27, 2010 at 8:16pm — No Comments
Hi, this is María today I want to share with you some question many trader ask me every time, How much risk is allow?
Well, let me answer there is a rule about 5%. The 5% rule pertains to the TOTAL amount of the account balance at risk at any one time regardless of the number of trades open. So, if you have one trade open, 5% is the maximum allowable risk. If you have two trades and the risk is divided equally between the two, it would 2.5% per trade...and so…Continue
Added by Maria Galindo on June 22, 2010 at 8:10pm — No Comments
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Get a Forex Book That is Capable of…Continue
Added by Maria Galindo on May 27, 2010 at 8:45pm — No Comments
Hi I hope this day is full of energy and light and all your dreams are coming true. If you need analysis and learn about the latest economic news please visit Pips911, www.fx-megaforex.com/pips911.htm. Today I want to share with you some insights about how to manage risk I hope it will help you. You can have more information and strategies in manage risk and money in Forex Trading Strategies get it at…Continue
Added by Maria Galindo on May 19, 2010 at 9:49pm — No Comments
Divisa Capital Group announces the release of the Currenex MetaTrader4 Bridge providing connectivity between the popular MetaTrader4 (“MT4”) trading platform and the market leading Currenex trading system.…
Added by Michael Markarian on February 20, 2010 at 10:30pm — No Comments