From Trainee Trader, 4 months ago Similar articles
Rather then give a boring commentary of the events that have occurred in the past year I will post some stock and index charts that will tell the story for me. The charts are daily charts that I have taken from my eSignal screens. I know that technically there are still 2 trading days before christmas and the year is not over yet but I am not opening my trading platform again until 2012 so Merry Christmas and a happy New Year to all of my readers. Each chart will open larger in a new...
From K.I.S.S. Trading , yesterday, Similar articles
Der Euro befindet sich aus markttechnischer Sicht und auf Basis des Tages-Charts in einem Abwärtstrend, dessen jüngste Bewegungsphase, nahe des bisher tiefsten ?Punkt 2? zu einer Korrektur ansetzt. Mit dem Tagestief vom Freitag, verfehlte der Kurs mit lediglich 16 Pips nur knapp das bisherige Trendtief vom 16. Januar bei 1,2626 USD, um sich im weiteren Verlauf deutlich zu erholen und per Tagesschlusskurs dann einen markanten Umkehrstab zu hinterlassen. Damit endete dann auch ein...
From Top Forex News, yesterday, Similar articles
The Canadian dollar had a pretty bad week as talks about the European debt crisis plagued the Forex market, driving traders away from riskier commodity currencies.(...)Read the rest of Bad Week for Loonie in Spite of Some Good News (150 words) Posted on Forex News.
From PipStory: A Forex Trading Guide, 2 days ago, Similar articles
It is nothing new that trading in the form of money is not an easy term to understand. To explain it in the simplest of terms, trading money or rather buying currencies is similar to buying stocks or shares of a company. The value of the stock bought determines the value of the currency and the health of that country's economy. A Simple Example Suppose you buy a stock in the Japanese market, rather you buy some yens by trading your own currency. By buying a particular amount of yen, you are...
From Market Pulse FX, 3 days ago, Similar articles
This market needs to catch its breath after the selling pressure across currencies and the blood bath in equities this week. It can be rather monotonous to listen to the euphoric rants of the EUR bear. To date, it has been an unfair playing field. They have all the negative ammunition. For the bulls, it seems they have to wait for that squeeze going just a wee bit too far to the left. Risk markets, especially commodities, are very oversold after a dozen or more down days caught in a one...
From Top Forex News, 3 days ago, Similar articles
The New Zealand dollar erased its earlier gains today as the potential Greece’s exit from the eurozone continued to spoil mood of Forex market participants. The currency traded near the lowest level this year.(...)Read the rest of NZ Dollar Near This Year’s Low (92 words) Posted on Forex News.
From PipStory: A Forex Trading Guide, 4 days ago, Similar articles
Forex market has emerged as a promising business ground in the past few decades. The market exploits the fluctuations in the currency standings to make profit. The shares traded in this arena are the currencies themselves and no fixed lot size is fixed. The dealers in this market are quite experienced and can be categorized in a number of types. Types Of Brokers The forex market is managed by the brokers. These brokers are divided into two main types depending upon the type of their work....
From K.I.S.S. Trading , 5 days ago, Similar articles
Das Britische Pfund befindet sich aus markttechnischer Sicht und auf Basis des Tages-Charts in der Korrekturphase eines sekundären Aufwärtstrends zum US-Dollar. Mit dem gestrigen Handelstag erreichte die Korrektur im Tagestief schließlich ein 50% Fibonacci Level, gemessen an der jüngsten Bewegungsphase zwischen 1,5805 und 1,6300 USD und testete damit einen potentiellen Umkehrpunkt. Ein anschließender Rebound führte per ?Tagesschlusskurs' dann auch zu einem Umkehrstab und generierte damit...
From Market Pulse FX, 5 days ago, Similar articles
Investors should remember not to ignore the current economic data despite the market's obsession with events in Greece. We should be concerned with developments in the periphery countries, however, becoming stubbornly obsessed with negativity and EUR short positioning is sometimes not fruitful. These times that can end up being the most damaging to a portfolio. Being myopically obsessed can be expensive, right up there with lack of trading discipline. The current relevant US data is likely...
From Top Forex News, 5 days ago, Similar articles
The Australian dollar gained today on speculation that its previous losses were excessive. The currency trimmed gains versus the Japanese yen and fell against the US dollar as fears of the European crisis returned to Forex traders.(...)Read the rest of Australian Dollar Retreats as Fears of European Crisis Grip FX Market (164 words) Posted on Forex News.
From TorFX daily insight, 5 days ago, Similar articles
On a technical level Sterling/US Dollar seems to be heading back below 1.6000 which could pave the way to a possible bearish move towards 1.5800. Foreign Currency Market Update – GBP / USD Update The Pound to US Dollar exchange rate fell this morning as the ongoing sovereign debt crisis in Europe weakened UK Trade Balance figures. Sterling’s latest slip-up has caused the currency pair to dip below an important support level at 1.6080 and has opened the door for stronger...