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Day: April 1, 2014
April 12014
Using Moon Calendar to Trade Forex
I have always been skeptical about astrology, especially when applied to such a complex and important concept as currency trading decisions. But even the most skeptical person can change his mind when approached with hard evidence in a form of pips that can be drawn from following the phases of our natural satellite. Who would have thought that getting full moon dates from a calendar and selling EUR/JPY […]
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April 12014
EUR/USD Higher as German Data Damps ECB Stimulus Bets
EUR/USD ticked higher today, rising for the third straight trading session, as a report showed that German unemployment fell more than was expected. (Event A on the chart.) There were other good economic reports from Europe too, leading to speculations that the European Central Bank will refrain from expanding its stimulus program during the policy meeting on April 3. Meanwhile, data from the United States was mostly […]
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