admin_mm – Page 1879

November 13
2007

Will Better Budget Deficit Help USD?

U.S. dollar started its decline against other majors almost with the beginning of today’s Asian trading session. EUR/USD broke through 1.4600 level but fell from it several times. Overall trading day for EUR/USD can be described as the “highly volatile correction”. The only important (to Forex market) economical data from U.S. today is Federal budget deficit figures by U.S. Treasury. It came out […]

November 11
2007

Forex Technical Analysis for 11/1211/16 Week

EUR/USD trend: sell.GBP/USD trend: sell.USD/JPY trend: sell.EUR/JPY trend: sell. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4188 1.4316 1.4496 1.4624 1.4804 1.4932 1.5112 GBP/USD 2.0357 2.0569 2.0736 2.0948 2.1115 2.1327 2.1494 USD/JPY 104.87 107.69 109.18 112.00 113.49 116.31 117.80 EUR/JPY 155.03 158.59 160.52 164.08 […]

November 6
2007

Currency Trader Free Forex Magazine

Currency Trader is one of my favorite monthly read. It is published every month by http://www.currencytradermag.com/ website and contains many articles by professional authors. Articles vary from covering recent news topics to technical analysis matters, to fundamental macroeconomic factors. From every issue I learn a lot of important information on global economics and some interesting connections between various financial markets and Forex. For those who don’t have economic education […]

November 5
2007

New Metatrader Broker iTradeFX

I’ve added a new MetaTrder 4 Forex broker to the Forex brokers section today — iTradeFX. It’s not a new broker to the on-line market, in fact it offers trading services since 2004, but it is a new broker to my site. iTradeFX has its own trading platform — WinTrader (along with a more common MetaTrader 4), which in my opinion is much inferior to MT4, though I’m sure it is […]

November 4
2007

Carnival of Forex Trading — November 4, 2007

Welcome to the November 4, 2007 edition of Carnival of Forex trading. More general articles these time with a more detailed approach on pivot points trading and trailing stop technique. Allen Taylor presents Doubling Stocks With A Small Bankroll posted at Investing World Today, saying, “Successful traders know that you should never risk more than a small fraction, like maybe 5%, of your bankroll at any given […]

November 3
2007

Forex Technical Analysis for 11/05-11/09 Week

EUR/USD trend: sell.GBP/USD trend: sell.USD/JPY trend: buy.EUR/JPY trend: hold. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4255 1.4315 1.4409 1.4469 1.4563 1.4623 1.4717 GBP/USD 2.0273 2.0401 2.0647 2.0775 2.1021 2.1149 2.1395 USD/JPY 112.02 113.02 113.93 114.93 115.84 116.84 117.75 EUR/JPY 161.88 163.08 164.86 166.06 […]

November 2
2007

New Work Places Sink Dollar

For some strange reasons good data on October nonfarm payrolls which came out today had a very bad impact on dollar’s pricing against major currencies. With 1.4524 on EUR/USD greenback fell down to its new historical minimums as with Canadian dollar — USD is now worth only 0.9326 CAD. Monthly nonfarm payrolls is one of the most looked at health barometers for U.S. economy. With a very weak […]

October 31
2007

eToro Forex Innovation

Making something new in world of the retail on-line Forex services is a great job, hardly accomplished by Forex brokers today. eToro is a new kind of broker that brings innovative ideas to Forex trading via Internet. Aiming on the novice traders (like some other brokers — Pip Forex and Marketiva) it offers a very simple, yet interesting approach to buy and sell currencies. eToro developed its unique platform with […]

October 31
2007

Fed Sees No Major Problems in U.S. Economy

Today is a very important day for the financial traders from all over the world — Fed is to decide its interest rate policy until the next meeting (if not further). While almost 92% of all traders expected rate cut by 25 basis points — to 4.50% — the main intrigue was concealed in Fed’s formulation and reasons for the cut (or its absence in case they would decide to leave things as they were). With […]

October 30
2007

Trade Your Way to Financial Freedom E-Book

Another great e-book was added to my site today — it is “Trade Your Way to Financial Freedom” by Van K. Tharp. Too bad it is a rather poor quality scan. Nonetheless it is a very important book for all financial traders. And, in my opinion, it is especially important to Forex traders. Because it has so wonderful section about position sizing and money management which is […]

Author: admin_mm