Blog – Page 290

February 3
2009

5/13/62 Forex Trading Strategy by Rob Booker

The short Forex ebook that was uploaded on my site today is 5/13/62 strategy description written by one of the most famous Forex gurus of our time — Rob Booker. The strategy is based on the three EMAs (exponential moving averages) with periods — 5, 13 and 62. The first half of the book is dedicated to the self-disciple and Rob states that its the basement of the offered strategy — without the safe-discipline […]

February 2
2009

EUR/USD Rises as Manufacturing ISM Grows

EUR/USD advanced today after the weekly opening gap and even rose above the Fridays close level. Some of the fundamental reports in U.S. were slightly better than the traders have expected, so the currency markets reacted with the growing high-yielders. EUR/USD is currently trading near 1.2838. Personal income decreased by 0.2% in December after falling by 0.4% in November. Personal spending declined by 1% in December following […]

February 1
2009

18 Trading Champions Share Their Keys to Top Trading Profits

New ebook was added to the traders library on my site today — its 18 Trading Champions Share Their Keys to Top Trading Profits by FWN (Financial World News). The book offers 18 success stories of the famous professional traders of the 20th century. The list of the eighteen includes such well known-traders as Tom DeMark, Cynthia Kase, Linda Bradford Raschke and Larry Williams. Each of the success stories is concluded […]

January 31
2009

Forex Technical Analysis for 02/02—02/06 Week

EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2042 1.2403 1.2607 1.2968 1.3172 1.3533 1.3737 GBP/USD 1.2882 1.3214 1.3877 1.4209 1.4872 1.5204 1.5867 USD/JPY 86.03 87.14 88.52 89.63 91.01 92.12 93.50 EUR/JPY 106.98 […]

January 30
2009

Dollar Continues to Gain as GDP Falls in 4th Quarter

EUR/USD continued to fall today for the fourth straight day as the advance GDP report for the fourth quarter showed a considerable decline of the economic output in U.S. The currency pair is currently trading near 1.2795. GDP (advance) in the Q4 of 2008 decreased at an annual rate of 3.8%. The decline followed 0.5% contraction in the third quarter, but was significantly below the estimated 5.4% drop. Chicago […]

January 29
2009

EUR/USD Falls Steadily as Economic Conditions Worsen in U.S.

EUR/USD posted a rather deep decline today after showing some weak drops during the previous two days. The U. S. macroeconomic reports from the employment, industrial and housing sectors were all negative today. EUR/USD is now trading near 1.2976 after opening at 1.3150. Durable goods orders decreased by 2.6%, while the consensus forecast for the decline was at 2%. More than that, […]

January 28
2009

EUR/USD Tumbles after FOMC Meeting

EUR/USD showed some really promising growth earlier today. The optimistic mood at the financial markets was based on the FOMC meetings expectations and the expectations that the «bad bank» plan will be approved soon. The Federal Reserve meeting showed that the committee is still sees the U.S. economic conditions as deteriorating. EUR/USD is currently down to 1.3125 — down from 1.3225 level. where it traded right […]

January 27
2009

TeleTRADE — Russian Forex and CFD Broker

TeleTRADE is a very old Forex broker company. Its quite popular in the ex-USSR territories due to the large amount of the off-line offices and the free trading seminars they are offering from time to time. The company was created back in 1994, but the on-line services were presented in 2001. Actually, the companys age is probably its only advantage. The trading is done via MetaTrader 4 platform. […]

January 26
2009

EUR/USD Posts Biggest Daily Gain This Year

Today EUR/USD rose at a fastest pace since December 17. As the fundamental data reports were very positive in the United States, traders thought that it might be a good chance to bet against the dollar in the favor of the more risky and high-yielding currencies. EUR/USD rose from 1.2916 to 1.3141 as of now. Existing home sales rose by 6.5% from the annual rate of 4.45 million to 4.74 million in December. The market analysts expected a decline to 4.4 million. That can bring a much needed positive […]

January 25
2009

CGTIM Another Jordanian MT4 Forex Broker

CGTIM (or Commercial Group for Trading in International Markets) is a MetaTrader 4 Forex broker based in Jordan. As the other Jordanian brokers it offers Muslim-friendly trading accounts — with no overnight interest or swaps. Trading with this broker can be started with $1,000 for mini-Forex accounts. The deposit/withdrawal methods are limited to wire transfer, check and credit cards. Apart from Forex it offers CFD and some futures and indexes […]