Blog – Page 309

June 8
2008

GDI Markets Another Broker from U.K.

Today I added another British Forex broker to the list on my site GDI Markets. It offers Forex, CFDs, Futures and Stocks trading services through a single trading platform. The platform itself isnt very interesting or special, but it does its work and can be handy for multi-market traders. One serious disadvantage this broker has is that it charges commission fees for each order below a certain threshold […]

June 7
2008

Forex Technical Analysis for 06/09—06/13 Week

EUR/USD trend: buy. GBP/USD trend: hold. USD/JPY trend: hold. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5090 1.5228 1.5502 1.5640 1.5914 1.6052 1.6326 GBP/USD 1.9212 1.9336 1.9522 1.9646 1.9832 1.9956 2.0142 USD/JPY 101.17 102.52 103.72 105.07 106.27 107.62 108.82 EUR/JPY 158.36 […]

June 6
2008

Dollar Deeps Further on Uneployment Rapid Growth

The U. S. dollar dropped down today against as the unemployment rate soared in the U. S. Yesterday EUR/USD gained from the hawkish statement by Jean-Claude Trichet (he said that he will probably raise the interest rates on ECBs next meeting), today it grows because of the poor U.S. fundamentals. Nonfarm payrolls decreased by 49,000 in May below the expected 60,000 dropdown, but above the revised April 28,000 loss in the jobs. […]

June 5
2008

NordMarkets — Swedish Broker with Low Spreads

NordMarkets is a new Swedish Forex broker that has a wide variety of trading account types starting with mini and ending with the big institutional accounts. For the mini Forex accounts the trading conditions are not very interesting $1,000 account minimum (deposits only via wire transfer and credit card), 0.1 standard lot position sizes and 3-4 pips spreads. Basically the larger is your […]

June 4
2008

Dollar Tries to Keep Yesterday Gains

Dollar is still trying to hold its yesterday gains against euro, as it can benefit from the fundamental indicators released today in U.S. EUR/USD rose only from 1.5433 to 1.5449 today after losing more than 100 pips yesterday. Productivity in the nonfarm business sector grew at 2.6% annually and seasonally adjusted rate in the first quarter of 2008 slightly better than the preliminary estimate (2.5%). ISM services (non-manufacturing) […]

June 3
2008

NobleTrading Broker Full of Services

I updated the broker list on my site with a new Forex broker today NobleTrading. It started offering its services on-line in 2006. NobleTrading offers 3 different platforms 1 web-based and 2 two stand-alone with a variety of trading tools built in them. Apart from Forex you can trade stocks, options and futures with NobleTrading this makes it different from many other similar brokers. Its also regulated by NFA and […]

June 2
2008

Profitunity Study Manual by Bill Williams and Justine Gregory Williams

A new Forex related ebook is now available for download Profitunity Study Manual. If you are still unfamiliar with Bill Williams theory of the chaos trading, this ebook will help you to understand the most important aspects of this theory and learn completely new ways of market analysis. Profitunity trading was developed by Bill Williams to make a new alternative to a prevailing static theory of the market analysis and now it serves as an advanced way […]

June 2
2008

U.S. Economy is Improving

EUR/USD fell by more than 60 pips today as the fundamental reports from U.S. signaled that the economy is improving there. Construction spending was expected to fall by 0.6% in April; instead it was down only 0.4% after 1.1% drop in March. ISM report on manufacturing sector of the economy showed that the PMI (purchase manager index) grew up from 48.6 in April to 49.6 in May. A drop to 48.0 was expected by the market […]

June 1
2008

Carnival of Forex Trading — June 1, 2008

Landy Trapper presents Low Cost Options Are Available For The Forex Beginner posted at Forex Trading System Secrets. Jed Norwood presents Forex Market Basic Truths posted at Forex Strategy, saying, “In this post I have listed some basic truths about the Forex market.” Lauren Rose presents Complete Guide to Online Forex Trading Systems – Part […]

May 31
2008

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

EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5049 1.5255 1.5405 1.5611 1.5761 1.5967 1.6117 GBP/USD 1.9540 1.9606 1.9714 1.9780 1.9888 1.9954 2.0062 USD/JPY 101.06 102.09 103.80 104.83 106.54 107.57 109.28 EUR/JPY 161.33 […]