Blog – Page 310

May 30
2008

Dollar Stalls against Euro Today

The U. S. dollar was mainly unchanged today after the important fundamental statistics came out in the United States. Although there were moderate intraday swings up and down on EUR/USD, the currency pair is ending the day with just a little upside on Forex. Personal income and spendings report is always an anticipated event for the Forex traders. In April personal income rose the same […]

May 29
2008

EUR/USD Continues to Fall on U.S. GDP Report

EUR/USD made its biggest drop since May 7 today. The popular currency pair continued its decline that has started on Tuesday and will probably last until it reaches 1.5300-1.5400 levels. EUR/USD went down from 1.5647 to 1.5533. Preliminary GDP for the first quarter of 2008 increased 0.9% the same pace as the market analysts predicted and slightly faster than 0.6% growth in Q4 2007. Initial jobless […]

May 27
2008

Dollar Less Bullish After Bad Housing, Confidence Data

U.S. dollar stopped its appreciation against euro and pound today after macroeconomical statistics was released today in U.S. Disappointing data stopped EUR/USD from going below 1.5700 level (which was a lowest level last Friday too) and the currency pair went up to 1.5731 from its daily bottom. The trading opened today at 1.5774 for EUR/USD. New home sales in April were at 526k above the […]

May 26
2008

InstaForex — MetaTrader Broker with PayPal

InstaForex is a new MetaTrader 4 broker that was added to the list of Forex brokers on my site today. It offers a very big list of methods for funds transferring (including such convenient and popular methods as PayPal and WebMoney). They also have several trading account types by the currency of the account USD, EUR, CHF, GOLD and RUR. VIP conditions or Islamic (with no overnight interest) accounts are […]

May 26
2008

Easy-Forex Launches Visual Trading Platform

Easy-Forex introduced today its new trading platform Visual Trading Platform. Its still a browser-based (JavaScript/AJAX) application, but with an improved user interface and an extremely fast performance. It easily integrates trading, charting, news and alerts into one browser window. The abilities to calculate risk, position size and to freeze the currency rates before the order execution are built into this new platform. […]

May 24
2008

Forex Technical Analysis for 05/26—05/30 Week

EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: sell. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5235 1.5361 1.5561 1.5687 1.5887 1.6013 1.6213 GBP/USD 1.9150 1.9302 1.9549 1.9701 1.9948 2.0100 2.0347 USD/JPY 100.56 101.65 102.51 103.60 104.46 105.55 106.41 EUR/JPY 159.25 […]

May 20
2008

A Lot of Forex Trading Tips

Someone sent me an article yesterday, so today Ive decided to put it up on my site. This article is called 133 Trading Tips and it really contains 133 tips on how to trade Forex. I dont know how one could come up with so many tips to a Forex trader, but all of them really make sense (at least to me). You can read that to sum up your knowledge or to find something new to yourself, but its definitely worth seeing. Here […]

May 19
2008

Trend Determination in Forex Trading

Today Ive uploaded a new free ebook to my site its about determining the trend direction and its parameters using the standard technical indicators in any financial trading environment. Many trading strategies and tactics a based on the trend-following determining the trend in a given market situation can be a focal point in a traders intraday or long-term trading activity. John Hayden, the author of this book offers RSI, divergence and moving […]

May 17
2008

Forex Technical Analysis for 05/19—05/23 Week

EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: hold. EUR/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5191 1.5278 1.5427 1.5514 1.5663 1.5750 1.5899 GBP/USD 1.9142 1.9252 1.9411 1.9521 1.9680 1.9790 1.9949 USD/JPY 99.75 101.17 102.61 104.03 105.47 106.89 108.33 EUR/JPY 155.15 […]

May 16
2008

Exto Capital Another Swiss Broker

While NFA makes its requirements more strict for the Forex brokers operating in U.S. and the senate tries to enforce the regulation with CFTC, more and more brokers choose Switzerland as their primary location. Swiss regulation is reliable and authoritative, but now it remains more liberal than in U.S. Exto Capital is a Forex broker based in Switzerland (operated by Exto Financials). They offer downloadable […]