Blog – Page 332

September 3
2007

Mini Forex Accounts More Mini On LiteForex

LiteForex announced about some changes for their mini Forex trading accounts. These changes became active today, on September 3rd. Decreasing the minimum trading lot size, margin requirement for hedging positions and minimum deposit amount is a step towards the more easier trading for small traders and Forex newbies: Aspiring to provide to our clients the best trading conditions on international financial markets, the group of companies LiteForex (www.LiteForex.org) has made […]

September 2
2007

Carnival of Forex Trading September 1, 2007

Welcome to the September 1, 2007 edition of carnival of forex trading. Jimmy Atkinson presents The Day Trader’s Toolkit: 100 Free Online Apps for Professionals posted at Forex Blog. Dr. Barry Burns presents Question: What is the Best Interval for Day Trading? Part 2 posted at Top Dog Trading, saying, “Using the right time interval in your charts is critical for success. Heres’ how to find the perfect time-frame for your […]

September 1
2007

Forex Technical Analysis for 09/0309/07 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 1.3727 1.3480 1.3554 1.3637 1.3711 1.3794 1.3868 GBP/USD 2.0203 1.9838 1.9989 2.0110 2.0261 2.0382 2.0533 USD/JPY 116.44 112.57 114.17 115.46 117.06 118.35 119.95 EUR/JPY 159.19 152.19 154.97 157.31 […]

August 31
2007

Some Good Fundamentals from U.S.

Following the day of not so good (rather bad) economical news from U.S. yesterday, markets were surprised by some very optimistic indicators presented today. A reaction on both stocks and Forex markets was supportive with the stocks bulls, EUR and GBP to gain and the bears with JPY and USD to lose somewhat.Personal income and spendings number for July came out at 0.5% and o.4% growth that is higher than 0.3% expected […]

August 30
2007

U.S. Economy Slowing

U.S. macroeconomical data releases get a little less overoptimistic while the subprime lending crisis takes its toll and the carry trade is uncertain. This is the second week after a major carry trade crisis when the major indicators of carry trade, like GBP/JPY and EUR/JPY, are trading flat without any signs of the future for this type of financial trading. But worser U.S. economical indicators hint for some major […]

August 27
2007

Forex Technical Analysis for 08/2708/31 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 1.3607 1.3372 1.3523 1.3602 1.3753 1.3832 1.3983 GBP/USD 2.0018 1.9603 1.9872 2.0011 2.0280 2.0419 2.0688 USD/JPY 116.42 112.29 114.37 115.74 117.82 119.19 121.27 EUR/JPY 157.30 151.36 155.30 157.28 […]

August 27
2007

Boston Trading and Research Forex Broker

Boston Trading and Research is a very new Forex broker which site was opened just this year. They offer reasonable trading conditions including MetaTrader 4 platform, PayPal account funding and $500 minimum account size. BTRFX also seems a reliable company, but their quite enigmatic website may turn off some traders. Boston Trading and Research is not registered with NFA, but […]

August 21
2007

Where the Future of Carry Trade Lies?

Global stocks markets calmed by central banks’ generous currency interventions last week are doing quite well so far. EUR/USD and other currency pairs influenced by carry trade and subprime lending crisis chain reaction (mostly EUR/JPY and GBP/JPY) also don’t jump madly through and out the support and resistance levels anymore. But what will happen next? Will the markets just soak up the liquidity, thrown in by Fed […]

August 18
2007

Forex Technical Analysis for 08/2008/24 Week

EUR/USD — sell.GBP/USD — sell.USD/JPY — sell.EUR/JPY — sell. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3847 1.3567 1.3520 1.3614 1.3567 1.3661 1.3614 GBP/USD 2.0353 1.9301 1.9556 1.9906 2.0161 2.0511 2.0766 USD/JPY 119.03 107.87 111.12 114.84 118.09 121.81 125.06 EUR/JPY 163.31 142.21 148.15 155.19 161.13 168.17 174.11 Woodie’s […]

August 17
2007

Correction of Neuimex Situation

Today, I’ve been contacted by Neuimexrepresentative and he told me that the company which is under bankruptcy process Neuimex Asset Management AG (Switzerland) and the Forex broker company Neuimex Direct Dealing (NDD) S.A. (British Virgin Islands) are completely different companies. Thus, Neuimex broker continues its operation as normal and doesn’t have any bankruptcy problems. So, you can disregard my recent post about it. […]