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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Trading is always full of emotions

Because trading is always full of emotions, you must have a trading strategy which includes a set of rules you stick to. This will help protect you from yourself.

software which aims at predicting future trends

While there are a lot of companies who make money by selling software which aims at predicting future trends, the reality is that if this software really worked, these companies would not be giving the secret away.

Trade wisely

There are many beginners who make trades in any direction. While there is a possibility to make profits both on the upside and downside of a trade, trading in the direction of the trend will give you the best chances for success

Invest in a good Forex trading education

The market is always changing and it may be hard to understand and keep up with these changes unless you invest in a good Forex trading education

Thursday, 13 September 2012

Forex Trading Signals for 13th September 2012


First We will BUY on the market: GBP/USD
BUY : 
Entry Point : 1.61038
Take Profit:   1.61500
Stop Loss:    1.60700

 2nd,,

SELL : 
Entry Point : 1.61078
Take Profit:   1.60700
Stop Loss:    1.61400

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,



We will BUY on the market: EUR/USD
BUY : 
Entry Point : 1.28871
Take Profit:   1.29358
Stop Loss:    1.28400

2nd  BUY on the market,,,

BUY : 
Entry Point : 1.29151
Take Profit:  1.29400
Stop Loss:   1.28500



Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,




Forex Trading Signals for 12th September 2012 GBP/USD BUY : Entry Point : 1.60486 Take Profit: 1.61000 Stop Loss: 1.60000

Tuesday, 11 September 2012

Forex Trading Signals for 12th September 2012


First We will BUY on the market: GBP/USD
BUY : 
Entry Point : 1.60486
Take Profit:   1.61000
Stop Loss:    1.60000

 2nd,,

BUY : 
Entry Point : 1.60763
Take Profit:   1.61000
Stop Loss:    1.60300


,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,



We will BUY on the market: EUR/USD
BUY : 
Entry Point : 1.28304
Take Profit:   1.29000
Stop Loss:    1.2800

2nd  BUY on the market,,,

BUY : 
Entry Point : 1.28674
Take Profit:  1.2900
Stop Loss:   1.28300



Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Forex Trading Signals for 11th September 2012


First We will BUY on the market: GBP/USD
BUY : 
Entry Point : 1.59901
Take Profit:   1.60500
Stop Loss:    1.59600

2nd,,


BUY : 
Entry Point : 1.60135
Take Profit:   1.60500
Stop Loss:    1.59700


,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,



We will SELL on the market: EUR/USD
SELL : 
Entry Point : 1.27704
Take Profit:   1.27400
Stop Loss:    1.28040

And thereafter we will BUY on the market,,,

BUY : 
Entry Point : 1.279897

Take Profit:   1.28200
Stop Loss:    1.27597
 

--> ,

Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,

Thursday, 6 September 2012

Forex Trading Signals for 7th September 2012


First We will BUY on the market: GBP/USD
BUY : 
Entry Point : 1.59216
Take Profit:   1.59500
Stop Loss:    1.58900

 
,


Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,

Wednesday, 5 September 2012

Forex - EUR/USD close to 2-month high on ECB hopes

Forexpros - The euro was trading close to a two-month high against the U.S. dollar on Thursday, buoyed up by expectations that the European Central Bank will announce measures to stem the region’s debt crisis after its policy meeting later in the day.

EUR/USD hit 1.2630 during late Asian trade, the pair’s highest since August 31; the pair subsequently consolidated at 1.2627, gaining 0.22%.

The pair was likely to find support at 1.2500, Wednesday’s low and near-term resistance at 1.2679, the high of July 2.

Demand for the euro has been underpinned in recent weeks by expectations that the ECB will announce more details of measures to help stabilize the region’s sovereign debt markets during its post-policy policy meeting press conference later in the day.

Expectations were boosted on Wednesday, after Bloomberg reported that the ECB is planning unlimited purchases of government bonds with maturities of up to three years, without setting bond yield targets.

The single currency shrugged off data on Wednesday showing that service sector activity in the bloc contracted at a slightly faster rate than initially estimated in August, adding to fears that the bloc is set to enter a technical recession in the third quarter.

The euro was higher against the pound and the yen, with EUR/GBPrising 0.15% to 0.7934 and EUR/JPY climbing 0.20% to 98.96.

Also Thursday, Germany was to release a report on factory orders.

The U.S. was to release a report on ADP non-farm employment payrolls, followed by weekly government data on unemployment claims. The country was also to release a report by the Institute for Supply Management on service sector activity.

Forex Trading Signals for 6th September 2012


First We will BUY on the market: GBP/USD
BUY : 
Entry Point : 1.59025
Take Profit:   1.59300
Stop Loss:    1.58700

 
,


Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,

Tuesday, 4 September 2012

Forex Trading Signals for 5th September 2012



First We will SELL on the market: GBP/USD

SELL : 
Entry Point : 1.58620
Take Profit:   1.58400
Stop Loss:    1.59000

 
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

We will SELL on the market: EUR/USD
SELL : 
Entry Point : 1.25779
Take Profit:   1.25500
Stop Loss:    1.26100


Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,

Monday, 3 September 2012

Forex Trading Signals for 4th September 2012


First We will BUY on the market: GBP/USD
BUY : 
Entry Point : 1.58807
Take Profit:   1.59300
Stop Loss:    1.58507

 OR

signal: BUY
Entry Point:  1.58941
Take Profit:  1.59300
Stop Loss:    1.58507
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

We will BUY on the market: EUR/USD
BUY : 
Entry Point : 1.25913
Take Profit:   1.26500
Stop Loss:    1.25600

OR,,,

BUY : 
Entry Point : 1.26119

Take Profit:   1.26500
Stop Loss:    1.25600




Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,

Sunday, 2 September 2012

Forex - Dollar regains strength as investor fret European murkiness

Forexpros - The dollar on Monday reversed hefty losses sustained against most major global currencies after Federal Reserve Chairman Ben Bernanke said last week that monetary authorities remain poised to stimulate the economy if it doesn't show signs of improvement soon.

Investors snapped up nicely priced greenback positions ahead of European Central Bank Mario Draghi's speech due later Monday, eager to hear clues as to how close the monetary authority is coming to buying sovereign debt in troubled European countries.

In Asian trading on Monday, EUR/USD was down 0.10% at 1.2564.

Bernanke said in a Friday speech at the Fed's annual symposium in Jackson Hole, Wyoming, that the Fed remains ready to intervene with stimulus measures though the speech made no mention for more specific plans.

Monetary stimulus tools tend to weaken the dollar by design, pushing down interest rates and sending stock prices rising as well.

The dollar quickly gained strength on concerns that while the European Central Bank may be closer to buying sovereign debt from countries like Spain and Italy to lower borrowing costs there, details remain to be seen.

Spain is widely expected to be ready to ask for a bailout, and markets are eager to see how such a move would fall in line with plans to buy Spanish and other sovereign bonds.

German policymakers have expressed a lack of support for the ECB bond-buing plan, which fueled dollar on Monday as well.

Meanwhile in Australia, retail sales fell unexpectedly in July.

In a report, Australian Bureau of Statistics said that Australian retail sales contracted 0.8% in July following a 1.2% increase in June, whose figure was revised up from 1.0%.

Analysts had expected Australian retail sales to rise 0.2% last month.

The greenback, meanwhile, was up against the pound, with GBP/USDtrading down 0.06% at 1.5857.

The dollar was down against the yen, with USD/JPY trading down 0.17% at 78.25, and up against the Swiss franc, with USD/CHF trading up 0.09% at 0.9559.

The dollar was up against its cousins in Canada, Australia and New Zealand, with USD/CAD up 0.09% at 0.9871, AUD/USD down 0.76% at 1.0247 and NZD/USD down 0.52% at 0.7994.

The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.12% at 81.30.

Later Monday in the eurozone, ECB President Mario Draghi is scheduled to testify before the European Parliament's Economic and Monetary Affairs Committee, in Brussels. 

Spain and Italy, meanwhile, will release official data on manufacturing activity.

U.S. markets will be closed for the Labor Day holiday.

Asia stocks dip on Chinese manufacturing data; Nikkei down 0.38%

Forexpros - Asian stocks traded lower on disappointing Chinese manufacturing data, which sent investors selling and brushing off optimism stemming from U.S. Federal Reserve Chairman Ben Bernanke's Friday speech claiming the Fed won't rule out stimulus measures to spur U.S. recovery. 

During Asian trading on Monday, Hong Kong's Hang Seng Index was down 0.24%, Australia's S&P/ASX200 was down 0.03%, while Japan’s Nikkei 225 Index was down 0.38%.

The Chinese HSBC Manufacturing PMI disappointed on Monday, hitting 47.6 in August, a tenth successive month-on-month deterioration in Chinese manufacturing operating conditions and the lowest reading since March 2009. 

The news sent stocks falling in early Asian trading on Monday albeit in choppy trading, as the index sparked talk of monetary stimulus in China.

Fed Chairman Ben Bernanke said Friday the U.S. central bank remains poised to stimulate the economy if it doesn't pick up the pace of its recovery.

Bernanke's dovish comments sent stocks rising worldwide on Friday, as monetary stimulus measures tend to weaken the dollar and push up stock prices by flooding the U.S. economy with liquidity to drive down interest rates.

However, the rally was short-lived due to a lack of specifics addressed in the speech, which sent investors selling on worries Chinese manufacturing data signaled a cooling global economy.

Meanwhile, the European Central Bank may be closer to buying sovereign debt from countries like Spain and Italy to lower borrowing costs there, though details remain to be seen, which sparked a risk-off trading session.

Spain is widely expected to be ready to ask for a bailout, and markets are eager to see how such a move would fall in line with plans to buy Spanish and other sovereign bonds.

Meanwhile in Australia, retail sales fell unexpectedly in July.

In a report, Australian Bureau of Statistics said that Australian retail sales contracted 0.8% in July following a 1.2% increase in June, whose figure was revised up from 1.0%.

Analysts had expected Australian retail sales to rise 0.2% last month.

In Hong Kong, top decliners included Li & Fung, down 3.10%, Power Assets, down 2.74%, and Cathay Pacific Air, down 1.19%. 

In Australia, top decliners included Energy World Corporation, down 7.84%, Mirabella Nickel, down 7.14%, and Emeco Holdings, down 5.13%.

European stock futures indicated a mixed opening.

France's CAC 40 futures pointed to a gain of 0.03%, while Germany's DAX 30 futures pointed to a loss of 0.16%. Meanwhile in the U.K., FTSE 100 futures indicated a loss of 0.19%.

Dow Jones Industrial Average futures were down 0.24% while the S&P 500 futures were down 0.25%.

Later Monday in the eurozone, ECB President Mario Draghi is scheduled to testify before the European Parliament's Economic and Monetary Affairs Committee, in Brussels. 

Spain and Italy, meanwhile, will release official data on manufacturing activity.

U.S. markets will be closed for the Labor Day holiday.

Forex Trading Signals for 3rd September 2012


First We will SELL on the market: GBP/USD
SELL : 
Entry Point : 1.58748
Take Profit:   1.58450
Stop Loss:    1.59000

 And thereafter when the market has gone down a little while,,,, we will BUY

signal: BUY
Entry Point:  1.58450
Take Profit:  1.58900
Stop Loss:    1.58150

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

We will BUY on the market: EUR/USD
BUY : 
Entry Point : 1.25750
Take Profit:   1.26100
Stop Loss:    1.25450

 


Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,