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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.

Friday, 1 March 2013

Dollar broadly higher vs. rivals in cautious trade

The U.S. dollar was broadly higher against the other major currencies on Friday, as market sentiment weakened after disappointing euro zone data, while investors eyed key U.S. budget talks later in the day.  During European morning trade, the dollar was lower against...

U.S. futures lower amid "sequester" worries; Dow Jones down 0.24%

U.S. stock futures pointed to a lower open on Friday, as investors remained cautious ahead of upcoming U.S. budget talks, expected later in the day, while renewed concerns over the situation in the euro zone weighed.  Ahead of the open, the Dow Jones Industrial Average...

WHY LOSE

Top 10 ways new forex traders lose money: Statistics show that the initial success for new forex traders is disturbingly low. Over time, this trend tends to improve, but for many, it is too late. After posting a series of losses, many new traders will give up, believing that forex trading is simply not for them. It doesn't have to be this way. 1. Lack of experienceForex...

Forex - GBP/USD drops to 31-month lows on weak U.K. data

The pound dropped to 31-month lows against the U.S. dollar on Friday, as the release of downbeat U.K. economic reports added to concerns over the country's outlook for growth.  GBP/USD hit 1.5054 during European morning trade, the session low; the pair subsequently...

European stocks edge higher on Spain data, eyes on U.S.; Dax up 0.24%

European stocks edged higher on Friday, after upbeat Spanish manufacturing data, although investors remained cautious amid concerns over final U.S. budget talks and as worries over the political deadlock in Italy continued to weigh.  During European morning trade, the...

Forex - EUR/USD edges higher, gains capped by Italy, U.S. concerns

The euro edged higher against the U.S. dollar on Friday, but gains were limited as concerns over the political deadlock in Italy continued to weigh on demand for the single currency and after U.S. budget negotiations failed.  EUR/USD hit 1.3084 during late Asian...