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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.

Thursday, 21 March 2013

Forex Analysis: GBP/USD Forms Bullish Correction Pattern

GBP/USD (daily chart) as of March 21, 2013 has settled into a potential bullish correction/reversal pattern in an inverted head and shoulders formation. While these types of patterns are often expected to reverse trends, they can also serve as indicators of potential corrections...

Forex Trading Signals for 21st March 2013

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Forex Trading Signals for 20th March 2013

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Asian stocks mixed on Europe fears; Nikkei off 1.44%

Asian equities are mixed at this hour, but the regions major bourses are mostly in the red as traders remain skittish about the situation in Cyprus and several days of declines for U.S. stocks.  In Asian trading Friday, Japan’s Nikkei 225 is off 1.44 % after new Bank of...

Dollar near 4-month highs vs. euro, yen higher

The dollar was trading near four-month highs against the euro on Thursday and was sharply lower against the yen as concerns over the economic outlook for the euro zone and ongoing uncertainty over a bailout for Cyprus weighed on market sentiment. During U.S. morning trade,...

Gold futures rise to session high after U.S. jobless claims data

Gold futures rose to the highest level of the session during U.S. morning trade on Thursday, hitting a fresh three-week high after data showed that the number of people who filed for unemployment assistance in the U.S. rose last week. Sentiment on the precious metal remained...