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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.

Monday, 25 March 2013

EURUSD – Euro/dollar continues to weaken after gap down

The EURUSD opened this week with a large gap down of over 160 pips, this came on the back of some news over the weekend regarding Cyprus debt problems and how it might affect the euro-zone economy. Regardless of why the gap formed, the important thing to note is that the EURUSD...

Weekly Price Action Trading Outlook for March 25th to March 29th 2013

EURUSD – Euro/dollar remains a potential sell below 1.3135 resistance The EURUSD managed to hold above key support at 1.2875 last week, moving higher into Friday’s close after chopping sideways earlier in the week. This week, as long as the market is contained below 1.3135...

Forex - EUR/USD falls as Cypriot bailout optimism wanes

The euro fell against the dollar on Monday after investors grew wary of the impacts a European bailout will have on Cyprus even though the country will remain in the eurozone. Earlier Monday, eurozone finance ministers and the International Monetary Fund approved a EUR10 billion...