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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.

Wednesday, 10 April 2013

Forex: EUR/USD muted after German inflation

The shared currency attempted a rebound to 1.3080 soon after German Consumer Prices rose 0.5% MoM and 1.4% YoY, in line with market expectations. The bounce however probed to be short-lived, as the pair soon retreated around 1.3065/70.Next on tap in the euro area will be the French CPI ahead of the ECB Monthly Report and a 3-year bond auction in Italy.At the moment the cross...

Forex Daily Outlook April 11 2013

Unemployment Claims in the US and Employment Change in Australia are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, value the unemployment insurance that was filed over the last week, 362K is due now from 385K on March. Later in the US, James Bullard, Federal Reserve Bank of St. Louis President is due to deliver welcoming remarks in...

Asian stocks higher despite glum Aussie jobs data; Nikkei up 0.83%

Asian stocks are trading mostly higher at this hour, a day after U.S. equities raced to another record high despite some slack employment data out of Australia.  In Asian trading Thursday, Japan’s Nikkei 225 is higher by 0.83% despite profit-taking in USD/JPY. In...

Forex Trading Signals for 11th April 2013

                                                                                 Japan (Tokyo)                      ...

Forex Trading Signals for 10th April 2013

                                                                                 Japan (Tokyo)                      ...

Forex Trading Signals for 9th April 2013

                                                                                 Japan (Tokyo)                      ...

Forex Commentary: GBPUSD Remains Buoyant, 9th April 2013

GBPUSD – Sterling/dollar remains buoyant above key breakout level The GBPUSD has held above the key support / breakout level near 1.5260 so far this week. We can see in the daily chart below that it’s formed “coiling” inside bars over the last two days as price continues to...

Simplify Your Trading in 3 Easy Steps

If you’re reading this you’re probably struggling to make money in the markets and maybe you’ve even recently experienced a painful losing streak. Right now, trading seems “hard” to you, you doubt if anyone out there reallymakes consistent money from trading, and maybe...

EUR/USD April 10 – Climbing Higher as Euro Crosses 1.31

ERU/USD is continuing this week’s upward trend, as the pair has climbed above the 1.31 in Wednesday’s European session. Eurozone numbers were a mix to start off the day, as French Industrial Production edged above the estimate, while Italian Industrial Production dropped to...