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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, 15 April 2013

Forex Trading Signals for 16th April 2013

                                                                                 Japan (Tokyo)                      ...

U.S stocks drop on data, Boston explosions fuel selloff; Dow slips 1.79%

Weaker-than-expected growth and output data of China and in the U.S. sparked a massive selloff in global commodities markets that took U.S. equities down with them in a global risk-off trading session on Monday. An explosion at the Boston Marathon spooked investors as well...

Forex Analysis: GBP/USD Retreats from Key Resistance

GBP/USD (daily chart) as of April 15, 2013 has tentatively retreated from key resistance around the 1.5400 price region, which is also right around the 38.2% Fibonacci retracement of the steep plunge from the 1.6300 area in the beginning of the year to the 1.4830 low in mid-March....

Forex - GBP/USD remains moderately lower after weak U.S. data

The pound remained moderately lower against the U.S. dollar on Monday, as market sentiment continued to be pressured by global growth concerns, although downbeat U.S. manufacturing data weighed on the greenback. GBP/USD hit 1.5305 during U.S. morning trade, the pair's...

Dollar remains broadly higher as growth concerns dominate

The U.S. dollar remained broadly higher against the other major currencies on Monday, as concerns over the outlook for global economic growth continued to support safe haven demand, although U.S. manufacturing data capped the greenback's gains. During U.S. morning trade,...