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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, 25 April 2013

U.S stocks rise on falling jobless claims; Dow gains 0.17%

U.S. stocks finished Wednesday higher after the U.S. government reported that jobless claims came in lower than expected last week. At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.17%, the S&P 500 index was up 0.40%, while the Nasdaq Composite...

Forex Trading Signals for 25th April 2013

                                                                                 Japan (Tokyo)                      ...

Forex - EUR/USD dips on U.S. data, Goldman Sachs calls for ECB rate cut

The euro inched down against the dollar on Thursday after official data revealed that fewer in the U.S. filed for unemployment assistance last week. Talk of a European Central Bank rate cut also pushed the single currency lower; In U.S. trading on Thursday, EUR/USD was...

Is sterling turning?

GBP: That so much attention is paid to a number which is prone to revisions and looks back over the previous 3 months is sometimes a mystery. Even more attention will be paid today because if GDP declines, the UK will have officially entered a triple-dip recession. ...

Focus Shifts to Central Banks

The USD was mostly lower in overnight trading as theEUR tested resistance at 1.3060. Commodities also moved higher as gold traded above the $1,440 level continuing to bounce back from last week’s low of $1,321.50. Crude oil is back above $91.00 as well. The move in the...

Currencies at a Glance (GBP/USD)

Currencies at a Glance   EUR/USD USD/JPY GBP/USD AUD/USD GBP/JPY EUR/GBP USD/CHF GBP/USD Apr 25 at 12:49 GMT 1.5461/63 (1.26%) H1.5482 L 1.5265  S3S2S1R1R2R3 1.51721.52101.52481.53101.53481.5386 Trend Index[?]OB/OS Index[?] Data...

Currencies at a Glance

Currencies at a Glance   EUR/USD USD/JPY GBP/USD AUD/USD GBP/JPY EUR/GBP USD/CHF EUR/USD Apr 25 at 12:46 GMT 1.3077/78 (0.48%) H1.3094 L 1.3010  S3S2S1R1R2R3 1.29201.29521.29841.30661.30981.3131 Trend Index[?]OB/OS Index[?] Data...

Forex: EUR/USD rises towards weekly highs

FTS- Forex Trade: After yesterday’s downside pressure, with even a spike to 1.2956 low, the EUR/USD was able to find support at 1.2975 and bounced back above the 1.3000 psychological level. More corrective movement during the Asian session allowed a rise to 1.3060 and now...