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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.

Sunday, 5 May 2013

EUR/USD Outlook May 6-10

EUR/USD had an exciting week, especially around the rate decision, that saw wild action. Mario Draghi will have another opportunity to rck the markets with a scheduled speech and there are quite a few other interesting events.  Here is an outlook for the main events and...

Non-Farm Payrolls: +165K, +155K Expected

The BLS was expected to show a gain of 155K jobs in the US Non-Farm Payrolls report for April 2013. The unemployment rate was expected to stand at 7.6%, which was the level for March (before revisions). Towards the release, EUR/USD was still digesting the ECB rate decision...

Are negative interest rates really possible? Yes is the answer

The dust is still settling after ECB President Mario Draghi shook up the markets this morning at this press conference following the ECB monthly meeting. At that meeting, the ECB decided to lower interest rates by 25 bps to 0.50%.  Following that announcement...

Forex - Weekly outlook: May 6 - 10

The dollar rallied more than 1% against the yen on Friday after official data showed that the U.S. economy added more jobs than expected in April, easing concerns over a slowdown in economic growth.The U.S. Department of Labor said the economy added 165,000 jobs in April, above...

Forex Trading Signal for 6 May 2013

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