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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, 16 June 2013

USD/JPY Outlook June 17-21

The Japanese yen continues to be red-hot, and has posted sharp gains for the second straight week.USD/JPY dropped over 400 points, as the pair dipped below the 94 level before closing the week at 94.06. There are only four releases in the upcoming week,...

EUR/USD Forecast June 17-21

Eur/Usd advanced for a fourth consecutive week and is at a 4 month high, riding on the dollar’s weakness. Will the pair make a correction or continue advancing steadily? German ZEW Economic Sentiment and Flash PMI figures will provide insights about the direction of the euro-zone...

GBP/USD Outlook June 17-21

The pound enjoyed another good week, climbing close to two cents against the US dollar. GBP/USD closed at 1.5737. This week’s major events include CPI and Retail Sales. Here is an outlook of the events and an updated technical analysis for GBP/USD. Both...

EUR/USD Technical Analysis June 17-21

EURUSD finished last week close to the 61.8% Fibonacci retrace area, as shown on the attached chart, an area aligned with the weekly 200 period SMA. Euro/dollar bulls will be looking for near term support in the 1.3240 area, a level that marks a significant previous...

LEARN HOW TO GET RICH SLOWLY THROUGH FOREX TRADING

A lot of people have jumped on the forex trading bandwagon in recent years. They heard about how much money you can potentially make by trading the currency markets and have leapt head first into this exciting industry. Many people enter the world of forex trading with the...

HOW TO INCREASING FOREX PROFITS

Go slow, go steady, perfectly natural to begin slowly and learn the ropes before you put your money at risk. Many rookie traders make is to speed things up before they really ready. It’s an easy mistake to make after all, you want to start making real money, and you want it...

Forex Trading Signal for 17th June 2013

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Forex - NZD/USD weekly outlook: June 17 - 21

The New Zealand dollar retreated from a three-week high against its U.S. counterpart on Friday, as concerns over the prospect of an end to central bank stimulus programs boosted demand for the safe haven greenback.NZD/USD hit 0.8135 on Friday, the pair’s highest since...

Forex - AUD/USD weekly outlook: June 17 - 21

The Australian dollar ended Friday’s session lower against its U.S. counterpart, coming off a seven-day high as uncertainty over the future of central bank stimulus measures boosted demand for the safe haven greenback. AUD/USD hit 0.9665 on Thursday, the pair’s highest...

Forex - USD/CAD weekly outlook: June 17 - 21

The Canadian dollar was lower against the U.S. dollar on Friday after official data showed that Canadian manufacturing sales fell unexpectedly in April. USD/CAD hit 1.0135 on Friday, the pair’s lowest since May 14; the pair subsequently consolidated at 1.0166, 0.18%...

Forex - Weekly outlook: June 17 - 21

The yen ended the week sharply higher against the dollar and the euro on Friday as uncertainty over the future of central bank stimulus measures boosted safe haven inflows into the Japanese currency. The yen rose to multi-month highs against the dollar and the euro during the...