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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.

Tuesday, 9 July 2013

Forex - USD/JPY steady as BoJ meeting starts

The U.S. dollar traded modestly lower against the Japanese yen during Wednesday’s Asian session as the Bank of Japan commenced another two-day policy meeting.  In Asian trading Wednesday, USD/JPY inched down 0.01% to 101.15 after earlier trading as high as 101.22....

Forex - Dollar mostly higher ahead of Fed minutes

The U.S. dollar traded higher against most of its major rivals during Wednesday’s Asian session as traders await more data points out of China and the release minutes from the Federal Reserve’s most recent meeting.  In Asian trading Wednesday, EUR/USD nudged...

Forex - Dollar gains as IMF trims forecasts, China, U.K. data support

The dollar strengthened against most major currencies on Tuesday after the International Monetary Fund trimmed its global growth forecasts for this year and the next, which sparked safe-haven demand for the U.S. currency In U.S. trading on Tuesday, EUR/USD was down...

U.S stocks rise on optimism for solid earnings; Dow gains 0.50%

U.S. stocks extended Monday's gains into Tuesday amid hopes that second-quarter earnings will beat many expectations and point to the arrival of more robust economic growth in the U.S. At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.50%, the S&P...

Forex Trading Signal for 10th July 2013

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Forex - Pound near 4-month lows vs. dollar after U.K. data

The pound fell to four-month lows against the dollar on Tuesday after official data showed that U.K. manufacturing output fell unexpectedly in May, clouding the outlook for the economic recovery. GBP/USD hit 1.4832 during European afternoon trade, the pair’s lowest since...

Forex - Euro little changed vs. dollar

The euro was little changed against the dollar on Tuesday, but the dollar looked likely to strengthen further amid expectations that the Federal Reserve will soon start to unwind its asset purchase program. EUR/USD hit 1.2894 during European afternoon trade, the pair’s...

U.S. futures higher despite Fed speculation; Dow Jones up 0.26%

U.S. stock futures pointed to a higher open on Tuesday, even as Fridays upbeat U.S. jobs report continued to support speculation that the Federal Reserve could soon scale back its stimulus program.  Ahead of the open, the Dow Jones Industrial Average futures pointed to...

Forex - GBP/USD falls to session lows after U.K. data

The pound erased gains against the dollar on Tuesday after official data showed that U.K. manufacturing output fell by the most in four months in May, while industrial output was flat. GBP/USD hit 1.4881 during European morning trade, the session low; the pair subsequently...