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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, 11 July 2013

U.S stocks hit record highs on Bernanke comments; Dow rises 1.11%

U.S. stocks closed at record highs on Thursday after Federal Reserve Chairman Ben Bernanke said late Wednesday that stimulus tools will remain in place for the foreseeable future. Stimulus programs such as the Fed's monthly USD85 billion bond-buying program push up stocks...

Forex - Dollar falls as Fed says stimulus to stay in place for now

The dollar fell against most major currencies on Thursday after Federal Reserve Chairman Ben Bernanke said stimulus programs will stay in place for the foreseeable future. Stimulus programs such as the Fed's monthly USD85 billion bond-buying program weaken the dollar to spur...

FOREX HOLLY GRAIL RULES

One important thing that each new trader must know before entering this highly profitable customers are that every day life is not perfect. In forex world always know one fact and that’s: You’ll have a Losing Trade. Every forex trader does. The key to being a consistent, predictable,...

THE ADVANTAGES OF INDEPENDENT TRADER

Trader should trade alone first before he or she decides to trade with other people. This allows the individual to develop his own philosophy and his own understanding about himself and the market. However, that not everybody can trade alone because it requires a set of beliefs...

WILL FOREX CURRENCY TRADING MAKE YOU RICH?

Many people are turning to Forex currency trading in an attempt to become financially independent and improve our life style. The markets certainly offer an excellent opportunity to meet and exceed this goals. In order to do this one must become educated in all aspect of the...

SMART FOREX TRADER ALWAYS GET EDUCATED

Training is essential, there are numerous online Forex courses. In truth, with all the information  needed to trade forex, it would be silly to initiate trading without first getting educated to some degree. Your brokers also incorporate free charts with live streaming...

Greenback comeback in the European session

The massive sell off of the US dollar during the Asian session was met with some skepticism in the European one. The dollar is partially recovering, with most currency pairs returning to less exaggerated levels. Perhaps Bernanke was dovish, but not extremely dovish. EUR/USD,...

Dollar scenarios after the FOMC meeting minutes, Bernanke

The greenback declined against most of its peers. Last night, after a very quiet European trading session, the dollar started to weaken strongly. The dollar index tumbled after Bernanke said the US economy still needs stimulus because the inflation and the unemployment rate are...

Bernanke Burnout: hundreds of pips move across the board

The fallout from Bernanke’s dovish commentscontinue. Major levels are being breached with some pairs moving hundreds of pips. EUR/USD is challenging 1.32, GBP/USD is close to 1.52 and USD/JPY is around 98.50 — updates coming EUR/USD is already over 300 pips higher...

European stocks sharply higher on Fed optimism; Dax jumps 1.48%

European stocks were sharply higher on Thursday, as dovish comments by Federal Reserve Chairman Ben Bernanke on Wednesday sent global stocks broadly higher.  During European morning trade, the EURO STOXX 50 rallied 1.18%, France’s CAC 40 gained 1.06%, while Germany’s DAX...

Gold futures rally 3% after Bernanke backs stimulus

Gold futures rallied sharply to trade near a three-week high on Thursday, after Federal Reserve Chairman Ben Bernanke said that the central bank will maintain its easy monetary policy for the foreseeable future. On the Comex division of the New York Mercantile Exchange, gold...