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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, 7 November 2013

Forex - EUR/USD lower after ECB surprise

The euro traded modestly lower against the U.S. dollar during Friday’s Asian session after the European Central Bank surprisingly lowered interest rates Thursday.  In Asian trading Friday, EUR/USD fell 0.06% to 1.3412. The pair was likely to find support at...

Forex - Dollar gains on advancing GDP data, ECB rate cut

The dollar moved largely higher against most major currencies on Thursday after the U.S. government reported the country's gross domestic product grew more than expected in the third quarter, though profit taking clipped the greenback's earlier gains. A surprise European Central...

Forex Trading Signal for 7th November 2013

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Forex Trading Signal for 6th November 2013

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Forex - GBP/USD declines on strong U.S. GDP data

The pound declined against the U.S. dollar on Thursday, as strong U.S. economic growth data sent the greenback broadly higher and after the Bank of England left its monetary policy unchanged. GBP/USD hit 1.6010 during U.S. morning trade, the pair's lowest since Tuesday; the pair subsequently consolidated at 1.6027, shedding 0.33%. Cable was likely to find support...