Monday, November 29, 2010

FOREX VIDEO | New York Session Review | November 24, 2010


During the early part of today's London session, the EUR/USD completed a 1000-pip drop from its November 4th high. The pair then recovered during the New York morning hours to finish the European trading day near yesterday's low.

Saturday, November 27, 2010

103. What Moves the Forex Market? - Trade Flows


http://www.informedtrades.com/
A lesson on how the trade flows between different countries affect the value of their currencies for active traders and investors in the forex market.

Thursday, November 25, 2010

FOREX VIDEO | New York Session Review | November 23, 2010


Irish eyes are not smiling today. The Euro started the US holiday-shortened trading week with its biggest two-day drop against the greenback since the peak of the Greek sovereign debt crisis in early May.

Wednesday, November 24, 2010

FOREX VIDEO - ASIAN OUTLOOK November 24 2010


Hi Folks

Heading in to one of the main holidays here in the United States. This means thinner than normal market conditions, particularly during NY trading hours. Take it easy with your trades plans. Maybe a good opportunity to lower the lot size if you are going to trade.

For today, during to our longer-term technical location, looking to spot trade my way around. I do have a bearish bias based on the Daily and 4 HR charts, we are in weekly support territory though. I use the EUR/USD as my examples for this one.

Happy Thanksgiving.

Regards

Rob Helean

Tuesday, November 23, 2010

FOREX VIDEO - EUROPEAN OUTLOOK NOVEMBER 23RD 2010


Hello traders. For this presentation I look at the Euro USD and Aussie Yen, lots of Fibonacci work for the Euro and a range break out strategy for Aussie Yen. Good luck and I hope you enjoy the video. David Pegler

FOREX VIDEO - London Session Review - November 19, 2010


Nearly every major pairing with the USD had a rather identical setup as the London open was setting up. Continued USD weakness, yet all pairings not quite at their respective resistance/support zones. So the plans in place were primarily focused on awaiting pullbacks taking Fibonacci entries into resistance at minimum, 137220 zone for eur/usd, 16100 zone for gbp/usd etc. As London opened the Eur/Usd decided to continue mission after a rather Weak pullback which left many of us unable to reload the long. However, the Gbp/Usd did indeed pullback spot on to our entry zone around 16040-50, looking for a 50-60 pip trade here into the Weekly central pivot point, and 4hr trendline awaiting us in the 161 region. I must admit this trade became a bit difficult in the late stages of profit taking as it barely even hit the outer edge of our target, so we only ended up with sorta 40 pips. Yet it was clear by the time we reached our target that the British Pound itself had become rather weak since the open, and the only reason we even hit near our target was the continuing to fall USD. Enough said, thank you for my profit, next trade plan please.

Some days are certainly better than others.

FXBootcamp London Currency Coach-
Christian Stephens

Monday, November 22, 2010