Posts Tagged by forex brokers
How to find the best forex broker
| December 8, 2011 | Posted by admin under Intro to Trading |
This is a continuation of the introduction to Forex series. You can find more information/tutorials on forex trading on the Tutorials page. Not all brokers are created equal and I have been through my fair share of them in my trading career. When choosing a forex broker here a few things you will want to…
EUR/USD: Passed Above Trigger Point
| May 17, 2010 | Posted by admin under Stocks & Stock Market Analysis |
In my weekend newsletter I laid out some reasons why I am not really on the bear train for the EUR anymore. Make no mistake I am with the trend as long as it is there, but I am more so watching for a reversal at this point. The drop below 1.2330 is a “pivot…
EUR/USD-Daily Trendline Broken
| March 15, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The following is your daily EUR/USD outlook for March 15, 2010. The downward daily trendline was broken on Friday, setting up for a further move higher in the EUR. Short-term caution is still warranted due to the high likelihood of false breakouts. That said, the “saucer” like formation on the daily charts makes a re-test…
EUR/USD – Looking Ahead to Next Week, Where It’s Going…
| February 27, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Well, I am getting over a cold and rather tired, but after just watching Canada win another two Gold medals my spirits were lifted and so I put together this quick video on the EUR/USD. It looks at the daily chart, what I am waiting for and why I am not real interested in it…
EUR/USD Outlook – Feb 23
| February 23, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The Calm before the storm….. Relative to previous sessions, Monday was fairly sedate, holding within about a 70 pip range. Signals within this range are not high probability. The swing high is significant at 1.3650-1.3660. A move above this indicates short-term buying and possible retest of the the next swing high at 1.3780 over the…
EUR/USD Slippin’ and Slidin’ – Feb 19 Outlook
| February 18, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Before Japan even officially opens we have significant selling in the EUR which I suppose nicely caps off another volatile day for currencies. No significant resistance levels were breached on the EUR rise early Thursday, so breaking back below key support was a major warning signal. Resistance on the upside comes in at former support,…
EUR/USD Outlook for Feb 17
| February 17, 2010 | Posted by admin under Stocks & Stock Market Analysis |
After passing through 1.3640 on Tuesday the EUR was able to reach 1.3700 before extending gains and hitting several profit targets along the way. Right now the EUR/USD sits at resistance just below 1.3780. Getting above this has an initial target of 1.3800-1.3810 followed by 1.3840 if the advance continues. While the longer term downtrend…
EUR/USD Outlook for Feb 16
| February 15, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Took the day off yesterday because of the holiday, and as expected nothing happened on Monday. Trend remains down. Minor resistance sits atop the small range seen Monday, at 1.3640. A break above is likely to challenge 1.3700. Not reaching that mark is bearish for the EUR. Further resistance is at 1.3730-1.3740, 1.3770-1.3780 and 1.3800.…
Intro to Forex
| February 11, 2010 | Posted by admin under Intro to Trading |
Every night I post an analysis for the EUR/USD. Yet, it has come to my attention that quite a few visitors are unfamiliar with the forex market. There is information on this market under the Tutorials heading, but I will provide a basic outline of forex trading here: The Foreign Exchange market is based on…
EUR/USD Outlook for Feb 9
| February 8, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Slower day for the EUR/USD on Monday. While the EUR did push above minor resistance at 1.3680 ultimately it has so far failed even to test the recent swing high at 1.3740 and currently trades at 1.3660. The consolidation pattern which is currently visible on the short term time frames is traditionally a continuation pattern.…
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