Posts Tagged by forex brokers
How to find the best forex broker
| December 8, 2011 | Posted by admin under Forex Technicals, 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 broker here a few things you will want to consider:…
EUR/USD: Passed Above Trigger Point
| May 17, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
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 Stock Market Analysis, Swing Trading Ideas |
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 Stock Market Analysis, Swing Trading Ideas |
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 Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
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 Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
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 Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
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 Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
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 Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
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.…
EUR/USD Outlook for February 8
| February 8, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The EUR has fallen off slightly in early trading this week and that movement has established some levels we can watch for entry. The overall trend remains down. Bias remains to the downside until the pair moves above 1.3750. If the EUR can push above that level, there is a possibility that a larger upward…
USD/JPY The Week Ahead
| September 6, 2009 | Posted by admin under Swing Trading Ideas |
After strong movement on both sides of the market after the Employment Situation news out of the US on Friday the pair finished moderately higher, just edging out pre-news levels. Currently the pair is in a downtrend , but a rise above 93.40 indicates a potential reversal. Resistance beyond is at 94.00. 92.00 – 91.75 …
EUR/USD Trade Set-Up Aug 25
| August 25, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas, Techncial Analysis Tutorials |
The pair has converged into a triangle like pattern after strong moves last Friday. In the triangle I have not actually included the extremes of that day in the triangle, although they do actually connect quite nicely. These extremes have been left out as they were due to a news event which will not repeat…
EUR/USD Forex Day Trading Signal – 15 Min Chart
| May 6, 2009 | Posted by admin under Day Trading Ideas, Swing Trading Ideas |
May 06 6:00 AM GMT Thank you for your patience. I have moved to a beautiful new location, am settled in and I will once again be posting forex trading ideas daily. The following is a forex market commentary based on technical analysis for the EUR/USD currency pair. It is based off of a 15…
GBP/USD Forex Swing Trade Signal – Daily Chart
May 06 6:53 PM GMT The following is a forex market commentary based on technical analysis for the GBP/USD currency pair. It is based off of a daily chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the Trade…