Archive for July, 2009
EUR/USD: Trading the ISM Manufacturing Report
Manufacturing activity in the U.S. is expected to contract at a slower pace in July, with economists forecasting the ISM index to increase to 46.5 from…
Related PostsEuro Crosses Find SupportThe EURGBP, EURAUD, and EURNZD appear to be forming bullish bases. Reward/risk is heavily skewed in …Forex Wrapup 06.22.09
Related PostsA Brief History of US Currency (USD)All [...]
USD Weaker in New York But Yen Crosses Lower (Midday Snapshot)
Related PostsGoldman Sachs: India’s Forex Reserves may decline by $39 billionBreaking News! The global financial crisis may impact India’s forex reserves to a great extent…Forex reserves fall to $11.844 billion - Daily TimesForex reserves fall to $11.844 billionDaily TimesKARACHI: The country’s foreign exchange reser…India Forex Reserves Decline - RTT NewsIndia Forex Reserves Decline [...]
Emotions and Trading
This is certainly a touchy topic and a bit esoteric when it comes to trading emini contracts. Yet, it remains the most important aspect of trading success, and least understood. Traders simply do not want to discuss their mindset when trading. After all, you follow a system and take the trades and your account piles [...]
Euro Possibly Preparing for Breakout Next Week
The EURUSD appears to be building a base from 1.4000 that will propel the pair to fresh 2009 highs next week.
Related PostsIf Touch Screen Kiosks Can Help My Business Than Please Tell Me What They Are. Helpful Information to Keep in MindKiosks are basically a one stop information tool, let’s first define the word kiosk [...]
EUR/USD Sell Recommendation Issued @1.4235; Stop 1.4365 (Commentary to Follow in Midday Snapshot)
Related PostsYen May Gain Back Strength As Rising Wedge May See Dollar FallOn the 5-minute chart featured below, we see that the U.S. Dollar has hit support on multiple occasi…U.K. Trade Deficit Narrows, But Fails to Meet ExpectationsThe U.K. August goods trade deficit came in far worse than expected, at GBP 8.20 bln compared to [...]
