Forex Currency Trading - Making Money in the Forex Market
by: Jason Fielder.
Forex currency trading is becoming increasingly popular as more and more traders want to take their shot at the largest trading market in the world. The lure of nearly $2 trillion in trading going on each and every day is too much for mo...
Trading In Black And White Forex Trading Newsletter - 5/17/06
by: eddie0816.
Ok, we admit it, this is even a good trading week for us. A couple of weeks ago, when we made 700 pips we did it in a market that was incredibly volatile. There were 300 pip ranges throughout the week.This week, however, we have caught th...
Trading In Black And White Forex Trading Newsletter - 3/31/06
by: eddie0816.
It looked as though our levels last night were right on, that is until 9:00 and the release of the GDP report. Cable spiked up 91 pips in the next hour, which is exactly why we tell our traders to get out of trades 30 minutes before news ...
Trading In Black And White Forex Trading Newsletter - 3/30/06
by: eddie0816.
So, hopefully, you have been keeping up with my looks back on the Forex markets. Forex trading, like any other skill, can be improved with research and education.That being said, the greatest asset for research is hindsight. Remember, in F...
Trading In Black And White Forex Trading Newsletter - 5/22/06
by: eddie0816.
Let's start this week by looking at the end of last week. We mentioned that we are extremely cautious of Fridays. We generally don't trade, or trade less, on Fridays.For some reason, we have not had much luck with trading on Fridays. Level...
Trading In Black And White Forex Trading Newsletter - 5/18/06
by: eddie0816.
Wow, another great day of trading, and we missed 90% of it. We took our short at 1.9000, which we called yesterday, and closed it for a 40 pip profit right before the release of news at 7:30 EST.From that point on, we waited and watched. W...
Trading In Black And White Forex Trading Newsletter - 4/17/06
by: eddie0816.
Cable continues it's range trading, as we approach what should be the ceiling, and if the pattern holds, we should start yet another march down towards 1.7230. Keeping in mind that the last trip down stalled and reversed at around 1.7375....
Trading In Black And White Forex Trading Newsletter - 5/9/06
by: eddie0816.
When is a night that you don't get into a trade a good trading night? Well the obvious answer is when the market goes against you, but since you did not get to your entry price you did not lose any money. Last night gave us an example of...
Trading In Black And White Forex Trading Newsletter - 5/30/06
by: eddie0816.
We'd like to start by wishing you a Happy Memorial Day. We hope you had a great extended weekend, we sure did. Between the barbecues and the boating and the sweets...well, life is good.Ok, so how has this month's trading been? Well, $firs...
Trading In Black And White Forex Trading Newsletter - 5/11/06
by: eddie0816.
Tonight is the first night in a long while that we will look to go short on cable. We believe Mr. Bernanke said what most people wanted to here and that his statement will satisfy most traders. There are several reasons apparent on the c...
Trading In Black And White Forex Trading Newsletter - 5/25/06
by: eddie0816.
We had another great night of trading last night. After sitting out 2 nights ago, we found a safe entry level at 1.8830 and went short. We were almost stopped out (1.8870), but, thankfully, that didn't happen.Within a few hours of reaching...
Trading In Black And White Forex Trading Newsletter - 5/19/06
by: eddie0816.
Well, another great day of trading. Our resistance level of 1.8900 held beautifully at around 3:30 am EST. In fact, the high on Cable on our trading platform was 1.8906 up until the news releases began.We took our short at 1.8900 and cover...
Trading In Black And White Forex Trading Newsletter - 6/8/06
by: eddie0816.
It seems, still, as if many of you are not getting all of our newsletters. This, of course, is a problem. We have been in contact with our list management company, and they say that the worst of it should be over.However, if you do not rec...
Trading In Black And White Forex Trading Newsletter - 6/12/06
by: eddie0816.
Happy Monday. We hope you all had an awesome weekend and that we can get our week off to a nice start.Just a quick recap of our trading from last week. We did not get into many positions. In fact, we only entered into one.It was a short at...
Trading In Black And White Forex Trading Newsletter - 5/16/06
by: eddie0816.
Ok, so be honest. How many of you thought we were crazy when we said look for mid 1.8700's. Well, hopefully you caught the bottom of the move from yesterday and jumped on for the ride.However, don't beat yourself up if you didn't get in. R...
