A Look Back At Forex Trading - 4/10/06
by eddie0816.Well, another week of chart watching is coming up. I look forward to nailing these support and resistance levels again.As I will discuss later, it is important not to be lulled into a state of laziness due to the fact that we are near the same price ...
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A Look Back At Forex Trading - 3/28/06
by eddie0816.We are starting to sound like a broken record, but Cable is in a very tight trading range. It is really difficult to make profit targets when the daily range is less then 50 Pips. For most of the day it was less than 40 pips. With that said, once ...
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So Hows The Euro Doing In The Forex Markets
by nitron.What is the Euro? The single currency of the European Economic and Monetary Union (EMU) introduced in January 1999. EMU members are Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain.The use of a...
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A Look Back At Forex Trading - 3/24/06
by eddie0816.Due to the overwhelming success of my last look back at Forex trading, I am releasing another. There will be a new released every day, except weekends, so you could continue to look back at how we find great trading levels.We are firmly in a downtren...
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Technical Analysis of the FOREX Market
by harwich.In FOREX trading there are two common types of analysis that most traders utilize, they are fundamental and technical analysis. Fundamental analysis attempts to predict currency movement based off of political and economy indicators. Technical anal...
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Forex Enterprise Review
by cflwaves.Everybody knows that the Internet is the best place to make money - lots of it and quick. But not many have grasped the idea or really spent the time and effort to harness its power. Forex enterprise is a unique program that lets you tap into this ex...
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A Look Back At Forex Trading - 4/04/06
by eddie0816.Last night is what we call a good no trade night. Remember taking no trade is taking a position, and often the safest position. We had several good reasons to take a short position around 1.7360. Unfortunately the market just dropped, all night, n...
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A Look Back At Forex Trading - 4/25/06
by eddie0816.When I look at the charts tonight I think of my favorite Led Zeppelin song, The Song Remains the Same. Cable will once again be testing the resistance around 1.7935. If this sounds familiar it should, we have been tell you about this since last Thur...
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Forex Trading History
In 1967, a Chicago bank refused a loan in pound sterling ? sought by a college professor by the name of Milton Friedman. He had intended to use the funds to short the British currency. Mr. Friedman had perceived sterling to be priced too high again...
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