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Moving Averages Are Not So Average by GoLearn Forex Moving Averages – they are not so average EUR/USD and USD/CHF On Thursday of last week we saw the EUR and CHF finally break near term resistance. The EUR cleanly sliced through 1.50 and took out near term resistance around the 1.5055 handle. The CHF finally broke parity with [...] One of the free forex trading strategy is described in this article. It is in existence for the last 30 years and many forex traders have made and are still making huge profits by following it. Let’s have a closer look at this strategy. Forex strategies are essential and inevitable part of Forex trading. The strategy planning and implementation makes a Forex trader more sophisticated and wiser into this Forex trading business. Forex trading market is highly volatile market where currencies keep on changing every time. Hence it is not recommended to follow this business desperately with the emotions [...] USD Dollar (USD) The Dollar lowered versus most majors on Friday as Dubai debt concerns were reduced due to UAE’s pledge to back foreign and domestic banks in Dubai. NASDAQ and Dow Jones dropped by -1.73% and -1.48% after being closed on Thursday due to Thanksgiving. Crude fell by -2.45% closing at 76.05$ a barrel and [...] USD Dollar (USD) The Dollar climbed against all majors after Dubai’s attempt to reschedule its debt by 6 month caused Europe Stocks to drop heavily and spurred investors to seek the safety of assets perceived as lower risk. Stocks market in U.S were close due to the Thanksgiving holiday. Crude oil fell by 3% closing at [...] We all know that everybody hates to lose their hard earned money; all of us don’t even want to lose a singe penny. But the fact is there are people who lose quite a large amount of money in FOREX market. And unfortunately no one in this world is blessed with the great ability of [...] You all must have noted something about FOREX market and the thing about which I am talking about is that many of the millionaire traders like, Elder, Williams and some others are in fact psychiatrists by their profession. And if you are thinking that it’s a mere coincidence then you should go and see the [...] Greenback Makes Headlines by GoLearn Forex The U.S Dollar made headlines yesterday unfortunately for the Greenback it was not positive. The DXY, an index weighted basket of currencies against that Dollar, hit a low for the year touching just below 74.20 before a mild retreat. EUR and CHF both took out [...] USD Dollar (USD) The Dollar fell across the board after the Federal Reserve said the global recession is reaching its end and signaled it will tolerate a weaker Dollar, which encouraged investors to buy riskier assets. Unemployment Claims came out batter than the forecast at 466K vs.500K forecast and New Homes Sales climbed more than forecast [...] How can Forex trading business profitable when such a big amount of trades lose money? The answer is it can when you get the Forex education and adopt the correct mindset that most Forex traders fail to do so. Let us have a look at how you are able to get big profits from Forex [...] |
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