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Sterling Uncertain Versus Other Majors Wednesday Morning
The sterling barely budged versus most other majors currencies Wednesday morning in New York as traders digested a slew of economic data from the UK.
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Forex Technical Analysis
Forex Technical Analysis 5
GBP/USD Update
As shown on the accompanying GBP/USD daily chart, after flirting with the long-term uptrend support line for almost a week now, price is still consolidating right around this major support line as of Tuesday evening in New York. 5
One in the Bank is as Good as Two on the Chart
My complete thoughts on why we take profits in our trades even if it goes against out system. I think you'll understand why knowing when to take profits at critical moments separates average traders from the great traders. 5
Eurozone Trade Records Deficit For Second Straight Month In
The Eurozone trade balance showed a deficit in June for the second straight month, but the gap narrowed from the previous month. 5
Chart of the Day for August 18th: EUR/AUD
Very interesting development on the 1hr candles for the EUR/AUD. Major resistance makes this a great play for a few pips to the upside after a good bear run since August 12th. 5
Core Trading Skills Part1: Candle Patterns
Running Forex4noobs.com I often get to speak to newbie traders about their trading systems. Sometimes I have to hold back laughter when I see these overly complex indicator based systems. Most traders do not know that the candles on their charts 5
Why the buck stops here
The dollar has had a nice run, but a soft economy is likely to cut the rally short. 
