Eurozone Economic Sentiment Climbs To Six-Month High
Thursday, results of a closely watched survey showed that Eurozone economic sentiment improved for the second straight month in May after reaching a historical low in March. Meanwhile, German unemployment recorded a mild increase in May compared
MOT 91 Podcast - What Will You Do At The Fork In The Road?
All of us at one time or another have come to a fork in the road.It may be a real fork in the road during a trip. It may be a family decision issue. It may be a major situation within your business. It may happen while you trade.
How do yo
USD down vs Euro, up vs yen as sentiment firms
The dollar rose to a two-week high against the yen on Friday but fell against the euro and perceived higher-risk currencies as investors bet the worst is past for the recession-hit global economy.
Forex Trading Surging In 2009
Forex Trading is becoming more and more popular. New figures show that the uptrend continues in 2009, despite the recent stock market recovery. Here's the state of the forex market.
The Definitive Oil ETF Guide
The wild roller coaster of crude oil prices makes for great financial news. There’s been a lot of buzz about oil ETFs in the past two years, but many investors are unaware exactly how they work. Here’s a “quick and dirty” guide to oil ETFs.
Doing the analysis
Analysis is very important in every human trade, although it is almost never easy to do and usually takes a lot of time. Analysis makes decision making a lot easier and the outcome is usually satisfactory. When trading on Forex, analysis is very
Why is Setting Realistic Forex Trading Goals So Difficult?
I have to outline why I think trading forex with realistic goals is so difficult, and hopefully give you a small bit of advice to help you stay in the game for much longer.
Japanese Manufacturer Sentiment Tumbles the Most on Record
Confidence among Japanese manufacturers slid the most in at least five years as a deepening global recession spurred record declines in exports and factory output, a government survey showed.
How China Could Use Currency as a Weapon
China’s currency policy is pretty far down the list of priorities for the U.S. Treasury staff. But it could be the turning point in this economic crisis — and for the worse.
Will Europe Join the Forex War?
In this deep economic crisis, everyone wants a weak currency. Europe’s export-oriented economy is suffering from a strong currency, especially after the moves from Switzerland and from America. Will they stay on the sidelines or intervene?
Daily FX Trade Update: GBP/USD
Good morning fellow forex traders, Sorry I did not post for quite a while because I am busy with my other projects that will be finishing soon. Okie, back to trade idea. GBP has been gaining its pips steadily for the past few days thanks to
Daily FX Trade Update: GBP/USD
I closed my short position around 0030 hour at 1.3813 hitting my trailing stop. Net position: Short 1.4123, covered back 1.3813 = 310 pips. I actually covered half of my position at 1.4073 (50 pips) Total gain from shorting GBP: 310 + 50 =


