January 30th, 2009 by admin
http://forexauto.info Forex is probably the largest market on the planet and it is always changing, worldwide, 24×7. This aspect is one of the things that makes forex so exciting. With that kind of activity, it is not always predictable, but you need to understand the market so that you can jump on profitable trades and minimize your losses in losing trades, which is all based on the strategy that you utilize. The best Automated forex trading software is forex autopilot. I have been using it for a year now and I typically make around 3000 dollars per day. If you are serious about forex trading, Id urge you to check out forex autopilot.
Duration : 0:1:0
Posted in forex capital market | 1 Comment
Greenback Falls as Stocks Fall and Risk Aversion Returns
Forex TV – RBC Capital Markets’ Davis discusses USD softness vs. EUR and GBP. Fundamental & technical analysis: EUR/USD, EUR/GBP, GBP/USD, USD/JPY, EUR/JPY and AUD/JPY.
http://tinyurl.com/66bld7 Forex Autopilot – Robots Trading The Forex Market.
Forex TV – The USD extended gains vs. the EUR, GBP, and traded lower vs. the JPY. EUR/USD declined to the lowest level since late Jan. Meanwhile, the BOC left rates unchanged at 3%. RBC Capital Markets’ Strauss with his Fx outlook.
http://tinyurl.com/66bld7 Forex Autopilot – Robots Trading The Forex Market.
Forex TV – The USD bounced off intraday lows. U.S. equities remain sharply lower, as markets digest the latest Wall St. turmoil: Lehman Brothers filing for bankruptcy, BoA reaching a deal to acquire Merrill Lynch. RBC Capital Markets’ Davis with his Fx forecast.
Forex TV – RBC Capital Markets’ Strauss weighs in on the BoE & ECB rate announcements, and discusses the EUR and GBP declining vs. the USD. Fundamental analysis: JPY, AUD, NZD, and CAD.
After GBP GDP was released the GBP/USD spiked within a 17 pip range over the next 5 minutes. After the first 5 minute candle we identified support & resistance, and planned a trade setup based on a break of those levels. After a break through the upside price trap we were able to initiate a relatively low risk vs. high reward trade plan with confidence. The result did not exactly follow through to our eventual target cleanly, but depending on each member’s exit strategy netted us anywhere between 15-60 pips. A successful trade nonetheless. This video can help show how using multiple time frame S&R areas in addition to shorter term confirmation charts can provide the confidence to take a position on a fast moving breakout trade for some nice, easy, stress free pips.
http://www.automatedfx.net