News Sources wrote an interesting post today on
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The support down at the 1.4805 level found buyers (1.4803 low). The price has now moved back up to the topside resistance against the 100 barMA on the 5 minute chart. That level comes in at 1.4832. The market seems content to chop around with a upward bias still. The intraday movements are admittedly random at times and seems like in the hands of shorter term intraday traders. the 1.4844 level remains key above (2009 high before today) . The 1.4866 level remains key (the Sep 2008 high pri

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News Sources wrote an interesting post today on
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Currency trading and the access to the forex capital markets, because of capital requirements and the technology involved, was in the past open only to hedge funds managers, large commodity trading advisors, institutional investors, and banks. It is opinion of who writes that forex markets are not random and the efficient market hypotheses and [...] No Tags

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News Sources wrote an interesting post today on
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EUR Comment: Messy, random small moves at the upper edge of a ‘triangle’ consolidation pattern, though note that one-month at-the-money implied volatility has picked up a little. The Euro is no longer overbought though momentum is nil. We feel that the long term trend to US dollar weakness will resume, if not this month then in October. Strategy: Attempt small longs at 1.4275; stop below 1.4085. Short term target 1.4350. EUR/JPY Comment: Dropping again, trading below a thin Ichimoku ‘cloud’,

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News Sources wrote an interesting post today on
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Most traders lose money and that’s a fact, the savvy trader who makes money doesn’t work hard, he just works smarter than a losing trader. Here we will give you 6 tips they use to maximize your profits. 1. Focus on the Long Term Trends How many traders try and scalp and day trade? A huge amount but these traders are trading in random volatility in daily time frames and never win, they make a lot of effort but lose their money as the odds are against them. The smart trader knows the big

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Random Feed wrote an interesting post today on
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If you’ve been keeping up with my posts you should already know about the Forex MegaDroid robot. With that in mind this post will be brief. I just mainly wanted to let you all know that - as the title says - those of you who are interested can now purchase this product.

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