How To Trade Forex Without Forex Robots Or Signals

They use expensive, automated systems that could be considered distant relatives to the forex robots and signal services that are widely available to retail traders. And since forex trading has been made available to retail traders due in large part to the evolution of technology, it’s really hard for some forex traders to imagine life [...]

FOREX: Dollar Attempts a Weak Recovery on In-Line 1Q GDP Reading, Risk Trends Still the Critical Catalyst

FOREX: Dollar Attempts a Weak Recovery on In-Line 1Q GDP Reading, Risk Trends Still the Critical Catalyst The dollar nearly won its first bullish close this week through Thursday’s close; but a positive bearing on the benchmarks for risk appetite would prevent such relief. Without a meaningful position of fundamental support for the greenback, there [...]

Forex: EUR/USD: crawling higher, approaches 1.4880 high

Forex: EUR/USD: crawling higher, approaches 1.4880 high FXstreet.com (Barcelona) – Euro pullback from 16-month high at 1.4880 reached yesterday, found support at 1.4775, and, after regaining the 1.4800 level on Asian session, the pair has extended Read more on Nasdaq Forex: EUR/CHF: Double top at 1.2960 – FXTimes FXstreet.com (Barcelona) – Euro recovery from yesterday’s [...]

FOREX: Dollar Tumbles after Bernanke Curbs Speculation of a Timely Stimulus Withdrawal, 1Q GDP Due

FOREX: Dollar Tumbles after Bernanke Curbs Speculation of a Timely Stimulus Withdrawal, 1Q GDP Due I had high hopes for the Fed’s rate decision and Chairman Bernanke’s press conference this past session; and we weren’t disappointed. Given the dollar’s already crippling lows heading into the event, it would have taken a significant event to either [...]

Forex EUR/USD – What are the Fundamentals that influence this pair?

Question by Emiliano J: Forex EUR/USD – What are the Fundamentals that influence this pair? What are the fundamentals news that make a influence in the EUR/USD pair and how it does it? Could you give me a list of fundamentals and the way (positive/negative) each influence this pair? I have problem, because I am [...]

An Intraday GBP/JPY Descending Triangle is Creating Scalping Environment

An Intraday GBP/JPY Descending Triangle is Creating Scalping Environment The GBP/JPY has seen steady appreciation over the past two days despite Bank of England monetary policy minutes showing that quantitative easing is expected to continue following worse-than-expected GDP data for the fourth quarter of 2010. Read more on Daily FX via Yahoo! Finance

Are you a Technical or a Fundamental Trader

In essence, whether you are a trader or an investor there are two ways to approach your trading and investing decisions. Both have very different views in the techniques they use to assess market conditions, and the direction an instrument may take. Needless to say both schools are equally disparaging about the other, and both [...]

Fundamental Analysis on Forex Trading

It has become imperative for every forex trader to learn how to predict the price trend and which method or software is the best. When you do forex trading, it is very important to understand the difference between fundamental analysis and technical analysis. A quick explanation of the difference among the two types of analysis [...]