In more ways than one, the forex market is like a battlefield. Just as in warfare, the elements of risk, uncertainty, and danger in forex trading are always present.
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Since my stop adjustment last week, EUR/CAD moved into an area on the chart that invalidated the trade & closed me out. Here's my forex review.
Typical of FOMC decision days, volatility was tight but there were a few directional moves for forex traders to grab a few pips from.
Since NFP Friday is fast approaching, it's about time we take a closer look at the U.S. labor market and figure out how the upcoming jobs release could affect dollar movement.
Breakouts or fake outs? See for yourself by taking a look at these potential forex plays on GBP/USD, NZD/USD, AUD/NZD!
If thinking is the process of asking and answering questions to make good forex trading decisions, you better make 'em good questions, right?
It was a mixed week for the HLHB Trend-Catcher System as it gained pips from EUR/USD but lost some to GBP/USD. Here are the details.
Looks like sentiment is shifting for the Pound, & with the Greenback finding support, I'm switching my focus to a different forex opportunity.
If you're planning on trading AUD/USD, USD/CAD, or NZD/USD, don't forget to mark these potential inflection points and forex market events.
Greetings, earthlings. I'm sure you've been waiting for the results of my forward tests on the Amazing Crossover system... and here they are!
Correcting lower in minor wave (c) of 2; with scope to 1.0615, but targeting to 1.0683 (61.8% retrace).
Why did the NFA decide to prohibit the funding of forex accounts through credit cards? Should you be concerned?
Unfortunately I took one loss today, but considering how choppy the market was, the Cowabunga System kept me from losing any unnecessary pips. See how it all went down in today's Cowabunga Surf Report.