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Calling all humans! I, Robopip from the land of Beep Bop-Bzzzt-Beep, shall be backtesting the winning system for January's Best Forex Trading contest. Here's what I'll be doing...
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I see the EUR/USD in a state of transition and not to be left out...I see the U.S. Dollar Index in the same transition. While the EUR/USD is moving sideways at the BOTTOM of its range, the greenback is doing it at the TOP of its uptrend.
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With Greece one step closer to drafting a debt deal, I think it's time to hop on the euro bandwagon! This time, I'm going long as EUR/JPY seems to be breaking past the 102.00 handle!
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I think by most conventional measures, used by most professional investors, European Central Bank Chief Mario Draghi has been a success. He has bolstered the returns for equity funds considerably since his decision to utilize a three-year term, instead of one year, in the ECB recent liquidity injection to European banks.
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Always on the go and have no time to trade? Check out these three useful forex mobile apps to help satisfy your trading urge!
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It was the combination of events from both Europe and the US to finally push traders to finally break the 1.3200 level.
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Unfortunately it was another one of those "sit on the sidelines" days for me. With the trend switching on us, it actually might be a good thing to be out of the market at the moment. See how it all went down in today's Cowabunga Surf Report.
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Whoa, did we just see a reversal in risk sentiment? Read all about what happened to your favorite currency pairs here on my daily fundamentals report!
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Japanese officials always make sure that we know that they're upset about the yen getting too strong, but we haven't seen the BOJ openly intervene in the markets since March 2011. Do you think they're all bark and no bite? Think again.
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Need some help makin' some pips? Never fear, Big Pippin's here! Here are some sweet setups on AUD/USD, NZD/USD, and USD/CHF!
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With the first month of the year in the books, now is as good a time as any to evaluate your trading resolutions for 2012. Were you able to stick to them? If you weren't, don't fret. It's all part of the process of change after all.
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Is the Kiwi rally overdone? By the looks of its daily chart, it sure seems so! I'm keeping my eyes locked on NZD/USD for now to wait for reversal signals before I actually jump in.
The Loonie Adventures of a Forex Noob
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Round 5... Fight! For my fifth trade idea this year, I'm going to trade EUR/USD. The pair just broke out of its consolidation and is looking like it is poised to go higher!
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