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Forex Trading Blog Updates
Greetings, earthlings! I've just finished crunching the numbers on the Triple SMA Crossover system and I gotta say, this forex mechanical system could use a bit of improvement.
It's not what you may already have heard. It's not common, and it's certainly a road less taken...I think that's why it's worked.
Forex volatility spiked up some of the highest levels of the year last week, which may continue this week, creating more opportunities in the crosses.
Is the US dollar as the world reserve currency, becoming increasingly dominant and will it be likely with us for many years to come?
Heads up, forex fellas! The strong trends that we saw in the past few months might slow down towards the last stretch of the year, thanks to these three market factors.
With a big pop today in EUR/USD and forex volatility, I'm jumping in to play the longer-term downtrend at a potential resistance area.
It was a decent day as I went slightly positive off of one trade today. It wasn't a huge gain, but we can always be happy when our account goes up, no matter how small the gain is! See how it all went down in today's Cowabunga Surf Report.
Gaps... gaps everywhere! Yen pairs opened higher over the weekend, as risk appetite seemed to improve. Can this sentiment carry on in the forex market?
A quick review of financial market movements in the past couple of weeks reveals that traders seem to have lost their appetite for risk. Why did this happen and what does it mean for forex price action?
Let's start the trading week off with a few simple forex plays on EUR/USD, AUD/USD, and USD/JPY. Go on and check 'em out!
Since you should treat your forex trading like a business, it’s important for you to have a mission-vision statement to help you achieve your trading goals.
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.
The NFP week brought mixed results for the HLHB System, as it gained pips on EUR/USD but lost some to GBP/USD.