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Archive for May, 2008

Trading a choppy market: hedging all bets

Recently, the forex trading market has been exceedingly choppy, with the price action of many major currency pairs vacillating between support and resistance levels without much rhyme or reason behind the movements. It’s a major challenge for the forex trader, particularly those new to the game, to escape the moods of the market with one’s […]

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Forex Trading Market : 23 May 2008

Commodity prices dominated forex trading this past week, the price of crude oil in particular sending the currencies of export nations higher and weighing on others. With higher energy and food prices forcing up global inflation and traders reconsidering the possibilities of interest rate changes within various nations, many currency pairs consolidated within narrow ranges.
The […]

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