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Find Out All About Forex Trading
Oscillators such as the relative strength index (RSI) and the momentum indicator, in a sense, measure the emotional pulse of the forex trading market. As hope and fear wax and wane by turns in the marketplace, the oscillators respond by indicating the level and strength of each emotion and the speed of its passing, giving [...]
A quiet week in the forex trading market, with many currency pairs consolidating within ranges or retracing.
Australian data showed −3.3% q/q in dwelling commencements 1Q2008, however 4Q2007 was revised up to 4.2%. The WMI leading index, at 2.8% in April, was below trend of 4%, and industrial surveys reflect slowing domestic demand, scaled back capex [...]
Proper money management is essential to prevent losing one’s shirt within the forex trading market. Placing ill-considered trades and risking more than a calculated percentage of one’s funds, the two most common money-management errors, will rapidly result in a financial wipeout, whereas following the laws of probability can result in, if not an equally rapid [...]
Another dramatic week in the forex trading market, with rhetoric from multiple central bankers forcing traders to reconsider expectations of rate cuts in the U.S. and Eurozone. Broad-based strengthening of the U.S. dollar lowered some commodities prices, including crude oil, further helped by a promise from Saudi Arabia to increase production within the month to [...]
Fundamental analysis is the study of a nation’s economic data with an eye toward setting a value on its currency relative to those of other nations. For example, with the United States hovering on the cliff of a recession and its national debt deepening, the forex trading market has decided that the USD is worth [...]
A dramatic forex trading week, with easing risk aversion and greater stability for equity markets collapsing on Thursday with the press conference following the ECB’s interest rate decision, spurred on by unexpectedly weak U.S. unemployment data and another surge in commodities prices as institutional investors sought hedges in gold, crude oil, and other commodities against [...]
The concept of hedge trading is simple enough. Market mavens estimate that most currency pairs move within defined ranges for approximately 80% of the time. When a breakout from such a range occurs, it tends to be sudden and sharp, the sort a trader wants to catch; however, for those who cannot sit and watch [...]
This was a week of restructuring financial expectations in the forex trading market, with volatility lowering and confidence rising as both turmoil and surging commodities prices eased. A number of currencies were revalued by the market as inflation concerns beat out growth worries, and forecasts of future rate cuts changed to expectations of rate hikes.
The [...]
