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Find Out All About Forex Trading
Trading flags and pennants by the numbers
In the forex trading market, a sharp breakout by a currency pair sometimes indicates more to come. Ed Ponsi, in his excellent manual Forex Patterns & Probabilities (Wiley Trading, 2007), likens it to galloping up ten flights of stairs in that one is likely to pause at the halfway […]
A US$700Bn bailout package was finally passed on Friday; however, restoring normalcy to global markets will take time and liquidity remains difficult, keeping bullish pressure on USD and threatening more banks than the five that failed this week in Europe. Fundamental data reflecting a deepening of the global slowdown was mostly ignored.
The RBA meets Tuesday […]
