Month: April 2015

All of my GMI and GMI2 components are positive. The QQQ and SPY have now closed back above their 10 week averages. Time to trade on the  long side again,…

I was on RT Boom/Bust yesterday with Erin Ade, and got to talk about:AppleThe “Tech Bubble”The “Bond Bubble”Different sectors of the stock market, and their prospects.This was the first half…

From a psychological point of view nobody wants to sell at a loss as in most situations in life making mistakes and admitting them is associated with being a loser.…

The USD/CAD continued to appreciate in the Asian and European sessions at it hit highs of 1.2650. The American session open saw a retracement as the USD was sold off…

Friday’s price action has allowed DIA and SPY to breakout out of the overhead resistance it was facing the last two weeks. With this breakout, the two indicies have clear…

Earnings Guidance The stock market will be looking for clues about the strength of the U.S. economy when several big name companies report earnings this week. Monday: Pep Boys (PBY)…

Ahhhh, going deep down the conspiracy trail on a Monday morning. What could be better. Zero hedge laid out two posts that got my juices flowing this morning. Fun stuff…

EUR/USD Current price: 1.0565 View Live Chart for the EUR/USD The American dollar started the day with a strong footing this Monday, albeit ended the day up mixed across the…

On Thursday, I highlighted the March lows as a potential key level for EURUSD following the break below the double top that had formed over the prior few weeks (EURUSD…

FXCM, the parent company of DailyFX, has made its real trader volume data available to all users. Our new report shows volume executed by price to illustrate its importance to…

We shorted GBPUSD again: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Mar 31, 2015 at 7:49 AM Subject: New order To: GBPUSD Sell 1.4779 SL 1.4821 P1= 1.4762 P2= 1.4742 This…

We are also searching good opportunity today as the last day of the week. In the meantime we have closed another good forex signal with profit. This signal was onn…

PMI Disappoints, ADP Disappoints, Is the S&P 500 Next For Currency Markets? On Wednesday, the US dollar dropped against most other major currencies in the wake of news that US…

Chinese Imports and Exports Down 12-15{01de1f41f0433b1b992b12aafb3b1fe281a5c9ee7cd5232385403e933e277ce6}, Hard Landing In The Works? GBP/USD is currently trading at about 1.4600, the EUR/USD is at about 1.0518 and GBP/EUR is trading at about…

Have you ever wondered how the very best foreign-exchange investors seem to know exactly when to make specific trades on the foreign-exchange marketplace? Have you ever felt like you were…

[…] Free Forex Signals | Free Trading … – Free Forex Trading Signals are offered for the following instruments: EUR/USD, GBP/JPY, USD/JPY, GBP/USD, EUR/JPY, AUD/USD, GOLD, US30, NIKKEI and OIL….…

Quantitative Forecast Academic studies have shown that the most reliable way to determine future price movements from past price movements, is by use of momentum. In the Forex market, a…

EUR/USD (Last Price: 1.0564) SELL, Entry = 1.0593, SL = 1.0633, TP = 1.0553 if wrong then BUY, Entry = 1.0633, SL = 1.0593, TP = 1.0673 GBP/USD (Last Price:…

Updated from its original posting on 2008-03-08 Have you ever ditched your forex trading plan? If not, you should read this anyway because you’re most likely lying. If you have, why…

Now it is a small stable economic growth in the UK. Unemployment is on the low level, property prices increase, wages rise quite moderately, but inflation is at around zero,…