Forex Trading Blog

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Arab culture is the problem. Arab culture which created the political fascism called Islam and the inane and quite mad book now propagated as ‘holy’ called the Koran is the problem. Read more..

There has long been the discussion over the benefit and disadvantages of hand dryers and paper towels – which is better for the environment/cheaper/more hygienic. Both carry an environmental cost, but overall it is the hand dryers that use less energy (and therefore have a lower carbon footprint) than paper towels – including the transformation and manufacture. Read more..

You need to be careful about what you are doing when it comes to putting your personal information online. Read more..

Here’s a full review on MLM Leads – Generating Targeted, and Quality MLM Leads for any home based business. It’s also the way the top producers in the network marketing industry are adding 20-30 reps a month into their home businesses consistantly. Read more..

Mizuho’s technical analysis: Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200) Danske’s technical analysis: Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the [...]

Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200)

Danske’s technical analysis:
Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the stops at 1.5530 or change trade direction if price breaks it. Profit target for this sell (short) entry is 1.5400.

Ino MarketClub’s Trend analysis:
Strong Down Trend (score -100)

Points to watch from my pivot-calculation are the 3rd resistance (1.6207) and 1st support (1.5533)

At the time I wrote this, gbp/usd price was ranging around 1.5770. My plan is to place long order if price breaks 1.6200. Anticipate-stops will be at 1.6100. I will place short order if price breaks 1.5530. Anticipate stops will be at 1.5630.

Please note that this is just a trading idea, I do not execute trade solely based on this. I write this in purpose to show you (especially novice traders) about how I make use of the free technical analysis data for my intraday trading.

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It may be hard to believe, but the fact is that the Indian movies are a huge hit even in the Chinese markets. And with World Trade Organization urging China to welcome entertainment exports from the United States, India too can look forward to cash in on this opportunity. Though WTO ruling was in reply to a US complaint, India too can look forward to gain maximum leverage out of it. Read more..