“If you tell people something enough times, they will begin to accept it as truth”. This familiar quote sounds like something spoken at the board meeting of some Madison avenue marketing firm or maybe this saying hangs over the entrance to Rupert Murdoch’s office. Yes, my friends, it strikes right at the heart of our [...]
No exceptions. You see, using automated foreign exchange trading systems for trading makes it safe because there is nothing to fear because there is nothing to lose. This ought to tell you that trying to have a technique with the pressures of not losing funds is distracting. You won’t sit there and lose funds in [...]
Zulu trade is in the business of trading Forex by managing Forex investment accounts automatically by helping forex traders to make investment decisions that will make them money. Before you select any managed account service or any trading system programs, there are some factors that should be checked before you invest in Forex. Act like [...]
Sunday, September 26, 2010 LET’s LOOK AT THE EURO Using my Elliott Wave Principle fundamentals can give us an edge on predicting future movement of the financial markets. ELLIOTT WAVE PRINCIPLE COUNT With Friday’s big surge in stocks, their close on the highs, and strong uptick in volume breaking above 1 billion shares on the [...]
Thursday, September 23, 2010 MORNING UPDATE The decline from the Tuesday high so far looks corrective. A break above 1137.22 will really make it look like a 3 wave drop, correction (EWI Tutorial, Section 3.4). If so, a break to a new high on the week is imminent. Also, the Nasdaqs are leading the charge [...]
When analyzing the Japanese candle stick graphs we usually pay attention on the historical trends of the certain currency pair including the support and resistance levels. The historical rates gives us more or less precise information about what we can expect from the market in the nearest future and trade accordingly. If watching a candle [...]
· US Dollar remains resilient as currency traders unable to force major greenback sell-offs · Dollar strength directly tied to the global carry trade and the Dow Jones Industrial Average · Do you think that the carry trade will continue to gain? Vote in our forex forum. To discuss these or any other FX topics [...]
Key Points · Dollar Falls on Signs of Stabilization in Carry Trade – Tomorrow eyes significant event risk · Carry trades bounces, but has overall risk appetite returned? · Check out our new and improved Weekly Calendar! To discuss these or any other FX topics with the DailyFX analysts, check out the Forum Tags: AUD, [...]
Key Points· Japanese Yen Continues to Steal headlines – Rallies against all except dollar · Carry trades unravel on risk aversion – Carry Basket Drops Considerably · Check out our new and improved Weekly Calendar! Tags: AUD, Aussie, Better Use Charts – Use Charts Better, cad, currency trading, dailyfx, EUR, Euro, forex, forex blog, forex [...]
· US markets sent reeling with the Dow, S&P down over 2% and Treasuries rocketing higher · How will Friday’s US GDP report impact the bond, forex, and equity markets? · Carry trades unravel on risk aversion – how will tonight’s Japanese CPI report fare? · Check out our new and improved Weekly Calendar! To [...]