Forex

8 RULES FOR A NEW FOREX ACCOUNT

by Michael on March 12, 2015

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A friend of mine who wants to start FOREX trading has just asked me what he should look for in opening a FOREX account. Whereas I am not an expert in this I did give him a list with my personal ideas of what he should ask for when searching for a Forex broker. My 8 (eight) […]

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EURUSD Analysis 2012.05.14

May 14, 2012

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2966) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2853), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2733).Short positions are favored for today.

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PLAN THE TRADE AND TRADE THE PLAN

May 11, 2012

One difference between a professional trader and an amateur is the TRADING PLAN. In a nutshell amateurs don’t have one. To WIN AT THE FOREX you must know before placing the trade, not only your desired entry point but also what you are trying to gain in terms of the number of pips. You must […]

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5 Reasons Why I Trade

May 3, 2012

I think there comes a time (especially when the market is in a downturn and the screens are red) when we all have to ask ourselves why are we investing / trading. It might be a silly question to most, but I decided to put pen to paper and come up with 5 good reasons […]

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EURUSD Analysis 2011.10.20

October 20, 2011
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[Forex-1 | Euro vs US Dollar] Currently, further bullish actions could be seen on EURUSD. A break below (1.37150) could be a threat to the bullish scenario targeting (1.34954) even (1.34554). On upside. Immediate resistance is at (1.37996). A close above that area should keep the major bullish scenario intact testing (1.38940) area.Longing EURUSD is advisable for today.

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EURUSD Analysis 2011.10.13

October 13, 2011

[Forex-1 | Euro vs US Dollar] We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.35725) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.38337) resistance.Buy on depth for today with a stop loss below (1.35725).

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EURUSD Analysis 2011.10.10

October 10, 2011

[Forex-1 | Euro vs US Dollar] It’s likely that EURUSD will decline. A break above (1.35345) could be a threat to the bearish scenario targeting (1.36380) even (1.37448). On the downside, immediate support is at (1.33305). Break below that area should keep the major bearish scenario intact testing (1.31638) areaShort positions are favored for today.

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EURUSD Analysis 2011.10.07

October 7, 2011

[Forex-1 | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.33305 – 1.32414). A proper confirmation would occur if the EURUSD will manage to close below the (1.33837) support over today`s trading session.Shorting EURUSD is advisable for today.

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EURUSD Analysis 2011.10.06

October 6, 2011
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[Forex-1 | Euro vs US Dollar] We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.31638). Another move back above (1.33937) could lead us to neutral zone.Short positions are favored for today.

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EURUSD Analysis 2011.10.05

October 5, 2011

[Forex-1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.32871), this would confirm continuation of the bearish trend, towards next objective downwards (1.32050) then (1.31638) and (1.30633) will follow.Look for short positions for current trading session.

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EURUSD Analysis 2011.09.28

September 28, 2011

[Forex-1 | Euro vs US Dollar] EURUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties. A close above (1.36780) will call for (1.37661), and Loss of (1.34694) sees (1.34184).We prefer to wait for break of upper or lower barrier.

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