Forex Bull

Student?s Question: Quite often the daily chart will show the opposite trend to a 60 minute or 15 minute chart – am I holding a big position by relying on the daily chart while missing out on all the shorter term trends .

See original here: Identifying Trades with DailyFX 01.02.09 (Daily FX)

As computers and software applications have become more powerful, traders develop complex mathematical algorithms to help them increase profits and decrease risk. Let’s take a look at them in more detail… The first point to consider is this – in the last 30 years of trading the number of traders who lose (95%) and the number

There are many who say you can make regular profits every single month and its one of the biggest myths of Forex trading. You can make a lot of money but you need to be prepared for the reality of how the Forex markets work to make money… The Forex markets are moved by humans and

2008 has been a crazy year in the foreign exchange markets and hopefully 2009 will bring more steady times for the global economy as a whole. The tremendous amount of fiscal and monetary stimulus that central banks around the world have doled out should begin to have their effect in the second half of

How Did the British Pound Trade in 2008?

How Did the Euro Trade in 2008? Exactly one year ago, the Euro was trading at approximately 1.47 against the US dollar, 5 percent higher than current levels.

Slovak banks did brisk business as they opened on New Year’s Day for a very special occasion — issuing euros to citizens eager to get their hands on the country’s new currency.

Yesterday, the Forex Blog reported that the Yen could soon peak as a result of renewed interest in the carry trade.