Inside bar trade…
February 15, 2010
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+15 pip scalp…
February 14, 2010
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This week was a mixed bag, and as always the news differed from nation to nation.
February 12, 2010
There has been a lot in the news to cover this week, and we’re not talking just about the lead up to the Winter Olympics. The economic news from both the conventional reports, and from other news worthy stories, have had a major impact on investment and trading markets across the board this week. China has stepped in again to limit credit in an attempt to slow down their economic growth and prevent the economy from growing too fast and from becoming too leveraged on loans, credit, and interest. This has had a particularly strong effect on international stock markets and trading this week.
The news wasn’t relegated to Asia, as the EU has finally said they would help the nation of Greece with their debt problems in a bid to avoid the same disaster that happened when the nation of Iceland went bankrupt in 2008.
There is still general hope for some nations that positive retail sales early in 2010 may help spur job creation and GDP growth, and the full impact of the massive Toyota recalls has still yet to be fully experienced, but is of great concern to a lot of people.
Even beyond those stories, there is still plenty of news that has come from the normal economic reports that were released this week. So before you kick back to enjoy the beginning of the 2010 Winter Olympics, take a look at your fundamentals and technicals, close out those positions you won’t be paying attention to, and have a good look at this week’s installment of the week in review.
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Grab your +43 pips now…
February 11, 2010
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Scalping the USD/JPY regardless of direction…
February 10, 2010
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Swing trade setup…
February 9, 2010
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Inside bar pull back trade…
February 8, 2010
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Massive worldwide recalls have many people worried.
February 5, 2010
Well hello again, and as the days fly by we’re already looking at another week gone by, and as always there was plenty of economic news both from the fundamental reports affecting the Forex market, as well as general economic news. Toyota definitely made a huge splash in the news, but never in the way that a car company wants to. Massive worldwide recalls have many people worried about the future of this company, as they are taking a huge economic hit at a time when most car manufacturers aren’t in a position to be taking that type of a beating. In other news, Pepsi has decided that the cost of a Super Bowl ad isn’t worth it anymore, and for the first time in many years they won’t be buying ad space during the big football game.
The flurry of various economic reports has created mixed results in the American stock market, and as of this Friday the price of oil has fallen for three straight days. The BAE defense company is going to end up paying $400 million in fines to settle regulatory charges in both Great Britain and the United States.
There was also a huge variety of economic reports released this week by the major nations whose currencies are being traded in the Forex market. So without any further wait, and with no threat of a massive recall, here is this installment of the week in review.
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Take +100 pips…
February 4, 2010
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Correlation type trade…
February 3, 2010
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