Items Tag - Forex 24x7

Forex Video - Pre London Outlook July 29th 2009

Hey everyone, for today’s London outlook I highlight a potential breakout for the Pound Swissy that should give us a nice trade on a daily level. Additionally I also analyze the Euro Yen and build a simple trend following trade plan. Nothing but basic trend analysis as well as support and resistance. Good luck today!! David Pegler

Tags:
Daily market commentary

July 29 2009, 2:10am | Comments »

FOREX VIDEO - New York Session Review - July 28 2009

The US dollar and Japanese yen staged recoveries which spanned from today’s London open to the London close. A worse than expected CB Consumer Confidence figure for July sure didn’t hurt those who were bullish on those currencies during the New York session. A 50-pip news scalp on the EUR/USD was one of several opportunities to profit in today’s currency market. Curt Wehrley FX Bootcamp’s Quantitative Analyst

Tags:
Daily market commentary

July 29 2009, 2:02am | Comments »

FOREX VIDEO REVIEW: London Session July 28th, 2009

Since the weekend I had spoken in length in the London FXBootcamp session about seriously developing 4hour MACD divergence on every Japanese Yen pairing I could pull up. About a third of the way into today’s London session we began to see hints of a change in direction, such as USD/JPY having an hourly lower high, then breaking it’s recent price trap’ support level in the 15m chart. In class we covered the trade plans for shorting the GBP/JPY, EUR/JPY, and USD/JPY, and any trader could have done the same on any or even a basket of JPY pairs. In this video however, I will cover just the GBP/JPY. I will discuss and show in detail what caused us to both look for the short ‘clue train’ in the first place, and ultimately the actual entry/trigger criteria we used to short the GBP/JPY , risking just 20 or so pips, amounting to a fairly painless ride to just over 100 pips, before offering another pullback for an additional 90 pips reload. Very nice trading session indeed for London, certainly well deserved after the choppy sessions we have seen of late in the London time frame. FXBootcamp London Currency Coach- Christian Stephens

Tags:
Daily market commentary

July 28 2009, 4:31pm | Comments »

Weekly FOREX Television Interview

I was at the Chicago Board of Trade this morning, hanging out in the S&P 500 and 10 Year T-Note trading pits. Therefore, I had to do this week’s interview from the back of a limo. Sorry for the cell phone audio. Click the image to see more photos. Click to listen to the interview: http://www.forextv.com/Forex/Video/Video.jsp?channel=41&movieid=48339

Tags:
Daily market commentary

July 28 2009, 6:38am | Comments »

FOREX VIDEO REVIEW: London Session July 24th, 2009

Today we open London in a rather choppy scenario short term, but once the GDP was released for Britain, the pound pairs proceeded to lose value quickly. After the initial strong news move we bounced solidly off recent lows and plotted a short trade plan off an overlapping resistance/Fibonacci zone that we simply had to wait for to occur. So in this video I focus on how we built our short trade plan on the GBP/USD, and used the EUR/GBP price movement to give us confidence in the entry itself. While it looks easy after the fact, the reality was this trade required much patience and discipline to WAIT for the setup to present itself. Perfect daily lesson of patience and discipline, as the end result was a relatively clean 80 pip trade that rewarded us for awaiting for price to fall into our trap. Today ended up a decent day afterall, but it sure felt like work. FXBootcamp London Currency Coach- Christian Stephens

Tags:
Daily market commentary

July 24 2009, 4:31pm | Comments »

FOREX VIDEO | NEW YORK SESSION REVIEW | July 22, 2009

Lower than normal volatility and a general lack of direction characterized today’s foreign exchange market. An 80-pip scalp trade on the GBP/JPY currency pair was about as good as it got for traders during the New York session. Curt Wehrley FX Bootcamp’s Quantitative Analyst

Tags:
Daily market commentary

July 23 2009, 3:10am | Comments »

FOREX VIDEO REVIEW: London Session July 21st, 2009

Today’s London session was kind of tacky other than the quite obvious British Pound weakness throughout the night. While the GBP/USD short paid nice dividends from the pre-London entry, in this video I focus more on a completely different trade on the EUR/JPY. However, we did use the GBP weakness in the form of EUR/GBP breaking resistance to give us our confirmation on the EUR/JPY long. This trade plan shows how price action will often respect previous area’s of resistance as support, in the form of role reversal. This entry was pretty much entirely predicated by this. Ultimately the trade only reached around a 40 pip profit, but it was a relatively painless wait for +15 or so, enough to protect break even, and enjoy a risk free trade. FXBootcamp London Currency Coach- Christian Stephens

Tags:
Daily market commentary

July 21 2009, 3:34pm | Comments »

Pre London Outlook July 20th 2009

Hey everyone, for today’s London outlook I have prepared a forex buffet of various breakout related trade plans. I analyze the Euro Yen, Pound USD, Cad Yen and Pound Swissy. Although we have seen some nice intraday volatility over the last few weeks we still don’t have definitive longer term direction to work with therefore I have constructed almost all breakout related trade plans. Good luck!! David Pegler

Tags:
Daily market commentary

July 20 2009, 2:09am | Comments »

FOREX VIDEO REVIEW: London Session July 16th, 2009

Today’s London session was extremely tedious and difficult. Quite a few of us experienced +15-25 pip trades come back to stop us out at break even or just slightly in profit. Essentially we had zilch for follow through during these 3 hours. However, there was one highly probable area of support showing up for the Japanese Yen pairings around 4:30am NY time, right in the thick of London’s market. In this video I demonstrate how we substantiated this support on multiple time frames, which means more traders are seeing the same thing, and subsequently built a trade plan after some short term higher low confirmation, to long the Yen pairs. Specifically in this video, the Eur/Jpy. Now the risk on this trade was just around 11-13 pips, while the conservative first target was only 36-40 pips away around the 132 region, 3-1 reward vs. risk ratio which is not terrible. The steady higher low’s on this trade allowed the confidence to stay in the long and keep moving ones profit stop under these lows. Now while this trade was a successful 40 pip trade or so, as luck would have it some positive JP Morgan news came out during the London lunch, and whammo a 40 pip trade was 125 pip trade in a blink. Had this news gone against we simply would have been plucked 20 pips positive or so due to a lower low. So while we have absolutely no way to know if a pair is going to reverse or not, this trade setup shows you how one can enter into a high probability setup, and should go a long way in helping some of you to leave some profit on the table if charts warrant it. What was a yucky London, ultimately was a great London lunch finish. FXBootcamp London Currency Coach- Christian Stephens

Tags:
Daily market commentary

July 16 2009, 4:17pm | Comments »

FOREX VIDEO | NEW YORK SESSION REVIEW | July 15, 2009

Risk appetite was in full swing today after Intel reported upbeat Q2 earnings and Q3 outlook just prior to today’s Sydney open. Although the EUR/JPY was mostly stalled during today’s London session, the pair extended its gains during the New York session. Traders who went long at the M4 pivot point at the US equity market open, then closed the trade when the currency pair reached its 4-hour 200 ema minutes prior to the London close, were rewarded with a profit exceeding 100 pips. Curt Wehrley FX Bootcamp’s Quantitative Analyst

Tags:
Daily market commentary

July 16 2009, 2:19am | Comments »

FOREX VIDEO | NEW YORK SESSION REVIEW | July 14, 2009

Lower than normal volatility and a general lack of direction in currency markets meant only snack-size profits during today’s New York session. A routine go-long-at-the-hourly-21 trade yielded a 40 pip profit before the London close. Curt Wehrley FX Bootcamp’s Quantitative Analyst

Tags:
Daily market commentary

July 14 2009, 11:58pm | Comments »

FOREX Book Review Contest: ENDS TOMORROW!

You will find the following information below: 1. Information about the FOREX Book Review Contest 2. Latest book reviews that have been posted.

About The Book Review Contest Help Other FOREX Traders & Win 3 Months of FX Bootcamp! Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1 Please leave a helpful review for FX Bootcamp’s Guide to Strategic & Tactical FOREX Trading. A good book review should not only indicate that you enjoyed reading the book, but it should also state specifically how the book helped you improve your forex trading. “This is the greatest forex book in the world” does show your passion, but doesn’t really help a potential reader that much. “This book helped me enter trades with the trend, target exits in advance using pivot points and treat my trading as a business” is much more specific and helpful. Remember, the point of the book review is to help other forex traders. FOREX Book Review Contest Details The author of the most helpful book review will recieve a free 3 month membership to FX Bootcamp (a $899.85 valute). Contest Rules:
A totoal of 100 or more reviews must be recieved by July 15th, 2009. (currently 31).
The book review should not “sales pitchy”.
The book review should clearly indicate how it helped your forex trading.
The book review should be detailed and specific, but no more than 250 words.
The book review must be accepted by and posted on Amazon.com (USA Site) If you post your review on Amazon.com in another country, please email me the link and, if nessasary, a translation.
I will select one that I like best. Amazon’s “Most Helpful” voting feature will be taken into consideration, so you can participate in the selection of the winner too. Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1
Acutal Book Reviews Posted First on list of books I would recommend for Forex, July 12, 2009

By R. Torti (Gulf Breeze, FL, United States) -

I have read several books on trading, technical analysis, and Forex, but this one has probably helped me more than the others put together. This book is a very easy read. I was able to get excited and not continually “nod off” as I was reading. The chapters are organized for a person who is limited to read short pieces at a time. Before picking up this book, I was familiar with many of the aspects it covered, but this knowledge was like having a hammer and not knowing what to do with it. This book provided some direction for me to actually successfully use the technical analysis knowledge I already had. Also, many common mistakes and bad scenarios were mentioned. Some of these mistakes mentioned caused me to laugh because they were almost identical to ones I had made. Most importantly, Wayne McDonnell, the author, gets into the psychology of the Forex trader. This inner aspect of trading is probably the single most important one. I highly recommend this book to anyone who is seriously wanting to have a career in Forex. I would consider it indispensable. Pushed me to the top of Trading, July 6, 2009

By D. Weiand (Detroit Michigan)

I was stuck at a point in my trading. I was missing something and I did not know what it was. I was searching for it and found this book. What sold me was that this book was not a beginners book, it was a intermediate/advanced book. Wayne’s story rung true with me. He struggled and finally saw the light. It seemed too good to be true. But I ordered it anyway. This was the best Forex decision I made. THe book covered the basics but a way that made it easier to understand. I devoured the book and took many things away from it that filled in a lot of holes. My Forex Trading has taken off tremendously. I have taken the Pivot points and the moving averages and applied them to my charts and it was as if a light went off. I could see it now. With this and the trade journaling advice in the book, I was able to even show my wife how to trade in no time. She trade off the pivot points like a pro. If you are looking for a book to put you over the edge into being a successful proffessional forex trader, I can’t recommend this book enough. Seek the Knowledge first and the PIPs will come later. I just wish I found this book sooner. A practical guide to trading, July 6, 2009 These days one can open a trading account with their bank or with an online broker. It’s all “easy”, goes the advertising. Yet the statistical fact is that 95% of novice traders fail. The truth is - it’s very difficult to make money as a retail trader. Still, I wanted to try and I needed to learn how. There are lots of ways to do that. Before I stumbled on this book, I read numerous other books, guides, and online resources. I was familiar with the basic terminology. I just did not know how to be profitable. “The FX Bootcamp Guide” taught me two most important things that I was completely missing before - planning and discipline. The book describes technical indicators, attempts to teach readers inter-market analysis and central banking, talks about trading as a business, and shows how to create a general strategy. The author makes a great job of it. But to me the most important lesson was to make plans instead of waiting for signals. If things go wrong, people tend to panic. I certainly do. But now I plan trades ahead of time and execute only when the planned conditions occur. No stress! This book convinced me to do that and taught me how. As a result my trading has greatly improved. If you feel that your trading skills could be improved, I recommend “The FX Bootcamp Guide”. Educational and Inspirational Forex Trading Book, July 5, 2009 There is so much information available both in print and on the internet today and having read some of these I purchased FX Boot Camp Strategic and Tactical Forex trading. I was pleasantly surprised how it’s clear and concise explanation of trading terminology, using simple and sometimes humorous analogies has for me put to rest some questionable trading myths. This book also gives an introduction into the psychology of trading and has offered me an insight into the psyche of the professional trader. The Basic chart set up gives a better understanding of how the use of Moving Averages in conjunction with other oscillators can help identify where the best entry and exit points are, which is without a doubt priceless. One of the best parts of this book for me, and there are many, was the section covering Currency Correlation as I have often thought that surely if one currency is going one way that there must be an equal opposite to this Ying and Yang principle and this book not only confirms this but also provides detailed explanations and examples of exactly this correlation in real market terms. Not only is this book a thoroughly enjoyable read it’s written in a no nonsense style which is easy to absorb and digest. This book has made me a more disciplined trader and has helped me understand the importance of Risk Management and Risk Analysis I would and have already recommended this book to other novice and seasoned traders alike. I have applied what is in this book and it works., July 3, 2009

By Bryan E. Heath “Bryan Heath” (Beverly Hills)

As Wayne McDonell points out - trading is similar to war. You take the high ground and wait for the enemy to approach. In this case it’s the trader on the other side of the trade who is the enemy. If you are interested in forex, or already trading, you will find this book a valuable resource. It helped me become a better trader. Writing in a clear and personally engaging style, McDonell makes sense of the fundamental and technical aspects of what moves currency pairs. He also comes equipped with an arsenal of useful charting tools that help a trader get the “feel” for the direction and speed of the market. The focus is on developing a plan for every trade: wait for price to come to you, determine when to enter, and when to take profit. A trading style aimed at making “conservative repeatable trades” is what is really at the heart of this book. There are a half dozen or so books available on trading that are worthwhile, and I have read all of them. Some focus on strategy and others on the psychology of trading. McDonell pulls it all together and covers every aspect of trading you need to become a successful trader. This book works well for traders at all levels of experience who are not consistently making successful trades. Some of the criticisms of the book are valid. But the faults are miniscule when compared to the tremendously useful and insightful content found in every chapter. If I could have only one book on forex trading, it would be this. Fisrt Forex Book purchased… A great place to start., July 3, 2009

By Russell W. Loomis (Portland, Or USA) -

I’ve followed Wayne’s free material via FXbootcamp/Youtube and Fxstreet for a year. When I saw that he was releasing a book I purchased it right away. He does a great job explaining why planning is so crucial to success (taking away the emotion from entering and exiting trades). You get great technical information in an easy to understand form. There is so much info packed into this book to give a beginner (like myself) a great overview of how the currency markets work. Wayne is a witty guy and it comes across in the book (it’s a fun read). Bottom line: Great place to start if you are interested in the Forex markets for trading or simply curious about why and how currency flows around the globe. Thanks Wayne for a great book. This book inspired me to follow my dream of becoming a trader, July 3, 2009

By Andreas Rytz (Switzerland) -

The hardest part of trading is to manage your “self” - facing your emotions and your doubts. This book has helped tremendously by giving me confidence and a feeling of “I can do this”! What really did it for me was to see how the author had to learn how to be successful on his own, with all the blood sweat and tears that come with becoming great at any subject. Only a person who walked the walk can talk the talk - or in other words, only a person that knows his or her subject from actual real life experience has something practical to teach. Wayne McDonell is laying out precise steps of how to set up a trade plan and how to execute your plan successfully. He gives you a conservative (and therefore “relatively safe”) trading method that can be repeated again and again. Some of the practical things I’ve learned include how to set up your charts with the same indicators that he is using, how to interpret what the indicators are showing, and when to pull the trigger. By experiencing that what is taught works and most importantly, by seeing that it is repeatable, I gained a new confidence. In here lies the greatest gift of this book, it gave me the conviction that “It can be done! It really is possible to make a life out of trading - because Wayne is doing it, and he can teach me how to do it too”! Complete Integration of Fundamental and Technical Analysis, July 2, 2009

By Leonid Warguez (Singapore)

I bought FX Bootcamp Guide to Strategic and Tactical Forex Trading last year by Pre-Order and ever since I got it, it’s my top book on Forex Trading for the following reasons: * Complete Integration of Fundamental and Tehnical Analysis * Helped me remove my emotions in trading * Learned to trade the news. * Learned Intermarket Analysis and Currency Correlations * Learned to create my own Trade Plan and Execute it. * Learned to trade conservatively and position myself on the higher ground and most especially pull the the trigger when the opportunity presents. * Learned Relative Strength Analysis of the currencies, and from there Im able to trade any currency pair with the right speed and momentum. I read the book 3x so far, and my goal is to read it 7x over. I highly recommend this book to everyone! Thanks Wayne for writing this book. This is by far the complete book in Forex Trading.

Tags:
Daily market commentary

July 14 2009, 5:05pm | Comments »

FOREX VIDEO REVIEW: London Session July 10th, 2009

Asia into London found us simply continuing the recent Japanese Yen strength against all comers. While shorting any of the Yen pairings was very viable, in this video I highlight how we built a trade plan around shorting the Eur/Jpy just after the London market opened, which ultimately reached our target of today’s M1 reversal pivot point. This completed a 38.2 Fibonacci to a 161.8 Fibonacci extension on today’s London trading, daily m1 pivot point, and overall 78.6 Fibonacci retracement level on the daily chart from the low two days ago. All of this overlapping support made it an easy profit take at this point, we will see what happens after the NY morning. Fitting end to a fantastic week of trading, have a great weekend! FXBootcamp London Currency Coach- Christian Stephens

Tags:
Daily market commentary

July 10 2009, 9:11pm | Comments »

FOREX VIDEO REVIEW: London Session July 8th, 2009

Today we found ourselves hitting support just as the London market opened while were were still in the midst of a solid 4hr/daily downtrend on cable and the yen pairings. While there is no reason to think the downtrend is over, the charts were certainly showing many clues of needing to hit some upper support, such as the 1hour 21 ema or daily 5ema, in order to continue it’s strong downtrend. So throughout London we adopted the ‘Scalp up, so we can Spot trade down’ mentality. In this video I focus on just one of these trades we took as a countertrend scalp, which made as much as around 45 pips before stopping us out at MAP (minimal acceptable performance) of 15-20 pips. The rest of London ended up being a nasty range until London lunch, looking very much like we will have some strong entries south sometime during the New York session as the hourly 21’s are nearing price action. It was an extremely difficult London session that required intense patience and discipline. Difficult, but still there were pips to be had, even if follow through was non-existent. FXBootcamp London Currency Coach- Christian Stephens

Tags:
Daily market commentary

July 8 2009, 8:09pm | Comments »

FOREX VIDEO | NEW YORK SESSION REVIEW | July 7, 2009

Although the US dollar lost ground against most major currencies during today’s European session, the reserve currency recouped those losses during the New York session as risk aversion enveloped the financial markets. The descent of the EUR/USD currency pair from the M4 pivot point to the central pivot point delivered two short trades totaling more than 100 pips. Curt Wehrley FX Bootcamp’s Quantitative Analyst

Tags:
Daily market commentary

July 8 2009, 3:08am | Comments »

FOREX Book Review Contest: UPDATE

You will find the following information below: 1. Information about the FOREX Book Review Contest 2. Some of the book reviews that have been posted.

About The Book Review Contest Help Other FOREX Traders & Win 3 Months of FX Bootcamp! Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1 Please leave a helpful review for FX Bootcamp’s Guide to Strategic & Tactical FOREX Trading. A good book review should not only indicate that you enjoyed reading the book, but it should also state specifically how the book helped you improve your forex trading. “This is the greatest forex book in the world” does show your passion, but doesn’t really help a potential reader that much. “This book helped me enter trades with the trend, target exits in advance using pivot points and treat my trading as a business” is much more specific and helpful. Remember, the point of the book review is to help other forex traders. FOREX Book Review Contest Details The author of the most helpful book review will recieve a free 3 month membership to FX Bootcamp (a $899.85 valute). Contest Rules:
A totoal of 100 or more reviews must be recieved by July 15th, 2009. (currently 31).
The book review should not “sales pitchy”.
The book review should clearly indicate how it helped your forex trading.
The book review should be detailed and specific, but no more than 250 words.
The book review must be accepted by and posted on Amazon.com (USA Site) If you post your review on Amazon.com in another country, please email me the link and, if nessasary, a translation.
I will select one that I like best. Amazon’s “Most Helpful” voting feature will be taken into consideration, so you can participate in the selection of the winner too. Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1
Acutal Book Reviews Posted This book inspired me to follow my dream of becoming a trader, July 3, 2009

By Andreas Rytz (Switzerland) - See all my reviews

The hardest part of trading is to manage your “self” - facing your emotions and your doubts. This book has helped tremendously by giving me confidence and a feeling of “I can do this”! What really did it for me was to see how the author had to learn how to be successful on his own, with all the blood sweat and tears that come with becoming great at any subject. Only a person who walked the walk can talk the talk - or in other words, only a person that knows his or her subject from actual real life experience has something practical to teach. Wayne McDonell is laying out precise steps of how to set up a trade plan and how to execute your plan successfully. He gives you a conservative (and therefore “relatively safe”) trading method that can be repeated again and again. Some of the practical things I’ve learned include how to set up your charts with the same indicators that he is using, how to interpret what the indicators are showing, and when to pull the trigger. By experiencing that what is taught works and most importantly, by seeing that it is repeatable, I gained a new confidence. In here lies the greatest gift of this book, it gave me the conviction that “It can be done! It really is possible to make a life out of trading - because Wayne is doing it, and he can teach me how to do it too”! Complete Integration of Fundamental and Technical Analysis, July 2, 2009

By Leonid Warguez (Singapore) - See all my reviews

I bought FX Bootcamp Guide to Strategic and Tactical Forex Trading last year by Pre-Order and ever since I got it, it’s my top book on Forex Trading for the following reasons: * Complete Integration of Fundamental and Tehnical Analysis * Helped me remove my emotions in trading * Learned to trade the news. * Learned Intermarket Analysis and Currency Correlations * Learned to create my own Trade Plan and Execute it. * Learned to trade conservatively and position myself on the higher ground and most especially pull the the trigger when the opportunity presents. * Learned Relative Strength Analysis of the currencies, and from there Im able to trade any currency pair with the right speed and momentum. I read the book 3x so far, and my goal is to read it 7x over. I highly recommend this book to everyone! Thanks Wayne for writing this book. This is by far the complete book in Forex Trading. Solid No Nonsense Trading Advice, July 2, 2009

By Michael E. Butcher (Mallorca, Spain) - See all my reviews

Wayne McDonell obviously knows his craft and much more importantly manages to convey his trading methodology in a clear and concise manner to would be successful traders like myself. Personally I found it has given structure and meaning to how I approach trading - this in turn gives more confidence to take those trades when the opportunities arise as described by Wayne in his book. Great Book and Great Value, July 2, 2009

By Marcus Mcneice - See all my reviews

Yes I have been very pleased with this book. It talks about the correlation between the different currencys and how the different markets (Gold, Oil, and other commodity markets) correlation with the currency markets. It helps give you the tools to create a trade plan and to become an independent thinker in your trading. It touches on the pyschology you need to have to become a succesful trader, and well as giving you the tools and techniques, you become successful. Put the other book back and get this one:, 17 Jun 2009

By nik (Sheffield, England) - See all my reviews

One of THE best Forex books on the market. Starting out you will find you need bucket loads of time watching this thing called Forex before you have any idea about trading it. When every trade you make is tanking, its difficult to stay with it. Reading this book, I finally had straight forward answers and identified all my bad habits. Wayne’s years of experience, starting from scratch just like myself, became my own in a matter of months. My understanding of Forex and trade ability increased ten-fold. This is a comprehensive education, covering multi timeframe technical analysis and the fundamentals of the global currency market. Relationships between currencies, economic news, international stock markets and commodities are all shown to you and explained well. Most importantly, you learn what it takes to trade. You learn to be self reliant and organised. You’ll also learn a lot of interesting facts about the world. You may start giving advice to people on housing prices and the state of the economy. There’s no shoddy magical system being sold in this book. What it comes down to is the only way to learn Forex is from an expert, and this guy is a great expert to listen to. FX is tougher than you might think, but luckily this book is awesome. A total forex guide., 17 Jun 2009

By Beck (UK) - See all my reviews

The FX Bootcamp guide is a book I use all the time. I’ve read many but this is the one I continually re-visit. As well as techinal information it also explains fundamentals, news events and correlations. As a beginner I have found this all useful and easy to understand and have begun to feel more comfortable trading FX. Definately one for the fx traders collection.

Tags:
Daily market commentary

July 3 2009, 6:44pm | Comments »

FOREX VIDEO | NEW YORK SESSION REVIEW | June 30, 2009

The final trading day of Q2 and H1, plus a dose of sour US news, brought volatility to the currency market during today’s New York session. The US dollar rebound at the open of the session fueled moves on the major currency pairs, including a 60-pip short trade on the EUR/USD currency pair. Two hours later, a worse than expected US consumer confidence report set the stage for a 60-pip news trade on the GBP/JPY. Curt Wehrley FX Bootcamp’s Quantitative Analyst

Tags:
Daily market commentary

July 1 2009, 2:55am | Comments »

FOREX Market Buzz: Wayne McDonell of FX BOOTCAMP

Now Playing:

New York Forex Market Buzz - FXBOOTCAMP’s Wayne McDonell Discusses Trading In Low Liquidity Environment The VIX lost 1.1 percent to 25.65 at 12:57 p.m. in New York. Wall Street?s largest bond-trading firm…

http://www.forextv.com/Forex/Video/Video.jsp?channel=41,276,1241,249,1314,1418,1423,1424,1429&movieid=47053