By Ethan Cruz – Have you actually wondered why is it that quite number of traders succeed inside the forex trading market while 90% of foreign...
Ten Factors That are Preventing You From Lucrative Fx Trading
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Fed’s Lockhart: Deficits headed wrong way; US finances face enormous challenges
The US fiscal picture is a sources of concern, Lockhart says, especially as Social Security and Medicare spending escalate in the next few years. His comments are music to the ears of the gold bugs and are helping undermine the greenback. Time for a victory lap…( know, all may bad trade ideas...
Fiat takeover of Chrysler runs into problems
It looks like the proposed takeover of Chrysler by Italian car giant Fiat is running into a few problems, with Fiat telling the US supreme court that Chrysler could be forced into liquidation if the sale is not completed by June 15th. Earlier the group of Indiana Pension Funds had urged the high...
AUDUSD breaks below 1.0596 key support
AUDUSD breaks below 1.0596 key support and reaches as low as 1.0507, suggesting that the uptrend form 0.9861 (Dec 15, 2011 low) has completed...
Major investment bank going short EUR/USD
The guys over at Citibank have been having the same problems as myself the last few weeks, they are being chopped around in the wash. Nevertheless they always think their technical, fundamental and market arguments through before putting on a trade. They have gone short EUR/USD at 1.3800, with a...
FOREX VIDEO - Pre London Outlook September 16th 2009
Hey everyone. With lots of economic data out of the way the prevailing dollar weakness and Euro Pound strength has continued. For today’s presentation I build on yesterday’s Pound related analysis and explore the Euro Pound cross for clues in trading GBP/USD. Cable calls for a skilled hand...