Join the ‘’5% Club’’ of Forex Winners – It’s a well stated fact that only 5% of traders make consistent money from the Forex market. With the vast...
Join the ’5% Club’ of Forex Winners
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EUR/USD technicals: trend still bullish
The move from 1.4340 to 1.3800 can be considered a completed retracement and the market is gearing for the next push higher. The subsequent bounce from 1.3800 to 1.4180 has also completed a retracement, 61.8% in this case to 1.3950, and this level is now expected to be the base for the next push...
Saab finds a buyer; flows look minimal
Saab, the GM-owned Swedish car-maker, looks like it has finally found a home. A group led by a Swedish car-maker I’ve never heard of Koenigsegg will acquire the brand, according to CNBC. It looks like they will assume gobs of debt, though very little cash will change hands. It is unlikely to...
January performance review for Danica-9am algorithmic system
For the first time I am able to discuss performance of a ForexAutomaton system without the "benefit of hindsight" caveat: the results for January have been obtained in real time, hence no hindsight. Executive summary In the absense of a capital allocation and trade-idea disrimination system, the...
GBP-USD-daily review by Real-Forex
GBP-USD Date: 08.01.2012 Time: 16:40 Rate: 1.5428 Strategy: Short/Long 4 Hour Chart The price is very close now to the lower ranging level on...
Nikkei expected to open 1% higher
Japanese markets will open in around 15 minutes. The Nikkei should benefit from the overseas leads and the weaker JPY against the greenback. There was talk during the NY session of possible option protection ahead of 99.00 in USD/JPY but I have heard no confirmation of this as of...