By Fast Brokers - Gold fell sharply yesterday, crashing below our 2nd tier downtrend line on rising volume as the Dollar appreciated [...]
Gold Drops Beneath our 2nd Tier Downtrend Line
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EUR/USD extends losses
The aforementioned buy orders helped slow the decline in EUR/USD for awhile, but didn’t manage to stop it. We’re presently at 1.3875. Technical support now at 1.3845/50. Slightly heightened risk aversion (S&P futures off 9 points at writing), ongoing concern over the Baltic states...
Gold Bounces Between our 1st and 2nd Tier Downtrend Lines
By Fast Brokers - Gold retested our 2nd tier downtrend line yesterday, yet failed to close above on our 4-hour...
Forex Brokers - How To Avoid Upsetting Your Chosen Forex Broker ...
I think it's fair to say that most forex traders have at least one or two issues with their chosen forex broker. In fact most people will probably have a love-hate relationship with their broker. However it's still a good idea to stay in their good books because otherwise you risk losing your...
EUR/USD Fights Back Above 5/28 Lows
By Fast Brokers - Last Thursday’s pullback on large volume was a warning sign, as we had feared. The EUR/USD has continued...
Sorry for the lack of updates lately
Hello my dear readers. I’d like to apologize for the lack of blog postings recently. My internet access was down for about 3 days, and before that I was busy moving to a new home. Imagine that, you get all setup in your home and expect the net to work; it does for five hours and then dies. I...