Archives for December 2013

Gold Daily Video update 31 December 2013   Gold facing downward direction at 1180 USD     … [Read more...]

This week forex news to watch

-–––—————   Thursday, January 2   —————–––- Happy Trading UK Manufacturing PMI 4:28am NY time DTS USA Manufacturing PMI 10:00am NY time FNG + DTS … [Read more...]

How to select a forex broker

Most recently, I wrote about how to avoid getting scammed while buying forex products. Finding a good forex broker is even more important. I currently have active accounts with several brokers. I won't name those brokerages in this article. Actually, I won't mention any other brokerage names in this article. My purpose in writing this article is to help you select the forex broker that is right … [Read more...]

How to avoid getting scammed when buying forex products

Before I give any other methods, let me state the 2 absolute most important things you need to avoid getting ripped off. These are EDUCATION and RESEARCH. If you don't understand these, then the rest of the advice I'm about to give will not be nearly as useful. Too many people get into forex with a dream of making big money very fast. Yes, it is possible to make a lot of money very quickly … [Read more...]

Daily Report: Aussie Stays Soft as RBA Left Door Open for Rate Cut

Aussie stays soft in tight range against dollar in Asian session after RBA signaled in its meeting minutes that the door is still open for further interest rate cut. The central bank noted that "given the substantial degree of policy stimulus that had been imparted, it was prudent to hold the cash rate steady. " However, the board won't "close off the possibility of reducing it further should … [Read more...]

Eur/USD daily video update December 16 2013

EUR has great potential in longer-term and if you will read our weekly research you'll see it as well, but in shorter-term, unfortunately we have no clear setups yet for trading. Still week is promising to be reach on different economy events and data, so, I hope we will get something interesting:   … [Read more...]

FOREX UPDATE WEEKLY December 16-20, 2013

Monthly The dollar rose for a second straight session against the euro on Friday, as investors began pricing in the possibility that the U.S. Federal Reserve could announce a small reduction in its massive stimulus at next week's meeting. While market participants in general expect the Fed to start paring back its stimulus no later than March, a growing number expect a reduction in the Fed's … [Read more...]

GOLD Daily Video, December 13, 2013

Watch this video for the latest on Gold trade      … [Read more...]