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

GOLD Daily Video, December 13, 2013

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

Currency Strength and Weakness for Tuesday 2nd July 2013

Trading Directions I am favouring for the next 24 hours VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given below. Use your own trading strategy and look at taking setups that occur in the same direction as my daily analysis. If you don't have your own trading strategy then email me  here Buy Trades - EUR/USD, EUR/JPY, AUD/USD, AUD/JPY, NZD/USD, … [Read more...]

Liberty reserve shut down indefintely

Following an arrest of the founders of the website in Spain,  Liberty Reserve, was shut down by FBI ; according to venture beat , one of the first websites to announce the closure, it states Digital currency Liberty Reserve has been shut down after U.S. and Costa  Rican authorities arrested founder Arthur Budovsky Belanchuk in Spain. Central American newspaper The Tico Times reports that … [Read more...]

How to Develop a Profitable Forex Trading Mindset

Trading currencies effectively to build substantial profits requires a basic understanding of Forex trading, proper research to understand the trends and a good work ethic to stay on top of the daily changes that occur. However, in order to consistently pull in profits you need to develop a proper Forex trading mindset that allows to you to recognize the right opportunities and when to make … [Read more...]

FOREX PRO Weekly December 31- January 04, 2013

Monthly  On monthly chart market has closed slightly higher than on previous week, so it’s very difficult to add something to previous analysis – trend holds bullish , as well as price action. Market now stands slightly higher than former K- resistance area and 1.3150 level is an upper border of it. There are two moments to watch for on monthly chart, but both of them are rather extended … [Read more...]

Merry Christmas, a short trade post

A very short post from me, I know am kinda doing this very late, but here’s wishing you a very merry christmas trade from me and a happy new year come 2013. A lot of us need to take our forex trading  career to the next level and for me am going to challenge myself to be at the top come 2013 … [Read more...]

Insight daily report 12.12.12

Daily Report: Dollar Soft ahead of FOMC Dollar is soft against most major currencies, except yen, as markets are awaiting today's FOMC rate decision. We expect the Fed would announce expansion of the size of asset   purchases by US$45B at the December meeting so as the Operation Twist   expires by the end of the month. Fed officials would release updates of   their economic and policy projections … [Read more...]

Mid-Day Report: Euro Soft in Quiet Markets as Greece Preparing for Negotiation

Euro is mildly softer in quite markets today. Trading activities are subdued ahead of July 4 holiday in US. Nonetheless, Euro pared some EU summit triggered gains against dollar and yen as Greece is starting to prepare for austerity re-negotiation. A spokesman from the new Greek government, Kedikoglou, said that they're going to present "astounding" information to troika on Wednesday, which are … [Read more...]

EUR/JPY Daily Outlook

EUR/JPY continues to stay in tight range and intraday bias remains neutral. As noted before, rebound from 95.64 could extend higher with 98.53 minor support intact. Above 99.96 minor resistance will flip bias to the upside for 101.62 and above. But considering bearish divergence condition in 4 hours MACD, even in case of another rise, upside should be limited by 61.8% retracement of 108.00 to … [Read more...]