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...]

Forex Trading Strategies That Work

Forex Trading Strategies That Work People are under the impression that forex trading strategies have to be complicated to make them work. But the fact is simple strategies that are followed consistently and keeping a tab on all activities is the key to making money in the foreign exchange market. It is also important to remember that forex trading strategies that work for one person may not … [Read more...]

Making Money with Forex -Trading Like a Pro

Making Money with Forex - Trading Like a Pro     If you are serious about making money with forex then there are a few key points that you need to keep in mind, so you can start trading like a pro. The foreign exchange market is quite a volatile one and the key to successful trading lies in planning and more planning. You cannot second guess on what will be the outcome. You need to have a … [Read more...]

Forex trading-10 Tips so you won’t lose in Forex Market

  10 Tips so you won’t lose in Forex Market    In the last decade or so, forex market has become very popular mode of investment for people who want to make profits without the volatility of share markets. However, trading in currencies is not that easy and out of every 100 new investors, 95 lose their money rather than make any profits. Trading in forex markets is not that easy as … [Read more...]

Forex trading plan – follow a plan

Follow a Forex Trading Plan These are hard economic times for most of us who belong to middle class as we are bewildered to see that inflation eats into our real income and our savings in banks are actually a loss of money for us. In such a bleak scenario, forex market has emerged as a ray of hope for us to invest a part of our savings and rake in profits by trading in foreign currencies that … [Read more...]

7 Keys To Building Great And Lasting Profits In Forex Trading

It can often be very sad to watch an account that has taken one so much time and efforts to build to suddenly crash and put the trader in deficit or worst still in dept that he now finds it difficult to recover from. I have heard of traders and “Fund Mangers” who built their accounts from $8,000 to $12,500 or even more and watch it crash to less than $250 for no reasons they can be proud of. … [Read more...]