Posts Tagged ‘ 2009 ’

How much could you claim? if you can’t claim the whole losses could it be carryon to next future years until Zero. Thanks
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During today’s pre-London session and then into the first hour of the London open, we were dealing with some short term British Pound weakness and Japanese Yen strength, a quality setup for a GBP/JPY short, that was very easy to plan for trade entries and targets prior to pre-London beginning. In this video I...
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Yesterday we enjoyed quite a Piptopia on the British Pound breakout of a Daily trendline to the upside. Sure enough, today was our opportunity in London to short it back down to the trendline retest. Pre-London gave us our first lower high to work with on the GBP/USD, and the 2hr EUR/GBP started developing...
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As we expected, the dollar stayed on track and made further gains. Data out of the EU and the US put pressure on short dollar positions and a flight to safety continued, along with declining equity prices. Durable Goods Orders and New Home Sales out of the US came in below expectations; fundamentally this...
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Hi everyone, for this European outlook I concentrate on Cable and the Aussie Yen. The Aussie Yen analysis is a very simple extension of the trade we talked about on Friday. Pound on the other hand looks weak and Im certainly looking for technical reasons to short. As you know trading is all about...
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Following a London session dominated by selling of the EUR/USD, a modestly better than expected US ISM services figure for January provided the spark for a 30-pip news scalp trade on the euro. The brief rally took the currency pair to a technical level where a plethora of sellers were waiting to go short....
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Happy Friday the 13th everyone. The euro came off pretty strongly overnight as another attempt past 1.5020 failed. We have now backtracked to the 61.8% retracement level and a break below 1.4800, specifically a close below 1.4800 will lead us to believe the dollar may start a rally. Its also plausible to believe that...
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While world financial markets saw a flood of economic data and policy developments from multiple major economies, only one country seemed to matter most. The February purchasing manager’s index from China, released during the Asian session, was better than expected. That, and the prospect of another Chinese fiscal stimulus package, contributed to an increase...
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During the previous two London sessions, and all of the currency market hours in between, “sell the yen” was the ticket for traders. Although the first quarter US GDP headline figure was worse than forecast, the underlying data left the door open for New York traders to take up where London left off. A...
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Bank of England governor Mervyn King told a local UK newspaper that the country’s banking sector is “not in good shape,” and that he saw the decline in the British pound as “helpful” to re-balancing of the country’s economy. When the market got word of King’s comments, sterling got smoked. Multiple short trade setups...
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Our London session today and tomorrow actually are pre-London into London, as one of our coaches is on break. With that in mind, our first hour today was completely our planning/plotting hour where we set-up all area’s of support/resistance, price traps, pattern formations etc. Once this was done we developed technical bias and reasoning...
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Since the weekend I had spoken in length in the London FXBootcamp session about seriously developing 4hour MACD divergence on every Japanese Yen pairing I could pull up. About a third of the way into today’s London session we began to see hints of a change in direction, such as USD/JPY having an hourly...
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Hello. I love to know what is the best Foreign Exchange (forex) Platform trading in year 2009. I want to start trading forex but still confuse to choose the best platform.
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While the world is watching the collapsing stock markets, a select group makes high returns on the forex. I Now Reveal to You the Secret Methods that a ‘Select Group’ uses to make their Fortunes! Now take your financial future in your own hands. Forex eBook 2009 (70 pages
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