Forex Trader Strategy » forex

Federal Reserve

George — Thu, 28 Apr 2011 18:01:30 +0000

The Federal Reserve through financial rescue plan will begin to provide assistance to needy institutions, but the market is more aware we can say, monetary policy over interest rates that the Fed will release and so will other Central Banks. While it is estimated that the rest of the foreign exchange volatility levels remain within preset ranges. The maximum record book in the 1.7660 area and then go back and reach 1.7500. Rockwell Trading often says this. EURO improved in sympathy with the CABLE with highs in the 1.3744 area and then fall as it did the Euro, the lowest in the area of 1.3479, representing technical minimum, suggesting that approaches the stop. In my view the dollar was over-defendant and there will be mass sales. I would advise buying euros and pounds at minimum, the market should give us one more chance this week. UFX Bank Reviews helps to elucidate the arguments at hand. The USD / JPY volatility was dominated by the recorded values in the area of 103.30, then fell and traded at 101.70, the pair is recovered when it was announced that Australia's central bank reduced interest rates. The USD / JPY given the speculation about coordinated cuts in interest rates by several central banks, is keeping the yen in shape and number of operators expect the USD / JPY falls short term. In my view the USD is heading towards the break of the lows. GBP / USD Daily Resistance 3: 1.8180 Resistance 2: 1.8050 Resistance 1: 1.7880 New York: 1.7493 Support 1: 1.7310/20 Support 2: 1.7280 Support 3: 1.7200 The pair traded at low levels of support in the 1.7300 area.

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Trade Balance Written

George — Thu, 28 Apr 2011 15:21:59 +0000

The EURO fell in the area of 1.4072 before to stay in the zone of 1.4200, was observed high volatility and more is expected in the coming days, I consider the minimum for the EURO and GBP and achieved. The USD / JPY minimum recorded in the area of 103.53, and stops are placed in the 103.50 area. Following publication of the FOMC the pair reached 106.01, then back. UFXBank is likely to agree. Greatest losses were waiting for the USD / JPY, the pair closed in the area of los105.50. It is expected more volatility in the short term.

In my opinion, the attitude of the Fed was wrong, without a strong signal by the Fed will see that happening and Bernanke’s comments to follow. Source: Charles Schwab. In my view the USD did not get real progress today, unfavorable data are awaited for the next few days. It is estimated that the dollar will weaken overnight and until the end of the week. GBP / USD Daily Resistance 3: 1.8200/10 Resistance 2: 1.8130 Resistance 1: 1.8080 New York: 1.7854 Support 1: 1.7730 Support 2: 1.7620/30 Support 3: 1.7580 Summary Despite today’s news and the Fed move , the pair remained close to the start of the day’s trading, falling slightly. In my opinion the pound has suffered a decline quite well and apparently will not lower. Many traders took profits. Apparently the pair already reached the minimum default. The pair closed in the 1.7780 area.

For Thursday: All times EASTERN (-4 GMT) 4:30 a.m. GBP Claimant Count Change 4:30 a.m. GBP MPC Meeting Minutes 4:30 a.m. GBP Average Earnings Index y / y 4:30 a.m. 6:00 a.m. Unemployment Rate GBP GBP CBI Industrial Trends Orders EURO / USD Daily Resistance 3: 1.4550 Resistance 2: 1.4380 Resistance 1: 1.4300 New York: 1.4125 Support 1: 1.4080 Support 2: 1.4000/10 Support 3: 1.3940/50 Comments operated volumes were low. We found great volatility during the day. He seems to be dominating a technical trade. Probably the two rebound. The pair continues after the Cable and vice versa. U.S. data may not be positive, so that await further volatility in the market. For Wednesday: All times EASTERN (-4 GMT) 5:00 a.m.

Trade Balance Written is a post from: Forex Trader Strategy

Dollar Advances

George — Mon, 18 Apr 2011 18:23:53 +0000

Date: Wednesday February 4, 2009, 7:15 AM CDT. Night view Asia / Europe USD was on the rise in Asia The main currencies fell in New York sovereign states were observed buying and selling EUROS The day’s events All times EASTERN (-5 GMT) 7:30 a.m. and USD Challenger Job Cuts / y 8:15 a.m. USD ADP Non-Farm Employment Change 10:00 a.m. USD ISM Non-Manufacturing PMI 10:30 am USD Crude Oil Inventories to Thursday All times Eastern (-5 GMT) 8:30 a.m.

USD Unemployment Claims 8 : 30am USD Prelim Nonfarm Productivity q / q 8:30 a.m. Prelim USD Unit Labor Costs q / q 10:00 a.m. USD Factory Orders m / m 10:30 am USD Natural Gas Storage Volatility was the rule again at night, while major currencies fell to the ground won, and the dollar reached the highest previously recorded. English and European data published exceeded expectations, but fear the possible announced measures that both the BoE and the European Central Bank, added pressure. UFXBank is often quoted as being for or against this. While no one believes that the ECB interest rates change tomorrow, the tone of the statement to be provided could result in sales of EURO aggressively. The maximum recorded EURO night in Asia in the 1.3072 area but then the pair fell and minimum recorded in the area of 1.2841 in New York, there were sovereign states intervening in the 1.2970 area.

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El Dolar Maintain Current Ranks

George — Mon, 18 Apr 2011 14:42:15 +0000

The greenback's trade today High volatility is observed on the market The USD / CAD broke the 1.2000 area Night view Dual Action It is expected that the USD is expected maintain its minimum for Monday times EASTERN ( -4 GMT) 11:00 am USD ISM Manufacturing PMI 11:00 am USD Construction Spending m / m 11:00 am USD ISM Manufacturing Prices To end the week, the greenback suffered from high volatility, and no double faults action, given that economic data left little to be desired. Initially low, the greenback subsequently recovered after the London fix, and many traders decided to buy dollars, which the American currency remained firm. Also, economic data produced and led several operators to sell the American currency, and between buying and selling, the greenback suffered from high volatility, especially at midday in New York. USD / CAD reached highs in the 1.2310 area, and new lows at 1.1941 in the afternoon. Added crude pressure on the American currency. The book reached new lows in the 1.6003 area and then reach 1.6200, and is estimated to sharp swings continue to be observed.

The euro remained in the area of 1.2700 throughout the day. Closing the day was around 1.2750 and it is estimated that the firm will begin next week. USD / JPY, after the London fix, reached highs in the 99.14 area, and then the 96.33 area. The pair closed in the area of 98.50. It is estimated that the dollar will continue to suffer from high volatility in the coming week, and although the stock market was rising, is likely to continue to monitor dual action.

El Dolar Maintain Current Ranks is a post from: Forex Trader Strategy

New York

George — Fri, 08 Apr 2011 03:00:37 +0000

The minimum registered Cable in the 1.4650 area, stops and placed in the zone of 1.4850, also recorded maximum in the zone of 1.4966, the pair held the 1.4900 area at the beginning of the trading session. Click Rockwell Trading for additional related pages. The EURO reached levels of support in the 1.2513 area, remained in the area of 1.2500, and stops were placed at the 1.2550, after improvement, recorded highs in the 1.2702 and stops were placed at the 1.2630 for a trade weak. Currencies followed one after another. The Yen remained strong, despite the decline of GDP estimated for the third quarter. USD / JPY highs in the 97.57 recorded in Asia, and some traders took profits, minimum recorded in the 95.92 area, and the pair managed to stay in the area of 96.50 in New York. You may wish to learn more. If so, Rockwell Trading is the place to go. USD / CHF that did not reach maximum recorded two years ago, then reverse, highs in the 1.2010 and the 1.1886 lows. USD / CHF is in search of its limits, and Aggressive traders could sell the pair at 1.1950 looking for that reversal is maintained. After the Swissy, the loonie was on the rise, hovering around the 1.2400 area; recorded highs in the 1.2426, before reversal of the lowest in 1.2220. For a week beginning with a few publications, the USD may remain in double action, and technical factors are those which dominate the trade. If the dollar failed to gain at the beginning of the week, in my opinion will fall by the end of the week.

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USD Existing Home Sales

George — Thu, 07 Apr 2011 13:02:47 +0000

The greenback remained stable The U.S. data were negative, but traders were ignored The Vista operating volumes were low night Double action It is expected that the USD is estimated will stick to the Friday times EASTERN (-4 GMT) 10:00 am USD Existing Home Sales are expected OPEC session ended with some falling greenback, but continues to maintain profits this week, the euro gained ground slightly to end the day, as did the Swissy and Loonie, but in the main there were few noteworthy events during the day. UFX Bank is often quoted on this topic. Operating volumes remain low and liquidity is lacking, however, some banks began to operate robustly. While U.S. Connect with other leaders such as UFXBank here. data that were released were ignored by the operators, it is noteworthy that were negative, and once things get back to “normal” scheduled publications begin to impact on the American currency. The USD seems to be reaching its limits, given that today’s currency American fell slightly, from Monday. The record book values not reached five years ago, in the area of 1.6035.

The maximum recorded EURO in New York reaching the 1.2892 area, then fell behind the observed sales. The EUR was around the 1.2800 area for most of the day and closed at 20% of range, producing a clear technical signal shopping. USD / JPY continued to fall, as the Yen is dominating the short-term action in the market. The pair recorded in the area minimum of 96.17, some analysts see as inevitable the 95.00 area before a significant change.

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Forex Trading Speculative Investment Strategy

George — Thu, 28 Oct 2010 10:49:42 +0000

Ever since currency trading was deregulated in the 1970s the foreign exchange money market has been growing in popularity as an option for investors to get their money to work for them. Although the foreign exchange market is ostensibly available so that businesses can handle import and export transactions more easily and conveniently, nevertheless the vast majority of trading on the forex is speculative in nature.

That is to say, about 70%-90% or all the transactions on the forex are just buying and selling with no intention of ever taking possession of the currencies in which they are trading. Rather, they are only speculating on the direction the currencies they are trading in are going to go. Ever since 1996 hedge funds have acquired a reputation for aggressively speculating on the forex market.

There are several theories which explain the changes in the forex rates of exchange in a floating exchange rate regime. Fixed rate regimes are when governments control the value of the exchange rate, but today the majority of currencies are floated. There are at least 3 common theories about what determines the rates of exchange:

The conditions of international parity of purchasing power, interest rates and the Fisher Effect.
Balance of payments which focuses largely on tradable products.
- The asset market model which also focuses mostly on services and tradable goods, totally ignoring the part that international capital flows play.

Forex Trading Speculative Investment Strategy is a post from: Forex Trader Strategy