Monthly Archives: July 2012

Forex Technical Analysis GBPUSD AUDJPY 17 July

Today, I recap the GBPUSD trade.  I also discuss the adjustments that were made after nearly getting stopped out.  I brought my profit target from 1.5500 to 1.5555 because of the  change in initial conditions. Next, I discuss a pretty … Continue reading

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Forex Technical Analysis GBP USD 16 July

Forex Technical Analysis GBP USD 16 July I discuss a potentially low risk shorting opportunity on the GBPUSD for July 16th, 2012.  Topics include, trendwall intersection, fibonacci, pivots, support, resistance and how they converge together to give us a precise … Continue reading

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Market Analysis 16-20 July

Market Analysis 16-20 July  USD Direction this week: Bullish It is expected to see strengthening of USD due to major currency swap rates relative to US swap rates reduction, accompanied with uncertain situation in Europe. The upside risks should be limited … Continue reading

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Forex trading strategy. Are they all same

Forex trading strategy. Are they all same? As you know, the only way to make money trading Forex is to have profitable forex trading strategy. If you’re studying different forex trading strategies you might find that you come across several … Continue reading

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Market Analysis 9-13 July

USD Direction this week: Bullish USD remains quite firm despite slowing the US economy and is expected to strengthen further this week. The upside risks should be limited though, influenced by US interest rates and current account deficit of 3.1 … Continue reading

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