Foreign Currency Trading

Forex News and Information

Archive for May, 2009

Introduction to Forex

Posted by Forex Legend May - 10 - 2009 - Sunday ADD COMMENTS

An introductory Forex trading video that won’t be of any use to the experienced traders but is an excellent beginning for those who are new to the foreign exchange market.

Posted on Forex Video Zone.
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EUR/USD: Fade Non-Farm Payrolls

Posted by Forex Legend May - 8 - 2009 - Friday ADD COMMENTS

Most people know that non-farm payrolls is notoriously difficult to trade. However. I want to point out that in each of the past 4 months, the knee jerk reaction in the EUR/USD was quickly erased. This suggests that the initial move is “fade-able.”

Take a look at the 5 minute charts yourself to see how the EUR/USD traded intraday on the heels of the Non-farm payrolls report. Also read my article, April Non-Farm Payrolls Preview: The Charts that Matter

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Getting Ready to Non-farm Payrolls — April 8th 2009

Posted by Forex Legend May - 8 - 2009 - Friday ADD COMMENTS

This video Forex preview offers trade set-ups based on the support and resistance levels ahead of the today’s non-farm payrolls report release in United States.

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Forex training

Posted by Forex Legend May - 6 - 2009 - Wednesday ADD COMMENTS

Information is the answer to victory and an enlightened Currency exchange trader will have a larger understanding of the market, letting them make better profits from trading. There’s a ton of info accessible on currency trading on loads of sites, offering guidance. You may learn a great amount from these step by step guides. However, one main problem with the guidance available though the web is that it is frequently extraordinarily patchy and can be short of any real structure. If you’re serious per currency trading, in that case there’s little hesitation that you’ll have to end up getting a good study course particularly on Currency exchange coaching which presents the study materials in both a structured and logical demeanour. Such courses, which are at length available, will change in cost from those that are free to those costing thousands of bucks or perhaps even more and customarily you can get what you pay for. There are 2 sorts of courses for Foreign exchange coaching available.

The downside is that you are learning alone and it’s hard to find the help that you need if you get run or stuck across something that you don’t understand. The second type is a standard’classroom’ course. By contrast, you’ll be needed to go to your Foreign exchange coaching classes and tag on a class schedule.

Being absent for a lesson or 2 may present complexities as it’s not straightforward to make up lost subjects. Whether you select self study into the art of Foreign exchange Coaching or select another options, currency exchange coaching will surely give you the practical data you need to grasp, but the particular secret to making in depth profits from currency trading lies in having the information and discernment of trading methods that just a few years experience and practice can bring.

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3 New Features on FX360

Posted by Forex Legend May - 6 - 2009 - Wednesday ADD COMMENTS

As I have previously promised, we are continuing to add new and exciting features to FX360.com

Here are two features that we launched today:

Trade Recommendations Tab (right side of homepage)

Don’t just believe us when we say that our Technical Analysts are good at picking trades. See for yourself. We have launched a tab for Trades that are Setting up (trades to watch) and Trades in Progress to keep them accountable!

User Commenting (all articles)

We have now added the ability to post comments to all of our articles. So tell us if you agree, disagree, want clarification or if you simply want to add your two cents.

Twitter Page

And we launched a Twitter Page for our Intraday snippets

More is in store, so stay tuned!

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Forex Trading Session Preview — May 6th 2009

Posted by Forex Legend May - 6 - 2009 - Wednesday ADD COMMENTS

This Forex trading preview video features USD/JPY, EUR/USD, GBP/USD, USD/CHF and EUR/JPY possible swing trades during the next Forex session.

Posted on Forex Video Zone.
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Introduction to Forex Rates, Charts and Trading System

Posted by Forex Legend May - 4 - 2009 - Monday ADD COMMENTS

In this video tutorial you’ll find out about Forex rates and how to read them, you’ll see how the Forex charts work and how traders use them and you’ll be introduced to the simple Forex trading system that’s capable of making profits in the currency market.

Posted on Forex Video Zone.
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French Finance Minister on Jon Stewart

Posted by Forex Legend May - 2 - 2009 - Saturday ADD COMMENTS

I’m late to this but if you didn’t catch the Daily Show interview with French Finance Minister Christine Lagarde, here it is (and worth a watch!)

The Daily Show With Jon Stewart M - Th 11p / 10c
Christine Lagarde
thedailyshow.com
Daily Show
Full Episodes
Economic Crisis First 100 Days

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London Trading Session Preview — May 1st 2009

Posted by Forex Legend May - 2 - 2009 - Saturday ADD COMMENTS

Despite the less liquid trading period which is natural to the May 1st session, David Pegler introduces an London intraday trading plan for GBP/JPY based on the MACD indicator.

Posted on Forex Video Zone.
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