Foreign Currency Trading

Forex News and Information

What Could Turn the Dollar Around?

Posted by Forex Legend November - 10 - 2009 - Tuesday ADD COMMENTS
I was on Fox Business earlier this afternoon talking about what could turn the dollar around. Watch the latest business video at FOXBusiness.com Here is a chart showing how G7/G8 (which is now G20) finance ministers and central bankers meeting has coincided with major tops and bottoms in the EUR/USD. I’ll have more on that soon at FX360.com Go to Source

EUR/USD Daily Analysis — November 10th 2009

Posted by Forex Legend November - 10 - 2009 - Tuesday ADD COMMENTS
A video technical analysis for the intraday Forex trading session on November 10. Trend channels and support and resistance levels give some basic hint to the currency pair’s behavior. Posted on Forex Video Zone. Go to Source

Double Stochastic Trading

Posted by Forex Legend November - 6 - 2009 - Friday ADD COMMENTS
This video tutorial explains how to set two stochastic oscillator on a signal chart, what parameters to use and how to trade Forex using divergence between double stochastic reading and the price chart trend. Posted on Forex Video Zone. Go to Source

Outlook for Australian Dollar and U.S. Dollar

Posted by Forex Legend November - 4 - 2009 - Wednesday ADD COMMENTS
I guest hosted CNBC Squawk Box Australia this morning. Here are some clips on my take on the Australian and U.S. dollars. Enjoy! RBA Rate Hike Expectation
Australian Recovery



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Shooting Star (Inverted Hammer)

Posted by Forex Legend November - 4 - 2009 - Wednesday ADD COMMENTS
Shooting Star (Inverted Hammer) candlestick pattern is explained and described in this free Forex video. Learn how to trade using Shooting Star (Inverted Hammer) pattern to your advantage. Posted on Forex Video Zone. Go to Source

GBP/AUD Forex Trading

Posted by Forex Legend November - 2 - 2009 - Monday ADD COMMENTS
This video explains how GBP/AUD (Great Britain pound/Australian dollar) currency pair can be traded in Forex. Some example strategies and techniques are given, as well as the fundamental background behind the long-term movement of the pair. The charts of different time-frames illustrate the best opportunities that GBP/AUD can present. Posted on Forex Video Zone. Go to Source

Bullish Harami Pattern

Posted by Forex Legend October - 31 - 2009 - Saturday ADD COMMENTS
This video describes the Bullish Harami pattern (Japanese candlestick chart pattern) and shows how to use it to get profit from the markets. Several example charts are given to easily understand this pattern and learn to spot it. Posted on Forex Video Zone. Go to Source

RSI Forex Trading

Posted by Forex Legend October - 29 - 2009 - Thursday ADD COMMENTS
This free Forex video explains how to use RSI (Relative Strength Index) indicator to trade on Forex. The video shows how to enter and exit the positions based on RSI, it also shows when this oscillator indicator can be and can’t be used. This is a great video to learn using one of the most basic Forex indicators — RSI. Posted on Forex Video Zone. Go to Source

Simple Reverse Forex Strategy

Posted by Forex Legend October - 27 - 2009 - Tuesday ADD COMMENTS
This simple Forex trading strategy is using the reversal figures to catch currency pair swings on H1 timeframe chart. This video detailedly explains the entry and the exit conditions and also offers an interesting money management system for this kind of Forex strategy. Posted on Forex Video Zone. Go to Source

Trendline Analysis and Price Projection

Posted by Forex Legend October - 25 - 2009 - Sunday ADD COMMENTS
This Forex video tutorial shows how to analyze the trends using the trendlines and predict the future price movements using the results of the trendline charting. Peter Bain shows the best techniques of determining the trendline points and projecting the current trends into the future Forex rates. Posted on Forex Video Zone. Go to Source