Foreign Currency Trading

Forex News and Information

Outlook for Commodity Currencies

Posted by Forex Legend January - 21 - 2010 - Thursday ADD COMMENTS
I was on CNBC Australia last night talking about the outlook for the forex market and how I am HOT on Commodity Currencies
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Daily Currency Outlook — January 21st 2010

Posted by Forex Legend January - 21 - 2010 - Thursday ADD COMMENTS
Watch the daily preview for the major currency pairs with the more detailed view on the EUR/USD pair, which has now confirmed its reverse in a medium-/long-term movement and is heading down towards a U.S. dollar’s recovery. Posted on Forex Video Zone. Go to Source

THV System

Posted by Forex Legend January - 19 - 2010 - Tuesday ADD COMMENTS
THV System, originally presented on ForexFactory forum, is explained in this educational Forex video. This trading system is used with the M1 and M5 timeframes and is basically a scalping strategy. Posted on Forex Video Zone. Go to Source

Outlook for Oil and Dollar

Posted by Forex Legend January - 15 - 2010 - Friday ADD COMMENTS
I was on Fox Business yesterday talking about my outlook for oil and the U.S. dollar: Watch the latest business video at video.foxbusiness.com Go to Source

MetaTrader Tutorial — Expert Advisors

Posted by Forex Legend January - 15 - 2010 - Friday ADD COMMENTS
This is a rather short video demonstration on how to apply expert advisors in the MetaTrader 4 platform. The video shows how to add the expert advisors on the chart, configure them, download custom EAs and load them into your platform. Posted on Forex Video Zone. Go to Source

AUD/USD and Chinese Reserve Requirements

Posted by Forex Legend January - 13 - 2010 - Wednesday ADD COMMENTS
I have been bullish Australian dollars for some time not only because I have witnessed first hand the strength of the Australian economy earlier this year but also because the central bank is slated to raise interest rates again in Feb. Australia’s recovery is largely thanks the expansion in China. Earlier this week, China reported a sharp rise in exports that propelled the country into the ranking of the world’s #1 exporter. This is a huge positive for Australia and the Australian dollar because China has been hungry for Australia’s commodities. This morning, China also raised their reserve requirement to cool their economy (I wish the U.S. was in the same enviable position) and JP Morgan published this ...

EUR/USD Technical Analysis — January 13th 2010

Posted by Forex Legend January - 13 - 2010 - Wednesday ADD COMMENTS
This is a technical analysis overview video for the EUR/USD currency pair ahead of the January 13th, 2010 Forex trading session. It utilizes trendlines and support and resistance levels. Posted on Forex Video Zone. Go to Source

Forex Weekly Synopsis — January 11th 2010

Posted by Forex Legend January - 11 - 2010 - Monday ADD COMMENTS
This weekly synopsis video of the Forex market covers almost every trading instrument available on-line — from the dollar index and the oil to the NZD/USD and USD/CHF pairs. The correlations are observed in the technical analysis and the author suggests a possible intra-week weakness of the U.S. dollar, particularly in such pairs as NZD/USD and AUD/USD. Posted on Forex Video Zone. Go to Source

Double Top Trade

Posted by Forex Legend January - 9 - 2010 - Saturday ADD COMMENTS
This series of two Forex videos shows a trading example for the double top chart pattern, which is usually followed by the bearish trend a the pattern represents a reversal at the end of the uptrend. This videos show how GBP/JPY behaves after double top is encountered and how can you benefit from similar patterns in future. Posted on Forex Video Zone. Go to Source

CNBC Interview on the Dollar and Aussie

Posted by Forex Legend January - 7 - 2010 - Thursday ADD COMMENTS
One of my New Year resolutions is to blog more often, I promise. In the meantime, here is my latest interview today with CNBC Squawk Box Australia
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