tag:blogger.com,1999:blog-1548656926394613150Fri, 30 Aug 2024 06:32:33 +0000Forex Education Trading StrategiesForex strategyForex basicForex fundamentalTrading strategiesForex trading, trade forex, online forex trading, forex market, forex trader, forex trading strategies, forex traders, forex strategyhttp://fx-traders.blogspot.com/noreply@blogger.com (Bill Greis)Blogger211125tag:blogger.com,1999:blog-1548656926394613150.post-5039483408936721271Wed, 19 Mar 2008 19:18:00 +00002008-03-19T19:18:16.609+00:00Forex Education Trading StrategiesForex strategy We recommend buying CHF against HUF or RON, as we continue to see fundamental support for CHF and weakness for HUF and RON. This trade is furthermore a play on increasing risk aversion. We believe that the timing is right for this trade, as the rebound in the markets since Tuesday morning can be utilised to en-ter this position. HUF and RON look vulnerable: • The newsflow over the http://fx-traders.blogspot.com/2008/03/forex-education-trading-strategies-cee.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-3578334931443097560Mon, 17 Mar 2008 08:36:00 +00002008-03-17T08:36:14.536+00:00Forex Education Trading StrategiesForex strategy EURUSD - EUR remains clearly on the offensive trading to a high of 1.5688 after pushing through the 1.5462, 1.5500 and 1.5600 levels to close the week at 1.5674 on Friday. This continued upside gains is coming on the back of its break and hold above the 1.4955/67 zone, its horizontal trendline/ Feb 02’08/2007 highs. Holding at the present levels will put the next upside objective http://fx-traders.blogspot.com/2008/03/forex-strategy-eurusd-remains-on.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-8374865250426194290Fri, 07 Mar 2008 08:48:00 +00002008-03-07T08:48:31.375+00:00Forex Education Trading StrategiesForex strategy US employment report on tap - bad news expected. Canadian employment report also up today. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: US Feb. ICSC Chain Store Sales rose 1.9% vs. 0.6% expected Australia Feb. AiG Performance of Construction Index fell to 53.9 from 58.3 in Jan. Japan Feb. Official Reserve Assets rose to USD 1008.0B from USD 996.0B in Jan. Japan BoJ http://fx-traders.blogspot.com/2008/03/forex-strategy-crazy-day-may-await.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-2706616178770448818Wed, 05 Mar 2008 18:50:00 +00002008-03-05T18:50:17.659+00:00Forex Education Trading StrategiesForex strategy EURUSD -Following a fresh all time high at 1.5274 registered on Monday, the pair was seen consolidating on Tuesday and weakening in early morning trading today. This is coming on the back of an overbought condition currently seen on the daily time frame. In a bid to unwind the said condition, the pair could be seen weakening further towards the 1.5145 level, its 1.272 Fib Ext http://fx-traders.blogspot.com/2008/03/forex-strategy-eurusd-overbought.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-7087852421163983988Wed, 05 Mar 2008 06:24:00 +00002008-03-05T06:24:13.849+00:00Forex Education Trading StrategiesForex strategy Aussie Falls After RBA Governor Stevens" Dovish Remark The dollar traded mixed on Tuesday. The yen was supported by continued carry-trade unwinding as international equity prices fell. The euro was moderately higher despite European finance ministers’ concerns over the rising euro and weak European GDP. However, EMU producer prices accelerated, suggesting the euro area http://fx-traders.blogspot.com/2008/03/forex-strategy-aussie-falls-after-rba.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-1094071693686890640Mon, 03 Mar 2008 08:24:00 +00002008-03-03T08:24:29.371+00:00Forex Education Trading StrategiesForex strategy EURUSD -EUR put in a third-week of consecutive upside gains the past week having broken and held above its key resistance levels especially its Feb 02’08/2007 highs at 1.4955/67.Following this technical breakout, upside targets are now seen at the 1.5372 level, marking its 1.618 Fib Ext and next the 1.5400 level, its psycho resistance level. The weekly stochastics and RSI remain http://fx-traders.blogspot.com/2008/03/forex-strategy-eurusd-sustains-third.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-7028507509816143996Fri, 29 Feb 2008 09:40:00 +00002008-02-29T09:40:18.822+00:00Forex Education Trading StrategiesForex strategy EURUSD - Having clearly invalidated the 1.4955/67,1.5000 and 1.5143 resistance levels, all representing its horizontal trendline/ Feb 02’08/2007,psycho level and 1.272 Fib Ext respectively,EUR has now opened up for a run at its 1.618 Fib Ext.at 1.5372.Beyond there will pave the way for further attacks on the 1.5400,its psycho resistance and then another psycho resistance at 1.5500.http://fx-traders.blogspot.com/2008/02/forex-strategy-eurusd-continues-to.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-7793341803757707072Mon, 25 Feb 2008 10:55:00 +00002008-02-25T10:55:31.833+00:00Forex Education Trading StrategiesForex strategy Key focus of the week on Bernanke"s semi-annual testimony before Congress on Wednesday and Thursday. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: Friday: Canada Retail Sales out at +0.6% vs. 0.8% expected and less Autos at -0.4% vs. +0.4% expected Quiet Asian session Monday opened the week, as equities continue strength into US" Friday close THEMES TOhttp://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies_25.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-1001549040760524885Fri, 22 Feb 2008 11:00:00 +00002008-02-22T11:00:41.221+00:00Forex Education Trading StrategiesForex strategy EURUSD -A follow through on a downside rejection candle has seen the pair break and close above its solid resistance at the 1.4751/52 zone, its Nov 09’07/Dec 11’07 highs on Thursday. This development supported by its daily momentum indicators action suggests further upside gains aiming at its Feb 02’08/2007 peaks at 1.4955/67 where a clean invalidation is expected to trigger its http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies_22.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-6457018286579818800Thu, 21 Feb 2008 13:14:00 +00002008-02-21T13:14:51.411+00:00Forex Education Trading StrategiesForex strategy EURUSD - An intra day reversal after the pair weakened to as low as 1.4613 level on Tuesday now suggests its continued focus on the 1.4751/52 zone, its Nov 09’07/Dec 11’07 highs remains in force with an eventual break of there turning it higher towards its Feb 02’08/2007 peaks at 1.4955/67 and then its psycho resistance at 1.5000.A rising channel on the 4 hourly chart and its http://fx-traders.blogspot.com/2008/02/forex-strategy-eurusd-recovers-off.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-1744477503150589378Thu, 21 Feb 2008 09:24:00 +00002008-02-21T09:24:09.976+00:00Forex Education Trading StrategiesForex strategy Focus in FOMC minutes was on lower growth forecasts, but mention of "rapid reversal" possibility further out on Fed Funds keeps US rates rallying. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: Japan Jan. Adjusted Merchandise Trade Balance out at ¥862B vs. ¥900B expected Australia Nov. Average Weekly Wages rose 4.7% YoY vs. 4.9% in Oct. Switzerland Jan. Trade Balance http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies-usd_21.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-7388747513231750097Wed, 20 Feb 2008 08:05:00 +00002008-02-20T08:05:33.207+00:00Forex Education Trading StrategiesForex strategy US CPI and FOMC minutes up today. USD view still in limbo. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: US Feb. NAHB Housing Survey rose to 20 vs. 19 expected and 19 in Jan. US Weekly Consumer Confidence was steady at -37 Australia Dec. Westpac Leading Index fell -0.2% Australia Feb. DEWR skilled vacancies fell -2.2% Australia Q4 Wage Cost Index rose 1.1% as expected http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies_20.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-5607531709408924475Tue, 19 Feb 2008 07:50:00 +00002008-02-19T07:50:48.930+00:00Forex Education Trading StrategiesForex strategy AUD higher on RBA minutes. Global inflation worries mount after Chinese inflation data. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: Reserve Bank of Australia minutes show that a rate hike of 50 bps was considered at the last meeting (the rate were hiked 25 bps) China Jan. CPI rose 7.1% YoY, vs. 7.0% expected and 6.5% in Dec. Japan Jan. Nationwide Department Store http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies-usd_19.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-2218178276179938977Mon, 18 Feb 2008 08:42:00 +00002008-02-18T08:42:34.341+00:00Forex Education Trading StrategiesForex strategy EURUSD - While recovery off the 1.4440 low(Feb 07’08 low) now suggests further strength, such upside incursion must break and maintain above the 1.4751/52 zone, its Nov 09’07/Dec 11’07 highs to open up more gains towards its Feb 02’08/2007 peak at 1.4955/67 and then its psycho resistance at 1.5000.A decisive close above the former will trigger the resumption of the pair’s MT uptrendhttp://fx-traders.blogspot.com/2008/02/forex-strategy-eurusd-break-of-1475152.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-8778573953799204640Fri, 15 Feb 2008 15:05:00 +00002008-02-15T15:05:08.865+00:00Forex Education Trading StrategiesTrading strategies Schaff Trend Cycle (STC) is a popular indicator commonly used to identify or confirm price direction and market turning points. It was created by Doug Schaff and is based on the assumption that currency trends accelerate and decelerate in a cyclical pattern that can reflect the dominant price cycle of any currency in any timeframe. Developed in 1999, the STC is one of the most http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies_15.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-7165504149804378103Fri, 15 Feb 2008 11:53:00 +00002008-02-15T11:53:22.176+00:00Forex Education Trading StrategiesForex strategy EURUSD - The bulls continue to launch more offensives following up on further recovery yesterday and pushing even higher in early morning trading today to shift focus to the 1.4751/52 zone, its Nov 09’07/Dec 11’07 highs where a break should open up further upside gains towards its Feb 02’08/2007 peak at 1.4955/67 and then its psycho resistance at 1.5000. The daily stochastics and http://fx-traders.blogspot.com/2008/02/forex-strategy-eurusd-maintains-upside.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-4861223504266467682Fri, 15 Feb 2008 07:33:00 +00002008-02-15T07:33:41.252+00:00Forex Education Trading StrategiesForex strategy Greenback Falls on Bernanke’s Dovish Comment The dollar fell against major currencies on Thursday after Federal Reserve Chairman Ben S. Bernanke indicated the Fed may cut interest rates further amid increasing risk of a US recession. After falling overnight on stronger-than-forecast Japanese GDP which led to a Japanese equity rally and increased risk appetite, the yen later reversedhttp://fx-traders.blogspot.com/2008/02/forex-strategy-greenback-falls-on.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-4558946523209042433Thu, 14 Feb 2008 14:06:00 +00002008-02-14T14:06:23.862+00:00Forex Education Trading StrategiesForex strategy EURUSD - Recovery off the 1.4438 low printed on Feb 07’08 low continues to build up but as long as it remains below the 1.4751/52 zone, its Nov 09’07/Dec 11’07 highs, risks are for a turn lower towards its ST riding trendline currently at 1.4405 with clean break of there setting the stage for additional lower prices targeting the its Jan 22’08 low at 1.4364 and then the 1.4310 levelhttp://fx-traders.blogspot.com/2008/02/forex-strategy-eurusd-recovers-higher.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-133739602451085733Thu, 14 Feb 2008 08:12:00 +00002008-02-14T08:12:26.132+00:00Forex Education Trading StrategiesForex strategy Surprise Riskbank hike yesterday boosts SEK. US Trade Balance and Fed"s Bernanke on tap today. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments : New Zealand Jan. Business PMI out at 53.3 vs. revised 53.6 in Dec. Japan Q4 GDP out at 0.9% QoQ vs. 0.4% expected. Australia Jan. Unemployment Rate out at 4.1% vs. 4.3% expected Australia Jan. Employment Change out at http://fx-traders.blogspot.com/2008/02/forex-strategy-aud-perks-up-on-robust.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-323329326594409183Wed, 13 Feb 2008 17:35:00 +00002008-02-13T17:35:16.313+00:00Forex basicForex Education Trading Strategies A simple system that will improve your trading Contents The 3 Duck’s Trading System 1. A common sense approach to price observation 2. Back testing – I’m not a big fan 3. Risk versus Reward – It’s GOLDEN 4. Getting started 5. The first duck 6. The second duck 7. The third duck 8. Entries – A good entry makes a big difference 9. Stop-losses – If it doesn’t work out, get out 10. http://fx-traders.blogspot.com/2008/02/forex-basic-3-duck-trading-system.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-6664814155166887251Wed, 13 Feb 2008 13:38:00 +00002008-02-13T13:38:45.533+00:00Forex Education Trading StrategiesForex strategy Australian consumers fret about high interest rates as confidence falls. GBP may see volatility on quarterly inflation report. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: Australia Feb. Consumer Confidence fell -5.5% Japan Jan. Domestic CGPI rose 3.0% YoY vs. 2.8% expected Japan Dec. Adjusted Current Account was ¥1855B vs. ¥1948B expected UK Jan. RICS House Balance http://fx-traders.blogspot.com/2008/02/forex-strategy-us-retail-sales-on-tap.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-1677183602334604542Tue, 12 Feb 2008 14:39:00 +00002008-02-12T14:39:34.138+00:00Forex Education Trading StrategiesForex strategy EURUSD - Although EUR has been consolidating since torching a low of 1.4430 the past week, its continued trading below the 1.4600 levels now risks further downside losses towards its short term rising trendline currently at 1.4397 where a decisive penetration should see the pair aiming at its Jan 22’08 low at 1.4364 and then the 1.4310 level, its Dec 20’07 low. The latter is http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies_12.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-8338907919194407792Tue, 12 Feb 2008 11:28:00 +00002008-02-12T11:28:54.844+00:00Forex Education Trading StrategiesForex strategy Australian Business Confidence drops heavily to new post 9/11 low. UK Inflation data on tap. MAJOR HEADLINES – PREVIOUS SESSION Overnight developments: UK Jan. BRC Retail Sales Monitor showed total sales increasing at a 4.9% clip, not adjusted for inflation Australia Jan. NAB Business Confidence dropped sharply to -4 from 5 THEMES TO WATCH – UPCOMING SESSION Key event risks today (http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies-usd.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-6532339184343428895Mon, 11 Feb 2008 09:01:00 +00002008-02-11T09:01:39.601+00:00Forex Education Trading StrategiesForex strategy EURUSD - EUR closed the week lower wiping out almost all of its two weeks gains to end the week on Friday at 1.4504.Having failed ahead of the 2007 peak at 1.4967 and cut through layers of support to trade at the present levels, EUR now risks further decline towards its Jan 22’08 low at 1.4364 with a breach of there opening the door for further weakness targeting the 1.4310 level, http://fx-traders.blogspot.com/2008/02/forex-education-trading-strategies_11.htmlnoreply@blogger.com (Bill Greis)tag:blogger.com,1999:blog-1548656926394613150.post-1046444497941714411Mon, 11 Feb 2008 07:53:00 +00002008-02-11T07:53:55.407+00:00Forex Education Trading StrategiesForex strategy Trading Tip – Given a slowdown in overall market volatility, the British Pound has been trading within a fairly wide range against the Swiss Franc through the past several weeks of currency trading. Assuming that market conditions remain as they have, we believe that this represents an ideal opportunity to play the range in the GBPCHF. Medium term momentum suggests that risks remainhttp://fx-traders.blogspot.com/2008/02/forex-strategy-british-pound-range.htmlnoreply@blogger.com (Bill Greis)