Forex Trading Strategies

Sudan's forex black market on hold

Kernel — Sun, 20 May 2012 12:09:57 +0000

Black market currency traders in Sudan put their business on hold on Sunday to assess the impact of new government measures aimed at closing a wide gap between the official and unofficial forex rates.

ZuluTrade: Leading Automated Social Forex Trading Platform Now Available to …

Sun, 20 May 2012 03:14:08 +0000

ZuluTrade: Leading Automated Social Forex Trading Platform Now Available to …
ZuluTrade.com, the largest social Forex autotrading platform that has revolutionized Forex trading by introducing the rating and following of Forex experts’ performance, announced its new partnership with Nord FX, a rising star of the Forex industry.
Read more on MarketWatch (press release)

Argentina Clamps Down on FX Trading in Black Market
By Charles Newbery BUENOS AIRES (MNI) – Argentina’s federal tax authority Wednesday ramped up the efforts to stamp out currency trading in the black market, a day after the peso plunged against the dollar that venue. The black-market exchange rate fell …
Read more on MNI News

Weekly Review and Outlook: Risk Markets to Stablize Briefly after Steep Selloff, But Vulnerable …

Kernel — Sat, 19 May 2012 12:27:27 +0000

Risk aversion dominated markets last week and wold stock markets turned negative for the year as MSCI world index erased all it’s gains this year. We’re talking about S&P 500 having the losing losing streak since last August. Major European indices fell last week with notable fall in FTSE by

Europe Steps Closer to the Cliff Edge

Kernel — Sat, 19 May 2012 04:56:27 +0000

It was a pivotal week for the Eurozone after Greece announced that it was heading back to the polls after the top three parities failed to form a coalition government. So now Greece is leaderless, there is a caretaker government in place but it won’t be able to enforce the

Europe Steps Closer to the Cliff Edge

Kernel — Sat, 19 May 2012 04:56:27 +0000

FOREXYARD Introduces Forex Automatic Trading

Fri, 18 May 2012 22:15:18 +0000

(PRWEB) November 9, 2009

Online Forex Broker FOREXYARD forges ahead with an ever widening array of products by launching its FSA (Forex Strategy Automator) account. The new product is more than just a new account type. It allows traders to choose pre-made strategies to trade on their behalf, essentially Forex Automatic Trading. Basically, where once a user would need to go through the steps of learning all there was to learn about forex trading, customers now need only choose a strategy that suits his or her needs and desires and the rest is automated. The technology is also revolutionary for experienced traders, allowing them to diversify their portfolios. The technology is completely web based, requires no download, and can be used on any computer or browser type.

The technology allows novices and experts alike to step into the forex market with little or no knowledge whatsoever. FOREXYARD makes only one assumption; that a customer can decide for himself who best to manage his portfolio. Customers need only imagine that they are stepping into a full service brokerage where they can meet and learn everything about their account manager including performance history. So at a click of a button, a customer can choose who best to manage his money – based on real performance.

Forex traders more familiar with the Meta Trader platform will also be very comfortable with this new account type. FOREXYARD customers using the aptly named FSA (FOREX STRATEGY AUTOMATOR) account can now utilize all the benefits found on MT4, but on a legitimate broker’s software. Foreyard’s new software allows an EA (Expert Advisors) the ability to upload strategies on to the platform making them readily accessible to all of Foreyard’s customers. The new functionality will allow traders the world over to choose any number of Auto-Forex Trading Strategies to work for them while EAs can upload their own strategies just like on MT4.

Established in 2005, FOREXYARD is an online foreign exchange broker providing thousands of customers the vehicle they need to trade. By providing this new technology, Forex Automatic Trading, FOREXYARD hopes to take some of the bite out of learning forex.

###

Trade Idea Wrap-up: GBP/USD – Sell at 1.5930

Kernel — Fri, 18 May 2012 15:39:08 +0000

Despite intra-day brief fall to 1.5732 on massive risk aversion, current rebound suggests a minor low is formed and consolidation with mild upside bias is seen for retracement to the Ichimoku cloud bottom (now at 1.5865), however, upside should be limited to previous support at 1.5889 and renewed selling interests

Trade Idea Wrap-up: GBP/USD – Sell at 1.5930

Kernel — Fri, 18 May 2012 15:37:13 +0000

Trade Idea Wrap-up: EUR/USD – Sell at 1.2810

Kernel — Fri, 18 May 2012 15:37:11 +0000

Despite intra-day resumption of decline to 1.2642, lack of follow through selling and current rebound suggest minor low is possibly formed and retracement to previous resistance at 1.2759 cannot be ruled out, however, upside should be limited to the upper Kumo (now at 1.2765) and renewed selling interests should emerge

Trade Idea: EUR/GBP – Sell at 0.8100

Kernel — Fri, 18 May 2012 14:58:11 +0000

As the single currency has staged a strong rebound after falling marginally to 0.7951, suggesting a minor low is possibly formed and consolidation would be seen with mild upside bias for retracement to 0.8075-80, however, renewed selling interest should emerge around 0.8100 and bring another decline. A breach of said