As another experienced opinion, the input in previous posts should be heeded basically. The challenges I've had with Forex are as follows......
USD/CHF is high at just over 0600 and should bounce down 50 pips or more later today, probably from where it is now. The rrr is 2:1 or better...
USD/CAD may exceed 0275 area before retracing so the small scale Elliot Count bears watching. The reversal when it happens should be worth a few...
Australia Better Placed Than Most to Resist Downturn, Swan Says By Angela Macdonald-Smith July 29 (Bloomberg) -- Australia is better placed...
Canadian Dollar Drops For Fifth Day on Weakening Commodities By Jamie McGee July 28 (Bloomberg) -- The Canadian dollar declined for the...
USD/CAD is reaching up nicely and should retrace well. I'm watchiong for an entry of about 0270-75 at this time. Target will be 0210
July 28 (Bloomberg) -- The International Monetary Fund said there's no end in sight to the U.S. housing recession and warned that deteriorating...
After a bounce up, the EUR/USD should work its way down to well below 5750 so catching catching a sell at the top of a bounce up and going with...
GBP did drop nicely but after reaching a bit higher today. As it failed to reach 0050 area yesterday I didn't trade it and missed the sell at over...
EUR/USD appears to have reached a bouncepoint at 5823-25 area and should be good for a daytrade up of 25-30 pips with partial profit taken to...
I missed the entry on that... good thing, it was a losing trade concept due to breakout up of G/U during an often slow time of day. Given the...
GBP is rising to a boucepoint of about 9995-2000 for a daytrade down. Stop 25-30 pips. Target 45-50 pips lower.
DUBLIN, July 18 (Reuters) - Euro zone growth is likely to be weak in the second and third quarter before staging a recovery, and the risk of...
TOKYO (Thomson Financial) - Bank of Japan (BoJ) Governor Masaaki Shirakawa said on Friday the Japanese economy is expected to grow at a slower...
USD/CAD rises about 80 pips then plummets 100. Bought at 0078 as it's sure to bounce a bit. Fundamentals don't explain the volitility to me yet,...
Canadian employers unexpectedly shed jobs in June for the first time this year, pushing the unemployment rate up and showing that the effects of...
USD/CAD is over 0205 and should retrace a bit soon. GBP/CHF is high and if it reahces 0400 soon the it's worth considering a sell attempt....
By Haris Anwar and Jamie McGee July 3 (Bloomberg) -- Canada's dollar fell after a U.S. government report showed the unemployment rate in the...
U.S. Stocks Tumble, Sending Dow to Worst June Since Depression By Michael Patterson June 26 (Bloomberg) -- U.S. stocks tumbled, sending...
Commodities Rally as Fed, Energy Costs Revive Inflation Concern By Millie Munshi and Pham-Duy Nguyen June 26 (Bloomberg) -- Commodities...
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