There are two key advantages to doing your Forex business on a platform that also handles futures business. • You can keep the bulk of your funds on the futures side of the account where your money is segregated from the brokers operating funds • You have access to free quotes and charts on leading indicator markets [...] [...more]
Monthly Forex Report for 1/8/11 Click the link below to view Jay’s Weekly Forex Report for 1/8 where he covers the major currencies and the U.S. stock market. http://bcove.me/v0n4atyb Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that changing political/economic [...] [...more]
EURUSD The dominant technical event for the Euro is still that it reversed the course of its monthly trend in November to bearish against the Greenback in sympathy with higher U.S. long-term rates. It is still however above a confluence of support between the 3-month low at approx 130.00 and the 50% retracement of the [...] [...more]
Daily Forex Report for 12/21/10 Click the link below to view Jay’s Daily Forex Report for 12/21 where he covers the major currencies and the U.S. stock market. http://bcove.me/943von8v Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]
Relationships change, behavior does not; which is why we teach how to spot set-ups and signals in individual markets, and don’t dwell on parallel analysis between markets. We would never want to rely on a market relationship in our trading, because relationships by definition change. I focus on currencies but work with clients who actively trade commodities and the [...] [...more]
Despite summer soda pop rallies in the more speculative Pound and Euro, the asset class market’s AUDUSD and AUDJPY, which hold a much greater interest from institutional investors and professional traders, because of their yield, ended the week lower. CADJPY, another cross with serious institutional interest posted an 8-month low settlement on Friday, and along with AUDJPY flashed a sell [...] [...more]