With each new sell-off coming on less and less momentum, and with the December low now holding, the inevitable question is do we have a double bottom in USDCHF? It certainly is a possibility. And all the more attractive given the short-term trend is now higher on the daily chart. There is still one bit [...] [...more]
The understanding that it is economic and sociological occurrences that creates the price patterns which we see on stock, currency and commodity charts will go a long way in allowing an individual to move from analyzing markets to trading markets. The realization that fundamentals are already reflected in the price chart opens the door to [...] [...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]
Many trading lessons are not learned until the student runs out of money. The same is true of life lessons. It is the law of the jungle really. One big difference between those that survive and those that don’t is the understanding that it’s not the speculators job to figure out which way the market [...] [...more]
Before you can begin to trade in a demo or live account it is important that you spell out your trading plan. Please don’t start with bad habits and try to “wing it” – you will only frustrate yourself and eventually blow out your account. This is very important because by writing it out yourself, and [...] [...more]
Daily Forex Report for 8/25/10 Click the link below to view Jay’s Daily Forex Report for 8/25 where he covers the major currencies and the U.S. stock market. http://link.brightcove.com/services/player/bcpid86410614001?bctid=595153270001 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]
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Apr | ||||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
Copyright © Trading University Daily. NewsPress Theme by 
