02 March 2009
Using Expert Advisors - also known as being a Forex Sheep
Let’s just run through this scenario:
20,000 trades get placed simultaneously - or 20,000 attempts are made to get the same trade placed. Online brokers do tend to notice these things,
27 February 2009
We Need a Word for this Ridiculous New Effect in the Forex Market - Any ideas?
Bad news for the US economy, lower jobs, lower GDP, leads to lack of confidence
Which leads to a rush towards safe haven currencies…
Which leads to buying USD - because USD is in itself, considered a safe-haven currency…
So bad US news leads to USD going up.
26 February 2009
Camarilla Pivot Points in Forex
Camarilla Pivot Points are (unfortunately) covered in the same mystique as Fibonacci retracement - involving higher mathematics to produce a magic formula that somehow the markets are bound to follow
25 February 2009
Forex Fundamental Analysis - Trade Balance
Balance of trade figures are another important facet of fundamental economic analysis. The trade balance compares exports versus imports for a given economy - sometimes the figures are broken into separate balances covering goods and services
13 February 2009
The Bollinger Squeeze
Bollinger bands are a great way of understanding market movements if you’re new to the forex game. Everybody uses them, and overall, the concept is relatively easy to understand.
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(5 marks)
