May 13th, 2012

One Simple Rule to Control Your Daytrading Losses

The poster “gmst” discusses the finer points of trading the e-mini S&P contract, but his insights are just applicable to the FX Market. I liked his post so much, that I am going to replicate it in this week's column with one personal observation – ever …See all stories on this topic »

May 13th, 2012

Trading Week Outlook

Ilian Yotov is familiar to many traders as the creator of The Quarters Theory method and as one of the FX market strategists on Traders Television Network. Ilian is the founder of AllThingsForex.com and TraderTape.com, and the host of the popular daily …See all stories on this topic »

May 13th, 2012

Weekly Economic and Financial Commentary

While it was a fairly light week for economic data, the indicators released painted a somewhat better labor market picture. Last week’s disappointing nonfarm payroll report now appears to be an even greater paradox, with weaker-than-expected payroll gains and a pullback in the unemployment rate driven by a reduction in

May 13th, 2012

The Weekly Bottom Line

Once again all eyes were on Europe this week following the results of the French and Greek weekend elections, which appear to have rejected the idea of austerity as the key to Europe’s salvation. Hollande’s win in France marks the shift in sentiment to an agenda of growth. Meanwhile in

May 13th, 2012

Weekly Review and Outlook: Risk Markets Tumbled on Greece Uncertainties, More Selloff Ahead

Global risk markets tumbled last week as political uncertainty in Greece raised the odds of the country leaving Eurozone. European majors dropped against dollar and yen, with EUR/USD broke below 1.3 psychological level. But Aussie and Kiwi were even weaker on risk aversion. Dollar index broke 80 psychological level and

May 12th, 2012

The Bank of England’s Next Move

The BOE kept rates on hold when it concluded its May meeting last week; it also allowed the asset purchase program to come to an end. Since the UK slipped back into recession in Q1 2012 and the growth figures at the start of the second quarter have continued to

May 12th, 2012

AUD/USD in a Double Bottom Attempt

The AUD/USD was in a corrective rally trading in an upward channel during the 5/9-5/10 trading session. As we entered the 5/11 trading session, the market fell below the correction pattern and cracked this week’s low at 1.0019, but only barely. It held above 1.0015 and is now back to

May 12th, 2012

EUR/CHF Weekly Outlook

No change in EUR/CHF’s outlook as the sideway consolidation continued. Near term Outlook remains neutral and more consolidative trading could be seen inside 1.2000/2034 zone. Downside of any selloff attempt should be contained by SNB’s 1.2 floor and bring recovery. On the upside, breach of 1.2034 could be seen on

May 11th, 2012

Technical Maintenance on FXOpen Trading Servers

Technical Maintenance on FXOpen Trading Servers. On May 8, 2012 FXOpen's trading servers will be stopped for 1 hour due to urgent technical maintenance.www.fxopen.com/news.aspx?id=b69606c2-b99c-422d…

May 11th, 2012

Currency Trading Commentary: 8 May | Forex Trading News

FX Trading News & Strategies from Australian Stock Report. Fx Trading news. Australian Dollar News · Currency Pairs News · AUD CAD Chart · AUD USD Chart …www.australianstockreport.com.au/…/currency-trading-comme…

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