Archive for February, 2008
Next Entries »Forex Trading: GBP-JPY Today
Friday, February 15th, 2008GBP/JPY at critical point 212.00/50 where upward extention towards 219/220 or breakdown towards 209.75/210 could occur. Like most things in life the certainty cannot be guaranteed and this is why forex trading thrives on the of the risk/reward uncertainty presents.
GBP-JPY Swing: How I Gained 461 Pips In Four Days
Thursday, February 14th, 2008It’s been a very nice four days of trading GBP-JPY in the forex market this week. I took a very position very tentatively early hours of Monday morning. Forex chart: GBP-JPY Trade. Something very unusual happened today. I placed a stop-loss without activating the limit order. I checked it Tuesday evening but still could not spot the mistake until Wednesday evening.
GBP-USD Mid-Term Outlook: Is Cable Losing Grip?
Thursday, February 14th, 2008The recent weeks of market turmoil has created a dim financial market outlook for the future and that includes the forex market. Should that bother you as a forex trader and how does this impact on your forex trading? Well, a great deal perhaps. The subprime challenges, capital and equity markets, consumer spending all these were significantly affected. These in turn affect the interest rates, the macro economics and reports which delivered to measure the health of our countries’ economies.
Next Entries »
