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- ForexJam replied Jan 7, 2009
hi there, I think the best charcteristic of a Forex trader is the one who manages using Simple Method + With Discipline + Control Risks well is a REAL Forex Trader....
- ForexJam replied Jan 7, 2009
Hello guys... As As I had expected, EURUSD made another bearish momentum yesterday. The pair hit my short target at 1.3380 even further, bottomed at 1.3313 but closed higher at 1.3498. We have another descending triangle both on hourly 4h chart ...
- ForexJam replied Jan 7, 2009
Have a look at the current GBP and USD trends....
- ForexJam replied Dec 29, 2008
EUR/GBP parity is simply a level that investors become slightly hypnotised by because it has been an almost unthinkable situation in the past decade. But if we were to cross the previously inconceivable 1.00 during the next few months (or perhaps ...
- ForexJam replied Dec 29, 2008
According to the chart i see this pair is in the middle of a steady uptrend, and is testing fresh highs on a daily basis. The very important key resistant level of 1.4150 has been breached and the pair is likely to continue its bullish trend. The ...
- ForexJam replied Dec 29, 2008
Hi, A good broker can then be define as a broker who provides the basic services and keep the spreads low and fixed. The issue about floating spreads is that there are times when the spreads can go to atrocious levels and that means if you place ...
- ForexJam replied Dec 29, 2008
Hi AngelaTrix Thanks for the update. According to the article i read at Finexo, the dollar depreciated in the markets ahead of scheduled housing data for tomorrow projected to show further weakness in the housing market while investors remain highly ...
- ForexJam replied Dec 18, 2008
Definitely most of the traders face this problem in the initial phrase of their tradings. This is mainly due to the inexperience and immaturity of the traders. One should select brokers only after thorough investigation and experiences of others. I ...
- ForexJam replied Dec 18, 2008
Hi Faced with the threat of deflation, the Federal Reserve (Fed) may be trying to drive the dollar lower to spur inflation. As policy makers don’t want home prices to deteriorate further, an alternative is to inflate the prices of all other goods ...
- ForexJam replied Dec 18, 2008
Hi there, I have seen the decline from 2.1174 to 1.8487 which was in the 3 waves, which is corrective and indicates that the larger trend is still up. A break above 2.1174 is expected... eventually. However, a larger correction in the form of a ...
- ForexJam replied Dec 18, 2008
Hi, The Euro (Eur/Usd) struggled in the early part of the last day of trading to break above the 1.4150 resistance area. The pair failed to do so until the U.S. session opened, when the euro went up around 350 pips. This week, the euro advanced a ...
- ForexJam replied Dec 18, 2008
Hi The consolidation / correction that began from the October low is either a B wave (triangle or flat) within an A-B-C decline or part of a second wave (flat) within an impulse. I wrote last week that 'there is short term upside potential to 126 if ...
- ForexJam replied Dec 6, 2008
Hi friend, Successful traders know when to trade: they trade when their system tells them to. That might seem like an obvious point, but people too often forget it during the excitement of actually having money on the line. A trader should be ...
- ForexJam replied Dec 6, 2008
hi there Looking in at the hourly chart, the GBPUSD rally from 1.4554 is clearly corrective. While this could be the beginning of a flat or triangle, it may also be a completed correction at 1.5539 that will lead to new lows. Further, the decline ...
- ForexJam replied Dec 6, 2008
Hi, It is always difficult to make exchange rate forecasts, particularly when the currency market is very volatile. Even so, i have been arguing that a considerable deterioration of the euro zone economy in 2009, could lead to a significant shift of ...
- ForexJam replied Dec 6, 2008
Hi there, Looking at the price trend today we can say that the EURAUD has been consolidating in a large Pennant formation since early October. This is a continuation pattern, so considering the trend was pointing up prior to consolidation a bullish ...
- ForexJam replied Dec 6, 2008
LOL .... anyways according to the chart analysis i think the buying point should be at 1.2751; based on a strong demand in the market. and the selling point is at 1.2590; based on a break of a strong support. All The Best!!!
- ForexJam replied Nov 22, 2008
Exactly.....
- ForexJam replied Nov 22, 2008
Hi there. The U.S. dollar fell against the euro yesterday, speculation that the Federal Reserve will cut interest rates and flood the financial system with cash in a recession leads to falling prices. Yesterday EURUSD opened and closed at 1.2447 to ...
- ForexJam replied Nov 22, 2008
Finexo offers the following services: - Homepage: url - Minimum Deposit : $25 Dollars - Accounts Type: Mini, Classic, VIP - Leverage: 200:1 - Platform : Web-based - Deposit Methods: PayPal,MoneyBookers, Liberty Reserve, E-Bullion, Credit Card and ...