Hello Traders,
I opened these thread for discussion, analysis & trading GBP/USD and EUR/USD currencies. And EUR/GBP pair as Related.
All traders in this Thread can use for :
RESOURCES (Added August 21, 2012)
A. Education
1. Baby Pips
2. Investopedia
B. Dictionary
1. Financial Dictionary
INFO, HELP & TOOLS (Added August 19, 2012)
A. World Time Clock & Map
1. Stocktime
2. 24timezones
3. World Market Hours
4. WorldTimeZone
B. World Economics & Bank Data
1. Trading Economics
2. Reuters Breaking views
C. Market Overview & Analysis
1. Bar Chart
2. Economic Calendar
2. Also Sprach Analyst
3. Seeking Alpha
TRADING SYSTEMS & INDICATORS (Added August 16, 2012)
A. Trading Systems & Strategies
1. Forex Strategies Revealed
2. Forex Strategies Resources
3. Strategy4forex
B. Indicators
1. Indicators MT4
2. 35pip
STUDIES, HANDBOOKS & TECHNICAL ANALYSIS (Added August 5, 2012)
A. Studies
1. Forex Education
2. Online Trading Concepts
3. Candlestick Pattern
B. Handbooks
1. Stock Market Wizards by Jack Schwager
2. The Disciplined Trader by Mark Douglas
3. The Original Turtle Trading Rules
C. Tehnical Analysis [ TA ]
1. Technical Analysis - Incredible Charts
2. Technical Analysis Indicators - About
3. Chart Analysis - Stock Charts
3. WRB Analysis (Wide Range Body / Wide Range Bar Analysis) - The Strategy Lab
4. Pivot Points - Action Forex
D. Historial Chart & Data
1. Historical Exchange Rates
2. Historial Chart
3. Pivot Point Calculator
E. BLOG's
1. Economic insight and analysis - by The Wall Street Journal
2. Commitment of Traders (COT) Blog's - by Alex Roslin
3. Market's Review & Outlook Blog's - by Marc Chandler
4. Price Action (PA) Blog's - by Nial Fuller
All the Best,
Tsar
I opened these thread for discussion, analysis & trading GBP/USD and EUR/USD currencies. And EUR/GBP pair as Related.
All traders in this Thread can use for :
- Trade and Exchange ideas with own Trading Style's.
- Discussion & Share his/her experienced.
- Analysis, Estimate & Outlookwith Tehcnical Analysis [TA] or Fundamental.
In many situations the Technical chart patterns and Associated trade setups may look similar for both the EUR/USD & GBP/USD as an Example.
Suppose a Trader predicts the US Dollar weakness against both the Euro and the British Pound, but wants to avoid 'Double exposure' to the Dollar in the event it strengthens instead of weakens. Should the trader Sell the EUR/USD / Sell the GBP/USD ?
The answer to this question may become easier upon inspection of the EUR/GBP. If this cross currency pair is trending Upward it indicates the Euro is stronger than the Pound. In this scenario, a Trader wanting to BUY either the EUR/USD or the GBP/USD, buying the EUR/USD would be 'the better' option. Since the Pound is weaker relative to the Euro, if it proves to strengthen against the US Dollar it is likely to strengthen less than the Euro – hence the EUR/USD is a better Long trade than the GBP/USD
RESOURCES (Added August 21, 2012)
A. Education
1. Baby Pips
2. Investopedia
B. Dictionary
1. Financial Dictionary
INFO, HELP & TOOLS (Added August 19, 2012)
A. World Time Clock & Map
1. Stocktime
2. 24timezones
3. World Market Hours
4. WorldTimeZone
B. World Economics & Bank Data
1. Trading Economics
2. Reuters Breaking views
C. Market Overview & Analysis
1. Bar Chart
2. Economic Calendar
2. Also Sprach Analyst
3. Seeking Alpha
TRADING SYSTEMS & INDICATORS (Added August 16, 2012)
A. Trading Systems & Strategies
1. Forex Strategies Revealed
2. Forex Strategies Resources
3. Strategy4forex
B. Indicators
1. Indicators MT4
2. 35pip
STUDIES, HANDBOOKS & TECHNICAL ANALYSIS (Added August 5, 2012)
A. Studies
1. Forex Education
2. Online Trading Concepts
3. Candlestick Pattern
B. Handbooks
1. Stock Market Wizards by Jack Schwager
2. The Disciplined Trader by Mark Douglas
3. The Original Turtle Trading Rules
C. Tehnical Analysis [ TA ]
1. Technical Analysis - Incredible Charts
2. Technical Analysis Indicators - About
3. Chart Analysis - Stock Charts
3. WRB Analysis (Wide Range Body / Wide Range Bar Analysis) - The Strategy Lab
4. Pivot Points - Action Forex
D. Historial Chart & Data
1. Historical Exchange Rates
2. Historial Chart
3. Pivot Point Calculator
E. BLOG's
1. Economic insight and analysis - by The Wall Street Journal
2. Commitment of Traders (COT) Blog's - by Alex Roslin
3. Market's Review & Outlook Blog's - by Marc Chandler
4. Price Action (PA) Blog's - by Nial Fuller
All the Best,
Tsar
Always looking the GREAT, never left GOOD Point...
