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Your Source for Daily FOREX Market News and Analysis (Daily FX)
Interested in building your own SSI-based strategy? Request SSI data on our forex forum.
03/11/2010 - 10:56 AM
Make Money Currency Trading - Get Forex Signals Sent Direct To Your PC (OfficialWire)
First thing you need to trade Forex is a computer (PC or MAC) with Internet connection. You have a computer, right? It can even be a computer in an Internet cafe or library - it doesn't matter.
03/11/2010 - 03:50 PM
Leading Forex Introducing Brokers Form Coalition to Challenge Proposed CFTC Rulings (Marketwire via Yahoo! Finance)
BOSTON, MA--(Marketwire - 03/11/10) - Today, a group of leading Forex Introducing Brokers (IBs) announced the formation of www.ibcoalition.org , an organization comprised of independent, regulated Forex Introducing Brokers who have joined together to challenge the proposed CFTC rules titled "Regulation of Off-Exchange Retail Foreign Exchange Transactions and ...
03/11/2010 - 08:30 AM
FXCM Introduces Mobile Forex Trading (Daily FX via Yahoo! Finance)
New York, March 10, 2010FXCM, ( www.fxcm.com ) one of the worlds largest online forex brokers, has introduced a beta version of its mobile trading platform.Available for iPhone, BlackBerry, and Windows Mobile phones, FXCMs mobile Trading Station II provides forex trading anytime and anywhere.* FXCM Mobile TSII gives traders the ability to keep track of their account ...
03/10/2010 - 04:00 AM
Your Source for Daily FOREX Market News and Analysis (Daily FX)
Crude oil, gold and silver rebounded amid broad-based selling of the US dollar in what appeared to be a return to typical "risk on" trading in European hours.
03/12/2010 - 05:54 AM
Your Source for Daily FOREX Market News and Analysis (Daily FX)
Last week, we opted to book profits on our short USDJPY position as prices put in a Bullish Engulfing candlestick formation, hinting that a rebound was ahead.
03/12/2010 - 05:09 AM
Your Source for Daily FOREX Market News and Analysis (Daily FX)
We initially sold EURUSD at 1.4881 . The pair has done very little for nearly five weeks with prices locked in a narrow consolidation range above 1.35. Significant resistance is now in sight, marked by the upper boundary of a steep falling channel set from the swing high in early December (now at 1.3731), with a break higher beyond this boundary would expose the 1.38 figure.
03/12/2010 - 04:55 AM
Your Source for Daily FOREX Market News and Analysis (Daily FX)
AUDUSD positioning continues to cautiously favor the downside with prices showing the outlines of a bearish Rising Wedge formation. That said, we do not have a clear entry signal at present and will continue to monitor price action for selling opportunities.
03/12/2010 - 04:55 AM
Your Source for Daily FOREX Market News and Analysis (Daily FX)
We initially sold GBPUSD at 1.5765 . Prices are little changed from last week, consolidating near the 1.50 level after breaking through the bottom of a falling channel established from the swing high in mid-November.
03/12/2010 - 04:55 AM
Your Source for Daily FOREX Market News and Analysis (Daily FX)
Trading has been very choppy recently and we will take this opportunity to pull back to the weekly chart for a read on longer-term positioning. A fairly well-defined downward-sloping channel is set up from the major top in mid-October 2009, giving NZDUSD a bearish bias.
03/12/2010 - 04:55 AM
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