Forex Crunch EUR/USD Jan. 28 – Battle Over 1.37 Continues

Forex Crunch EUR/USD Jan. 28 – Battle Over 1.37 Continues

EUR/USD Jan. 28 – Battle Over 1.37 Continues

Posted: 27 Jan 2011 11:36 PM PST

EUR/USD is still struggling to hold above 1.37, the line that capped it for many days, as we await GDP in the US. How will it close the wee ?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  struggled  just above 1.37.. Current range – 1.37 to 1.3830 Further

Forex Daily Outlook – January 28 2011

Posted: 27 Jan 2011 02:00 PM PST

In the UK Nationwide HPI and Unemployment Claim & Pending Home Sales in the US are some to the important events. Let’s see what awaits us today. In the US, Advance Gross Domestic Product (GDP), change in the inflation-adjusted value of all goods and services produced by the economy; is about to rise by 0.9%,

AUD/USD Jan.28–Aussie Continues Down Against US Dollar

Posted: 27 Jan 2011 12:05 PM PST

The Aussie traded lower Thursday against the US Dollar following the Australian Government’s announcement of a flood relief tax. The Aussie was trading at 0.9921 down 0.30%, as of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: AUD/USD traded lower again Thursday.   Current range: 0.9876 –

Trading System Pitfalls and How to Avoid Them

Posted: 27 Jan 2011 07:42 AM PST

Traders following a trading system need to be aware of some of the associated pitfalls that can seriously impact the profitability of their trading. One of the most important pitfalls to avoid consists in failing to follow the system properly under all optimum trading conditions. Guest post by Forex News Now Major Pitfalls to Avoid

Forex Broker Profitability Rules Change

Posted: 27 Jan 2011 06:41 AM PST

Remember that one broker had much higher profitability than others? Well, this was probably due to passive accounts that paid interest. The calculation is going to change – meaning that we’ll see significant changes. The new CFTC rules introduced in October included a requirement to include the number of accounts and the percentage of profitability.
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