Forex Crunch Looking at Crosses – Elliott Wave

Forex Crunch Looking at Crosses – Elliott Wave

Looking at Crosses – Elliott Wave

Posted: 18 Feb 2011 04:58 AM PST

Hello Traders! Major pairs are very tricky at the moment, with some choppy and mixed signals across the board. It's not easy to read those patterns right now and as such, we deiced to look at some crosses. On the video below Gregor Horvat will make a detailed outlook on Eur/Aud, Eur/Cad, Eur/Jpy and Gbp/Chf.

EUR/USD Feb. 18 – Dipping Below Uptrend Channel

Posted: 18 Feb 2011 12:37 AM PST

EUR/USD dipped below the uptrend channel as the G-20 meetings begin. Will we see a collapse, or is it a false break? Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Made yet another attempt to conquer 1.3610 – it didn’t stay above. Current range – 1.35 – 1.3570 Further

Forex Links for the Weekend – February 19

Posted: 17 Feb 2011 02:00 PM PST

The markets are now closed, and it’s time for some forex articles with a larger scope, for the weekend’s reads. Here’s a roundup of selected pieces from around the web: Jakob publishes 7 great tips and tricks for forex traders – this is a collaborative effort I’ve been part of. Kathy Lien analyzes the triangle

Forex Daily Outlook – February 18 2011

Posted: 17 Feb 2011 02:00 PM PST

Fed Chairman Bernanke Speaks in the US and BOE Gov King Speaks in the UK are the highlights of today's outlook. Let’s see what awaits us today. G20 Meetings are attended by finance ministers and central bankers from 20 industrialized nations including the G7 nations – Canada, Italy, France, Germany, Japan, the UK, and the

AUD/USD Feb.18–Aussie Rallies against Uncertain US Dollar

Posted: 17 Feb 2011 12:18 PM PST

The Aussie is higher against the US Dollar Thursday, following the release of a slew of uncertain US economic data. The Aussie is currently trading at 1.0125, up 0.86% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie continued to rally against

A Hedge to the Dreaded Rally Reversal

Posted: 17 Feb 2011 05:57 AM PST

Trading volume creating momentum after a market event and causing a breakout rally is great to the traditional Forex trader – so long as it does not rapidly reverse with momentum gaining then behind the reversal.  With leverage used in a traditional Forex trade, if a reversal occurs, any stop losses placed do little to
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