Forex Crunch Forex Weekly Outlook – January 3-7 |
- Forex Weekly Outlook – January 3-7
- China Slows at the End of 2010 – Sign for 2011?
- + 550 Pips On My Last Two Trades
| Forex Weekly Outlook – January 3-7 Posted: 01 Jan 2011 03:36 AM PST A New Year and a fresh start with US ISM Manufacturing PMI, US FOMC Meeting Minutes, American and Canadian Employment Data. Here is an outlook on the market movers on the first week of 2011. U.S. consumer confidence unexpectedly dropped in December slipping to 52.5 from 54.3 in November following disagreements in Congress, high unemployment [...]        |
| China Slows at the End of 2010 – Sign for 2011? Posted: 01 Jan 2011 03:34 AM PST China’s manufacturing PMI unexpectedly fell, in the last release for 2010. Will this hurt the powerful Aussie, or be only a temporary bump like last week’s Chinese interest rate hike event? The purchasing managers’ index for the manufacturing sector disappointed with a drop to 53.9 points, instead of rising from 55.2 to 55.7 points, as [...]     |
| + 550 Pips On My Last Two Trades Posted: 31 Dec 2010 09:08 AM PST Guest post by NewstraderFX Yes-you read that correctly. I’m currently up 550 pips on long EUR/USD and GBP/USD trades. Have a look at my twitter page http://twitter.com/NewstraderFX where I posted the charts. My theories regarding trading have to do with establishing the bias, understanding market correlations, psychology and economic fundamentals, along with the use of Fibonacci [...]     |
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