Forex Related Staff miscellaneous

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Forex Trading - Trading Only Price

Wednesday, February 11th, 2009

There seems to be a new fascination with trading only price (not using any indicators). One of the leading reasons is most likely the fact that traders are starting to realize that there is no such thing as an indicator that leads the price.
Think about it. If there was such an indicator, that would be [...]

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30 January technical analysis and recommended actions report

Monday, February 2nd, 2009

Friday 01.30.2009
EURUSD
The Euro failed to hold above the 1.3080 support zone on yesterday and the downside is under solid pressure as the pair trades below the psychological barrier of 1.3000. Short term sentiment is bearish and a break below support region of 1.2760-1.2800 will confirm the resume [...]

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