Archive for the ‘Forex trading’ Category

02.1
12

Currency Analysis of February 1, 2012

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EUR / USD

An analysis of our charts for the session today, we can see that we can consider the opening of new long position if the price breaks upward the share of 1.3210, setting a first target 1.3220 and as the share of the second objective share of 1.3240. If the price of this share exchange ratio should come to break the downward the value of 1.3010, then we could consider opening a new short position with the first goal at a height of 1.3000 and 1.2980 share for the second goal.
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02.1
12

The candles in the Forex market

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Forex is a graph composed of a group of data that capture the movement of prices. The graph is drawn so as to gain time on the horizontal axis and price on the vertical axis. Unlike other charts, what the Forex is made up of small units, known as pips, which allow us to know the maximum price, the minimum, those opening and closing.

The candlestick chart, the most ever used in the currency market, was born in Japan in the Edo period and is now widely used around the world. Developed in the Dojima rice market in Osaka Mr. Honma, allowed him to know in advance the value of the price of rice and to accumulate a fortune.
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02.1
12

Technical analysis of forex market Feb 1,2012

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The Greek government’s inability to drive the necessary reforms, to reach an agreement with its creditors, led to lower parity yesterday after the board The Europe. So after thinking yesterday for a return of 3220/40, we end up on 1.30 to 3050. Our advice in the morning, the area of 3020/10 will be support this morning with a bearish MACD 30 mins. But it’s more of a consolidation after the fall yesterday. This morning at 11 o’clock, one should expect the inflation figures in Europe. This is important because too high a figure could decide the ECB to lower the rate of the euro and the markets could anticipate this up.
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02.1
12

Money management and risk minimization

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Money management is one of the most important aspects of forex. Even the most brilliant traders are not able to open positions at a profit for 100% of the time. Whereas in the Forex, there are risks involved on a regular basis, no matter how good you are in the technical aspects or fundamentals of the currency market, the important thing is to understand in what way you can handle the losses.

Buy and sell money in the currency market, while remaining with the right amount of liquidity, is one of the most important aspects of money management. It ‘is by applying different tactics to help minimize risk and exposure to it that you can prepare the ground for consistently positive returns in the long run. One of the goals we set ourselves with this article is to explore the manner in which you can practice proper money management.
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01.31
12

Analysis of the Currency January 31, 2012

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EUR / USD

For today’s session with respect to this cross currency we open a new long position if the price of this share exchange ratio should break the rising share of 1.3250, 1.3270 fixing the first lens and the second target 1.3290. Instead we might consider opening a short position if the price of this share exchange ratio would continue to fall to fall below 1.3080 share, setting the first goal at a height of 1.3060 and 1.3040 share for the second goal.

EUR / GBP

Looking at our charts, we can see that the session today, we could open a new long position if the price were to break the 0.8405 upside, placing our first goal at a height of 0.8420 and 0.8440 share our second goal. If the price of this share exchange ratio should break down the proportion of 0.8355, then we could open a new short position by setting a first target 0.8340 and 0.8320 share as a second goal.
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01.31
12

EU meetings, here is the news

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Shares rise in Europe for the first time in two days, then the fact that most of the countries of the region agreed budgets tighter controls, following a high concern for the delay in talks greek debt. EU leaders, meeting in Brussels yesterday, have completed a tax treaty of discipline that accelerates the sanctions for countries with high deficits and the euro requires countries to anchor the budget to the rules of national law. Eight out of the euro countries have supported the pact, while Britain and the Czech Republic have avoided.

The meeting ended with no agreement on how to tie the budget hole of Greece, something for which the German Chancellor Angela Merkel has expressed frustration. The debt sustainability of Greece is a particularly bad thing, Merkel told reporters. We must find a way, through greater action by the greek government, with more contributions from private creditors. The primary objective is to bridge this gap.
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01.31
12

Technical analysis of forex market Jan 31,2012

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Parity has ranked all yesterday with a low of 3080 before rising again during the Asian session in 3180. Many small negative sentences were reduced currency European yesterday but the measures discussed at the Council of Europe has allowed the euro to stabilize. Our advice in the morning, look forward to 10:00, the German unemployment figure. A good result would be bullish for back testing highs on Friday, namely 3220/40. The figure is expected poorer and therefore it is possible for 3180/70 to make resistance to return to 3120/10 or 3080/70 as yesterday.

Your turn these points with stoploss above 3190 for sales in 3080 and since yesterday.
A passage above 3190 should allow the return to parity in 3220/40 and these cases will have to see if it goes to 3250 to move towards 1.35 in the week.
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01.30
12

Analysis of the Currency January 30, 2012

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EUR / USD

From our graphs show that for today’s session we will consider opening a long position if the price breaks upward the share of 1.3220, setting a first target of 1.3240, and the share as a second objective, the share of 1.3260. If the price of this share exchange ratio would reach downward to break 1.3090, then we could consider opening a short position with the first goal at a height of 1.3070 and 1.3060 share for the second goal.
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01.30
12

Technical analysis of forex market Jan 30,2012

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Greece seems to come to the fore this morning because we are still without news of a possible agreement on its debt. Yet time is short and each day brings the country to bankruptcy, Europe and the European currency shock ever. Our advice in the morning, the MACD is bearish but 30 mins on this Monday morning, this is the moment that the consolidation. 3120/10 will act as support before 3080/70. The trend is downward as you will have to be light to buy 3120/10 (stoploss 3095) for 3150/80. Presumably, these levels will be put sellers to sell the 4h bearish.
On the downside, and if it falls below 1.31 then the best is to wait for the 3080/70 area which should be intermediate support before a drop of 1.30.
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01.30
12

USD-CHF forex analysis for the week of Jan 30 to Feb 3

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T he last week, we wrote, “In the fall and in the media, it may be pushed back in a danger zone that could range from a few weeks, see parity out the bottom and why not turn around …. So, only 0.9220/9180 area could still be an obstacle. But in the latter uncertainty will dominate “and eventually went parity at the close of 0.9124 on Friday.

The Swiss franc has taken the high against the dollar at the end of January. After thinking for a moment that we could escape to 0.9720 and 1.00, our objectives for the year 2012, it seems that some have decided to play a trick with a return of 0.90 and 8980.
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