Friday is shaping up busy in news releases. Among others, announcements in US include Annualised GDP numbers and Core PCE Price Index. Nobody expects any shocking news, so the figures themselves shouldn’t surprise many people. What could, though, will be response to them. Now, I’m not in business of predicting economic numbers and don’t know [...]
This blog goes where few traders dare – the exciting world of Forex outside the dollar!
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Currently browsing posts found in July2009
Friday in FX.
July 31st, 2009 at 5:47 am » Comments (5)
Forex “hedging” rule.
July 30th, 2009 at 5:58 am » Comments (12)
There was a lot of noise in Forex circles about the new “hedging” rule passed by National Futures Association. NFA is a self regulatory body which covers most, if not all, US based Forex retail dealers. It will be no longer be possible to hold both long and short position in a currency pair at [...]
Adjusting to changing markets.
July 29th, 2009 at 9:24 am » Comments (9)
Markets are always evolving and trader must adjust to changes. This is could be a little misleading to many people. After all, one of the established market “wisdoms” is a saying “plan your trade and trade your plan”. We can see it on numerous website and in many trading books. So what is it, stick [...]
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