In a rather unexpected fashion, I had to take a break from this blog as well as trading in general, at least actively. Personal issues piled up and I was unable to postpone them any longer. I could have traded on Friday, as I was ready, but the conditions were not suitable. Even though currencies [...]
This blog goes where few traders dare – the exciting world of Forex outside the dollar!
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Update on Earlier Forex Trades.
April 8th, 2012 at 12:07 pm » Comments (1)
Spain in the Hot Seat.
March 25th, 2012 at 10:42 am » Comments (5)
With Greek situation normalized (for now), markets are shifting attention to Spain. For a while, it looked like this country was trying to target a 5.8% deficit in 2012, rather than the 4.4% it had promised the EU. Under pressure from Union officials, Madrid eventually agreed to 5.3% for the year. Still, this is way [...]
Possible Cup with Handle in EUR-AUD.
March 15th, 2012 at 11:28 am » Comments (0)
Ever so slowly, the EUR-AUD is in the process of building a bottom pattern on its daily chart. After making an all time low at 1.2131, the price formed what appeared to be small rounded bottom, followed by a fast move to 1.2616. With more price history since, now a possible Cup with Handle formation [...]
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Recent Posts
- Will Chinese PMI Boost or Sink the Aussie?
- Update on Earlier Forex Trades.
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- Trading London Opening.
- PMI Numbers Suggest Hard Landing for China.
- Beast Could be Ready for Correction.
- Rough Day for Commodity Currencies.
- Quick Look at AUD-CAD.
- Possible Cup with Handle in EUR-AUD.
- New Pressure on SNB.
- Currencies Volatile Before FED.
- Focus Shifts to Easing.
- The Euro – Where to Now?
- Effect of Time on Trading Decisions.
- EUR-CAD Likely to Consolidate.
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