Monday, October 26, 2009

STRAIGHT FOREX

Our Forex System in a nutshell:

First we analyze the long term charts and look for the “market condition” that is likely to be sustained for a given day. Once we know the market condition of any currency pair, we then try to find an entry signal in the short term charts, this allows us to have a small risk per trade, but our take profit orders are set based on the long term charts.


Information about our Forex Courses:



Intensive Forex Mentor
Our most complete course, recommended for traders who want to speed up the learning curve. In this course you will learn: advanced techniques of technical analysis, risk and position management, the system we use right now to trade the forex market. We will apply all this during live market conditions. In this course our students learn to trade short and long term charts. Includes 25 hours of live conference sessions.



Advanced Forex Training

In the SF Advanced you will find information about our trading strategies, risk and position management strategies, money management strategies, psychology and more. Includes one month of one-on-one coaching through the online platform.

Coaching Forex Education
The main objective of the SF Coaching course is to introduce novice traders and traders with experience on other financial markets to the incredible world of forex. All basic concepts, fundamental analysis, technical analysis (including: technical indicators, chart patterns and candlesticks) and more is covered in this course.

Seminar Forex Consulting
For traders who want a course designed for his or her specific needs, companies or banks who want training for fund managers, money managers in search for new strategies.


Forex: Foreign Exchange (FX) Currency Trading



Blogs: Newest Posts                                                                                                       



Pick of the Day: USDJPY

by Pipcrawler in Pick of the Day

Today 04:10

Good morning! It's been a while, but me and the crew are back after a quick hiatus from the FX world. After doing a bit of catching up, it looks like the USDJPY may be presenting me a technical setup to jump back into a downtrend move. Is the trend my friend again?




Daily Economic Roundup - October 26, 2009

by Forex Gump in Piponomics


Yesterday 22:20


This week will be action-packed once again with the release of several top notch economic updates. See what's up on our daily economic round up!



Daily Chart Art - October 26, 2009

by Big Pippin in Pippin Ain't Easy


Yesterday 19:41



What Happens in Europe Stays in Europe
 
 by Jack the Pipper in Currency Currents


3 days ago 09:51



Where Now, Mr. Dow?

by Black Knight in Pipscalibur

6 days ago 12:41


Looking at a very long-term view of the Dow on the weekly chart, price reached a peak high on Oct 7th, 2007 at 14198.00 and reached a low on March 1st, 2009 at 6474.09.




Forex Video Courses - to learn how to trade a system

The "Forex Autopilot System" (Forex Robot)












Thursday, October 22, 2009

Currency News: UK daily forex news






Daily World Currencies News from London                           Thursday 22nd of October 2009

Major Currencies:          September 15, 2009

GBP                              Yen weakens on US data
USD                   
Euro                               Story link: Yen weakens on US data
Yen                               


The Japanese yen weakened Tuesday as good news from US retailers spurred investors to look for riskier investments among higher-yielding currencies.


US retail sales were up 2.7 percent in August; excluding auto sales, they were still up 1.1 percent in the month.


In afternoon trade in New York, the yen traded at ¥90.955 to the US dollar and at ¥133.1893 to the euro, while it took $1.4643 to buy a euro.


Meanwhile, the pound was weaker on comments from Bank of England Governor Mervyn King indicating that the Bank could soon cut the rate paid for the Bank of hold reserves.


Banks are now paid 0.5 percent on deposits of their reserves held by the Bank.

The pound traded at 88.89p to the shared currency in afternoon trade in New York, while it took $1.6403 to buy a pound.

The news that US retail sales had gone up so much in August helped the Canadian dollar higher versus its US counterpart as it traded at C$1.0736 to the greenback during the afternoon session in New York.

 
                     September 11, 2009
                     USD weakens, rebounds after scare
 
   Story link: USD weakens, rebounds after scare
 
The US dollar weakened Friday on decreased demand in favor of higher yielding currencies after a Reuters/University of Michigan survey showed US consumer sentiment at 70.2 in September, from 65.7 last month.


 
  The rise in sentiment sent investors looking for riskier investments at the expense of the lower-yielding dollar.However, the greenback gained back its decline versus […]                     


                      September 8, 2009
                      Pound sees gains on factory data

     Story link: Pound sees gains on factory data



The pound saw gains Tuesday after an unexpectedly large rise in U.K. factory output in July while at the same time Germany’s industrial production dropped by 0.9 percent in July from June when analysts had predicted that Germany’s output would rise by 1.6 percent in July.


Factory output in the U.K. was up 0.9 percent in […]

The rise in sentiment sent investors looking for riskier investments at the expense of the lower-yielding dollar.


However, the greenback gained back its decline versus the euro after reports of a Coast Guard training exercise on the Potomac River on the eighth anniversary of the terrorist attacks on 11 September 2001.

The training exercise, which had not been reported in advance to other agencies including the Harbor Patrol and the Secret Service, frightened some after a report, later dismissed, of shorts fired, as it took place near a route used by a presidential motorcade to take US President Barack Obama to an event at the Pentagon in remembrance of the 9/11 attacks.

At 2:36 p.m. in New York, the dollar traded at $1.4594 to the euro while the yen was at ¥90.515 to the US dollar and at ¥132.1001 to the shared currency.

Meanwhile, the pound gained on the euro and the dollar after the Office for National Statistics reported a gain of 0.2 percent in UK producer prices in August from July’s level.

The pound traded at 87.46 to the euro while it took $1.6686 to buy a pound in afternoon trade in New York.

Tuesday, October 20, 2009

Forex News Headlines

Empower your portal with Real-Time News Feeds and Search...  Sponsored Link
Tue Oct 20 13:35:00 UTC+0400 2009
European stocks, slightly down on banks woes; Euro and Pound hold gains... FXStreet.com
Tue Oct 20 13:35:00    UTC+0400 2009
What happens if the dollar crashes?... Economictimes

Tue Oct 20 13:34:00 UTC+0400 2009

FOREX - US DOLLAR DOWN AGAINST SINGAPORE DOLLAR - OCT 20, 2009...  Individual.com
Tue Oct 20 13:33:00 UTC+0400 2009
FOREX - U.S. DOLLAR WEAKER AGAINST YEN - OCT 20, 2009... Individual.com


Tue Oct 20 13:33:00 UTC+0400
Gold and oil soar as dollar struggles... Citywire
Tue Oct 20 13:33:00 UTC+0400 2009
Dollar at 14-Month Low vs Basket, Euro Tests $1.50... CNBC
Tue Oct 20 13:23:00 UTC+0400 2009


FOREX CHARTS                                                                                        

Free real-time interactive charting applications:

Web-based FX Charts



 



                 
                     New: Java Forex Charts




DailyFX+ Forex Trading Signals

                                         Open a Live Account for unlimited Access

Easy to Use Buy / Sell Trading Signals















FXCM Trading Signals:
FXCM offers exclusive easy-to-use automated trading signals.
+ When to enter the market...
+ What to buy or sell...

+ Where to get out...


 Technical Analysis for Daytraders                                                           Non-Stop Forex News


  






The Technical Analyzer: Over 75                                                                   Streaming News Headlines:
 charts every day - with alerts,                                                                        From Thomson-Reuters
support, and resistance points.                                                                        market watchers in financial
                                                                                                                      centers across the globe.

                                                          FXCM Opens Its Trading Books

Speculative Sentiment Index (SSI): FXCM opens its trading book to its clients. Many traders use price charts to guess whether people are buying or selling... the SSI Shows you.

TODAY'S TRADING IDEAS

PAIRS TO RANGE TRADE                       DAILY


Every day our analysts give you an actionable range trading opportunity

EURUSD Range Set Within a Much Larger Trend Channel
Monday, 19 October 2009 23:29 GMT



HOW DID THEY DO?                              EVERY MONDAY


Our weekly review of all the Analyst Picks. See how our trades turned out this past week.
DailyFX Analysts Incorrectly Bet Against The Euro To End May, Where Do They Stand Now?
Thursday, 11 June 2009 18:32 GMT


TRADING THE NEWS                              DAILY


A Detailed report on today's most-expected news release. DailyFX Analysts review the expectations, recent history, and how to trade it.

USD/CAD: Trading the Bank of Canada Interest Rate Decision
Monday, 19 October 2009 18:53 GMT


MORNING SLICES                                  DAILY


An early morning update, with news, technicals, and a daily trade.

Euro Poised for 1.5000 Break
Tuesday, 20 October 2009 09:28 GMT

DailyFX Forex Stream


20 Oct 3:34:36 PM AUD/USD: Overnight decline stalls at a low of 0.9243. Tips higher for the second day to trade at 0.9296, with the RSI holding at 75.



20 Oct 3:23:39 PM USDCAD: Finding support on strong dollar talk, resistance at 1.0396-last swing high on 10/19



20 Oct 3:22:58 PM EU: Ministers expect supervision package in December




20 Oct 2:04:00 PM USD/JPY: Tumbles lower for the second day to reach a low of 90.06 but has lost steam ahead of the 20-Day (89.87). Currently trading at 90.32



20 Oct 1:52:58 PM REPORT: Oil Loses Steam Ahead of $80, Metals May Falter on US PPI:




20 Oct 3:42:17 AM The RBA reports a cash deficit of A$1.362 billion this morning and banks holding A$1.395 billion in central bank accounts.



20 Oct 2:06:02 AM potential gbpusd resistance line is at 16445 today




20 Oct 12:44:00 AM S&P: A cursory look at Apple's earnings statements look pretty solid. Respectable increases in sales and income. S&P Futures have bounced.

CHARTS

POWERCHARTS         ACCESS LIVE CHART                       











User Level: Intermediate                                                          
Unique Feature: Save multiple work-space layouts                                     
                                                                                                    
                                                                                                       Access Live Chart   Requires Java      

NETDANIA ACCESS LIVE CHART


                  











User Level: Beginner 

Unique Feature: Overlay multiple indicators and overlay charts for multiple currency pairs 

                                                                                                   Access Live Chart  Requires Java

FXTREK ACCESS LIVE CHART











User Level: Intermediate

Unique Feature: Premium version available
                                                                       ACCESS LIVE CHART  Requires Java

WEEKLY COLUMNS AND SPECIAL REPORTS

WEEKLY STRATEGY OUTLOOK                                     EVERY MONDAY AND THURSDAY


We analyze market conditions and point out the most appropriate strategies and daily fx plus trading signals to follow

Forex Strategy Outlook: US Dollar Likely to Breakout in Week Ahead
Monday, 19 October 2009 14:59 GMT


DRIVERS OF PRICE ACTION                                           DAILY


 What moves market prices? Every day, we look at the biggest influences on currency prices.

Will A Pullback In Equities Sink The Euro?
Friday, 16 October 2009 16:12 GMT


WATCH WHAT THE FED WATCHES                             EVERY WEDNESDAY


The FOMC follows many economic indicators to make its interest rate decisions. Every week, we analyze them individually.

How Long Will Dollar Take its Cues From the Dow and Risk Trends?
Wednesday, 14 October 2009 14:39 GMT

MASASHI MURATA                                                        GUEST FUNDAMENTAL COMMENTARY


Masashi Murata, CFA, is the chief economist at FXCM Japan, Inc. in Tokyo.

DPJ May Lead to a Weaker Yen
Tuesday, 08 September 2009 01:45 GMT


DYNAMIC CARRY TRADE BASKET                            EVERY FRIDAY


Follow the DailyFX Dynamic Carry Trade Basket. Our analysts track its progress and analyze market conditions for this popular trading strategy.

Risk Appetite Stalls But the Dollar and Dow Maintain Trend Through Week’s End
Friday, 16 October 2009 17:30 GMT

DailyFX FOR BEGINNERS


What is fibonacci? What is a Pip?  LEARN NOW


ANALYST PICKS                                                                                                            

Quantitative Strategist                                                  DAILY FOREX NEWS REPORT
David Rodriguez                                                         FOREX VIDEO - EUROPEON

                                  FULL ARTICLE                   

Currency Pair: Short EUR/GBP

Expertise: System Trading
Average Time Frame of Trades: 2-10 weeks


Currency Strategist                                                                           FXbootcamp European Outlook 10/20/2009                                                                                      ....more videos
John Kicklighter
                                       FULL ARTICLE

Currency Pair: Pending EURUSD Breakout (Bearish Bias)

Expertise: Combining Money Management with fundamental and technical analysis
Average Time Frame of Trades: 3 days - 1 week

Free $50,000 Forex Practice Account             Open a Micro Account with $25            Live Educational Webinars

TECHNICLE ANALYSIS

Technical Analysis              FULL ARTICLE

Senior Technical Strategist
Jamie Saettele


US Dollar / Japanese Yen

After completing an inverse and shoulders pattern last week,
 the USDJPY tested the breakout level as support this morning.
 The level held and the upside is favored.

.....read more

MORE ARTICLES
Scandi Daily 10.20

Tuesday, 20 October 2009 05:30 GMT
Currency Crosses: Technical Outlook

Monday, 19 October 2009 21:44 GMT

Forex Market News

Forex Market News                             FULL ARTICLE                


Currency AnalystIlya
Ilya Spivak

Euro May Face Headwinds Ahead of 1.50 as Producer Prices
Highlight Deflation Threat

The Euro may face strong resistance as prices
 inch towards the key 1.50 level against the
 US Dollar with September’s Producer Prices
 data likely to show the single currency’s
appreciation has helped stoke deflationary
 pressure, threatening stronger action from the ECB.

More Articles
Bank Research Consensus Weekly 10-19-09
Tuesday, 20 October 2009 02:37 GMT
Crude Rallies an Eighth Session along with Equities
Monday, 19 October 2009 22:07 GMT

Daily Pivot Points Mon, 19 Oct 2009 21:04 GMT

FOREX HEADLINES                          Saturday, 17 October 2009 03:46 GMT        FULL ARTICLE
Forex Weekly Trading Forecast - 10.16.09

US Dollar May Be Setting Stage for Advance
Euro Near Major Top Against US Dollar, Timing Unclear
Japanese Yen Relinquishes its Top Safe Haven Status to the Dollar
British Pound Looks to 3Q GDP to Keep the Bullish Momentum
Swiss Franc Trading Hinges on Broad Risk, US Dollar Outlook
Canadian Dollar May Come Under Pressure Ahead of BOC Decision
Australian Dollar Forecast to Rally Further on RBA Rate Hikes
New Zealand Dollar Vulnerable To Pullback In Risk Appetite

For detailed analysis by currency pair, please visit our dedicated Forecast Page.
DailyFX.com Re-Launches its Web Site.

....read more

Monday, October 19, 2009

Recent videos for forex trading


 Forex Trading Outlook                  
05:37 - 6 days ago
 youtube.com





Forex Trading Outlook - Daily FX News
07:02 - 5 days ago
youtube.com




Fibonacci Forex Trading
05:58 - 2 years ago
How to make money in Foreign Currencies using Fibonacci Retracements and Fibonacci Profit Targets. Brought to you by http://www.leveragefx.com/
youtube.com


An Introduction to Forex Trading
05:15 - 1 year ago
www.informedtrades.com The first lesson in our new free video forex trading course which gives and introduction to the forex market for active traders of the stock, futures ...
video.google.com



100% Accuracy Forex Trading Strategy
11:32 - 9 months ago
Discover how to trade forex with 100% accuracy. Closely guarded strategy by Kishore M, a forex hedge fund manager with proven track records of making profit, interviewed by ...
metacafe.com