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.
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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.
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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.
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Monday, October 26, 2009
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.
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
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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
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EURUSD Range Set Within a Much Larger Trend Channel
Monday, 19 October 2009 23:29 GMT
HOW DID THEY DO? EVERY MONDAY
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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
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.
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.
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Forex Strategy Outlook: US Dollar Likely to Breakout in Week Ahead
Monday, 19 October 2009 14:59 GMT
DRIVERS OF PRICE ACTION DAILY
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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
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Risk Appetite Stalls But the Dollar and Dow Maintain Trend Through Week’s End
Friday, 16 October 2009 17:30 GMT
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
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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
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
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
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
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
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