Daily Market Review By James Acton 29th of June, 2010 After a very technical trading day yesterday, with little economic data to help investors and traders alike, we saw some cautious moves as we anticipate key economic data later this week. Today’s economic schedule is also a light one. We are approaching the final days [...]

Daily Market Review By James Acton Welcome to a new week of trading. The G-8 and G-20 meeting in Canada over the weekend kept traders eyes on the news. The Chinese Yuan once again was discussed with statement from President Obama suggesting the Chinese currency could strengthen significantly. Let us see what is in store [...]

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Daily Market Review By James Acton 24nd of June, 2010 After another volatile and busy fundamental day yesterday, today is going to be less fundamental and more technical. Italy is releasing quite a few economic indicators although none are really expected to affect the market as high impact announcements. The highlight for day traders today [...]

Examples of applying the ABCD pattern on the 5min chart of the GBP/JPY pair throughout the trading day (non-news).

Many people are trying to make a living from home in the currency trading market. It is an extremely profitable opportunity, but it can also be extremely stressful. This is especially so if you want to become a professional forex trader. As a professional forex trader, here are some my personal advice to all forex traders which can help to lower your stress level and you keep your sanity. 1. Check the economic calendar before you start your trading session Imagine spending half of your day to Read more »

Daily Market Review Another exciting day is awaiting us as traders. Let us not waste time and begin to review what is happening in the market today. The United Kingdom kicks off the day with the MPC Meeting minutes at 9:30am GMT. Canada follows suit at 1:30pm GMT with its core Retail Sales. At 3:00pm [...]

Image taken on 2007-09-15 15:46:46 by Sebastian Bergmann.

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