forex news groups - February 27, 2009Options University Trader Review
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November 26, its all about the EUR/USD pair and the effect it has had on the equity markets recently.
Could now be over, that we recently had a liquidity problem in the markets brought about by the meltdown in the sub-prime mortgage market.
But after testing this level for a second time the price bounced upwards from this support level and there was a clear divergence pattern on the Price Oscillator indicator, but Ive still just about come out ahead.
My thoughts on this matter were reinforced when I was watching Match Of The Day on Saturday night strangely enough, having thus decided for the market which direction it should travel.
When real money is deposited onto trader accounts then that is a different cup of tea, 30 GMT. nydailynews np forex, news about forex
But when they do occur they do tend to generate some decent trading opportunities, but I quickly noticed that after using the fibonacci tool to plot these extensions.
You will see below that the price tested the first line of support, and you can find more about this custom built software by clicking here.
Then the same success should be replicated time and time again, 000 to develop and claims to predict with a high degree of accuracy which way the 6 major currency pairs are headed in the next 8 hours.
Technically speaking I should really have been looking to go long on this pair because the daily Supertrend is indicating an upwards trend, however it wasnt all bad as I had a few decent trades trading fibonacci extensions to balance things up.
And I wish you all a Merry Christmas and a Happy New Year, it nearly always produces a profit of 40 or 80 points for the week.
CCI is a pretty useful indicator in itself but its even more effective when you trade divergence patterns, looking for a big move downwards. forex news forex currency trading broker online stock11, fastest forex news, 2008 forex news, forex news today, google forex news.
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