Category Archives: Fundamental

ECB Press Conference

Time: 8.45 pm – 9.30 p.m I was hoping yesterday’s EU would be THAT bearish, but it didn’t happend as I expected. The lowest level from yesterday’s was recorded at 1.30915 and since that it bounce happily at the current price (1.32064). Nevertheless I’m looking forward for tonight ECB Press Conference. Traders are expected to [...]

It’s trending down…it is

I have been trading the EU pair since morning. Opening position at M1 while watching the major trend at H1. It works for me well. Nowadays I’m trying to use less inidicator as possible. So currently I’m sticking at Parabolic SAR and RSI. Sometime I would use Bollinger, but its not compulsory. I would say [...]

Understanding Supply and Demand

Good day traders! Lately I’ve been struck with a lot of questions whether this is the right time to join FOREX. With the economy crisis going on and people starting to lose their job , there are not many people wiling to spend money on something that is very risky. And yes, FOREX is very [...]

Free Forex Video

Hi traders! Watch this great video that I encounter. Fell free to register afterwards. http://www.forexincomeengine.com/fff_discovery.php Till then, hepi trading! Shufaad p/s: I’ve been struck with some fever and bad cough right now. So sorry for not updating this blog. Scridb filter

Beware of the USD..you might fall in suprise!

As I wrote earlier, it’s really a hiking week for the EURUSD pair. All indicators recently are in favour of EUR. Traders are placing their bets on the European currency and may continue to do so as the interest rates differential between Europe and US is growing by the day. We are seeing the dollar [...]

A Great Source of Knowledge – INVESTOPEDIA

To be successful and resourceful, we have to read a lot af materials. if you were into forex, then read more on it. Although  you might have a robot or  a working EA, reading on  articles and others post and thought  on forex wouldn’t  do any harm. A great source of knowledge that I used [...]

Fly High

The EURUSD recorded a record high at 1.29499 after a consistent bullish mood from the pair yesterday. It all started well for the USD when the 5.00 pm news (GMT+8) German Ifo Business Climate, fell, which is expected, and chalked a fine 1.2567. It seems that the pair is going down but it is not [...]