Color Daily EURUSD Forex Chart Shows Lengthy Divergences
Instead of looking at the Euro Index, let’s take a look at the Euro - US Dollar FOREX Pair - EURUSD - and see the current ‘color chart’ along with two sets of momentum divergences and an Elliott Wave count. Sound complex? Let’s look at it step by step.
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Submitted ByCorey Rosenbloom
Instead of looking at the Euro Index, let's take a look at the Euro - US Dollar FOREX Pair - EURUSD - and see the current 'color chart' along with two sets of momentum divergences and an Elliott Wave count. Sound complex? Let's look at it step by step...
Submitted ByMichael Krause
Thoughts on yields and the dollar from here (from a forum post on a site called elitetrader.com I made this morning):They (US treasury bond investors) take 4.37% on the 30 yr treasury because both inflation expectation and the amount of money supply out there for 'investment' justifies it. As long...
Submitted ByCorey Rosenbloom
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Submitted ByTrader Mark
How sad - as we yell out for all to hear that "we are nothing like Japan" we are piece by piece taking the role - from zombie banks supported by government, stimulus out the rear end for pork projects, a lost decade in the market, long term stagnant economic growth despite government report "hocus...
Submitted ByJeff Pietsch
I am honored to feature this guest article by active currency trader and friend, Derek Ching. Derek maintains a Series 3 & 30 license as a registered CTA (commodity trade advisor) with the National Futures Association. As managing director for Hawaii Forex, he provides technical training and...
Submitted BySean Hyman
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I find that many people come over from the stock market, particularly the U.S. stock market, over into the forex market.
They initially think they don't know a thing about forex. However, if you know some things about stocks and if you have an opinion on where they are headed, then...
Submitted BySean Hyman
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Today, UBS reported that the Swiss National Bank, their central bank, may have spent as much as 35 billion francs ($32 billion) since March to stop their currency from appreciating.
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Submitted ByMichael Michaud
1. Set a Stop Loss: Before entering any trade, decide beforehand the amount you are willing to lose and stick to it. Set a stop loss on the trade before you enter. Do not fluctuate your stop loss if you are in a losing trade. During times of extreme volatility it can be difficult or impossible to...
Submitted ByMichael Michaud
The world's largest financial marketAs mentioned earlier, the FX Market is by far the worlds largest. With over 2 trillion dollars being traded daily there are several distinct advantages brought forward to the investor.The first are the hours. The FX market never closes, and because of the huge...