Greek gets bailed out but the GBP CHF and EUR continue
Posted on Tuesday, May 4th, 2010 at 6:01 am.
Fundamental part of trading you may know that Greece has struggle with their financial end. We do expect the continuation with all pair and looking to gain alot of pips out of the market. Trading with amount that could possibly will double or even triple accounts. You can also use the trading tool that we promote the forex magic stick. In forex education you will learn the right things to know when too use the tool and why the tool works. Trading with forex magic stick the results are amazing looking at the audusd has dropped and looking at all these pair making some very big moves. Some people can’t trade during london let magic stick do it all for you.
Fundamentals come into play this AM
Posted on Thursday, April 22nd, 2010 at 3:11 pm.
Alot of the Fundamentals have come into play and has focus the EURUSD drop and continuing the downward trend. And then looking at the USDCHF doing the exact same but going on the uptrend. Forex market having some big moves today and alot of the fundamentals are coming into play. Trading with the Major trend and your the trend is your friend is what they always say. Trading with correct money management as well so for those that are using magic stick and trading with this tool will help you manage your trade which alot of us will experiment emotions in the market.
EUR and the GBP
Posted on Thursday, March 4th, 2010 at 11:40 am.
The Fundamental side of the market we say some big drops in the market where the technical analysis genernally speaking the EUR and GBP should make some moves upward but the fundamental Greece is still struggling with their finances. Alot of these markets are in the extremes and so we do want to be more conservative in our trades. We learned that in the Forex we want to see the right signal to get in. We would like to educate you that in trading there are 3 key elements. If you apply these principles you will make money in the Forex
GBPUSD Weekly Pivot Trade
Posted on Tuesday, January 19th, 2010 at 3:59 pm.
In today forex market GBPUSD has broken upward too the first Weekly resistance level and based on the candle stick formations price is going to intend to work it’s way back to the Weekly pivot point which is the price of 1.6249. The reason why i think it will go to that price is that it has a 80% chance of going back to that price and it hasn’t touched it this week and looking at the 4hr chart you can see price is showing a reversal. This is a good short oppurtunity because looking at the fundamental side of things you can see the Pound ecomony is weaking. So if price closes 1.6331 i’ll look to go short to the Weekly Pivot Point. If price closes above 1.6415 then i will go long and trade to the next resistance level or the 4th fib level on the day chart.
