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Latest Blog Posts for Forex review

  • GBP
    on Jan 25, 2011 in Forex News
    The U.K.’s economy shrunk for the first time in more than a year in the fourth quarter of 2010 as December’s severe snow storms hit the services and construction sectors, official data showed Tuesday. In its preliminary estimate...
    on Oct 27, 2010 in Forex Analitics
    Modest downward correction in AUD/USD still underway. Next likely target in 0.9550 area, which would set stage for eventual rebound to 1.05. Pair now 0.9725. Says solid Australian GDP growth, low unemployment, low inflation are good news for AUD/USD...
  • Dollar dips after China move
    on Oct 20, 2010 in Forex News
    The dollar pulled back slightly in European trading Wednesday, as investors trimmed some of the positive dollar bets they placed in the immediate aftermath of China’s surprise rate rises. The euro and the Australian dollar picked up a...
  • All our shorts covered
    on May 20, 2010 in Trading Recommendations
    EURUSD at 1.2397 (73 pips profit) EURGBP at 0.8587 (108 pips profit) EURCHF at 1.4356 (14 pips profit) it’s possible that near-term bottom is forming right now. I am still EUR bear, but in longer term.
  • EURGBP short
    on May 16, 2010 in Trading Recommendations
    at 0.8564. stop at 0.8704 We think PIGs problem much wider than hidden billions of british deficit...
  • EURCHF short closed
    on May 12, 2010 in Trading Recommendations
    at 1.4039. I do not like that it could not break below 1.40. Prefer to take profit 50 pips. I see all pair (EURUSD, EURJPY, GBPJPY, USDJPY) and consolidating in very thin range. I expect the move in the nearest future. Most probably it will be aft...
  • GBPJPY 1000+ pips move
    on May 6, 2010 in Forex News
    GBPJPY fallen more than 1000 pips during the day. First fall to 137 was caused by GBPUSD fall, but second was caused by 400 pips USDJPY move. S&P 500 was 10% lower. Reuters says it was trading error: Stocks plunged 9 percent in the last two...
  • GBPJPY short closed
    on May 6, 2010 in Trading Recommendations
    I think it may fall down, but I prefer to take 180 pips of profit. Short closed at 140.89...
    on May 6, 2010 in Trading Recommendations
    SNB buy order was filled today. It’s a great opportunity. Short open at 1.4080...
  • GBPJPY short
    on May 4, 2010 in Trading Recommendations
    open short at 142.67...
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