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Cameron speaks with the other European leaders
Inviato il 15 December 2011 da Forex Staff
David Cameron has sought to achieve consensus among European leaders about his decision, especially after French President Nicolas Sarkozy has been conducting a personal attack on his leadership. The Prime Minister told MPs to be in close contact with their counterparts in other Member States and insisted that the country is not one against 26. But tensions between Britain and France increased further last night, after an unconfirmed report, published by a French magazine, mentioning the words spoken by President Sarkozy in which he accuses Cameron behaving like a stubborn child. From the words of Sarkozy you understand that Cameron has ...
Forex: the importance of the price action
Inviato il 26 October 2011 da Forex Staff
In this article are some reasons why every trader should consider forex trading according to the price action as an integral part of the range of trading instruments. First, it can be said that the price action provides the data more closely related to the trading representative in real time. When you do Forex following the price action leads to a series of interesting information about markets, not filtered through mathematical calculations, that characterize the often ambiguous indicators. Often the action is less vulnerable to price volatility due to fundamental news. Most systems based on indicators create great confusion in terms of ...
The euro remains vulnerable. What about the dollar?
Inviato il 19 September 2011 da Forex Staff
The euro lost ground before the meeting of the European Central Bank, which will take place today and the debate will be about setting the rates. The euro is vulnerable as a result of concerns of the efforts made so far to contain the crisis of sovereign debt are not moving fast enough. The volatility continues and the market will probably continue to move according to political risks involving the U.S. and European economies. The German Constitutional Court yesterday rejected the legal actions made to block the participation of Berlin in the rescue packages for Greece and for other highly indebted countries in the ...
You lost a trading opportunity. What now?
Inviato il 9 September 2011 da Forex Staff
When you do Forex what you would ideally do is to open the first time all the positions that come out, perhaps by using a 4-hour chart. The real thing is that sooner or later we all will miss an opportunity to trade. But what do you do when it happens? How do you stick with a trading plan even if you lost a chance? When you open positions it is important to always open the same position if you want to reach a certain price level. These types of positions are called ...
China aims to stabilize the prices
Inviato il 20 August 2011 da Forex Staff
China has recently hit the news for inviting both to the USA and Europe to correct and solve their debt. The Chinese Central Bankhas also let known that it will continue with its policy of price stabilization, as this is top priority. In addition, one of the aims that the the CCB will set in the following months is to sustain the economic growth of the country. On the basis of the national and international economic situation, le Chinese bank will work to render its monetary policy more accurate, flexible and foward looking. The Chinese Central Bank will use various monetary ...
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