forex strategies

Pin Bar is a popular Forex strategy which is based on the particular candlestick pattern. You can use this strategy on any major pairs and timeframe. Using longer-term timeframes would be more logical though. I advise 1H, 4H or daily charts. The “Pinbar” pattern was first introduced by Martin...

Currency speculators trimmed their bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position slipped to $17.8 billion in the week ended April 3 from $19.58 billion the...

STEP 1 Open up a daily chart STEP 2 Add the following indicators on the chart. - Bollinger band (20,2) - Stochastic Oscillator (5,3,3) STEP 3 Look at price touching upper or lower band for the first time. If price touches upper band, wait for following candlestick to...

The Australian dollar fell to an 11-week low versus the U.S. dollar on Wednesday as falling equity markets hit the high-yielding currency and with expectations growing for a rate cut in Australia next month after a surprise trade deficit.

The euro bought $1.3317 and 110.04 yen in Tokyo morning trade, compared with $1.3316 and 110.36 yen in New York. The dollar edged down to 82.62 yen from 82.86 yen in New York. Eurozone governments have debated whether to combine the lending capacity of the temporary European Financial...

* Euro seen facing tough resistance around $1.3300 * Bond sales, German data key events this week * Aussie better bid after big fall last week By Ian Chua SYDNEY, March 26 (Reuters) - The euro held near a three-week high against the greenback on Monday, while commodity currencies such as the...

The choppy consolidation in EUR/GBP continued this week, having recovered most of the previous weeks losses as it trades at 0.8360 ahead of the NY close this Friday, up from 0.8314 at the weekly opening. "The bearish outlook for EUR/GBP since the last update did not follow through, but is not...

The yuan closed slightly higher versus the dollar on Friday after the midpoint rebounded from its biggest 11-session fall on record, in line with a drop in the dollar index on Thursday in global markets. The People's Bank of China (PBOC) has signalled that yuan trade will correlate to the...

Hello Guys, My name is fxlaura and I am from Ny, I have 1 month experience in FX, I am here to improve my Forex knowledge. Thanks

The GBP/USD pair fell on Monday as traders shed risk and rushed for safe haven assets like the USD. The pair bounced off of the 1.60 level, but appears that it will attempt to finish near it – hardly a sign of confidence in the Pound. The pair needs to close below 1.59 in order for us to sell...

Forex trading strategies is the key of any expert trader to make a winning and a profitable trade. There benefits of having appropriate forex trading strategies are enormous. Traders who enter trading without appropriate forex trading strategies are almost destined to fail. This further leads...