December, 2011 | Forex Trading Blog - Forex News, Articles and Market Analysis

Forex Trading Articles - Buy Like A Trader Hold Like An Investor

Forex Position Trading; Learn To Buy Like A Trader, But Hold Like An Investor

“Avoid having your ego so close to your position, if your position falls, your ego may fall with it.” – Colin Powell Thomas F. Basso was a stock and commodities trader who was president and founder of Trendstat Capital Management. He is the author of two books, “Panic-Proof Investing” and the self-published “The Frustrated Investor. […]

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European Leaders Make Progress Without An Outcrop Of Small Islands – Oh And Hungary

Market Commentaries

Despite its inevitability even political agnostics must hold their collective heads in their hands with regards to the British prime minister’s veto of the agreement reached on Friday morning by twenty three of Britain’s European peers and allies. Cameron will now come back to the UK and no doubt be greeted by his back benchers

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Today Is The Tomorrow You Worried About Yesterday

Between the lines

The EBA (European Banking Authority) have issued a statement/edict suggesting that banks within the European Union must raise circa 114.7 billion euros in fresh capital in order to comply with measures introduced to respond to the euro area’s sovereign-debt crisis. Specifically German banks will need to raise an additional 13.1 billion euros, Italian banks 15.4

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We Hear Only Those Questions For Which We Are In A Position To Find Answers

Forex Trading Articles

“We hear only those questions for which we are in a position to find answers” – Friedrich Nietzsche. It’s often stated that in our forex community we all eventually gravitate to position trading. Having tried every indicator combo, searched for every pattern on a chart, tried every time frame and method from scalping to swing

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Euro-vision doesn't require the European Extremely Large Telescope

Market Commentaries

When the European telescope initiative was launched and given the name the European Extremely Large Telescope I chuckled, in fact I had visions of ‘astro geeks’ rolling on the floor at the deliberate irony and forced ineptitude of the name; the best and brightest engineers on the planet and that’s the best they could come

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Trading Round Numbers Part 2

Forex Trading Articles

We left our discussion on the subject of the EUR/USD pair, as luck (or more likely probability) would have it, price aggregated at 13400 during the compilation of the article. I left readers in ‘suspense’ as to which direction price would most likely be headed given the upcoming ECB interest decision scheduled for December 8th

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Show Us The Money, The Euro Money

Market Commentaries

The Merkozy alliance appear immune to the noise outside of the insular tent created for them by their various Eurocrats and mandarins. The economy of Europe is on a knife-edge and their message continues to be centred on “fiscal discipline”. Paris and Berlin apparently need to win backing quickly for their plan to amend the

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United States of Europe Or A Disunited Autocratic Superstate?

Market Commentaries

One outcome is certain once the ‘crucial’ meeting is over on December 9th, there’ll be no tangible solution that “the market”, commentators, analysts, or the general public can draw comfort from, neither will they be left with a sense of belief that a solution to the various crises has finally been reached, church bells will

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Standard & Poor’s Turns The Thumbscrews

Between the lines

S&P went a step further on Tuesday evening, following its threats of Euro nation credit downgrades, by placing the top-notch rating of the euro zone’s 440 billion euro rescue fund, the European Financial Stability Facility (EFSF), on negative watch as it depends on the creditworthiness of the currency bloc’s six AAA-rated countries. European Council President

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Round Number Trading

Forex Trading Articles

In a previous article we discussed the concept of being a “level headed trader”, we looked at support, resistance (the three levels thereof) and the daily pivot. There is also another incredibly important level which forex traders must monitor with constant vigilance, we’d term it the “big round numbers” level. Most traders accept that retail

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December 2011