Forex and Trading News

Feb 7, 2012

Movers and Shakers represents a generalized forex analysis of how the currency rates shaped up from the daily open up to 15.00 GMT. With more than 25 currency pairs and 8 majors included in the analysis, traders will gain a better understanding of market dynamics and trends. The bulletin includes two parts: the short term analysis provides the data on the biggest market moving currency pair and compares the performance of majors against each other, while the long term part of the program is based on top weekly and monthly gainers and losers. By watching the review, traders will get a concise and clear picture of currency markets on a daily basis.

Feb 7, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will
contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the morning trading.

Feb 7, 2012

This is the part 5 of the series. Stratman of pipware.com shows how to install MT4 and MT5 on linux. Once wine is installed with the visual C runtime (previous video), MT4 installation is quite simple.

Feb 7, 2012

Watch the latest analysis of the EUR/USD, EUR/CHF Forex pairs for the upcoming February 7th session in this video. EUR/USD — The Monday session produced a little bit of a fall to 1.30 level and bounced to form a hammer, a bullish sign. However there is no clear sign for this pair. We see 1.32 as resistance area and 1.30 as support. So this is seen as a scalper’s pair. The pair currently sits in a tight range, and is undoubtedly making a lot of traders frustrated to say the least. We need to see the break out of the range we are in, to see some clear action. Then we could see either 1.35 or 1.25 levels. EUR/CHF — currently hovers a little bit above the world’s most obvious support level — the 1.20 line. The Swiss National Bank is going to defend this level, and we believe it will be soon as the market looks dead set on testing their resolve. So we are looking for buy signal, a supportive candle close to 1.20 level.

Feb 7, 2012

Watch the latest analysis of the USD/CAD, USD/CHF Forex pairs for the February 7th in this video. USD/CAD — Although we have broken the parity level, we are coming up on a cluster of support which is extending down to the 0.9750 level. We have formed a shooting star at the end of the fall, which is normally a strong continuation sign. However it looks very choppy at this moment. Looking at the weekly charts, the analysis is that we are not ready to short this pair because of the support below and we are not going to long either because of downward pressure. So we will wait until Friday session for this pair. USD/CHF — We have a similar scenario. We have a downward move and a shooting star which is like forming a bearish flag. The EUR/CHF has a floor at 1.20 level and it is above 60 pips above this level. There is a high potential for the SNB to intervene. So we cannot take the sell signal for this pair. Also this pair is currently at a serious support level. Because of this, this pair is not tradeable at the moment.

Feb 6, 2012

The Midday Snapshot reviews and analyzes the trading activity in relation to the actual market movement.
The overview is provided for the five most popular currency pairs — EUR/USD, GBP/USD, USD/JPY, GBP/JPY and EUR/JPY for the period starting at 0:00 and ending at 12:00 GMT. The bulletin will contrast the traders sentiment with actual market movement, as well as providing information on the volatility, given in pips, and traded volume. The Dukascopy Forex News Team completes the daily broadcast right before the start of the US trading session, giving Forex traders a useful overview of the 
morning trading.

Feb 6, 2012

The Dollar traded mixed against the major currencies after U.S. employers added more jobs than forecast, with the Unemployment Rate coming out at 8.30%, better than the expected 8.50%. Wall Street closed positive as S&P increased by 1.46% and the Dow leapt by 1.23%. Crude increased by 1.50%, to close at $97.84a barrel. Gold (XAU) fell by $ 34 to finish at $1725.70 an ounce.

Feb 6, 2012

The program reviews intraday support and resistance levels for four major currency pairs.
Broadcast is available every day starting from 6:00 GMT. The bulletin is created for currency traders who prefer to trade on the basis of technical analysis.
The levels are generated by the Dukascopy proprietary model comparing different approaches.
Support and resistance points are calculated using popular technical analysis methods such as:
Pivots, Highs and Lows, Fibonacci Retracements, Demark, Tirone, Ichimoku, Moving Averages, Price Channels and Bollinger Band indicators. Levels that can be calculated using a high number of different methods are considered strong enough to affect the forex market.

Feb 6, 2012

All successful traders have a trading plan that they implement with confidence. You should too! Having a written trading plan provides you an edge over most market participants and in an arena where most people fail, how can you afford to not give yourself an edge?
The traditional model I always use consists of 3 elements: Mindset, Money Management and Method. In this video, learn how important these are in developing your trading plan.
If you fail to plan, you are planning to fail. When you don’t have a trading plan, your trading decisions are largely based on hunches, instincts and emotions — chances are you will not achieve long term success.

Feb 6, 2012

If you’ve been searching for a forex broker and wondering which one to sign up with, this video provides you with six important things to look for in a forex broker before opening an account.