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A common amount of risk we recommend is 1-2% of your aggressive portfolio value. This means that if you have a $10,000 Forex trading account, we don't want to risk more than $100-200 per trade. What I would prefer new traders do is start with an EXTREMELY ...
Read moreJohnathon Fox of DailyForex.com explains a profitable forex trading method that does not involve any complex indicators, news, or cluttered price charts, relying simply and solely on price data to uncover quality set-ups. Price action trading is a simple ...
Read moreFXstreet.com (San Francisco) - GBP/USD has traded a limited 1.5785/1.5823 range at the start of trading this Monday, last at 1.5800. Navendu Narain, Director at Market Graph notes that overall sentiment in GBP/USD is bearish as it hovers between the 150 ...
Read moreUS Dollar volatility trades near its lowest levels since the onset of the financial crisis in 2008; we favor further USD losses against the Australian Dollar and other forex counterparts. DailyFX Individual Currency Pair Conditions and Trading ...
Read moreThe market is clearly trading with short term intentions in place. Markets are sloppy. The market moved quickly to the upside on yet another comment about a Greek bailout. Because of the headline effect it seems that the real movers in the ...
Read morethe EUR/USD around 110 pips in the last hours and currently is trading at intra-day highs close to 1.3135. Papademos will meet with Troika later today. "the bias is probably for good news but I wouldn't be buying EUR on speculation of a deal," Says Forex ...
Read moreVantage FX UK is helping traders to tell their adjustable pegs from their leading indicators with a comprehensive Forex trading glossary hosted on its website, http://www.vantagefx.co.uk/. In the glossary traders can find all the terminology ...
Read moreThe EURUSD is moving closer and closer to the 9 day high at the 1.3226 level. Traders who are long will likely sell against the level but a move above should not be faded. The price has been in a 201 pip trading range for the last 9 days of trading.
Read moreNEW YORK—Global foreign-exchange trading volume dropped for the first time since the financial crisis, according to data released Monday by four major central banks. Average daily trading volume in October totaled $3.470 trillion in North ...
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