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You are currently browsing the Forex Blog – Trading on Foreign Exchange Market weblog archives for August, 2012.

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Mobile Forex Trading – How Will it Fare?

About.com Forex Trading @ August 31, 2012 # Comments Off

Is mobile forex trading a curse or a blessing?
While traders are no longer tied to the their desks, can they rely on the technology of mobile devices to handle their precision trading?…Read Full Post

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How much Money do Currency Traders Make?

About.com Forex Trading @ August 31, 2012 # Comments Off

So you want to trade currencies, but you’re curious how much money is possible.
Well strictly speaking on what’s possible, a lot. How much money you can make depends on multiple factors. If you’ve got what it takes, you can become successful and make …

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Are you a Forex Winner

About.com Forex Trading @ August 31, 2012 # Comments Off

Forex is a rather unfriendly game to the unsuspecting. If you are a forex winner, I have some information that can get you turned around and help you start losing money. …Read Full Post

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EUR/USD Picks Up as Bernanke Says Stimulus is Possible

ForexBlogger @ August 31, 2012 # Comments Off

EUR/USD climbed today after Federal Reserve Chairman Ben Bernanke hinted at his speech today that additional rounds of asset purchases are possible. The dollar may rebound yet as the Chairman did not say that the stimulati…

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Dollar Down ahead of Bernanke’s Jackson Hole Speech

larrygreenberg @ August 31, 2012 # Comments Off

The dollar has declined by 0.8% against the euro, which hit an 8-week high of $1.2629.  The dollar also has fallen 0.8% against the Swiss franc, as well as 0.6% versus the loonie, 0.5% relative to sterling, 0.4% against the Aussie and New Zealand …

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How Does a Trader Who Runs from Risk Achieve THIS Track Record?

ForexCycle.com @ August 31, 2012 # Comments Off

By Elliott Wave International In the late ’70s, Peter Brandt emptied his trading accounts several times. He’d lose a string of trades, then refund his account, then "wipe out" all over again. But he persisted because he knew he was …

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Daily Forex Analysis – August 31, 2012

ForexCycle.com @ August 31, 2012 # Comments Off

EURUSD Analysis. EURUSD breaks below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation in the range between 1.2465 and 1.2589 is underway. Key support is at 1.2465, as long as this level holds, the price actio…

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Brazilian Rate Cut Yesterday Perhaps the Last of Nine

larrygreenberg @ August 30, 2012 # Comments Off

A ninth Selic rate reduction of the cycle was implemented on Wednesday but accompanied with a statement that suggests it may be the final one.  The Selic rate drops to a record low of 7.5% versus 12.5% that prevailed in August 2011.  Seven of…

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Spanish Delay

larrygreenberg @ August 30, 2012 # Comments Off

Following talks in Madrid between the leaders of Spain and France, Spain’s Prime Minister announced another delay in whether it would seek a bailout.  This news added to some weak data to depress share prices and commodities, but currency moveme…

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EUR/USD Gains Ground

ForexBlogger @ August 30, 2012 # Comments Off

EUR/USD gained today, following yesterday’s losses, but the gains were not impressive. The presidents of Spain and France are meeting in Madrid, spurring talks that Spain would ask for a bailout. Traders expect …

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