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Tuesday 13 February 2007

Forex Day Trading system - An exciting trading setup

Posted by FX at 22:09 Tuesday 13 February 2007
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Forex Day Trading system - An exciting trading setupIn my last message I mentioned that the Major currency pairs were about to go $$ bulish on which one of the readers asked as to go long or short. To go long and short depends on the currency pair you are dealing with. If you are dealing on GBP/USD then go short or if you are dealing on USD/CHF, then go long.The rationale behind this forex trade

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Sunday 11 February 2007

Forex Day Trading System - USD looks stronger against EUR and GBP

Posted by FX at 21:33 Sunday 11 February 2007
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Forex Day Trading System - USD looks stronger against EUR and GBPI am just glancing at the forex charts to see how the currency market is looking like. I am finding it to be strongly USD bullish on a daily chart.For E.g. GBP/USD is shwing a strong MACD divergence where currency pair made a double top high, however MACD didn't do so. Also, the MACD is having a bearish crossover. Similarly the RSI

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