Forex Swing Trading system - What should be included in any swing trading system?

Forex Swing Trading systems lasts for few hours to sometime few days. Their accuracy is typically high since such systems are based on trading on 1 hr time frame or higher where technical indicators respond very well.A good swing trading system in forex always include -1. A primary indicator which tells if a valid trade setup is about to happen or not2. A confirming indicator to confirm if the...

Euro set for a 10% rise against the USD

In the last post we talked about the strengthening in the USD on the basis of interest rates. We suspect the Fed is simply talking up rates and the USD to satisfy the Asian central banks who are getting no interest from their treasuries. The US government of course has to placate these countries because it borrows so much money from them.Nevertheless in the short term, I'd be looking for US economic...

The USD-JPY poised to strengthen

The Fed has apparently stated that it expects interest rates to rise in future. That is a commonsensical given:1. The easy monetary policy, both in terms of low interest rates and the credit extended to US and foreign banks through other central banks.2. The level of US debts, and the governments subdued capacity to raise tax receipts without increases in tax ratesI am still waiting for my energy...