Have you heard of Forex Assassin?

Forex Assassin - Have you heard of this forex trading system?I received a newsletter yesterday from a forex trading expert who recommended a new trading course called Forex Assassin. I went to the website of this product. The site mentions that this strategy can be used by anyone, even by people with no experience. Also it mentions that you don't need more than a minute per week to analyse the

Forex Day Trading System - Where will the anti USD rally End?

Forex Day Trading System - Where will the anti USD rally End?USD is taking some serious pounding from all the majors where EUR, GBP, JPY and CHF are prominent.Though this is good for export and helps to get more foreign exchange, in a way it will keep inflation high.Now, the biggest question that comes is how can you take advantage of this rally? To make some gains in this rally, what you have to

Forex Day Trading System - Answers to your questions

Forex Day Trading System - Answers to your trading questionsQuite a few of you ask me some questions on trading the market better. Most of these questions are to find out which forex currency pair to trade and how to identify the entry and exit points. Few of the questions are on money management also.I'll try to answer few of these -Q - How should I identify the entry point when trading GBP/USD

Forex Day Trading - Pounding by USD

Forex Day Trading - Pounding by USD on all the currency pairsDid you notice what happenned to forex market in last 4-5 days? Yes..The big USD has hit back on all the currencies..No exceptions (There is one - JPY).EUR/USD dropped by 350 pints, GBP/USD dropped by 450 and so on and so forth. This was an excellent opportunity to make some great forex pips. I placed trade on EUR/USD and made 155 pips.

Forex Day Trading System - GBP/USD is all about going long

Forex Day Trading System - GBP/USD is all about going longThe GBP/USD after a 2 month retracement is back to long ways again..It has broken the 2.0000 barrier once again. It briefly retraced on past wednesday and thursday, but on friday it zoomed up just like EUR/USD. The technical indicators were perfectly lined up. I used the system specified by Adam Burgoyne in the forex trading system that he

EUR/USD still looking bearish - More pounding to come from $$

EUR/USD still looking bearish - More pounding to come from $$The EUR/USD has just now broken a trend support line on daily chart. The ideal way to trade now will be to use your forex trading systems of fibonacci retracements. Identify the next target the USD can go to on the daily chart and then identify the entry and exit points on the 1 hr chart if you do currency swing trading, or 15 min chart

A landmark post - USD in massive gains

A landmark post - USD in massive gains There are 2 points I am trying to cover in this message. The 1st is personnal .. Here it is -This is the 100 th post on this forex trading blog.. Yes, the overall count has reached triple digits. It started as a small journey with a quick introduction. Now it is a blog where people come regularly to get updates about happenning in Forex market from an angle

This Forex Trading Blog!!

This Forex Trading Blog!!Hello Everyone..It is a great feeling to tell you that your favourite blog has completed one year of running on 13-May-07.Yes, on 13-May-06 I launched this blog and it took 7 days for the 1st visitor to visit this site. Today there are close to 200 visitors that come to this site on daily basis to learn more or share there experience about forex trading. More than 175

Major currency pairs are showing the reversal pattern

Major currency pairs are showing the reversal pattern -GBP/USD, EUR/USD, AUD/USD, USD/CHF, NZD/USD all are showing major reversal patterns after an extended run...The GBP/USD after this extensive run where it broke above 2.0000 barrier is now heading down.. Considering that its a great time to go short or pro USD.Use a forex trading system and identify an entry bpoint to go short.. There are

Forex Trading at its best when technical indicators work like they should

Forex Trading at its best when technical indicators work like they should -A trader of currency market gets a lot of pleasure when the technical indicator s/he has analysed works the way analysis said. So, when someone feels that the currency pair should bounce of a fibonacci level or should bounce from EMA, and if that happens, its terrific.The same happenned with AUD/USD. My analsis of this

No stopping for GBP Pound

Milestone in the currency market - No stopping for GBP Pound.Today the GBP/USD currency pair touched 2.0000 mark which means that 1 USD = 2 GBP.The expert team is not sure till when will this run of pound going to continue. When I look at the daily chart I find the currency pair to be in 5th Elliot wave which means that the run can stop any time. My guess is that it will run till 2.150 or where

The week opens and so do the forex trader's trading station

The new trading week opens and so do the forex trader's trading station.Today is sunday and the Australian and JPY market are open and I am alreading seeing a lot activity by the currenc traders. Typically this time of the day the volatility is very less. Today its a bit high.The currency pair that is interesting me more is the GBP/USD. The currency pair is already making adouble top. To confirm