Strategic Trading

Forex Prices Stalls..

Written by MegaTrade101 | 11 January 2012

UPDATE: A very Classic example of the currency market that stalls after a wide daily price move.
For a better understanding let us review the most recent market action in comparison with price alignments of the USDX.

Euro & USD Behavioral Analysis

Written by JS T Alexander | 14 December 2011

Fundamental and Technical analysis are just two of the basic forms used to enhance traders skills and improve the ratio of success in trading any market condition. Market Psychology however, plays a significant role in adding a true and meaningful basis in measuring the prevailing real sentiments behind what we all see in the market place even before any extensive report comes out that affects the prices.

Market Analysis-SRO

Written by JS T Alexander | 07 December 2011

EURO-BPOUND-CROSS RATE

The daily configuration of the EURGBP reflects a more positive tone (bullish) from a support price level at 0.8500/10 (S2) and 0.8535/40 (S1) respectively. Prices has held above these levels contrary to the bearish weekly candlestick formation that defines its directional trend lower. This may only be temporary for now.

EURO, EURGBP & GBPJPY PRICE REVERSAL

Written by JS T Alexander | 01 November 2011

Keeping pace with a rapid market after the unilateral BOJ intervention; now the EURO and EURGBP cross rates reversing their price directions lower is one of those unexpected market movements which we were referring to in our previous market view report on Oct.10-EURO & EURGBP key levels and the 'Mid-week Market Analysis 10.27'. ( Sequence of events)

Mid-week Market Analysis 10.27

Written by JS T Alexander | 27 October 2011

120px-Sigma_uc_lc_svg_02 The market's increase volatility have shown price movements on both directions of the market place. As money flows between equities, asset class precious metals market, and the foreign currencies among institutional players. This has not been favorable with the US Dollar.