Forex market is very hard to trade .

News not reaching to us before market take action

I have to learn very hard.

Can any one give me simple method to trade Forex  curruncy

Hi everyone

The list of followers of FXstreet.com kept growing at a very healthy pace in February and March 2011, adding a nice  25 percent to reach 13,793 followers.

Francesc

FXstreet.com Twitter Followers Breakdown - By March 31st 2011

1. FXstreet.com News -…

In the last month, volatility in the forex markets touched both a two-year low and a one-year high. In the beginning of March, volatility essentially returned to pre-credit crisis levels. One week later, when the earthquake and inception of the nuclear crisis in Japan, volatility…

On Wednesday March 30th the site added another 6 percent to the outstanding 45 percent rise from previous week highs and 27 percent rise from what it had been the previous high of 745 visits of May 4th 2010 till we got the extraordinary momentum of this week. The new highs are now 943 vists and 681 unique visitors.

Great week indeed!

Francesc

 …

Before I start posting actual account statements, here's the result of the 6 signals taken since last Friday & updated on the blog in real time:

trade 1: -28 pips

trade 2: +71pips

trade 3: -37pips

trade 4: -40 pips 

trade 5: -67 pips

trade 6: +226 pips

trade 7: -29 pips

trade 8: +70 pips

trade 9: +15 pips

trade 10: -70 pips

______________

Total: +111…

Forex Brokers to be Exempt of Dodd-Frank Rules?

By Yohay Elam at Forex Crunch

Perhaps forex brokers will get some good news soon, maybe in April. The Dodd-Frank act consists of many limitations, that not every broker will be…

Hey guys,

Good news! one of my clients (also a good old friend) has agreed to allow me to share the trading results in his new account here on forexstreet.net.

We've worked together for some time but after seeing the Trend Buster at work for the last 8 weeks he was really impressed. He opened a separate account to be traded ONLY on this strategy - I will be trading it as the main model account for the Trend Buster & share performance statements with you guys…

Cable edging higher and guided by the 30min 21 EMA flow from institutional players that are now sidelined after booking profits around 1.6150 barrier. Bids are said to be waiting down at 1.6090 - 1.6110 region. Can it push higher to the 50% Fib retracement zone in 1.6200s??

 …

After solving the recent consolidation triangle the pair seems to point at todays R2. Maybe its too late to enter long for an intraday trade but it also maybe be soon for a medium term move above interim highs located in 1.4250s...…

Banks borrowed EUR2.837 billion from ECB's 1.75% margin facility lending on Wednesday. Marginal lending  by the ECB surged to double - digit billions in February  as a result of Ireland's efforts to wind down nationalized  lenders Anglo Irish Bank Corp and Irish Nationwide Building Society.

The banks parked EUR26.143 billion at the ECB's deposit facility on Wednesday compared with the EUR2.025 billion the previous day.

Uncertainty surrounding the Spain's troubled savings after the collapse of a planned creation of a new bank, Banco Base, from four Cajas - saving banks.

Although from a spanish trader's point of view the market has largely discounted the news.

1. USD/CAD
   72.90% 27.10%…

Offers spotted between 1.4175 and 1.4200. Price recently tapping daily R1 in 1.4165.

Support zone in  1.4140 - 1.4150 ahead of Asian low.

Pivots:

R2:1.4203

R1:1.4165

PP:1.4108

S1:1.4069

S2:1.4012

Offers option players ahead of barriers 1.0350 with more offers in 1.0400, stops above it.

Good size bids between 1.0275 - 1.0300

USDJPY 81.65 81.85 82.00 83.15

EURUSD 1.3900, 1.4000, 1.4050, 1.4080, 1.4085, 1.4125, 1.4150, 1.4250

GBPUSD 1.6315