September 2011 Blog Posts (313)

USD/JPY Analysis

Let's take a look at the USD/JPY chart.

We just completed our forecasts for FX Street's technical forecast and it looks like we may see a little more downward actions towards the 75.00 mark. Once we see the downward movement complete, then look for a move back up to test the 80.00 area and above.

Good luck with trading and be sure to check out our technical forecasts along with other top FX Street analysts.…

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Added by Ross Yamashita on September 29, 2011 at 4:56am — No Comments

Forex Ichimoku Trade Setup on EURJPY Sept. 28th

Check out our Ichimoku Trade Setup on EURJPY for today.

Chris Capre
2ndSkiesForex.com
Twitter; 2ndSkiesForex

Added by 2ndSkiesForex on September 29, 2011 at 12:32am — 2 Comments

AUDJPY shows its hand!

double candle appears on daily charts in audjpy. being in a downtrend this price action setup usually means continuation but sometimes works well for reversals as well. it could be considered both in this case since it appears after a move higher. very possible that downtrend could resume.

Added by cristotrading on September 28, 2011 at 9:22pm — 1 Comment

EURUSD is this the one?

End of Ny session posts an extremely bearish close. After the initial opening london drove price up into a bullish sentiment only to be quickly rejected by the end of ny session. the result is a bearish candle with a long wick posting rejection. i am expecting price to drop following such tape behavior. a move towards 1.3250 level could be a possible target. good… Continue

Added by cristotrading on September 28, 2011 at 9:00pm — 2 Comments

CFTC Charges Alpha Trade Group and 6 Individuals With Forex Fraud

CFTC Charges Alpha Trade Group, S.A. and Six Individuals with Fraud and Misappropriation in Connection with a $1.7 Million Foreign Currency and Futures Scheme

Defendants are based in Orlando, Florida, and in Panama and Mexico.

Washington, DC – The Commodity Futures Trading Commission (CFTC) filed a complaint in the U.S. District Court for the Middle District of Florida… Continue

Added by Francesc Riverola on September 28, 2011 at 7:35pm — No Comments

AUDUSD reading the signs!

great bullish signal at the end of drop (hammer followed by a double candle)

after initial drop, we get fib retrace and the signal is given by price posting a 4H candle with long wick. follows a drop.

Added by cristotrading on September 28, 2011 at 7:31pm — No Comments

$USDCAD – Trade Recap

Those in the live RF1010 training room got this trade today + 43 pips http://tinyurl.com/2cdn9sf #forex…

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Added by Scott Barkley on September 28, 2011 at 6:30pm — No Comments

Cable Short Plan

Added by Jozef_aka_JB on September 28, 2011 at 6:16pm — 4 Comments

$EURUSD – breakout?

Currently the cross is @ 1.3640. The cross is just above a well established long term downtrend with 2 candles trying to establish the break out on the .500 Fibo. If this is a real breakout ( would like more confirmation)expect a move to the 1.3705 / .382 Fibo area first and then to the R5 @ 1.3768 . A return into the trend targets the 1.3545 support area . We are bullish for now.…

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Added by Scott Barkley on September 28, 2011 at 1:14pm — No Comments

Gold & Silver - Daily Outlook September 28

Gold and silver bounced back yesterday and sharply inclined after they had fallen in the past three business days. Currently, gold and silver are traded slightly up. The speculation around the upcoming speech of Bernanke may affect trading in the commodities and forex markets…

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Added by Lior Cohen on September 28, 2011 at 11:21am — No Comments

iFOREX Set to Resume Forex Trading in European Markets

They got their license suspended and then got it back. Now they are resuming operations.

Good luck

Francesc

iFOREX Set to Resume Forex Trading in European Markets

(BUSINESS WIRE) -- iFOREX Brokerage Ltd. announced today that on September 19, 2011, the Budapest Metropolitan Court decided to annul the decision of…

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Added by Francesc Riverola on September 28, 2011 at 11:04am — No Comments

Today's trend

Still present, optimism fades this Wednesday, with markets eyes on Finland and Germany, where the EFSF’s changes will be submitted to parliament today. I won’t be expecting anything different than an approval, after recent comments from EU authorities. However, I can’t stop thinking that at the end, more bond buying and a larger fund is no different from US QE.

Past Tuesday movements so far, seem to have been just corrective in the midterm at least; there has been not much follow…

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Added by Valeria B Bednarik on September 28, 2011 at 10:18am — No Comments

FXstreet.com Is Hiring An Analyst/Journalist Bilingual Spanish/English

FXstreet.com is hiring an analyst/journalist

Tasks will involve covering FX and macroeconomic related topics in news, analysis, etc.

Requirements:

Bilingual Spanish/English

Advanced knowledge of economics and financial markets, specifically the FX market

High writing capabilities in both Spanish and English

Advanced knowledge of the internet

We offer:

Fulltime (8 hours) schedule between 06:00 to 15:00…

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Added by Francesc Riverola on September 28, 2011 at 9:20am — No Comments

EUR/USD Enjoying Higher Range As EFSF Hopes Dominate

Euro dollar is moving higher within a higher range. Optimism about a super strong bailout fund continue to boost the single currency, despite all the denials. End month / quarter flows also help the euro and European stocks. Will we see a breakout?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

EUR/USD…

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Added by Yohay Elam on September 28, 2011 at 8:41am — No Comments

Gain Capital To Acquire InterbankFX, Forex Magnates Release. Not Officially Confirmed Yet

The news has not been officially confirmed yet but if it was, it will be without a doubt a major piece of news for the Retail Forex Industry.

On our side, we have heard that soon Gain Capital will announce a major break-through, but we do not know what it is.

Forex Magnates always on top of the events

Francesc

Gain Capital to acquire Interbank… Continue

Added by Francesc Riverola on September 28, 2011 at 8:08am — No Comments

BIS: High Frequency Trading Changing The Ecology Of The Forex Market

HFT is changing the ecology of the FX market, says BIS committee

by Joel Clark at Risk magazine

Bank for International Settlements report on high-frequency trading in the FX market is lukewarm about recent initiatives to monitor HFT and recommends further analysis by regulators and participants

High-frequency trading (HFT) may… Continue

Added by Francesc Riverola on September 28, 2011 at 8:00am — No Comments

Forex Price Action Setup on EURUSD

After struggling to break the 1.3550 level for a little over two days, the EURUSD finally broke the 1.3550 level and closed above the 38.2% fib (of the 1.3950 - 1.3362 downmove) and has held the level.

However, it did form a… Continue

Added by 2ndSkiesForex on September 27, 2011 at 11:54pm — No Comments

EURGBP another clue present?

on 4H charts second clue shows up within a nice bearflag. chances of short increase but as always good entry levels help with risk/reward. 2 rejection candles on chart.

Added by cristotrading on September 27, 2011 at 11:45pm — No Comments

FOREX VIDEO | New York Session Review | September 27, 2011

The US dollar retreated against the major European currencies during today's New York morning session. The EUR/USD currency pair rose more than 170 pips above its London session low before the end of the European trading day.

Watch a 9-minute video tour of our members-only website… Continue

Added by FX BOOTCAMP on September 27, 2011 at 11:38pm — No Comments