Price Action (PA) is one of the best tool, as indicators which based on past data tends to lag. Some trade using momentum, for they believe momentum does not lag that much. Just like a car with high momentum would require time to stop, as long as ...

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Who says the news is GOOD!? The green only means that the data is better is the forecast.

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Yes, it is indeed GREEN 4:30pm GBP image CPI y/y 3.3%

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JPY: Margin Player USD Longs Down, Selective Buying Noted — Tokyo, June 17. The latest data from Quick Global information show Japanese margin player net currency longs down in some pairs and up in others. It seems this bloc is being more ...

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What is the problem? The link brings me to: url

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Buy Gold Sell Euro — Last Wednesday Morgan Stanley sent out signal: "Buy Gold and Sell Euro" 摩根大通放信号：买入黄金 卖出欧元

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The pendulum swings back in the USD’s favor — The pendulum swings back in the USD’s favor Two weeks ago, the USD surged on comments from Fed Chair Bernanke, sending the pendulum to the extreme side of USD strength. By the end of that week, ...

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The Week Ahead — The pendulum swings back in the USD’s favor Two weeks ago, the USD surged on comments from Fed Chair Bernanke, sending the pendulum to the extreme side of USD strength. By the end of that week, however, the pendulum had swung ...

Knowledge is Power

Margin FX "gambling" banned in China url

China asks banks to stop FX margin trading

Dear Wade Thanks for PFX Global which I frequent visit. I benefited a lot from the information, chart and video. If possible, please also extend a copy of the spreadsheet to me (email will be furnished to you via private message) so that I can ...

Trading COT Report

GBPUSD — Testing its support at 1.9418. If holds, may be seeing the pair rebounds up 1.95 and may even goes back to 1.96 [ Above 1.9525 look for further upside with 1.96 & 1.967 as targets.] Others say: Strategy:[email protected] Deeper setbacks ...

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GBPUSD — Testing its support at 1.9418. If holds, may be seeing the pair rebounds up 1.95 and may even goes back to 1.96 [ Above 1.9525 look for further upside with 1.96 & 1.967 as targets.] Others say: Strategy:[email protected] Deeper setbacks ...

Knowledge is Power

China has stopped local bank in offering Forex service — Actually, to be more precise, the subject matter is referring to: Margin FX "gambling" banned in China << China's banking regulators have issued a ban on FX margin trading, citing poor ...

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Candle Stick Formation Forecast — Candlestick Forecast for 14 June 2008 1. USDCHF At the time of posting YESTERDAY - Bullish Harami Line Confirmation: Buy Signal/breakout = Buy, move stop to the previous candle’s low, i.e. 1.03 (If current ...

Daily candle chart

Candle Stick Formation Forecast — Candlestick Forecast for 14 June 2008 EURUSD At the time of posting YESTERDAY - - Bearish Trending Candle takes over: Bearish Continuation 2 DAYS AGO -- Bearish Trending Candle takes over -- Engulfing Bearish ...

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Candle Stick Formation Forecast — Candlestick Forecast for 14 June 2008 1. USDCHF At the time of posting YESTERDAY - Bullish Harami Line Confirmation: Buy Signal/breakout = Buy, move stop to the previous candle’s low, i.e. 1.03 (If current ...

Knowledge is Power

Candle Stick Formation Forecast — GBPUSD At the time of posting - White Spinning Top: no direction/neutral - Appeared to be bearish YESTERDAY CANDLESTICK SIGNAL - Engulfing Bearish Candle: Bearish Signal - Bearish Trending Candle takes over 2 ...

Knowledge is Power

Candle Stick Formation Forecast — EURUSD At the time of posting - Doji: No direction - Look for possible Reversal YESTERDAY CANDLESTICK SIGNAL - Bearish Trending Candle takes over - Engulfing Bearish Line: Bearish 2 DAYS AGO CANDLESTICK SIGNAL ...

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EURUSD: Under Pressure Again In Whippy Market — Sydney, June 13: Sydney, June 13: The EUR/USD has been pretty whippy in Asia this morning. Stops above 1.5460 were triggered to a high of 1.5484 before investment bank sellers emerged and took it ...

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Good job and well done, Sham! Can't trade much just now during office hour (only got 58 pips and miss the last dive). But I am also done for the day, will let the market rest and find its course before going in again.

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