Archive for December, 2007
« Previous Entries Next Entries »DailyFX Forex Radio - Dollar Falls on Fed Announcement, Key Currency Event Risk Ahead
Wednesday, December 12th, 2007Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM121207.mp3
Key Points
· US Dollar Falls on Fed Plan , momentum weighed to the downside
· SNB Rate Decision and US Advance Retail Sales may force major movements through tomorrow’s currency trading
To discuss these or any other FX topics with the DailyFX analysts, check out the Forum
Want to […]
Be careful what you ask for….you just might get it.
Wednesday, December 12th, 2007When we start one of our FX Power Courses, we ask new students to introduce themselves and let us know a little bit about their trading interests. If you take their explanations at face value, you would be surprised at what you hear. Some are there for the excitement of trading, while others are there […]
DailyFX Forex Radio - Fed Cuts by 25bp but US Dollar Rallies, Canadian Dollar to see Further Volatility
Tuesday, December 11th, 2007Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM121107.mp3
Key Points
· US dollar rallies on Fed Rate Cut, but Japanese Yen dominates
· FOMC statement hints at further cuts, but Dow Jones loses over 300 points through the close
To discuss these or any other FX topics with the DailyFX analysts, check out the Forum
Want to hear […]
A loosing trade
Monday, December 10th, 2007In my past entry, I wrote about a poor trade I entered about a week ago. I purchased 3 lots of EURUSD at about 1.4920, expecting to climb all the way to 1.50. Instead, the Euro retraced back down. I kept my trade open for a few days expecting it to rally back, but instead the […]
DailyFX Forex Radio - Fed Decision to Dominate Currency Markets, but Watch out for UK Data
Monday, December 10th, 2007Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM121007.mp3
Key Points
· US dollar declines ahead of the Fed - but Pending Home Sales brighten economic prospects?
· Four scenarios for the Fed, but US dollar sees two equally likely outcomes
To discuss these or any other FX topics with the DailyFX analysts, check out the Forum
Want […]
Trade Directly Through Charts?
Monday, December 10th, 2007Up until recently, the few choices traders had (outside of FXCM) to place trades directly through charts was plagued by:
Poor execution quality/pricing and/or,
Unstable or poorly designed technology
Now that’s all changed…if you haven’t already, check out our newly revamped MarketScope charting package that comes free with our Trading Station platform. If you want to place trades […]
DailyFX Forex Radio - Non Farm Payrolls Signal Smaller Fed Rate Cut, Significant Event Risk in Week Ahead
Friday, December 7th, 2007Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM120707.mp3
Key Points
· Currency trading markets prove indifferent to NFP data, dollar risks to the downside?
· Time for the FOMC meeting! Will the Fed deliver 25 or 50 basis points of rate cuts?
To discuss these or any other FX topics with the DailyFX analysts, check out the […]
Clients Give Positive Feedback on FXCM’s DailyFX+
Thursday, December 6th, 2007I truly enjoy the tools that DailyFX+ gives me as a trader, and the advantage it provides in making decisions on my next move. - Robert, Louisiana
The best Forex trading site around. - Brett, Australia
I like the order board feature from IFR markets. It is very useful in picking entry and exit points as well […]
DailyFX Forex Radio - Traders Await Critical Bank of England and European Central Bank Decisions, Dollar Remains Bid
Wednesday, December 5th, 2007Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM120507.mp3
Key Points
· US Dollar sees upward momentum on stronger-than-expected ADP Employment Change Data
· Upcoming European Central Bank and Bank of England rate decisions to drive considerable volatility across major currencies
· US Treasury Secretary Henry Paulson announced mortgage bailouts, could this help the US dollar?
To discuss these […]
Interest rates are an FX trader’s best friend.
Wednesday, December 5th, 2007Once a new trader comes into one of our FX Power Courses they want to know the tricks of the trade. Many will ask if there is one thing that has a mystical power over the currency pairs and if they learn that, it will make them a better trader. Most are kidding, […]
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