Happy Holidays and Happy New Year!
December 23rd, 2009 admin
I would like to wish everyone a very happy holiday season and a prosperous New Year! - James Chen
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TONS OF ANNOUNCEMENTS...And by tons I mean 3. www.mlgpro.com
Channel Announcements...Just giving you guys a heads up on some stuff. Check out my friends, Bushwhack: iTunes Link: www.facebook.com Facebook: www.facebook.com
A Few Quick Announcements...Buy a shirt, win a book: threadingout.storenvy.com Coupon Code: TAA5
Hardly Working: Suspicious Announce...Fire is no joke. See our videos a month earlier at www.collegehumor.com and follow us on http
fxstreet bolg 0 GBPJPY 08 02...
fxstreet bolg_01 _GBPUSD_08_01_10.f...GBPUSD
FXDD Forex Commentary FXStreet Why...The EURUSD moved above the 100 day MA and the 38.2% retracement of the 2010 trading range last week and remained above those levels on a closing basis this week. Today the price has flucuated below and above the levels. ...
FXDD Forex Commentary FXStreet Comm...The GBPUSD has been rallying higher since May 2010. Over that time the price has moved from 1.4229 to a high last week of 1.5470. The pair over the last few day has shown signs of tiring. The price has moved below the 100 hour MA today. The pair tested the 200 hour MA at the 1.5197 level and held but the corrective move higher has stalled at the 1.5240 level, a key technical level I am watching.... ...
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Happy New Year! Please check out the trading-related New Year’s Resolutions for 2010, including mine and those of my fellow FXstreet.com contributors: http://www.fxstreet.com/education/trading-strategies/2010-resolutions/2009-12-31.v15.html . Enjoy! – James Chen, CTA, CMT * For information on my book, Essentials of Foreign Exchange Trading...
Price action on EUR/USD, a daily chart of which is shown, has once again descended as of Tuesday morning (6/01/2010) New York session. Today’s drop tentatively broke down below the prior 1.2140 short-term support, establishing yet a new 4-year low for the pair around the 1.2110 price region. This occurs within a continuing strong and steep downtrend....
Price action on EUR/USD, a daily chart of which is shown, dipped below 1.2300 support on Monday (5/17/2010) before correcting back up above that level and consolidating as of early Tuesday (5/18/2010), New York session. The technical bias on EUR/USD, however, remains substantially bearish in line with the strong continuing downtrend in the pair...
Price action on USD/CAD, a daily chart of which is shown, on the first trading day of the New Year has displayed a marked bearishness that has brought the currency pair back down to dip below strong recent support in the 1.0400 price region. This tentative bearishness exists within the context of both a long-term general downtrend extending from...
What a year 2009 has been for market participants all across the globe, as we saw markets collapsing, reviving, collapsing again and at the final hour closer to the year end, a general optimistic feeling that things are getting better, which gave stocks and equities a push to new yearly highs. We had it all in the last year, bad news, bad economic...
In some ways, 2009 was a wild year in forex markets. Compared to 2008, however, it was relatively tame. And that is all I have to say about forex in 2009. Ah, if only it were that simple… The year began as a continuation of 2008. Global capital markets were still in the throes of the credit crisis, and risk aversion was in vogue. Investors...
Just a quick announcement that I will be at the New York Traders Expo being held at the Marriott Marquis Hotel in Times Square, New York City on February 15 and 16 ( http://www.moneyshow.com/nyot/main.asp?scode=012453 ). I will be giving a live seminar covering forex trading methods on Monday, Feb 15 at 3:45 PM. Also, I will drop by the FX Street...
StartOptions , a provider of binary options is offering a promotion on binary options. People that win on their EUR/USD trades will receive a 85% return for these specific trades. This promotion lasts until midday on Thursday. This is a chance to get acquainted with the instrument of binary options – a financial instrument that can be...
I'm back from my extended holiday in Thailand and am ready to start blogging again. Thailand was amazing by the way and I will definitely be going back later in the year. (…)
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Well, that payroll figure put the cat amongst the pigeons, n’est-ce pas? A headline figure close to zero, the best household figure since late ‘07, and an unemployment rate that knocked on the door of single digits: what wasn’t there to love? The short answer, of course, was the impact on your author’s P/L, where his wretched...
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