All Blog Posts (1,487)

Forex4you Technical Analysis 08/10/10

EUR/USD: Technical Analysis

This pair made highs of 1.4028 yesterday before rolling over; the whole day a doji candlestick. As I mentioned before the 1.4000 level is key because it is where the ‘A’ leg of the rise from the June lows will equal the ‘C’ leg and this is the most common relationship on completion. It is also the level of the R1 monthly pivot thus compounding the resistance there. We would expect that there would be some sort of… Continue

Added by Forex4you on October 8, 2010 at 7:47am — No Comments

Principles of Wealth Creation

To accomplish your goal of becoming financially free, you will need to master specific principles of wealth creation. No, these aren’t some magical set of principles we found scratched in papyrus scrolls in the ruins of an ancient temple. They’re contemporary, commonsense principles. At the same time, though, they are magical, because they create the basis for a sound foundation of wealth creation.

You need to be systematic and thorough in your approach to these eight principles. If… Continue

Added by James Dicks on October 7, 2010 at 8:00am — No Comments

Forex4you - Daily Technical Analysis 07/10/10

EUR/USD: Technical Analysis

The price tested level 1.3950/60, which proved to be strong enough to hold back the “bulls” for some time. Then the level has been breached, the price tested one more level -1.3990- and now it resides at 1.3960/70. Indicators show no changes and still suggest growth. But taking into account MACD divergence, we should probably expect one another bounce of the euro to 1.4010/10 and then be ready to a large-scale pullback… Continue

Added by Forex4you on October 7, 2010 at 7:49am — No Comments

ForexPros Daily News October 7, 2010

ForexPros Daily News October 7, 2010

Forex - USD/JPY tumbles to new 15-year low as intervention sidelined

Forex Pros – The… Continue

Added by forexpros on October 7, 2010 at 7:45am — No Comments

Forex4you Technical Analysis 06/10/10

EUR/JPY: Technical Analysis

This pair has now reached highs in the 115s which also happens to be the point and figure target from the August lows. It seems likely that from here some sort of correction may develop or a consolidation range. I think the odds are slightly more in favour of a sell off - first to near-term support at 114.60 and then if stronger, to the lows in the 113.90s. The drop from here could be quite sharp given the persistently… Continue

Added by Forex4you on October 6, 2010 at 10:56am — No Comments

A millionaires dreams

Each of us creates our own world, today and tomorrow, by the thoughts and dreams we create. This is precisely why financial freedom is viewed so differently once you get past the dollar number. Our dreams are all different, and that variety is a good thing. Can you imagine how difficult life would be if we all wanted to be doctors?

In order for life to work, we must all be different. We must have different dreams and different aspirations. But this very variety means that these… Continue

Added by James Dicks on October 6, 2010 at 8:00am — No Comments

ForexPros Daily News October 6, 2010

ForexPros Daily News October 6, 2010

Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market

Expert: Stephanie Radkay

When: Mon, Thu, Oct 7, 2010, 11:00 ET

Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here is your… Continue

Added by forexpros on October 6, 2010 at 6:48am — No Comments

Weekly scope: AUD/USD and Gold breakthroughs

After a long deliberation around psychological level 0.9700, the Australian Dollar surged and broke its most recent resistance (0.9750) and is deliberately heading towards last all-time highs of 0.9850 in July 2008. We also have the weekly Pitchfork median line pointing at about parity, and if the highs are broken there is no limit for a final push to achieve an equal level with the greenback.…

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Added by Caroline Carlin on October 6, 2010 at 6:00am — No Comments

Dreaming is fun, isn’t it? Part 3

Welcome back.

Follow up to previous blog post.

Once you have actually seen yourself spending and enjoying your newfound financial success, you can move on. Please don’t fudge—OK, let’s move on together. Let’s change your visual focus. Where do you live in your new life of prosperity? What does your house look like? How many bedrooms does it have? Can you see it? If you can see it, spend a few minutes creating details. If you can’t see it, spend a little more time with the… Continue

Added by James Dicks on October 5, 2010 at 8:15am — No Comments

Forex4you Technical Analysis 05/10/10

EUR/USD: Technical Analysis

The correction reached even lower supports, the price went below level 1.3710. Level 1.3660/10, previously mentioned as the key support on the way downwards, withstood the “bearish” pressure, and the price returned to growth, testing level 1.3630/40. The trading is currently carried on at 1.3780/90. Indicators prefer growth, though MACD divergence, on the contrary, makes us doubt of a possible growth to the new… Continue

Added by Forex4you on October 5, 2010 at 8:13am — No Comments

ForexPros Daily News October 5, 2010

ForexPros Daily News October 5, 2010

Free webinar on ForexPros - Top 12 Golden Trading Tips: Start Your Day on the Right Side of the Market

Expert: Stephanie Radkay

When: Mon, Thu, Oct 7, 2010, 11:00 ET

Trading can be as risky as flying a plane. Pilots use a checklist to get off the ground and so should traders. Here is your… Continue

Added by forexpros on October 5, 2010 at 7:45am — No Comments

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Added by Forex4you on October 4, 2010 at 8:12am — No Comments

Forex4you Technical Analysis 04/10/10

EUR/USD: Technical Analysis

After having spent most of last week rallying the EUR/USD pair began falling this morning. The pair may continue to drop to support at 1.3650 initially. After that there could be a recovery rally. It is possible the market may zig-zag sideways for a while thereafter oscillating between the 1.38 highs and the 1.36 lows. This could be the start of a wave 4 correction of the rally from the August lows. Given wave 2 was… Continue

Added by Forex4you on October 4, 2010 at 8:02am — No Comments

Forex4you Technical Analysis 1/10/10

EUR/USD: Technical Analysis

Level 1.3700/1.3680, previously seen as a strong resistance didn’t prove to be strong enough to start a large-scale correction, so the trading went upwards and is now carried on at 1.3720/25. Indicators keep suggesting two different scenarios – R% and SS remain in the overbought zone, supporting the “bullish” trend on the one hand, and MACD is currently forming divergence, giving signs to a… Continue

Added by Forex4you on October 1, 2010 at 7:53am — No Comments

Your rights have been stolen!

I can’t take it anymore, as a United States Marine, I served this great country to protect our very rights that seem to be not slowly but quickly disappearing, at almost an alarming rate. Well enough is enough, I will continue to…

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Added by James Dicks on September 30, 2010 at 12:14pm — No Comments

FED buys bonds causing USD and JPY to surge in late morning trading.

The Federal Reserve bank of NY purchased 2.2$ billion in Treasure bonds late Thursday morning causing a shift from the early morning slide of both the USD and JPY. Both pairs gained ground on the announcement as traders see this is a pledge to reinves cash from the maturing mortgage backed securities and look to shift capitol back in Bonds in an effort to strengthen the US economic recovery. The auction offered nearly 12 billion in debt maturing between 2021 and 2040.

At this point… Continue

Added by Adam Horak on September 30, 2010 at 12:11pm — No Comments

Forexpros Daily Analysis - 30/09/2010

ForexPros Daily Analysis September 30, 2010

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Euro Dollar

The Euro broke the resistance specified in yesterday’s report 1.3589,only to stop on the middle if the road between this level and our suggested target of 1.3690, topping at… Continue

Added by forexpros on September 30, 2010 at 6:00am — No Comments

Analysis on the USD/JPY

The USD/JPY has been a very volatile pair as of late. From the beginning of this month, the US dollar started to lose value against the yen, but up until the BOJ intervention on the local currency the pair drastically reversed and broke all major levels of resistance. With that being said, the pair did reach a high of 85.95, let's say 86.00. Once it tested such major resistance point, it failed to break through, then it started to retraced to the previous downtrend…

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Added by JDfn Administrator on September 29, 2010 at 11:01pm — No Comments

Australian Dollar: End-of-month overview

After a long and steady uptrend, the Aussie seems now due for a significant retrace. Yesterday’s tight consolidation gave way to a further push up above psychological level 0.9700, which we were targeting as an intermediate step up to parity in our past forex technical analysis. On 4-hour charts, we can see it forming an ascending wedge and having already pierced its lower trend line on the previous candle; AUDUSD… Continue

Added by Caroline Carlin on September 29, 2010 at 4:00pm — No Comments

Forex4you Technical Analysis - 29/09/10

EUR/USD: Technical Analysis

Resistance at level 1.3540/20, mentioned earlier as the growth target couldn’t hold back the pair’s movement. The pair pulled back and currently resides at 1.3580/90. Nevertheless, indicators keep forming MACD divergence, which is seen as a signal to a possible large0scale correction. The bulls still have chances to continue their upward movement and raise the price to 1.3700/1.3680, wherefrom the price will start its… Continue

Added by Forex4you on September 29, 2010 at 8:00am — No Comments