Markets have a language all their own and within that language, forex has its own dialect. Here are some terms we commonly use in our commentary. If you would like to see additional terms defined, e-mail sem at forexlive.com Bank for International Settlements (BIS) an international organization which fosters monetary and financial cooperation and serves [...]

Three little rules Jamie’s rules for forex traders: Understand the basics of technical analysis. You don’t need to be a quant-geek to be successful, but understanding the first ten chapters or so of the classic Technical Analysis of the Futures Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy would be a great [...]

Trade balances are evaluations of the relationship between the imports and exports of a given country. Particularly, the purpose of the trade balance is to determine if the amount of goods and services leaving the country is reasonably balancing in good levels with goods and services being imported into the country. Properly assessing the current [...]

OECD Composite Leading Indicators (CLI) is a collection of indicators from 30 countries that strongly believe in the free market system. These countries hold the OECD meeting to make decisions regarding the markets which have impact on the entire region of the 30 member countries. OECD stands forte organization for Economic Cooperation and Development. How [...]

The German industrial production reflects the industrial performance of the German economy. It measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Germany being the second largest industrial products exporter plays a major role in the direction of the European economic trends. How important is it? Giving [...]

You see that the EUR/USD was moving up strongly, so you bought this pair on the last pullback. But now after another move up, the pair has pulled off of the highs and is moving down and you wonder if there is a way to measure the strength of the move so you could have [...]

When the basic applications of technical indicator fail to explain the current market climate, we can experiment with a new and fresh look at the charts. The following (1-hour) chart shows a steady downtrend, with its expected support and resistance levels. Since the trend is to the downside, we should place more emphasize on our [...]

Last week I was reviewing a website which has a trading signal program for those investors who prefer to not being involved in confusing market analysis and I respect them because such services normally will bring them more time to do other important things in their daily life. But the interesting thing was the most [...]

Floating Exchange Rates In a floating exchange-rate environment, the exchange-rate responds to many factors including the flow of imports and exports, the flow of capital and relative inflation rates. Often, limits are placed on exchange-rate fluctuations according to government policies. One factor affecting the exchange-rate between the Australian Dollar and other currencies is the merchandise [...]