Posted by forexiq on April 16, 2010
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 [...]
Posted by forexiq on April 16, 2010
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 [...]
Posted by forexiq on April 16, 2010
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 [...]
Posted by forexiq on April 16, 2010
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 [...]
Posted by forexiq on April 16, 2010
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 [...]
Posted by forexiq on April 16, 2010
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 [...]
Posted by forexiq on April 15, 2010
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 [...]
Posted by forexiq on April 15, 2010
I started to adapt the systems with my onw rules. The biggest advantage of the Sidus method is that it is not necessary for adding extra filters. Whipsaws will occor, but less frequent. This system made my trading very profitable as it easy to understand, easy to implement and easy tofind the right entry-points. What [...]
Posted by forexiq on April 15, 2010
Weekly Forex Scalping Strategy Weekly forex scalping system is very simple. Create a weekly chart on your forex chart. Place trades 50 PIPS above or below the close for the previous week. Use 30 PIP trailing stops. No profit targets. Let the trade run for the entire week and close during the final 30 minutes [...]