HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Volatile NY session The EURUSD traded to the highest level since November 9th taking out last week’s highs in the process between 1.1890 and 1.18931. The high price reached 1.19053. Then all hell broke loose. The Markit PMI data came better than expected and there was a run into the USD. That move saw the
Regardless of whether your trading stocks, forex, or futures, it’s often best to keep it simple when it comes to technical indicators. A technical indicator offers a different perspective from which to analyze the price action. Some, such as moving averages, are derived from simple formulas and the mechanics are relatively easy to understand. Others,