InForex
The purpose of this page is to encourage and collect the user reviews of a Forex product called InForex. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at http://inforex.pattern-watcher.com/.
Three Reasons Why the Euro is Going Back to 1.45
This is a guest post by Simit Patel
At the time of this writing — February 2012 — the Euro is trading at around 1.31. Though it may seem unlikely now, here are three reasons to believe EURUSD is headed back to 1.45 in the years to come.
Euro Bulls are Defending 1.28. As the monthly chart below illustrates, 1.28 has historically been a support/resistance zone — meaning a focal point where strong buyers/sellers capable of pushing the market step in. On top of that, technical analysts will observe that it is around the 38.2% retracement level of the big move up from the Euro’s inception in 2001 to its 2008 highs past 1.60 while also being around where the 200 month exponential moving average is. The fact that these technical indicators are all finding themselves in roughly the same price zone tells us that there is a “price wall” of sorts; it will be tough for sellers to push through this zone, as those who have been short sellers for a while will look to take profits, while speculative buyers will feel comfortable jumping in here.
Forex Social Signals
The purpose of this page is to encourage and collect the user reviews of a Forex product called Forex Social Signals. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at forexsocialsignals.com.
Extreme Day Trading
The purpose of this page is to encourage and collect the user reviews of a Forex product called Extreme Day Trading. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at theultimatetradingsystem.com.
One Day Swing Trades
The purpose of this page is to encourage and collect the user reviews of a Forex product called One Day Swing Trades. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at onedayswingtrades.com.
Vital Components of a Comprehensive Trading Plan
This is a guest post by Matthew Johnson
You must have heard several times that it is important to have a trading plan and stick to it. Not having a trading plan is like an invitation for failure as a trader. What is meant by building a trading plan? Here are some broad points to consider.
The Importance of a Trading Plan
Trading plan is nothing but a checklist. You refer to it before taking a trade. When in a trade you refer to it to make sure that you take a decision according to a plan. Checklist also helps you to stay away from trades which are low probability set ups. The whole idea behind the trading plan is to keep emotions away and take decisions logically.
EUR/USD Rises on Easing European Borrowing Costs
This is a guest post by Ezekiel Chew
EUR/USD climbed as solid eurozone sovereign debt sales and signs of Greece moving closer to a vital debt-swap deal eased concerns and renewed confidence over Europe’s refinancing capability. Spain and France sold bonds at lower yields yesterday and today Greece and its private bondholders will resume debt-swap talks to overcome differences on interest payments. Currency strategist at Bank of New Zealand, Mike Jones said “Given that the European debt markets are the focus at the moment, positive signs emerging there have helped sooth any investor nerves. The market really focused in on the negative headlines rather than the arguably slightly firmer details of that employment number”.
Auto FX Payday
The purpose of this page is to encourage and collect the user reviews of a Forex product called Auto FX Payday. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at autofxpayday.com.
Keltner Bells
The purpose of this page is to encourage and collect the user reviews of a Forex product called Keltner Bells. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at keltnerbells.com.
How to Apply the Fibonacci Retracement Tool Correctly?
This is a guest post by Alexander Treston
The Fibonacci retracement tool is one of those tools in forex that a forex trader simply cannot do without. This is because in the financial markets, prices do not move in a continuous straight line, but in a convoluted twist of pullbacks and advances. Whenever the price action of a currency has moved substantially in a particular direction due to a very strong trend, those traders who were able to get in early would at some point, decide to take some profits from their trades. This will place the gaining currency on offer and will lead to a supply excess over demand for that currency at that particular time, leading to price pullbacks.
