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SEC Launches Investor.gov. Agency’s First-Ever Web Site Devoted Exclusively to Investor Education Click here Pakistan, Federal Minister for Interior, Rehman Malik hasblamed that some money exchange dealers are involved in providing financial assistance to the terrorists engaged in subversive activities in the country. http://dailymailnews.com/1001/23/FrontPage/FrontPage6.php Go markets Launches forex Spreads From 0.5pips http://www.prweb.com/releases/2009/10/prweb3087674.htm PFGBEST Launches Global Services Division [...]

Pulling up the hourly chart on USD/JPY, we can see how it’s tested the (red) trendline on quite a few occasions over the past couple of days. Will it test that resistance again within the next few hours? My guess is yes – stochastics are pointing up and and AC is green, but I don’t [...]

Taking a look at today’s EUR/USD D1 Chart, we can see how price stopped at around the 1.4700. This guys, was a virtual given – 1.4700 being a psycologial support/resistance point, AND the fact that it’s at the 61.8 Fib retracement level, consequently bouncing back up, and reacted to the 38.2 Fib line to the [...]

Press release sent by email: “We are pleased to announce that the North American Derivatives Exchange will be offering new contracts based on an equity index. Beginning October 25, 2009, Nadex members will have the opportunity to trade Japan 225 and India 50 binaries and spreads based on Nikkei 225 Index futures and CNX Nifty [...]

Steve Hopwood has very kindly updated the latest EA for the AshFX V2 system… “I leave the robot on 24/5 but it probably isn’t necessary unless it is managing trades as well as looking for them. If you do not require it to do any stop-loss managing of open trades, then you can probably leave [...]

Ok, so today we have the following setups: – Buy AUD/NZD – Buy EUR/AUD – Sell GBP/JPY – Sell AUD/CAD Personally I wouldn’t advise trading taking the first two. AUD/NZD’s candle is too long. EUR/AUD’s Stochastics are too choppy, plus candle too long. As for short GBP/JPY and short AUD/CAD, these two look like much [...]

FX Pro announced its plans to exit the US market (nothing official but this was leaked to several Forex forums) and gave all its US clients a notice letting them know that they should start terminating their positions. I suppose FX Pro, which is not a NFA registered FCM, decided not to enrage the US [...]

FXOpen is one of the companies that are most responsible for Metaquotes’ (the company behind Metatrader) success simply because it introduces features that Metatrader should have but it doesn’t. Alpari is another of these companies and occasionally serves as Metaquotes’ beta-site. FXOpen recently introduced the first ever MT4 ECN platform and also added PAMM accounts [...]

Is he preparing ground for a US regulated Forex exchange (CME maybe?) ? I’m quoting: “One of the lessons learned from last year’s crisis is the financial system can sometimes concentrate and heighten risk. Another lesson is that some institutions had gotten so interconnected that their failure would pose great risk to the economy at [...]

Eur/Usd – Today’s Outlook Taking a look at today’s EUR/USD H4 Chart, we can see how price stopped at around the 1.4850, bounced back up, and reacted to the 38.2 Fib line to the pip. Price has now come back down to 1.4880, and it seems as though it will test the 23.6 Fib level [...]