Tag Archives: GBPUSD
The CME Group posted its December volume data for individual contracts yesterday. Last Thursday they published their overall monthly figures which showed the FX unit experiencing 6.5% MoM ADV growth. The December growth led FX trading to be the CME’s …
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Raghee Horner of Interbank FX, talks about swing trading in her latest post. “A swing trade is a setup that requires a trending market and a correction (or “swing”) of the trend. The swing itself therefore becomes the entry set …
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Pulling up the monthly chart on GBP/USD, we can see how it’s tested the (red) trendline on a few occasions over the past couple of years. Even in November ALREADY it’s been tested. Taking a look at the indicators at …
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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 …
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I know there are a number of traders who will claim that some pairs are easier to trade than others. Although I do admit that history shows this might be the case, the truth is, no pair is easy to …
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The short answer is, they don’t. Because in reality, no-one actually “knows”. Whenever you hear a trader saying they know for a fact that their system works, then in turn you should know that this person isn’t a very good …
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