Forex Market View for September 19, 2014

Forex Market View for September 19, 2014 The Scotland vote to stay in the UK dispelled doubt and renewed anticipations of a BoE rate hike early next year. GBP/USD fell sharply today, retracing new tentative gains. In spite of the NO finally won in Scotland, profit taking along with dollar strength had weighted more. The… Read More »

Forex Market View for September 18, 2014

Forex Market View for September 18, 2014 The Scotland vote today is the major event, and as significant as a “yes” vote would be, it is not the only event today. There is not much more to add to the conversation. While the polls continue at a statistical dead heat, the perception of crowds work… Read More »

Forex Market Summary for September 17, 2014 Fed Notes

Forex Market Summary for September 17, 2014 Fed Notes Highlights from the FOMC: “Significant” and “considerable” stayed in, but the spots moved moderately higher. As for Yellen’s comments, if you assume that she is the 4th one from the bottom that went from 2% to 2.125% for YE16 and her level for 2017 is perhaps… Read More »

Free Tools for MetaTrader 4 You Should Look At

FX Pulse 3.0 Finding free tools for MetaTrader 4 can be a bit challenging but here’s one that can be really useful. FX Pulse 3.0 is an indicator that appears on your chart but provides you with fundamental information. It is in the form of the script and is relatively simple to install. Oh you… Read More »

Forex Market View for September 17, 2014

Forex Market View for September 17, 2014 US CPI The Department of Labor advised that US inflation totals measured by the CPI climbed at an annual pace of 1.7% in August, missing estimates for a 1.9% gain. On a monthly basis, prices fell 0.2%. Core CPI, which take away food and energy costs, rose 1.7%.Great… Read More »

Forex Market Summary September 16, 2014

Forex Market Summary September 16, 2014  USD/JPY rebounded and climbed back above 107.00. The lows attained resistance at 107.20, and close to the end of the day trades at 107.15. The pair stays checked in a tight range, with price lingering near its 100 SMA. FOMC will announce the statement and also Janet Yellen will… Read More »

The Role of Forex Liquidity Providers

The simple definition of a Forex Liquidity Provider is a bank or institution that makes markets in currencies. The liquidity provider plays a key role in the Forex Market since there is no centralized exchange to Trade Forex. Many seem to forget that their trade at some point ends up with either a bank or… Read More »

Forex Market Summary for September 15, 2014

Forex Market Summary for September 15, 2014 Market Moving Events to Watch This Week: They are the FOMC meeting, the introduction of the ECB’s Targeted Long-Term Repo Operation (TLTRO), and the referendum on Scottish Independence. EUR/USD is trading at 1.2936 and has not been presenting us any large tremors on the session until we got… Read More »

How Social Trading Will Impact the Forex Market

One of the newest phenomenon to hit Forex Trading is the introduction of Forex Social Networks. Traders are now finding numerous options on how to interact and trade with other traders around the world. Since 2008 there it been numerous social trading networks that have appeared. It seems that this is not just some passing… Read More »