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A Wish To Introduce A Bit Of Safety To You

My name is David, and I am an American in Japan.Many traders often rely on instinct or luck, or believe that there is a single indicator or special combination of them that will magically make them rich. I just don't believe in this, and many traders I know find out the hard way that trading alone is deadly.The company I work for offers intere

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Making Too Much Money --- Sign Of Danger?

Hi all,I am a new trader, I have been trading for only about 2 years now.... after some initial mishaps learning the ropes, I got down a profitable method.It's been slowly & steadily profitable since february this year - so make that 7 months - seems to be working right? Recently I started using alerts, all it tells me is when trades compl

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Forex: USD/CHF: Dollar weakens further and tests 1.0895 level

FXstreet.com (Barcelona) - The Dollar continues depreciating against the Swiss Franc, decline from 1.1265 intra-week high ion May 18 has extended to test 1.0895 support level on Friday's European session.According to Rajoo C, technical analyst at Charmer Charts, the Dollar could dip further today: Hourly Trend is Sideways Down and Daily Trend is also Sideways Down, so expect the price to make lower lows but the downside may be limited. The patterns are suggesting a price projection of 10780 or

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Forexds Trader’s Choice Awards Name The 2009 Best Global And Regional Currency Brokers

After more than 1000 evaluations from traders in more than 80 countries over a 12 month period, twelve FX broker firms emerge as leaders in the fast growing retail Forex marketSalt Lake City, Utah, May 13, 2009. Forex Datasource, a market research firm and information portal serving the retail foreign exchange industry, has released the results of a year-long study of broker preferences through its 1st FOREXDS Trader’s Choice Awards. The vast scope of real FX traders sampled over a

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A Wish To Introduce A Bit Of Safety To You

My name is David, and I am an American in Japan.Many traders often rely on instinct or luck, or believe that there is a single indicator or special combination of them that will magically make them rich. I just don't believe in this, and many traders I know find out the hard way that trading alone is deadly.The company I work for offers intere

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US markets turn down on automakers hurting confidence, EUR consolidating

Fxstreet.com (Barcelona) - Wall Street has turned down from positive open after GM published its first quarter sales results. The automaker has said it lost twice as much money between January and March as it lost a year ago. Consumer confidence hurt sales on bankruptcy fears.Dow Jones is falling 0.83% an it has lost the 8.500 pts level, S&P 500 is down by 0.68% on the day and Nasdaq is posting 1.92% decreases.EUR/USD is fighting the 1.3400 key level after

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Market Reversal

USD JPYIn this am forex possibilities you say in the pre-amble to the trade suggestion that the market should reverse below the resistance of 98.00 (or there abouts.)I have looked at every time frame chart to see if I can identify your reason/thinking or perhaps chart pattern for you to make this statement... I can not see it,can you please do a li

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Why Most Newbie Traders Fail?

It is said statistically that 90% of the people who enter the Forex market end up failing and thus losing all the money they used to trade. But why are all these people ending up failing with so many strategies out there and such a big chance of building up a fortune?The simple answer is: They don't treat their trading accounts as their busines

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Only 95% Of Traders Are Unsuccessful.

Hi guys,You've probably heard that infamous phrase that only 5% of traders are successful in the forex market.Unfortunately It is true.I believe it could even be less.Now this may not sound too encouraging, especially to the newbie trader but it is a fact.In many circles forex is known as a zero sum game.In other words it has no gain.For you to

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Making Too Much Money --- Sign Of Danger?

Hi all,I am a new trader, I have been trading for only about 2 years now.... after some initial mishaps learning the ropes, I got down a profitable method.It's been slowly & steadily profitable since february this year - so make that 7 months - seems to be working right? Recently I started using alerts, all it tells me is when trades compl

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