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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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Forex: EUR/USD falls to 1.3000

FXstreet.com (Córdoba) ? Dollar gain momentum and is rising across the board. EUR/USD fell more than a hundred pips sharply from 1.3150 to 1.3000 after the pair failed to brake above 1.3155. Next support after 1.3300 is at 1.2970. The movement followed reports of a 6.0 magnitude earthquake that hit Mexico, near Acapulco. The stocks in the USA turn and now are down. Dow Jones Industrial Average falls 50 points after worries about the swine-flu increased. For more

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Foerx: USD/JPY drops quickly to test 96.00

FXstreet.com - (Barcelona) - USD/JPY continues dropping quickly ant now the pair is testing the 96.00 level after falling around 90 pips from 97.20 to 96.10, fresh May high, in the American session. Currently the pair is trading around 96.15/25, 1.40% below todays opening price.According to James Chen, Chief Technical Strategist at FX Solutions, USD/JPY is dropping to 96.00: Price action on USD/JPY has been dropping substantially since last Friday after hitting strong resistance in the 99.55-99.75 price region. This

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Charles-henri Sabet Et Saxo Bank... La Rupture

Saxo Bank vient de suspendre Charles-Henri Sabet un membre du conseil exécutif et fondateur de Synthesis Bank devenue depuis Saxo Bank Suisse. La banque a lancé une enquête interne et dit collaborer avec les autorités Suisses. Saxo Bank ne donne pas plus d'information.J'ai appris l'info via des rumeurs à Genève ce matin, Ca semble confi

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Forex: EUR/USD falls below 1.3600 again; Wall Street falls further

FXstreet.com (Barcelona) - After rebounding from 1.3570 support and rising above 1.3600 and reach 1.3660 level, the EUR/USD is falling again, currently the pair has lost 75 pips to reach 1.3585. The pair is declining 0.60% so far today from opening price action. US Stock market is falling on concern in economy.Dow Jones is declining 2.20% so far today, S&P 500 falls 2.54% and the Nasdaq index is losing 2.54% during its session.According to Michael J. Malpede, analyst at Easy

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Compte Démo Illimité

Bonjourje recherche un compte démo mais avec un temps illimité et non d'un mois, vous savez quel broker propose ce type de compte ?CordialementHans

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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

forex - why do forex traders fail - newbie forex traders in forums

Euro Holds on to Moderate Strength Despite Strong U.S. Dollar Rally

Weaker U.S. equity markets are weighing down EUR/USD, but the cross still shows some signs of strength.The Dow Jones Industrial Average has broken through lows reached in November 2008 and EUR/USD is trading in the middle of its recent channel. The euro continues to hold support at 1.2700 USD.No major economic data was released today and currency markets have taken direction from general market sentiment. On Monday afternoon, the U.S. government renewed its pledge to backstop the

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Australian Dollar Vulnerable as Risk Aversion Rises

The rally in the Australian dollar appears to have fizzled as risk aversion once again grips North American equity markets.The Australian dollar was on steady decline, which started in the Asian session and carried through the North American Session. Thursday's sell off has put AUD/USD in the middle of its recent range at 0.63 USD.According to currency strategists, news that the Chinese government didn't announce any new stimulus spending caused the rise in risk aversion. Chinese Premier

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Bernanke Says Banks Will Remain Capitalized, but "Too Big to Fail" Needs to End

Federal Reserve Chairman Ben Bernanke stressed the need to overhaul operating rules for too big to fail institutions on Tuesday.Speaking to the Council on Foreign Relations in Washington, D.C., Bernanke said the U.S. government currently remains committed to ensuring major banks have the capital necessary to weather the recession and to meet their commitments.Government assistance to avoid the failures of major financial institutions has been necessary to avoid a further serious destabilization of the financial system, and

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