why retail traders lose

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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USD Slides as Global Equities Rally

The U.S. dollar is weaker on Thursday in the aftermath of a global equity rally sparked by better-than-expected auto sales in the United States on Thursday.Global equities are higher after U.S. automakers reported upbeat production data on Wednesday, with March total vehicle sales up to an annualized 9.9 million compared to February's 9.1 million and an expected 9.2 million level. Automakers also said the bottom for the industry has been reached.The Japanese Nikkei closed 4.4% higher while

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US Unit Labor Costs increase 3.3% in Q1

FXstreet.com (Barcelona) For more information, read our latest forex news.

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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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Positive U.S. Equity Futures Push Euro Higher

Stronger North American equity futures are helping to boost the euro higher against the U.S. dollar. The euro continues to benefit after the massive U.S. dollar selloff during the previous session.Currency markets were relatively quiet in overnight trading as traders continued to digest the FOMC statement released Wednesday afternoon. The U.S. dollar lost significant ground after the Fed announced it would expand its balance sheet by almost $1.2 trillion, which includes purchasing $300 billion in longer-term Treasuries.EUR/USD

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Forex: USD/CAD falls 0.45% today to test 1.2330 ahead of retail sales

FXstreet.com (Barcelona) - USD/CAD has fallen 40 pips last hour, and 0.45% so far today from opening price at 1.2392, to test the 1.2330 support ahead the Canadian retail sales data. Currently the pair is trading around 1.2350/60.Retail sales in Canada is expected to fall 0.3% between January and February as weaken credit conditions and labor market are pressuring households. Last month, Retails sales posted 1.9% increases from December. Excluding autos, Retail sales expectations are a 0.2% increases between January

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Yen Modestly Higher After Slow Day for Data and News

The Japanese yen is modestly higher on Wednesday on the backdrop of a quiet day in terms of economic data or events.Japanese equities followed a decline in U.S. markets on Tuesday, after a weaker-than-expected retail sales report. The Japanese Nikkei closed down 100 points to 8743 and the Hang Seng Index up 89 points to 15670. Record declines in Japanese industrial production for February were largely unrevised on Wednesday according to the Ministry of the Economy, Trade

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Dollar could lose momentum

!--TITOL: h1Dollar could lose momentumFITITOL--FXstreet.com (Buenos Aires) - The belief that the worst of global economic turndown is over is likely to continue this week, and dollar could weaken partially against major rivals, losing its safe haven condition. However, Euro won?t find an easy way up as reports last week showed huge contractions in economies throughout Europe and that should pin down any rallies in the single currency. Also, this week the U.K. will present their inflation numbers, and that

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Does The Market Trade Against You?

Hi TradersHow are thing going with you...Have you ever felt like the market is just waiting for you to enter, then it goes the other way? Then just as you get out, the market seems to reverse and go exactly where you thought it would when you entered? It almost seems that the pros know where your emotional decisions will be made, then they trade ag

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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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