Another week particularly rich in statistics with highlights Thursday on real estate indices with housing starts and building permits. There’s also the Philadelphia Fed Index (May), Jobless claims (weekly) and the Consumer Price Index (April) on the same day. On Tuesday, investors will also monitor import prices, and prices for industrial production on…
The dollar eased from a four and a half year high versus the Japanese yen on Thursday, weighed by downbeat factory data from the United States while strong growth data from Japan supported the Nipponese currency. The greenback pulled away from its highs versus most of its major peers as industrial production fell more than…
Hi friends, I’m trading EUR/JPY, mostly with moving averages. There is a very interesting situation right now … So what do we have: move from 94.20 to 127.70, next corrective move to 118.70 and next Kuroda’s easing program to push the currency pair a few pips over 131.00. All moving averages are not in this…
In trading, past performances have nothing to do with future ones (how many times did you hear this sentence?). Yet, we’re all a bit superstitious/stuck in the past/persuaded that there are no such things as coincidences. May is a cursed month for bullish EUR/USD, is 2013 going to be an exception? The little chart below…
Day trading is a good way to take your short term profits but it’s also a particular method that only a few of us actually master. The 3 most common mistakes are listed here, and practical solutions are given so you can improve your performances. Mistake #1: not following the trend You’ve been told…
