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GBP/USD Seasonal Patterns – Use a Seasonality Strategy to Confirm Entry and Exit Points in Forex

There are indeed consistent GBP/USD seasonality patterns, and we can see these patterns by looking at the following seasonal chart of Pound futures. These seasonal tendencies can be used find opportune times to trade the GBP/USD forex pair (or Pound futures).

How Much Forex Leverage to Use

With some forex brokers offering up to 500: 1 leverage it is little wonder why “How much forex leverage?” is a common question especially among new (and seasoned) forex traders. Most traders realize that leverage is a double-edged sword, magnifying profits as well as losses.

Trading On The Foreign Exchange Market

The Foreign Exchange Market, usually abbreviated to forex, allows you to buy and sell currencies from across the world in a bid to make a profit. World financial centres act as anchors of trading between buyers and sellers, who can be anyone from a small, private investor with just a few pounds to invest, to multibillion dollar corporations investing and making large amounts of money.

Advantages of a Forex Forum

A forex forum is a place where you can discuss forex trading strategies, forex robots, current market trend and various other issues related to the online currency trading business. In short you can get answers to all your questions related to forex trading.

Forex Trading – Getting Started

Anyone can get started as a foreign exchange (Forex) trader with just a computer and an internet connection. Setting up an account with a broker can be done with as little as $250. To be successful, a trader needs more than just an account with a broker. There are many Forex trading tools available to help a trader to make the right decisions and profit from their trading.

USD/CAD Turbulence on Forex Charts

Recently there has been a lot of trouble with the USD/CAD pair which has been going through a good deal of trouble as of late. There have been many commercial institutions trading this pair that has caused a huge number of traders to call their Forex broker and place trades in many different charts. The amount of trades in this pair has been increasing as of late, and has brought a lot of traders to the table looking for some opportunities.

Euro Gaining Steam Against USD on Forex

The recent sale of Spanish debt was greeted with a good deal of enthusiasm and went a lot better than many expected. China came through and made a good deal of purchases sending the Euro high, and it also had an added bonus of creating good sentiment within Asian stock markets. This has caused many traders to re-evaluate their short positions on Forex, and indeed there has been a moderate rise in value from those abandoning their short sales.

Troubles in Iran Continue to Mount and Impact USD on Forex

The political tensions with Iran are reaching a boiling point as of late, and as a result there has been no shortage of threats being shuffled back and forth. The President of Iran is still being quite disagreeable for the liking of the United States and United Nations, both of whom have demanded that Iran stop its uranium enrichment programs. The reason these demands are being put forth is that it is thought that Iran is pursuing a nuclear weapons program.

Unemployment Wanes in US and Impacts Forex

In a surprise move Republicans have decided to push forward with unemployment benefits and tax cuts that relieve pressure on nearly half the country. This is welcomed news by the American middle class who is still suffering an incredible amount of stress as a result of the bad economy. The US dollar has been rising due to gold and the US stock market falling, but how long is this going to really last?

JPY Eyes Further Lows Against Majors

In light of what has happened recently between the JPY and the GBP it should come as a surprise to no one that the currency is still performing well. Make no mistake about it, the Japanese Yen is something that will continue to perform well in the near future. Japan’s GDP and their impressive overall base of production is too impressive to be ignored, and while their economy is having problems overall the JPY should still flourish on Forex.

GBP/JPY Turning Around on Forex

This pair has continued to devalue the Pound in recent weeks, and in doing so has brought about renewed concern for many long positions. It certainly seemed as if this pair has reached a plateau, but given that a lot of different positions have begun to be closed there is new chance for serious movement. The old low would still be a good psychological “floor” to count on if things get out of hand, but at this point it is clear that this pair is living up to its unstable reputation.

3 Reasons That Explain Why Women Are The Best Forex Traders

The forex market is the biggest market of the world, it is a dependable source of income for many traders. Many of the most successful ones are women, and there are some good reasons for that. Read more to learn why…

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