Saturday, December 13, 2008

Forex Blog (3 сообщения)

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My Forex experience and some Forex related information that might be useful to other traders
http://www.earnforex.com/blog
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  • Forex Forum Launched on EarnForex.com

    My Forex forum officially opens its doors for the Forex traders, theorists and Forex newbies today. The intent was to create a nice place for the market participants to share their experience and knowledge with others and to communicate in a friendly and easy atmosphere. The topics for the discussion are limited only to Forex related subjects, with the separate forums for various MetaTrader tools, brokers, analysis, news, etc. The off-topic discussion are also allowed but are limited to the special forum created for this purpose. For the Russian-speaking traders a separate forum is also available.

    I’ll do my best administrating these forums and will gladly listen to your proposals regarding its functionality and adding new features.

    The EarnForex.com forum will reside at this URL:
    http://www.earnforex.com/forum/

    Posted on Forex blog.
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  • Forex Technical Analysis for 12/15—12/19 Week

    EUR/USD trend: buy.
    GBP/USD trend: hold.
    USD/JPY trend: sell.
    EUR/JPY trend: hold.

    Floor Pivot Points
    Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
    EUR/USD 1.2217 1.2466 1.2917 1.3166 1.3617 1.3866 1.4317
    GBP/USD 1.4277 1.4478 1.4711 1.4912 1.5145 1.5346 1.5579
    USD/JPY 83.26 85.93 88.55 91.22 93.84 96.51 99.13
    EUR/JPY 114.66 116.44 119.15 120.93 123.64 125.42 128.13

    Woodie’s Pivot Points
    Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
    EUR/USD 1.2517 1.3019 1.3217 1.3719 1.3917
    GBP/USD 1.4478 1.4711 1.4912 1.5145 1.5346
    USD/JPY 85.93 88.55 91.22 93.84 96.51
    EUR/JPY 116.44 119.15 120.93 123.64 125.42

    Camarilla Pivot Points
    Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
    EUR/USD 1.2984 1.3177 1.3241 1.3305 1.3433 1.3497 1.3562 1.3754
    GBP/USD 1.4705 1.4825 1.4864 1.4904 1.4984 1.5024 1.5063 1.5183
    USD/JPY 88.26 89.72 90.20 90.69 91.65 92.14 92.62 94.08
    EUR/JPY 119.40 120.64 121.05 121.46 122.28 122.69 123.10 124.34

    Fibonacci Retracement Levels
    Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
    100.0% 1.3414 1.5113 93.89 122.70
    61.8% 1.3147 1.4947 91.87 120.98
    50.0% 1.3064 1.4896 91.25 120.46
    38.2% 1.2981 1.4845 90.62 119.93
    23.6% 1.2879 1.4781 89.85 119.27
    0.0% 1.2714 1.4679 88.60 118.21
    Posted on Forex blog.
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  • EUR/USD Keeps Positions After Enourmous Growth Yesterday

    EUR/USD continues to keep its position on the Forex market today after gaining 2.5% yesterday. The macroeconomics continued to hurt the U.S. markets and the dollar today, showing some really bad reports. EUR/USD is currently posting a moderate advance and is trading near 1.3395.

    PPI decreased faster than the traders expected, losing 2.2% in November after posting -2.8% value in October. The median forecast for today’s report was at -2%.

    Retail sales fell by 1.8% last month — slower than in October (-2.8%) and the forecast drop (-2%), but still a pretty bad result for the U.S. retail sector of the economy.

    Business inventories declined by 0.4% in October following a September change by -0.6% (revised down from -0.2%) — below the forecast value (also -0.2%).

    Posted on Forex blog.
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