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USD hits 14 years low vs GBP

Friday, December 1st, 2006

Based on Reuters (Dec 1 2006) - The dollar hit a 14-year low against sterling and a 20-month trough versus the euro on Friday after weak U.S. data reinforced expectations the Federal Reserve might cut interest rates next year.

top gbp position

Chart graph for GBP/USD since 1992 to 2006

On GBP/USD chart could be try rollback the history in 1992, break postion over 2.000. The dollar fell as low as $1.9748 per pound (GBP), hitting its lowest for a second day since Sept. 1992 — just before the UK abandoned the European Exchange Rate Mechanism, the precursor to the euro. Investors are looking for sterling to rally to the elusive $2 level, last reached also in Sept. 1992.

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Mouteki Trading System Video

Tuesday, November 14th, 2006

Basicly Mouteki is a method of trading use by many trader with drawing only with 2 indicators, the first indacator is Trendline and the second just a Horisontal line, its look not complicate than anothers indicators tools.
The main point just put 2 point under trend line if price indicate going to lower position or put 2 point above trend line if price indicate going to high.

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EUR / USD Chart

Monday, November 6th, 2006

Chart EUR USD(M15)

15 Minutes EUR/USD Real Time Forex Chart

Chart EUR USD 1H

1 Hour EUR/USD Real Time Forex Chart

Chart USDCHF(M15)

Daily EUR/USD Real Time Forex Chart

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Named Victora Secret - Forex Trick

Sunday, October 22nd, 2006

I got some good article about little forex trick, its named Victoria Secret, one of article forex blog in Richie Forex Blog , wrote that Victoria Secret is a trick to take profit on top of bullish market. Some good pairs, to apply this trick are EUR/USD and GBP/USD. This trader said, after experiment start on 2005 until now, he got many fail but alot of glory.

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