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USD/CHF intraday: under pressure - Update Nov 30, 2011

Tuesday, May 22nd, 2012

USD/CHF intraday: under pressure.
Pivot Chart: 0.9235
Our preference: Short positions below 0.9235 with targets @ 0.9125 & 0.91 in extension.
Alternative scenario: Above 0.9235 look for further upside with 0.926 & 0.929 as targets.
Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.

How Learn Intraday Trading Forex Market

Monday, December 13th, 2010

Intraday Trading Forex Market

A forex trading strategy must usually comprise of two main components – technical analysis and fundamental analysis. The technical s?de is looking at t?e charts and using mathematics to reflect the movement of th? market and t?e fundamental side requires knowing about important market-influencing economic news and announcements.

So let’s talk about fundamental analysis in your forex trading strategy. Every day, figures are released which are designed to reflect certain economic circumstances of a country. Some of these announcements for example “Non-Farm Payrolls” will almost certainly have an unpredictable affect o? the market depending on previous d?ta and implications of the figures released. A hard, fast rule for beginners trading (and veterans) is to stay out of the market during important announcements. You can fi?d out where to get these by taking one of ou? courses. Via

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