Category Archive: 4.) Forex Live

Defining and Limiting your Risk. Why is it so important in your trading?

I talk a lot about defining and limiting risk in trading. Why is it so important. Watch this video and find out the importance.

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How to trade the Trump White House right now

Way too many people have the Trump trade backwards, they’re focused on the wrong thing. Adam Button talks about what matters to the market and how to trade the US dollar in the first weeks of the Trump Presidency.

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Plan the trade: A technical look at the EURUSD for the trading week ahead

Non- trending transitions to trending The EURUSD traded in a 117 pip range in the last week. That represents the most narrow trading week going back to December 21, 2014. When ranges are narrow, the market is unsure of the direction it wants to go. That will logjam is eventually broken – one way or …

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Forex Technical Analysis: 5 currencies in 5 minutes

Some key levels in the major currency pairs are broken today There were some key levels broken (or held) in some of the major currencies pairs in trading today. Knowing what they are and why they are important is helpful for your trading as they help define bullish or bearish bias as well as risk. … Continue reading...

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Levels in play through Australia’s CPI

Technical levels in play through the Australia’s 4Q CPI.

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Forex trading video: The alternative facts in your forex trading

…and how to sift through them The phrase “alternative facts” are the latest and greatest buzz words thanks to Pres. Trumps counselor, Kellyanne Conway. The phrase is misleading in certain situations. How can there be alternative facts with regard to crowd size or something that is fairly obvious from a visual observation (or even factual …

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A look at the EURUSD as it tests the retracement target and stalls

The EURUSD has moved sharply higher but over the last few hours has stalled against a key resistance area. After a big daily move, it becomes harder for a currency pair to extend higher – at least on the day. Traders who rode the trend are happy to take profit. If profit taking can be … Continue...

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A technical look at the EURUSD for the week starting Jan 16th

The EURUSD closed the week about 120 pips higher. The low bottomed near the low from 2015 at 1.0462. That was a good bottom for buyers. The topside was contained by retracement resistance. So although bullish for the week, there is some work to do to convince the market that this is nothing bur a … Continue...

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Drilling down into your forex trade

What does is the technical pictures say about the GBPUSDs story. The GBPUSD has moved higher over the last two days, but the ride has been up and down. Nevertheless, the technical pictures tell a story about that price action. That story follow a few chapters. The first chapter is from the perspective of the … Continue reading...

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Forex technical analysis: AUDUSD making a break to the upside

Moves above 200 bar MA on 4-hour chart The AUDUSD is making a break above the 200 bar MA on the 4-hour chart. That MA held on Thursday and Friday last week. When you see a pattern develop that is then debunked, it says something is up. Can the momentum continue? If you like this … Continue reading »

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What to look for on a technical break in your forex trading

What to look for in breaks and what to look for in failed breaks. The GBPJPY is making a bearish break today. Not only have we made a break below a prior resistance/support line but also below the 200 day MA. The question traders need to ask now is “Will the break keep the momentum … Continue reading...

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When your forex trading risk is really low, reward does not really matter

Risk a little to make more than a little… There are times when a forex technical level is important enough to just focus on the risk, and forget about the reward. In other words, if you trade at a key level where risk is only 5 pips, you only have to see the market move … Continue reading...

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VIDEO: USDJPY bangs against lower support as market prepares for US employment

January 5, 2017. US employment report up tomorrow The USDJPY has moved lower in trading today and tests a support area defined by some key swing levels going back two years ago. That area comes in between 115.96 and 116.09. Below that is the 61.8% of the move down from the 2015 high at the …

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Forex technical analysis: EURUSD higher but stalling at resistance

100 and 200 hour MAs, 38.2% and 2015 low keeping a lid on the pair The EURUSD is trading higher on the day but is running into resistance against MA, retracement and an old low from 2015. What needs to happen to turn the bias more bullish? Greg Michalowski of ForexLive takes a technical look … Continue...

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What’s next for gold after the Italian referendum

Adam Button from ForexLive speaks to Kitco about the outlook for gold and why the Italian referendum probably won’t matter.

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Adam Button at the London Stock Exchange

Adam Button from ForexLive talks about the outlook for currencies after Donald Trump won the US election. What to watch for from the US dollar and why the forex market was caught off guard.

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The finer points of trading forex on US election night

A minute-by-minute preview of how to trade the US election. Adam Button from ForexLive breaks down when results will be released and how to interpret them. Adam looks at the different outcomes and what to watch for and how to trade the US dollar and other markets in the aftermath.

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Forex trading can be like football. You win some. You lose some.

Sometimes risking a little more, works out for you too In the US, the college football season is getting underway on Saturday. Yippee. A comment from an Attacking Currency Trend trader reminded me of conversations I have had with my son, a college football coach. The comment was about a trade that got stopped out …

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BOC Governor Stephen Poloz gets testy on exports

Poloz is asked about weak non-commodity exports and gets defensive.

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Video of the purported Yemen attack on a Saudi oil facility

This video was originally posted to Facebook with the caption: By the grace of Allah, Just about an hour ago, a video from inside Najran city for #Aramco oil company burning by a Yemeni ballistic missile “Zelzal-3″, Friday 26-8-2016. The video shows a huge fire on the oil tanks .. Note the oil tanks at …

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