Category Archive: 4.) Forex Live

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The five smartest words retail forex traders say

2016-08-24

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Greg Michalowski, Author Attacking Currency Trends. Director of Client Education and Technical Analysis at ForexLive.com. I am more of technical forex trader, but that bias comes with some important reasons, especially for retail traders. Fundamental analysis is important, but it does not do a good job with defining and limiting risk…especially when traders are wrong. …

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How to trade the August BOE interest rate decision

2016-08-03

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On August 4th, the BOE will announce there interest rate decision. The expectations is for a cut of 25 basis points to 0.25%. What do they say in the statement? Do they do more QE? Do they surprise and say they don’t have enough information yet? The pair has rallied over the last few days … Continue reading...

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The BOJ is about to go big

2016-07-28

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Preview of the Bank of Japan decision for July 28, 2016. This is a highly-anticipated central bank announcement and Adam Button from ForexLive breaks down what to watch out for and how to be ready for the BOJ.

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Federal Reserve preview for July 27 2016

2016-07-26

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What to expect from the July 27 Federal Reserve interest rate decision. Some trade ideas for the FOMC from Adam Button ahead of the 2 pm ET decision. What to look for from Janet Yellen and the Fed and what it will mean in the forex and stock market.

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Three trade ideas to end the week

2016-07-21

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A look at the EURUSD, AUDUSD and the USDJPY The EURUSD, the AUDUSD and the USDJPY are all trading around some technical levels that could set up some low risk trading opportunities. The EURUSD is trading in the most narrow trading range for a week since end of 2014 with one day to go. Will … Continue reading »

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Three ways Donald Trump could roil markets at the Republican National Convention

2016-07-19

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Adam Button looks at the potential impacts of Donald Trump at the 2016 Republican National Convention. What impacts will the RNC have in the foreign exchange market, stocks and for the economy. Donald Trump’s speech is the key point for the 2016 RNC but there are other drivers and things to watch as well. Visit …

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The technicals are talking to us in the EURUSD. What are they saying?

2016-07-15

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The EURUSD is trading in a narrow trading range on the daily and the hourly chart. What does that tell us about the pair and what we can expect in trading in the new future?

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Plan your trade: A look at the key levels for the EURUSD through US employment report

2016-07-07

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The June US employment report will be released tomorrow at 8:30 AM ET. The expectations are around 180K. The unemployment rate is expected to tick up to 4.8% from 4.7%. I don’t look to go into a high risk event with a position. There are better times to trade, but after the news is known, …

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Forex trading video: EURUSD falls below 200 day MA.What next?

2016-07-05

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The EURUSD has fallen below the 200 day MA in trading today. That is nothing new if you look at recent history. The price has been trading above and below the MA line as traders ponder “Which way next” for the pair… Now yesterday the MA did hold. Today…not so lucky. In fact, the correction …

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Forex technical analysis: USDJPY finishes a fairly quiet week near 100 hour MA

2016-07-01

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The USDJPY is finishing the trading week near the 100 hour MA at 102.56. The pair spent the last two trading days mostly between the 100 hour and 200 hour MAs. Those levels will define the close range in trading in the early week. Look for the break and run.

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EURUSD ends the week on a soft note. What’s in store for next week?

2016-07-01

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The EURUSD has moved a little lower in the last few hours of trading – holding against the 200 hour MA in the process. The 50% retracement level held earlier today. So the pair has a bit of a negative bias heading into the weekend For trading next week, the pair will be looking toward … Continue...

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Stay safe in your trading before the UK referendum vote. Key levels to lean against.

2016-06-17

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he UK referendum is upon us next week. Will the UK stay “In” or will they opt “Out”. In either case, traders will be nervous. Liquidity will likely be limited. Look for extremes BEFORE the event (that means at the beginning of the week – not and hour before the event!) Lean against them. IF …

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Does this remind you of your forex trading?

2016-06-17

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Having trouble pulling the trigger in your forex trading? Do you lunge at your forex trades with no rhyme or reason? Get help! Get a coach! The Attacking Currency Trends course will smooth your trading swing out. Do you want to hit it down the middle? For more information: https://forexlive.leadpages.co/act-four/ Or email Greg Michalowski at …

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Forex Education: If risk is too high, you could always go to the beach…

2016-06-13

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…or trade other pairs The action today in the GBPUSD was beyond words. Rumors about a BREXIT poll, led into a release which was reported incorrectly. The comedy of errors highlights the unscheduled event and liquidity risk that traders face in the market. What exactly is that? What can you do or cannot do to …

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Forex technical trading: Trade the GBPUSD with caution. What levels to eye.

2016-06-07

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There are some technical levels to lean against on the extremes as the traders prepare for the Brexit vote on June 23rd. The GBPUSD will be whipped around as a result of the upcoming Brexit vote. That requires caution in your trading. Nevertheless, there are some technical levels that the market is paying attention to …

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Forex technical trading: EURUSD moves higher after Yellen. What next?

2016-06-06

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Greg Michalowski of ForexLive.com gives his technical view after Yellens speech. What next for the pair?

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ForexLive forex trading video: A technical look at the EURUSD, GBPUSD and USDJPY

2016-06-03

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Non Farm Payroll and ISM were both much weaker than expectations. As a result, the dollar tumbled as the market takes out tightening expectations. Nevertheless, we must remain cognizant of risk levels and trade potential. In this video, Greg Michalowski, takes a step back and looks at the major currency pairs from a technical perspective …

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Forex Technical Trading: What levels are in play as forex traders prepare for US employment

2016-06-02

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The May US employment report will be released tomorrow. So traders are setting themselves up for that key event. In preparing to trade a key event it is important to understand the key technical levels in play and more importantly WHY. Greg Michalowski will spend a few minutes each on some of the major currency …

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Forex Trading Education: Trust in Marriage/Trust in Trading.

2016-06-02

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In this video, Greg Michalowski discusses how trust in marriage requires using tools.to help maintain that trust. In trading, we need to trust tools too. Sometimes that trust wavers. You lose your way, but often times, that trust is reestablished. It gets back in sync and the trust cycle continues.

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You have to trust your levels in forex trading

2016-05-25

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Greg Michalowski, Director of Client education and technical analysis for ForexLive, discusses how traders need to trust their technical levels to provide insight into the next market action. Sometimes it take a while to develop but if the level is important, it often shows the way.

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