Browsing: Forex market

Analysis and Forecasts EUR/USD ahead of ECB June 5 2014

EUR/USD ahead of ECB June 5

Almost a month has passed since the last meeting of the ECB. May 8, the Forex market caught the Draghi comment: “ECB open to intervention in June if needed “, but as the famous quote goes: ” Buy the rumor, sell the fact “, and now it looks like a rumor and still not a promised fact, true or false we’ll see.

Forex market Trade like a pro strategy

Trade like a pro strategy

Have you ever though about the common saying – CUT YOUR LOSSES EARLY AND LET YOUR PROFITS RUN? I’m sure every trader knows it, however, not everyone follows. During the process of creating my strategy I was asking myself the question – why traders wait and keep losses run, but as soon as profit comes we fix it?

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