Wednesday, December 03, 2008
GBP/JPY Daily OutlookDaily Pivots: (S1) 137.07; (P) 138.98; (R1) 140.87; MoreIntraday
outlook in GBP/JPY remains on the downside with 141.62 minor resistance
intact. Further decline is still expected to 200% projection of 215.87
to 184.47 from 197.42 at 134.62 next. On the upside, above 141.62 will
turn intraday outlook neutral first but recovery should be limited
below 148.57 resistance and bring... [read more]
posted by fxgenguide,
in offers, orders, pro account, profit
@ 9:53 PM,
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Monday, September 08, 2008
Friday, August 15, 2008
The foreign exchange (FOREX) market is the purchase or sale of a currency against sale or purchase of another. The object in Forex is to exchange one currency for another in the expectation that the price will change so that the currency you bought will increase in value compared to the one you sold. Through Forex education and training it is possible to speculate the direction of the market and... [read more]
Friday, August 15, 2008
Some of the forex trading rules can be learnt along the way, such as price limits but the most basic ones required of a new trader are outlined below. They should help you maneuver successfully in the Forex.Don’t Over Leverage Your Portfolio. One good thing about leverage is that it can generate good profits for you even if you don’t invest as much as the “big boys”. Keeping your leverage low is... [read more]
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