European Forex Market Session August 5th 2008

Good morning and welcome to another trading session. Oil News: Crude is dropping not at the rate of Bear Stearns but close to it. Oil is right now dropping another $1.33 down to $120.08. Outgoing Asian Market News: AUSTRALIAN BANK RATE NEWS!!! As of right now, we just got word that the Reserve Bank of [...]

Asian Market Session: August 5th 2008

Another busy trading day! well not for the news, so maybe you could do some wonderful trend trading today with your EMA’s and SMA’s and figure out some good plots! Maybe if you have the Forex Funnel, you could let the software plot the trends and even make the trades!!! Check this out for more [...]

Forex Market Session July 24th 2008

Good morning and welcome to another busy, fun filled day in the Forex Markets! Europe has a ton of news today and yes, about 80% of the news will be Purchasing Managers Indexes. Look for Purchasing Managers Indexes, both on the Service and Manufacturing End From France around 800 GMT, then 30 minutes later in [...]

US Market Open: 7/3/08 GoForexTrade.com

Good morning! Ready for one Heck of a trading day? We have a GREAT news lineup for you today. Jobs report is due out today, and I know everybody is excited, rather for the menage a duo of the jobs report and ECB’s Interest Rate. And for our fellow US traders, tomorrow is independence day, [...]

Europe Market Open: 7/3/08 GoForexTrade.com

Good morning my fellow european traders and once again good afternoon and evening to those trading the asian session! We only had a few reports from the asian session to tell, but we can also mention that oil has gone up over $144 per barrel for the New York Mercantile Exchange. In Australia, The Purchasing [...]

Asian Market Open: 7/3/08 GoForexTrade.com

Good morning/afternoon/evening/night! How is the world of currency trading treating you so far today? Making some serious pips in the wonderfully volatile market that we have been experiencing? Cool! Now let’s get to the news, shall we? Well, first, let’s get some wordage from Mishkin and Paulson, who both had podium pieces earlier today: FOMC [...]

US Midday: 6/23/08 GoForexTrade.com

Good afternoon, evening, and morning wherever you are! Red News for Europe: WHOAH! Am I seeing things, or did the Euro just take a serious ass kicking? Every single news event for the european market, with the exception of German Services Purchasing Managers Index which did modestly ok, got their asses handed to them! Germany [...]

US Market Wrap Cap – Asian Session Open GoForexTrade.com

US Wrap Cap: Bernanke Speaks! Whoah! Yes, the almighty voice of Fed Chief Ben Bernanke has some currencies shaking in their boots today. When The Fed Chief spoke about not lowering interest rates, and declaring that the stimulus package and recent tax breaks for businesses will help shape the US economy into a better frame. [...]