Forex Crunches for the Weekend – October 23
After a busy week of high volatility before a possible turning point, it’s the weekend, and there’s time to relax, sit back, and read some forex related articles. Here are my picks from around the web. Enjoy:
- Larry Greenberg discusses price targeting in depth – an idea that Bernanke ruled out in Jackson Hole, but could become real soon.
- Kathy Lien maps the opinions of Fed members towards the crucial decision about QE2 – the theme that hurt the dollar in the past two months.
- Adam Kritzer dives into the correlation between Australia and China, and traders bet on China via Australia. We’ve see how China sent the AUD/USD down, and then up.
- Casey Stubbs writes about tools that help traders.
- Francesc Riverola provides quite a few interesting videos from the International Traders Conference. Boris Schlossberg is linked here.
- Michael Greenberg reviews another forex social network – betrade.
- James Chen teaches about correction projections – the second part is about initial target failure.
- Andriy provides an in-depth review of a forex e-book titled “Trade Your Way to Financial Freedom”.
- Jim Hunt shows that according to FXCM data, there’s a correlation between account size and profitability. And speaking about profitability, there’s one broker that really stands out of the crowd – with a positive profitability rate.
That’s it for now. Have a great weekend!
Have any recommended resources I should check out for long term forex articles? Let me know…
Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..
See what other traders are doing in real forex accounts. Check out Currensee. It's free..
Good morning, I am enjoying your site, more oil to your elbow.Though you give weekly probable director, I dont know how to apply it in real trading. Can you please help me how to apply it.
Your response will be highly appreciated.
Looking forward to hearing from you.
Thank you.