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Forex Crunches for the Weekend – May 14

Another exciting week is behind us.  Now the markets are closed and it’s time for some long term reading for the weekend. Here are my selections from favorite places on the web.

We’ve seen how the debt crisis in Europe rocks the whole world, but also got some encouraging signs. Europe is growing at a faster pace than expected, with the larger countries leading and the weaker ones weighing on the zone. This provides a lot of volatility.

  • Kathy Lien is interviewed on CNBC and discusses the hypothetical talk that AUD/USD will reach 1.70 in the long term.
  • Adam Kritzer asks if the forex markets are underpricing volatility.
  • Lior Cohen discusses the stabilization in gold and silver prices after the big collapse.
  • Michael Greenberg provides the highlights from the new regulatory body that will deal with forex in the US – the FDIC.
  • Francesc Riverola reports that FXStreet’s social network, ForexStreet.net continues growing rapidly. The involvement of big forex portals in social networks gives all of them a boost.
  • James Woolley asks if you should use multiple time frames when trading forex, and provides interesting answers.
  • Nathan Tucci, on Casey’s site, discusses why sometimes good trades lose.
  • Jay Norris dives into the topic of trading in “The Wrong Stuff”, something I’m sure you’ve encountered.
  • Andriy Moraru explains the usage of the candle wicks display indicator in both MT4 and MT5.

Here are recommended long term articles published in Forex Crunch this week:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.