Forex Crunches for the Weekend – November 5


One of the busiest weeks of the year is behind us. The Greek referendum that came to light at the beginning of the week was called off before it ended. We had a rate cut in Europe, no QE3 in the US and an exciting Non-Farm Payrolls release as always.

The markets are now closed, and its time for some long term forex related reads. Here are my picks. Enjoy!

  • Neil Hume describes 5 steps to the financial crisis.
  • Jamie Coleman states that Greece is probably a goner, and that’s it’s time to worry about Italy and Spain. Worries about Italy are well expressed in long term but also in short term yields, which are skyrocketing.
  • Lior Cohen analyzes the recent rises in gold and silver.
  • Kathy Lien compares the situation in the euro-zone and in the US with leading indicators. There’s a clear winner.
  • Larry Greeneberg analyzes the first press conference by Mario Draghi and what it means for the future of the euro.
  • James Chen sees a long term downtrend for EUR/CHF.
  • Edward Harrison has a long timeline of the euro debt crisis.
  • FX Tech Strategy explains how to channel into forex profits. In addition, he is nominated for a reward. Please vote for him here.
  • Nathan Tucci explains why most automated systems never work.
  • Jay Norris discusses the switch to Asian hours. Should you switch your trading hours?
  • Francesc Riverola announces an enhancement of the charts on FXStreet. They now include 5 digits. Interesting move!
  • Michael Greenberg provides a very interesting analysis of the binary options industry. For daily and weekly setups, broker reviews and more, see BO Crunch.

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About Author

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.


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