Recent content by CharlesBakerfx

Until few weeks ago, the euro had a strong positive correlation with the US indices. This correlation is getting weaker and not I believe it vanished. The investors don't believe that the Eurpean debt problem will be solved soon and they run away from the Euro. Therefore, the currency will...

If you analyze the daily/weekly chart of the OIL prices, you will see that it rose over 25% on the last couple of times it fell to the $80. The embargo on the Iranian oil was the trigger for the current bullish momentum (although I believe it would have come anyways) and the target is $100...

The expectations for the lowering the European bid rate has pull the Euro down in the recent trading days. if the ECB actually declares on 0.75% instead of 1% the Euro will probably fall to the support at 1.24. However, the recent declines might have already reflected these expectations so there...

It is obvious that the ECB will keep the low interest rate in the foreseen future, so I don't see any ‎influence from this direction on the gold. The investors are concentrating on the ECB press ‎conference and trying to find information there. According to that, they base their decisions in the...

I read about many Excel functions that help you calculate risk management, pivot points and many other. What do you use? is it usefull? what functions whould you want to use that you don't have today? Thanks

Until few months ago the gold was rising no matter if the stock rose or fell. Before that, when the big crisis explode, investors found the gold as a safe bet and its price jumped each day the stocks fell. However, in the recent six month it seems that air started to came out from the babble and...

It looks like the US stock market has come to the end of the current bullish session and this going to support the USD against most of major currencies. The EUR, which has a positive correlation with the US indices, in my opinion, will break-down the support at 1.30 and slide under 1.30 in few...

I had the same problem you had. I worked in full time job and understood quite fast that it was impossible for me to track good trades and monitor the screens along the day. Therefore, I joined trading room that were very helpful and just like you looked for signal providers. I found some...

I found a very good article about stop & limit orders that may help you. How to place stop limit order and improve trading results Enjoy !