Over past few weeks several of central banks release their minutes and had some talks about economy and monetary policy. Including BoJ, BoE and FED. So let’s go through some of the key things mentioned there and how all this can affect markets.
Whoever traded the Australian dollar last week - had an intense week. At the beginning of the week, it was forecasted that the Aussie will rise above the $1.06 level – which would be a 10% increase since its lowest level in 2012. A much anticipated world economic recovery, with USA and China...
Over past few months yen lost quite much of its value. It was hammered down. Well that is what BoJ and Japan’s government wanted. At least that is what they always said that they wanted. So they should be happy about it.
But recently news started to pop that officials in Japan are actually...
As noticed couple of times, for last months, world was all over US and it’s problems. Gradually everyone forgot that just at the beginning of autumn, every single title on every single newspaper was something like “EUROZONE IS DEAD”. Markets switched to US.
During the second half of the year 2012, U.S. dollar, in comparison with other currencies held stronger positions, which was further strengthened by successful fiscal cliff negotiation ending. The last days of December caused great amount of financial and social unrest in the US and the rest of...
Yes I did. Was in action when writing. Sorry, will edit the post. Mistake made. There was a TL still holding the price at that moment and the main move of the week was still 'up'. One of the range templates was present. The position could be reversed but I couldn't find a decent (safe) place...
Will make some calls later. Not the best decision with silver today. Main move of the week has been changed and my 1% (usual risk) went from the account.
Hey everyone. This is going to be a place for clear bar charts. Will share my thoughts and ideas of trading method I use. It is based on different kind of chart patterns, statistical data and also range templates. MACD might be sometimes used to check for the 'must reach' targets.
All traders...