Free Live Forex Charts News
- When the Markets Go Crazy, We Need to Adjust Our Trading Wednesday, July 13, 2011 @ 4:49PMVolatility can be a boon; but it is can just as readily been a burden. When the impetus for activity is a round of unforeseen fundamental tidal waves without a consistent impact on the market; then trading can quickly turn into a crap shoot rather than the cold and calculated probabilities game that we try to make it as traders. This past 48 hours has been exceptional for volatility; and the ...
http://biz.yahoo.com/fxcm/110713/1253775756.html?.v=1
- NZD/USD: Trading the New Zealand 1Q GDP Report Tuesday, July 12, 2011 @ 2:03PMNew Zealand s 1Q GDP report is expected to show another 0.3% expansion in the growth rate, and the rise in GDP should spark a bullish
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/07/12/NZDUSD_Trading_the_New_Zealand_1Q_GDP_Report.html
- How to Trade a Breakout Strategy on the EURUSD Tuesday, July 12, 2011 @ 9:48AMOne day, there is a bailout for Greece. Another day is a Moody’s downgrade of Portugal’s debt. Now, Italy’s outlook is be ing ques tioned as the potential defaults of Greece and Portugal could ripple into the 3 rd largest E uropean Union economy (Italy) and stress their finances .
http://www.dailyfx.com/forex/education/trading_tips/trend_of_the_day/2011/07/12/How_to_Trade_a_Breakout_Strategy_on_the_EURUSD.html
- CAD/JPY Price Moves to Support at 81.20 Tuesday, July 12, 2011 @ 6:48AMThe CAD/JPY pair has been trending lower with its April 8 th high firmly in place at 89.51. Since this point the pair has trended 852 pips lower as of today’s price action.
http://www.dailyfx.com/forex/education/trading_tips/chart_of_the_day/2011/07/12/CAD.JPY_Price_Moves_to_Support_at_81.20.html
- Stick with a Trade in a Strong Trend Thursday, July 7, 2011 @ 5:03PMAn excellent question was posed in today’s LIVE webinar session regarding the Strong/Weak Analysis. (For those of you not familiar with how to go about doing a Strong/Weak currency analysis and the merits of doing so, click HERE for additional information.)
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/07/07/Stick_with_a_Trade_in_a_Strong_Trend.html
- The CCI MoMo Trade Wednesday, July 6, 2011 @ 8:48PMOne of the most common questions that we receive as Trading Educators is: “What indicator should I use?” Many traders are under the belief that the secret to profits lies in the indicators used. Don’t worry – I also harbored that belief when I first found this beautiful art of speculation.
http://www.dailyfx.com/forex/education/trading_tips/trend_of_the_day/2011/07/06/The_CCI_MoMo_Trade.html
- How To Scale Out of a Trade Wednesday, July 6, 2011 @ 4:48PMDuring a recent LIVE webinar session, a question came in about how to “scale” out of a position after having entered the trade with multiple lots. (Scaling out of a position is closing out part of a multiple lot trade as certain levels of profitability are achieved.)
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/07/06/How_To_Scale_Out_of_a_Trade.html
- Long Wicks Have a Story to Tell Wednesday, June 29, 2011 @ 5:33PMWhen we are looking at price action on a candlestick chart in our live webinars, long wicked candles can definitely provide some insight as to price movement on the pair .
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/06/29/Long_Wicks_Have_a_Story_to_Tell.html
- EUR/USD: Trading the U.S. Consumer Confidence Report Monday, June 27, 2011 @ 4:48PMThe Conference Board s consumer confidence index is expected to rebound from a six-month low in June, and the improvement in household sentiment could spark a
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/06/27/EURUSD_Trading_the_U.S._Consumer_Confidence_Report.html
- Greek Vote on Tuesday Highlights an Otherwise Relatively Quiet Week Friday, June 24, 2011 @ 5:18PMWhile there is a slew of data due from the G-7 economies, little attention will be paid to anything before Tuesday’s vote in the Greek parliament on the proposed austerity measures, which is the lynchpin for further support by the European Troika.
http://www.dailyfx.com/forex/fundamental/article/5_key_events/2011/06/24/Top_5_Greek_Vote_on_Tuesday_Highlights_an_Otherwise_Relatively_Quiet_Week.html
- In Trading, The Best Offense Can Be A Good Defense Thursday, June 23, 2011 @ 9:03PMOver the past 2 Chart of the Day articles, we’ve examined the position I took on GBP/CAD. I was fortunate to have some pretty immediate run in my direction, allowing me to move my stop to breakeven to remove my initial risk from the table.
http://www.dailyfx.com/forex/education/trading_tips/chart_of_the_day/2011/06/23/In_Trading_A_Good_Offense.html
- Silver Consolidates - How to play the break Monday, June 20, 2011 @ 7:33AMSilver (XAG/USD) is remembered this year for its parabolic run up to its $49.78 ozt high on April 25 th of this year. Also to be recalled is the metals rapid decline of over 30% from this high in less than two weeks of trading. Currently Silver is testing long term support near $35.30 ozt.
http://www.dailyfx.com/forex/education/trading_tips/chart_of_the_day/2011/06/20/Silver.06.20.html
- How to Create a "Trading Edge": Know the Strong and the Weak Currencies Tuesday, June 14, 2011 @ 9:48PMIn our live Trading Webinars we often refer to finding out which currencies are the strongest and which are the weakest. By making that determination we can pair the currencies so that we have a strong versus a weak or a weak versus a strong.
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/06/15/How_to_Create_a_Trading_Edge_Know_the_Strong_and_the_Weak_Currencies.html
- GBP/USD: Trading the U.K. Jobless Claims Report Monday, June 13, 2011 @ 4:33PMClaims for unemployment benefits are forecasted to increase another 6.5K in May following the 12.4K expansion in the previous month, and the ongoing weakness within
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/06/13/GBPUSD_Trading_the_U.K._Jobless_Claims_Report.html
- Inflationary Pressures to be Revealed Across the Globe in Week Ahead Friday, June 10, 2011 @ 3:33PMThe last two weeks have spurred increased volatility across the currency markets, amid disappointing data out of the United Kingdom and the United States, coupled with some less-than-encouraging statements made after key rate decisions that sparked a shift in risk-aversion across the board once more.
http://www.dailyfx.com/forex/fundamental/article/5_key_events/2011/06/10/inflationary_pressures_across_globe_to_be_revealed_this_week_top_five_events.html
- How Likely Is It That My Trade Will Hit Its Limit? Wednesday, June 8, 2011 @ 5:03PMIn one of our live webinars the following question came in: “How do you figure out the probability of your trade hitting its limit?” First off, as is the case with many aspects of trading, there is no absolute answer.
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/06/08/How_Likely_Is_It_That_My_Trade_Will_Hit_Its_Limit.html
- Manually Trailing a Stop Tuesday, June 7, 2011 @ 5:48PMIn the Live Trading Room Webinars over the last few weeks, we have had several sessions on how to employ Trailing Stops in trading. Here is a visual recap of what was covered…
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/06/07/Manually_Trailing_a_Stop.html
- IG Markets Singapore -- The Country’s First iPhone App with Direct Market Access Share CFDs Tuesday, May 31, 2011 @ 4:00PMContract for Difference (CFD) trading company, IG Markets, has released a new iPhone app update, offering Direct Market Access (DMA) share CFD trading from clients’ iPhones.
http://news.yahoo.com/s/prweb/20110531/bs_prweb/prweb8505009_2
- AUD/USD: Trading Australia’s 1Q GDP Report Tuesday, May 31, 2011 @ 3:03PMEconomic activity in Australia is expected to contract 1.1% in the first-quarter following the slew of natural disasters from earlier this year, and a dismal
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/31/AUDUSD_Trading_Australias_1Q_GDP_Report.html
- Growth Data Next Week Comes Ahead of Key Rate Decisions Friday, May 27, 2011 @ 3:48PMThe week ahead has an intriguing mix of data on the docket, with key growth releases on the docket for Australia and Canada. The United
http://www.dailyfx.com/forex/fundamental/article/5_key_events/2011/05/27/Growth_Data_Next_Week_Comes_Ahead_of_Key_Rate_Decisions.html
- Arriving at a Risk/Reward Ratio Friday, May 27, 2011 @ 3:33PMIn our live Trading Room Webinars on the principles of Money Management, we often receive questions on one of its key tenets…a 1:2 Risk Reward Ratio. Keep in mind that a Risk Reward Ratio is nothing more than where a trader places their stop and limit relative to their entry.
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/05/27/Arriving_at_a_Risk_Reward_Ratio.html
- The Loonie Taps a Tune Thursday, May 26, 2011 @ 7:18AMI cut my teeth on trading in the stock market many years ago. During stock market sell offs, I would use relative strength to determine which stocks were relatively stronger.
http://www.dailyfx.com/forex/education/trading_tips/trend_of_the_day/2011/05/26/Loonie_Taps_a_Tune.html
- EUR/USD: Trading the U.S. Durable Goods Orders Report Tuesday, May 24, 2011 @ 3:03PMOrders for U.S. durable goods are expected to contract 2.5% in April and the decline in private sector consumption is likely to spur a bearish
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/24/EURUSD__Trading_the_U.S._Durable_Goods_Orders_Report.html
- USD/CAD: Trading the Canada Consumer Price Report Wednesday, May 18, 2011 @ 3:57PMThe headline reading for Canadian inflation is projected to increase at an annualized pace of 3.4% in April, which would mark the fastest pace of
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/18/USDCAD_Trading_the_Canada_Consumer_Price_Report.html
- EUR/USD: Trading the U.S. Consumer Price Report Thursday, May 12, 2011 @ 3:12PMConsumer prices in the world s largest economy is projected to expand at an annualized pace of 3.1% in April, which would be the fastest pace
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/12/EURUSD_Trading_the_U.S._Consumer_Price_Report.html
- Guest Commentary: Does Trading Forex Professionally Ruin Your Life? Or Improve Your Trading? Thursday, May 12, 2011 @ 12:12PMDoes Trading Forex Professionally Ruin Your Life? Or Improve Your Trading? Most forex traders don’t rely on trading as their sole source of income. They use it as an investment alongside their regular jobs. Are they missing out on turning professional? Or playing it safe?
http://www.dailyfx.com/forex/fundamental/article/guest_commentary/2011/05/12/Guest_Commentary_Does_Trading_Forex_Professionally_Ruin_Your_Life_Or_Improve_Your_Trading.html
- EUR/USD: Trading the U.S. Retail Sales Report Wednesday, May 11, 2011 @ 3:56PMHousehold consumption in the U.S. is expected to increase another 0.6% in April, and the ongoing expansion in private sector spending is likely to reinforce
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/11/EURUSD_Trading_the_U.S._Retail_Sales_Report.html
- GBP/USD: Trading the Bank of England Quarterly Inflation Report Monday, May 9, 2011 @ 4:26PMThe Bank of England is likely to retain a neutral tone in its quarterly inflation report as the recovery in the U.K. cools, and the
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/09/GBPUSD_Trading_the_Bank_of_England_Quarterly_Inflation_Report.html
- US Dollar at Potential Inflection Point vs EUR, GBP Friday, May 6, 2011 @ 11:00AMI made a lot of noise about the fact that the Euro SSI recently flipped to net-long for the first time since January, and indeed I think it may still be a major event. Yet SSI more recently flipped back to net-short, and it's unclear what will happen in the very short term. Through my live coverage I took a EURUSD short position from 1.45 with a stop above 1.4640, but the pair's failure to break ...
http://biz.yahoo.com/fxcm/110506/1354145461.html?.v=1
- EUR/USD: Trading the Advance 1Q U.S. GDP Report Wednesday, April 27, 2011 @ 4:11PMThe advanced 1Q GDP report is expected to show the world s largest economy growing at an annualized pace of 2.0% following the 3.1% expansion during
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/04/27/EURUSD_Trading_the_Advance_1Q_U.S._GDP_Report.html
- Personal Trading Style Monday, April 25, 2011 @ 9:26PMStudent's Question: Would you mind telling us your trading pattern. Do you trade through daily charts only? stop? etc. Could you also explain the best way to enter a trade that is identified on a daily chart.
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/04/26/My_Personal_Trading_Style.html
- US Dollar Index Plummets to Multi-Year Lows as Equities, Commodities Advance Friday, April 22, 2011 @ 2:41PMThis week saw broad based dollar weakness across the board with the dollar index dipping to lows not seen since August of 2008. Weighing on the greenback are concerns over the Fed’s loose monetary policy coupled with rising national deficits.
http://www.dailyfx.com/forex/fundamental/us_dollar_index/usd_trading_today/2011/04/22/us_dollar_index_deficit_capitol_hill.html
- Could Major U.S. Data Releases Help Breathe Life into a Collapsing Dollar? Friday, April 22, 2011 @ 12:41PMThe coming week will be particularly important for the world’s largest economy, with three significant events on the docket for the United States.
http://biz.yahoo.com/fxcm/110422/932945411.html?.v=3
- Speculative Sentiment Index Steers Forex Traders through Stormy Euro Trading: DailyFX Research Wednesday, April 13, 2011 @ 10:17AMNEW YORK--(BUSINESS WIRE)--Looking purely at the fundamentals, one would have expected the EUR/USD to fall, but instead it rose. FXCM’s Speculative Sentiment Index (SSI) was consistently pointing to EUR/USD gains.
http://www.businesswire.com/news/home/20110413006146/en/Speculative-Sentiment-Index-Steers-Forex-Traders-Stormy
- Rising Prices in Focus with Inflation Data, Central Bank Decision Ahead Friday, April 8, 2011 @ 4:31PMFollowing the European Central Bank rate decision this past week, which marked the beginning of a shift back towards ‘normal’ monetary policies, it is clear that, given President Jean-Claude Trichet’s rhetoric, inflation was the driving factor behind the rate hike.
http://biz.yahoo.com/fxcm/110408/842554872.html?.v=1
- USD/CAD: Trading the Canadian Employment Report Thursday, April 7, 2011 @ 3:11PMEmployment in Canada is projected to increase another 28.0K in March after rising 15.1K in the month prior, and the ongoing expansion in the labor
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/04/07/USDCAD_Trading_the_Canadian_Employment_Report.html
- USD/CAD: Trading the Canadian Employment Report Thursday, April 7, 2011 @ 3:03PMEmployment in Canada is projected to increase another 28.0K in March after rising 15.1K in the month prior, and the ongoing expansion in the labor market is likely to spur a bullish reaction in the Canadian dollar as the outlook for growth and inflation improves.
http://biz.yahoo.com/fxcm/110407/1529555810.html?.v=1
- Longer-Term Fundamentals and Yield Differentials Continue to Drive Markets Wednesday, April 6, 2011 @ 1:26AMCurrencies once again unsurprisingly remain very well bid on dips, with the market continuing to ignore short-term negative fundamentals and intent on driving into favorable yield differentials.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/opening_comment/2011/04/06/Longer_Term_Fundamentals.html
- Longer-Term Fundamentals and Yield Differentials Continue to Drive Markets Wednesday, April 6, 2011 @ 1:19AMThe notable divergence between short-term fundamentals and price action is somewhat unsettling, with currencies remaining well bid despite softer economic data and contagion fears…
http://biz.yahoo.com/fxcm/110406/1239851163.html?.v=1
- AUD/USD: Trading the Reserve Bank of Australia Interest Rate Decision Monday, April 4, 2011 @ 3:12PMThe Reserve Bank of Australia is widely expected to hold the benchmark interest rate at 4.75% in April, but the policy statement accompanying the rate
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/04/04/AUDUSD_Trading_the_Reserve_Bank_of_Australia_Interest_Rate_Decision.html
- AUD/USD: Trading the Reserve Bank of Australia Interest Rate Decision Monday, April 4, 2011 @ 3:07PMThe Reserve Bank of Australia is widely expected to hold the benchmark interest rate at 4.75% in April, but the policy statement accompanying the rate decision is likely to spur increased volatility in the exchange rate as investors weigh the outlook for future policy.
http://biz.yahoo.com/fxcm/110404/905446599.html?.v=1
- The Closing of the Daily Candle Thursday, March 31, 2011 @ 9:26PMStudent's Question: I have a question about the daily candlestick. I always wonder what time exactly the candlestick will complete on the daily chart? It would be different from the candlestick shown in those traders' chart from different time zone, wouldn't it?
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/04/01/The_Closing_of_the_Daily_Candle.html
- EUR/USD: Trading the U.S. Non-Farm Payrolls Report Thursday, March 31, 2011 @ 4:12PMEmployment in the world s largest economy is expected to increase another 190K in March following the 192K expansion in the previous month, and the ongoing
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/03/31/EURUSD_Trading_the_U.S._Non-Farm_Payrolls_Report.html
- EUR/USD: Trading the U.S. Non-Farm Payrolls Report Thursday, March 31, 2011 @ 3:56PMEmployment in the world’s largest economy is expected to increase another 190K in March following the 192K expansion in the previous month, and the ongoing improvement in the labor market could spark increased demands for the U.S. dollar as the recovery gathers pace.
http://biz.yahoo.com/fxcm/110331/1804959246.html?.v=1
- Commentary by Central Bank Policymakers Could Overshadow Data Next Week Friday, March 25, 2011 @ 4:12PMThe flow of data next week is particularly heavy, as it marks the end of March and the beginning of April, meaning growth figures will be released from major economies, as well as labor market data from the U.S. However, following the European Union Summit, the markets will be looking towards commentary by central bank policymakers around the globe to figure out how to wind down stimulus ...
http://www.dailyfx.com/forex/fundamental/article/5_key_events/2011/03/25/Commentary_by_Central_Bank_Policymakers_Could_Overshadow_Data_Next_Week.html
- Commentary by Central Bank Policymakers Could Overshadow Data Next Week Friday, March 25, 2011 @ 4:06PMThe flow of data next week is particularly heavy, as it marks the end of March and the beginning of April, meaning growth figures will be released from major economies, as well as labor market data from the U.S.
http://biz.yahoo.com/fxcm/110325/917464962.html?.v=1
- EUR/USD: Trading the U.S. Durable Goods Orders Report Wednesday, March 23, 2011 @ 3:12PMOrders for U.S. durable goods are expected to increase another 1.2% in February following the 2.7% expansion in the previous month, and the ongoing improvement
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/03/23/EURUSD_Trading_the_U.S._Durable_Goods_Orders_Report.html
- EUR/USD: Trading the U.S. Durable Goods Orders Report Wednesday, March 23, 2011 @ 2:53PMOrders for U.S. durable goods are expected to increase another 1.2% in February following the 2.7% expansion in the previous month, and the ongoing improvement in private sector consumption could spark a bullish reaction in the dollar as it remains one of the leading drivers of growth.
http://biz.yahoo.com/fxcm/110323/1182098528.html?.v=1
- Return to Sender Wednesday, March 16, 2011 @ 8:41PMFor those traders who were able to get in and profit from the strong move in the USDJPY, congratulations! Capturing a strong move like that can be very rewarding. If you missed the move earlier today, the market may be setting up another opportunity to sell the pair.
http://www.dailyfx.com/forex/education/trading_tips/trend_of_the_day/2011/03/17/Return_to_Sender_Point_of_Breakout.html
- Return to Sender Wednesday, March 16, 2011 @ 8:30PMLike a thief returning to the scene of the crime, many times, prices return to that point of breakout.
http://biz.yahoo.com/fxcm/110316/2110226671.html?.v=1