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RBA Hikes Interest Rate
May 4, 2010Risk aversion rules forex market, though The Reserve Bank of Australia hiked its interest rate again, continuing its aggressive attempts to stem the tide of inflation. Australia’s economy gets regular boosts from China, though, and with China trying to slow things down, the RBA may put further hikes on hold. Normally, such a move would [...]
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Creating a Trading Plan
March 8, 2010A trading plan is a must. I would be will to bet that virtually all successful traders have one. However, most new traders have no plan. In fact, I bet most new traders barely even have actual reasons for entering a trade. Creating a Trading Plan Creating a trading plan is actually relatively easy. There [...]
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Online traders challenged to test how they rate against the worlds best
February 8, 2010social networking to connect contestants in a unique way A worldwide online trading contest that started Sunday, Feb. 7, set new benchmarks for the extent of cash and other prizes offered, and linking traders globally through social networking, as well as
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Is It Time to Buy the Euro?
February 2, 2010Is the euro ready to turnaround in forex trading? Today, the euro is showing some fight, struggling its way toward 1.4000 in forex trading. That level still remains a ceiling, but the euro is doggedly headed toward getting through it. However, there are a number of issues standing in the way, since there are reasons [...]
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Does Your Forex Trading Plan Encourage You To Overtrade?
August 27, 2008Welcome Ryan, the author of this Forex Project guest post. Ryan trades from a quiet country lake house and helps traders through his blog at http://www.ryanokeefe.com. Does your trading plan encourage you to over trade? Recently I started a survey on my website asking traders to answer this question: ‘