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Yen sinks on... good news.
Japan's Central Bank on Friday upgraded its assessment of the world's second-largest economy, saying that recession may be easing. The BoJ's policy board voted to leave its overnight call rate at 0.1 percent, a move tha… -
Gold standard talk.
Ever since China brought up the subject of new reserve currency, there has been a lot of talk about returning to gold standard. Even some countries officially supported the idea, like Russia. I have not paid much attenti… -
Long term Forex charts, GBP-CHF.
Some time has gone by since I posted a trade in GBP-CHF. Early this year I was very active in this pair, especially in January when some trades were taken using long term charts. This activity was covered in number of po… -
More jobs lost.
The Labor Department released figures for initial claims for unemployment compensation. They are as uninspiring as ever and rose to a seasonally adjusted 640,000, up from a revised 613,000 the previous week. In another… -
More economic deterioration.
Earlier in the year, when Boeing announced a trim in payroll, my "source" within the company(he,he,) told me to expect more by summer, because they will not be able to deliver all ordered planes. At that time Boeing deni… -
Trading Forex without (much) leverage.
There are a lot myths about how much money can be made trading currencies. Some promoters of trading systems and other products claim truly fantastic returns. Just few days ago this is a google add that popped up on my c… -
Money pit.
The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company with another $30 billion in taxpayer money on an "as needed" basis. The ne… -
More on Candlesticks and Forex.
By some accounts there are over 700 candlestick patters, by others over 3000. Surely, very few people would ever had the need to learn them all. Serious practitioners of this charting technique try to assign both name an… -
Candlesticks and Forex.
One of my valued readers sent me an email today, regarding my thoughts on using Candlestick charting in Forex trading. As you might have noticed I use candle exclusively in my trading, so this must be the reason why he a… -
Furious trading.
Week came to an end with furious trading. Well, I was out of most positions mentioned late Thursday night my time, but remained active until about 2 hours ago with positions an smaller order of magnitude charts. Before …
FXhusar
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- Name: Mike
- Gender: Male
- Member Since: 10/15/2006
Recent Weblogs
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China summit
Interesting news from China today. On the eve of U... -
Rating risk.
British pound came under pressure last night, aft... -
Kiwi.
Currencies had an interesting opening to trading w...
