Forex Trading Pros: March 2017

Monday, 27 March 2017

Forex Strategy - USD/JPY (Dollar to Japanese Yen) Week Forecast

Flight to safety buying is helping to drive down the USD/JPY early Monday. Investors are reacting to lower equity prices in the U.S., a weaker dollar and lower Treasury yields.

Investors are reducing their risk exposure in higher risk assets due to doubts over President Trump’s ability to push through his economic policy plans in a timely manner after his defeat on Friday over his health care reform.

Wednesday, 22 March 2017

Forex Trading

The EUR/USD Forex is trading lower at the mid-session but inside yesterday’s range. This typically indicates investor indecision and more volatility.

The main trend is up according to the daily swing chart. A trade through 1.0819 will signal a resumption of the uptrend. This could fuel a rally into the December 8, 2016 main top at 1.0872. A trade through 1.0718 will turn the main trend to down.

If 1.0718 fails as support then look for a further break into the retracement zone at 1.0700 to 1.0660.

Overcoming the steep uptrending angle at 1.0798 will put the EUR/USD in a very bullish position.

Happy Forex trading

Monday, 20 March 2017

Top ZuluTrade Forex Traders

Forex Trading

The main trend is up according to the daily swing chart. A trade through 1.0782 will negate the closing price reversal top and signal a resumption of the uptrend. This could create enough upside momentum to challenge the February 2 main top at 1.0828.

A trade through 1.0726 will confirm the closing price reversal top. This could trigger the start of a 2 to 3 day correction. It may not lead to a change in trend, but it may just indicate that the selling is greater than the buying at current price levels. Happy Currency Trading

Thursday, 2 March 2017

Forex Trading

I have been using Zulu Trade over 5 years now. The online trading strategies work very well. You need to watch your risk level, but can make 10% monthly. I follow the top Zulu Traders, and balance out the currencies they trade. You don’t want to have all your Zulu Traders trading the same Forex currencies.

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Risk Disclosures

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Signing up is totally free, and there is NO contract and NO monthly fees, ever.

Trading and investment in Binary Options is highly speculative, involves an extreme degree of risk and is generally appropriate only for persons who can assume risk of loss of their entire investment. When trading Binary Options as with any financial assets, there is a possibility that you may sustain a partial or total loss of your investment funds when trading. As a result, you are expressly cautioned that you should never invest or trade with money that you cannot afford to lose. Binary options trading with ZuluTrade is not available in the U.S. or to any U.S. residents.

Forex and Binary Options trading involve a real risk of loss. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss. Past performance is not indicative of future results.