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Hello Forex Fans!

I just received another short signal on UJ on a shorter time frame chart, so hold on to your trade, its looking good so far.

I also currently have short signals for EJ and GJ. They should short to there previous lows from this week.

Read the full post of Humpty Dumpty’s Corner - USD/JPY Strategy

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Here we are continuing our No Bullshit Forex Curriculum with our first indicator, MACD (Moving Average Convergence/ Divergence) to be added to our demo platform, Meta Trader 4.

In actual fact, there are tonnes of MACD tutorials out there which we will be referencing to later if you still do not understand it after this tutorial.

Read the full post of Adding MACD to Meta Trader 4 and how it works

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Hello Forex Fans!

Ok, the system has a ton of signals tonight and there all USD negative.

Some of the stronger ones would be the GBP/USD, AUD/USD, NZD/USD and the EUR/USD. Any of these pairs long are on my signal list tonight, so take your pick.

Read the full post of Humpty Dumpty’s Corner - Trade #2 The USD

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Here’s a little quick overview of what I usually do for my daily forex analysis exercise since there won’t be any signals out for today.

1. Check On Any News Release

I’ll hop onto Forexfactory to look at any economic news release on today’s calendar. Make sure that you have the timezone set accordingly to the one you are using.

Read the full post of Jude’s Daily Forex Routine

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Hello Forex Fans!

This is more of a longer term trade, but it could come quicker than we think.  Most trades wont be long term trades like this but for you guys that like to set it and forget it, here’s some numbers for a limit order.
USD/JPY  Short @ 118.25

TP @ 115.00

SL @ 119.50

Read the full post of Humpty Dumpty’s Corner - Trade #1 USD/JPY

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Hello Forex Fans!

A few weeks ago I meantioned a system I was working on.  That system is now completed.  Ive given two signals with it here.  One was a nice winner, one would have been if there was a better entry or longer stop loss.

Read the full post of Humpty Dumpty’s Corner - The New System is Completed!

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The greenback fell across the board as US housing concerns remains a big problem and it may spread into the broader economy. The euro touched the 1.3850 resistance level versus the dollar before easing back to around 1.3820. The sterling climbed to a fresh 26-year high at 2.0652 against the dollar and then retraced back to 2.0610.

Read the full post of Greenback Fell on Housing Fears

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There is an increasing threat that speculative inflows into Sterling will not be supported by the fundamental position which would risk a very sharp Sterling correction weaker.

Sterling pushed to highs just above the 2.06 level against the dollar in early Europe on Monday before consolidating close to 2.0575 later in US trading. The UK currency strengthened to 0.6705 against the Euro as sentiment remained strong and the currency pushed stronger again in Asian trading on Tuesday with a move above the 2.06 level against the dollar.

Read the full post of Sterling Doubts Will Increase

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Hello Forex Fans,

Well, its a crying shame I didnt make the stop loss of my last call a little higher. A/N turned as I anticipated and fell like a rock. Oh well, we’ll get em next time.

My new system has been doing fairly well. I have a few others doing trades with it also and it is showing nice resaults.

Read the full post of Humpty Dumpty’s Corner - NZD/USD, July 23d

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With UK retail sales figures coming out today and expected to decline we could see the cable coming off it’s highs of late. I won’t open a position till the direction is clear again.

Happy trading

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