All Blog Entries

As has happened so frequently as of late, pre-London offered us early direction on several pairs, along with a nice quick pullback to the scene of the crime then on it went. This happened on a few pairs but in this video I focus on the GBP/USD and GBP/JPY. Well as London was about to open up we were left closer to the end of the move than the beginning on a Monday. However, the moves had Not yet reached the support exactly, and just as London was opening we planned a continuation entry on both Cable and the GBP/JPY which we affectionately call the ‘Beast’ using primarily Fibonacci pullback levels. As you will see in the video, our planned entry did indeed work out well enough on both pairs to lock in break even, but that’s it and price slowly ...

Forex Trades 07/12 - US session
[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.257
[b]Stop[/b]: 1.261
[b]Resistances[/b]: 1.2725 - 1.265 - 1.261
[b]Supports[/b]: 1.2395 - 1.2485 - 1.255

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/gbpjpy"]GBP/JPY - British Pound / Yen[/url][/b]
[b]Entry[/b]: 132.95
[b]Stop[/b]: 133.35
[b]Resistances[/b]: 134.7 - 134 - 133.25
[b]Supports[/b]: 129.05 - 131.2 - 132.6

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] ...

Welcome to the FXReturn.com London Forex Market Call for July 12th.,2010. GBP/USD: Closes on the lows of the session and below the 10 day average as the market rejects the 1.5200 region. Consecutive closes below 1.5089 will signal a move down to 1.4767 with some areas of support at 1.4796 and 1.4781. Stochastics are in overbought territory but haven't crossed below the 80 sell area. If that does happen, this will set up a traditional sell signal. Funds are still net short and added to the short side last week | GOLD: Erased Thursday's losses to close above the 50 day average at 1208 but couldn't gain enough momentum to close up against the 10 day at 1211.9. A close above the 10 day will signal a rally up to 1225.9 as the stochastics are recovering ...

[B]We start the week with Britain Final GDP, Business Outlook Survey in the Bank of Canada, Chairman Ben Bernanke speech in Washington DC and more interesting news, let’s see what awaits us today.[/B]

In the US, Federal Reserve Chairman Ben Bernanke; delivers a speech titled “Restoring the Flow of Credit to Small Business” at the Financing Needs of Small Business Forum, in Washington DC, and have an influence on the nation’s currency value.



Later in the US, Federal Open Market Committee (FOMC); Governor Elizabeth Duke delivers a speech titled “Small Business Credit: Next Steps” at the Financing Needs of Small Business Forum, in Washington DC; and affect the nation’s key interest rates ...