Tuesday, May 22, 2007

The Forex Trading Blog - Some interesting facts..:-)

Here are some interesting facts on "The Forex Trading Blog" -

As I mentioned in my previous post, it took more than 5 days infact 7 days to be precise for the 1st visitor to visit this site since I started it on 13-May-06. However once it started, there is constant increase in the readership.

The most popular post that is read again and again on this site is the one in which I mentioned the ebook I recommend - Forex Trading Machine from Avi Frister and 5 EMA forex trading system by Adam Burgoyne. These 2 ebooks are truely great.

The most famous question that my readers keep asking me again and again is "Which currency pair should one trade". I recommend the USD based currency pair since the spreads are very tight.

The most common technical indicator that I guess readers are interested is EMA and people always ask me the settings for the EMA.

There are 177 RSS subscribers to my blog (2 added since my last post..:-)) ..Out of these 40% are USA based and 25% are UK based. To my surprise, 5% are indians. I was expecting less than that.

I asked in one of my posts that which fundamental announcement do people like to trade the most. The response was..Yes, NFP (Non farm payroll).. Altough its a very volatile & risky news, still it seems to be the favourite. If you are trading using that, I suggest you to use the strategy that Avi frister provides when one buys his Forex Trading Machine ebook

Thats all in today's post..I'll share some more interesting facts in my next message..Keep visiting to learn more. Infact I encourage you to add the RSS feed to your site so that you are always aware when I post about online forex trading which I do quite frequently..:-).

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Saturday, May 19, 2007

This Forex Trading Blog!!

This Forex Trading Blog!!

Hello Everyone..It is a great feeling to tell you that your favourite blog has completed one year of running on 13-May-07.

Yes, on 13-May-06 I launched this blog and it took 7 days for the 1st visitor to visit this site. Today there are close to 200 visitors that come to this site on daily basis to learn more or share there experience about forex trading. More than 175 people have added the RSS feed of this blog to their newsreader page.

I thank you for making this blog so successful.

Want to know more stats and interseting facts about this site?? Well, I'll share with you tomorrow.

Just one more point, the USD is looking in a major up turn. The USD based major currency pair it seems may move 150 pips more in next 1 week. So look for good entry and exit points to place the trade. The good currency pairs to watch are - EUR/USD, GBP/USD and NZD/USD

Thats all in this edition..Visit again to learn more on the world of online forex trading.

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Sunday, May 06, 2007

Forex Trading - Something Exciting in May 2007

Forex Trading - Something Exciting in May 2007

There is something exciting in May 2007.. I am happy to tell you about it.

What is it? You will come to know very soon..Can you guess it? If yes, feel free to drop your comments..

A new week has started..Now also the forex trading market temporarily is looking USD bullish..
The EUR/USD currency pair looks to be at the major resistance level.. If it breaks that I guess we may see it reaching 1.3675 which will be +50 pips if I enter at 1.3625

Thats all in this short message...Visit again to learn more on forex or currency trading.

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Thursday, May 03, 2007

Major currency pairs are showing the reversal pattern

Major currency pairs are showing the reversal pattern -

GBP/USD, EUR/USD, AUD/USD, USD/CHF, NZD/USD all are showing major reversal patterns after an extended run...

The GBP/USD after this extensive run where it broke above 2.0000 barrier is now heading down.. Considering that its a great time to go short or pro USD.

Use a forex trading system and identify an entry bpoint to go short.. There are quite a few popular suystems such as one by peter bain I recommend and also from Avi frister or Adam Burgoyne forex trading ebook ...

Aso,please note that tomorrow NFP (Non Farm Payrolls) are going to be declared..So watch out for this fundamental news before you place trade using technical indicators..

Thats all in this session..Visit again

Forex day trading system

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