Made Easy Forex

EUR/USD rally could extend to 1.3820/40 zone – Commerzbank
FXstreet.com (Barcelona) – Euro recovery from 1.3280 low last week capped yesterday at 1.3690, although the Euro remains trading around 1.3600 trading under upside pressure, according to Karen Jones, technical analyst at Commerzbank, who observes the pair targeting 1.3820/40 zone.
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Q:  I want to take classes in technical analysis so i can trade in the forex market!
A:  Go and check out http://www.fxcm.com – they offer courses for technical analysis for Forex market. There is also a superb application available to download for free – Forex Trading Station. It has real time data and charts and can be used as a treining account for free.

Forex Trading: USD/CHF operating in range
FXstreet.com (Barcelona) – The USD/CHF has been stuck in range ever since the opening of yesterday’s European session with the ceiling of 1.0612 and the floor of 1.0570 capping the very limited breakout attempts by the timid pair.
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Q:  I keep hearing good things about them and this mourning i saw an analysis on the cable tv money channel giving rave reviews on forex ring leader , how there calls dominate the forex markets. i just want to know if any one has gotten rich from using them ! and has your account ever gone negative using them i looked at there trading history and it looks too perfect. seems like on average they only have 2 stop out per month. so am i reading the report correctly …

Q:  Hello Forex traders,I am somewhere between a beginner to an intermediate forex trader. I placed a trade on USD/CAD on Thursday. Although I made some profit, It was not how much I expected.Can you please review my trade. I have posted my analysis behind the trade at -http://the-forex-trading.blogspot.com
A:  Overall, not too bad . . . you made a profit.
Considering the timeframe you are trading, I don’t understand why you are referring to a an exit at 1.1006 “which looked like an important resistance”.
It looked like recent resistance was ~1.1055 and …

I heard rumers about using wavelets, or multiresolution analysis, to trade the forex market and that it works really well. I was wondering if anyone knows anything about that and if you do, can you share information or where I can get information about (book, ebook, website etc.)
I don’t really know what wavelets are. But based on what i see on google and stuff, it seems pretty complicated. I don’t see how it can be use to trade…

GBP/USD attempts to pick up from 1.5365 session low
FXstreet.com (Barcelona) – Pound’s rally from 1.5140 low on Thursday extended on Monday to 7-week high at 1.5485, and the Pound reversed on European session to 1.5365 low and tries to pick up at US session opening although resistance at 1.5400/20 keeps the pair at day lows.
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USD/CAD Classical 04.12
USD/CAD: Our overall outlook for the pair remains highly constructive and as such, any dips below parity should be used as formidable buy opportunities. At this point however, we can not rule out the potential for a short lived dip to test 0.9900.
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