My demo account at Forex.com was only valid for 30 days which ended sometime early last week. I went on ahead and set up a live account and initiated a small position going long theContinue reading
Category: Forex
EUR/USD Economic Calendar: 8/4/17
Yesterday’s high impact event for EUR/USD was the release of the non-farm payrolls at 5:30 AM PST. Turns out the jobs report was stellar, with the US economy adding 209,00 jobs in July. This beatContinue reading
EUR/USD Economic Calendar: 8/3/17
There weren’t any high impact events yesterday for the EUR/USD pair, but today there was one. At 7:00 AM PST the Institute of Supply Management (ISM) Services/Non-Manufacturing Composite was released. Ideally we want this numberContinue reading
Can You Really Trade Forex 24 Hours a Day? Really?
No build up here, unlike traditional equity markets you really can trade the forex markets 24 hours a day. Out here on the West Coast I can trade currency pairs for hours in the morning beforeContinue reading
EUR/USD Economic Calendar: 8/1/17
I need to get a better understanding on how fundamentals drive forex. Experts share that GDP announcements, employment rates, trade balances, etc. all can have a considerable and immediate impact on the direction of aContinue reading
Forex Trading: A New Start
If you have been following this blog you may have noticed my increased interest in Forex trading. For the past month or so I have been playing around in demo account at Forex.com. I’ve alsoContinue reading
July FOMC Meeting and EUR/USD
Today at 2pm there was a Federal Open Market Committee Meeting (FOMC) announcement. First up, you may be wondering what the hell exactly is the FOMC? The FOMC is the crew of rich people (ex-bankers,Continue reading