Forex Overdrive

Wed, 18 Jan 2017 16:27:50 GMT

The New Normal for Forex Trading?
The election of Donald Trump has implications for all trading, including forex as all markets need to find a new normal. This means what worked during the Obama years may not work now. We have seen a taste of it since the start of the year, where the ...

Wed, 18 Jan 2017 16:36:04 GMT


Forex technical analysis: USDMXN back higher in trading today
The pair yesterday found support against the 38.2% of the move up from the end of December low. That level comes in at 21.47257 and the low yesterday 21.4685. Close enough for this pair. Traders were leaning (see post from yesterday). That was more ...

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Sun, 15 Jan 2017 07:34:48 GMT

Target Forex Trading: Week Of January 15th - 20th, 2017
What ProAct Forex Target Traders See: We are currently sitting at 1.0644 in a large channel in a range. We are looking to continue working this channel up and down to the range top at 1.0796. The average daily true range (ATR) for the pair currently is ...