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The Trend is you’re friend

Wednesday, 10 March 2010 15:11 Market Reviews

What a Trend!!!

Over The last few days, the pair USD/CAD moved in a lovely downtrend as we predict, now we can see very clearly how the us lost more then 350 pips in the last 9 days.

Wow, isn’t something??? I don’t like to say it, but you know the Trend is you’re friend!!!Don’t get wrong, don’t join to trend when the momentum is not there.

Ok so now lets be real, it is not the best time for the fundamental traders, and there for in a reaction time the technical wins. There for now it is the time to use the best tools you can find on your trading platform in order to make the best diction for yours position.

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Market Review January 8th 2010

Friday, 08 January 2010 13:28 Market Reviews

Fundamental Frinday - what would happen and how would it affect us?

So, today is the big day and along with a few other major announcements, we have the non farm payrolls in the US, the unemployment rate in Canada, and a few other announcements around the world.

What does it mean for us currency traders?

Well, the first pair to look out for is the USD/CAD as this is where all the action is taking place. What do we expect? Volatility, Retracements, Big Swings, falls and gaps - YOU NAME IT!

But before this, let's discuss what is the non farm payrolls and why is it so vital to the economy?

So, what is the NonFarm payrolls?

Shortly, the non farm payrolls is total number of paid U.S. workers of any business.

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Market Review January /07/2010

Thursday, 07 January 2010 17:59 Market Reviews

It's Amazing what is happening here lately, although they are good results from the United States and Europe, the market was still asleep, so then we saw a positive given the United States but still the market continues as usual and did not give any particular

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