Using The Relative Strength Index Technical Indicator Many traders use the Relative Strength Index indicator, or RSI for short, but it can be a very dangerous indicator if used in isolation and indeed a lot of traders don't use this indicator correctly. (...) Go to Full Article

Forex Trading News: GBPUSD Softens Up Ahead of Rate Decision About two hours ahead of the BOE Interest Rate Decision, the GBPUSD is about 100 PIPS weaker than the session open today. The BOE is forecast to keep rates at 5.00% and wait to act as they figure out if slowing economic growth or ......

Forex Trading: EUR/JPY Trading Off of Resistance The Euro Yen pair has held the channel below, similar to other Yen crosses since the end of June. Trading the channel today would have been yielded some success as the pair bounced off support and subsequently dropped lower as it hit ... Go...

Forex Trading News: EURUSD Getting a Little Bid In a very tamed session thus far, as traders are waiting for the BOE's Interest Rate Decision, the EURUSD was able to slowly creep back up towards its respective resistance level of 1.5749. The EUR made some gains yesterday setting up ... Go...

Forex Trading News: Forex Preview (7/10/2008) Attached are the Forex and Economic releases and previews. Go to Full Article

Forex Video FXDD Market Outlook and Trading insight for July 10th ... Forex Video FXDD Market Outlook and Trading insight for July 10th 2008 Forex Video. Go to Full Article

Forex Trading: Australia Employment comes in better than expectation 29800 jobs were created. The Unemployment Rate fell to 4.2% The Participation Rate came in at 65.3 The prior month was revised to -25600 jobs from -19700. The High after the number was 0.9613. The retracement after the...

Forex News: AUD Employment Change and Unemployment Rate AUD. Employment Change. Expected at +10K Actual +29.8K Prior -19.7K. Unemployment Rate. Expected at 4.3% Actual 4.2% Prior 4.3% Go to Full Article

Forex Trading: AUDUSD getting ready for the employment report The employment report out of Australia should result in some volatility. The market is expected an increase of 10000 as mining jobs are expected to offset weakness in the domestic economy which is suffering from high rates, ... ...

Forex News: Japan Current Account Surplus supported by increased ... This was higher than expected Exports rose by 4.2% while imports rose by 4.0%. Exports continue to rise despite slower US growth as Japan has diversified its export market and are relying more on other countries other than...

Forex News: JPY Domestic CGPI MoM, Current Account, Trade Balance JPY. Domestic CGPI MoM Expected at +.6% Actual +.8% Prior +1.1%. Current Account Total Expected at 1919.2B JPY Actual 2000.6B JPY Prior 1380.9B. Trade Balance Expected at 500B JPY Actual 529.4BJ PY Prior 634.7B JPY. Go to...

Stock Picks And Trade Ideas For Thursday - TQNT, CEL, GE, NVDA Chart courtesy of stockcharts ( click to enlarge ). Looking for the latest news from Wall Street regarding NVIDIA (NVDA) , it looks like many people grabbed the recent drop in share price to put their money working on the long...

US Stock Market Summary For Wednesday: Bears 3, Bulls 0 Last evening I wrote the following:. (July 8th, 2008) Was today the bounce that the technical indicators told us was overdue? Was today’s advances a head fake or will this be the start of the next ‘bear market rally’? ... Go...

America’s Carmart Buy Alert America’s Carmart, Inc. (CRMT) is barreling forward and producing very impressive results for shareholders in a very challenging environment. The company’s fourth-quarter results, reported just last week, contained big improvements in ... Go to Full...

DailyFX Trade Calls: Canadian Dollar Top Pick: Long AUD/CAD CAD: 5 out of 8 DailyFX Analysts Expect the Canadian Dollar to Weak The Canadian dollar is like an uncertain teenager trying to... Go to Full Article