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Forex-education---the-scientific-theory-of-market-movement
By kelly price
Human nature is constant and humans decide the price in any market and many new forex traders as part of their forex education look to follow one of the many scientific theories to help them predict Read more...

Overseas Property And Foreign Currency Exchange A Road To Ruin
By Nicholas Marr
Overseas property investors and those buying property abroad as a second home are missing out on opportunities to save money on their overseas property purchases. Property abroad is providing cheap Read more...

Forex-education---success-you-follow-these-2-golden-rules
By kelly price
I read a lot about forex education and most of it is wrong; it’s a fact that 95% of traders lose, because they learn forex trading in the wrong way. Forex Trading success is easy but most traders Read more...

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Trading-in-black-and-white-forex-trading-newsletter---5-9-06/33104">trading In Black And White Forex
By Eddie Yakubovich
When is a night that you don’t get into a trade a good trading night? Well the obvious answer is when the market goes against you, but since you did not get to your entry price you did not lose any money.

Last night gave us an example of what I believe is an even better no trade night. We missed our entry by one pip plus the spread. Cable dropped to 1.8581 and our entry was 1.8580.

Most of you ask how frustrating it is to miss a 160-pip profit night by one pip, that’s right we hit both of our targets. My answer is it’s not frustrating at all. I can honestly answer this way because number one, and I alluded to this a little in last nights news letter, the market is completely random, so why should I feel frustrated by missing a trade by one pip, to the contrary I am glad to been that close to the entry.

And number two every trader needs a little luck, to have a trade go in there favor. We have had six out of the last seven nights go in our favor for well over 700 pips. I feel fortunate that I have had more than my share of luck.

It appears Cable is sliding into some sideways consolidation trading. We do not feel this will last long. This has been a fairly quiet week so far, with no significant news. That all changes Wednesday with the FOMC Interest Rate Statement.

With that said we expect the rise to continue towards the 1.9549 previous high. We must also watch the 4 hour charts as the MACD is in divergence.

Last night we set

Forex: USD/CAD hits 20-month high below 1.0070 after retail sales
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.nasdaq.com/newscontent/20100319/forex-usdcad-hits-20-month-high-below-10070-after-retail-sales.aspx?storyid=20100319_5d0d6f6a-4e3f-4ee5-9736-cc7a7b099b2c_fxstreet.com" style="font-size:1.2em">Forex: USD/CAD hits 20-month high below 1.0070 after retail sales</a> <br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">7 hours ago </span> <div style="width:80%;">FXstreet.com (Barcelona) - The Canadian Dollar has rallied more than 120 pips during the day, fuelled by favourable Canada CPI and retain sales figures, and the USD/CAD decline from 1.0185 session ...</div> </div>
Canadian Dollar Targets Parity on Inflation, Higher Rate Bets
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.bloomberg.com/apps/news?pid=20601082&sid=apVzgCImz__I" style="font-size:1.2em">Canadian Dollar Targets Parity on Inflation, Higher Rate Bets</a> <br> <span style="color:#888888;">Bloomberg</span> - <span style="white-space:nowrap">16 hours ago </span> <div style="width:80%;">By Chris Fournier and Allison Bennett March 19 (Bloomberg) -- The Canadian currency came the closest to parity with its US counterpart in almost 20 months after a report showed consumer prices ...</div> <a href="http://www.businessweek.com/news/2010-03-19/canadian-dollar-may-decline-on-crowded-bets-barclays-says.html">Canadian Dollar May Decline on &#39;Crowded&#39; Bets, Barclays Says</a> - <span style="color:#888888">BusinessWeek</span><br> <a href="http://www.rttnews.com/Content/CanadianNews.aspx?Id=1246211&SM=1">Canadian Dollar Declines From Early Highs Against Major Rivals</a> - <span style="color:#888888">RTT News</span><br> <a href="http://beforeitsnews.com/news/26150/Canadian_Dollar_In_Purgatory.html" style="color:#009900">Before It's News</a> </div>
Canada&#39;s Airlines Helped By Strong Canadian Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://online.wsj.com/article/BT-CO-20100318-714485.html?mod=WSJ_latestheadlines" style="font-size:1.2em">Canada&#39;s Airlines Helped By Strong Canadian Dollar</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">23 hours ago </span> <div style="width:80%;">By Caroline Van Hasselt Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--Canada&#39;s airline industry is one sector of the country&#39;s economy that benefits from a strong currency, given that fuel, their ...</div> </div>
| EXCHANGE RATE
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailynews.lk/2010/03/19/ExchangeRate.asp" style="font-size:1.2em">| EXCHANGE RATE</a> <br> <span style="color:#888888;">Ceylon Daily News</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Exchange Rates on 18.03.2010 The average rates of the following currencies quoted by commercial banks in Colombo for Telegraphic Transfers (TT) at 9.30 am are as follow: Currency Buying Rate ...</div> </div>
Fund Managers Don&#39;t Fret Canadian Dollar At Par; Some Even Like It
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003181514dowjonesdjonline000762&title=fund-managers-dont-fret-canadian-dollar-at-parsome-even-like-it" style="font-size:1.2em">Fund Managers Don&#39;t Fret Canadian Dollar At Par; Some Even Like It</a> <br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">By Stuart Weinberg, OF DOW JONES NEWSWIRES TORONTO -(Dow Jones)- Peter Hodson won&#39;t stop investing in US equities now that the Canadian dollar is near par with the greenback, but he does offer the ...</div> </div>
A Double Top in Oil Could Spell End For Canadian Dollar Rally
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/fundamental/article/drivers_of_price_action/2010-03-18-1856-A_Double_Top_in_Oil.html" style="font-size:1.2em">A Double Top in Oil Could Spell End For Canadian Dollar Rally</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">The Canadian dollar rally took a breather today as the re-emergence of troubles in Greece cooled prevailing risk appetite. The ?loonie&quot; is on pace to test parity against the dollar as rising oil ...</div> <a href="http://www.nasdaq.com/newscontent/20100319/forex-cad-suffers-greenback-strength.aspx?storyid=20100319_b680d205-5415-49b9-91cf-6583f6bc4a0e_fxstreet.com">Forex: CAD suffers Greenback strength</a> - <span style="color:#888888">NASDAQ</span><br> </div>
CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.forexhound.com/article/Fundamentals/Daily_Reports/CANADIAN_DOLLAR_MAKES_ANOTHER_NEW_CONTRACT_HIGH_NEW_BUY_SIGNAL_FOR_THE_POUND/192500" style="font-size:1.2em">CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND</a> <br> <span style="color:#888888;">Forex Hound</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">CURRENCIES: 03/18/10 Higher closes yesterday for the Canadian Dollar, Swiss Franc , British Pound, Japanese Yen, and Aussie Dollar while lower for the Euro Fx and dollar index. The euro continues ...</div> </div>
Canadian Dollar May Soon Reverse Against US Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/usd-cad/2010-03-18-1554-Canadian_Dollar_May_Soon_Reverse.html" style="font-size:1.2em">Canadian Dollar May Soon Reverse Against US Dollar</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">USDCAD ? Continued USDCAD declines have left the pair&#39;s SSI ratio in strongly net-long territory, but it is interesting to note that said ratio has not hit further extremes as the pair drops to ...</div> </div>
Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/table/2010-03-18-1536-Canadian_Dollar_at_Risk_of.html" style="font-size:1.2em">Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Interested in building your own SSI-based strategy? Request SSI data on our forex forum. Strong declines in the US Dollar/Canadian Dollar currency pair have persistently been met with crowd buying ...</div> </div>
Good Numbers In UK
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3957634" style="font-size:1.2em">Good Numbers In UK</a> <br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Some good news out of UK, for a change. After recent avalanche of doom and gloom reports, employment numbers turned positive today. Unemployment count for January was revised down, but February ...</div> </div>

our entries at 1.8580. We had profit targets of 1.8640 and 1.8680, we miss the entry by one pips but the target were perfect.

Tonight we are trading around 1.8550. We will be looking to go long again, and we will continue cautiously watching for an unexpected reversal.

To learn more about how we find these trading levels and dominate the Forex market, you must get a Forex trading education. Whether it be a Forex trading course of Forex seminar.

We find these support and resistance levels using a set of technical indicators and other variables that we have found to be most successful for us. We use several other indicators and a variety of technical analysis techniques to enter and exit all of our trades. Every trader will have a different combination of indicators that makes the most sense to them. Learn how to develop your own successful Forex Trading style with our Elite Forex Trading Course or Forex Seminar.

Article Source: http://www.upublish.info

About the Author:
Eddie Yakubovich
Eddie’s Trading Tools:
Forex Seminar

We strive to provide only quality articles, so if there is a specific topic related to currency that you would like us to cover, please contact us at any time.

And again, thank you to those contributing daily to our currency trading basics website.

Forex: USD/CAD hits 20-month high below 1.0070 after retail sales
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.nasdaq.com/newscontent/20100319/forex-usdcad-hits-20-month-high-below-10070-after-retail-sales.aspx?storyid=20100319_5d0d6f6a-4e3f-4ee5-9736-cc7a7b099b2c_fxstreet.com" style="font-size:1.2em">Forex: USD/CAD hits 20-month high below 1.0070 after retail sales</a> <br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">7 hours ago </span> <div style="width:80%;">FXstreet.com (Barcelona) - The Canadian Dollar has rallied more than 120 pips during the day, fuelled by favourable Canada CPI and retain sales figures, and the USD/CAD decline from 1.0185 session ...</div> </div>
Canadian Dollar Targets Parity on Inflation, Higher Rate Bets
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.bloomberg.com/apps/news?pid=20601082&sid=apVzgCImz__I" style="font-size:1.2em">Canadian Dollar Targets Parity on Inflation, Higher Rate Bets</a> <br> <span style="color:#888888;">Bloomberg</span> - <span style="white-space:nowrap">16 hours ago </span> <div style="width:80%;">By Chris Fournier and Allison Bennett March 19 (Bloomberg) -- The Canadian currency came the closest to parity with its US counterpart in almost 20 months after a report showed consumer prices ...</div> <a href="http://www.businessweek.com/news/2010-03-19/canadian-dollar-may-decline-on-crowded-bets-barclays-says.html">Canadian Dollar May Decline on &#39;Crowded&#39; Bets, Barclays Says</a> - <span style="color:#888888">BusinessWeek</span><br> <a href="http://www.rttnews.com/Content/CanadianNews.aspx?Id=1246211&SM=1">Canadian Dollar Declines From Early Highs Against Major Rivals</a> - <span style="color:#888888">RTT News</span><br> <a href="http://beforeitsnews.com/news/26150/Canadian_Dollar_In_Purgatory.html" style="color:#009900">Before It's News</a> </div>
Canada&#39;s Airlines Helped By Strong Canadian Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://online.wsj.com/article/BT-CO-20100318-714485.html?mod=WSJ_latestheadlines" style="font-size:1.2em">Canada&#39;s Airlines Helped By Strong Canadian Dollar</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">23 hours ago </span> <div style="width:80%;">By Caroline Van Hasselt Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--Canada&#39;s airline industry is one sector of the country&#39;s economy that benefits from a strong currency, given that fuel, their ...</div> </div>
| EXCHANGE RATE
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailynews.lk/2010/03/19/ExchangeRate.asp" style="font-size:1.2em">| EXCHANGE RATE</a> <br> <span style="color:#888888;">Ceylon Daily News</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Exchange Rates on 18.03.2010 The average rates of the following currencies quoted by commercial banks in Colombo for Telegraphic Transfers (TT) at 9.30 am are as follow: Currency Buying Rate ...</div> </div>
Fund Managers Don&#39;t Fret Canadian Dollar At Par; Some Even Like It
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003181514dowjonesdjonline000762&title=fund-managers-dont-fret-canadian-dollar-at-parsome-even-like-it" style="font-size:1.2em">Fund Managers Don&#39;t Fret Canadian Dollar At Par; Some Even Like It</a> <br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">By Stuart Weinberg, OF DOW JONES NEWSWIRES TORONTO -(Dow Jones)- Peter Hodson won&#39;t stop investing in US equities now that the Canadian dollar is near par with the greenback, but he does offer the ...</div> </div>
A Double Top in Oil Could Spell End For Canadian Dollar Rally
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/fundamental/article/drivers_of_price_action/2010-03-18-1856-A_Double_Top_in_Oil.html" style="font-size:1.2em">A Double Top in Oil Could Spell End For Canadian Dollar Rally</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">The Canadian dollar rally took a breather today as the re-emergence of troubles in Greece cooled prevailing risk appetite. The ?loonie&quot; is on pace to test parity against the dollar as rising oil ...</div> <a href="http://www.nasdaq.com/newscontent/20100319/forex-cad-suffers-greenback-strength.aspx?storyid=20100319_b680d205-5415-49b9-91cf-6583f6bc4a0e_fxstreet.com">Forex: CAD suffers Greenback strength</a> - <span style="color:#888888">NASDAQ</span><br> </div>
CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.forexhound.com/article/Fundamentals/Daily_Reports/CANADIAN_DOLLAR_MAKES_ANOTHER_NEW_CONTRACT_HIGH_NEW_BUY_SIGNAL_FOR_THE_POUND/192500" style="font-size:1.2em">CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND</a> <br> <span style="color:#888888;">Forex Hound</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">CURRENCIES: 03/18/10 Higher closes yesterday for the Canadian Dollar, Swiss Franc , British Pound, Japanese Yen, and Aussie Dollar while lower for the Euro Fx and dollar index. The euro continues ...</div> </div>
Canadian Dollar May Soon Reverse Against US Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/usd-cad/2010-03-18-1554-Canadian_Dollar_May_Soon_Reverse.html" style="font-size:1.2em">Canadian Dollar May Soon Reverse Against US Dollar</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">USDCAD ? Continued USDCAD declines have left the pair&#39;s SSI ratio in strongly net-long territory, but it is interesting to note that said ratio has not hit further extremes as the pair drops to ...</div> </div>
Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/table/2010-03-18-1536-Canadian_Dollar_at_Risk_of.html" style="font-size:1.2em">Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Interested in building your own SSI-based strategy? Request SSI data on our forex forum. Strong declines in the US Dollar/Canadian Dollar currency pair have persistently been met with crowd buying ...</div> </div>
Good Numbers In UK
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3957634" style="font-size:1.2em">Good Numbers In UK</a> <br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">Mar 18, 2010 </span> <div style="width:80%;">Some good news out of UK, for a change. After recent avalanche of doom and gloom reports, employment numbers turned positive today. Unemployment count for January was revised down, but February ...</div> </div>

Short for "Foreign Exchange". Refers generally to the Foreign Exchange trading industry and/or to the currencies themselves.