Trade idea: Buy GBPUSD 1.3293, target 1.3550, stop loss 1.3150: FXWW

From the FXWW Chatroom: Our view: –       We anticipate an extension of recent weakness in USD. Data and speeches over the weekend provide little ammunition for invest …
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Euro on defensive on political worries, tame inflation dents dollar: Reuters

TOKYO (Reuters) – The euro was on the defensive early on Monday after Austria’s election and on concerns over Catalonia’s confrontation with Madrid, though the dollar als …
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Weekly Game Plan 16 Oct 17: By Justin Paolini

Over the weekend, FED’s Yellen sketched a bright outlook for the U.S. economy and for inflation prospects.  A bit less enthusiasm from BOJ’s Kuroda who believes markets are un …
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Forex Metrics and Chart Week 42 / 2017: FXTA

 The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the AUD(4X) followed by the EUR(3X) …
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Option expiries for today’s Monday October 16 NY cut (10:00 NY, 15:00 London) : FXWW

From the FXWW Chatroom: *EUR/USD: $1.1650(E419mn), $1.1675(E461mn), $1.1760(E480mn), $1.1800(E849mn), $1.1895-1.1900(E735mn) *USD/JPY: Y112.00($600mn), Y112.50($1.6bn), Y112.99-113 …
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What We Learned About Trade Management After 4 Simulations On 200 Trades: by Justin Paolini

“It’s not about being right, it’s about making money.” – Scott Ramsey, Market Wizard Most retail traders think that profitable trading is just about picking winning trade …
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MNI EXCLUSIVE INTERVIEW: Fed’s Rosengren Backs Quarterly Hikes

–Worried Fed Too Accommod When Infl Hits 2% By End-2018, Unempl Under 4% –Would Reconsider View If Infl Consistently Misses; Too Soon To Tell –Stocks Not Quite &# …
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THE EU TROJAN HORSE: By Scott Pickering

INTRODUCTION: Last week was a light week for economic data but wow the news events were crazy. From a trading viewpoint, I had to split the week into two halves. Monday thru Wednes …
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Forex Trading Opportunities for the Week Ahead 16 October 17: FXRenew

I plan my trading for the week ahead each weekend. Here are the Forex trading opportunities I will bestalking this week. Note that this is my current view, but if market condition …
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FX: charts for the week: By Mary McNamara

The US$ remains trapped and I keep reminding traders that I don’t think we will see decent trending FX markets until the US$ makes a decisive breakout from its recent congestion …
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