Monthly Archives: March 2012

Binary Trade Ideas

The first chart is from March 19th, 2012 (Figure1). This is a one minute chart zoomed in so you can see the details of the trade more clear. Prior to the move down on the left side of the chart, …

Finding a Good Broker Spread

Broker Spreads

Make Sure You Get the Best Spread

Finding the lowest spreads possible is a good skill to have in your Forex trading. By discovering a small spread, you can take advantage of a better chance of hitting a profit. …

Support for the Euro and the Pound

The Euro and the pound had a huge day on Friday, March 16, 2012. Each of these currencies rose in value by more than 1 percent early on during the U.S. trading session. For the British pound sterling, this marked …

Using Gold in Your Trading

Gold Trading

Gold Plays a Big Role when it comes to Currencies

While this might actually fall under the jurisdiction of fundamental analysis, using gold as a gauge during currency trading can actually be a unique way to not only understand where …

The Factors of the Dollar

The perceived slowing down of economic growth in Asia has sparked some interesting movement in currency prices. The problem was especially apparent in China. Experts expected them to announce that exports had risen by over 30 percent over the …

Pivot Points and How to Trade Them

We spoke about Pivot Point trading a couple of days ago and broke down how you can use them in your Binary Options Trading. We are going to try and break it down a bit further. The two examples …

Euro Plays the Debt Crisis

Greece Debt

Greece Debt Crisis

The Euro saw some big gains in relation to the U.S. dollar in early trading on Thursday, March 08, 2012. With the Greek debt deadline looming, investors saw some big gains for the Euro as the outlook …

Canadian Dollar Direction is Down

From the Canadian dollar’s viewpoint, it looks like global growth is slowing down drastically. The CAD dropped in value again early on Tuesday, March 6th, bringing it to a weekly low point. The biggest factor in this pullback is probably …

Trading Pivots in Binary Options

We’ve always liked support and resistance areas no matter what time of day or time frame we use when trading currency. Although we like breakout trades, we definitely like to fade the fake out of a trade that’s about to …

Currency Levels Right Now

The United States’ dollar has recently broken through a key level of resistance. For the month of February, the greenback index gained 0.73 percent and is looking like it will breakthrough a critical resistance level going into the month of …