Euro Headed to Parity with US Dollar - FX insight shares

Notice in this video how Euro headed to parity was for seen back in April and May.




 Trade Room discussion starting July 9th and rest of week. Trade Leaders share chart, market commentary and outlook with all those who attend. 

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Mar 23 Trade of Day Usd/Jpy Forex Training sessions

 


Chief Trader Alvaro Mendez take an advanced trade on the (82.36) USD/JPY for 8 points. Chief Al is able to recognize an advanced trade set up by analyzing Forex Insight trading methods. Market actions set up this week allows Alvaro to anticipate downward market momentum has stalled and will need to come up for air before continuing lower.

The Traders that followed Alvaro in the online room and in office moved on to complete trade with removing second set of fills at +20 and +29. Learn how to trade the Forex Market Successfully and to spot trading opportunities to consistently profit in the Forex market with Forex Online Training School LIVE ACCESS Courses now registering TRADE ROOM ACCESS PASS 

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Forex Insight Pro Traders Tip of the Day Mar 23rd

 

 

Spot  Trend and Go With It

Determine the trend and follow it. Market trends come in many sizes – long-term, intermediate-term and short-term. First, determine which one you're going to trade and use the appropriate chart. Make sure you trade in the direction of that trend. Buy dips if the trend is up. Sell rallies if the trend is down. If you're trading the intermediate trend, use daily and weekly charts. If you're day trading, use daily and intra-day charts. But in each case, let the longer range chart determine the trend, and then use the shorter term chart for timing.

Fed Bernanke refrains from signaling QE3

(Reuters) - The dollar gained against the euro and yen on Wednesday as factors ranging from month-end positioning to a European Central Bank cash infusion and lowered expectations of another Federal Reserve bond-buying binge raised the greenback's appeal. Robust U.S. data, which typically increases risk appetite, favored the dollar versus the euro as it highlighted a growing disparity between the economies on both sides of the Atlantic.

Ongoing financial strains in Europe prompted the ECB to infuse over a half a billion euros into financial markets. "The ECB's auction in some ways could be interpreted as form of quantitative easing," said Charles St-Arnaud, foreign exchange strategist at Nomura Securities in New York. link to full article on REUTERS

Tomorrow in the online traders room we will be looking for some nice range trades as this Dollar gain should some correction. Key level on usd/jpy in particular is what I will be looking to enter in. JOIN US TOMORROW March 1st ---------95% of people trading lose money, but not if you know what you are doing. Become successful and join the Group of 5% of Successful trader. Forex Insight Team can teach YOU to become within the 5% minority of people who are making money.

LOG IN and Visit us Daily as we trade and connect with all our traders around the world Morning sessions in the online trade Room.
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IMF has warned of a 20-30% oil price spike if Iranian exports are disrupted. Forex Insight team

The IMF warned that if the West imposed financial sanctions on Iran, it would be tantamount to an oil blockade, and the shock to the market could be as bad as from Libya's revolution last year.














Iran produces 5% of global oil output. The market is already pricing in a small risk of an escalation of tensions between Iran on the one hand, and the US, Europe and Israel on the other, according to the IMF's estimates.ran is the world's fifth-largest oil producer, extracting 3.5 million barrels a day. Other members of the Organisation of Petroleum Exporting Countries (Opec) have some 3.8 million barrels in spare capacity that could eventually be made available. READ original BBC LINK  



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Russia, Iran Proceed With Bilateral Trade, Drop Dollar

FOREX ARTICLE OF THE DAY

Shared Article (FOREX INSIGHTERS)
Russian warships patrolling the eastern Mediterranean Sea have docked at Russia's naval supply facility in the Syrian port of Tartus, the private Addounia TV reported Saturday