Open trading account 
It was a good month for trading almost any given pair. Esp the USD and GBP currencies were rocking the scene. Would like to come back next month and try level best to succeed. Thanks for such nice platform, Dukascopy Bank. I am surprised to see option trading contest, one and the only of its kind.
Rajeev007's Blog
Divergence in Trading Activity
Source: Profit-Loss
The turnover survey results released by the Foreign Exchange Committees around the world show little by way of unifying trends with regards to FX trading activity in April 2015.
In the UK and US FX trading volumes were down from the October 2014 highs but still above the figures recorded in April 2014. In Japan and Singapore the surveys showed that FX trading levels have remained relatively stable over the year period, data from Canada showed a significant increase in FX tra…
The turnover survey results released by the Foreign Exchange Committees around the world show little by way of unifying trends with regards to FX trading activity in April 2015.
In the UK and US FX trading volumes were down from the October 2014 highs but still above the figures recorded in April 2014. In Japan and Singapore the surveys showed that FX trading levels have remained relatively stable over the year period, data from Canada showed a significant increase in FX tra…
EUR/USD bounce to continue or reverse?
EUR/USD on Thursday extend its bounce from key support at the 1.0800 level. Initially hitting a one-week high near 1.1017 in early trading on Thursday, the currency pair pared some of those gains in the beginning of the US trading session as US unemployment claims were reported to have reached the lowest level in four decades at 255K. This initially helped to boost the dollar and weigh on the euro’s earlier gains. From a broader perspective, downside risk continues to pressure the euro, even as …
USD Super Cycle comes to a halt
The USD Super Cycle based forecast of MS (Morgan Stanley) was made in January. As per that so-called forecast, the target of EUR/USD was 1.09.
The exact words of MS were: “
The exact words of MS were: “
We believe that we are currently in the middle of the third major USD bull market of the past forty years. An extraordinarily long projected US economic expansion, widening growth differential between the US & the rest of the world, and increasing flow of investment back towards the States suggests that the USD rally will exte
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The Greek situation: Euro on toes? OR gaining silver lining?
The worries for Euro may have diminished, not for the European currency. The EUR/USD major pair, which was expected to go north in no time, is still on its toes. With my trades all in along with hope to remain in top-10 for this contest, things have become what they usually call as 'Hawkish'.
Now, this comes at the time when Kiwi and Loonie have made six year fresh lows. Usually, whenever multi year fresh lows are made, pairs rebound quickly and that's what we traders want to be a part of!!
Afte…
Now, this comes at the time when Kiwi and Loonie have made six year fresh lows. Usually, whenever multi year fresh lows are made, pairs rebound quickly and that's what we traders want to be a part of!!
Afte…
EURO going north in no time
The 1-hour chart is looking friendly for euro bulls with a possible support at the 1.1000 major psychological handle and short-term range support. What makes this setup even more appetizing is the broken falling trend line that just might turn into a support line. Lastly, the 100 SMA has just crossed above the 200 SMA after a couple of days of ranging price action.
Are we seeing the start of short-term uptrend for the euro? After all, Greece’s Tsipras has just received a concrete list of require…
Are we seeing the start of short-term uptrend for the euro? After all, Greece’s Tsipras has just received a concrete list of require…
Who moved my Greece?
No country has ever left the joint currency, which launched in 1999, and there is no mechanism in place for one to do so. If the talks had failed, Greece could have faced bankruptcy and a possible exit from the euro, the European single currency that the country has been a part of since 2002. The eal could pave the way for the European Central Bank to extend emergency liquidity assistance to Greek banks. Without it, they risk running out of cash this week.
Fundamentalist are mentals (in good sense)
The no vote was a way for Greeks to express their feelings to Europe, there’s a certain happiness that the no vote has been heard.
Keep in mind that these nations were at war with each other less than 100 years ago, and most of them don’t speak the same language or have the same backgrounds. How is that supposed to work?
Every nation I’ve ever visited or read about has pride in when their country was on top.
The Canadians talk about repelling the Americans during the War of 1812.
The Italians…
Keep in mind that these nations were at war with each other less than 100 years ago, and most of them don’t speak the same language or have the same backgrounds. How is that supposed to work?
Every nation I’ve ever visited or read about has pride in when their country was on top.
The Canadians talk about repelling the Americans during the War of 1812.
The Italians…