http://www.financealley.com en-us editorial@financealley.com Most trading is done using some type of technical analysis. There is an almost infinite number of indicators which can be used in myriad of ways. Trend lines, retracement levels, Fibonacci numbers, Elliot wave analysis, candlestick patterns, point and fig... http://www.financealley.com/article_682472_77.html 05th November 2008 It is hard to believe, that events in a small country with a population of just 320,000 people could have world wide effect. Flooded with a deluge of information during first 10 days of October, most traders probably didn't even register what was happeni... http://www.financealley.com/article_663004_77.html 13th October 2008 All of us who trade financial markets continue our education. We do it by reading books, periodicals, attending trading seminars and conferences. Just about all of us have a favorite trading book or author. Most of these people are, or have been, profess... http://www.financealley.com/article_657046_77.html 06th October 2008 Everybody who even perfunctory follows the news must have heard about the string of terrible financial developments in the United States. More and more investment and banking companies are going bankrupt or are being threatened by spreading credit cri... http://www.financealley.com/article_651525_77.html 29th September 2008 Over last few years we have witnessed historic drop in US dollar. Many currencies found themselves in a prolonged up trend, some of them reaching dizzying levels. Most notable has been Euro, which moved into all time high of over 1.6000. Canadian dollar ... http://www.financealley.com/article_643695_77.html 22nd September 2008 This is a follow up to an article "Australian Dollar top" from late May this year. That article pointed to a major top forming on longer term charts and a strong possibility of a meaningful correction to 0.8600-0.8500 area in the AUD-USD pair. This target... http://www.financealley.com/article_625228_77.html 08th September 2008 It has been only couple of months when financial press was lamenting the fate of US dollar. All time or multi year low against many currencies, credit crisis, housing market in shambles, nightmarish deficit. Seemed like every news hitting the wire was wor... http://www.financealley.com/article_622312_77.html 05th September 2008 All financial markets exhibit some seasonal tendencies. These behaviors are more visible in some trading instruments, while others are subjected to less of an impact. Generally speaking, these patterns are considered important enough, that an entire "scie... http://www.financealley.com/article_615463_77.html 02nd September 2008 China is making business headlines everywhere we look. It has the largest population, the fastest growing economy, the biggest export/import imbalance, most imposing foreign reserves. And, by many accounts, the most undervalued currency, which is, in par... http://www.financealley.com/article_604613_77.html 20th August 2008 The explosion of over the counter Forex trading led to increased competition on part of brokers. Over last few years trade execution has become much better, spreads went down and trading platforms have seen dramatic improvement in performance and functio... http://www.financealley.com/article_598582_77.html 14th August 2008 There is a lot of ways to trade Forex market. Some people are attracted to participate in it because of its long lasting primary trends. Others like large leverage available. Others still might like 24 hour nature of this markets, while yet another ano... http://www.financealley.com/article_591063_77.html 26th July 2008 With oil prices seemingly reaching new highs daily, a lot of Forex market participants have been trying to use this fact as a proxy for currency trading. General consensus is that some national currencies are correlated, to some degree, to major commod... http://www.financealley.com/article_583760_77.html 22nd July 2008 Popularity of Forex trading is bringing hundreds, if not thousands, of new traders into the markets every day. Most of these new participants are introduced to currencies because they purchased a trading book, course or some other tool which promises t... http://www.financealley.com/article_577381_77.html 16th July 2008 With financial markets in turmoil, press is full of speculation regarding US dollar and Euro. A lot of coverage is given to unprecedented commodities boom, especially record prices for oil and grains. Precious and industrial metals also draw a lot of atte... http://www.financealley.com/article_567212_77.html 01st July 2008 For a number of years US economy has enjoyed a relatively low inflation rate. According to official statements, annualized inflation over last decade or so has been in very low single digits. Depending on the source and method of calculation, the rate ha... http://www.financealley.com/article_561206_77.html 23rd June 2008 The carry trade is an investment strategy involving basic arbitrage between interest rates. Any Forex transaction comprises of simultaneously selling one currency and buying another. Object of the carry trade is to sell a currency with a low interest rate... http://www.financealley.com/article_556675_77.html 17th June 2008 Very quietly and almost unnoticed by financial media in US , the European Central Bank has reached an important milestone - 10 year anniversary. The ECB came into being June 1, 1998, as 11 European countries drew closer to merging their currencies. The Eu... http://www.financealley.com/article_551993_77.html 06th June 2008 Federal Reserve Bank's role as a market stabilizing force has been taken to new highs over last few months. In the aftermath of the "housing market bubble" and "credit crunch", popular media and Wall Street executives were pleading, well, demanding, f... http://www.financealley.com/article_547269_77.html 25th May 2008 Over last few weeks, some of the strongest behaving currencies have experienced measurable corrections against US Dollar. After marking all time highs, Euro pulled back about 700 pips and Swiss Franc bounced almost 1000 pips, Japanese Yen lost 900 pips.... http://www.financealley.com/article_542627_77.html 21st May 2008 We all know that prices of certain products and goods have reached the highest levels ever. Most people notice it daily during trips to a gas station. Four dollar a gallon gasoline certainly draws attention. Everybody is also aware of the fact, that U... http://www.financealley.com/article_532182_77.html 08th May 2008 For years now we have been witnessing, and even participating in, an unprecedented weakness of American Dollar. Since 2001 EUR went from about 0.8200 to 1.5900 last week against USD. That is, Euro almost doubled its value, or Dollar lost about half. This... http://www.financealley.com/article_501360_77.html 01st April 2008 Historically, central banks of just about every country, used to hold gold as national reserves, or some kind of last resort source of funding. That also was a storage of country's wealth. To some degree it's still true, but is not practical on a large sc... http://www.financealley.com/article_222932_77.html 04th October 2007 Over last couple of years there was a lot of discussion in Forex trading circles about Canadian dollar and oil prices. Why? Canada is major producer of oil and with surging oil prices people have been trying to find a correlation and take advantage of it... http://www.financealley.com/article_216348_77.html 21st September 2007 For last few years there has been few, if any, surprises, when it came to FED interest decisions. We enjoyed long a steady period of gradual rate increases, followed by a prolonged time span of no action policy. For most part these outcomes have been expe... http://www.financealley.com/article_214741_77.html 20th September 2007 Entire libraries have been written and published on a subject of trading mistakes. Just about every trader with some experience has his own list of pitfalls. They can vary from under capitalization to over leveraging to lack of general market education. W... http://www.financealley.com/article_207589_77.html 28th August 2007 There are some currencies known in financial circles as “commodities currencies”. Their fortunes seem to be rising an falling in tandem with prices of raw materials. These are the “other dollars” CAD, AUD and, to a smaller degree, NZD. These c... http://www.financealley.com/article_206415_77.html 24th August 2007 For those who trade currencies and Yen crosses in particular, last three weeks were truly eventful. We witnessed, or even participated in, very large moves. These kind of of moves were experienced for the first time by most current Forex traders. Why? Cur... http://www.financealley.com/article_203949_77.html 21st August 2007 Most newcomers to currencies markets are trying to trade it on very short time frames. Seems like everybody wants to focus on 15M and even 5M charts. While it's certainly possible to trade short term moves, and be successful at it, there is number of ser... http://www.financealley.com/article_202501_77.html 16th August 2007 In the previous article we covered some of general attributes of trading Forex. Those included liquidity, long term trends, availability of information or fundamental news, 24 H access and Forex as a tool for diversification. Here we are going to look at... http://www.financealley.com/article_201127_77.html 14th August 2007 With the easy access to some better known financial instruments, what are the reasons people trade Forex? When a person wants to enter trading arena, one of the most important questions is “What should I trade?”. There is an overwhelming choice ... http://www.financealley.com/article_199212_77.html 08th August 2007 Forex , just like any financial market, is effected by a plethora of factors. Among many influences is economic data. That data is available to the public during economic news releases. Economic data is collected and distributed by numerous of sour... http://www.financealley.com/article_196335_77.html 02nd August 2007 Almost all newcomers to the currency trading start their journey with the so called “majors”. And not surprisingly so. These instruments are the most popular, most liquid, and most prominent. They are also all dollar based. What are the “ma... http://www.financealley.com/article_194662_77.html 31st July 2007 For the last couple of years or so, the buzz word in Forex circles has been the “carry trade”. In fact, it has become popular enough, that even CNBC gave it a mention on number of occasions. What is a “carry trade”? In a nutshell, it’s... http://www.financealley.com/article_191765_77.html 25th July 2007