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As you can see many factors have a major influence in the Forex game. Please leave the speculating to the experts unless you trade on the forex as a hobby and don't have a lot of money invested.
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I use very primitive Forex charting methods. Please read 8 hour charts of EUR/GBP with 20 and 40 MA, and read round figures and breakout (from consolidations, then you will realize the method cannot be more primitive than that, but still deadly effective). Buy on dips towards the support and add up on breakout of that consolidation treating the two as one trade with same stop loss and "keep them" as long as the market moves in your way.
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Before you decide to enlist the services of a foreign currency broker, take the time to do some research on the broker and / or brokerage firm. Foreign currency trading has enough pitfalls to avoid without adding a shady broker to the equation. You can make a lot of money trading foreign currencies, but if what the broker says sounds too good to be true, chances are it is.
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Forex and Commodity Market Commentary and Analysis (28 November 2006)
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The euro appreciated vis-?�-vis the U.
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