Author: John Rowa

Trade: Long AUDUSD @ market (now 0.8672)Stop Loss: 0.8565Take Profit: 0.8770 Commentary: Day Trading Strategy. AUDUSD has fallen significantly from its highs in the 0.9300-0.9400 area, presenting a cheaper price to buy. There is...

Non-Farm Employment Change reported a loss of 20,000 jobs for January 2010, worse than expectations of an increase of 10,000 jobs. December 2009’s figure was revised significantly, from -85,000 to -150,000. This was...

The Forex market is currently undergoing a strong bout of risk aversion, leading to major sell offs reminiscent of 2008. The JPY has gained significantly across the board. It appears to have been triggered by sovereign debt...

The Bank of England and European Central Bank left rates unchanged at 0.5 percent. “In the light of the Committee’s latest Inflation Report projections and in order to keep inflation on track to meet the 2% inflation...

The Reserve Bank of Australia left the cash rate unchanged at 3.75 percent, disappointing expectations for a 0.25 percent raise to 4.0 percent. The RBA gave a couple of reasons for no change in rates and what they are looking to...

“Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 5.7 percent in the fourth quarter of 2009, (that is,...

Federal Reserve Chairman Ben Bernanke was reconfirmed for a 2nd term by the US Senate today. The vote was 70-30. This is the most politicized the Fed has become in recent history. The markets will be keeping an eye on how...

The Federal Reserve has left the Federal Funds Rate unchanged at 0 to 0.25%, as expected. Source: http://www.federalreserve.gov/newsevents/press/monetary/20100127a.htm The FOMC Statement: Release Date: January 27, 2010 For...

Selected Excerpt AUDUSD is nearing the end of the descending channel that has been developing on the hourly chart. Look for a break against the main trend of the channel around 0.9000; anywhere within the circle on the chart....

EURUSDTrade: Sell Limit EURUSD (pending order @ 1.4128)Stop Loss: 1.4169Take Profit: 1.4021 Commentary: Daily Limit trading strategy. Today’s signal was sent out near Tuesday night 23:00 GMT. It expires in 24 hours,...