Forex Signal

Whether you are a beginner or a seasoned trader, we have a service to fit your needs. Do you have a hard time understanding when to get in the market, or is your exit points that need help? There are hundreds of forex signals services on the market, but most are not worth a dime. We only work with the best. We screen them with the strictest parameters - ensuring their performance is real.

These signal providers may send signals by e-mail, voice, cell phone, or a live trading room. We will provide you with a list of the best Forex services available to best suit your trading needs.
Some traders prefer an auto trade type of system which does the trading for you, like FX-System Center, an excellent way to go. We work with a number of providers of auto-trade services which include state of the art software that will execute trades in the Forex market for you. You can learn to trade many different styles throughout the trading day. You can join live chat sessions with live calls in voice chat rooms with professional traders and learn how to trade the Forex market yourself. The options are all available, and now you know where to look.
Forex Brokers
Finding the right Forex Broker may be the difference in coming out ahead in the long run. FX brokers are your sole connection in this huge market and you have to put a lot of faith in them. We provide you with the top forex brokers and broker reviews to help you decide during this selection process.

Forex Rebates
What are Forex Rebates? FX Rebates are a payout for the volume of trading you run through your Forex Broker. These rebates can add up to a significant amount capital if you are trading in the Forex Market. If you are going to trade, you might as well get paid to trade. You are going to pay a spread or commission either way you look at it, so it only makes sense to earn Forex Rebates as you continue your trading.

Forex news trader

Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each year.

Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.

Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade - as the odds will now be tipped in your favor.

Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.

USD/JPY Daily Commentary for 5.4.09

The USD/JPY is trying to build on Friday’s bounce, flirting with the idea of retesting 100 while the S&P futures battle their own demons at 900. Unfortunately, yesterday’s run was backed by light volume, meaning the currency pair’s current upswing could be short-lived. The USD/JPY encounters its first test in our 3rd tier downtrend line, followed by March highs. We notice a head and shoulders formation with the USD/JPY on its right shoulder as we type. Therefore, bulls will be looking for any near-term upward movement to be supported by heavy volume if the currency pair is ready to surpass 100 and April highs.
While the upside has its apparent hurdles, the downside is backed by our 2nd tier uptrend line and the resilience the uptrend has shown thus far in 2009. The USD/JPY’s re-approach of 100 comes with the S&P futures attempting to climb above their critical 900 level. Therefore, the significance of the moment is relayed by each as investors await Thursday’s ECB meeting and the release of America’s stress test results.
Fundamentally, we find resistances of 99.79, 100.56, 101.43, 102.14, and 103.15. To the downside, we see supports of 99.20, 98.56, 97.98, 97.11, and 96.33. The 100 level serves as a key psychological barrier with 95 acting as a psychological cushion. The USD/JPY is currently exchanging at 99.42.

Trade Idea: USD/JPY - Sell At 95.50

Despite rising to 95.90 last week, the subsequent sharp retreat from there on Friday suggests a top has been formed there and correction to 94.01 support is likely, however, the greenback should find renewed buying interest above 93.81 (50% Fibonacci retracement of 91.73 to 95.89) and bring a rebound later but said resistance should continue to hold and bring another decline.

In view of this, we are still trading both sides of the market, buy on further fall towards 94.01 or sell on recovery to 95.40. Only a clear break of 96.15/20 (the confluence of 100% projection of 91.73 to 94.80 measuring from 93.09 and 61.8% Fibonacci retracement of 101.45 to 91.73 at 96.16) would extend recent upmove to 96.60/70. Below 93.81 would indicate the rise from 91.73 is over, then decline towards 93.09 support would follow.

Trade Idea: GBP/USD - Buy At 1.6665

Recent upmove gathered momentum after breaking 1.6587 resistance last Friday and the British pound rose to as high as 1.6780 this morning before easing. Friday’s rally caused the Tenkan-Sen to cross above the Kijun-Sen, providing a buy signal and although pullback to 1.6665/70 cannot be ruled out, the Tenkan-Sen (now at 1.6626) should hold and bring another upmove later towards 1.6830/40 but price should falter well below 1.6915 (100% projection of 1.5983-1.6587 measuring from 1.6338)

In view of this, we are still looking to buy cable on pullback and only a clear break below 1.6627 (50% Fibonacci retracement of 1.6474 to 1.6780) would defer this bullishness and risk correction towards the Kijun-Sen (now at 1.6559) which is likely to hold from here.

BSE Picks Up 15% in United Stock Exchange

The Bombay Stock Exchange (BSE) has revealed that it has purchased 15% stake in the United Stock Exchange (USE), a new entrant in the currency derivatives space.

The sources said that the company, which is having a paid up capital of Rs 150 crore, will now function as a BSE group company. BSE's investment will be Rs 22.5 crore, a 15% of the paid-up capital.

The sources further added that HDFC, Bank of Baroda, Federal bank, Union Bank of India, Allahabad Bank and Bank of India are existing shareholders of USE.

BRITISH POUND / US DOLLAR