Cloud Control Review – Does Jason Fielder’s Program “Work”?

April 5 2012 by Spencer McKay in Forex Online |No Comments | Tags: Cloud Control, Fielder’s, Jason Fielder’s

Forex traders who are seeking something different in a trading platform may want to take a close look at Jason Fielder’s Cloud Control. Fielder, a hedge fund trader by nature, claims to reveal the system used by banks – one that combines five different indicators that work together in order to precisely identify high probability trades.

Fielder states that he has essentially reverse engineered this particular system and has stated that it will work in any market and for any time frame because of its ability to catch an extremely accurate set up that is used by large hedge funds. He

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Dollar Rises as Safe Haven

April 4 2012 by Spencer McKay in Forex Online |No Comments | Tags: Haven, Safe Haven

US dollar is rising today, gaining as forex traders see it as a safe haven as risk aversion sets in. Concerns about China are on the rise, and commodities are pulling back. Equities are also lower today.

The result of all this uncertainty and fear is that forex traders are looking for stability. The US dollar is still the safe haven currency of choice, due to being backed by the most stable taxpayer base in the world.

Today, with concerns about what’s next, and without an influx of good news to bolster risk, greenback is headed higher. It will be interesting to see what’s next for the markets, and what direction things take moving forward. 

Commodities Sink as Euro Crisis Fears Return, Fed Chatter Key Ahead

April 3 2012 by Aidan Creal in Forex Release |No Comments | Tags: Euro, Sink Euro

Commodity prices are sinking in European trade amid broad-based risk aversion following comments from Standard & Poor’s analyst Moritz Kraemer warned that Greece may have to undergo another debt restructuring. A disappointing set of Eurozone confidence indicators compounded the dour mood across exchanges, renewing worries about the impact of a now widely expected recession in the region on global growth at large.

Perhaps most ominously, Mr Kraemer noted that official creditors (presumably including the ECB, which owns substantial Greek bond holdings and sat out the most recent PSI outing) will need to take part. H

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EUR/USD Signal March 30, 2012

March 31 2012 by Milla Schmidt in Forex Tips |No Comments

By: Fadi Steitie

Currency:EUR/USD Trend Expected Direction: Down within a falling channel. Method: Elliott Waves and Fibonacci Trading. Description: Again with a leading diagonal pattern completed its fifth (e) wave down to 1.32520 followed be a correction Zigzag hits 0.764 Fibonacci level at 1.33400 with extended Zigzag reached 100%. Trend jumped a little higher forming a Tweezer Top Candles as shown in black circle. However, I do believe this cycle is wave (II) or (B) ends and further drop for larger wave (III) or (C) is coming on the way! I am going to short the pair looking for further drop. Good luck on this trade.

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GBPUSD Daily Forecast: March 28

March 26 2012 by Aidan Creal in Forex Release |No Comments | Tags: Forecast, Forecast March

GBPUSD  Forecast The GBPUSD attempted to push higher yesterday, but closed lower at 1.5951 after unable to break above 1.6000. The bias is neutral in nearest term. Overall price is still in a bullish intraday phase since the false breakdown below 1.5650 but still need a clear break and daily close above 1.6000 to continue the bullish scenario testing 1.6129/50 area. Immediate support is seen around 1.5925/00. A clear break below that area could trigger further bearish pullback testing 1.5850 and keep price inside the range area a little bit longer.

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