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Senin, 20 Juni 2011

FOREX NEWS TODAY | 21 June 2011

FOREX NEWS TODAY | 21 June 2011

(MarketWatch) Hangseng Index increased by 0.3% the first session but stay away from intraday high at 21819.44 levels, indicating that buying interest remains weak even though the index has experienced a decline of 8.8% since the beginning of the month until Monday.

"Because most investors still lack confidence in a rebound, especially after a deep correction, investors usually need more time to regain confidence in the market," said Core Pacific-Yamaichi.

How do I read the analysis on forex trading market?

QUESTION:
How do I read the analysis on forex trading market?

ANSWER:

Technically (chart), if prices are rising, then we can open Buy, and conversely, if prices are down then we can open sell. Always use stop loss and profit taking is ideal. for more details you can read materials about the school forex fundamental analysis and analysis tehnical