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June 1, 2010
Hi everyone! It's June 1st, 2010 and I want to review our trade action from today...
The EUR/USD made a big drop down. Our first lot triggered at our take profit of 1.2148 for a gain of 110 pips and $1,095.00. Unfortunately, the price reversed. But our trailing stop had followed the price all the way to 1.21535, and we were stopped out for an additional gain of ... read more
Angel Pair Picks
June 1st, 2010
It's June 1st, 2010 and time for our Angel Pair Picks!
We have several indications of trades today.
We are showing indications of potential shorts ... read more
Top Story
Signs of Deflation You Might Not be Able to See Clearly
The following market analysis is courtesy of Bob Prechter's Elliott Wave International. Elliott Wave International is currently offering Bob's ... read more
Tradings Tips
Dont Trade Forex With Scared Money
Trading Forex can be risky. More than 90% of retail Forex traders lose money, and ALL traders will lose trades from time to time. Don't trade with money you can't afford. Just like gambling, put yourself in the mindset that any money you use... read more
Daily Market Recap
Ashley here on March 02, 2009, with the Pips Angels regular Market Recap.
EUR/USD gapped down from Friday's close. Opening at 1.2613, the price continued its downward momentum and closed at 1.2561, down 52 points for the day. The downward trend is likely to continue for another few days.
GBP/USD also opened below its prior close on Friday. It continued down to a low of 1.3956 before rebounding a little to close at 1.4034. This was down 280 pips from Fridays close. Especially considering the recent drop in the US equities markets, we could see this pair continuing to fall, perhaps t... read more
