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February 4, 2010
The EUR/USD made a big drop down. Our first lot triggered at our take profit of 1.37344 for a gain of 110 pips and $1,107.00. The second lot is still open, as we decided to let it ride to continue to try and pick up additional pips. The pair continued to drop and our lot is currently sitting with a floating profit of almost $1,400.00.
Thats our trade review! Che... read more
Angel Pair Picks
March 9th, 2010
It's March 9th, 2010 and time for our Angel Pair Picks!
We have ... read more
Top Story
Which Way Will The Dollar Go?
The dollar rebounded against the yen and the euro in Asia today as investors bought back the U.S. dollar following its falls last week. But the recovery could be short-lived. The dollar's direction remains dependent on a near-term policy rat... read more
Tradings Tips
Fundamental or Technical Forex Trading?
Many times Technical Trading will completely ignore the Fundamentals, or Fundamental Trading will completely ignore the Technical Indicators. The problem is when you use one without regard to the other, you may be limiting yourself and causi... 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
