Fr., May 2 Forex Signals

The following signals were issued today. As you can see the EURUSD and GBPUSD orders performed as expected. The EURUSD position has reached both profit targets already (+51 pips of profit). One more unit is open to capitalize on further price decline. The GBPUSD position has reached profit target P1 (+22 pips of profit) and … [Read more…]

Th., May 1

The following signals were issued but none was triggered and they were cancelled later. There was no action in the market due to the holidays in Europe.

How do you short a currency?

Answer by Dave Hughe: There are basically 3 ways to short a currency:1. You can sell a contract for that currency in a Futures Market.2. You can sell an index of that currency. For example, if you believe that the US dollar is going to weaken, you can sell a US dollar index, which measures … [Read more…]