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02.29.2012 · Australian · Cross · Dollar · Pick

The Canadian dollar pared the advance from the previous day, and the USD/CAD may break out of the upward trending channel carried over from the previous month as it comes up against the lower bounds of the range. Meanwhile, the Swiss franc appears to have carved out a near-term top in June, and the rebound in the USD/CHF should gather pace in the coming days.

Canadian · Current · Dollar · Gather · Pace · Rebound · Threatens · Trend · USD/CHF

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EURUSD · GBP/USD · Scalping · Strategies · USDJPY

Risk aversion is in full swing as leverage unwinding, the end of stimulus regimes and a downturn in economic activity meet for another perfect storm. Yet, where the S&P 500 and AUDUSD react to the flight from losses; EURUSD is holding out for a true break in underlying financial and credit conditions.

Capital · Collapses · Crisis · EURUSD · Looks · Panic · Speculative

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Anticipation · Exposure · High · LTRO · Opportunities

fxcm.com Learn how forex traders can receive Price Improvements from FXCM from weekend gaps. www.fxcm.com Price Improvements on Weekend Gaps FXCM’s enhanced No Dealing Desk model, which now includes Price Improvements, can help those who trade weekend gaps make more money than before. Here’s how. Let’s assume that it’s Friday, just before trading closes, and the EUR/USD pair is trading at 1.2510. The pair has been approaching this important resistance level for weeks, but has always been unable to break through. And you’ve been trading these short moves up, taking profits near resistance, for some time. Over the weekend, the G20 economic policy meeting is taking place, and you’re confident that the outcome is going to be very positive for the Euro-zone. If your prediction turns out to be correct, you believe that the Euro should get a significant amount of support when trading opens on Sunday — enough to push the EUR/USD through resistance. So you decide to leave a long position on the EUR/USD open through the weekend and you place a limit to take profits just outside this resistance area, at 1.2550. The G20 results are just what you wanted, giving a big boost to the Euro. When trading opens Sunday, the EUR/USD pair gaps 40 pips beyond your limit price to 1.2590. Previously in this situation, your limit would have closed at the limit price if liquidity was available — in this case, at 1.2550. But with FXCM Price Improvements, your limit fills at 1.2590 providing you an …

during · Forex · FXCM's · Gaps · Improvements · Price · Trading · weekend