Monday, June 28, 2010

Do you want to have e-mail alert on forex based on moving average ?

Dear my blog followers,

I have just created an EA that will send e-mail alert whenever there is any moving average crossover, eg MA20 crossover MA50 or  MA20 crossover MA200 etc

I am using 20,50,100,200 period on the moving average.

I will put the EA in chart H1,H4 and D1 only.

As I know some do not own a vps to run the EA 24 hours, I would like to share this EA with you all.

You can e-mail

FOREXYARD Daily forex analysis on 28 June 2010

Headlines
* U.S. Non-Farm Payrolls Week Begins
After a relatively calm trading week, an extremely volatile session is expected starting today. Last week, the Dollar fell against most of the majors as poor housing data weakened the greenback; however this could all change following the U.S. employment data which is expected on Friday. Traders are also advised to follow the ADP forecast which is

Thursday, June 24, 2010

FOREXYARD Daily forex analysis on 25 June 2010

Headlines
Dollar Advances on Riskier Currencies Following Fed Statement
The U.S. dollar traded well against riskier currencies like the AUD and loonie in overnight trading, but at the same time, took some losses on currencies like the yen and euro. Investors are trying to digest the most recent Fed statement and how it reflects the current state of the global economic recovery. Traders can

FOREXYARD Daily forex analysis on 24 June 2010

Headlines
Dollar Weakens as Fed Leaves Rates at Record Low
The Dollar weakened on all fronts yesterday as the Fed kept rates lower than 0.25%. Today, another volatile trading session is expected as the U.S. Core Durable Goods Orders and the weekly Unemployment Claims are scheduled for 12:30 GMT. The end results are expected to be positive; will the Dollar erase its losses?



Economic News

Wednesday, June 23, 2010

FOREXYARD Daily forex analysis on 23 June 2010

Headlines

Dollar Gains as Attention Turns to Fed Rates Meeting
The US currency recovered some earlier gains against the EUR yesterday as stocks turned notably lower in afternoon trading, indicating to fx traders that investors' appetite for riskier assets has diminished. The main piece of US economic news during today's session will be the Federal Funds Rate decision. At the end of their 2-day

Tuesday, June 22, 2010

Forex education : Using Moving Average Indicator

Usually the fundamental is the most powerful, this is how I feel about indicator moving average. It depends on how we use it.



The picture above shows 4 moving average in different colour. Red(20),yellow(50),blue(100) and purple (200).

You can save the indicator setting in template where next time you load the template, it will show the same indicators.

I am not going to explain in details

FOREXYARD Daily forex analysis on 22 June 2010

Headlines
EUR/USD Nears $1.2500, but Declined Sharply Thereafter
The EUR/USD pair almost touched $1.2500 during yesterday's trading session, but declined sharply thereafter, following a rating downgrade. Fitch Ratings' downgraded French banking giant BNP Paribas from AA to AA-. The move increased analysts' concerns about the economy after the day passed with almost no major news events.

Wednesday, June 16, 2010

FOREXYARD Daily forex analysis on 16 June 2010

Headlines
Euro Continues To Strengthen Against the Dollar as Risk Appetite Grows
After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but will it continue?

Economic News

USD
Dollar Weakens As Risk Appetite Soars
The Dollar tumbled

Monday, June 14, 2010

FOREXYARD Daily forex analysis on 15 June 2010

Headlines

Dollar Tumbles as Investors Turn to Riskier Assets
The Dollar slid against its major currency counterparts following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the USD. With recent market optimism, traders may continue to see a small downward trend in the U.S. Dollar as its positions are unwound in exchange for

My personal forex trading thinking/experience/sharing

I have been trading actively since Feb this year. I trade mainly using forex robot/expert adviser.

The reason I use forex robot is because my manual analysis is not that good. Other than that, I lack the time to check the forex market everyday.

Initially, I used Forex Transporter which helped me to boost account balance from $600 to $1200. Then, it caused me to lose $2000.

Then, I change to

FOREXYARD Daily forex analysis on 14 June 2010

Headlines
Dollar Dives on Short-Covering and BIS Report
The US dollar appears to have lost modest ground against its primary currency rivals during short-covering at the end of last week's trading. The Bank for International Settlements (BIS) released a statement on Sunday declaring that while European banks have lowered their reliance on dollar-based assets, there is still a strong need to

Wednesday, June 9, 2010

FOREXYARD Daily forex analysis on 10 June 2010

Headlines Euro Reverses Slight Gains Made Yesterday
After a receiving a slight boost following comments from Fed chairman Bernanke yesterday, the Euro largely reversed its gains in overnight trading versus the U.S. Dollar and Yen. Investors appear to be waiting on news from a meeting today at the European Central Bank as to whether more help will be provided to debt ridden Euro-zone countries.


FOREXYARD Daily forex analysis on 9 June 2010

Headlines
The EUR Pares Gains Following Swiss Franc Rally
The U.S dollar recovered versus the EUR on Wednesday after a swift move lower by the Swiss franc against both currencies. The EUR reversed its earlier gains as European shares fell, with concerns that Euro Zone debt problems would stifle the region's economic growth, keeping investors averse to risky assets.


Economic News

USD
Dollar

Monday, June 7, 2010

Eurozone nations set up US$1 trillion bailout fund

Eurozone nations set up US$1 trillion bailout fundHow long can Eurozone last ? How much it has in the treasury coffer to save its economy ?Last time when I read in local newspaper reported that there were financial groups/hedge funds planning to take EUR/USD downs to 1.0000, I thought it is a joke. Now, it seems will become a reality soon just a matter of time.