Forex trading ranges have exploded over the past few months. The daily average trading range has doubled for all of the actively traded currency pairs in 2008, with some currency pairs even seeing a 200% rise in their average daily range.
However the big explosion in volatility has actually happened in the past 9 weeks. [...]

Posted in Day Trading Currency, EURJPY, Forex News, Forex Technicals, New Zealand dollar, USD/CAD, currency trading ranges, eur/gbp, eur/gbp record high, eur/usd, forex blog, forex book, fx trading ranges, usd/jpy 8 Comments »

The second edition of Day Trading the Currency Market has been released!
If you liked the first edition, you will love the second.

I have added 3 new trading strategies and 4 new chapters and updated many sections.
New Trading Strategies:
1. How to Trade News
2. How to Time a Turn
3. How to Follow the Flow
PLUS
1. Tips [...]

Posted in Day Trading Currency, forex book 1 Comment »

Yen Crosses are all weaker, but USD/CHF is the only pair to make a new 10 day high or low
New 10-day Low

- USDCHF
Checklist092507
The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the current price, the 10-day high, low and whether the pair is trending, turning [...]

Posted in Currency Checklist, Day Trading Currency, Forex Technicals No Comments »

The dollar fell to record lows, so naturally many other currency pairs are also at significant levels.
New 10-day High
- EURUSD
- AUDUSD
- NZDUSD
- EURGBP
- CHFJPY
- AUDJPY
- CADJPY
- NZDJPY

New 10-day Low
- USDCHF
- USDCAD
- GBPCHF
- EURAUD
- EURCAD
- AUDNZD
- GBPNZD
The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the [...]

Posted in Currency Checklist, Day Trading Currency, Forex Technicals No Comments »

New Highs and Lows continued to be made even though markets are relatively quiet.
New 10 day Highs
- EURUSD
- EURCHF
- AUDUSD
- NZDUSD
- EURGBP
- CHFJPY
- CADJPY
- GBPAUD
New 10 day Lows
- USDCHF
- USDCAD
- EURAUD
- EURCAD
- AUDNZD
- GBPAUD
The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the current [...]

Posted in Currency Checklist, Day Trading Currency, Forex Technicals No Comments »