Tuesday, January 3, 2012

Forex and Intra day trading

Happy new year folks. I was doing some research today and came across a good blog : http://forexintradaytrading.blogspot.com/2011/08/forex-brokers-spread-comparison.html One of the other intresting things I discovered is live spread comparason for various brokerages and market makers: http://www.fxintel.com/ This lets you compare the spreads while trading and lets you take a call.

Another interesting tool is on good old Oanda:
Study a chart of the latest market activity to identify forex trends. This chart is a consolidated view of economic news, blog commentary, forex rates, OANDA spreads, and technical indicators. Use the filter field to search for specific news items.:http://fxtrade.oanda.com/analysis/forex-market-tracker


Explains all complicated PMI and other market data in a nice way to make sense http://fxtrade.oanda.com/analysis/infographics/


BTW my calls for today for intra day trading only ( maximum of 20 pips):

 USDCAD short
Euro USD long
AUD USD long

Happy trading