Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
In the midday trading of Asia, EUR/USD breaked through 1.40. The fact Market is worry about the financial deficits may promote EUR/USD to up in a mid-term. Meantime, the rate levels in Euro zone is more attractive. In the currencies of those which can represent USD as an investment choice, the real rates of Euro is the only above zero. So I think the Euro may be further up.
The US dollar has many fundamental reasons to pull back, including: the White House’s auto bailout that may help to boost risk sentiment, the Federal Reserve’s aggressive rate cut last week, and the prospect of quantitative easing that could drive long-term interest rates lower. However, over the next week, the big question is: what sort of price action will we see? With the Christmas holiday looming on December 25, many of the world’s financial markets will close and trading volumes will fall dramatically. Thin markets have a tendency to result in either very choppy or very quiet price action. Given the volatility seen recently, there’s a greater risk that these sorts of trends will continue, but they may ultimately leave the US dollar consolidating above its recent lows within wide ranges.
we can short EU in this week
Seems 1.3800 is a bottom at the moment. I have long E/U, and put S/L at 1.3800.
Please note that trading conditions over the Christmas and New Year Holidays will be changed as follows:
FOREX, Spot Precious Metals:
closing on 24.12.2008 at 20:00 (terminal time)
opening on 26.12.2008 at 09:00 (terminal time)
closing on 31.12.2008 at 20:00 (terminal time)
opening on 02.01.2009 at 09:00 (terminal time)
From 24.12.2008 to 02.01.2008 inclusive:
a) the Maximum Spreads mentioned in Contracts Specifications will be increased by 3 times the normal level (ie eur/usd - 6 pips, gbp/usd 9 pips);
b) levels of Stop&Limit will be also increased by 3;
c) leverage for all accounts will be reduced to 1:33;
The change in trading conditions is due to the thin illiquid market during Christmas week. There may also be periods of greatly increased volatility.
We strongly recommend that you decrease the amount of opened positions, use Stop Losses and maintain margin level above 100%.
The whole FXOpen team wishes you a very Merry Christmas and a Happy New Year!
All brokers will change trading conditions during holidays.
It's risky trading in holidays, it's the better stop trading and have a rest.
During the holidays the brokers will change their trading conditions. But they might also change because of the continues falling and coming up market conditions.
During the holidays the brokers will change their trading conditions. But they might also change because of the continues falling and coming up market conditions.
These kind of temporally changes are on a yearly basis.