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Thursday 22 January 2009

2009... end of losses, welcome back to Forex

Sorry for my (little number of) readers, I had to stop writing posts in the blog for the past 2 months... I had some trouble with my stocks, now I still remain motivated for Forex. See you soon, I'll be back !

Friday 19 September 2008

Day 1 : EURUSD

My first transactions are on EURUSD, which seems to be the most popular pair.

EurUsd The EURUSD pair confirmed a previous support at 1.4100 before an impressive intraday bull run to 1.4380 levels – confirming the 61.80% retracement support at 1.4115 levels from the bullish move started Sept 11. Breaking initial supprt at 1.4250 and settling at the end of day on the 23.60% retracement at 1.4340. Initial support seen at 1.4280, then 1.4180. While upside resistance at 1.4500 which then leads the way for 1.4800 levels – end of August Levels.

I read a few news (see above), USD seems to go up : unfortunately, I've lost 876€ in 1 hour... (between 2 and 3 in the following chart)

eurusd

What do you consider as the best strategy for me : work on quick (<1h transactions) or longer ones ?

More details to come :-(

Dollar grrrr

Wednesday 17 September 2008

Market reviews and analysis : useful for beginners ?

I have found numerous daily market reviews on the Internet like this one, but still I wonder whether they are useful or not, especially for novices. Do you use them ? What do you think ? For now I think I will focus more on tutorials...


Forex Market Reviews with BForex Analysts (18.09.2008)

They look professional, but are they really ;-) ?

Tuesday 16 September 2008

I'm a Forex beginner

First step for me to enter the Forex world : choice of a trading platform.

So I spent some time on the web, looking for articles and forums for Forex beginners and power users. To start, after understanding the main principles, I have decided to download Demos from two of the main Fx web sites :

Let's have a look on Alpari Meta Trader 4, which is easy to install and to start with.

I have €10.000 (play money ;-) ) to start with.

To be continued, I will tell you more about my first days shortly...

Saturday 30 August 2008

Introduction

Why Forexboulevard.com ? Because this name sounds good and will be my way to success ;-)

I am Charles, 33, living near Brighton in the UK. This is my first blog. I am starting a new adventure : Forex trading (foreign currency market), and I will post news on this blog to let you know about it.

Come back soon, I will tell you more, and maybe we can help each other if you are interested in Forex too. See you in September...