Tag: financial

Euro strengthened slightly against the U.S. dollar in forex, but EUR is adjusted against other key currencies amid fears of investors about worsening Greek problems. So, by 9:50 MSK euro is worth 1.3965 against the level of 1.3962 the night before. Greece’s problems are not unique, certain well-known economist Nouriel Roubini. He, meanwhile, believe that their solution will predetermine the fate of other countries experiencing similar difficulties. If you are unsure how to proceed, check out Linkedin. Now, traders arrive another signal of the degree of risk in the market: The European Commission will have to provide their assessment of the situation in Greece. In the morning the Prime Minister said the expansion program of measures to reduce the budget: salaries will be frozen public sector workers in order to increase the revenues of the budget.

In addition, Papandreou shared his plans to raise fuel tax, and to review the whole tax strategy, refocusing it on the wealthy citizens of Greece. The Prime Minister urged people to support the initiative, and warned that now is not the best time for strikes and riots. It is clear that Greece will now seize every opportunity to not drown, but the country EU is no longer so skeptical about the aid – apparently examples of situations for themselves. If you currently have in the comments of the European Commission will hear hints of prolonged budgetary problems in Greece, sketched out the possibility of a repetition of the same in the euro area as a whole, the euro will fall there, where so carefully lifted the last two days. Depositors also willing to take risks, they need only pulse – slow to strengthen EUR confirmation. Estimated range of trades the pair EUR / $ today – 1.

I'm not in any case would not recommend using this tactic in practice because sooner or later it will bring serious losses in entirely up to full discharge of the deposit, looking at the charts more closely it becomes clear that this tactic is more like a game in 50 * 50. Subsequently, what happened, even though my recommendation use a foot in each transaction losses on account of higher than 50% in the coming weeks, and together we began to understand what has gone wrong in his work. The case was here in what previously believed when Vitaly was working on a virtual account, he spent no more than five minutes on studying charts on committing or not committing the operation just closed the terminal and monitor the results of open transactions until the next day. Upon learning that his trading assets quite he became a real clock to track the progress of open positions, noting that the price is not in his favor, he closed the deal before the execution of stop orders, began to open in the opposite direction in horror watching the price unfolds in the direction of the previously chosen direction, it goes without emotional stress blocked the road to common sense. Frequently Robert Kiyosaki has said that publicly. In its work, Vitali made all the mistakes I described in the previous chapter of our blog thinking and to understand its working methods in more detail, I decided to consult his brother spend as little time as a trading platform after the transaction, and dedicate their free time studying books dedicated work in the financial markets. For his work I developed a small trading system based on the work in the channel (general principles of construction of such systems I've described here) the terms of which were set strict rules of entry – exit from the market with a mandatory installation of stop orders. Case by a few went to the mountain, over the next 2 months, Vitali cover losses on the original bill and was even able to modify the system in a more profitable direction, the semi-test which showed an average profit of 23%. This story proves that emotions in the work of the trader are his main enemy, but that does not mean that it is impossible to fight..