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Forex Blogs
The Day Job Trader: Hurry up and Wait by Ryan O'Keefe
Trading a longer time frame involves a lot of waiting. You may not get a trading opportunity every day or even one in a week depending on your trading rules.
FX Market Readings: Expected moves before and after BOE and ECB rate decisions by Dr.S. Sivaraman
Forex Trading Today: IntraDay Corrections Move Into Muted Consolidation Ahead of Data by Tim Salem
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Live Sessions Schedule
How to Get Started Trading Forex
Expert: Mark Whistler
Start: Thu, Jun 4, 15:00 GMT
Type of Session: Webinar
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Jun 4, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jun 4, 10:00 GMT | Multiple Time Frame Analysis To Help Better Your Odds  | Sam Seiden | WBN |  |
| Thu, Jun 4, 11:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
| Thu, Jun 4, 14:00 GMT | What can we expect from NFP? | Adam Rosen | WBN | |
| Thu, Jun 4, 15:00 GMT | How to Get Started Trading Forex | Mark Whistler | WBN | |
Current Session: Europe
Intra−day studies are negative while below 1.4225−1.4245
E−Forex Team − Tuesday's gains were erased on yesterday's decline and the 1.4100 mark provides support now. Intra−day studies are negative and a breach above the 1.4225−1.4245 resistance zone is required to confirm a resume of the uptrend. While trading below the said upside barrier, downside pressure may favor a breach below intra−day floor at 1.4100.
GBP/USD
Currency Majors Technical Perspective − Slight Neutral to Bearish Sentiment is seen in the Consolidation Phase by FXstreet.com Independent Analyst Team
Slight Neutral to Bearish Sentiment is seen in the Consolidation Phase, as Price looks to stay ahead of the Hourly 200SMA/Daily Static Resistance Confluence at 1.6147.
USD/CHF
Forecast on USD Minors − Expect the price to be choppy by Precise Trader
We believe that as long as 10585 is not seen and 10750 gives way expect the price to move up fast.The patterns are not clear but once 10750 gives way expect the price to creep higher.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
EMU ECB INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Jun 4 | 11:45 | ECB Interest Rate Decision | 1% | 1% |
ECB preview: Wait and see from the ECB? by Easy Forex
[ Full Story ]Daily Video Recap - High Yielders Sink Prior to ECB and BOE Decisions and Friday's Jobs Report by CMS Forex
Live Daily Broadcast - Today's Live Show: Focusing on the EUR and the GBP Ahead of ECB and BoE Announcements by AllThingsForex
Top Market Movers Review
Australia TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 4 | 01:30 | Trade Balance | -0.09B | 1.70B | 2.30B |
DATA SNAP: Australia Apr Trade Deficit A$91M (Dow Jones)
Australia's seasonally adjusted balance on trade in goods and services swung to a deficit of A$91 million in April from a surplus of A$2.3 billion in March, the Australian Bureau of Statistics said Thursday. The April figure compares with analysts' expectations of a surplus of A$1.7 billion. Australia recorded a deficit of A$359 million in the year−earlier period.
[ Full Story ]- Read the Trade Balance data at Australian Bureau of Statistics
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 3 | 14:00 | US | ISM Non−Manufacturing (May) | 44.0 | 45.0 | 43.7 |
| Jun 4 | 01:30 | AU | Trade Balance (Apr) | -0.09B | 1.70B | 2.30B |
| 02:30 | AU | RBA's Governor Glenn Stevens Speech | ||||
| 03:00 | NZ | ANZ Commodity Price (May) | 2.7% | 2.6% |
||
| 08:00 | UK | Halifax House Prices (MoM) (May) | -1.0% | -1.7% | ||
| 08:00 | UK | Halifax House Prices (YoY) (May) | -17.2% | -17.7% | ||
| 09:00 | EMU | Retail Sales (MoM) (Apr) | 0.2% | -0.6% | ||
| 09:00 | EMU | Retail Sales (YoY) (Apr) | -2.9% | -4.2% | ||
| 11:00 | UK | BoE Interest Rate Decision (Jun 4) | 0.5% | 0.5% | ||
| 11:45 | EMU | ECB Interest Rate Decision (Jun 4) | 1% | 1% | ||
Educational Resources
Practically, whatever your trading strategy is, market rarely goes exactly as planed. And exit point should be known to the trader, before they do enter the market. Later, as market makes some movements, especially if those movements do not match your plans, possible to exit early than your exit point is, but one thing must remain unmovable: do not exit on emotions. Read Tomas Cedavicius' report!
Related Resources
A Discussion About Exit Strategies - Gabe Velázquez's report
Multi-time frames for entry and exit signals in Forex - Webinar recording
Stop Loss - Tomas Cedavicius's report