Tuesday, March 1, 2011

Month to Month Change

Here are the changes from February's close compared to January's close for the currency pairs. Cable followed by GBPUSD and then AUDUSD were the biggest gainers. USDCAD lost the most, trailed quite a bit by USDCHF. I'll let people draw their own conclusions as to why but short term rates are not significantly affected by fundamental factors.

© Dianne Fecteau, 2011. No part of this material may be reproduced in any form, or referred to in any other publication, without the express written permission of the author.

My purpose in writing this blog is to show you how one trader, me, makes trading decisions and survives while trading Forex. One of the biggest problems I had when I first started trading was trying to apply the “rules” to actual trades. Another was the psychology—limiting losses and letting profits run. If you study my blog, you’ll see how I deal with both those issues. So my writings are not trade recommendations but rather educational in purpose. You have to decide on your own approach to trading. Remember that trading is risky.

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