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Day Trading Articles News

Forex Strategy Corner: Bollinger Bands Techniques for Trading

Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading. The key question to ask of any forex analysis technique is nonetheless clear: how effective is the Bollinger Bands indicator as a forex strategy?

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Markets have a muted closing

The markets did not make any headway in this trading session. In what was almost a mirror image of the previous day’s proceedings, the markets traded in a narrow range of about 100 points before ending with marginal losses.

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Deals of the Day: H-P Raises 3PAR Bid to $33 a Share –Going Once, Going Twice…

Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private equity.

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Your Source for Daily FOREX Market News and Analysis

Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading.

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Euro, British Pound Rally Against the U.S. Dollar Ahead of the U.S. Nonfarm Payrolls Report

The Euro extended its three day advance against the U.S. dollar ahead of the highly anticipated nonfarm payrolls report from the world’s largest economy. Indeed, we may see whipsaw price action ahead of the report as the currency market looks for direction.

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