The StoryThe StoryThe Holy Grail of forex trading is being able to pinpoint trend turning points accurately, both in price and in time. After several years of development and testing, such a forex signal service is now available for every currency trader worldwide. ![]() My name is Tibor Varga, and I’m a 43-year-old Hungarian fulltime forex trader, technical analyst and market expert. Well, fulltime is a bit of an exaggeration. My entire trading activity takes no more than a couple of hours every month. Of course, I spend a lot more time researching and analyzing the markets, but not because I have to… I do it, because I love it! There is nothing more exciting than deciphering the mysteries of the markets and reading tomorrow’s move out of today’s action! Besides forex trading, which is a passion and a profession, now I have time for other important things in life… |
Log in |
Performance ReviewPerformance Review
Total pips since 01.01.2008: 324,855
|
NewsfeedsNewsfeedsSigns of Cyclical Turn?Equities followed the now familiar pattern of 2012: a more cautious close following earlier gains. Nevertheless US, Euro area and UK bourses looked like closing another week in positive territory, a further testimony to the wider improvement in risk sentiment this year. Unless the last days of the month see
Weekly Focus: Dovish Fed Keeps All Options OpenThe Fed statement was surprisingly dovish in light of recent encouraging US data. We now do not expect Fed to hike the fed funds rate until mid-2014.
In the euro area better-than-expected PMIs suggest that the recession will be relatively mild.
Japan’s trade balance showed a deficit for 2011 as a whole
US: A Soft GDP Report, QE3 More LikelyWhile growth disappointed in Q4 we still see scope for growth in the area of 2.5% in 2012. Consumption growth is underpinned by decent income growth as employment is picking up and inflation has come down. And exports are likely to recover as export markets are recovering slowly. Corporate investment
January Month-End RebalancingOften you may hear about 'month end' flows having a positive or negative effect on a currency during the last few days of the month. Thus, I've decided to take a look at asset market capitalizations in the major market economies to help us try to determine which direction these
Does Weaker GDP Mean Pricing in QE3 and A Weaker USDToday's US GDP data was interesting in that it came in weaker than expected and breaking down the report we see that personal consumption was pretty soft and much of the gain in the fourth quarter came from the restocking of inventories.
Therefore with a soft GDP report the usual response
Feeds by ActionForex.com |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
Our Top signalsSignals
|
ForumLatest Forum Activities
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
InformationAbout UsMost traders in the market have been led to believe that "the trend is your friend" or "you should trade with the trend". This is true, unless the trend is about to end. The problem with the trend-following trading principle, as most traders have learned it, is that once a trend is identified on a chart and traders know in which direction to trade, it will be obvious to all other market participants as well. This means that only very few are willing to take the opposite side of the trade at which point the trend will start getting exhausted, the momentum will weaken, and the price will be ready to turn. |
The Forex MarketThe Forex Market
|
|
|
|

