It is several months that the media emphasize that the economic crisis is ended and the world economy is improving. On the other hand, all the well-known and experienced economists were used to say that this was not true and the crisis would be continued and it had not showed its impact on several countries yet. Read the rest of this entry »

Barack Obama Asian trip which is the most important events of the week and was started 4 days ago from Tokyo and continued with attending APEC members meeting in Singapore, Read the rest of this entry »

Doji is the most famous candlestick Among all different kinds of candlesticks and Doji Star is the most famous Doji pattern. I have already published an article about Read the rest of this entry »

Since last week, we have started to have some Forex market analysis on Forexoma public area. It is a big help for those who like to know how we analyze the market and how our analysis and predictions work. Read the rest of this entry »

Price goes up and down because of the behavior of the traders. When there is a higher demand for a product, its price goes up and visa versa. On the Forex market, when most traders decide to Read the rest of this entry »

61.80% Fibonacci level showed its power once again. Among all Fibonacci levels, 61.80% and 161.80% levels have the strongest effects on the markets. Or I’d better to say that Read the rest of this entry »

Trading without stop loss is the biggest mistake a trader can make. This is what you read on any website, weblog, article, e-book and… . Although they do know that this is a big mistake, almost all novice traders make this mistake at least once. Read the rest of this entry »

Excessive Euro appreciation against USD has made the economy ministers of European Union so worried and angry, specially in 16 European countries that Euro is their currency. Since March 2009, Euro value is increased up to 20% against USD. EUR/USD rate is now 1.4718 whereas when Euro became accepted as the currency of 16 European countries at the beginning of 2000, EUR/USD rate was 0.8200. Read the rest of this entry »