When you should not to trade

While the search for the ideal Forex trading method or system takes up a large portion of a trader's research time, it may be worth noting that, while these are important elements of trading, there is one element which is arguably even more important - knowing when not to trade.

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ECB aims to total control of euro area banks

All banking institutions that are part of the Eurozone, will be inspected from the new building of the European Central Bank (ECB), located in Frankfurt. As it became known, the other not less important structure in supervision of the EU banking sector, will be a special agency, which goal is to affect directly on the banks' activities.

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Forex trading with using GDP data

Economic data releases are essential for a foreign exchange trader. These important economic indicators create volatility, and plenty of speculation is always surrounding them, and The United States' gross domestic product (GDP) is one such report. Not only do Forex traders continue to monitor this important piece of economic data, they use it to either establish a new position or support a current one.

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Summers withdraws from US Fed race

Larry Summers has decided not to fight for the post of head of the U.S. Federal Reserve and thereby not to provoke a fierce battle in the Senate. Summers strongly stands for the deregulation of the financial sector.

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Trade Forex with non-farm payroll

The non-farm payroll (NFP) report is a key economic indicator for the United States. It is intended to represent the total number of paid workers in the U.S. minus farm employees, government employees, private household employees and employees of nonprofit organizations.

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