World Forex

PIPS are important in this work due to US forex market and their payrolls which is most important in this market. However, before you start booing the U.S. economy, you should know that it wasn't all that bad. See, the reading for December was upwardly revised from 103,000 to 121,000, and the average hourly earnings doubled the forecast of 0.2% when it came in at 0.4%. Its much important thing in economic of any country.

Keys for trading is most effective thing which if is created by you so its mean you can use it as long as you can because its not easily trapped by anyone else and for stability in market its important use your own methods. I'm not a big Power point fan so I usually just use Word to outline what I am talking about and to keep me on track.
Followings are my 7 keys:

1). Trading Times

2). Calender

3). Harmony

4). Levels in Play

5). Directional Bias

6). Proximity

7). Market trends & clarity

Its upto you that which key you use where and which time its all up to you and your strategies.

USD is a major powerful currency of the world which is most surrounding and movable and easily acceptable all over the world. Few things remaining good which is its rate and consistency. However, the resistance at .9900 seems to be holding. I'm thinking if I should exit this trade now in case the housing starts report goes in favor of the CAD. You can always catch the down from the high. USD/CAD's pretty much trading sideways on the weekly at present. Its play a a major role in world economic and forex work.

Few factors is in forex market favor like reduction of um-employment is most amazing and working key and factor. Because its increase investment level. Specially foreign investments. Oh yeah! USD/CAD got its party started! I decided to enter the long trade just after the release of labor reports from Canada and the U.S. Even though Canada's employment change report beat expectations and printed a 69,200 increase in hiring, it wasn't enough to keep the unemployment rate from climbing a couple of notches from 7.6% to 7.8%. This ratio is ever best but if un-employment go to zero so its mean forex goes on 200% rate.

Profit is in your interest which is favorable and everyone needed. What I will do is apply the ADX indicator with a length of 18 and use it as a "confirmation indicator." If the ADX is higher than 25, it would mean that price is trending, which means that I could enter once price goes 20 pips beyond the high or low of the crossover candle. So do it yourself is a best policy.

Something to worried about economic condition which is never predictable due to there ups and down of market. This of course doesn’t quite square with the reality we see in almost every other locale in the world. Emerging and developing markets are instituting a mix of rate hikes, capital controls, and price controls to try to quell rising food and energy cost. But those Wiley Chinese leaders have it under control. Solution is to produce fake economic statistics. So please do your best for higher profit.