Major Currency Quick View
Pair Bid Ask
EUR/USD 1.2708 1.2710
USD/JPY 93.30 93.33
USD/CHF 1.2095 1.2099
GBP/USD 1.4779 1.4783
EUR/CHF 1.5373 1.5377
Monday, October 06, 2008

(Note from Rob: this post was written by guest contributor Maxwell Fox.)

With all of this volatility across all markets and asset classes, it becomes easy to feel overwhelmed and not know what to do next, or even what to look for next.  When prices get so buck wild, it is usually a helpful practice to “back up” and take a wider look at the market. ...Read More

Thursday, October 02, 2008

Last week I did some research about the Non Farm Payroll report, and the overall job situation in the U.S.  

Here's a link to that research.

Enjoy! 

...Read More

Tuesday, September 02, 2008

As I write my next book, I am examining more objective tools for traders.  Tools that can replace or confirm discretionary levels like support, resistance, and trendlines.

There are psychological levels that I call my "invisible support and resistance" level.  These are he "00", "50", "20", and "80" pip levels. (e.g. the current 108.50 level currently trading on the USD/JPY and the 11,500 level on the Dow).  There...Read More

Friday, August 29, 2008

I'm Rob Booker and I'm the Chief Currency Strategist at IBFX. 

Raghee and I will both be posting here, and I'm excited to be doing a ton of research. 

I'll be doing a ton of research on what's moving the markets in the short and long term, and I can't wait to share my findings with you.  I'm just getting settled in (actually, I am moving out to Utah in a week), but I'll be posting some new stuff as soon as I can. Read More