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Become a FanOne Sentence from ECB’s Draghi sent my position soaring another 70 pips!
Thursday, February 9th, 2012The day the markets have been waiting for…no not the ECB interest rate announcement, strangely enough. It was the announcement, which oddly enough came through ECB’s Draghi at the press conference. He said a lot of course but it was one single sentence that sent our Currency Cross Trader position in AUD/JPY soarning another 70 [...]
Investing in Forex’s Forgotten 15%!
Thursday, February 9th, 2012My publisher is very excited about the niche market that I trade in. Most forex traders don’t spend near enough time in this very profitable niche of the forex market. So I was asked to go into the studio recently and talk to you about this niche, Forex’s Forgotten 15%. You can check it out [...]
The Japanese Yen will Fall in 2012, and Here’s How You Can Profit
Tuesday, February 7th, 2012At the Yen’s current levels, Japanese companies can’t profit on their exports. That’s why 2012 will see a focused effort to drive the yen lower.
Stealthy Yen Intervention…Keeping the Yen at Bay!
Tuesday, February 7th, 2012For those of you that follow my World Currency Watch articles, you’ll remember thta I stated that the yen simply wasn’t acting right…like a freely tradable currency lately and that told me that I felt that the yen was being messed with – propping USD/JPY up above 76.00. Well, last night I ran across an [...]
2012 Could Be America’s Next “Oil War”!
Tuesday, February 7th, 2012The next Oil War could begin sometime this year. While it’s not certain yet…it certainly is becoming a huge possibility as America and Iran keep trying to “one up” each other. It’s like one country moving a Chess piece and the other one countering with their next move…both trying to Checkmate the other. That’s been [...]
Unemployment & ISM Services Data Shows Things are Slowly Improving in the U.S. for Now
Friday, February 3rd, 2012Amazingly, as we get closer to a presidential election, the employment data starts to improve. There were 243,000 jobs added. The unemployment rate continues to slowly head lower, which is encouraging. It came in at 8.3% vs. 8.5% formerly. Also, the ISM Non-Manufacturing (Services) PMI came in much better than expected. Check it out below. [...]
Financial Markets are sometimes…Political
Friday, February 3rd, 2012There are times in the financial markets where they become “political”. What do I mean by that? I mean that politics can be a dominate force more at certain times than others. Not surprisingly, politics becomes a dominate force in the financial markets when “election time” gets close. Why? Well, amazingly, politicians get off their [...]
The Euro is Ugly, But There Is no Breakup Coming
Friday, February 3rd, 2012The Euro doesn’t look great right now, but it’s a safe bet because the Fed is doing all in its power to make sure the dollar looks worse!
Another 140 Pips of Profit Booked Thanks to the Federal Reserve
Thursday, February 2nd, 2012The Federal Reserve has tipped its hand and we’re on the offensive…taking aim at their schemes by making the right trades to combat the effects of inflation and dollar dillution. So far we’ve booked all three trades as winners. They were all plays that benefited from the downward spiral of the dollar and from an [...]
The Retail Forex Trader is on the Wrong Side of the Market Right Now
Tuesday, January 31st, 2012FXCM has a research division called DailyFX. They have a unique indicator that I like to look at sometime. Any of their live clients have free access to it. It’s called the Speculative Sentiment Index or SSI. The thought behind it is to see where retail traders are positioned and take the opposite position when [...]
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