Trading forex currency accountant London market

How To Start Trading The Forex Market? (Part 7)
Wednesday was one of the most volatile trading days in the FX market for

How To Start Trading The Forex Market? (Part 7)

HOW DO Economic Events impact Global Currencies:

When I asked several traders about their thoughts about using fundamental analysis as a part of their trading decisions, I have received two opposite responses.

RESPONSE of Trader A

Fundamentals that you read about are typically useless as the market has already discounted the price. I am looking at (1) the long term trend, (2) the current chart pattern and (3) identifying a good entry point to buy or to sell.

RESPONSE of Trader B

I almost always trade on a market view. I don’t trade simply on technical information alone. I use technical analysis and it is terrific, but I can’t initiate or hold a position unless I understand why the market should move.

There is a great deal of hype attached to technical analysis by some technicians who claim that it predicts the future.

Technical analysis tracks the past; it does not predict the future. You have to use your own intelligence to draw conclusions about what the past activity of some traders say about the future activity of other traders.

For me, technical analysis is like a thermometer.

Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he’s not going to take a patient’s temperature. If you want to be a successful trader in the market, you always want to know where the market is- up down- trending or choppy .You want to know everything you can about the market to give you an edge.

Source: www.stompernetlive.com

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Final debt post

2004-11-19 09:45:11 by Semi

The chart above shows the deficit rose to a whopping US$166.2 billion for the second quarter of 2004. Annualized, that's $664.8 billion, or approaching 6.5% of US gross domestic product. As bad as this seems, it will probably get worse before it gets better. We are locked into a set of "daunting arithmetic", says Richard Berner, an economist with Morgan Stanley. He says, "The daunting arithmetic locks the current-account gap into a vicious circle that is hard to escape." Berner cites several reasons he thinks the deficit will get worse:1) Imports of goods, services and income are 40% bigger than exports. And this ratio is on the rise again.2) Higher US interest rates will increase debt payments to foreign debt holders.3) Iraq war and redevelopment.4) Slowdown in global growth,...

That plan is already in the works

2007-06-11 17:33:56 by welcome2MexiCanAmerica


"Quietly but systematically, the Bush Administration is advancing the plan to build a huge NAFTA Super Highway, four football-fields-wide, through the heart of the U.S. along Interstate 35 from the Mexican border at Laredo, Tex., to the Canadian border north of Duluth, Minn."

"The proposed highway is part of a broader plan advanced by a quasi-government organization called the “Security and Prosperity Partnership of North America,” or SPP.
The SPP was first launched in 2005 by the heads of state of Canada, Mexico, and the United States at a summit in Waco.
The SPP was not created by a treaty between the nations involved, nor was Congress involved in any way. Instead, the SPP is an...

Well, i am all for free trade

2004-07-07 19:25:03 by what-happened-to-the

The dollar hovered near a three-month low against the euro on Thursday, as investors continued to shun the U.S. currency on a firming view that the Federal Reserve could take its time raising interest rates.
The dollar's decline was an extension of the sell-off sparked by Friday's weaker-than-expected U.S. payrolls data and Tuesday's report showing a slower pace of expansion in the U.S. service sector.
Such data bolstered the case that the Fed may be less aggressive than previously thought in following up its recent raising of interest rates -- the first in four years.
"Just a few weeks ago we were faced with a strong U.S. economy, rising inflation, and the prospect of sharply higher interest rates, but last week's jobs data has thrown that scenario somewhat into...

SGX teams up with BlackRock and CIMB-Principal to offer dual-currency ETFs  — Automated Trader
Singapore - Singapore Exchange (SGX) today said it will launch dual currency trading for ETFs on 15 June, enabling investors to trade foreign-currency denominated ETFs in Singapore dollars. CIMB ASEAN 40 ETF, CIMB S&P Ethical Asia Pacific Dividend ETF, …

SGX Launches Dual Currency Trading for ETFs  — MarketWatch
Singapore, Jun 07, 2012 (ACN Newswire via COMTEX) -- Singapore Exchange (SGX) today announced it will launch dual currency trading for ETFs on 15 June, enabling investors to trade foreign-currency denominated ETFs in Singapore dollars.

Will alleged Ponzi schemers call Trevor Cook to testify?  — Pioneer Press
JDFX Technologies was based in Zurich and provided a software platform used to trade foreign currency. Pieron of Mount Pleasant, Mich., has been mentioned regularly in testimony related to Cook's foreign currency trading. Court documents in an SEC case …

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