Disclaimer

Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

Sorry For My Absence

I know that I owe you guys an apology. I’ve not been posting here at all over the past few months. I have no excuses. I simply let my other hobbies and interests take over what little free time I have to write for you here.

I have not abandoned my interest in Forex and my desire to present you with detailed analyses and my opinion of current market trends and events. I plan to resume writing regular posts here in the next few days. It may not be on a daily basis as I used to do but I hope that you will find my posts useful once more and that your trading will improve as a result.

I’m back. See you soon with some Forex news.

July 7th, 2011 | Tags: , | Category: Forex trading | Leave a comment

Forex Big Event Looks Like The Real Deal

I get about emails each week about a new trading robot that’s about to be launched. I don’t have anything against robots in general (only against useless ones) but I often wonder whatever happened to good old-fashioned learning, sitting in a class or in front of the computer and actually seeing a lecture by an expert in the field, sharing his or her knowledge?

If you want to learn from a diverse group of Forex traders in an old-fashioned way, I believe that the Forex Big Event is for you. I know that I was excited when I first read about it. I think it’s a grea initiative.

The Forex Big Event is a 3 day online training seminar which features top Forex experts. The event is run by OptionsUniversity, one of the leading trading education firms online today, and they have really stepped up and gathered great speakers for the event.

Click here to learn more about how you can attend these lectures

Here are 10 of the Forex experts who will present in this year Forex Big Event:

1. Joe Atkins – A well known educator and trading system developer who will talk about how to start trading like a pro.

2. Bill Tainter – A software developer who took part in the recently released Forex Trader Pro system (also by Options University).

3. Dean Malone – Experienced trader and trainer and developer of the Traders Dynamic Index, a sentiment based indicator. Dean will speak about how to measure and use market sentiment in you Forex trading decisions.

4. Chris Lori – A Forex fund manager for a variety of clients, Lori will speak about how to use gaps and inefficiencies in the market to scalp the Forex market successfully.

Click here to learn more about how you can attend these lectures

5. Gary Albrecht – Another member of the OptionsUniversity team, Albrecht will show you how to use his favorite market navigation tool to quickly identify trading opportunities in the market.

6. Norman Hallett – An expert in trading discipline, Hallett will speak about how to gain better control over your trading emotions and learn to make the right decision in the market, based on your system, time after time.

7. Steve Nison – An expert in Candle Charts and how to use them to trade better and safer, Nison will speak about Candle Charts analysis and how to identify Forex trading opportunities with them.

8. Hubert Senters – An independent trader and educator, Senters is a day trader and successful entrepreneur. He will speak about Spot Forex and currency futures.

9. Sunil Mangwani – A technical trading expert who knows how to create simple trading strategies. Mangwani will speak about Fibonacci ratios and how to work with them.

10. Cecil Robles – A trading mentor and educator. Robles will talk about trend trading in your day to day trading routine.

 The Forex Big Event is not expensive as you might think. Normally, this kind of event will cost thousands. However, the Forex Big Event is for independent traders, beginners included, which is why it is open for less than $50. I believe that this is a great price for so many lectures that can help you become a more successful trader in 2011 and beyond.

Click here to sign up for the Forex Big Event for a low low price

February 17th, 2011 | Tags: , , | Category: Forex News | Leave a comment

3 Reasons For The Euro Rally

lifting the euro cartoonThe Euro is going through a nice rally over the past week or so. Today, it even achieved a two-month high versus the US Dollar.

The gains in the Euro are the topic of today’s post and I want to share 3 possible reasons of why the European currency is rallying and why the Greenback seems to be wavering.

1. The Egypt Situation Is Calming Down

The past few weeks, the entire world was riveted by the images of the popular uprising in Egypt.

Among talk of democracy and human rights, there was (and to an extent is) great fear that this crucial country will destabilize and perhaps turn into a quasi-Iran like nation. Certainly, any turmoil in the country through which the Suez Canal flows is enough to send oil prices rocketing and creates a lot of uncertainty and fear.

Well, Egypt seems to be stabilizing. President Mubarak has been ousted, protest had dwindled, and the army seems to have taken control of the country. While the future of Egypt is still unclear, for the time being, things seem to have stabilized. This means that people are flocking less to the Dollar and are looking for other currencies to invest in, one of these being the Euro.

2. The growth reports of Germany are encouraging.

The Eurozone’s biggest economy is leading Europe in growth data for 2010 and sentiment within Germany is also positive.

Germany truly sets the tone for the entire Eurozone, so good news about it make the Euro a much more attractive currency.

In addition, it’s been a long time since we heard of major economic problems in any Eurozone member. While Greece and Ireland did require a bailout in 2010, other troubled Euro members seem to be holding their own… at least for the time being.

3. Stocks Are Rising Dollar Falling

It’s been this way (for the most part) since the crisis of 2008: the Dollar is considered a haven currency. People go to it when things look scary.

Good economic data in the US along with reports of high earnings by major companies create a positive atmosphere in the markets. At the moment, fear is lowering and so the attraction of the dollar is weaker. The Euro is the major beneficiary.

Will this trend continue? Only time will tell. The situation in Egypt is fragile. Things can change quickly.

February 16th, 2011 | Tags: , | Category: Forex News | Leave a comment

Is 2011 Really a Good Year For Forex?

One of the ways in which Forex product developers and people who want to sell you Forex products try to get you to buy their products is by creating a sense of urgency. They usually say that this exact moment in time is an excellent Forex trading opportunity and that you should rush to take advantage of it. Often, they link this so-called opportunity to other things which are going on in the market such as a fall in stock prices, a rise in oil prices, or some political turmoil somewhere in the world.

You may have already heard claims that 2011 is a key year for Forex and that you’d be a fool not to start trading heavily in the market. You were probably told this as part of some new product being launched.

I’m telling you to take a deep breath and relax. The Forex market isn’t going anywhere. It will still be here in a month or two. And no, there is nothing about 2011 or the present time that make this an exciting or more profitable time to take part in Forex trading. The truth is that you can wait. You can choose to spend more time thinking about trading or learning more about the market at your own pace. If you’re not ready to trade then don’t. Nothing will happen.

The basic truth remains. The Forex market does offer a venue by which you can make a lot of money. This is the very nature of the market. There are opportunities in it on a daily basis. However, this doesn’t mean that you need to hurry if you’re not ready. Don’t let anyone pressure you into buying a product when you’re not ready for it. Take your time and trade when it suits you. Not when it suits anyone else.

February 12th, 2011 | Tags: , , | Category: Forex News | Leave a comment
 
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