One of the main issues on the agenda in Jackson Hole is the double dip recession – what are the odds? Here’s part of the debate, and the No. 1 reason to be pessimistic. The National Bureau of Economic Research (NBER) is the official body responsible for determining cycles of growth and recession. On one … “Unfortunately Pessimistic”
Category: Opinions
The System Is Perfectly Fine… Maybe You’re The Problem
Guest post from visionsofaffluence.com So you have found a trading system that you believe will take your trading to the next level. You have heard others talk about it and the success it has brought them, so you are sure that it will for you. You completely scrap your current trading plan and prepare to start … “The System Is Perfectly Fine… Maybe You’re The Problem”
Will the US Economy Fall Alone?
US existing home sales were a huge disappointment – dropped by 28% to a rate of 3.83 million. But instead of risk aversion that was seen lately, the markets acted differently, with the dollar collapsing together with stock market. Is the US decoupling from the world? Everybody knew that the housing sector couldn’t really stand … “Will the US Economy Fall Alone?”
Harness the power of Sentiment to Get in on the
One big epiphany I had as a trader after losing money month after month while becoming a slave to my trading platform was that a successful trading strategy must somehow exploit the behavior of the market. I know, obvious, right? It may look obvious, but it may be a bit deeper than one typically realizes. … “Harness the power of Sentiment to Get in on the”
Americans Drifting Away from Stocks – Will the Dollar
In the past 30 months, Americans have moved away from stocks into bonds, according to Investment Company Institute that monitors mutual funds. The last time that this happened, between 1984 to 1987, it ended in a huge collapse of the stock market. Will history repeat itself? Will the dollar leap on such an event? Nearly … “Americans Drifting Away from Stocks – Will the Dollar”
Stand Out And Prosper Or Conform And Fail
Guest post from visionsofaffluence.com There are times when following the pack is great. Like if you’re walking down the street and you see all the people ahead of you turning and running in the opposite direction, its probably a good idea for you to do the same. In fact it’s the natural response and part of … “Stand Out And Prosper Or Conform And Fail”
What Your Mother Never Told You About Trading
Guest post from visionsofaffluence.com If you think that trading is going to be a magic bullet that is going to make you rich overnight with little effort then I’m sorry to have to be the one to break it to you but you are dead wrong. I mean I don’t blame you for thinking that because … “What Your Mother Never Told You About Trading”
Fundamental Overview – Market Movers Last Week –
The U.S. Dollar’s fortunes reversed considerably last week, as the Greenback rallied on increased risk aversion after China showed disappointing import figures. Also helping the Dollar’s fortunes was the FOMC’s indication that the Fed would be buying long term Treasuries with repayments from agency debt and mortgage backed securities. The Greenback gained significantly against all … “Fundamental Overview – Market Movers Last Week –”
[Video] Euro and Yen Bears, Pound Bulls and More
On the weekly interview on Forex TV, I spoke with Julie Sinha about the Euro and yen bears, the Pound bulls and also looked at the major events that will rock the markets this week. Enjoy: Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Get the 5 … “[Video] Euro and Yen Bears, Pound Bulls and More”
3 Reasons Why Impressing Growth Fails to Cheer EUR/USD
European GDP numbers were released today. Germany led the Euro-zone growth with a whopping 2.2%, and also the overall number was excellent – 1%, much better than expected. But the gains in EUR/USD are very limited. Why? Here are three answers. Apart from German growth, 0.9% more than expected, best since the reunification, France also … “3 Reasons Why Impressing Growth Fails to Cheer EUR/USD”