Broker Leverage Revisions, New NFA BrainJuice
NFA is at it once again, and this is putting me off. Under the new Obama Administration, CFTC and the NFA is having lots of brain juice lately.
Well, in my opinion, the NFA is a bunch of regulatory bureaucratic crap that creates more confusion and regulations based impedance to an otherwise already messy and complicated [...]
Post FOMC Trader Results – Gbp/Usd – 23rd Sep 09
We had FOMC Statement and Feds Funds Rate decision both released yesterday. We all know pretty much for sure that interest rates are going to stay as it is, with it already being near zero.
What was more interesting was what Bernie and Co. had to say about how the economy was doing and what their [...]
Long Term Setup Gbp/Usd – 23rd Sep 09
The Gbp/Usd pair is showing a pattern of high probability. We see a possible head and shoulder pattern which is yet to be completely formed. The left shoulder started on 29th of May, with a repeat bounce off at 8th of June and this rallied on till the 6th of August, where its recent highest [...]
Forex Trading : Quick Riches or a Planned Business
Folks,
I am writing this note with some concern that i have with the general mentality of the market that i see these days. No, i am not referring to the Forex market. I am referring to the traders(or students who want to be traders more so) that are making up majority of the training industry’s [...]
Gold Results Update – 10th Sep 09
The trade result image tells the story. About 500 pips made over 2 days.
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