August 29th, 2008 by
Americans, faced with rising unemployment, the largest increase in prices in 17 years and falling home values, are cutting back on big-ticket items like automobiles and furniture
Excerpted from:
U.S Dollar falls on speculation that consumer spending slowed
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August 29th, 2008 by
The stock market is down, yet options activity is up. That means that many are finding themselves taking control of their assets and getting into the Wall Street game of leverage. Leverage can provide great opportunities for many looking to increase their returns and hedge against market risk. Unfortunately, with the wave of options activity, we’ve seen many firms offering high-priced seminars that don’t give the buyer what they think they’re getting.
Original post:
Options Trading - Avoid High-Priced Seminars
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August 29th, 2008 by
I won’t lie; the Forex Blog is admittedly Dollar-centric, in that developments in forex markets are usually assessed relative to their projected impact on the US Dollar. Sometimes, we forget that their are other currency pairs that move irrespective of the Dollar. Take the Australian Dollar and New Zealand Kiwi, for example. As both currencies are backed by high interest rates, they have benefited equally from the carry trade and as a result, they behave quite similarly. Combined with the fact that they are practically neighbors, it’s easy to forget that there are unique circumstances that weigh separately on them.
Over the next 12 months, both countries’ Central Banks are expected to significantly lower their benchmark interest rates as a result of slowing economic growth. However, as New Zealand does not have a large stock of natural resources to depend on in times of economic turmoil, it is projected to lower rates quite sharply, compared to Australia. Accordingly, the Australian Dollar may represent a buying opportunity against the Kiwi in the near-term. Bloomberg News reports:
New Zealand’s dollar is likely to fall 8.7 percent to NZ$1.33 versus Australia’s by year-end as the nation’s economic slowdown accelerates, boosting prospects the RBNZ will lower borrowing costs…according to RBC Capital Markets.
Read More: Buy Australian Dollar Calls Versus New Zealand Dollar, RBC Says
Source:
Australia, New Zealand to Lower Rates
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August 29th, 2008 by
With the persistent downward movement in the global stock market,the allocation of some portion of investment capital to futures trading can provide a means of archieving greater portfolio diversification and a potentially higher overall rate of return on investments.Unlike investment in equity,a trader in futures market can make money when the market goes down as well as when the market goes up.There are also a number of ways futures and options on futures can be used in combination with other investments to pursue larger profits or to limit risks.
Originally posted here:
Trading The Global Futures Market For Wealth Creation
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August 29th, 2008 by
This is a question I receive often and unfortunately I can no longer give an honest answer which is the only answer that I ever want to give. This is due to the fact that I haven’t dedicated myself to Rob Booker’s training since 2006 making my experiences outdated. The good news is that over the coming months, I will be able to give you an honest opinion because I am in the initial phases of giving his tutelage another go. This is possible because he has no expiration date on his training. According to his training contract, “You have as long as you need. You never have to pay me anything again….”
At first glance, there have been many changes to his training. His chart school, which are Rob’s trade ideas for students in video format appear to be more interactive. He provides a web conferencing platform where any of his students can attend and ask questions via messenging or voice. Other basic course materials seem unchanged such as the course introduction, FX basics, backtesting, support and resistance, moving averages, and similar topics. These are really basic though and I don’t see any reason why these would ever change. The course materials are also for the totally inexperienced forex trader, someone who has really never explored Forex outside of this course.
His primary trading system which has many components to it is called the Arizona Rules. He was just developing this system back when I lost interest in his training so I haven’t really explored it. If anything, it seems like Rob’s attempt is to provide his students with a well tested and possibly profitable trading system while also providing a comprehensive trading plan and system that one can take knowledge from to develop their own forex trading system.
I’m just getting involved again so I cannot comment further at this time but keep checking back here in the upcoming days and weeks for more details on Rob Booker Training. You can also read my previous and new experiences at http://www.forexproject.com/category/rob-booker-training/.
See the original post here:
Is Rob Booker Forex Training Any Good?
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August 29th, 2008 by
Forex on Top was updated today with the latest traffic rankings for what has now grown to 500 forex websites. Their is no doubt that Google is the best place to search for specific forex content but if you’re looking for websites that you can sink your teeth in, this is the place to find them. You can also browse the top 20 movers to find upcoming forex sites that might be worth exploring.
http://www.forexontop.com
Here is the original:
Top 500 Forex Websites
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August 29th, 2008 by
Online medium is supporting many businesses and stock trading is one of them. These days business through stock trading community is quite popular.
Go here to read the rest:
Stock Trading Community - Easy Speculation and Proper Calculation
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August 29th, 2008 by
When the credit crisis kicked off in 2007, several analysts quietly began to circulate the theory of “decoupling,” which asserted the global economy was strong enough to weather a downturn in the US economy. In other words, it was expected that the credit crisis would be contained within the US, and the rest of the world would plod along, unaffected. This notion now appears to be completely without merit, except in a few isolated cases.
Instead, economies from Europe to Asia are sinking, and sinking fast. Some economies, namely Japan and Germany, have even begun to contract! Canada and Australia may slide into recession, regardless of what happens in commodity markets. Within this context, the Dollar’s 10% rally is not much of a mystery. In other words, this rally is probably more a function of economic weakness in other countries than of US economic strength. In addition, the end of de-coupling works both ways; a global economic downturn could further harm the US. A wave of negative economic data and/or the next round of debt write-downs could send the Dollar spiraling downwards. The Telegraph reports:
We are not witnessing a dollar rally so much as a collapse in European and commodity currencies. The race to the bottom has begun in earnest.
Read More: Dollar surge will not stop America feeling the effects of a global crunch
Read the rest here:
Decoupling Debunked
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August 28th, 2008 by
Investors have been given good reason to start pricing out a rate cut in Europe
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August 28th, 2008 by
Central banks are at the heart of the financial system of any given country in that they are the authorities controlling the supply of money, and therefore control how a regions economy functions. They evolved from the lack of stability in financial market that ruined a lot of economies during…
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Central Banking: The Forex Influence and How to Read it
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August 28th, 2008 by
The recent collapse in the EURUSD is probably the beginning of a larger decline that could reach 1.35 in the next few months. Still, markets do not move…
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Euro Rally Likely Before Next Collapse
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August 28th, 2008 by
Short term patterns indicate that the US dollar is likely to weaken on balance for the rest of the week.
The rest is here:
Forex Technicals: The Day Ahead, August 28
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August 28th, 2008 by
After two weeks of congestion, the US 2Q GDP revision numbers will bring volatility and the potential for renewed trends.
Continued here:
Dollar May Finally Break Its Range With The GDP Release (Forex Video)
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August 28th, 2008 by
See the article…
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Guest Speaker Andrew Spanton’s Technical Recap
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August 28th, 2008 by
The British Pound crosses are under attack. The GBPCHF has broken a short term support line and may be headed for a test of 1.9260. The GBPCAD is testing…
More:
British Pound Crosses in Danger of Bearish Breaks
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