Trading Theme returns… Automakers’ bailout vote today… Not using all your arrows… Housing Starts go back to 1959! And Now… Today’s Pfennig! OK… Whew! What an awful day yesterday for the currencies… In the morning, they ere in rally mode with the euro gaining ground to well within the 1.27 handle. But then the Trading Theme set in, and those gains were wiped out. The Trading Theme was set off by the awful Housing data, which reminded everyone of the deep, dark , dangerous days ahead… I bough
Original post by Stock Market Educator - Learn About The Stock Market and Investing - Beginners Through To Advanced
November 20th, 2008 | Posted in Uncategorized | No Comments
Just two trades this morning in the Live Room, one was a stop out, but the other was a part exit at +30 pips and a further +68 pips before the closing of the trade, almost 100 pips in all. GBP/USD - Long Call - Live Room Call: Entry on the break of 1.4891 - 1st Level 1.4861, +30 (1/2 position) - 2nd level 1.4823, +68 EUR/USD - Long Call - Live Room Call: Entry on the break of 1.2526 - 1st Level 1.2501, -25 (full position) Join the Market Bytes Forex Live Room at www.marketbytes
Original post by Stock Market Educator - Learn About The Stock Market and Investing - Beginners Through To Advanced
November 20th, 2008 | Posted in Uncategorized | No Comments
So here you go, another picture telling you that I am now losing, and I am losing not realy bad, things could get better, but when I don’t know. The trading is not over, but in Romania it’s night time and I still work on other projects so I guess I will call it a day and gladly embrace my loss. The oil is going down and still will be going down. I wonder if the AVAFX software after your close it will eventually sell if you are not online?
Original post by Stock Market Educator - Learn About The Stock Market and Investing - Beginners Through To Advanced
November 20th, 2008 | Posted in Uncategorized | No Comments
This day I have traded a lot, I still have money on the OIL Trade, unfortunately for me, the price at the London market got bellow 50 so now I am in the position of having to create another account on AVAFX because I will probably lose all the money, anyway let’s enjoy the moment before I got greedy
Original post by Stock Market Educator - Learn About The Stock Market and Investing - Beginners Through To Advanced
November 20th, 2008 | Posted in Uncategorized | No Comments
CHAPTER 3 Kinds Of Foreign Exchange Market Currency spot trading is the most popular foreign currency instrument around the world, making up 37 percent of the total activity (See Figure 3.1). Figure 3.1.The market share of the foreign exchange instruments as of 1998: 1- spot; 2 – options; 3 – futures; 4 – forwards and swaps. The fast-paced spot market is not for the fainthearted, as it features high volatility and quick profits (and losses). A spot deal consists of a bilateral contract wher
Original post by Forex | Foreign | exchange | charts | calculator | converter | enterprise | quotes | rates | student | pbs | wikipedia | basics
November 20th, 2008 | Posted in Uncategorized | No Comments
U.S. natural gas inventories rise unexpectedly November 20th, 2008 NEW YORK (MarektWatch) — U.S. natural gas inventories rose unexpectedly, up 16 billion cubic feet in the week ended Nov. 14, the Energy Information Administration reported Thursday. Analysts at IHS Global Insight had expected a fall of 2 billion cubic feet. After the data, natural gas futures for December delivery slumped 6.7% to $6.293 per million British thermal units. Market Pulse Stories are Rapid-fire, short news burst
Original post by Forex | Foreign | exchange | charts | calculator | converter | enterprise | quotes | rates | student | pbs | wikipedia | basics
November 20th, 2008 | Posted in Uncategorized | No Comments
Why is the USD Getting Stronger? November 20th, 2008 It has been about 4 months since the USD began appreciating with no apparent stops, and several of our traders are finding themselves a bit confused in light of these radical changes. Let’s try to understand what the main reasons are for this turn of events, and also a special bonus – how you can predict sharp reversals using technical measurements. Well first, let us understand something. When you hear on the news that the Dollar is ga
Original post by Forex | Foreign | exchange | charts | calculator | converter | enterprise | quotes | rates | student | pbs | wikipedia | basics
November 20th, 2008 | Posted in Uncategorized | No Comments
Rep. Waxman new head of House Energy and Commerce Committee November 20th, 2008 WASHINGTON (MarketWatch) — Rep. Henry Waxman of California has been elected the new chairman of the powerful House Energy and Commerce Committee, replacing veteran lawmaker and Detroit-ally Rep. John Dingell. The 137 to 122 vote by Democratic lawmakers on Thursday marks a significant shift in congressional leadership, and opens the door to stronger environmental standards for the auto industry. Dingell, a staunc
Original post by Forex | Foreign | exchange | charts | calculator | converter | enterprise | quotes | rates | student | pbs | wikipedia | basics
November 20th, 2008 | Posted in Uncategorized | No Comments
Freddie Mac: Mortgage rates decline again November 20th, 2008 NEW YORK (MarketWatch) — U.S. fixed-rate mortgages fell for the third straight week, according to Freddie Mac’s survey released Thursday. The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 6.04% in the week ending Thursday, down from last week’s 6.14% and the year-ago 6.20%. The 15-year fixed-rate loan averaged 5.73%, down from the week-ago 5.81% and the year-ago 5.83%. The five-year Treasury-in
Original post by Forex | Foreign | exchange | charts | calculator | converter | enterprise | quotes | rates | student | pbs | wikipedia | basics
November 20th, 2008 | Posted in Uncategorized | No Comments
XTO founder says he’s seen worse times in energy business November 20th, 2008 NEW YORK (MarketWatch) — XTO Energy Founder and Chairman Bob Simpson said as bad as the energy business is right now with plunging prices and frozen debt markets, it was worse when fossil fuel prices bottomed in 1998. The Fort Worth, Texas natural gas producer has put together an extensive hedging strategy to protect against big price swings,he pointed out. “We’ve seen challenges before,” said Simpson. “Everyone w
Original post by Forex | Foreign | exchange | charts | calculator | converter | enterprise | quotes | rates | student | pbs | wikipedia | basics
November 20th, 2008 | Posted in Uncategorized | No Comments