Richard Dennis is considered to be a trading legend. He reportedly turned a borrowed $1,600 into $200 Million in a period of 10 years trading commodities. He is famous for his Turtle Trading Experiment. Turtle Trading Experiment revolved around the idea whether great traders are made or born. You can read about Richard Dennis in… Continue reading Richard Dennis Commodity Trader Turned $1,600 Into $200 Million in 10 Years!
What Is Claimant Count Change And Does It Affects The British Pound GBP?
Claimant Count Change is a UK employment figure that is released by the Office of National Statistics in the middle of every month at 8:30 GMT. Claimant Count Change measure the number of people in the UK economy who claim unemployment benefits but are actively seeking work. This statistics is considered to be a measure… Continue reading What Is Claimant Count Change And Does It Affects The British Pound GBP?
Why FED May Raise Interest Rates Sooner Than Expected?
As currency traders we need to constantly keep watch on the interest rates. Right now the interest rates in US are pretty much very close to zero. This has been the policy of FED f or many years now especially since 2008. In order to boost economic recovery FED thinks that interest rates need to… Continue reading Why FED May Raise Interest Rates Sooner Than Expected?
USD/JPY Stuck At Current Level
It seems that USD/JPY is stuck at the current level.
GBP/USD Might Strengthen To 1.72 On Dovish FED
GBP/USD once again might strengthen to 1.72. GBP/USD reached the high of 1.7063 last week when the BOE Governor said in a speech that he would be raising the interest rates sooner than expected. But later on toned down his statement when he faced criticism by the House of Commons lawmakers who questioned his wisdom.… Continue reading GBP/USD Might Strengthen To 1.72 On Dovish FED
Metal Traders Can Keep Screaming In London For Now!
Pit trading might have become relegated to the past but with today’s decision, pit trading can continue for some more time at the London Metal Exchange. Pit trading is the tradition of face to face bidding that will help the London Metal Exchange stay credible in the wake of the recent financial scandals relating to… Continue reading Metal Traders Can Keep Screaming In London For Now!
Currency Profits Cartel Forex Strategy Has Got 92% Average Winrate!
Currency Profits Cartel strategy has been developed by Dave Taylor. According to Dave Taylor, his Currency Profits Cartel Strategy has got an average 92% winrate. Below is the screenshot of how much Dave Taylor was able to make in 1 month with his forex strategy. So you can well imagine how much profitable this strategy… Continue reading Currency Profits Cartel Forex Strategy Has Got 92% Average Winrate!
USD Falls To 1 Month’s Low
USD fell to one month’s low as the US GDP q/q report casts doubt on the strength of the US economic recovery. This supported the FED’s commitment to keep the interest rates almost zero. The U.S. currency slipped to the lowest in more than two weeks versus the euro as reports showed durable-goods orders in… Continue reading USD Falls To 1 Month’s Low
USD Weakness Fueling NZD Carry Trade
Yesterday the US GDP Q/Q figures disappointed the market with the uncertain US economic recovery. As a result USD fell. This resulted in NZD/USD to within 1% of the record high as the gap between the two interest rates is widening. This widening of the interest rate gap between US and New Zealand is fueling… Continue reading USD Weakness Fueling NZD Carry Trade
The Millionaire Society Software For Binary Options Traders!
Joining the Millionaire Society Club of Binary Options Traders is easy. You just need to open a live account with a deposit of $250 with the recommended broker in order to join the Millionaire Society Club. Below is a screenshot of one of the members live trading account. As you can see from the above… Continue reading The Millionaire Society Software For Binary Options Traders!