How to avoid getting scammed when buying forex products

Before I give any other methods, let me state the 2 absolute most important things you need to avoid getting ripped off. These are EDUCATION and RESEARCH. If you don't understand these, then the rest of the advice I'm about to give will not be nearly as useful. Too many people get into forex with a dream of making big money very fast. Yes, it is possible to make a lot of money very quickly … [Read more...]

Daily Report: Aussie Stays Soft as RBA Left Door Open for Rate Cut

Aussie stays soft in tight range against dollar in Asian session after RBA signaled in its meeting minutes that the door is still open for further interest rate cut. The central bank noted that "given the substantial degree of policy stimulus that had been imparted, it was prudent to hold the cash rate steady. " However, the board won't "close off the possibility of reducing it further should … [Read more...]

Eur/USD daily video update December 16 2013

EUR has great potential in longer-term and if you will read our weekly research you'll see it as well, but in shorter-term, unfortunately we have no clear setups yet for trading. Still week is promising to be reach on different economy events and data, so, I hope we will get something interesting:   … [Read more...]

FOREX UPDATE WEEKLY December 16-20, 2013

Monthly The dollar rose for a second straight session against the euro on Friday, as investors began pricing in the possibility that the U.S. Federal Reserve could announce a small reduction in its massive stimulus at next week's meeting. While market participants in general expect the Fed to start paring back its stimulus no later than March, a growing number expect a reduction in the Fed's … [Read more...]

GOLD Daily Video, December 13, 2013

Watch this video for the latest on Gold trade      … [Read more...]

EUR/USD Daily Video, November 18, 2013

EUR is forming nice set of bearish patterns by far and there are not bad chances that downward action still start in the beginning of the week. We just need to wait a bit more to be absolutely sure   culled from the forex peace army   Happy Trading … [Read more...]

FOREX PRO WEEKLY November 18-22, 2013

Monthly So, as Reuters reports The safe-haven dollar and yen fell on Friday after Federal Reserve Vice Chair Janet Yellen lifted investor appetite for riskier assets by defending the U.S. central bank's current stimulus measures. Yellen, speaking at her confirmation hearing before the Senate Banking committee on Thursday to take over from Fed Chairman Ben Bernanke, said the Fed will keep its … [Read more...]

Tech Stock Twitter soars on first day trade

(Reuters) - Twitter Inc soared as much as 92 percent in its first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the popular microblogging site in a frenzy that recalled the days of the dot-com bubble. The shares opened at $45.10 a share, up from the initial public offering price of $26 set on Wednesday, then added to those gains, hitting a high of … [Read more...]

GOLD PRO Weekly August 26-30, 2013

Fundamentals Now is the end of August and gold is entering seasonal bullish trend. External data and events in general support moderate positive sentiment for gold. Most significant events on past week were Fed meeting and new home sales data release. Sales of new single-family homes in the United States fell more than 13 percent in July to their lowest level in nine months. The Commerce … [Read more...]

Currency Strength and Weakness for Tuesday 2nd July 2013

Trading Directions I am favouring for the next 24 hours VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given below. Use your own trading strategy and look at taking setups that occur in the same direction as my daily analysis. If you don't have your own trading strategy then email me  here Buy Trades - EUR/USD, EUR/JPY, AUD/USD, AUD/JPY, NZD/USD, … [Read more...]