Forex Go!

Every person has a duty to think about his future. Future is always uncertain, and one should think and stay prepared for the future happenings. If everything is remaining hunky-dory then it is fine; but one should think, if anything wrong happens, then what to do. Though, there are some incidents for which a person can’t take any kind of guard; however, one can stay prepared for any incident, at least financially. One should go for a retirement planning. No matter how strong you are going now, but you have to retire one day and will remain no longer eligible for earning. Only a retirement plan could help you during those income-less days. Roth IRA could be the perfect option to plan for your retirement. You could know every detail about IRA at roth-ira.org.

Roth IRA is the most popular retirement plan of the whole USA. T Read more…

At the November FOMC meeting, the Fed will likely leave the policy rate unchanged at 1% and will not announce additional easing measures as recent economic data improved. Yet, the focus lies on policymakers’ discussion about ways of increasing transparency and tools to boost growth when needed. At the post-meeting press conference, Chairman Ben Bernanke will assure the market that the stimulus currently in place is sufficient and the Fed will promptly implement further easing measures should the recovery disappoint.

In the September minutes, the Fed unveiled that ‘most participants indicated that they favored taking steps to increase further the transparency of monetary policy, including providing more information about the Committee’s longer-run policy objectives and about the factors that influence the Committee’s policy decisions’. Indeed, the debates among Fed members regarding the issue have heated up in recent weeks. Minneapolis Fed President Narayana Kocherlakota criticized it lacks clarity in the central bank’s mission and this should be improved through ‘explicit communication’.

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“It took me several years to become consistently profitable. I had the great misfortune of making a lot of money quickly and thinking that I knew what I was doing. I did not. I lost all the money I had made and a lot more before I realized I had no clue.” – Tom Alexander

Hello:

If you want to play the markets triumphantly, you need to determine the direction of the trade based on the overall trend. Then you need to determine the best location for the entry and the stop. You must not make a trade that does not meet your exact entry criteria: you require rock-solid discipline to achieve this. You ought to compute the exact amount of risk; the position sizing, safety measures and the target. Trades should not be taken without seriously considering safety measures. Make

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Have you ever wondered, at least recently, if the markets are just playing games with investors? It’s like a game of good cop, bad cop On one day, the markets will be all about the euro (EUR), and the prospects for a solution to the Eurozone debt problems, and without any notice, turn on the euro, for a different reason. I’ve always said that traders were fickle, but this is taking it to the extreme, and beginning to cause me to have a rash!

For instance, yesterday morning, the markets were full of euphoria regarding the size and shape of the European Financial Stability Fund (EFSF), and rewarded the euro by pushing it above 1.38 Then a couple of hours later, the euro began to slide, and now it was because traders and participants became nervous about the European leaders bickering over a plan to contain the Eurozone’s debt crisis

You don’t know whether to hug the euro, or kick it in the rear! But I c

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Last week I told you about an expert advisor that you can download for free called Forex Catapult (heres the link once again). This was based on Casey Stubbs own trading system and although only available for one pair (the full version can be used on all pairs), it is still able to generate profits.

Anyway this week Casey is running a webinar that will talk about this automated expert advisor in more detail. He will discuss:

He will also answer any questions you may have, so if you are interested in registering for one of these webinars (there are several dates and times available between now and Friday), you can do so by clicking here.

It has been a great week in the financial markets with U.S. stocks rising to a one month high after falling to a one year low in early October.  As a function of the improvement in risk appetite, investors have moved their money out of the safety of U.S. dollars and recycled them back into higher yielding currencies. Over the past week, the greenback declined against every major currency, falling more than 5 percent against the Australian dollar and approximately 4 percent against the euro, Swiss Franc and New Zealand dollar. < Read more…

The most recent World Payments Report projected mobile payments will expand globally from 4.6 billion transactions in 2010 to 15.3 billion in 2013 – a growth rate of 48.8 percent per year. Last month, market intelligence firm IE Market Research projected the global value of such transactions will reach $945 billion in 2015, compared to $31.5 billion last year.

It’s clear, mobile payment technology is the future of payments. But what is it? Where are they being adopted? And who are the main players?

Mobile payment, in a general sense, refers to any sort of financial or monetary transaction that is handled through a mobile device – be it a smartphone or a tablet computer. However, the more sensational and groundbreaking aspect of mobile payment technology is the ability of consumers to use their phones as wallets, wherein users can scan a compatible device with their phone to make a purchase. This

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“If you are expecting the market to rise, the risk is relatively small and you are seeking substantial long-term wins.  If you are expecting the market to fall, then you would have to wait until you actually see it falling… The true trend of the market is found in the longer-term charts.  I have always felt that the big money is made by finding the time frame in which you can see and trade the trend.  Sometimes it is as small a time frame as a 15-minute chart, perhaps even less.  But at other times, it requires stepping up to the very largest time frames.”   – Joe Ross Hello: Nicolas Darvas was one of the past market wizards (thanks to Mr. Ralf Kraemer for shedding more light on Darvas’ trading method). Though, he embarked on a multi-year world tour, he maintained constant communication with his broker. He understood the nature of the market. To him, the market behavior was compared to that of a dancer who’d first squat before getting ready for a jump. This means that some consolidation would be in place after a price jump; something that makes the market ready to jump to the next higher target. There was a time wh Read more…

German consumer sentiment remained  at one year low but printed above the market forecast as consumers in Europe’s largest economy remained untroubled by the surrounding sovereign debt crisis. The GFK measure of consumer sentiment was 5.2 versus 5.1 eyed, the same reading as the month prior.

German’s expectations of income continued to rise increasing to 35.1 points from 27.6 points in August signaling that the the labor markets remain string despite the recent slowdown in growth.  However, the forward looking economic expectations index slipped sharply to 4.8 points from 13.8 points in the period prior. Finally, the propensity to buy remained at a high level although its was off its best levels of the year.

Overall the news on the consumer front was not nearly as dour as analyst’s expectations  given all of the recent the turmoil in European financial markets that put the very very existence of the euro into question. Nevert

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Risk FX staged a mild rebound in quiet European morning trade helped by slightly positive equity flows as currency markets absorbed yesterday’s massive selloff amidst a very quiet economic calendar. EUR/USD recovered above the 1.3500 figure while Aussie rallied through .9850 and cable performed best of all holding the 1.5450 level after BBA mortgage applications printed a bit better than forecast.

The G20 pledged a “strong and coordinated” response to challenges facing the global economy, but its statement had only a limited impact on trade as currency markets awaited some sort of tangible policy move. Greek Finance Minister Evaneglos Venizelos stated that Greece face three possible scenarios with respect to its sovereign debt situation. In a speech to Greek lawmakers Mr. Veniz

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