The unemployment figure that will be released tomorrow is fake. It leaves out so much data, such as discouraged workers and underemployed workers. According to shadowstats.com the real unemployment rate is well over 20% and the...
Read MoreThink back to when you were a kid and got one of those super bouncy balls you loved. You would chuck it at the ground and watch it hit the ceiling a few times before it veered off and broke your mom’s favorite vase. The...
Read MoreDon’t you miss the glory days of the carry trade? Just buy a currency with a high interest rate, and sell one with a low interest rate and just watch your account grow, but then around the world interest rates zoomed...
Read MoreHave you ever blown an account? I’ve never met a trader that hasn’t. The scenario usually plays out like this. You have a few profitable trades under your belt and you get a bit of confidence, and you see what you...
Read MoreEURUSD Trade: Sell Limit EURUSD (pending order @ 1.3611) Stop Loss: 1.3673 Take Profit: 1.3470 Commentary: Daily Limit trading strategy. Today’s signal was sent out near Monday night 23:00 GMT. It expires in 24 hours,...
Read MoreNot likely. One of the strongest long term trades available right now is long USDCAD. From both a technical and fundamental standpoint, this trade offers opportunity for profit. The Canadian government does not want its currency...
Read MoreTrade: Long EURUSD @ market (now 1.3505) Stop Loss: 1.3430 Take Profit: 1.3600 Commentary: Day Trade Strategy. EURUSD has support near 1.3450 from 2 lows over the last couple of weeks. The 61.8 Fibonacci retracement support...
Read MoreFeb. 26 (Bloomberg) — Sales of previously owned U.S. homes unexpectedly declined in January for a second month, signaling the government’s extension of a tax credit is being limited by a lack of job growth. Purchases...
Read MoreLONDON (Reuters) – Oil rose toward $79 a barrel on Friday, after sliding more than 2 percent the previous session, as an upwards revision in U.S. gross domestic product for the fourth quarter helped revive lackluster...
Read MoreIf you are like many traders that would jump at the chance to trade the Chinese Yuan, you have found this currency difficult to find and expensive to trade. There is an alternative in a more common pair. This week’s In...
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