Dear fellow traders, Well, this is it. The brand new Forex Time Machine training course that reveals the latest ‘what works now’ Forex tactics will probably be sold out by the time…
On Obama’s newfound thriftiness
“I will not sign a plan that adds one dime to our deficits either now or in the future. Period.” Barack Obama, 9/9/09 “I will cut the deficit in half by the…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s rally is still in progress and reaches as high as 1025.8 so far. At this point, intraday bias remains on the upside and further rise should still be…
Silver Daily Technical Outlook
Comex Silver (SI) Silver retreats mildly after rising to 17.69 but still intraday bias remains on the upside as long as 17.166 minor support holds. Further rise should still be seen towards…
Crude Oil Daily Technical Outlook
Nymex Crude Oil (CL) Crude oil’s rebound extended further but after all it’s still kept below 72.90 resistance. Intraday bias remains neutral for the moment. As noted below 72.90 will suggest that…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ rise from 2.409 extends further today and at this point, intraday bias remains on the upside as long as 3.321 minor support holds. As discussed before,…
Oil Price Remains Firm As Strong Stock Market Offers Support
Strong trading momentum in crude oil persists and the benchmark contract rises further to 72.7 in European morning. Investors remain thrilled by the huge draw in crude inventory despite weak fuel demand….
Commodity Prices Strengthen as USD Continues its Slide
Crude oil price rallied +2.2% to settle at 72.51 Wednesday as oil inventory had a huge draw last week and decline in the dollar boosted demand for commodities. Others in the energy…
Avoid this huge “rookie” Forex mistake (webinar)
No matter how you trade Forex, you probably don’t want to place another trade until you make sure you aren’t making these 2 critical mistakes that most traders make. Keep reading, because…
The ticking time-bomb on Euro bank balance sheets
It’s a big mistake to assume that bank balance-sheets across Europe have already seen the worst as the global economic recovery enters its sixth month. Credit default swaps, contracting bank lending, tepid…