Posts Tagged ‘fxcc’

Economic paradox and the taboo of default

Sep 13, 11 • 4876 Views • Market Commentaries • 3 Comments

The USA Congress estimates that the war waged in Afghanistan since ‘911’ has cost nearly $450 billion. That sum is equivalent to handing every Afghan man, woman and child $15,000. That sum is also 10 years of earnings for an average Afghan,...
You can fool some of the people some of the time, but you'll never fool the markets all of the time

Sep 9, 11 • 2660 Views • Market Commentaries • No Comments

Can someone “do the math” as President Obama urged Congress? How do you re create the ten million jobs lost in the USA since 2007 with $447 billion of dollars? How do you pull these rabbits out of hats whilst keeping the debt ceiling under the...
PMA, maintaining a Positive Mental Attitude regarding your positive expectancy

Sep 9, 11 • 2696 Views • Forex Trading Articles, Forex Trading Training • No Comments

Now before you switch off having read the title thinking; " here we go, another 'happy-clappy' you can change the world type PMA trading article" that's not the intention, bear with me.. As individual traders we are (at heart)...
The Market Giveth and the Market Take Away

Sep 8, 11 • 2667 Views • Market Commentaries • No Comments

Since the Swiss national bank ‘took out’ a series of trading pairs with their determination to in effect ‘peg’ the franc, the CHF pairs have been virtually untradeable. Even from a potential position trade perspective many currency...
The best laid plans of mice and men…and the myth of compounding

Sep 8, 11 • 2249 Views • Forex Trading Articles • No Comments

It's fascinating to consider how myths originate, for example, both of the two quotes above are attributed to Albert Einstein, however, the second quote might not be, credit could be given to the American writer Rita Mae Brown. A quote verifiably...
There's snake-oil and then there's snake-oil

Sep 7, 11 • 5978 Views • Forex Trading Articles • No Comments

The California Gold Rush of 1848–1855 began on January 24, 1848, when gold was found by James W. Marshall at Sutter’s Mill in Coloma, California. Approximately 300,000 people migrated to California from the rest of the United States and abroad to be...
The Swish of the Swiss

Sep 7, 11 • 7987 Views • Market Commentaries • 2 Comments

The new or rather renewed phrase on every bodies lips after yesterday’s stunning bombshell, (delivered with precise laser guidance by the Swiss central bank), is “currency wars”. Previously this phrase had been reserved for the supposed...
Playing the ball and not the man

Sep 5, 11 • 6290 Views • Forex Trading Articles • No Comments

Most traders and speculators are prone to succumbing too and gravitating towards discussion forums. Trading gossip, news, getting advice, comparing methods and strategies, appraising services and brokers generally form the bulk of the discussion subject...
Celebrating Labor day in the USA

Sep 5, 11 • 3945 Views • Market Commentaries • 1 Comment

Ignoring the misspelling of the word “labour” there is both sadness and irony contained in a report published over the weekend indicating the true depth and severity of the USA economic situation… The percentage of working-age Californians...
The four corners of trader development

Sep 5, 11 • 6693 Views • Forex Trading Articles • 7 Comments

After practicing an overlapping drill last Friday with my football youth team I reminded one of the seventeen year olds, who I’ve known and coached since the age of five, that the first time we did this drill he was seven. In fact his memory of the...