October 2011

Forex Market Commentaries - Drop the Bacon Toasties Moment

Jean Claude Juncker Gives the Markets Their Drop the Bacon Toasties Moment

Market Commentaries

What a spoilsport, just when the market had begun to buy the narrative from the Merkozy conjoinment along comes the chairman of euro zone finance ministers, Jean-Claude Juncker stating, (late in the evening during an Austrian television interview), that a compulsory write-down of 50 to 60 percent of Greek debt may be unavoidable. [quote]I do […]

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No Middle East ‘Sugar Daddy’ on the Horizon to Rescue the Eurozone Crisis

Between the lines

Dexia bank, the bank with a global credit risk exposure of $700 billion (more than twice Greece’s total default ‘risk’ loss) is being watched closely for signs that Europe might be capable of decisive action to resolve its banking crisis. Dexia, who used short-term funding to finance long-term lending, experienced credit evaporating as the euro

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Forex Articles - Drawdown Quick Draw

Be Quick on the Draw in Order to Draw a Line Under Your Drawdown

Forex Trading Articles

The word "drawdown" is one, (if not the most), negative words used in the trading industry. Despite the inevitability of us experiencing drawdowns during our trading career its symmetric relationship with the words "failure" and "loss" make it a difficult concept to contend with. It not only 'hurts' the trader's account, but also inflicts psychological

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