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Sep 13, 11 •
10148 Views •
Market Commentaries •
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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,...
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Sep 9, 11 •
7043 Views •
Market Commentaries •
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Comments Off on You can fool some of the people some of the time, but you'll never fool the markets all of the time
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...
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Sep 9, 11 •
5836 Views •
Forex Trading Articles, Forex Trading Training •
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Comments Off on PMA, maintaining a Positive Mental Attitude regarding your positive expectancy
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)...
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Sep 8, 11 •
6252 Views •
Market Commentaries •
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Comments Off on The Market Giveth and the Market Take Away
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...
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Sep 8, 11 •
5406 Views •
Forex Trading Articles •
admin
Comments Off on The best laid plans of mice and men…and the myth of compounding
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...
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Sep 7, 11 •
9906 Views •
Forex Trading Articles •
admin
Comments Off on There's snake-oil and then there's snake-oil
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...
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Sep 7, 11 •
12596 Views •
Market Commentaries •
admin
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...
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Sep 5, 11 •
9249 Views •
Forex Trading Articles •
admin
Comments Off on Playing the ball and not the man
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...
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Sep 5, 11 •
6609 Views •
Market Commentaries •
admin
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...
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Sep 5, 11 •
10609 Views •
Forex Trading Articles •
admin
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...
