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 part of the phenomena. Of that 300,000, approximately half arrived by sea and […]
There's snake-oil and then there's snake-oil Read More »
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 currency disagreements between the USA administration and Chinese officials. The accusation, that the Chinese were manipulating their currency to
The Swish of the Swiss Read More »
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 matter. Trading forums can provide a welcome break from trading, particularly if you are a day trader waiting for your
Playing the ball and not the man Read More »
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 with jobs has now fallen to a record low and employment in the State may not return to
Celebrating Labor day in the USA Read More »
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 drill proved better than mine and he performed
The four corners of trader development Read More »
For those amongst us who are not UK based, or not familiar with some of the soundbites our various UK politicians have used, “education, education, education” was a heralding cry by a previous Prime Minister on his election campaign. As to how and where the “jobs, jobs, jobs” were to be found after the “education,
Employment, employment, employment and the F PIIGS Read More »
With USA unemployment figures remaining stubbornly high it’s encouraging to see President Obama finally grasp the nettle by announcing it’s high on his priority list. As a governor from Arkansas once famously reminded the electorate, “it’s the economy stupid” and despite the fact Obama’s motives may include having one eye on his re-election campaign he
The Jobless Recovery is no Recovery Read More »
Is there a better way to trade the forex markets? Well Yes there is and it goes by the name of ECN forex. One of the biggest trends in the world of currency exchange has been toward an ECN forex environment or Electronic Communication Network. Loosely defined, an ECN forex broker is a bridge between
Use a dealing desk forex broker and at some stage you’ll probably start to notice a strange pattern emerging. Stuff that just doesn’t make any sense at all, repeated over and over again till it becomes more or less the accepted norm. This is what we mean by the weird and wonderful world of forex.
The Weird and Wonderful World of Forex Read More »
The traditional forex broker tends to be based on a dealing desk model. Dealing desk brokers take actual positions on the markets and in many cases will actually take the opposite position to a client’s position. Effectively, taking opposite positions means your profits are the brokers loss. Flip that around a bit and your losses
