In an interview with Jeff Sommer of The New York Times in July 2010, Robert Prechter said that he is convinced that a "market decline of staggering...
3 Reasons Now is Not the Time to Speculate in Stocks
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FOREX VIDEO - Pre London Outlook September 2nd 2009
Hey everybody, for this presentation I expand on yesterday’s Euro Pound analysis and then use this information to explore some trade opportunities for the Euro USD and Euro Yen. This is some very simple technical analysis to follow, basic price action, fibs and a trend following trade plan for...
Consumer Spending Rises 0.8%, More Than Expected
The Commerce Department reported today consumer spending rose 0.8%, the largest gain in seven months. This is more than expected with the...
Commodity stockpiling about to slow down
An interesting development over the last 9 months has been the stockpiling of commodities by countries such as China and South Korea. Rather than buying financial market paper, they have been buying hard assets such as oil, iron ore and canola. It’s the equivalent of you or I stocking up on...
What information does a forex trading system need to communicate to the user?
As any computer program, a forex trading system has input and output. This post is about the output -- what should be in it? What are the guiding principles of this communication? Here are the basic principles as we see them now: Regularity. Communicate actions, not prophecies. Communicate actions...
Automatic Forex Trading Software Explained | Work From Home
Ever since the automatic systems became common and available there has been a surge in the interest towards forex trading computer software. What was once the sole domain of banks and other such large investors, financial and otherwise, ... Work From Home -...