Pick of the Day: EUR/USD - Close Trade
EUR/USD rose and then fell below 1.58 throughout the morning European trading session, but with private US employment data coming out worse than expected, reporting a loss of More…
School: Featured Lesson
Elliott Wave Theory
Back in the old school days during the 1920-30s, there was this mad genius named Ralph Nelson Elliott. Elliott discovered that stock markets, thought to behave in a somewhat chaotic manner, actually, did not. They traded in repetitive cycles, which he pointed out were the emotions of investors and traders caused by outside influences (ahem, CNBC) or the predominant psychology of the masses at the time.Blogs: Newest Posts
AUD/USD - Close Open Orders
With the US Employment data and the holiday weekend approaching in the US, I have decided to close my open orders in AUD/USD.... More…
Why You Do What You Do
I know how you feel, believe me. You're more than likely still working the "real" job to pay the bills and put treats in your and your family's mouths. Trading is an after work (or maybe during work) hobby, and happens if and when you have enough strength to keep your eyes open. You haven't gained the trading experience to take it full time, but that's the dream. And a great dream it is. More…
Cross-Eyeing EUR/CHF - Close Trade
EUR/CHF made another attempt at 1.61 before falling and triggering our long orders at 1.6050. It looks like the play today is risk aversion as More…
Cowabunga System Daily Update: Monday, 6/30/08
Well today wasn't a great day but I did manage to keep my losses small. See how I avoided major wipeouts in today's Cowabunga Surf Report. More…
A world currency - Pros and cons and can it become a reality
In one of my previous articles on an economic and monetary union, we had discussed the possibility of the Eurodollar becoming a future world currency. Let’s explore this fanciful idea further and reason out the pros and cons of such a currency and what experts have really proposed. More…
Big Pippin's Forex Forecast: Wednesday, 06/18/08
See what Big Pippin forecasts as he looks at his doppler radar (uhh charts) and gives his 2 cents about the markets. More…
Christine Lagarde
Currently France's Minister of Finance, Christine Lagarde is the first women to take such a position of a G8 economy. She has held the position since being appointed in June of 2007.
