Forex Trading for Tuesday May 8, 2012

Currency Pairs remain in tight ranges.

EUR/USD lingers near 1.3000 psychological level.

Back in 2010, bailout meant EUR/USD heading towards 1.2000, not so fast this time my friends.

We have a confluence of events slowing movement off 1.3000 – If U.S. could produce 200K+ new jobs per month, EUR/USD would retest 1.2500 area.

NFP only created 115K jobs last week, so dreaded word QE lingers causing lack of confidence in markets.

Markets seemed to have calmed down from the election triggered selloff quickly as Hollande’s win in France and the political uncertainty in Greece were both not much of a surprise. Continue reading

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Forex Trading for Monday May 7, 2012

Oil under $100 barrel and DOW Futures below 13,000 – Watch the DOW today as it should continue downward from 13,000 as money is moved into other areas for now.

I hope all students are prospering and the Pips are with You.

News Drivers sometimes causes wild swings in the FOREX market.

There are times when news drivers have a quick and decisive effect on market conditions. There are times when the effect of news has already been factored in by the market and delayed movements happen.

I suggest all current students wanting to expand their growth, chart news drivers that have profound effects on currencies on a monthly basis.

Those who choose to accept this mission , will greatly enhance their understanding of currency movements during specific news events. Continue reading

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Forex Trading for Sunday May 6, 2012

My selection in Kentucky Derby – 5 Dullahan finished 3rd as late kick 5 wide was not enough to grab roses.

During our “LIVE” in Non Farm Payroll class Friday (thanks to all who attended), I shared had EUR/USD was ready to move downward. I share 1.3072 and 1.3000 as HUGE support levels in process, I also stated that their were many factors coming that would determine the move.

I didn’t know if NFP would kick it off or factors early this week, but it was coming – Soon!

The non-farm payroll data released in the US on Friday turned out to reveal lower job figures than expected. Continue reading

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Saturday the 138th Running of the Kentucky Derby

Saturday the 138th Running of the Kentucky Derby will be ran as posts draw just concluded

Last year, for the 7th time in the 21st Century (12 years) the Probability Factor Mathematical and Statistical Analysis Concepts created by Forex Joe extensive sports betting back ground produced the winner of the 137th Derby: 16 Animal Kingdom (20-1 Longshot) paid $43.80 to Win, $19.50 to Place, and $13 to show. 19 Nehro was second and 13 Mucho Macho Man was third. 16-19 exacta paid $329.80, 16-19-13 trifecta paid $3,952.40 and 16-19-13-14 perfecta paid $48,126 – Not to bad!

We are Trading LIVE at Non-Farm Payroll – FREE to attend Continue reading

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Forex Trading for Wednesday May 2, 2012

Saturday the 138th Running of the Kentucky Derby will be ran as posts draw just concluded

Last year, for the 7th time in the 21st Century (12 years) my Probability Factor Mathematical and Statistical Analysis Concepts created by Forex Joe extensive sports betting back ground produced the winner of the 137th Derby: 16 Animal Kingdom (20-1 Longshot) paid $43.80 to Win, $19.50 to Place, and $13 to show. 19 Nehro was second and 13 Mucho Macho Man was third. 16-19 exacta paid $329.80, 16-19-13 trifecta paid $3,952.40 and 16-19-13-14 perfecta paid $48,126 – Not to bad!

You might not want to read this article if you have a weak stomach. Most Americans have absolutely no idea what is going on in the dark corners of America, and when people find out the truth it can come as quite a shock.

Many of you will not believe some of the things Americans are doing just to survive. Some families are living in sewers and drain tunnels, some families are living in tents, some families are living in their cars, some families will make ketchup soup for dinner tonight and some families are even eating rats.

Some homeless shelters in America are so overloaded that they are actually sending people out to live in the woods. As you read this, there are close to 50 million Americans that are living below the poverty line, and that number rises a little bit more every single day.

America was once known as the greatest nation on earth, but now there is decay and economic despair almost everywhere you look.

Yes, money certainly cannot buy happiness, but the lack of it sure can bring a lot of pain. As the economy continues to decline, the suffering that we see all around us is going to get a lot worse, and that is a very frightening thing to think about as we near an election.

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