I agree that circa 50-60% per year is achievable, but if you reverse that you realise that you need a 50 grand 'bank' to get the average wage. The majority of active spread betting and FX traders operate accounts below 5 grand. Retail have been sold ...

The Futures Trader Turned Airline Baggage Handler

Its poor form of Bloomberg to link the current desperate situation in Greece with crime. You do wonder if it's a pretext to suggest that should Syriza come to power then tanks will be on the streets to prevent tptb from losing Greece as the dumping ...

Depression Deepens Greek Middle Class Despair With Crime

Not one of your best articles there Yohay. Fwiw I'd suggest following mataf's correlation tables. url

Looking for a Currency to Trade Against? Opposites Attract

The industry has sold a dream but in reality it's less 'honest' than bookies taking tenners off guys in pubs from their iphone betting on united to win when they're away. The intel I've had access to suggests that the guys who have a successful ...

The Futures Trader Turned Airline Baggage Handler

Ah ha! If it's trend trading advice and learning you're after check out Charles Le Beau. Loved his stuff a few years back. It was, in some respects, career changing, actually that's not quite true it was 'trading changing' in as much as it ...

Euro fails to hold above 1.3100

Disappointing article, "USA may recover but Europe and Japan are in a mess.." Hypocritical myopia at its finest. To imagine that the deep systemic and structural defects within the U.S. economy can be fixed by; a return to consumers feeling ...

A Bright Spot In The Global Economic Landscape

Rare to find any bad feedback wrt to OANDA, good firm doing it right.

OANDA named Singapore’s best forex broker in client satisfaction

BB, not sure if you caught this link I put up yesterday, but having mentioned the forex cheat sheet this piqued my memory too, came across these guys a couple of weeks back, they did a dragons den type pitch at Michael of Forex Magnates expo a ...

Euro fails to hold above 1.3100

Hi bb, just had a quick look and it's a 37 page PDF that's still out there on the interwebby, would place a link but not sure how ethical it is as I'm not sure as to who owns the IP etc, but it's there under forex cheat sheet searches. The doc goes ...

ISM Services Gauge in U.S. Rose to 54.7 in November From 54.2

I always have a chuckle at the Hedge Fund industry when I consider how many were (still are) in APPL. The smartest guys in the room buy APPL and keep on buying. If they really bail on the stock, and we saw that happen from late Sept to mid November ...

Paulson Said to Blame Bet Against Europe for Most of Loss

The 125% mortgage was a bit of an urban myth. Northern Rock only offered it up to a ceiling of circa 125K, it was a 95% mortgage with borrowing up to 125% as a second charge loan but the amount of those loans taken out (and taken up to the 125% ...

Britain to miss key debt goal, growth targets

How's that Saturday afternoon session working out for ya? ;-)

ISM Services Gauge in U.S. Rose to 54.7 in November From 54.2

Both main parties in the UK, similar to the USA, follow/ed a neo lib Friedman like policy. The creation of debt slavery is a key component of 'trickle up' Friedman doctrine, therefore the explosion of debt would have happened under either party. ...

Britain to miss key debt goal, growth targets

For sure, western world wages will drop as the BRICS rises. Think 20-30% fall as the BRICS rise by perhaps 15%.

Citigroup to Take $1 Billion Charge, Cut 11,000 Jobs

Brown was chancellor for the majority of Nu Lab's tenure, the same Brown that even the right loved when their single most prized asset, property, was rising in value due to ease of credit. Darling, the last labour chancellor left office with the UK ...

Britain to miss key debt goal, growth targets

Never good to hear of job losses. Similar to Basel rules the USA banks will have to get their houses in order wrt capital adequacy as per Dodd Frank act etc.

Citigroup to Take $1 Billion Charge, Cut 11,000 Jobs

It's called the forex cheat sheet iirc, it's for retail but it's spot on imho. Really useful if you are in intraday trader, basically says no point in trading Monday or most Friday's most of the time. In fact it points to Wed afternoons being the ...

ISM Services Gauge in U.S. Rose to 54.7 in November From 54.2

You stated this; " this projected target actually has the power to keep stochastic and other indicators over sold or overbought, until the projected target is reached".. Which is odd. But I'm not getting into a discussion over it as English may not ...

EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next

There's plenty or research suggesting the days and hours you should trade FX in order to increase your chances, iirc Tues - Thurs are the key days. Good figures there from the ISM.

ISM Services Gauge in U.S. Rose to 54.7 in November From 54.2

I wouldn't regard fib as what the retail regard as technical analysis, it's more of a technical drawing tool. And yes it is extensively used.

EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next