Archive for March, 2008

Power-Forex: Update Regarding New Platinum Managed Forex Account

Friday, March 28th, 2008

Hi everyone. This is an update related to the post you see below this one. I somehow managed to convince the CE of IPAM (Income Plus Asset Management Inc.) to allow smaller investors into the new managed account offering detailed below (see this post). Not everyone has $150,000 spare cash lying around so IPAM [...]

Power-Forex: New Platinum Managed Forex Account

Wednesday, March 26th, 2008

Hello dear blog readers. I hope you’re all doing okay. As you may or may not know I am somewhat heavily involved with testing various forex products and just about any money making opportunity I can find. I especially like forex trading and managed forex accounts. Thus I made it my business to make sure [...]

Focus Turned to Commodities Crash, Dollar Rebounded

Sunday, March 23rd, 2008

Markets’ sentiment shifted sharply from panic dollar selling to commodity currency crashes last week. Indeed, after diving to new record low against Euro and Swissy, and as low as 95.77 against the yen, dollar rebounded strongly and closed the week higher. Fed’s smaller than expected 75bps cut in the federal fund rate played a role [...]

The pound is poised to “take a pounding” by the dollar once again!

Saturday, March 22nd, 2008

Here is a very interesting post by Mr. Sean Hyman that you should all read! Visit his site for more insightful posting such as these:
The Bank of England just released its minutes earlier this morning. Now there’s some economists shifting gears. They think that the Bank could cut rates as soon as the April 9/10th [...]

Dollar Rises Against Euro, Yen as Oil, Commodity Prices Decline

Friday, March 21st, 2008

Guess what. I’m long dollar and liking the pips BUT I’m bearish on the dollar for the long term.
Checkout this interesting and relevant article from Bloomberg:
–begin quote–
The dollar rose to its strongest in a week against the euro as speculation a global economic slowdown will reduce demand for raw materials pushed gold and [...]

Advantages of non-dealing desk brokers

Thursday, March 20th, 2008

Check out this very informative article I found on the “Non dealing desk” blog over here:
http://nondealingdesk.blogspot.com/ 
Enjoy!
1. No Inherent Conflict of Interest. Non-dealing desk brokerage firms do not trade against their clients. As facilitators of trading, they do not take positions that may from time-to-time conflict with the interests of individual traders.
2. Market Access. Non-dealing desk [...]

GalleonFX recommends EUR and JPY trading accounts

Wednesday, March 19th, 2008

I just came across this recommendation while browsing the GalleonFX website and I thought those of you who are interested in joining GalleonFX may wish to read it. I think the recommendation is a good idea. The US dollar’s could potentially deteriorate some more this year, so one way to take advantage of this is [...]

FXCM Introduces two new managed forex accounts

Monday, March 17th, 2008

Hello fellow investors. Just thought I’d let you all know that FXCM has introduced two new managed forex accounts in addition to their existing “Sentiment Funds.” Actually it is only one managed forex account but it comes in two flavors. The name of the managed account offering is “Short-Term Opportunity Program” and as I said [...]