Category Archives: Financial News

financial news

Correlation Code Sold Out

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Hi there. Got some news about the Correlation Code system. It is now SOLD OUT.  Congrats to those of you who got a copy – hopefully the system lives up to its promises and brings you in a lot of pips. If you missed out for whatever reason, I’m afraid you’ll have to wait until the system is made available again to get a copy. I suggest signing up for the “early bird” mailing list below to receive early notice when the Correlation Code website opens for business again.


Name:
Email:


I have a small favor to ask of those of you who already have a copy of the Correlation Code system. Could you please share your trading experience using this system. You can either comment here (but please do not just advertise your blog or website or “review” site) or post on this forum thread:

http://www.forexnirvana.com/f60/correlation-code-1172/

Until next time, I wish you all many pips.

Cheers,
Alan

The High Velocity Market Master has arrived!

How about that for a red-carpet premiere?! AND did you see the results?!

I attended the High Velocity Market Master webinar yesterday and actually
saw the charts with my very own eyes and found out what this method is all
about. I was floored by the simplicity of the system and they made a
believer out of me (I’m sure they did out of you too).

And yes the results are highly impressive, but one of the most impressive
features of the system is all the support and sense of community associated
with the HVMM. I call it ‘celebrity style’ treatment.

Why?

Let’s just say you’re given some major privileges. I’m not talking about a
celebrity “get out of jail f.r.e.e. card,” it’s more like a “get out of
sliding equity curve pass.”

You get the posh treatment with this package:

*Lifetime High Velocity Market Master Indicator Suite that you’ll
immediately be applying to your charts. These indicators make the HVMM tick
and you’ll use the exact same suite of indicators across all markets and
timeframes for the ultimate in simplicity.

*5 Full Length In-Depth HVMM Training CD’s – that will play right in your
computer, so you can watch and learn The High Velocity Market Master
strategy step by step, at your own pace.

*HVMM Manual and Guide to Markets & Timeframes – these will let you see the
key trade set-ups in detail.

*Dedicated, Ongoing HVMM Support ’til you succeed and have mastered this
system!

*PLUS one (1) entire year in the exclusive Owner’s Club where you’ll have
admittance to live training rooms, be able to see trade walk-throughs, get
additional video training, receive marketing condition reports, have access
to all system upgrades, and more!

The point is this method gives you the support you need to help cut your
trading time down significantly. It’s about getting in, getting out, and
getting done while all along still building your account. So if you’re
ready to start trading part-time with full-time benefits, you better get
over to the order page NOW. I’m not sure how long the system will be
available:

http://www.netpicks.com/cmd.php?af=1004071&u=http://www.highvelocitymarketmaster.com/

They’re stopping at just 250 copies! The guys over at the HVMM headquarters
really stress STAR treatment for their customers, so I’ve been told they
want to make sure they have the resources to handle the initial batch (a
smart thing to do, in my opinion).

But that means there is only a small window of opportunity for you to get
your hands on one of these. If you’re looking for a simple method that puts
you on the fast track to upping your trade ROI – you MUST hurry (and don’t
say I didn’t warn you!):

http://www.netpicks.com/cmd.php?af=1004071&u=http://www.highvelocitymarketmaster.com/

Take advantage of a system that’s not just a fancy box, but a comprehensive
training method that will support you through your trading career!

Good Trading

P.S. You may have received an error message when trying to order
yesterday. Try it again today – with yesterday’s launch day chaos, their
payment processing had a few hiccups. Not to worry though, you still have a
bit of time left:

http://www.netpicks.com/cmd.php?af=1004071&u=http://www.highvelocitymarketmaster.com/

One hour warning – Forex Income Engine 2.0 almost sold out

Dear Traders,

In just about one hour, the digital doors will open to the
world for access to one of the most talked about forex
trading methods of the year.

If you’ve been following lately, 30+ yr veteran trader and
highly respected trading educator Bill Poulos is releasing
his Forex Income Engine 2.0 at 10 am Eastern Time this
morning…

…but it may already be too late.

That’s because Bill let existing students of his course get
first crack at the new version – and some 500 snapped up
copies last night.

He could actually sell out in just one day — that’s how
badly people want his Forex Income Engine 2.0.

Why?

Because it finally shows you how you can:

* Triple your profit potential and provide the best chance
for a successful trade…

* Get started with as little as a $500 trading account using
“mini lots”…

* Have a flexible method that can trade when YOU want to
Trade…

* Enjoy frequent and fast trades from start to finish by
quickly identifying only the highest-probability, lowest-
risk trades…

* Practically “rub out” account-crippling losses by using
simple yet profoundly powerful risk management rules…

* Become an independent trader and stop relying on so-called
gurus, black box systems, or other gimmicks.

So, if you have ANY INTEREST in taking back CONTROL of your
own trading future, I urge you not to waste one second…

Get your copy at 10am Eastern time right here:

http://www.flexiblefx.com/y/?i=773362&u=2&l=f65

You can go to that page right now, and keep refreshing until
you get in.

Good Trading!

p.s. – Listen to what one trader said
about why he wanted the Forex Income Engine:

“I have traded the forex market on and off since 2002 and
lost money and ran into a lot of scams. I finally ran across
Bill…and since learning a few of (his) methods I have
earned back all the money I lost due to scams and false
claims about EA’s or black box solutions.”

ZuluTrade Top Forex Signal Providers For Week of Nov 14 2008

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Hey everyone. Here are the top ZuluTrade forex trading signal providers for this week ending Friday November 14, 2008. My account is down 561 pips 🙁 This crazy market volatility is really challenging. Anyways, without further ado here are the top performing signal providers:

Top Signal Providers for this week:

fxtrader7 277 pips $2,403.06
hehehe 986 pips $9,363.77
Forest Fx Capital 476 pips $5,111.43
newdoug 500 pips $7,291.99
MillionaireCMG.com 2032 pips $20,539.95

Wow, 2032 pips coming from MillionaireCMG. That’s quite an impressive result. I’m going to keep an eye on this signal provider and if they keep up this stellar performance I will add them to my ZuluTrade portfolio.

IBFX Summer Mini Challenge Extravaganza

I just learned that IBFX too is having a trading contest – neat! So you think you’ve got what it takes to win, eh? 😉 Well good for you and I wish you success! Here is the official news release:

For the months of June, July and August, IBFX will be presenting our Summer Mini Challenge Extravaganza, with opportunities for traders to win prizes, electronics and more! Each month, over $7,500 in cash and prizes will be awarded to the top 100 mini challenge contestants with the highest percentage gain. At the beginning of each month, the slate is wiped clean and traders will have a new opportunity to win the monthly prizes. All of the standard Contest Rules will apply.

Prizes:

1st $3,000
2nd $1,500
3rd $750
4th $500
5th $250
6-10 8 GB iPod Nano loaded with IBFXU audio classes
11-20 IBFX ball cap
21-30 Our ever popular IBFX t-shirt
31-50 1 GB IBFX flash drive
51-100 2 pack of IBFX golf balls

To register for this contest click this link.

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

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 oil lower.

Europe’s common currency declined after Credit Suisse Group said it may have a loss this quarter because of writedowns on debt securities. The dollar climbed to the highest level in more than a week versus the currencies of its major trade partners as crude, which is priced in the U.S. currency, dropped after a government report showed weaker demand for fuel.

“The main driver is the liquidation of long commodity positions, specifically crude oil,” said Lee Hardman, a currency strategist in London at Bank of Tokyo-Mitsubishi UFJ Ltd. “That’s potentially been a positive for the dollar on the back of the drop in commodity prices.”

The dollar advanced to $1.5443 per euro as of 7:55 a.m. in New York, the strongest since March 12, from $1.5626 yesterday. It gained to 99.66 yen, from 99.03 yesterday. The European common currency weakened to 153.87 yen from 154.80.

The U.S. Dollar Index traded on ICE Futures in New York, which compares the currency to those of six trading partners, rose for a third day, to 72.76, the highest since March 12, from 72.144 yesterday. The gauge fell to a record 70.698 on March 17, when the dollar slumped to $1.5903 per euro, the lowest level since the European currency’s debut in 1999.

The dollar may rise to $1.5280 per euro in coming weeks, where it will meet resistance, a level where sell orders may be clustered, Hardman forecast. He predicts the U.S. currency to resume its drop, to $1.60 per euro, citing a “continued erosion of the dollar’s yield advantage” as the Federal Reserve keeps cutting interest rates.

Gold Slumps

Gold headed for its biggest weekly drop in 25 years, plunging 12 percent from its record $1,032.70 an ounce. Oil fell below $100 a barrel for the first time since March 5, and copper had its biggest two-day decline in seven months.

The euro also weakened after a report showed today growth in Europe’s service and manufacturing industries slowed more than economists forecast.

A preliminary estimate of Royal Bank of Scotland Group Plc’s composite index fell to 51.9 in March, from 52.8 in February, Reuters Plc reported. Economists expected 52.4, according to the median of 14 forecasts in a Bloomberg News survey. A reading above 50 indicates expansion.

The single European currency declined after European Central Bank council members Yves Mersch and Guy Quaden said yesterday financial-market turbulence caused by the U.S. housing slump will last longer than expected, weighing on Europe’s economy.

U.S. Influence

“The weakness in the U.S. will be felt in the euro zone and by the third quarter we are expecting the ECB will be cutting rates,” said Tim Condon, head of Asia research at ING Groep NV in Singapore, a unit of the biggest Dutch financial-services company. “Right now, the markets are very bearish on the U.S. and less bearish on the euro, but as time passes, that is going to change.”

ECB policy makers have refrained from cutting borrowing costs as they weigh the risk of slowing growth against accelerating inflation. Investors still expect at least one reduction in the 4 percent benchmark rate this year, futures trading shows.

A technical gauge that had in recent weeks indicated the euro may have risen too far and too fast against the dollar fell below the level that signals a reversal for the first time since Feb. 26. The Relative Strength Index was at 62 today, from 75 yesterday. The 70 level indicates a currency may be overbought.

Credit Suisse

The Swiss franc declined against the dollar and the euro after Zurich-based Credit Suisse said writedowns of $2.65 billion, caused by deliberate mispricing by traders, will be spread over the fourth quarter and first three months of 2008.

The franc traded at 1.5651 per euro, from 1.5595 yesterday. Against the dollar, it declined to as low as 1.0168, the weakest since March 13, from 0.9982 yesterday.

The pound surged against the euro after a government report showed retail sales in Europe’s second-biggest economy rose more than forecast last month. Retail sales increased an annual 5.5 percent, compared with an increase of 3.6 percent anticipated by economists in a Bloomberg News survey.

The U.K. currency rose to 77.92 pence per euro, from 78.76 pence yesterday and compared with a record low of 79.12 on March 17. It traded at $1.9819, from $1.9843.

Iceland’s Krona Rebounds

The Icelandic krona rebounded after slumping to a record low against the euro yesterday as risk-averse investors sold higher- yielding assets and widening losses at financial services companies pushed up the cost of insuring the country’s banks against default. Iceland’s key interest rate of 13.75 percent is the second-highest in the developed world.

Iceland’s currency traded at 121.599 per euro, from 122.0864 yesterday, when it plunged to a record 127.985 per euro. It extended its decline against the dollar, dropping 0.8 percent to 78.74, from 78.12 yesterday, when it touched 81.61, the weakest level since September 2003.

Traders may also be reducing bets that the dollar will decline in case of large currency swings during the Easter vacation, said Daniel Katzive, a New York-based currency strategist at Credit Suisse Group, in an interview on Bloomberg radio today.

“We think that the dollar is benefiting from profit-taking on profitable shorts heading into the long weekend but we don’t think it marks a turning point for the dollar beyond the very short term,” Katzive said. “Fed policy is very accommodative. While U.S. yields remain low relative to the rest of the industrial world the dollar is going to struggle to recover.”

Futures on the Chicago Board of Trade indicate a 54 percent chance the U.S. central bank will cut its rate by another half point by its June meeting. The odds of a quarter-point cut in April were 38 percent.

–end quote–