Webring - Forex
Well my friends, Happy New year and welcome to Trading 2011, this I feel is going to be a mega volatile year with some epic battles between the bulls and bears. Last year saw a massive recovery in equities, based pretty much on thin air. We saw the sick Euro attempt to move lower for the first six months and the hold steady by a combination of skullduggery and smoke and mirrors, to the point where it’s difficult to see who works for who…. This is why I concentrate on scalping the forex markets, rather than taking long term swings.
2010 saw the rise of the European PIIGS (Portugal, Ireland, Italy, Greece and Spain) and we’ve seem massive rescue and firefighting by the ECB and Eurocrats to sustain the beleaguered currency. Rather than let it devalue and improve European exports, all was done to strengthen the Euro and move it as high as possible, turning a small minority of European countries into European saviors to the detriment of their own economies and causing consternation among their citizens. It is now thought the 55% of Germans want out of the Euro. 
No surprise there. And as we’ve seen in the past, you can only fool some of the people, some of the time….
Improving data from the US has not really helped the USD as with such massive debt, it is clearly in US interest to keep the USD as low as possible. Of course, this “”low inflation”” environment is also a smoke screen which collapse, and the incredible amount of printed money will cause serious inflation, pushing metals higher and higher as confidence in fiat money diminishes fast. A whole raft of new measure will be introduced and the middle classes will be squeezed big time. Check out this site for some interesting data www.sovereignman.com
As far as day and intraday trading are concerned, I continue my usual scalping and swing method which you can find here in this blog =>scalping the forex markets, alongside my news trades using SNW.
Forex Rebellion continues to be mega helpful, just closed a great short Euro/GBP using it, see below.
As far as the big picture is concerned, for longer term trades in all areas including Property, International and other I use the Elevation Group.
For fun and for small profits I have joined Fortune2x2.
Wishing you a great 2011, Happy, Healthy and prosperous.
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Thanks for the article, I have been using both SNW and Forex Rebellion for years and making a packet. Will now check out the new Neural networks available.
Seb
Thanks Seb. Yep, I make nearly 45% of monthly profits with SNW and Forex Rebellion, and am now looking at Neural Networks too.
This looks awesome, guys. This is going to be a real great and it has a very nice
idea. Thanks for sharing the goodies
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