Entries from July 2009

Seminar in Vegas!

Date July 31, 2009

I will be offline for a few days next week as I will be conducting seminars at the Forex and Options Expo in Las Vegas. If you are around, please check out and come by and say hi!
The convention will be held at Caesars Palace August 2-4
Here are my sessions:
Monday 8/3: Fast and [...]

The 1930s Redux

Date July 31, 2009

I found something really interesting about the similarities of some of the news headlines in July to that of the 1930s.
Here’s news from July 24 2009 and July 24 1930. The news from today’s Wall Street Journal has been inserted and bolded to show the similarities. History doesn’t repeat, but does it [...]

Daily Show Clip on How Geithner Can’t Sell His House

Date July 30, 2009

As usual, this is another great piece from the Daily Show last night on how Tim Geithner can’t sell his house:

The Daily Show With Jon Stewart
Mon - Thurs 11p / 10c

British Pound: Will it Break the Range?

Date July 29, 2009

For the past four trading days, the British pound has been stuck in a 200 pip range against the U.S. dollar and a 115 pip range against the Euro. However the bottom of the range in both the GBP/USD and EUR/USD have been broken, leading currency traders to wonder if the larger range will be [...]

FX Market is Slowing! Forex Trading Volume Shrinks

Date July 27, 2009

Unfortunately the forex market has not escape the impact of global deleveraging and the failure of Lehman Brothers in 2008. Central banks from around the world have released their semi-annual foreign exchange surveys and based upon all of the reports, forex trading volume decreased significantly between April 2008 and April 2009. Investors large [...]