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March 2009 Blog Posts (9)

THE CRISIS EXPLAINED

By Unknown

By Unknown

The financial crisis explained in simple terms...Heidi is the proprietor of a bar in Berlin. In order to increase sales,she decides to allow her loyal customers - most of whom are unemployedalcoholics - to drink now but pay later. She keeps track of the drinksconsumed on a ledger (thereby granting the customers loans).Word gets around and as a result increasing numbers of customers floodinto Heidi's bar.Taking advantage of her customers' freedom from… Continue

Added by Joshua on March 31, 2009 at 1:08am — 1 Comment

price reverse or down?

pls comment..?

Added by Jamal Mirdad on March 29, 2009 at 7:31pm — 1 Comment

Eur/Usd: Trade of The Day

Casey Stubbs -- Winners Edge Trading

8:30 am Est

This morning the news to watch is new home sales. If the number is better than expected we could see a move in the Euro or if the number is worse than expected I think the Dollar could move higher. This is because of risk aversion and traders putting money in the Dollar because it is viewed as a safe haven.

The key support level to watch in this mornings trading is 1.3414… Continue

Added by Casey Stubbs on March 25, 2009 at 3:48pm — No Comments

Eur/USD: Trade Opportunities

Casey Stubbs-- Winners Edge Trading

The Eur/Usd:

is currently at 1.3541 and is looking to challenge the resistance level of 1.3649 the pair just challenged the support level of 1.2500 and if that lower level breaks we could see a target of 1.3423.

The Euro (EUR) was mixed as profit taking hampered further gains and the market asked questions about the next move the ECB will make. Both cutting rates or QE from the ECB… Continue

Added by Casey Stubbs on March 24, 2009 at 5:58pm — No Comments

Chart EUR/USD – 30 Day

The Dollar seemed to be holding its own until the US government began unveiling their spending plans. The chart below shows a direct correlation between the various spending bills and their effect on the value of the Dollar against the Euro. To think this is coincidence, one only needs to look at the USD versus every major currency and a similar pattern will be revealed. IN the past 30 days, the Dollar has lost over 7% to the Euro – a staggering number. And many are predicting that this could… Continue

Added by princess Todd on March 24, 2009 at 12:00pm — No Comments

Geithner in Wonderland

The Heritage Foundation

FRIDAY, MAR 13, 2009

Geithner in Wonderland

When President Barack Obama introduced Sen. Judd Gregg (R-NH) as his nominee for Commerce Secretary, Obama said of Gregg: “He shares my deep-seated commitment to guaranteeing that our children inherit a future they can afford.” After yesterday’s Senate Budget Committee hearing, we now know why Gregg eventually decided he could not in good faith join the Administration. Referring to the… Continue

Added by Joshua on March 24, 2009 at 6:42am — 1 Comment

Eur/Usd: The Week Ahead

Casey Stubbs-- Winners Edge Trading

This past week was a wild ride for the Eur/Usd as the pair had more price action last week than we have seen for some time. This week ended with Euro gains for the third consecutive week.

Will the Euro continue to move against the Dollar this week?

Their are several factors to consider to help us see what is happening with this currency pair. The first factor is that despite the… Continue

Added by Casey Stubbs on March 21, 2009 at 9:48pm — No Comments

Fed Moves Spark Refi Madness!

The Federal Reserve has done it now. In poker terms, it’s gone “all in.”

Specifically, the Fed said this week that it will ramp up its purchases of Fannie Mae and Freddie Mac Mortgage Backed Securities (MBS) from $500 billion to a whopping $1.25 TRILLION in the coming months. The Fed is also going to double its purchases of Fannie Mae, Freddie Mac, and Federal Home Loan Bank bonds to $200 billion from $100 billion.

And for the icing on the cake …

The Fed will… Continue

Added by Casey Stubbs on March 21, 2009 at 5:56am — No Comments

Good News for all Forex Traders

Dear Friend

Have you been informed about FAP TURBO? If not then please allow me to explain about this Auto Pilot. It is very difficult to make profit everyday and every time we trade. Sometime we also face losses and sometime profit. What would happen if we sit idle and a robot trade for us and bring profit every time. It is possible now. Somebody have already invented this for us. Yes, I am talking about FAP TURBO. It’s a forex-trading Robot. You can check it out… Continue

Added by Durlov Charan Chakravarty on March 16, 2009 at 3:30pm — 3 Comments