Australia: RBA Minutes - Higher interest rates would be required if growth continues

 The RBA have just released their latest minutes, and as expected some hawkish comments were seen.  The RBA commented that the inflation pressure coming from the increase in investment that...

UK's Public Sector Net Borrowing soars

National Statistics relase of public sector finances revealed that the United Kingdom's Public Secotr Net Borrowing rose to an astonishing £15.302Bn in August.  The previous data was revised down...

Gold bullion sets new all-time high above $1280

The gold bullion continues to soar on Friday, as global foreign exchange rate policy tensions as well as US dollar weakness make the precious metal attractive as an alternative investment. In early trading...

Swiss Interest Rates unchanged

Beyond even almost the slightest bit of uncertainty, the Swiss National Bank decided to maintain the current stand of Interest Rates at 0.25%, just as forecasted.  The central bank's release states:...

Make The Currency Cross Your Boss

In the stock market, a trader has the opportunity to choose from more than 5,000 companies - hundreds of which will rally in the most vicious of bear markets and thousands of which will crash during the...

Goodman’s Swing Count System

"You Can Figure the Markets, but You Can’t Figure the Human Race" Historical PerspectiveThe Principles of Goodman’s Swing Count System were informally set forth in a series of annotated commodity charts...

TRADING: A MIND GAME

You must change your mental attitude first from a normal person to that of a speculator. Almost all traders I have met, except a few successful ones who really made millions and billions trading in the market, simply waste all their time trying to learn the easiest part in perfection, like about how...

Essential Elements of a Successful Trader

Courage Under Stressful Conditions When the Outcome is UncertainAll the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. Trust me when I say that...