28 December 2009 - 23:23trade of the day 12/28
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About Forex Traders Inc.
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No Comments | Tags: Trading Advice
For all Broco Customers there is a New Year Special Offer for the period from December 15 till December 31. Broco will cover all fees for the first ten lots in CFD futures contracts! Thus you will get only the profit without any costs!
If you will close the trading in CFD futures for the summary volume of ten lots (or more) during the indicated period, then Broco will cover all fees for the first ten trades. It does not matter which CFD instruments will be traded, the only important thing is that the summary volume of specified trades would be minimum ten lots. And of course, mini- and micro-contracts trading will be recognized as well — if the summary volume of such contracts is ten full lots, you will get the fees covered!
The amount of fees compensation will be transferred to the Clients’ live trading accounts as cashable funds in the period from January 01 till January 05, 2010.
Earn the profit on CFD with Broco!
Please note, that it is a question of full lots, not the deals. If you will trade in more than ten lots, you will get the compensation of fees for the first ten of them.
We would like to remind you that the New Year special offers and pleasant surprises from Broco are still taking place! On December 11 a special offer has started, under which every Broco Customer is going to receive a gift deposit to the trading account: you will receive the bonus at the amount of 10% of the difference between the amount that your are depositing and the amount that your withdrawing. This special offer is valid until December 31.
Close to the New Year — only the comfortable trading and no cost!
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As many traders wind down for the holidays the U.S. dollar is getting a much needed boost by the pressure we have put on Congress to scrutinize their spending and that of the Fed Reserves activities. Bernanke’s claims of ending the “quantitative easing” (printing money) as he sought reappointment to the chairmanship of the Fed helped to shore up the dollar in recent sessions. We shall see if now that he has been given a pass by the Senate if he follows through with this or if his organization will continue to loan money into existence at record levels.
Meanwhile stocks took a beating today on the Dow composite and zombie banks like Citigroup are drooling on themselves wondering who will bail them out if not the Fed. Without the “quantitative easing” this suckers rally wouldn’t have occurred and it seems that traders are securing profits on this Fed inspired rally while they still can. If the trading range of the Dow is broken to the downside, we could very well see additional gains in the dollar in the coming weeks. Last year we witnessed a dollar rally on the back of the stock meltdown. This year we saw the injection of the funny money which brought stocks up and the dollar down. Again, if Bernanke word can be trusted (it can’t) and the printing press is shutting down expect to see a rally in the dollar and another crash in stocks, at least in the financial sector.
The third factor to consider is the Climategate situation, where we have communists like Hillary promising to give $100,000,000,000 A YEAR we don’t have to “developing” nations (read transfer of wealth) to help them reduce emissions of naturally occurring compounds. The sad truth is, the people who are supposed to be serving us in government are swearing their allegiance instead to global socialist governance through the UN. The only way to accomplish that is to sabotage the U.S. economy and the U.S. dollar which will bring America to it’s knees. Which is exactly what Bernanke and Obama have been doing. Now the CFR’s evil offspring, the Crap and Trade conference and the U.N. itself are in position to make the new world order reality with our sitting president also president of the U.N. which by the way is illegal according to the constitution he was elected under. By the time he is done with his subversive activities, We will be longing for the days of JR who if nothing else knew when to tell the U.N. to go stuff themselves.
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A fellow trader brought to my attention the following:
There is a bill being proposed that intends to put a 0.25% tax on trading
transactions (on the ES contract, if trading at 1000, this
would be $125.00 per side!). Passing of this bill would pretty much
destroy all trading, make the markets illiquid, cause the loss of
untold jobs and would make the markets susceptible
to crashes.
Please make your voice heard by going here to vote against this
bill:
This site will send letters to your congress person and senators
either by email or mail (your choice).
This is an important issue make sure you act in an effort to stop
such foolishness from passing.
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