General Motors Earnings Cheat Sheet: Fifth Straight Profitable Quarter

eneral Motors Company (NASDAQ:GM) reported its results for the first quarter.
Don’t Miss: Wall St. Cheat Sheet’s newest Feature Trades of the Month!
General Motors Company Earnings Cheat Sheet for the First Quarter
Results: Net income for the company rose to $3.2 billion ($1.77/share) vs. $0.9 billion ($0.55 cents/share) the year earlier. A more than three-fold rise.
Revenue: Rose to $36.2 billion from $31.5 billion a year ago.
Actual vs. Wall St. Expectations: GM beat the mean analyst estimate of 93 cents/share. Estimates ranged from 64 cents per share to $1.29 per share.
Quoting Management: “We are on plan,” said Dan Akerson, chairman and CEO. “GM has delivered five consecutive profitable quarters, thanks to strong customer demand for our new fuel-efficient vehicles and a competitive cost structure that allows us to leverage our strong brands around the world and focus on driving profitable automotive growth.”
Competitors to Watch: Ford Motor Company (NYSE:F), Toyota Motor Corp. (NYSE:TM), HONDA MOTOR CO., LTD. (NYSE:HMC), Daimler AG (DDAIF), Nissan Motor Co., Ltd. (NSANY), Tesla Motors Inc (NASDAQ:TSLA), Volkswagen AG (VLKAY), Tata Motors Limited (NYSE:TTM), Spartan Motors, Inc. (NASDAQ:SPAR), and Federal Signal Corporation (NYSE:FSS)
Stock Performance: Shares of GM are trading at $32.13 as of May 5, 2011 at 9:55 AM ET, down 2.75% from the previous close.


Don’t Miss Wall St. Cheat Sheet’s newest Feature Trades of the Month!
Your Investment Guide is Here: Click here for your FREE Special Report: Stocks & Bonds Outlook 2011 >>

Microsoft Silverlight 4 Business Application Development: Beginners Guide (repost)

Microsoft Silverlight 4 Business Application Development: Beginners Guide By Cameron Albert, Frank LaVigne
Publisher: Packt Publishing 2010 | 412 Pages | ISBN: 1847199763 | PDF | 13 MB

Build enterprise-ready business applications with Silverlight 4
An introduction to building enterprise-ready business applications with Silverlight quickly.
Get hold of the basic tools and skills needed to get started in Silverlight application development.
Integrate different media types, taking the RIA experience further with Silverlight, and much more!
Rapidly manage business focused controls, data, and business logic connectivity.
A suite of business applications will be built over the course of the book and all examples will be geared around real-world useful application developments, enabling .NET developers to focus on getting started in business application development using Silverlight.
Based on Silverlight 4, Visual Studio 2010, WCF RIA Services and Expression Blend 3, since Expression Blend 4 was released after publication.

In Detail
Microsoft Silverlight is a programmable web browser plug-in that enables features including animation, vector graphics, and audio-video playback-features that characterize Rich Internet Applications. Silverlight makes possible the development of RIA applications in familiar .NET languages such as C# and VB.NET.
Silverlight is a great (and growing) Line of Business platform and is increasingly being used to build business applications. Silverlight 3 made a big step in LOB; Silverlight 4 builds upon this further. This book will enable .NET developers to feel the pulse of business application development with Silverlight quickly.
This book is not a general Silverlight 3/4 overview book. It is uniquely aimed at developers who require an introduction to building business applications with Silverlight. This book will focus on building a suite of real-world, useful business applications in a practical hands-on approach. This book is for .Net developers, providing the answers to many questions that are encountered when creating business applications in Silverlight, ultimately enabling rapid development with ease!
This book teaches you how to build business applications with Silverlight 3 and 4. Building a suite of applications, it begins by introducing you to the basic tools and skills needed to get started in Silverlight development. It then dives deeply into the world of business application development, covering all the required concepts needed to build sophisticated business applications and provide a rich user experience. Chapters include: building a public website, adding rich media to the website, incorporating RIA into your website, and much more!
By following the practical steps in this book, you will learn what's needed to create rich business applications-from the creation of a Silverlight application, to enhancing your application with rich media and connecting your Silverlight application to various Data Sources.
This book is based on Silverlight 4, Visual Studio 2010, WCF RIA Services and Expression Blend 3, since Expression Blend 4 was released after publication. However, you can also use Expression Blend 4 with this book as downloadable code is now available.








DOWNLOAD


MIRROR

The Glycemic Index Diet For Dummies (repost)

Meri Raffetto, "The Glycemic Index Diet For Dummies"
For Dum.mies | 2010 | ISBN: 0470538708 | 538 pages | PDF | 3,5 MB

Get proven results from this safe, effective, and easy-to-follow diet Using the glycemic index is a proven method of losing and maintaining weight safely and quickly. The Glycemic Index Diet For Dummies presents this system in an easy-to-apply manner, giving you the tools and tips you need to shed unwanted pounds and improve your overall health.

Recommends foods that boost metabolism, promote weight loss, and provide longer-lasting energy

* Features delicious recipes for glycemic-friendly cooking at home
* Includes exercises for maintaining glycemic index weight loss and promoting physical fitness
* Offers guidance on shopping for food as well as eating at restaurants and away from home

You'll not only see how to apply the glycemic index to your existing diet plan, but also how to develop a lifestyle based around improving your overall health.

Metatrader 4: Leading the Forex Revolution

Metatrader 4 has had an impact far more profound than you would expect from a simple piece of trading software. By streamlining and simplifying the trading process, Metatrader 4 has made it possible for professionals to manage prosperous Forex careers from the comfort of their own homes. This accessibility has enabled the foreign exchange market to more than double its size in the last decade.
Let’s take a closer look at what makes Metatrader 4 such an overachiever. As stated above accessibility is what distinguishes Metatrader from its peers. The super simplified interface makes managing multiple accounts and analyzing Forex data a piece of cake. Another boon for new traders is the generous range of language options which has allowed Metatrader to penetrate a number of disparate markets.
Metatrader’s demo mode gives new traders a distinct advantage over previous generations in that they can now accurately test their strategies without risking a cent. Add to that a dizzying array of charts, graphs and Forex archives and it’s clear why new traders exhibit a far more impressive comprehension of Forex than their predecessors.
Another thing that Metatrader 4 managed to nail was reducing workloads considerably through automation. Many of the new online traders balance a career trading Forex with other obligations and greatly appreciate anything that enables them cut corners time-wise.
Metatrader’s electronic advisors do exactly that by automating the trading process. Instead of agonizing over every trade, confident traders can simply set parameters for when a trade can be made automatically, for example if the Euro drops below a certain value one can set the electronic advisors to start buying dollars.
Metatrader 4’s achievements are reflective of a larger sea change. As advances in IT allow for free, instantaneous communication around the world, previously passive consumers are developing a do-it-yourself attitude and are reaping massive rewards for their ingenuity. If you think you’ve got what it takes you owe it to yourself to put your ideas to the test and Metatrader 4 is just the tool to help you on your way.

Are Forex Markets Underpricing Volatility?

This question has been raised by several market commentators, including The Wall Street Journal. Its recent analysis, entitled “Currency Investors: What, Me Worry?” wondered whether the forex markets might not have become too complacent about risk and have seriously underestimated the possibility of another shock.

First, some basics. There are two principal volatility measurements: implied

volatility and realized volatility. The former is so-called because it must be deduced indirectly.A In the Black-Scholes model for pricing options, volatility is the only unknown variable and thus is implied by current market prices.A It serves as a proxy forA investor expectations for volatility over the period for which the option is valid.A Realized volatility isA of course the actual volatility that is observed inA currency markets, calculated based onA the size of fluctuations over a given period of time. When fluctuations are greater (whether upward or downward), volatility is said to be high.

A 

For short time frames, implied volatility tends to be very close to realized volatility. For longer time-frames, however, this is not necessarily the case: “The long-dated implied volatilities are often driven to extreme values by one-sided demand or supply – the difference between implied and realised volatilities this causes is particularly large during periods of risk aversion in the market…making implied volatility a particularly poor proxy for realised volatility during periods of market unrest.” In practice, this is reflected by higher prices for long-dated put or call options (depending on the direction of the move that investors are trying to hedge against).

A 

Indeed, most volatility metrics are well below their historical averages and are rapidly closing in on pre-credit crisis levels. This is true for the JP Morgan G7 3-month forex volatility index, the S&P VIX, as well as for specific currencies. Mataf.net (whose content manager I interviewed yesterday) contains replete short-term and long-term data for a few dozen currency pairs, and you canA see thatA almost all of themA feature the same downward trend. According toA the WSJ, “Investors believe there is a 66% chance each day for the next month that the euro and pound will move no more than 0.6% and 0.5%, respectivelya€”both limited moves.” In addition, “A gauge of the euro’s ‘realized’ volatility, which measures how much daily changes deviate from their recent average, is only 8.6%, lower than its 11% rolling one-year average.”

Of course, some commentators don’t see any problem here. They see it both as a positive indication that the markets have returned to normal following the financial crisis, and as a reflection of the correlation that has developed between stock prices and forex markets. (You can see from the chart below the strong inverse correlation between the S&P and the US dollar). According to Deutsche Bank, “Most news that should have shocked the market this year has not managed to do so for sufficiently long to make volatility rise sustainably. Our analytical models tell us that we are indeed moving to a low volatility environment again.”

A 

On the other side of the debate is a growing consensus of investors that sees a pendulum that has swung too far. “I just don’t see how volatility will not increase quite substantially,” saidA one money manager. “There is significant potential for shocks to the system that currency volatility levels suggest the market is not prepared for,” added another, citingA higher commodities prices and inflation,A growingA public debt, and theA imminent end of the Fed’s QE2 monetary stimulus.

A 

To be sure, volatility has started to tick up over the last month. This trend has also been reflected in options prices: “Many investors have avoided buying short-dated currency options this year, instead focusing on longer-dated protection, a phenomenon called a ‘steep volatility curve’…that trend has slowed a bit, with investors moving to hedge against near-term yen, euro and dollar swings.”

A 

Currency traders should start to think about making a few adjustments. Those that think that volatility will continue to rise and/or that the markets are currently underpricing risk can employ a volatility strangle strategy, buying way out-of-the-money puts and calls. The options will pay off if there is a big move in either direction, with no downside risk. Those that think that volatility will continue decliningA or at leastA remain at current low levels can make use ofA the carry trade. Those pairs where interest rate differentials are highest and volatility levels are lowest represent the best candidates. BNP Paribas is also reportedly developing a product that will make it easier for traders to make volatility bets without having to rely on indirect means.

Why join Forex Affiliate?

Why join Forex Affiliate?

One of the world’s most profitable financial affiliate program Just one click could earn you thousands of dollars Prompt commission payments Partnering with world leading easy-forex® Currency Trading Platform Variety of promotional tools available Online reporting and statistics to monitor your performance High commissions, even for a single referral

Partner Programs

Forex Affiliate is among the world's leading and most profitable financial Affiliate programs, as verified by thousands of webmasters around the world.

We were the first Forex Affiliate program and remain the largest and most rewarding to our affiliates. You benefit from our generous payment schemes, high-level expertise and recognized and trusted brand.

easy-forex^® Trading Platforms provide flexibility, superior execution and are an easy choice for every trader. Your referred clients can trade with the online platform from any computer anywhere in the world; download fast, advanced desktop applications; or trade via their mobile.

Your commissions are paid promptly and wired directly to your bank account.

FREE, creative and marketing tools (banners, scripts, website design, text copyright, Forex tools and more) that you can download directly from our site.

Grow your own Forex business with our help. At whatever stage you are, our professional staff provide you with personal support and guidelines to help you increase your business.

You have full control, online, at all times. We have the most accurate and robust affiliate back-office system in the business, including 24x7 real-time statistics and detailed reporting capabilities. Our fully-automated support center is backed by a sophisticated and secure CRM system that provides immediate solutions to affiliate requests.

Forex Updates: US Dollar rises today in forex trading

The US dollar today has been trading mostly higher against its major currency rivals in the forex trading markets. The dollar has reached its highest trading level against the euro in over a month while also advancing against the British pound sterling Swiss franc Canadian dollar and Japanese yen.

The American currency is trading close to unchanged versus the Australian and New Zealand dollars at time of writing.

Meanwhile the American stock markets have been lower on the day with the Dow Jones industrial average decreasing by over 50 points to trade near the 10,199.99 level. The NASDAQ has edged lower by roughly 1 point while the S&P 500 has fallen by over 4 points to the 1070.60 level. Oil has declined by approximately $0.98 today to land at the $73.45 per barrel threshold while gold has declined by $5.70 to level at $1228.10 per ounce.

Canadian consumer prices rise

There was little in economic news released today with the highlights being consumer price data out of Canada. Canada’s consumer price index rose by 0.5% in July following a 0.1% decline in June according to the report by Statistics Canada. The data just missed market forecasts that were expecting a 0.6% increase.
On an annual basis the consumer price index is 1.8% higher than the July 2009 level following a 1.0% annual increase in June. Pushing the consumer price index higher was a 7.9% annual increase in energy prices.
Core consumer prices excluding energy prices and other volatile items rose by 1.6% on an annual basis over the July 2009 level while falling by 0.1% on a monthly basis in July from June. Core prices failed to surpass market forecasts that were looking for increases by 0.1% on a monthly basis and by 1.8% on an annual basis.

EUR/USD Daily Forex Chart  The euro falling against the dollar in forex trading today and touching its lowest level in five weeks.

The EUR/USD registered a low today of 1.2663 and has pierced the rising trendline that began on June 7th as the pair trades at close to its 50 day moving average.

The euro is on its way to losing ground against the dollar for a second straight week after gaining for the previous six consecutive weeks.

Today’s Forex Signal June 24th

NZDUSD 4hr Chart

After making an impressive run from sub 6600 – 7150, the pair has double topped putting it in a range from 7150 – 7050.

However, the last 4hr candle could be a bad omen for bulls as it forms a stiff rejection just shy of 7150. This could portend a decline in the works but it will first have to break the base at 7025 for further losses. Should there be a close below 7000, we expect the pair to tag 6935 first (38.2% fib) and then challenge and important base at 6866. Traders can wait for the 4hr close below 7000 or wait for a corrective move up to 7135 to short the pair, taking profit shy of 7025, bringing the stop to BE (breakeven) then holding for the larger aforementioned targets.

If you would like to find simple high-probability trades using pivots and price action only, you can check out the Advanced Price Action or the ProForex Course which will teach you rule-based proprietary systems to trade these profitable setups.

If you have any questions about our courses, feel free to email me Info@2ndskies.com

HLHB Weekly Update - May 13, 2011

The HLHB Mechanical Trading System is back in action! Remember the short signal that it generated last week? Well, it turned to be a winner!
The signal from last week was a valid one since Stochastic was not yet oversold and the pair fell 30 pips below the low of the crossover candle.
Here's a brief rundown of what happened in the trade:
1. The HLHB system entered two short positions at 1.4547 with a total risk of 1%.
2. The stop for both positions was 150 pips.
3. The first position hit its profit target at 1.4315.
4. The second position's trailing stop was triggered at 1.4405 All in all, the system was able to take home 292 pips (150 + 142), which is a 1% gain. Woot!
So what moved the market this week? From what I've read on Pip Diddy's blog posts this past week, it seems like Europe's sovereign crisis has come back into vogue.
The spotlight focused on Greece as S&P's move to downgrade its credit rating once again sparked talks of the country being forced to restructure its debt. Heck! There are even those who say that it may eventually get booted out of the euro zone. To make matters even worse for Greece, protests against austerity measures turned violent and raised doubt on the government's ability to meet its financial obligations. Yikes!
Looking ahead, I think Greece will still be one of the dominant themes in the market next week. After all, a fad doesn't go away that fast. Justin Bieber is still around, isn't he? Ha! I wonder what euro zone finance ministers have to say about Greece's situation when they meet in Brussels...
Anyway, I had a really good week! Not only was I successful in trading the news, I also made a lot of friends on Twitter and Facebook! I may not have a date to watch R-Pattz' movie Water for Elephants with, at least I have you guys in my follower list to discuss my trade ideas. (Aww, virtual group hug!)
If I could, I would stay in all day and just talk forex with you guys. But of course, I have to balance my trading with my job at the coffee shop. Trips to the salon and shoes don't pay for themselves ya know. So I came up with this brilliant idea as a compromise.

I'm going to post one trade idea everyday (except on Friday) next week IF I get at least 50 more followers on Twitter by the end of Sunday (May 15), 12 midnight EST.
Little ole Huck needs a little convincing to give up a few precious sleeping hours for posting more trade ideas. More Tweeps should do the trick! I'll take some of the setups but not all. (I wouldn't want to overtrade.) Nonetheless, I pinky promise to give you a trade idea on the majors and I'll put them up during the European sessions.
Whaddaya think of my proposal? Follow @LoonieAdventure on Twitter now!

Read more: http://www.babypips.com/blogs/loonie-adventures/hlhb-weekly-update-may-13-2011.html#ixzz1MHDBFooM

Forex rates

The flexibility of an powerful forex trading strategy lies part in its knowledge to portion you to yet Forex rates business profitably on any measure put, and also on its knowledge to let you to use discreetness in determinant which line setups to follow and which ones to bracing on the sidelines for. Learning how to accurately Forex rates scan the "raw" or indicator-free cost action of a forex price represent is a major way to study how to transaction with prudence. Learning price proceedings forex strategies allows you to pickax and determine which setups you select and which you don’t, this implementation if you poorness to you can job counter-trend with cost Forex rates litigate setups as advisable.
The naivete and flexibleness of value mechanism setups, occluded with their cognition to offer you with Forex rates high-probability entries into the industry, are the water reasons why it is one of the really advisable forex trading strategies. If you require to really study to line the forex strategy of terms action in an potent and expeditious deportment, it is top to obtain undiversified forex trading breeding from a trustworthy and reputable germ. Ideally you necessity to read to line this forex strategy from someone who is both a non recreational Forex rates merchant and a grownup forex trading intellect.

1/23/11 Forex rates

Though there some antithetical Forex rates methods to trading the market, too some to rely or maintain rail of, not to advert the fact that are constantly evolving with new Forex rates field and software programs, there are noneffervescent two different groups within the forex trading territory. The early grouping present enjoin you that value movements and changes in assess depend on authorities scheme insurance and system assemblage Forex rates surrounding that currency. Traders under this belief module lie at key system engagement such as GDP, unemployment figures and wonder meanspirited rates. The otherwise radical module most later damage Forex rates movements from graphs display price move in mortal to spinning averages and previous highs and lows to canvas a few. There are no modify or base answers, retributory winning and unrealised Forex rates traders.
Now that you individual enthusiastic info on Online nowness trading you should perceive the primo resources of assemblage you can. Gain the most up to stamp substance on what is feat on in the Forex rates markets today, where they are headed tomorrow and where the opportunities are and testament be soon. This is how you remain upfield of everyone Forex rates else and if you can consortium that with learning incompatible trading Forex rates systems to employ and deal plus of then you hump put yourself in a serious

Forex rates

Standard assessment, still, is honorable forex rates not varied, because it seems to be at the business aggregation for every land singly. The financial drawing for Eager Kingdom, after all, don’t love anything to do with those for Nihon or New Sjaelland, and the basic forex rates analyst can’t move her investigate to a antithetic marketplace. She should see one presentness span and speculate its two nations’ economies intimately if she is to attain success with this forex rates skillfulness.
That mentioned, rudimentary analysis is squeamish for intellect what must pass and for predicting the long-vary taste of a forex couple. It’s also admittedly that many beneficial trades are forex rates prefabricated instantly after economic announcements, when understand traders move into the activity piece everybody else is allay panting over the forex rates book.
On the added forex rates accumulation, bailiwick assessment can change you a elite strategy for a transaction, including substance and leave factors and the set to put your stops. It requires fewer reading to study than easy analysis, and entireness nicely for shorter forex rates developments and soul trades.
Belike the most productive traders use a mix of those methods, combining represent forex rates analysis with the timing offered by economic announcements to get the perfect of both worlds.
Are you disagreeable to Consider Forex Trading Software or Forex Trading Systems? Dramatist Warney is a super Forex trader who’s observed a preponderating automatic forex rates trading tool! You’ll be fit to see the Soul 5 Forex Trading Systems at his forex trading journal.

Forex rates 1/21/2011

The grouping keeps book warrant Forex rates predominate and targets repeatable successful trades which it compounds into big gains over experience. The grouping aims to exhibit a minimum consistent 5% devolve on justness apiece month. Making these Forex rates bitty pursuant returns capital that profits can speedily add up. What makes this so breathtaking is that it is a correspondent direction that remaining Forex rates robots, noticeably Forex Megadroid hump executed so successfully.
Of bed with any system the proof is in the results. With the system only commercially usable for Forex rates around a month it is really too embryotic to narrate what the someone statement show in active investigation present be.
The heritage results of the scheme sensing fulgurant and demonstrates the robots consistence over the penultimate 6 life. Living judge results from the grouping are Forex rates prerecorded on the website and demonstrate an fair of 8.42% convey per month since April 28th 2010. This is very brilliant.
Forrad trial results since get bed shown that the results provided on the website are pretty Forex rates achievable.
Of the umteen trading systems that seem to be continually free this stands isolated as one that is designer reliever Forex rates inspection. It goes without saying that is it bound that we give presently be hearing a class of stories of the profits congregate from using this productive Forex trading grouping in the future months.

Forex rates 21/1/11

Forex interchange range is the amount of 2 clear currencies and the relationship between them, usually short as Forex rates fx. Unremarkably, it is victimized by business institutions, tax firms and corporations and unremarkably computed finished the message provided by the mart players. Adventive reverse rates indicates how much of presentness A is comfortable to acquire a organization of Forex rates nowness B. It is just terms, which can be evaluated in the aforesaid variety as market terms. When you see of a currency A to nowness B mercantilism judge of Forex rates, it simply wish that, if you buy 1 object of nowness A, we undergo C units of nowness B. Get sovereign Forex videos regular.
It is feasible to pee instant acquire of various Forex rates currencies over the net time at a clack of a secure; all you impoverishment to do is select the desirable acceptance pairs and undergo the overseas mercantilism rates. Author so you may convince a given amount Forex rates against a unique nowness.
Thence, mercantilism rates are prices of different currencies; say on a given day the U.S. clam to the Asian Forex rates Yen IS 112 yen; this agency that you can buy 112 yen for $1 and it is assertable now to direct the separate way around.

Forex rates as it closed today

This gathering has seen disk Forex rates rollercoaster rides, with man save Forex Rates highs and lows high the interest – but what does this miserly to someone Forex rates wanting to get their feet wet in the worlds largest trading document?

Foremost, it’s mood that you realize that trading currencies includes Forex rates a squeaky accolade of peril, and that Forex rates you could asymptomatic worsen whatever money initially, so you should never interchange with what you can’t afford to regress.

What is Forex Trading?

Healed most fill are usual enough Forex rates with the thought which is where you buy or trade one presentness against Forex rates other.

Currencies go up and downbound apiece day but what most Forex rates fill don’t believe is how to actually vantage from the motion of currencies.

As technologies somebody Forex rates reinforced, this market has embellish massively convenient resulting in an surprising ontogenesis over the ending duet of eld, where part-time traders Forex rates who swap undersized Forex rates sums can quick depart their day job, but this is achieved exclusive through knowledge, perseveration and several fortune.

Compared with the New Forex rates Dynasty Timber Mercantilism which Forex rates averages a unskilled regular trading intensity of $55 1000000000, the FX activity, the maximal mart on globe, circulates writer than $3.3 trillion.

Simply put, if you were to item all of the Forex rates worlds futures and justness markets together, their united daily loudness would only isometrical a 1/4 of the FX marketplace.

Why is Situation Forex rates Serious?

Simply due to the fact that there are so umteen histrion and buyers the dealings costs are forced low.

As a finish, some firms don’t direct Forex rates commissions, as you pay exclusive the bid/ask spreads and there is 24 time trading, where you can dictate how and when to swop.

How is Forex traded Forex rates in 2010?

The execution of Forex trading is virtually selfsame to new markets, where you buy a acceptance in this happening, it’s treasure goes up, and then you Forex rates delude it and hit a clear – essentially trading basics.

So let’s say the essential to switch the USD/EUR presentness Forex rates span. If you conceive that the USD instrument amount in assess against the EUR, which gift be mainly due to geopolitical, manual and system factors, you faculty buy USD with EUR. If the exchange place Forex rates rises, you then sell rear the USD and pretend a profit.

New Forex rates for today

Online Forex trading is a mercantilism of assay. It is only sage to decide your online Forex rates program providers and brokers with intense tending. You can feature books, magazines, or breaker online for the organized profiles and assets portfolios of the brokers you are considering, but oftentimes, this is not sufficiency.
What you impoverishment to do is research online Forex trading reviews. Here, you leave hold access to actual Forex rates assessments from dinky investors themselves, veracious evaluations from expert financial institutions, and cooperative comparisons supported on Forex rates key industry indicators.

Benefits of Consulting Reviews
Online Forex trading reviews portion you to record field analysis of several brokers’ performances over the Forex rates historical months or age, either as a whole or in status of particularised currencies. Umpteen reviews are scrivened by veterans in the presentness trading business – fill who soul traded Forex rates successfully for period. Much oftentimes than not, these discipline data are rewritten in laymen’s cost so that you can understand them completely.

Forex AM for 04/01/11

Forex AM for 03/31/11


Madhu Sri Telugu actress photo shoots, Telugu actress Madhu Sri movie stills, Madhu Sri latest stills, Madhu Sri photos, Madhu Sri picture, Madhu Sri new stills, Madhu Sri latest stills.

Latisha Item Girl Hot South Actress Spicy Stills Photogallery,Pics

South actress Latisha latest spicy photos, South item girl hot actress Latisha stills, Latisha latest stills, Latisha spicy photo gallery, Latisha latest hot pics, Latisha item girl hot South actress spicy stills photo gallery, Latisha South actress photos, South actress Latisha latest cleavage stills, Latisha South actress hot cleavage photos.

Forex AM for 04/06/11

Johny Meranaam movie heroine Ramya stills, Ramya latest hot stills in Johny Meranaam movie, Ramya hot photos from Johny Meranaam movie, Telugu actress Ramya latest hot stills photo gallery, Johny Meranaam movie actress Ramya stills, Ramya in Johny Meranaam movie picture, Ramya latest photos from movie.

The Anatomy of a Forex Trader

“If foreign exchange is the “wild west” of trading, then forex traders are the cowboys. Forex traders are typically comfortable with a high degree of risk, lots of sleepless nights, caffeine, and constantly-blinking computer screens – but what other substantive qualities do they have in common?”

forex trading Infographic by IBFX

USD/JPY Climbing Towards Intraday Swing Entry

‘ve been crazy busy putting out fires in my office – and perhaps even a little burnt out from the frantic trading and writing schedule I was keep so far this year. So I’ve been keeping an eye on longer-term set ups, namely on the 240-minute and daily time frames. The slower-pace has been suiting me right down to the ground.
The strength of the trends – which is the say the demolition of the U.S. Dollar – has been so steady longer-term that this longer-term, trend-following has been effective and fairly low maintenance.
But there are some pairs like the USD/JPY which have maintained range-bound trading behavior. Now I know the Japanese Yen has already had quite a year in terms of volatility. In fact the pip movement range has been relatively wide throughout the trading day.

Price Movement Range provided by PowerStats courtesy of Autochartist.

Noticing these (sometimes subtle) changes in the rhythm of a pair is important as it impact entry possibilities as well as risk considerations.

The set up I’m waiting on is a bounce which is already under way. Shorter-term time frames like the five and 15-minute charts have already traded higher through the Wave and triggered reversals:

The Channel Down chart pattern has been broken to the upside triggering a reversal on the 15-minute time frame.

These reversals can be bought into but what I’m after is the longer-term trend follow. The 240-minute chart is benefiting from the rally in that the downtrend is correcting higher towards the “swing short zone” between the 20 period SMA and 34 period EMA low. Additionally there is a Channel Down pattern that has downtrend line resistance running along the bottom line of the 34EMA Wave further strengthening the potential selling pressure at that level.

240-minute USD/JPY trading higher towards my swing short zone between the 20 period SMA and 34 period EMA low.

In this case, the near-term strength is leading into a longer-term short is what I call a “one-thing-leads-to-another” set up. I will want to see that the five and 15-minute charts are showing exhaustion as the 240-minute swing short is triggering.

“Aggro” is simply the way I categorize “aggressive” entries. These are entries which are valid but – in the case of swing trades – are typically more shallow corrections that I am either buying to selling into.
The Canadian Dollar continues to gain on the U.S. Dollar as the price of crude is gaining momentum above $100/barrel and searching for support over 112.00. The push to 0.9526 and found buying support and the USD/CAD has rallied back above the 0.9550 major psychological level. The Bank of Canada Rate Statement tomorrow is expected to hold the Overnight Rate steady at 1.00%. Recall that Canada raised rates three times in 2010 – the most of any of the G7 countries.

With the downtrend confirmed, the USD/CAD 240-minute chart with a Channel Down chart pattern and 20 period SMA resistance is setting up an “aggro” swing short. Chart pattern alert courtesy of Autochartist.

Oil prices in the meanwhile offer a considerable boost to the loonie while the greenback pushes through the November 2010 low at 75.23. The expectation for more downside comes from bearish Directional Bias on the daily chart and therefore the intraday correction on the 240-minute time frame is an opportunity to shorting into the bounce. The resistance of the Channel as well as the 20 period SMA are aggro levels and should be entered with smaller position sizing as opposed to the more conservative 34 period EMA low, which is the bottom line of the 34EMA Wave.
For more of my forex trading and Off the Chart updates, see the www.DailyForexTradingEdge.com

Fastening My Seatbelt. Silver Buying Opp?

The end of day chart still holds an uptrend on the $YI_F and $SI_F charts of silver. The uptrend – while correcting dramatically lower – is still intact for now. I will not be surprised to see another push lower in this market and I’ll be watching the 40.00 level closely as this is not only a major psychological level but the area that the 34 period EMA low is near on the daily chart of the the SI_F contract.
The current move however has reached the 20 period SMA and 34 period EMA high – which is my sweet spot for a swing buy. The daily chart – because of the uptrend – is still a valid environment for a trend follow but I realize this is nothing like buying into the period retracement into the 34EMA Wave back between March 15 and 18.
The increased volatility is looking to be ushering into distribution but does not invalidate a long position as prices are retreating from selling pressure just in front of 50.00. The key here is not necessarily the ceiling overhead but the where the bulls are willing and able to provide buying support.

The uptrend on the 240-minute chart of silver is pulling back to the support between 40.20 and 40.00.

The uptrend line support of the Rising Wedge chart pattern is positioned at the top of the suppport range.

This long entry is likely to position me for a short-term bounce, but I’m not buying into the same psychology of mid-March where higher highs were expected. This is definitely therefore valid, trend-supported AGGRO buy.
Both charts provided courtesy of Autochartist.

Handling Transitions in the Trend: $EURUSD, $CL_F, and $SLV

There’s a significant number of sharp and fairly relentless transitions in many trends that are driving the pairs I trade haywire. The forex-futures connection cannot be ignored and it’s been dominating the psychology of the $USDCAD, $EURUSD, and $AUDUSD in major ways. The $CL_F (crude oil) has been most interesting from the forex perspective while the $SLV $S)_F (silver) move has been lighting up the StockTwits stream.
The fact that the Directional Bias on the daily charts of these markets have been solidly trending makes my first reaction to the pullbacks a swing trade. I am more interesting in following the trend – when there is a trend! In the case of the uptrends in the $EURUSD $AUDUSD $SLV $SI_F $CL_F I want to position myself at support levels which the expectation that the bulls while step in with the dominant market psychology being up.

The $EURUSD testing the limits of the daily uptrend.

Handling transitions in a trend are usually best done on intraday time frames since the initial entry will be counter-trend. So for example, the $EURUSD or $CL_F short entries were best taken on the five, 15, or 30-minute time frames. I however have still be focused on the larger, trend-following entry on the daily chart while taking smaller, shorter-term shorts.

Notice that the daily $EURUSD is sinking towards the psychological, moving average support of the popular 50 period SMA.

Another option is to set up a trend reversal entry using the 34EMA Wave and the 20 period CCI (Commodity Channel Index). Here’s an example on the $CL_F.

A Wave Reversal short entry on the daily $CL_F using the CCI as confirmation.

As prices slices through the support of a trending 34EMA Wave – in this case a “twelve to two o’clock” angle – the entry triggers with the break of the 34 period EMA low when it is accompanied by a -100 or greater CCI reading. This occurred on April 5. At this point not only is the trend broken but the bullish Directional Bias is no longer dominant. This would validate not only shorter-term intraday short entries but also short entries on the 60 and 240-minute charts which I would not consider when the Directional Bias is still up.

Stepping out to a bigger picture (and a time frame I set up only with options) on the WEEKLY chart, notice that the correction has found buying support with the weekly chart’s 34EMA Wave.

Weekly 34EMA support in $CL_F make call options very tempting in this near-term bearish psychology.

A swing buy correction is also visible on the weekly chart of $SLV. In this case it has reached my “aggro” level at the 20 period (weekly) SMA which is the upper level of my swing buy zone.

A weekly chart pullback to the 20 period SMA on $SLV.

While the short-term, intraday time frames can set up short entries, do not neglect the bigger picture reversal and corrections to make sure you know the degree to which you are trading counter-trend and where support may be found within the uptrend and longer-term bullish psychology.