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Oanda is now really the best Forex Broker with Metatrader Support
I've been trading with Oanda for many years. It's been an excellent forex broker reputable for its low spread and instant execution. They have an excellent manual trading platform especially suitable for novices and pros alike but when it comes to...
1 commentUS Dollar Index
The US Dollar Index (USDX) is an index of the United States dollar relative to a basket of foreign currencies. It is a weighted geometric mean of the dollar's value compared to the Euro (EUR), Japanese yen (JPY), Pound sterling (GBP), Canadian...
0 commentsDow Theory
The Dow theory was developed by Charles Dow, founder and editor of the Wall Street Journal, in 1897. Dow developed the two well-known broad market averages, the Rails index (later the Transports) and the...
4 commentsWealthScript: basic syntax
Each WealthScript statement must end with the semicolon character (;). The semicolon lets WealthScript know that one statement is completed and another one is beginning. Single Line Comments Use the "//"...
Candlestick bodies as Support and Resistance
When a chartist looks at a bar graph, accumulations of highs and lows are often seen as key market levels. Breaking through these points signals important changes in the expected direction of prices....
0 commentsInvest Like a Shark: How a Deaf Guy with No Job and Limited Capital Made a Fortune Investing in the Stock Market
Overview Profit from Your Unique Advantages as a Small Investor--Speed and Flexibility! "The book you are holding is, hands-down, one of the most original and insightful books I have ever read when it comes to teaching you, the individual investor,...
1 commentAvoid USO (the Crude Oil ETF)
Thu, 18 Oct 2007 Take a look at Victoria Bay Asset Management's United States Oil fund (AMEX: USO). This famous ETF's benchmark is the spot price of West Texas Intermediate light, sweet crude oil...
0 commentsETF (Exchange-Traded Funds)
Just like an index fund, an ETF represents a basket of stocks that reflect an index such as the S&P 500. An ETF, however, isn't a mutual fund; it trades just like any other company on a stock exchange. Unlike a mutual fund that has its net-asset...
0 commentsDollar CRASHED ! Gold and Oil reacted accordingly.
The greenback plunged below 78.19, its lowest low ever recorded in history. Despite Fed's rate cut, this is not astonishing as expected previous week. Gold and oil have responded accordingly, with gold rising to $743.80/ounce and December light...
0 commentsU.S. bonds collapsing! Foreigners abandoning dollar!
In the two days after the Fed's rate cut, the price of the long-term Treasury bond plunged more than two and a half points, including the worst single-day plunge since September of 2003. This means bond...
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