Posted on January 13th, 2012 by Rapid ForexNo Comments »
Standard & Poor downgraded the credit ratings of 9 European countries today. France & Austria received downgrades from AAA to AA+. For now Germany still maintains a AAA credit rating.
Other countries downgraded were Malta, Slovenia, Slovak Republic, Cyprus, Italy, Portugal and Spain. This creates an overall negative economic outlook for the Euro in the near future.
Greece is still struggling to avoid default of its debts, but there is little doubt that Greece will default in the near future.
Overall Impact on Forex Prices
The S&P downgrade caused EUR based currency pairs to close down for the week. The downgrade confirmed trader sentiment that the EUR is weakening. This downgrade didn’t really shock anyone, the writing has been on the wall.
While this announcement is evidence of a mid term downtrend, shorting the EUR short term isn’t necessarily the best course of action.
There are other issues which are being temporarily overlooked by the media. The US had it’s credit downgraded back in August. With all the attention on the EUR right now, there are news items “waiting” to happen for other countries that will surface soon.
What Does This Mean for Traders?
It can be interesting to observe announcements by countries & financial corporations, but it doesn’t tell the complete story. By the time the news gets to reporting something, the effect has typically already been reflected in the price data.
Technical Analysis prevents us from getting too caught up in what we hear in the news.
The EXCITING thing about big news stories is that it creates alot of VOLATILITY. Nobody really knows what is going to happen. The news simply reports what has just happened.
I don’t try to predict what will happen in the future as a forex trader. Volatility benefits us because we can mathematically gain an advantage from trading when there is confusion in the market. Currently there is ALOT of confusion…so there is ALOT of OPPORTUNITY.
I’ll be sharing more about how you can capture this OPPORTUNITY in upcoming blog posts, be sure you’re subscribed here so you get to learn more about how to profit from volatility.
Posted on December 15th, 2011 by Rapid ForexNo Comments »
The absolute best 13 mutual funds based on a CNN survey got 0.25% in 2011 to date. Your savings account is paying more… neither one can keep up with current inflation.
Mutual Fund Meltdown
For the past two decades the public has been sold on the fact that the stock market will always go up over time. Commission based salesman have sold people mutual funds in the 401K as a retirement planning solution. It seemed like a safe & secure way to invest…for awhile it was…
A recent news story on the popular US news show 60 minutes exposed the high level of dishonesty in the equity mutual fund industry. IF you have any of your retirement savings in a 401K plan or IRA (individual retirement account), watch this video immediately (warning: what you see may SHOCK you)
The financial world we are living in is different than it’s ever been in our lifetime. The S&P downgraded the US credit rating in August. The US monetary system isn’t based on gold, it’s based on confidence. This confidence is rapidly eroding…but there is good news for people who wish to educate themselves.
Financial Common Sense
If we look at this situation honestly it’s actually not that shocking that people who had a financial incentive to legally take your money would do so if it would make them rich. It’s a painful lesson, but we also need to claim personal responsibility.
When it’s all said & done it’s your choices that will grant you financial security. Regardless of your age or income level your retirement planning is best left in your own hands & not to someone else. The good news is that you can learn what to do to invest wisely.
Equity Mutual Fund Alternatives
The old ideas of keeping all of your investments in the US Stock Market aren’t going to work moving into the future. With peak oil being reached, we’re not going to see the type of economic growth that we have in the past.
What we are seeing is a shift in where investors worldwide are placing their money. As the US and countries in Europe reach their peak, growth will be experienced in other countries. Money will also be moved around alot more from one currency to another and from various commodities and currencies.
Our money itself is now going to be a lot more sensitive as the world we are living in continues to change. With new information being available to investors worldwide & the financial markets being highly connected worldwide it’s now possible to take advantage of these opportunities for the savvy investor.
Currency Trading Golden Age
In a few years there might not be a US Dollar or a EURO. In fact, many economists are predicting this. But in our lifetimes we will continue to use some form of currency worldwide. There may come a day when there is a world currency, but we aren’t likely to see it in our lifetimes.
This is a great opportunity for you if you would take control of your own financial future and trade currency on the forex market. You can easily protect yourself from the weakening US stock market and the collapsed real estate market and actually profit from the weakening dollar.
If you’re not used to this way of thinking it may seem scary to you. When people ask me what I think about the dollar I tell them as long as it moves up or down I can profit from it! Right now is a golden opportunity for you to profit in an otherwise poor economy (see how a portfolio of currencies performs independently of the state of the economy shattering equity mutual fund performance to pieces).
You can learn how to diversify your retirement planning efforts to escape the equity mutual fund trap and protect your financial future within the next week. I have been teaching online forex trading for almost a decade and I can show you how to trade profitably and safely even in a chaotic and insane economic environment.
Please be sure to sign up for the FREE Forex Sailing course at rapidforex.com. Please don’t hesitate to contact me directly with any questions you have…I’ll get back to you as soon as possible…
Posted on November 9th, 2011 by Rapid Forex2 Comments »
Seven weeks ago I posted the results of a new undefeated forex trading portfolio. Since then that same portfolio has gained 326,618 pips as of the end of October for a new total of 3,553,750 pips. I’ve been sharing this trading method in the Rapid Forex Hedge Report, which gives you the exact same method that was used to obtain these results.
How Did Each Pair Perform?
These results are from January 2nd, 2007 to October 31st, 2011. As you can see, they’ve increased from the last update 7 weeks ago. Here are the monthly portfolio totals for the entire year of 2011:
I teach people all over the world how to use this amazing new strategy in just a few minutes a day. If you have any questions about how you can get started with portfolio hedging, please submit your questions here & I’ll personally get back to you by the next business day
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