Trade Recap for this week
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About two weeks ago, Switzerland surprised the markets by removing its exchange rate floor of 1.20 on the EURCHF. As a result, the Swiss Franc’s (CHF) value instantly shot up by as much as 39%, sending the EURCHF pair over a 1000 pips straight down. As a result, FXCM, the largest U.S. retail foreign-exchange broker,…
Profitstream Results – The Full Trade History of The $40 Million Fund Strategy In my last blog post I shared with you a fantastic strategy we’re running called Profitstream. It’s based on the idea of doing the exact opposite of what the bulk of retail traders are doing, since they usually get it wrong. Very wrong!…
Regulators Banned A $40 Million Dollar Fund From Using This – But You May Be Able To! A friend just dropped a bomb shell on me and I would love to get your feedback. It’s about a strategy that one of the largest brokerage firms in the world invested three years and millions of dollars to…
One of the most profitable and consistent Forex trading strategies I’ve ever encountered was devised by a friend of mine named Barry. His strategy eliminates the need to know which direction the market is going to go and when it is going to do it. There’s no need to understand any of the complexities of…
Although some traders love Forex because they can trade any time they want, I prefer “news trading,” because it enables me to know exactly when to trade (to the minute), weeks in advance. That means I don’t have to waste hours sitting in front of my computer looking at charts. I just need to know…
Overview: A discussion of the January 15th, 2015 broker carnage, why it happened, how to deal with it, and what to do to avoid it happening again. On Thursday, January 15th, most U.S. traders awoke to find that the Swiss National Bank (SNB) had removed its exchange rate floor of 1.20 on the EURCHF. As…
In my last article, I discussed how the U.S. powerbrokers have put this country at risk of another serious financial crisis, to intensify their economic war on both Russia and Iran. Apparently, the sinister plan started back in September in a meeting between John Kerry, the U.S. Secretary of State and King Abdullah of Saudi…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Transcript of Video I’m going to get started today, taking a look at the US Dollar versus the Canadian Dollar [USDCAD]. But before I do that today, I want to do a little bit of a recap of some…
Are the U.S. and the Saudis conspiring to push down oil prices to inflict economic damage on Russia and Iran? That’s what a number of geo-political commentators are now suggesting. In fact, over the last few weeks, I’ve read dozens of articles from world-class news organizations about this. Take for example, what New York Times…