No Bullshit Forex Blog, A Part of No Bullshit Network

I’d like to say even though I’m not a fan of paid subscriptions, Peter Bain’s email subscription works fine for me. It’s informative and definitely work your Gmail (or whatever email you’re using) space.

Here’s one tip from Peter and I urge you to seriously consider signing up for his mailing list. It’s not that irritating as compared to others who’re actually asking you to buy a product.

Read the full post of Forex Mentor’s Email List

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This is a reading source from Forex Factory which I think is pretty good to what’s going to happen later in a few hours time.

Read the full post of CAD Interest Rates For December

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Just after the release of ISM results (not much reaction on price action btw), I was looking and scanning around the few hour chart duration of cable (GBPUSD).

Placed a long position at 2.0650, Stop Loss at 2.0620

Read the full post of Cable Still Looks Good For a Long

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Wishing all my US readers and friends a Happy Thanks Giving 2007.

Enjoy your holiday and turkey!

Popularity: 17% [?]

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Thanks to Masa for sharing, check out this cool video advertisement by CMS Forex

Popularity: 21% [?]

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Here’s another new forex resource focus I’d like to introduce.

ForexPM.com

Ran by Peter Marsden, one of our author on No bullshit Investment Community has a down to earth cool website where he shares his knowledge on the site as well as experience via a blog.

Read the full post of Forex Resource Focus - Forexpm.com

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Hello forex fans!

Yes, I know its been awhile, but I have a dominate side for perfection.

For the past couple of weeks, as long as you have been trading against the dollar, you should have done somewhat well. Im here to tell you, this isnt going to end anytime soon.

Read the full post of Humpty’s Corner EUR/JPY 10/28/08

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Hello,

Here are my thoughts for today. No explanations or charts this time, just simple ’signals’.

AUD/USD (0.8915)

Trend: Downward

Take profit target at 0.8775

Stop loss (and reverse position) at 0.8990

GBP/USD (2.0442)

Trend: Uptrend

Take profit target at 2.0600

Stop loss (and reverse position) at 2.0370

Regards,
Dan
Life Holdings Management

Read the full post of Dan’s Forex Market View - 19 Oct 2007

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The British CPI figure came out today. It came in at 1.8% which was lower than the forcasted 1.9%. It would appear this data has all but ruled out another interest rate hike this year, maybe even for next year as well. There is even speculation of a rate cut before the end of the year. It’s important to remember that these numbers are lagged, so we are probably starting to feel the full effect of all the previous rate hikes in the UK. It seems Mervyn King has done a good job at controlling inflation so far, but there are still inflationary pressures that may not be fully “priced in” to the these figures. At the time of writing, Oil was making record highs in excess of $88 per barrel. If oil remains this high, it may send this figure back over the 2% area in the coming months.

Read the full post of British CPI Lower than expected. Cable slumps

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I’ve gotten permission from Clarence, admin of The Forex Club on Yahoo to reprint his daily insights with his TNT system. Check it out : )

US Dollar Index

The major trend of the US Dollar Index is still down. On Monday, the index went to a high of 78.130 before settling at 78.985, which is down by 0.175 compared to Friday. The low of the week is 77.860. Immediate resistance to the Index is 79.553 (13-Week Moving Average Line), followed by 80.00.

Read the full post of TNT Daily Forecast - 16 October 07

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