Showing posts with label interest. Show all posts
Showing posts with label interest. Show all posts

Wednesday, 18 May 2016

Bank of England Leaves Interest Rate Unchanged at 0 50 - forex trading courses in south africa

Bank of England Leaves Interest Rate Unchanged at 0 50 ~ forex trading courses in south africa


BOE keep interest Rate unchanged
Thrusday , (07/02/2013) around 12 GMT Bank of England announced monetary policy . BOE lefts its key lending rate unchanged at 0.5 % matching with forecast. There has no changed made from march 2009.  Policy makers also maintained the size of the banks program of asset purchases at 375 billion pounds ($587.6 billion). 

After this announcement good bullish pattern seen in GBPUSD counter.


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Tuesday, 3 May 2016

GAIN 30 MONTHLY COMPOUND INTEREST - forex trading with news strategy

GAIN 30 MONTHLY COMPOUND INTEREST ~ forex trading with news strategy



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Monday, 25 April 2016

One more Millionaire - forex factory trading the news

One more Millionaire ~ forex factory trading the news


A note for a new Millionaire Greater Fool Blog Dog. His P & L
If this shit keeps up No one to shine my shoes.




Smokey, my man.  I took the advice you were dispensing for free on GF and your own blog back in March.  I opened a $100k demo AvaTrade account.  At first, I had no f---in clue what exactly I was doing...trading all sorts of pairs....JUST TO LEARN THE SYSTEM.  Then I decided to only ever trade USDCAD.  I spent exactly 3 months learning....practicing like crazy...up til 4 or 5 am every night, then off to the tax farm at 9:30am.  Wife hated me, and you, and this "game" I was playing.  She thought of it like a video game or something.  Funny how wives can say the darndest things, eh? I also kept reading your comments on GF and your blog.  Took your batman, camel toe advice and applied it.  Worked out pretty well.  Have a look at the screen shot I sent.  I had some scary moments, but some thrilling ones too, netted $440k on the December Fed hike alone.  I really hit my stride when I predicted the July BoC hike, though...caught most people by surprise, that one.  But then again, most people are part of the herd.  I keep thinking to myself "this shits not so hard....just be on the right side of the trade, thats all."  

Now dont get me wrong....Ive been a keen economic observer and avid reader of economic and financial news., and geopolitics for about 13 to 14 years...so Im not a novice in that realm.  But I never really had a outlet in which I could apply the knowledge and insights I was coming up with to make money.  Until I read your comments about currency trading.

Can I make it my day job?  Dont know....part of me says I need to start doing technical trading to do it for a living, part of me says its not actually a thing you can make consistent money on. Plus, technical trading can mess with your head and mess with your flow.  Its better to be an ignorant Neanderthal whos a natural with the ladies than to get a dating coach and get bogged down focusing on posture, eye contact, voice tone, colour coordination of belt and shoes, what she meant when she said xyz, and other technicals.  Thats the difference between understanding overall trends and economic fundamentals vs. focusing on technicals.

So instead of daily technical trading, Ill go for a once-in-a-while big bang approach when a currency gyration is subtly telegraphed in advance to those who have the experience and ability to analyze the economic painting being drawn by the machine.

Thanks so much Smokey, youve changed my familys life.  My wife even likes you now, believe it or not.  But she still hates that she has nobody to stuff her feet against in the bed when they feel cold at 2:30am

p.s. Ive been reading your shit on GF since like 2010.  Keep it up.
__________________________________________________________________________

Forgot to mention....I spent 3 months learning on the Demo account and then opened a live Ava Trade account in June....gave me ~3-4 weeks to prep for the July BoC decision.

I havent withdrew any of the funds yet....is there anything I should know about withdrawing from an Ava account?  Any hiccups or restrictions they impose, or difficulties they put you through??

Thanks again dude.  If I ever see you, or someone who looks like what I think you look like, at Seneca, free cigar on me.

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Saturday, 9 April 2016

New Millionare - trading the news forex software

New Millionare ~ trading the news forex software


Had a fellow blog dog who is a Huge Smoking Man fan contact me back in Jun.

He asked what I use to trade Forex. Told him, I said it was dangerous if dont know what youre doing, Open a demo account a practice for 2 years. or you will get crushed.

So much for listening to me,

He opened an account with 10k, built it up to over 100k, then started betting big.

I gave him a few tips with the understanding that when I publish my book, hes to buy it, then lie his ass off in the book review and say it was great.

Never heard from him again until a few minutes ago, he sent me these. pics...

Congrats  JHD on your first Million. Cash it out, never do this again. You were lucky.

This is his live trade blotter.









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