Bitcoins Continue to Gain Traction For those of you not sleeping at the wheel, Bitcoin has been shaking the foundations of the financial world the same way the internet shook the foundations of traditional copyright laws. An interesting phenomenon that started out much like the internet, few even considered the currency as more than a [...]
Investing in gold or silver is not for the faint of heart since both are extremely volatile commodities. But if you’re going to invest in one, which is better gold or silver? According to a December 2013 article from Financial Sense, wholesale London gold tumbled more than $20 per ounce in the quiet trade. Investor, [...]
The Swissy looked like it had completed its weekly cycle up with a push back down on Monday, so my bias was towards the downside. I took the short at 0.9113 with the sig level at 0.9117 - however it has been confirmed that it was a weak level, but correct DTFL setup and and [...]
The Dubai real estate market has long presented attractive prospects for investors, and 2014 is no exception. Property prices are expected to rise by up to 40% this year and Dubai’s successful bid to host Expo 2020 has attracted an influx of global investment. So is now a good time to make a long-term investment [...]
I took this EU short during Sterling’s live room, against his recommendation(!) and subsequently lost the trade with -20 pips. Sig level was 1.3539 which was the Asia low of the day (not shown on chart) and had shown a clear SR and confirmation candle down with a pullback for entry. The problems with [...]
Retirement accounts are touted as the greatest thing to have for security once you stop working. Since many of them are guaranteed, or at least provide relatively stable returns, the money is guaranteed to be there when you need it. Unfortunately they all aren’t created equal, and many times you’re not getting what you think. [...]
I watched this the other evening, a 45 min documentary on the current banking system. It’s based on the fable written by Larry Hannigan in 1971 which explains in simple terms how the the banking system came to be and how interest is damaging the economy as it’s creating money out of nothing, hence impossible [...]
Saw this brilliant documentary called Four horsemen the other week and wanted to share with you. I think everybody should watch this and understand what’s going on with the current global financial situation and why it is doomed to fail. It’s a well researched, ‘free from mainstream propaganda’ award winning documentary which aims to provide an [...]
Took this long trade on the EU late afternoon on a Friday (2.45pm GMT) - probably my first mistake. Significant level was 1.3571 which was set by overall range low on 6 Jan and provided support on the following days. Was unsure whether this was a ‘strong’ level or not - second mistake (uncertainty)? Stop [...]
For those of you that are bingo hall regulars up and down Britain, you may be already well versed on this subject. However, for those of you that aren’t very familiar with the game in Britain, since 2009 retail bingo in the UK has been taxed 20% on all profits made from the business. This [...]