Smart Tracking or Insider Trading?

Trading with Phil Mickelson!

 This is your binary options and forex video news update for May 23rd through the 27th, 2016

Famous golfer Phil “Lefty” Mickelson just got sued this last week by the SEC for “alleged” insider trading and profiting nearly a million dollars on inside information…like he needed any more money to cover his lifestyle.

Lefty might be better served to keep his wizardry on greens and fairways and not on the trading floor. How was he going to make such a quick turnaround without any real trading experience? He leveraged a million dollar profit in less than a week. Regulators figure he’s better sticking with what he knows best. Golf is “his bag” rather than the shenanigans of “hole in one” trading.

trading for big bucks

The impression, by the Fed’s, is that a June rate hike is still on the table, even if the U.S. economy seems to be betraying their best efforts. Are the Fed’s just trying to keep the ship on an even keel? By the mere mention, in the Fed minutes, of having a June rate hike “live” and on the table had rallied the dollar against the majors.

As we predicted, the Sterling was one of the only major counterparts standing tall against the USD this last week. Led by polling, showing a majority of Brits on the side of staying in the E.U., injected fuel for the rally on the cable before it petered out for the week. With the June 23rd “Brexit” referendum in play, do you think the Fed’s will be ready to turn turmoil into chaos with a strategic rate hike right before the referendum vote?…This would not only be a brazen hawk move, but an unprecedented calculated bold risk that will either expose the brilliant bravado of Yellen and the Fed’s, or the replete “stinkiosity” of their economic intuitions.

Are you buying what their selling? Think twice about the motives behind the fundamental forces and always have a reliable technical trading system that keeps you ahead of the profit making trading game.

Here’s a few prime releases that will give weight to your trading week:

  • For the Aussie, Governor Stevens’ speaking engagement may give light on any further action from the RBA on rates and market manipulation
  • A slew of Flash PMI numbers for the Euro along with German Economic Sentiment and Business Climate
  • The big driving shot for the week will be the Loonie and the announcement on rates coming from Poloz and the Bank of Canada. With the weakening in oil prices and the injected rumor by the Fed’s that rates may be on the rise sooner rather than later the Loonie will be poised to hit another oil slick on the road to higher ground.
  • The USD may still be riding high as the market looks to factor in the rumor rather than considering the facts and the true state of the U.S. economy. Uncle Sam is still on wobbly legs, but is looking to throw punches. Another question is if the Yen will be able to sell sanctuary as a refuge against the tepid ground that the Fed house is built on.

So far, the Fed’s have fared well keeping things par for the course this year, but a shank by the Fed’s on a Q2 rate hike would have reverberations across the global economic landscape. Let’s see if Yellen gets the yips or if she can putt like a pro and put the U.S. on the winning side.

You don’t have to have the talents of “Lefty” Phil in order to make birdies, the occasional eagle and a rare hole in one. Up your winning and make your trading game a whole lot sweeter and a whole lot more fun. Drive it down the fairway with trading systems as you’ll be rolling it in the hole time and time again.

Are you on the catwalk to trading profits?

This is no time to be on the sidelines as profits for your trades are right in your wheelhouse.

This is your binary options and forex video news update for May 16th through the 20th, 2016.

As a currency and commodities trader, there’s been ample, predictable volatility to make big time profits for the week.

As we talked about on last week’s update, the markets provided plenty of opportunities for us trader’s that were looking to score profits on the cable and USD/Kiwi pairings.

trading profit

Looking ahead to this week releases, CPI numbers will be “en vogue” for the Sterling, the USD and the Loonie.

The release of the Fed minutes may prove a little more chic than usual. Clues may be provided by the Fed’s on whether they think there’s enough steam to the U.S. economy to have a rate hike featured for the June meeting. This may prove to be a good market mover to hop on the major USD pairings and score a profit. At this point, it appears that there is no way the Fed’s are going to move on a rate hike any time soon. With the U.S. economic outlook looking “less than sexy” nowadays, the buoyed efforts of employment numbers are starting to stumble down the runway. If employment data continues weak for the week, this will be cause for concern that may have the majors rallying against the USD.

We will have good action playing off of employment numbers this week for the Sterling, the Aussie and the USD. The hot move may be to hop on the trend against the USD.

The fashionable play for the week will be on the cable. The price action on the cable will be playing off of employment numbers for both the USD and the Sterling along with concerns from the looming referendum on a Brexit from the Euro zone. Don’t be surprised to see that weak employment numbers for the USD will have the cable bouncing to 1.45 and above for the week.

Don’t be caught in a fashion faux pas. The lasting play to stay fashionable is always implementing trading systems that can have you scoring a bit of “bling” with profit in your pocket every time you sit down for trading session.

Do you have a checkmate strategy for the week?

Equip yourself with a checkmate strategy every time you trade.

This is your binary options and forex video news update for May 9th through 13th, 2016.

As we suspected, despite less than stellar PMI numbers and employment data that was released at the end of last week, the USD was able to brush off the gloomy numbers and post a temporary rally against its major currency counterparts on Friday.

Why is the USD able to shrug off the negative data? The biggest reason is…where are the big market player’s gonna go?

We see that there is a push by the other reserve banks to see how low they can go. Is this the best way to go? Maybe not, but a race to the bottom seems to be the theme. The Aussie has followed suit with last week’s rate cut. It may be contagious. With negative rates for the Bank of Japan and the Euro’s ECB also going this route, who else is gonna show themselves to be the positive light in the midst of so much negativity? Even with all its woes the USD has managed to outshine its counterparts and this is what keeps lady liberty at the top of the heap even if this is not necessarily where she should be…or for that matter, wants to be.

With the dreary forecast that is looming over the USD it appears that the skies are even that much gloomier for emerging market dependent economies. The Aussie has made its bid by throwing its hat into the rate cut ring. Will this strategy be enough for now to keep the Aussie ship upright? Anticipate that rough waters are ahead for not only the Aussie, but also for the Kiwi and the Loonie.

Yellen will be putting on her best game face, but she will have a tough time trying to disguise her dovish stance when next month’s Fed meeting will leave a rate hike on the back burner. Her hands are tied and her only strategy in this economic game will be no move at all.

yellen draghi playing chess

Yellen will be hoping that no move on rates will only be a pawn in this “high stakes” game of chess. The saving grace for the USD may be that its counterparts are in worse position. The USD hopes to be better protected before any move will leave it vulnerable to a checkmate. The USD may be king for now, but queen Yellen will be left vulnerable as the shackles around the Fed’s becomes tighter and tighter.

Here’s the market movers to look out for this week:

  • Governor Wheeler will have a couple of speaking engagements that will impact the Kiwi. Be looking for signs that point towards the Kiwi jumping on the rate cut band wagon. This will send ripples on your NZD/USD pairings.
  • For the Sterling, the BOE will have its Monetary Policy Statement. The most likely scenario will be Carney keeping a steady hand on rates. Based on the anticipated response, be prepared to move on any indication that a Brexit from the euro zone may be in play.
  • For the USD, Retail sales data and Consumer Sentiment will be on the docket. A slight hiccup will have the USD showing weak against the majors.

The bright side in all this negativity? With all this volatility it leaves traders plenty of opportunity to cash in and profit no matter what move is made. The strategy and system you implement on your trades is what makes all the difference. Make sure you have your game face on by checking out our winning trading systems. Don’t be a pawn in the trading game. With full and unlimited e-mail support, you’ll be equipped to implement a checkmate strategy every time you sit down for a trading session.

Are you cashing in on the USD?

Heads or tails?! Cash in on the weakening USD!

This is your binary options and forex video news update for May 2nd through the 6th, 2016.

I’m back from my mission’s trip in Panama, with Trader Ed, and wow was it an experience of a lifetime. I’m happy and humbled for the opportunity, but glad to be back and ready to roll with you this week on money making opportunities in the binary options and forex trading game.

It’s time to play a combination of currency pairs that will have you “in the money” for the week and starting off the month of May with your hand in the treasure chest.

treasure chest may calendar

It’s a big week with tell tale data that will either have the USD continuing to lose it’s steam against its major currency counterparts or standing its ground through PMI and employment numbers. What will tip the scales for or against the USD?

Think about it for a bit. The juggling act for the Fed’s and the U.S. economy is to stay ahead of the curve on any indication of inflationary pressures, but at the same time, stay competitive on the global stage.

Yellen and the Fed’s primary concern is to dampen the effects of the economic coin flip. Whether we see inflation begin to rear it’s ugly head, or if the other side of the coin reveals the nasty cat tail of a sluggish economy, Yellen’s trick is to keep the coin balancing on it’s axis for as long as possible.

Will we see PMI numbers continue the expansion trend and therefore give a pep to the USD, or will it be employment data that will turbo-boost the dollar for the week?

One of these releases will act as the counterbalance that will bring a brief rally to the USD this week. This will be an excellent time to utilize our Turbo 5 minute trading system and monitor your USD/Yen pairing for the Asian trading session along with the Aussie/USD. Remember to trade a half hour before to a half hour after the rate announcement for the Aussie on Tuesday.

By utilizing the Turbo 5 trading system you’ll be able to take advantage of price action and market volatility that will dramatically improve your chances of being “IN THE MONEY”.

This week’s major news releases will include PMI numbers for China, USD and the Sterling along with all important employment numbers for the USD and the Loonie. There will be rate and policy statements for the Aussie along with speaking engagements from President Draghi, for the Euro, and Governor Poloz, for the Loonie.

Will the weakening trend continue for the USD? Find out and profit this week 5 sweet minutes at a time by boosting your profit potential with the Turbo 5 trading system.