John Paulson, currently the richest hedge fund manager has a paper loss of $500 million on his investment in Sino Forest Corporation, ticker symbol TRE.TO According to securities filings as of the end of april, Paulson owned around 35 million shares of Sino Forest, a Chinese forestry plantation company listed on the Toronto Stock Exchange. …
Originally posted at forex factory on March 25, 2008. The advantages of the Euro were more clear cut than those of the Amero. Picture the 50 states of the U.S. all being their own country and having their own currency and imagine what a hassle it would be. That being said the Euro is still …
The awfully close numbers and decimal points when the U.S. dollar was depreciating in early 2008. Originally posted at forex factory on March 15, 2008. Be careful you dont misplace the decimal point or input the wrong price between between USD/JPY, USD/CHF and USD/CAD 99.07, .9980 and .9887 are awfully similar : Click Here To Get The …
Originally posted on Jan 6, 2008 on forex factory. A high yield doesn’t make a government bond safe. Venezuela’s bonds yield more than Aussie treasuries, does that make them more safe? When people think of safety they think of the U.S. because it has the biggest economy and a strong military. While the media …
Originally posted on the forex factory on Jan 5, 2008 At first glance it may seem that the ever increasing chance of a U.S. recession and lower interest rates from the Fed would benefit the AUD/USD, but that is not the case for a variety of factors. While the interest rate picture still heavily …
Originally posted on the forexfactory on Dec 15, 2007 Normally the risk aversion would enough to put a bullish tone on the JPY, except the dollar has been extremely bid the past 2 days that it was able to overwhelm any selling pressure that came from the risk aversion The only currency that was …
There are only two things that can save you from taking losses on a trade, and only two things. Those are order flow and liquidity. That is it. If you are stuck in a trade and you are down 50 pips lets say, and your stop is 100 pip away, the only thing that is …
Gisele Bundchen Euro Gisele Bundchen dumps dollars in favor of euros. Originally posted on the FFactory on Nov 4, 2007: http://www.bloomberg.com/apps/news?p…diY&refer=home I wonder who is next in line to jump on the bandwagon… Click Here To Get The Free Report
How do you define a volatile market?  How do you define trading volatility?  When is a volatile market trade able and when isn’t it?  All very important questions to ask. Let me first say what a volatile market is NOT.  If a currency pair is stuck in a 50 pip range, that is NOT volatility.  It’s just …
One of the most irrelevant questions I get asked is, how many pips did you make during the week or during the month? It doesn’t matter how many pips you make. It is the wrong question to ask. Let me explain why. Lets say the trader asking me the question made 500 pips during the …