How to benefit from the current gold rally? The market today is dominated by the rally in gold prices. The precious metal has already hit an all time record high of $1167 per ounce in this morning’s trading having opened gapped up and a combination...
Binary Trading Strategy 16 Nov 2009
Gold bugs are very happy at the moment with the precious metal making record highs for 2 consecutive weeks. This morning’s gold chart has seen the gold price open gapped up and hit a high of 1143. Meanwhile on the forex markets last week’s biggest...
Binary Trading Strategy 13 Nov 2009
A disappointing day for equities yesterday as most indices failed to consolidate above the highest levels for 2009 posted on Nov 11th. The FTSE 100 has struggled with the 5300 price handle for the past month and failed to close above it once again yesterday. ...
Binary Betting Tips 6 Nov 2009
The bulls were firmly back in control last night as the Dow hit 10,000 again closing above this mystical level in some style with Wall Street having its first 200 point day in four months. Traders are now betting that today’s monthly payroll data will...
Binary Betting Tips 4 Nov 2009
A busy day expected with a number of important top tier items of fundamental news although yesterday did see the FTSE 100 fall below 5000 briefly for the first time since the start of October. UK stocks showed they still had some fight in them...
Binary Betting Tip 3 Nov 2009
Royal Bank of Australia raised raised interest rates again earlier today to 3.5% (highest in the Western world) as world markets had a better day with buyers stepping into last week’s oversold conditions. News that US car giant Ford returned to profitability certainly helped to...
Binary Betting Tips AUD/USD 2 Nov 2009
Monday morning markets are usually quiet but this morning they have all been very jittery following last week’s sell off as the FTSE 100 & NASDAQ ended October almost 2% down in October. This weekend’s news that another US Bank (CIT) has filed for Chapter...
Binary Betting Tip – 30th October 2009
Binary Betting News Financial markets can be a fickle friend and yesterday was no exception. After big falls on stock markets the day before, the door was open for a sustained sell off. Instead, it seems that the Dow Jones had fallen just enough to...
Binary Betting Tip – 29th October 2009
It is often said that financial markets go up stairs, but down escalators and today was a good example of this in equities. Throughout October, markets like the FTSE 100 spent a lot of time grinding their way higher, only for these hard fought gains...
Binary Betting Tip 26 Oct 2009
Today’s currency in play is unquestionably the UK Pound. The currency is still reeling after Friday’s UK GDP data unexpectedly showed that the UK was still in a recession. Currency traders hit the sell button, causing huge reversals on the GBP/USD, GBP/JPY and EUR/GBP. There...