Italian debt spreads are spinning out of control and only a massive and timely response will stop the systemic consequences. What now? Lack of confidence in Italian debt is seeing Italian debt yields spinning out of control today, as the two-year and 10-year yields rocketed above 7% today after starting Read More Were Now in [...]
Posted in FX News | Tagged black, debt, eu, event, hole, horizon, in, now, of, the, were
There is little doubt now that G7 faces a crisis meeting this weekend as the European debt disaster continues to escalate. A bold approach is needed to save the Euro from collapse with a commitment to boost growth at all costs. The latest body-blow for the Euro-zone and Euro comes in Read More G7 Must [...]
Posted in FX News | Tagged act, avoid, black, crisis, g7, monday, must, to
Happy Monday. We hope you all had an awesome weekend and that we can get our week off to a nice start. Just a quick recap of our trading from last week. We did not get into many positions. In fact, we only entered into one. It was a short at 1.7490 for two positions. [...]
Posted in FX News | Tagged 61206, and, black, forex, in, newsletter, trading, white
In case you were wondering, though, we did not get into any trade. So, you didn’t miss any profits. On another note, please keep an eye on your inbox today. We are going to be sending you all an invitation to join us for the “Trading In Black And White Forex Trading Contest”. This is [...]
Posted in FX News | Tagged 6606, and, black, forex, in, newsletter, trading, white
In a year of big surprises, how long before the Business Secretary is stuffed, asks Jeff Randall. Read More Many black swans, but Vince Cable is the turkey
Posted in FX News | Tagged black, but, cable, is, many, swans, the, turkey, vince
We had another great night of trading last night. After sitting out 2 nights ago, we found a safe entry level at 1.8830 and went short. We were almost stopped out (1.8870), but, thankfully, that didn’t happen. Within a few hours of reaching the high Cable fell hard and turned our trading day into a [...]
Posted in FX News | Tagged 52506, and, black, forex, in, newsletter, trading, white
Ok, so be honest. How many of you thought we were crazy when we said look for mid 1.8700’s. Well, hopefully you caught the bottom of the move from yesterday and jumped on for the ride. However, don’t beat yourself up if you didn’t get in. Remember, taking no trade is better than jumping into [...]
Posted in FX News | Tagged 51606, and, black, forex, in, newsletter, trading, white
Tonight is the first night in a long while that we will look to go short on cable. We believe Mr. Bernanke said what most people wanted to here and that his statement will satisfy most traders. There are several reasons apparent on the charts indicating that we may have already seen a … Read [...]
Posted in FX News | Tagged 51106, and, black, forex, in, newsletter, trading, white
Cable continues it’s range trading, as we approach what should be the ceiling, and if the pattern holds, we should start yet another march down towards 1.7230. Keeping in mind that the last trip down stalled and reversed at around 1.7375. This range has been in place for months, and until we break … Read [...]
Posted in FX News | Tagged 41706, and, black, forex, in, newsletter, trading, white
Investors are placing bets on a Black Monday-style crash in the British stock market, the Bank of England warned. Read More Investors are betting on a Black Mondaystyle collapse, BoE warns
Posted in FX News | Tagged a, are, betting, black, boe, collapse, investors, mondaystyle, on, warns