In recent weeks oil became cheaper, seriously scaring producers of this black gold. The cost of a barrel of Brent crude fell to $ 95, which is one of the worst data since the crisis of 2008-2009.Price fluctuations have occurred before, but such a long and steady decline in prices is of great concern. It is likely that in the near future oil will continue to fall in price, but the apocalyptic scenario is still not expected. 2014 is the year of unprecedented geopolitical instability. There are conflicts in the south-east of Ukraine, a full-...
The leaders of the U.S. Federal Reserve made a decision that is likely to begin in the near future to cancel the assistance program QE. This is evidenced by October meeting’s reports (minutes) published on Wednesday by the main body of the U.S. central bank - FOMC. According to the documents, this option will be considered if the situation on the labor market in the U.S. will continue to improve. Also, FOMC considers the probability of making such steps even in the absence of obvious signs of labor market’s recovery. However, as...
Linda Bradford Raschke (Commodity Trading Advisor) is the head of LBR Group Inc., and LBR Asset Management. This astute female trader has over 30 years of trading experience. A real amazon of the Wall Street as she’s, her career began in 1981 as a market maker in options. She first started at the Pacific Coast Stock Exchange, and later joined the Philadelphia Stock Exchange. She uses multiple-timeframe analyses when trading, as well as speculating on several markets with several trading methodologies. Apart from being featured in...
“Too many investors have no patience and discipline. These two personality traits are imperative for investment success.” – Andrew Abraham Born in September 28, 1954, Paul Tudor Jones is an astute market forecaster and a highly profitable trader. Paul obtained a degree in economics from University of Virginia in 1976, after which he began working on a trading floor (being a broker for E.F. Hutton). He was admitted to Harvard Business School and was ready to go, but he changed his mind abruptly, because of a reason...
Market knowledge and ability to understand the data of analysis will help you to move forward in Forex trading but you will never become a successful trader without the determination to actively compete risking your money in the process. Investment of large amounts of money into the sensitive to change market can cause a range of conflicting emotions: fear, excitement and anxiety, to name a few. A struggle with your own emotions in order to commit a successful transaction is one of the major challenges that must be overcome if you want to...
