Canadian Dollar: The Canadian dollar dropped from the highest level in 2009 versus the euro as stocks did not manage to extend the advance reached in the beginning of the week, forcing the currency down also versus its U.S. counterpart.

After touching the highest level versus its U.S. counterpart in [...]]]>

Canadian Dollar Drops on Oil, Stocks Performance

Canadian Dollar: The Canadian dollar dropped from the highest level in 2009 versus the euro as stocks did not manage to extend the advance reached in the beginning of the week, forcing the currency down also versus its U.S. counterpart.

After touching the highest level versus its U.S. counterpart in two months, the loonie started to decline yesterday and extended its losses today as the crude oil’s volatility affected the Canadian currency performance in a day of weak performance in equities markets. The loonie has a strong relation with stocks, and today’s decline as well as a less strong demand for commodities played a major role in Canada’s dollar downtrend today, specially versus its U.S. counterpart as an economic activity report came beyond expectations and increased even further confidence towards the U.S. economic recovery in 2010.

The oil volatility is providing traders with high swings on the loonie’s charts, opening good day-trade possibilities, according to analysts. Despite today’s decline, the Canadian dollar outlook for 2010 remains above average as demand for commodities shall increase as the global economy recovers, consequently making the loonie to benefit from such scenario.

USD/CAD declined to 1.0525 as of 17:02 GMT from a previous rate of 1.0398 in the intraday. AUD/CAD touched 0.9416 from 0.9325.

US Dollar: The U.S. dollar had a bullish performance today and gained considerably versus the euro and the yen as speculations rose that the Fed will start a process of lifting economic stimulus introduced during the worst moments of the global slump to revive the U.S. economy.

The dollar [...]]]>

Dollar Climbs Before Year End on Business Activity

US Dollar: The U.S. dollar had a bullish performance today and gained considerably versus the euro and the yen as speculations rose that the Fed will start a process of lifting economic stimulus introduced during the worst moments of the global slump to revive the U.S. economy.

The dollar benefited today from a business activity report that came much above forecasts, interpreted as another solid evidence that an economic recovery is on the way in 2010 for the U.S., which could prompt the Federal Reserve to lift stimulus and raise its benchmark interest rates, currently maintained at an all time record low. The dollar has gained almost 5 percent this month versus the euro, as the European common currency is being hurt by some of its member countries’ financial struggles, specially Greece during the past two weeks, after it had its credit rating downgraded by an important financial institution.

Market sentiment shifted towards the dollar, and it’s likely to remain bullish in 2010, according to analysts. Consecutive positive reports in the U.S. will likely to change Fed’s monetary policy sooner or later, and the next move is likely to be hawkish, which would set the dollar to further gains next year.

EUR/USD traded at 1.4341 as of 17:33 GMT from 1.4398 in the intraday. USD/CHF traded at 1.0360 from 1.0324.

I just got my hands on Part 3 of Bill Poulos’s new Forex training video series. See the Forex Flexible Trader In Action – click here

This one is cool, and very unique… it shows a “live” recording of Bill Poulos trading during [...]]]>

Forex Flexible Trader Free Video. Forex Income Engine 2.0 Review

I just got my hands on Part 3 of Bill Poulos’s new Forex training video series. See the Forex Flexible Trader In Action – click here

This one is cool, and very unique… it shows a “live” recording of Bill Poulos trading during breakfast using his new “Flexible Forex” method. See the Forex Flexible Trader In Action – click here

You’ll see a live, 5-minute chart of the EUR/USD Forex pair…HEADS UP – if you listen closely, you might even hear Bill eating his breakfast

When you watch the Forex live trader video, put yourself in his shoes and imagine what it would be like. Then ask yourself if you can see yourself trading this way. I think you’ll agree that it’s pretty exciting, especially if you’re inexperienced & have little time.

*** BIG NEWS ITEM #2 ***

Ever since Bill released Part 1 of his new Forex video training, his office continues to get bombarded with emails asking things like:

* Is there a way to get more details on this method?

* Are you going to release more training?

* How can I get started?

HERE’S THE DEAL… Bill is going to reveal all the details of this method in his flagship home study training course he calls: “The Forex Income Engine 2.0″

He originally planned on releasing this in January as a way to kick off the new year, but because of so many requests, he decided to move it up and plans on releasing the entire course NEXT TUESDAY, DECEMBER 8th, at 10am Eastern time.

*** BIG NEWS ITEM #3 ***

I’ll send you more info on Bill’s course as soon as I have it…but in the meantime, he’s celebrating with something I think you’ll LOVE…

* Bill’s going to give away the very first copy of the Forex Income Engine 2.0 to one lucky trader next week.

For all the details on how to join the giveaway, just go the Video 3 page here:…and follow the link after you watch the video.

It’s not every day we get to sink our teeth into this much complimentary, juicy Forex content as well as participate in a big giveaway “on the house”… so I hope you are enjoying it as much as I am…

Good Trading;  See the Forex Flexible Trader In Action – click here

Did you watch Part 1 of the brand new video Forex training I sent you yesterday that reveals 35+ year trading veteran Bill Poulos’s recent Forex discovery? If not click here for FREE Forex Profit Run [...]]]>

Free Flexible Forex Day Trading In Action Video from Forex Profit Run Bill Poulos for the 2010 Forex market!

Did you watch Part 1 of the brand new video Forex training I sent you yesterday that reveals 35+ year trading veteran Bill Poulos’s recent Forex discovery? If not click here for FREE Forex Profit Run Trading Video

It’s already shaking things up and breaking old paradigms in the Forex trading community. See what one trader had to say:

“I have been trading the Forex markets for 3 years, and I can honestly say this is probably one of the most interesting videos I have seen. Bill, you have a gift of being able to explain a method that every one can understand, look forward to your next video…”

And that’s just 1 of dozens of similar comments posted just yesterday afternoon…

-but wait until you see the next video…

* PART 2 is ready now!

It’s called…* “Flexible Forex” Day Trading F.R.E.E.D.O.M. In Action

In the first Forex profit run video, you saw you a high level overview of how all the turmoil in the world right now is creating possible the best profit potential we’ve ever seen in the Forex markets…

-and then you saw you the flexible Forex method Bill Poulos discovered that lets you trade as little or as much as you want… WHENEVER you want.

In Part 2, he “zooms in” and shows you, step-by-step, how he quickly and easily spot trade setups…

* In all 6 major Forex pairs
* In any timeframe

Part of his discovery is the completely uncommon way he uses candlesticks… I’m not aware of anyone using them this way, and that’s one of the reasons it’s so powerful.

You’ll also learn:

* Why you want to place your stop orders where you DON’T expect the market to go…

* How to get into a “F.R.E.E. trade” situation ASAP with all your Forex trades…

* The kind of market you MUST avoid at all costs…

* His “super simple” risk management rules based on one of EINSTEIN’s principles that even an 8th grader could understand…

* A “hands-on” overview of one of the BEST charting & trading software solutions that makes Forex trading easier than ever……and a TON more.

Go here to see this Forex Profits FREE video now:

Make sure you take notes on these videos, because he will likely be pulling them offline next week.

Good Forex Trading!

p.s. If you Forex Profit Run Free Forex Free video Part 1, you can see it here:

FREE Forex Profit Run Trading Video Part 2: click here