What is Forex: a fair opportunity to profit from currency rates or a scam arranged by brokers and dealing centers?

Market Leader informed

Is Forex a scam or a fair game at the interbank currency market?

It is one of the top discussed questions on the net. The internet portal called “The secrets of Masterforex-V trading” was among those who raised and developed the topic. The essence of numerous disputes on the matter can be reduced to the following issues:

·         Many traders have lost their deposited money trading with the very Forex brokers or dealing centers (DCs) and blame them for arranging “the Forex scam”.

·         In response to that the brokers/DCs say that 97% of traders lose at Forex. That is why it is the losing traders themselves that should be blamed for their losses, not the brokers or dealing centers. On the other hand, they say that all brokers/DCs are different, and that is why traders shouldn’t think that all of them are swindlers. There are both scam brokers and fair brokers providing services for many years.

How to tell a fair broker/DC from a scam one?

Masterforex-V Academy members offer their own methods of doing it basing of many years of successful trading:

Investments – a Profitable and Reliable Source of Your Income!

Market Leader informed

 The modern world is amazingly wide and diverse. It has great prospects and horizons open to focused and talented people for personal development in different areas of professional activity. Investments are one of them.

Rapid economic development in the 20^th century offered a host of very interesting areas and facilities for investment, from exotic investments to large-scale financial and economic projects. However, there is rueful statistics in the forex and other markets: the number of successful investors is negligible as compared to those who lost their lifetime savings in an attempt to make money on different investments. People invest money where and how they like and their decision-making is based only on personal preferences and motives and later lose the invested capital. What the investor needs to make professional investments decisions is not only good awareness but also an ability to independently evaluate the current situation and make forecasts.

Market of precious metals: where will the trend go?

Market Leader informed

During the previous trading week the market of precious metals continued its bearish tendency.

The US Dollar was strong versus most global currencies. The EU unemployment rate in November reached 10.1%, confirming the forecasts. The European GDP in the 3^rd quarter of 2010 was 1.9% higher, coming up to the expectations. The German trade balance in November made up €11.8B, lower than expected.

 

The downtrend of gold results from the following macroeconomic peculiarities: the US Dollar strengthens, the US economic recovery accelerates, investors leave the “heaven” precious-metal market for riskier assets (like currencies or stocks), making gold lose in value.

Gold was also undermined by the fears of more complicated speculative activities. Last week the gold sales were suspended by the employment change release. The private sector created only 113k new jobs in December against expected 200K. The only positive thing was a 0.4% decline in the unemployment rate from 9.8% to 9.4%.

Boeing – Global Leadership in Aviation and Space

Market Leader informed

Boeing (The Boeing Company) (NYSE: BA) is the largest aerospace company in the world. The company’s official website is at http://www.boeing.com. Its headquarters are in Chicago (Illinois).

Boeing’s history reflects the entire path of global aviation and astronautics.

The company was founded by William Boeing (1881-1956), graduate of Yale University. He worked in timber industry for some time to get rich and knowledgeable about wood structures. This appeared invaluable for further development and production of airplanes.

On 15 June 1916 William Boeing and George Konrad Westerwald sent the first ever B&W plane for a flight, and a month later they registered a new company, Pacific Aero Products. In 1917 its name was changed to Boeing Airplane Company.

In the 1920s Boeing Airplane Company made military and civilian aircraft used by the American armed forces. In 1928 Boeing Co. became part of United Aircraft & Transport Corporation which was reorganized into three companies in 1934 as a result of President Roosevelt’s antitrust laws - Boeing, United Aircraft and United Transport.

Boeing was involved in bomber manufacturing during the Second World War.

In the 1950s Boeing designed the first jet bomber, B-47 Stratojet, and B-52 Stratofortress, one of the symbols of the Cold War. On 15 July 1954 an experimental plan, Boeing 367-80, had its first flight. Later it showed the path for the 700 series of commercial Boeing jets.

Boeing today

Experts say British Pound may fall down to 1.53 against US Dollar

Market Leader informed

Experts warn: GBPUSD may decline in the short run down to 1.5300.

It is mainly connected with the weak and slow recovery of the British economy and growing inflation in the country. Such a situation makes the Bank of England unable to toughen its monetary policy.

Experts underline that in the short run we should get ready for the GBP decline against USD because of the declining forecasts for the UK economy in general. Moreover, the US treasury bonds have become more attractive for investors while the sentiments concerning the US economy remain positive.

Movement scenarios: markup. Daily-H1-M15. GBPUSD. Jan 4^th 2011

1. Upward scenario (CP1)

Support level: 1.5470 is critical for this variant of movement. A breakout of it cancels the scenario.

Resistance levels:

Volatility indicator “Saks Channel”: 1.5483 - 1.5565 - 1.5647.

Local highs: 0.9964 - 1.5582. Buy target grid of the basic indicator: 1.5566 - 1.5598 - 1.5647.

Global Financial Crisis Helping to Sink?

Market Leader informed

The search for ways out of the crisis in the western world hasn’t yielded any clear answers to what path to escape will be appropriate. Many western economists offer demand stimulation from the state budget and tough monetary policy as an urgent measure. Such steps might have a softening effect in the near term but, given long-term prospects of development of western countries they have to increase productivity in order to ensure large-scale emergence from the crisis. Today’s situation shows quite clear similarities between the economic position that European countries and the US have ended up in and the situation that emerged in Japan as a result of the 1992 crisis.

 

USA: СВ Consumer Confidence makes up 52.5pts in December

 

Dec 28^th 2010 at 15.00GMT the US Conference Board released its Consumer Confidence report.

Previous value 54.1 Forecast 56.3

The СВ Consumer Confidence index is a composite index based on household research. The consumer confidence index is an anticipatory indicator of consumer spending, which in its turn is the main indicator of the country’s overall economic activity. The survey involves 5000 households. The respondents are asked to evaluate the present and future economic conditions, including labor market perspectives, business conditions and general economic situation.

In the US the СВ Consumer Confidence index grows in value, however insignificantly (a couple of points). According to James Nielsen, vice-president of Global Consumer Insights under Nielsen Co., the Americans are still too cautious about their spending in the light of economic ambiguity and still high unemployment level.

Switzerland: KОF Econоmic Barоmeter makes up 2.1pts in December

On Dec 29^th at 10.30GMT the KOF Economic Research Agency released its Econоmic Barоmeter index for December.

Previous value 2.12 Forecast 2.08

KОF Econоmic Barоmeter is a composite indicator based on 12 economic indexes. It is used to define Switzerland’s economic development perspectives for the next 6 months. As a rule the value is volatile.

The 12 indexes are connected with Switzerland’s banking sector, housing market, industrial production, new manufacturing orders and consumer confidence.

The KОF Econоmic Barоmeter index entered the positive zone inSeptember 2009. It has been staying positive ever since even though since July 2010 it has been showing some weakness. It means that the GDP keeps growing while the pace of economic growth starts declining.

How real is the possibility of Germany leaving the EU?

 

This year has shown that the further perspectives of the EU and its currency are not that favorable. Some experts even say that their existence may go out on a limb. According to them, there are plenty of significant reasons for numerous countries of the Euro zone to go back to their own national currencies. And they well may do it in the future.

What is Germany dissatisfied with?

Masterforex-V Academy experts have defined the following issues:

·         The only thing known for a certainty is that most Germans are not satisfied with the common European currency.

·         The Cologne-based analytic center called YoGov-Institut has recently conducted a corresponding survey. The results show that about 49% of the respondents want the D-Mark back while 41% oppose their opinion.

·         No wonder that the results look like that because the Euro currency is less reliable than the old D-Mark, which has had a significant impact on the income and the quality of life of most Germans.

·         Having a relatively powerful economy Germany has to support its weaker EU counterparts.

Portugal runs out of sugar. Will it affect Europe?

Market Leader informed

Previously Masterforex-V Academy experts repeatedly suggested paying attention to the fact that sugar and coffee prices had been constantly increasing and updating their highs around the world. The recent publications of the Financial Times prove that in 2011 the situation is unlikely to change for the better. Moreover, the supplies of sugar and coffee will be restrained, which in its turn will create favorable conditions for the prices to continue their way up. Indeed, it sounds like a rather probable scenario if to take into account that last week Portugal completely exhausted its sugar reserves.

In terms of figures, the terrible situation looks as follows: On Monday at NYMEX the March raw-sugar contract broke a 30-year price record by reaching $0.335 per pound (453g). On the same day the March coffee contract (Arabica) reached $2.2695 per pound, which appeared to be a new price record in 30.5 years.