Month: March 2019

May Promises to Quit if Deal Is Approved?

The never-ending story of the Brexit fiasco keeps getting more and more ridiculous. Why would Theresa May need to pledge to quit as Prime Minister if this deal Is approved? Perhaps, it could be a selfless sacrifice to help save the country from disaster while opponents are more interested in attacking her rather than saving …

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U.S. Flooding of Farms Adds to Stress of Trade War Damage to Profits.

Things have not been going well for some U.S. Farmers who have prospered in the past. Now trade wars with China have greatly reduced demand opportunities for exports and now more challenges with crops being lost to widespread flooding. Continue Reading here https://www.reuters.com/article/us-usa-weather-trade/flooding-woes-add-to-trade-war-stress-in-trump-country-farm-belt-idUSKCN1R70C3?feedType=RSS&feedName=topNews

2 Million British Citizens Sign “Cancel Brexit” Petition Crashing Site.

Apparently, a lot of British citizens are concerned about the direction the country is now headed and made that known by signing a petition to cancel Brexit altogether and go back to the way things were before this fiasco that seems like it will never work out anyway. I can’t say that I blame them …

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Here’s How Our Favorite Economist Explains What We Knew Would Happen at FOMC

I am glad that my emphasis is on reading charts using extreme subtle but accurate signals and patterns known through many years of testing. If I had to interpret economic data and use logic, I would be as confused as the rest of these guys. But here is how it is explained from the fundamental …

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Trading Stars Podcast 28: How a Retired New Jersey Policeman Became a Professional Forex Trader

Ray Mulholland was able to master trading in less than 2 1/2 years but not without a considerable amount of study and practice. A retired Police Officer, he also happens to be a master of jujitsu and aikido which I suspect may have also contributed to his balanced and disciplined way of approaching trading. In …

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Market Uncertainty Remains With Little Commitment of Direction on the GBP and Stock Market.

Since everyone knows there is more to be resolved politically before there can be any commitment to a direction on the GBP and in the stock market which is being affected by Brexit as well, we can expect to see that uncertainty reflected on the charts. https://www.dailyfx.com/forex/video/daily_news_report/2019/03/14/Neither-SP-500-Nor-GBPUSD-Will-Find-Breakouts-Easy-to-Support.html