Thursday, October 31, 2013

LTG GOLDROCK REVIEW by Chris: MUST WATCH!

Just found this LTG GoldRock Review on http://www.YouTube.com/ltggoldrock . Was shot at our Hamilton Island Traders Summit. Definitely considering holding another 2 Day Boot Camp there - Lots of great training and relaxing with a few drinks by the water. Pure Bliss!




LTG GoldRock Reviews the US Fed Decision and Trade Potentials


Andrew Barnett from LTG GoldRock Reviews the latest Forex News on the US Fed Decision and potential profit opportunities on a number of different fx currencies. Members of www.ltggoldrock.com receive video updates every Monday, Wednesday and Friday via the GoldRock Insider Report. They also enjoy live coaching from a Professional Trading Team.

Wednesday, October 30, 2013

The LTG GoldRock Reviews in the Media Today

Andrew Barnett, LTG GoldRock
LTG GoldRock Senior Trader and Financial Commentator Mr. Andrew Barnett is often contacted by the Australian Media in relation to his opinion of Currency Markets. Today's hot topic was the Reserve Bank of Australia's Comments and the FOMC decision that is impacting the Aussie Dollar.

You can read the official LTG GoldRock Reviews published by The Age, Fairfax- Trading Room and TheBull.com.au at the following links:
You can read more about Andrew Barnett and LTG GoldRock on www.LTGGoldRock.com

Expections of a continued Stimulus Push Stocks Higher. LTG Goldrock Reviews



The markets are convinced that Bernanke will advise on Wednesday afternoon in the US that the US Fed has decided to maintain its current asset purchase program (stimulus) and therefore this is the reason why the Dow Jones closed up over 100 points on Tuesday. Traders don't want to miss the rally that might take place when Bernanke says its all go for the continuation of the money printing.

What chances are there of him saying something to contradict this? Very little really, he might remind the market that if the data improves there is no reason why the US Fed won't begin the taper but the market already knows this and with Retail Sales figures overnight coming in just under market estimates and US Consumer Confidence data taking a big tumble the market is positioned for a Dovish speech which will most likely see the bulls continue to run and could send the US Dollar lower and Aussie and Kiwi Dollars higher. Of course if he surprises the markets with a more hawkish speech and hints he may leave a legacy of being the Chairman to start the taper in December or January the opposite will happen.

Join the discussion on the latest 2013 LTG GoldRock Reviews head to https://twitter.com/LTGGoldRock

LTG GOLDROCK REVIEW of what the Banks are saying about the Aussie Dollar


It's important when looking to trade the Forex Markets to have a complete picture of bother the Technicals and the Fundamentals. Each day Andrew Barnett from LTG GoldRock Reviews what the Banks are saying in the media. You will find many of the comments are self-serving and that they have their own agenda on where they want the AUD to be. Take a look at today's "What the Banks are Saying".

ANZ boss says that Stevens doesn't want to cut rates because that will put more heat in housing but he doesn't want to raise them because of the currency.

Citi Group says seasonally we see strong demand for the Aussie Dollar between now and the end of the year.

Deutsche Bank says its sees the Aussie Dollar at 0.98c by the end of the year but by the end of 2014 sees it at around 0.90c.
The reason of course is that in 2014 they expect the US Fed to have started and likely completed the taper.

CBA says that jawboning was more art than science and sometimes delivered imperfect results. Referring to Glenn Stevens comments yesterday.

Tuesday, October 29, 2013

Have you seen this LTG GoldRock REVIEWS Video yet?

LTG GOLDROCK REVIEWS FOREX NEWS 2013
If you haven't seen the Video LTG GOLDROCK REVIEWS the Forex News for 2013 yet then it is well worth the 15 minutes to watch. Andrew Barnett has a great ability to speak in a simple way so even non-traders or new investors can understand what is happening in the Currency Markets. Take a look now on http://vimeo.com/ltggoldrock/ltggoldrock-reviews-forex-news-2013 

A Forex News LTG GoldRock Review: Latest on the US Fed



Currency markets are simply waiting for the US Fed meeting on Wednesday to try and latch onto something it says about the US economy and of course the potential taper talk or even the possible expansion of the $85 Billion a month in asset purchases. As I mentioned yesterday we expected the markets to rise a bit and then fall a bit and the direction was nothing short of lackluster. 
LTG GOLDROCK REVIEWS on ANDREW BARNETT
LTG GoldRock Reviews by Andrew Barnett
There was simply no news to get things rolling.

One notable piece of news overnight that does not go well for the housing sector in the USA was the drop in Pending Home Sales which dragged on to a fourth straight month of declines this time down 5.6%. The trading ranges on all the major currencies were tight and the only piece of news today that might break the shackles is US Retail Sales.

Members of the award-winning LTGGoldRock Program enjoy receiving daily LTG GoldRock Reviews of the latest Forex News in the daily GoldRock Insider Report published by Andrew Barnett.

Monday, October 28, 2013

LTG GOLDROCK REVIEWS: More Hot Tips on How to Double Your Profits Without Increasing The Risk



One of the secrets to using the Bath Tub Method to double your profits and not increase the risk is knowing exactly when to add more money to a winning currency position and knowing when to bring what is called a stop loss to your entry point. A stop loss is the original place you would exit a trade for a loss but if the price moves in your favour a certain distance you can adjust this stop loss price to your original entry price, meaning you cannot lose on the trade.

Just like the example below of the Aussie Dollar vs Kiwi Dollar trade I am in right now. My stop loss price (the red dotted line) is well inside my entry point. This is a perfect Bath Tub Method example that I will be walking you through Tuesday from 8pm AEDT in our special online presentation.

To attend the Tuesday night Live coaching with Andrew Barnett go to www.ltggoldrock/webinar-registration/

You'll be stunned at just how simple yet highly profitable the Bath Tub Method is, but the key to using it is this… knowing when the price is likely going to move BIG! And this is what I want to explain to you how our members do it.

Through our professional team's analysis we teach all our members whether they have no experience or a lot when the price is likely going to move BIG, so they can use the Bath Tub Method and potentially double their profits without increasing a single dollar of risk. This is exactly what I am going to show you Tuesday night from 8pm AEDT.
 
It doesn't matter if you know nothing or think you know everything about currency investing, Tuesday night's live online presentation will be a serious eye opener and something that could see you potentially double your returns.

Click Here to register right now, it only takes a few seconds.

Friday, October 25, 2013

LTG GoldRock Review of the Forex Markets on Sky Business TV


LTG GoldRock Forex Trader Mr. Andrew Barnett is a leading Fx Commentator. You may have seen him discussing the latest Aussie Dollar movements on TV or read some of his comments in the media. For more LTG GoldRock Review videos go to http://www.ltggoldrock.tv

Thursday, October 24, 2013

LTG GoldRock Review: An Insider Look at the Forex News


The below is an inside look at part of the GoldRock Insider Report for October 24th, 2013.
Each morning LTG GoldRock Members receive a professional Forex update via email from Andrew Barnett and the LTG GoldRock Trading Team.



China spooks markets once again.
It was only some months ago that the Chinese overnight bank lending rate sky rocketed higher causing financial markets to pause and reverse their upward trends as investors worried that China's banks had too much bad debt on its books. Wednesday rumours were jumping that one of China's biggest banks the Industrial and Commercial Bank wrote off $3.7 Billion of bad debts in the first 6 months of 2013 due to the housing bubble that many predicted would cause bad debt amongst China's banks. This news sent emerging market currencies lower once again and rallied the safe haven currencies such as the Yen, Swiss Franc and US Dollar.



A few interesting stats.
-  Whilst China may have some bad debts on its books, so does European Banks and the ECB is going to stress test about 160 of them in the coming months to see how they would handle having to write much of these bad debts off. In other words would they have enough cash on hand to survive if these bad debts did not pay up. European traders didn't like this idea and sent the Euro and European shares lower on Wednesday.

-  Keep an eye out today for the latest China Flash PMI that is released at 12.45pm AEDST. It will likely be the flavour of the day throughout the Asian session.


Economic Calendar: Times are AEST (Sydney Time)
  • 12.45pm  CNY        China Flash HSBC PMI
  • 6.30pm    EUR        German PMI data
  • 7.00pm    EUR        Euro Zone PMI data
  • 11.30pm  USD         Weekly jobless claims