Monday, October 27, 2014

All eyes are on the US Fed this week.



Traders around the world will start to speculate on Tuesday and Wednesday as to what the US Fed will say when it releases its latest policy statement at 4am AEDT Thursday morning.  The market is expecting the Fed to wind back the last remaining $15 Billion a month of its QE program and thus mean the US Fed is no longer printing money. The market also expects the US Fed to give us some indication on what its forward guidance is on interest rates for 2015.

Unless the US Fed hoses down the economy this week when it announces its policy statement and Yellen openly suggests a rate rise in 2015 isn't going to happen, I suspect the US Dollar will continue to gain strength for the rest of 2014. There is the obvious world growth concerns but the US has been growing and hiring without the assistance of the rest of the world.

Don't trade with your economic eyes closed, look ahead, see what's coming and plan your trading week starting today.

ltggoldrock trader Andrew Barnett
You can also read LTG GoldRock Senior Trader, Andrew Barnett's comments in the media on Friday here >  https://au.news.yahoo.com/thewest/business/a/25339703/strong-us-data-weak-nz-data-weigh-on-a/ 

Friday, October 24, 2014

Big Bond investors say the US Dollar will continue to climb.



Traders at Double Line Capital LP and traders at Pimco two of the world’s biggest Bond trading firms say the US Dollar will continue to rise and the economy will grow at 4% in the years ahead. They also predict US Treasuries (Bonds) will be the place many European countries and investors will put their money for security and return in the face of a weakening European economy. They also predict the US Dollar will remain strong for several years ahead.

I agree fully with their views and based on the current economic recovery in the US and potential for higher interest rates the US Dollar will likely continue to appreciate against currencies such as the Kiwi Dollar, Aussie Dollar and emerging market currencies such as the Brazilian Real, South African Rand, Indian Rupee and Russian Ruble.

Gundlach from Double Line Capital LP told Bloomberg he expected the US Dollar to surpass the highs of 2009.

Check out the latest from LTG GoldRock on www.ltggoldrock.com.au

Thursday, October 23, 2014

Learn about Forex Trading with LTG GoldRock

Due to the huge popularity of recent Live trading sessions I've decided to invite only a select group of investors again to come and learn with me live over 2 evenings starting on Monday. I have chosen you to be one of them, I trust you can make it.


These 2 Live Free Coaching and Trading Sessions will not only unlock a wealth of content for you, but give you an in-depth look at the rewards, risks and opportunities that await you as an investor in our Trading Room.  

You'll learn all the important stuff such as…
  • How do you really make money from trading currencies and indexes?
  • How do you make money from a currency or index when it goes down in value?
  • Why do currencies rise and fall and how can it be 100% recession proof?
  • Who trades currencies and who are the winners and who are the losers?
  • How much do the brokers make?
  • How do I open a currency trading account and trade?
  • What is the minimum investment I can start with and what are the risks?
  • How do I know who to follow and be assured you can make money?
  • How do you know when to buy and sell?
  • How much time each day does it take to be profitable?
  • What sort of returns are realistic.
If you can make it I can promise you that Monday & Tuesday night's Coaching Sessions will give you more valuable content about the FX market and the potential profit opportunity than ever before. I just hope you are free to join me.


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Past performance is not a reliable indicator of future performance. This is a leveraged investment that can magnify losses as well as profits.

US Dollar gains as CPI beats estimates.


It's showing resilience in the face of slowing global growth and Septembers inflation gauge showed that the cost of living in the US is rising more than estimates. Inflation for September rose to an annualised rate of 1.7% which was 0.1% higher than estimates. The US Dollar gained against its major trading partners with the USDJPY rising back to its Monday high. Mortgage applications also rose to a new high in the US.  

LTG GoldRock Director Andrew Barnett, reviews the latest Currency News on a daily basis and provides LTG GoldRock members with a daily report with the important information they should know for their Forex Trading.

Monday, October 20, 2014

What's happening with the Yen?



Do you remember the earthquake that caused so much devastation in Fukushima in 2011? This quake has resulted in Japan closing down all its nuclear power facilities and therefore Japan has had to import more oil and gas to fuel Japan. This has come at huge expense and there are no plans to re-open these nuclear facilities any time soon. Therefore if the Yen is weaker import costs to fuel Japan are more expensive and thus creates more debt for a country that is already weighed down by decades of financial mismanagement and deflation. Japan is the ultimate financial basket case.

Everyone thinks Japan is a big exporter. Wrong. Exports in Japan only account for 15% of Japan's output. Why? Because over the years Toyota and most other big Japanese corporations have built factories overseas. As an example it is cheaper and more efficient to build cars in the USA than to build them in Japan and ship them over to the US.

This is an excerpt out of Monday the 20th of October LTG GoldRock Insider Report. If you are an LTG GoldRock there is a very detailed trade explanation for you in Today's report. If you haven't yet read it we highly recommend that you read it as soon as possible to maximise your profit potential.

Tuesday, October 14, 2014

Ditto for the US stock market. Down she goes again.



The stock market continues its correction with another significant fall on US markets Monday. The Dow Jones was down over 200 points or 1.35% with the S&P 500 down 1.65% and Nasdaq 1.46% respectively. Why are we reporting on the stock market when we are currency traders? Because there is always a flavour of the day for financial markets to follow and falling stocks is the flavour of the day, or if you like flavour of the month right now and this is helping drive certain currency movements.

The main reason for the significant and sustained fall is that the US Fed is no longer printing free money and injecting it into the US economy and it must now survive on its own with interest rates at close to 0% and the potential for them to rise in 2015. Stock market traders, hedge funds and large speculators are electing to exit, take what profit they have and are putting the proceeds back into cash.

Adding weight to the decline is the recent forecast by the IMF of lower growth for the worldwide economy in 2015 and this also comes on the back of the US Fed Minutes from last week that showed US Fed officials were concerned that slowing global growth may also stall the US economic recovery and it may force them to keep rates lower for longer.

Essentially stock market traders have their knickers in a knot over the fact that there is no more free money from the US Fed being injected into the economy, interest rates may rise in 2015 (regardless of what the US Fed says now) and it all comes at a time when global growth is expected to remain low. "Sell" is the safety play in these circumstances and thus stocks are falling and the traditional safe haven currencies such as the CHF and JPY are rising.

Andrew Barnett and the LTG GoldRock Team run weekly live trading and coaching sessions for investors interested in learning how to trade Forex. Go to www.ltggoldrock.com