Archive for February, 2008
Commodity price brief - Yes oil is at $102 barrel and copper is reaching and about to touch $4.00 lb. Many experts feel with the lack of new copper mines coming on-stream and the start-up costs for new mines increasing dramatically is a formula which will continue to put upward pressure on the price of […]
February 29th, 2008 | Posted in Commodity Prices | No Comments
Business Spectator (Australia), 1:18PM 29-Feb-2008
by AAP
A wave of copper thefts sweeping Australia and the United States is causing havoc as essential services are put at risk.
The surging demand for copper in India and China has pushed the price of scrap copper to $7,500 per tonne in Australia, authorities say, making it a target for increasingly-bold […]
February 29th, 2008 | Posted in Commodity Prices - Copper | No Comments
By Polya Lesova, MarketWatch
Last update: 11:40 a.m. EST Feb. 28, 2008
NEW YORK (MarketWatch) — Gold futures rose to a record high of $970 an ounce Thursday, propelled by the dollar’s tumble to a new low against the euro. Gold for April delivery hit $970 an ounce on the New York Mercantile Exchange. The contract was […]
February 28th, 2008 | Posted in Commodity Prices - Gold | No Comments
We have compiled a list of Swiss Forex Brokers all indicate they are Regulated by the FDF. The FDF is the Swiss Federal Department of Finance:
With 35% of the world’s private assets managed by Swiss and foreign financial institutions based in Switzerland, the country has a long established tradition as one of the […]
February 27th, 2008 | Posted in Forex Brokers | 1 Comment
National Post, p. FP8 783 words 23-Feb-2008
By Peter Hodson
Comment; In 10 years, today’s prices may look like a bargain
Our peak oil thesis gained some new respect this week as oil prices hit yet another record, the first close over US$100 per barrel. Demand fluctuates, but it is all about supply, and supply concerns this week […]
February 27th, 2008 | Posted in Commodity Prices | No Comments
February 26, 2008
Gold N.Y. Spot $ 942.00
Silver N.Y. Spot $ 18.43
Lead LME Cash $ 1.4756
Copper LME Cash $ 3.7512
Zinc LME Cash $ 1.1120
Nickel LME Spot $ 12.63
Aluminum LME Spot $ 1.3045
Platinum […]
February 27th, 2008 | Posted in Commodity Prices | No Comments
Dow Jones Newswires, 12:02 ET (17:02 GMT) 26-Feb-2008
By Allen Sykora
Base and precious metals prices, along with oil, have “staying power” to remain at historically high levels for some time, underpinned by supply issues as well as demand from developing economies, Bart Melek, global commodity strategist with BMO Capital Markets, said Tuesday.
Melek addressed commodities during a […]
February 27th, 2008 | Posted in Commodity Prices - Copper, Commodity Prices - Oil, Commodity Prices - Silver | No Comments
Trade pairs, not currencies - When two (2) currencies are being traded against each other, it is called a “Pair” and the Forex Market consists of four (4) main pairs: Euro-USD, USD-GBP, USD-Japan Yen, USD-Swiss Franc.
The first currency is called the base currency and the second currency is called the counter-currency. For each transaction, we […]
February 23rd, 2008 | Posted in Forex Trading, Learn Forex | No Comments
For the United Kingdom (UK) ensure the broker you use is regulated by The Financial Services Authority (FSA), United Kingdom.
Alpari (UK) Ltd.
FXCM.UK
HY Markets
Some services they offer are Forex, oil/gas, metals, commodities, and stocks
IG Markets
Man Financial Ltd.
More Forex
February 19th, 2008 | Posted in Forex Brokers | No Comments
Emotional Trading - Without that all-important strategy, your trades are just thoughts and thoughts are emotions and a very poor foundation for trading. When we are emotional we seldom make the wisest decisions. Don’t let your emotions sway you. As mentioned in other posts, adding the emotional element into the equation makes it strike two […]
February 15th, 2008 | Posted in Forex Trading, Learn Forex | No Comments