Russian spy blunder – wrote down passwords

http://news.bbc.co.uk/2/hi/world/us_and_canada/10446390.stm The funniest aspect of the careers of the 10 alleged Russian "agents" arrested in the US is how inept they were - and how apparently unsuccessful.

They have not even been charged with espionage, only with not registering as agents, or representatives, of a foreign government and with money laundering.

…Another couple, "Donald Heathfield and Tracey Foley", the "Boston Conspirators", also seem to have been doing rather too well. Their accounting of $64,000 (£42,500) given to them reads like the expenses of a British MP - "meals and gifts $1,250"; "education $3,600"; "business (cover) $4,900" etc.

http://www.bloomberg.com/news/2010-06-29/u-s-espionage-claims-recall-cold-war-spy-mania-russian-government-says.html The U.S. Justice Department's claims that it broke up a Russian spy ring are "regrettable" and reminiscent of the Cold War at a time when relations are improving, Russia's Foreign Ministry said.

"Such actions are completely unfounded and serve unseemly goals," the ministry said today on its website. The allegations are "in the spirit of cold war spy mania," according to the statement.

YOU SPYING ON ME? - 'Invisible ink', coded messages... - Ring's 'femme fatale'... - Moscow calls claims 'baseless and improper'... - Busted!

FBI used high-tech spycraft...

EES releases MT4 trade replicator

EES announces the release of MT4 trade replicator, which allows the replication of trades from one MT4 account to another. It will be included in the EES FX subscription for $99/month, including other EES strategies. For more information, click here: http://eesfx.com/portal/elite-expert-trader/ees-trade-replicator.html

Click here to subscribe to EES FX Elite

Yen, Dollar Strengthen on Speculation Global Economic Recovery Sputtering

http://www.bloomberg.com/news/2010-06-24/japanese-yen-advances-as-federal-reserve-data-fan-concern-growth-falters.html The yen and the dollar gained against most major counterparts as signs the global economic recovery is faltering fueled demand for the safest currencies.

The Japanese currency remained the top performer among the most-traded currencies even after data showed U.S. jobless claims declined last week. Stocks fell on concern Europe's debt crisis is worsening. Federal Reserve officials said yesterday financial conditions have become "less supportive" of growth and a report showed new home sales fell in May to a record low.

"People are still sort of weary to put on new risk positions, so you're seeing things drift into the safe havens," Brian Kim, a currency strategist at UBS AG in Stamford, Connecticut. "In the times of low risk sentiment, the yen does well, the dollar does well."

Gulf beach property market collapse

http://www.cbsnews.com/stories/2010/06/23/business/main6611141.shtml

(AP)  This was the year, Alicia Hollis and her fellow real estate agents thought. After a nasty batch of hurricanes and the bursting of the housing bubble, this was the year that condo sales along the Florida Panhandle's brilliant white beaches were going to rebound.

Then came the oil - or more accurately, the mere threat of oil.

Special Section: Disaster in the Gulf


Though most of the Gulf Coast remains free of tar balls, sheen and sludge from the spill in the Gulf of Mexico, owners and agents say the disaster has still stained a showcase piece of the real estate market.

It's the third sucker punch in six years for property owners, many of whom were depending on rental units to fund their retirement. State lawmakers are looking to let homeowners off the hook on some of their taxes, hoping to pass the cost along to BP.

But things won't get better as long as images of oiled sand keep buyers away.

"We can sell places in town - people need a place to live - but the beach: look how empty it is," said Hollis, who's been selling homes in the Panhandle since 1973. "It's so heartbreaking."

Hollis' agency based on Okaloosa Island, where rows of condos line the beach, typically sells six or seven units a month. It hasn't sold a single beachfront property since the Deepwater Horizon rig exploded off the Louisiana coast April 20. No one is even looking, she said.

More Oil Spill Coverage


Thick Pools of Oil Wash Up on North Fla. Coast

BP Removes Oil Well Cap after Gas Mishap

New Drilling Regulator Promises Investigations

Joe Barton Keeps GOP Leadership Role

Judge Who Tossed Drilling Ban an Oil Investor

Man claims to find oil in oyster at Cornelius restaurant

http://lakenorman.wbtv.com/content/man-claims-find-oil-oyster-cornelius-restaurant
CORNELIUS, NC (WBTV) - A man says he found oil inside his oysters while eating at a restaurant located north of Charlotte this weekend.

Matthew Robertson is fascinated at the thought that an oyster from the Gulf Coast that was possibly soaked in oil made it onto his dinner plate.

"I rubbed it on my napkin and I said 'Hey, Dad look, there's oil on my oysters,'" said Robertson.

Matt Simmons: Evacuate Gulf States

http://www.washingtonpost.com/wp-dyn/content/article/2010/06/22/AR2010062205391.html?hpid=topnews "We're going to have to evacuate the gulf states," said Matt Simmons, founder of Simmons and Co., an oil investment firm and, since the April 20 blowout, the unflagging source of end-of-the-world predictions. "Can you imagine evacuating 20 million people? . . . This story is 80 times worse than I thought."

New-home sales plunge 33 pct with tax credits gone

http://hosted.ap.org/dynamic/stories/U/US_NEW_HOME_SALES?SITE=CAOAK&SECTION=HOME&TEMPLATE=DEFAULT

DRS_T 1.2 released, DRS_R 2.1 released, DRS manual updated

DRS T update and test http://eesfx.com/portal/31-drs-t/101-drs-t-1-week-optimization-and-test-of-eurusd-6182010.html#102

DRS R update and test http://eesfx.com/portal/30-drs-r/105-5-in-2-days-on-eurusd-with-10-dd.html#105

EES FX Forums RSS Feed URL

Follow new posts on eesfx.com with the following URL RSS feed:

http://eesfx.com/portal/rss.html

Gulf Oil Doomsday

EUR/USD vs ES & HU 10- Yr Yield Sprds vs DE Flows - Now its Hungary!!

EUR/USD vs ES & HU 10- Yr Yield Sprds vs DE Flows - Now its Hungary!!

Monday, June 07, 2010 7:57:00 AM

* 07 Jun 10: 11:57 GMT (LDN) - FX NOW! EUR/USD vs ES & HU 10- Yr Yield Sprds vs DE Flows - Now its Hungary!!

EUR/USD's dive that built momentum on Friday and breached the psychologically key 1.2000 level was fuelled by the ongoing concerns about the international debt markets. Uncertainty in the debt markets has undermined the equity markets and the knock on for the FX market is that USD and JPY outperform the rest of the market. EUR/USD's fall through the 1.2000 was dealer led, but they did not take the initiative until equities had fallen over. Now, the news from Hungary, as well as a few other names, has undermined equities and FX once again. The story just keeps going.... M.B.

* 07 Jun 10: 11:08 GMT (LDN) - FX NOW! EUR/USD vs S&P Futures Flows - Asians extend Friday's trends, eurozone takes profits

It is a new week, but the story has not really changed for markets in general. Debt problems continue to dominate the headlines, with Hungary being featured as a potential flash point. Politics is also playing its part. G20 coverage has unearthed differences of view/focus between US Treasury Sec Geitner and ECB's Trichet. Asians did what Asians do in reaction to the news and sent equities spinning along with EUR. USD and JPY came out on top overnight. Eurozone traders did not share the same misgivings and seem happy to cover shorts in advance of the N. American open. S&P futures have bounced off lows of 1052 and climbed to 1069+. That equity bounce has had the usual impact on the FX market dragging EUR up off its lows and giving AUD and CAD a big boost. Once profits are booked and positions are manageable, it will be the N. Americans that set the tone and direction for the remainder of what is likely to be an order driven session. M.B.

* 07 Jun 10: 10:04 GMT (LDN) - FX NOW! EUR/USD, EUR/JPY Flows - EUR higher prior to strong German Factory Orders release

German factory orders for April were up 2.8% m/m, not at the 5 m/m pace seen in March, but well above market estimates in the 0.4% m/m area. EUR has not reacted in any significant way to the April report. In advance of the better than anticipated data, EUR was working its way higher after setting of stops in EUR/USD at 1.1960 and working its way more methodically higher vs JPY. Technically, the next levels to watch include 1.2020 for EUR/USD and 110.00 for EUR/JPY. M.B.

MT4 build 226 fix: recompile EAs

http://eesfx.com/portal/17-ees-customer-support-requests/92-mt4-build-226-crashing.html

Any and all EA's or custom indicators will need to be compiled, (via the MetaEditor) to build 226.

Typically, this occurs when programs written in build 225 are not updated to build 226 for used by compiling them to the updated build in the Editor.

This is a known issue by MetaQuotes and eventually occurs for any mismatching build/programmed EA.

EES / PFG Webinar Archived online

https://pfgbest.webex.com/ec0600l/eventcenter/recording/recordAction.do?siteurl=pfgbest&theAction=archive

Topic:  Automated Forex Systems for Spot FX-20100603 1904-1 Recording date:  Thursday, June 3, 2010 3:00 pm   Central Daylight Time (GMT -05:00, Chicago) Panelist Information:  Elite E Services Duration:  58 mins Description: 

Overview: This presentation will explain how to use automated Forex systems in spot FX using the MT4 trading platform and the advantages of using a system vs. not using a system. We will cover an actual trading system, the DRS system; offered by Elite E Services FX; a registered CTA. This system, after explanation, will be available for lease or purchase to anyone interested.

PFG Webinar Thursday 3pm EST

Click here to register for the webinar

Click here for more information

Webinar will cover automated trading and how to use and invest in automated systems.

Mirror, Mirror on the Wall, When is the Next AIG to Fall? Marc Faber