Sunday, June 19, 2011

Germans rethink bailout, UK banks abandon Eurozone

Posted by at

Friday, June 17, 2011

15 Million Lots available in MT4

EES FX ECN now offering 15 Million Lots in MT4 http://eesfx.com/ecn

MT4 normally restricts demo and live accounts to 1,000 lots.  Of course, with 50:1 leverage, in order to trade 15 Million Lots, which is 1.5 Trillion, would require a deposit of 30 Billion.

1,000 Lots is 100 Million, so with a deposit of 10 Million, the 1,000 lot limit would be restrictive.  15 Million is a high enough limit that it is for most accounts high enough where only leverage limitations would be implemented.

http://eesfx.com/ecn
Posted by at

Tuesday, June 14, 2011

Bilderbergers promulgate their opinions

Posted by at

Gold to reach 5,000 - mainstream media

An exhaustive report by Standard Chartered predicts that gold [GCCV1  1525.50   1.10  (+0.07%)   ] will more than triple to $5,000 an ounce because of a lack of supply, not just because of a surge in demand that most bullion bugs cite in their bullish calls.
Posted by at

Sunday, June 12, 2011

EES Releases Velocity Indicator on MQL4

http://codebase.mql4.com/7625


Velocity = High-Low / Time. Time is changeable to minutes, hours, or days. Seconds is the default. In physics, Velocity = distance / time.
Velocity can be a good indication of price action divided by time, differing from indicators such as ATR and Volatility indicators that do not include time.
Posted by at
Labels:

Wednesday, June 8, 2011

Department of Education sends SWAT team to collect student loan


STOCKTON, CA - Kenneth Wright does not have a criminal record and he had no reason to believe a S.W.A.T team would be breaking down his door at 6 a.m. on Tuesday.
"I look out of my window and I see 15 police officers," Wright said.
Wright came downstairs in his boxer shorts as a S.W.A.T team barged through his front door. Wright said an officer grabbed him by the neck and led him outside on his front lawn.
"He had his knee on my back and I had no idea why they were there," Wright said.
According to Wright, officers also woke his three young children ages 3, 7, and 11 and put them in a Stockton police patrol car with him. Officers then searched his house.
As it turned out, the person law enforcement was looking for was not there - Wright's estranged wife.
"They put me in handcuffs in that hot patrol car for six hours, traumatizing my kids," Wright said.


http://www.news10.net/news/article/141072/2/Dept-of-Education-breaks-down-Stockton-mans-door
Posted by at

Tuesday, June 7, 2011

IMF Says Loan Program to Portugal Entails ‘Important Risks’


The International Monetary Fund’s 26 billion-euro ($38.1 billion) loan to Portugal “entails important risks,” the agency’s staff said in a report prepared to assess the country’s request for assistance.
The measures attached to the loan “may fail to alleviate sovereign debt concerns, with an adverse impact on government financing prospects,” IMF staff wrote in a May 17 report that was posted on the fund’s website today. “In particular, refinancing risks from the closure or contraction of the Treasury bills market represent a near-term refinancing risk for the government.”

http://www.bloomberg.com/news/2011-06-07/imf-says-loan-program-to-portugal-entails-important-risks-.html  
Posted by at

Monday, June 6, 2011

EES FX adds 2 new indicators

For EES FX Subscribers, 2 new indicators are added.  To get your indicators, sync your Elite Meta Sync software via FTP.  Indicators are:


  • EES Velocity (High-Low/Time)
  • Tick Chart in MT4
To get these indicators, visit http://eesfx.com 
Posted by at

EES announces Trader Incubator program

The EES FX Incubator is designed for traders who want to trade in an ECN environment for the specific purpose of developing their track records for capital allocation, either by EES or our partners.

http://eesfx.com/portal/partners/ees-fx-incubator-program.html
Posted by at

Sunday, June 5, 2011

EU Preparing new aid package for Greece


European Union officials will focus on preparing a new aid package forGreece that includes a “voluntary” role for investors after the EU and the International Monetary Fund approved the fifth installment of Greece’s 110 billion-euro ($161 billion) bailout.
“I expect the euro group to agree to additional financing to be provided to Greece under strict conditionality,” Luxembourg Prime Minister Jean-Claude Juncker said after meeting with Greek Prime Minister George Papandreou in Luxembourg on June 3. “This conditionality will include private-sector involvement on a voluntary basis.”
Papandreou agreed to 78 billion euros in additional austerity measures and asset sales through 2015 to secure the 12 billion-euro bailout payment and meet conditions for receiving an additional rescue package. He agreed to make “significant” cuts in public-sector employment and establish an agency to manage accelerated asset sales, according to a statement released in Athens on June 3. The plan is fueling popular opposition and protests across Greece.
Greek bonds gained on the prospect of a new aid plan, with the yield on the country’s two-year notes falling 172 basis points yesterday to 22.8 percent, the lowest since April 20. The agreements came at the end of a week when Greece’s fiscal crisis worsened enough for Moody’s Investors Service to raise the probability of a default to 50 percent.
Posted by at

Friday, June 3, 2011

Get your Free Email Digital Signature from EES

Posted by at

NFP: Payrolls expanded by 54,000 last month

http://www.bloomberg.com/news/2011-06-03/dollar-declines-against-yen-as-u-s-adds-fewer-jobs-damping-u-s-outlook.html


The dollar extended its decline against the yen after a report showed U.S. employers in May added the fewest number of workers in eight months and unemployment unexpectedly rose to 9.1 percent, increasing concern the U.S. economic recovery is slowing.
Payrolls expanded by 54,000 last month, after a revised 232,000 increase in April, the Labor Department said today in Washington. The jobless rate rose to 9.1 percent. Employment was forecast to grow by 165,000 last month, according to the median estimate of economists surveyed by Bloomberg News.
Posted by at

Thursday, June 2, 2011

US Rating could be placed under review: Moody's

DEBT FEARS: US Rating Could Be Placed Under Review, warns MOODY'S...

Gives lawmakers until mid-July to show progress in talks...


Finally, a logical warning on US credit.
Moody's is out with a comment saying that if there's no imminent progress on the debt ceiling fight, the US credit rating will be cut.
This makes total sense, and we applaud Moody's for doing their job: Identifying an imminent (real) issue, and sensibly advising (ahead of time) about what could be a threat to US debt holders.
This should help put an end to this idea that a technical default would be just fine, and that somehow all this brinksmanship would be good for US credit somehow.
Back in January, we called on Moody's to do exactly this: Threaten a ratings cut as a way of warning about the harmful effects of this fight.
They've done exactly that.


Read more: http://www.businessinsider.com/moodys-warns-on-us-debt-rating-2011-6#ixzz1O9JY6fGm
Posted by at

Wednesday, June 1, 2011

Sweeteners for Greek Debt Extension


European officials preparing Greece’s second bailout in two years may offer bondholders incentives to roll over maturing debt without triggering a credit-rating downgrade that would roil Europe’s banking system, two people with knowledge of the talks said.
Investors may be given preferred status, higher coupon payments or collateral as inducements to buy bonds replacing Greek debt maturing between 2012 and 2014, said the people, who declined to be identified because the talks are in progress.
European leaders are trying to prevent the euro area’s first sovereign default. Last year’s 110 billion-euro ($159 billion) rescue failed to prevent an investor exodus from Greece, saddled with Europe’s highest debt load amid a three- year economic slump. The upgraded package would share costs with investors while skirting a technical default, the people said.
Posted by at

Oil up, jobs down

Posted by at
Subscribe to: Posts (Atom)