***** o0o*****

Currency Trading

Forex Trading

Stock Market Tips and Tricks

Currency Conversion Trading

Stock Trading

Currency Exchange

Foreign Exchange

Dollar Trading

***** o0o*****

CURRENCY NEWS - Trading

Currency News - The British Pound (Sterling) advanced on
Wednesday 23rd July following the minutes being revealed from the
Bank of England's monetary policy committee revealed a surprising
three-way split on how best to advance for the UK interest rates.

The minutes from the Bank of England's July meeting has shown that
Timothy Besley voted for a 25 basis point rise to 5.25% to combat
inflation, while David Blanchflower voted for a cut. Yet the rest of the
committee (7 further members) voted to keep the rate at 5%.

Although nothing has been implemented it shows the tone of the
meeting and suggests a likelihood of possible rises should inflation
stay showing a nominal increase. The market expected a slight drop,
but for the mass of the committee voting for a 'rate hold' suggests
that in future months the expectancy to stay or increase is probable.

This probability that the UK Pound and the UK Monetary Policy,
governed by the Bank of England, could show in the August meeting
to show an increase in Sterling rates.

Economists however are still speculating that the UK rates would,
however, remain on hold, given the fact that forthcoming UK
economic data – including Thursday’s retail sales figures – were likely
to support recent evidence that UK economic momentum was slowing.

Such evidence in confirmation would mean that there maybe too
much haste in chasing the 'pound' currency rates higher.

Nonetheless, the close of the New York exchange saw the pound at
£0.7853 against the euro. The pound also advanced against the
dollar, rising 0.3 per cent to $1.9977, even as the US currency
continued to benefit from comments by US officials on Tuesday.

On the New York Stock Exchange the dollar rallied following a
comment by Hank Paulson, the US Treasury Secretary. He
commented that a strong dollar was very important to US interests.
Although an obvious comment he followed by reassuring investors
that they were forging ahead to implement solutions for the US
mortgage crisis.

Currency - Pounds - Dollars - Euros - were all given a slight boost
following a drop in oil prices on Wednesday 23rd. The dollar rose
against the Yen, Euro and Swiss Franc

***** o0o*****

Winning Strategies for Currency Trading...

Article by: Tony Evans

Currency Trading

Forex Trading

Stock Trading Robot

STOCK TRADING ROBOT...

What I am about to share with you, is a very unusual story.

Unusual... because it is about 2 "geeks", named Michael and Carl. Who developed the first commercially available stock picking "robot". Michael (the programmer) named the robot "Marl".

Above: Carl and Michael Programming "Marl"

Marl came about after Michael developed the famous "Global Alpha" computer stock trading model, while contracted to Goldman Sachs.

A piece of software which most years is responsible for...

$4, 000, 000, 000+ Annual Trading Profit

With this software project completed, Michael looked for a new way to line his pockets. Unfortunately he had signed a Non Compete and NDA agreement with Goldman Sachs, forbidding him to create software which trades derivatives and similar financial instruments (like Global Alpha).

After 3 weeks of being temporarily unemployed, Michael who was very wealthy and very bored... Decided to start a new project.

You' see Goldman Sachs and most other large investment funds are at a major disadvantage. They often manage portfolios of up to $10, 000, 000, 000 (ten billion dollars) - and because of this when they invest in stocks their scope is limited to just a few of the worlds largest firms (Coca-Cola, Google).

This problem is widespread amongst fund managers whom manage large amounts of capital. In fact Warren Buffet (Whom manages $53 billion) has the exact same problem.


How to Find Stocks Which Will Double...

In Your Inbox, in 20 Seconds...

Just enter your name & email address below and I will instantly email you 2 simple rules (you must strictly follow) in order to discover hot and profitable trades which will double within 23 minutes of the market opening...


Michael knew he could take advantage of this. By developing software which can run on any home computer, and manage funds between $100 and $500, 000.

With managing such a small comparative amount, Michael's software could yield much higher returns. In fact it is designed to trade in the volatile penny stock market where stocks can increase 400% in a matter of minutes.

Videos available for further clarification... Follow this link

To advance further in your Currency Trading knowledge... Please click on this link...
CURRENCY TRADING
 

Currency Trading

Forex Trading

Stock Trading Robot

You'll see the stock Marl chose, and watch to the end where Michael shows you what happened the next day...

Michael worked with fund manager Carl Williamson to create the bot. "Marl" works by analysing each stock using "technical analysis". Which means analysing a stocks past price movements to predict the stocks future direction.

Below is an example stock chart. For all it looks like something NASA would be proud of... it is merely showing the stocks changes in price against time.

The various changes in price (when made into a chart) form what traders call "chart patterns" and it is exactly these price patterns Marl is looking for.

When first activated, Marl will use its own database to perform a scan of stocks trading on the OTC and Pink sheet exchanges. During this time Marl is looking for companies whom are forming bullish trading patterns.(stocks about to increase)

Carl helped Michael program the bot to identify (in split second timing) distinct trading patterns from a vast range of 6578, held in Marl's internal database.

If Marl identifies a clean, uncongested chart pattern, that is proven to yield a good risk/reward - Then the stock will be added to Marl's "Watch List". All of these "watched stocks" will be forming bullish patterns (indicating the stock is about to rise).

This watch list has two distinct advantages. The first and most obvious is that Marl can easily monitor hundreds of stocks at the same time. The second is that Marl is programmed on an "evolutionary framework". What this means, is that as Marl is watching hundreds of stock patterns it actually learns the most likely direction of stock prices under thousands of situations.

Because of this. The longer Marl is allowed to run on a computer...

The More Advanced He Becomes!

What's more by scrutinising the miniscule movements in price of hundreds of stocks... Marl becomes familiar... even intimate... With each individual stock.

Developing what professional traders call a "sixth sense". A sort of "feel" for how the stock will behave in any given situation.

While monitoring hundreds of stocks in the watch list... Marl may notice that a stock has been hitting resistance at $0.50 all week (not being able to rise above 50 cents a share). And if the stock breaks that level (meaning there is a good chance it will "breakout" and run much higher) the bot will start analyzing the stock in more detail... looking at its longer term weekly trading pattern and applying its vast range of criteria.

Any stocks that reach this stage have been under close scrutiny and passed a variety of complex tests. Marl will then analyze the charts looking for the best entry point (to buy the stock at) with the lowest risk to potential reward.

The average professional stock trader can analyze one stock chart around every 8-10 seconds... when looking for an opportunity. On the other hand Marl can analyze 7 charts every second.

Videos available for further clarification... Follow this link

To advance further in your Currency Trading knowledge... Please click on this link...
CURRENCY TRADING

Currency Trading

Forex Trading

Stock Trading Robot

Why Does That Matter?

It means that Marl can be extremely selective, waiting until all the correct criteria line up until a trade recommendation is made.

Often Marl will disregard profitable trades... In favour of a potentially more profitable trade occurring at the same time.

After creating Marl to version 1.0... The two input a trading capital of $1000 and set it running. Marl spent 13 hours analysing over 6, 000 small capitalisation firms. After those 13 hours Marl made his first ever stock recommendation...

LPTC.OB Trading at $0.74 Per Share

Carl placed the trade in his online brokerage account with $1000 invested, as the market closed for the night. The following morning (a Tuesday) the stock climbed to $1.05 within the first 3 hours (a 42% increase).

Something ‘magical’ had just happened. In Carl Williamson’s dark, damp basement the first ever profitable stock robot was created.

Computer Science Universities around the country had attempted this feat for years with no avail. They lacked one crucial thing, these students only had a basic grasp of stock trading - Let alone the complex thinking and analysis involved.

Currency Trading

Forex Trading

Stock Trading Robot

Carl Williamson was vital to Marl's success and so on that day. The 16th of January 2007. Michael and Carl signed a legally binding contract. Both swore themselves to "secrecy". No one would know about Marl. Not Carl's trading partners... Not Michael's old Global Alpha colleagues... Not anyone.

Within the next few days Carl and Michael rented a commercial lock-up where their new business was to be stationed. They drove to the nearest PC World and bought 12 brand new laptops.

Back at the lock-up Michael set-up a wireless network and configured each laptop. They spent the first night setting up each laptop v1.1 of Marl the trading robot. Yes you guessed it...

Carl & Michael Were Setting Up A Lockup To House Marl...
Marl Was To Analyse the Markets... 24 Hours a Day!

By setting up Marl on a network, with 12 versions of "himself" running at the same time - His internal database of chart trading patterns was able to grow at a much faster rate.

To advance further in your Currency Trading knowledge... Please click on this link...
CURRENCY TRADING
 

Forex Trading

Currency Exchange

Foreign Currency

Currency Exchange | Foreign Exchange | Exchanging Currency