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Created: 01/30/2006 08:55:22 PM - Followers: 289 - Board type: Free - Posts Today: 0


Trading discipline or lack thereof. Trading discipline is 90 percent of the game. 
The formula is very simple:Trade with discipline and you will succeed;
Trade without discipline and you will fail.

 Weekly Index Charts, Compliments from Stock charts.

The U.S. Dollar.(USD) The United States dollar is the world's main currency - an universal
to evaluate any other currency traded on Forex. All currencies are generally quoted in U.S. dollar
Under conditions of international economic and political unrest, the U.S. dollar is the main safe-
currency, which was proven particularly well during the Southeast Asian crisis of 1997-1998.As it was indicated, the U.S. dollar became the leading currency toward the end of the Second World War along the Breton Woods Accord, as the other currencies were virtually pegged against it. The introduction of the euro in 1999 reduced the dollar's importance only marginally.
The other major currencies traded against the U.S. dollar are the euro, Japanese yen, British
pound, and Swiss franc.                    
U.S. Coin Metal Value Calculator

USD Economic Indicators
The Euro. (EUR)The euro was designed to become the premier currency in trading by simply being
quoted in American terms. Like the U.S. dollar, the euro has a strong international presence
stemming from members of the European Monetary Union. The currency remains plagued by unequal
growth, high unemployment, and government resistance to structural changes. The pair was also weighed
in 1999 and 2000 by outflows from foreign investors, particularly Japanese, who were forced to liquidate
their losing investments in euro-denominated assets. Moreover, European money managers rebalanced
their portfolios and reduced their euro exposure as their needs for hedging currency risk in Europe

EUR  Economic Indicators
The Japanese Yen.(YEN) The Japanese yen is the third most traded currency in the world; it has a
much smaller international presence than the U.S. dollar or the euro. The yen is very liquid around the
world, practically around the clock. The natural demand to trade the yen concentrated mostly among the
Japanese keiretsu, the economic and financial conglomerates. The yen is much more sensitive to the
fortunes of the Nikkei index, the Japanese stock market, and the real estate market.

 YEN Economic Indicators
The British Pound.(GBP) Until the end of World War II, the pound was the currency of reference.
The currency is heavily traded against the euro and the U.S. dollar, but has a spotty presence against other
currencies. Prior to the introduction of the euro, both the pound benefited from any doubts about the
currency convergence. After the introduction of the euro, Bank of England is attempting to bring the high
U.K. rates closer to the lower rates in the euro zone. The pound could join the euro in the early 2000s,
provided that the U.K. referendum is positive.

UK Economic Indicators
The Swiss Franc.(CHF) The Swiss franc is the only currency of a major European country that
belongs neither to the European Monetary Union nor to the G-7 countries. Although the Swiss economy
is relatively small, the Swiss franc is one of the four major currencies, closely resembling the strength
and quality of the Swiss economy and finance. Switzerland has a very close economic relationship with
Germany, and thus to the euro zone. Therefore, in terms of political uncertainty in the East, the Swiss
franc is favored generally over the euro.
Typically, it is believed that the Swiss franc is a stable currency. Actually, from a foreign
exchange point of view, the Swiss franc closely resembles the patterns of the euro, but lacks its liquidity.
As the demand for it exceeds supply, the Swiss franc can be more volatile than the euro.

CHF Economic Indicators
The NEW ZEALAND. DOLLAR(NZD) With the breakdown of the Bretton Woods system in 1971, both Australia and NZ converted the mostly-fixed foreign exchange regimes to a moving peg against the US dollar.In September 1974, Australia moved to a peg against a basket of currencies called the trade weighted index (TWI) in an effort to reduce fluctuations associated with its peg to the US dollar.
The peg to the TWI was changed to a moving peg in November 1976, causing the actual value of the peg to be periodically adjusted.Since the late 1990s, and certainly since the end of the Cold War the US dollar has had less and less overall influence over the value of both the NZD and AUD against other currencies.

NZD Economic Indicators
The CANADIAN. DOLLAR(CAD) On September 28, 2007, the Canadian dollar closed above the U.S. dollar for the first time in 30 years, at US$1.0052. On November 7, 2007, it hit US$1.1024 during trading, a modern-day high after China announced it would diversify its US$1.43 trillion foreign exchange reserve away from the U.S. dollar. By November 30, however, the Canadian dollar was once again at par with the U.S. dollar, and on December 4, the dollar had retreated back to US$0.98, through a cut in interest rates made by the Bank of Canada due to concerns about exports to the U.S. (The dollar has been as high as US$2.78, reached on 11 July 1864 after the United States had temporarily abandoned the gold standard.)
Due to its soaring value and new record highs, the Canadian dollar was named the Canadian Newsmaker of the Year for 2007 by the Canadian edition of Time magazine

CAD Economic Indicators
The AUSTRAILIAN. DOLLAR(AUD) Currently the sixth-most-traded currency in the world foreign exchange markets behind the US dollar, the euro, the yen, the pound sterling, and the Swiss franc, accounting for over 6% of worldwide foreign-exchange transactions. The Australian dollar is popular with currency traders due to comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle.

AUD Economic Indicators

USA Mortgage Delinquency Rate 90+ Days

Central Bank Rates

AUD 4.75%
NZD 3.00%
CAD 1.00%
EUR 1.00%
GBP 0.50%
CHF 0.25%
USD <0.25%
JPY <0.10%  


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Looked at shorting ruble... too late. It's turned Zorax 04/12/2022 03:03:31 PM
It looks like it's holding somewhat at 1pm today. Zorax 02/28/2022 07:26:23 PM
I believe it's spelled "Rubble" now. Capitalist 02/28/2022 07:06:13 PM
Is it too late to go short on ruble? Zorax 02/28/2022 12:28:32 AM
Commingled Fund pattern 01/14/2022 05:12:41 PM
Just popping in with a quick announcement. Capitalist 08/07/2021 07:50:05 PM
#42544 RE: Our earlier discussion on the Turkish Lira Capitalist 06/01/2021 07:16:30 PM
#42543 Canada had a fairly good news week last Capitalist 05/06/2021 10:18:28 PM
#42542 Hello cAt! Capitalist 05/06/2021 10:08:52 PM
#42541 Cap, whats going on with the Canadian dollar? Ataglance2 05/06/2021 06:05:36 PM
#42540 subscription ... Ataglance2 05/06/2021 09:11:20 AM
#42539 I see the message in my mailbox, but Capitalist 05/05/2021 08:52:51 PM
#42538 look at the mack d on the Ataglance2 05/05/2021 05:27:26 PM
#42537 Boy,..euro's been clinging to support at 1.20 for Ataglance2 05/05/2021 05:22:33 PM
#42536 Wow, I use mainly Fundies to pick trades Capitalist 05/04/2021 09:23:21 PM
#42535 Thanks! And where did you get that Capitalist 05/04/2021 09:18:01 PM
#42534 Cap, see if my script went through.. Ataglance2 05/04/2021 11:45:14 AM
#42533 Ataglance2 05/04/2021 10:04:21 AM
#42532 Ive been reading through your site..alot of stuff. Ataglance2 05/04/2021 09:59:54 AM
#42531 Yes, Trading Economics is great. I check Capitalist 05/03/2021 07:00:13 PM
#42530 It hasn't really been carry trading season since Capitalist 05/03/2021 06:54:53 PM
#42529 int Ataglance2 05/03/2021 12:53:32 PM
#42528 so far so Ataglance2 05/03/2021 11:51:34 AM
#42527 Im starting to realize that the interest rates Ataglance2 05/03/2021 11:08:04 AM
#42526 I jumped in at 120.72 short on demo Ataglance2 05/03/2021 11:02:32 AM
#42525 good info ,thanks Cap.. Ataglance2 05/03/2021 11:00:17 AM
#42524 Concur, based on fundies as well. FX Capitalist 05/02/2021 10:11:07 PM
#42523 Warning Warning! Capitalist 05/02/2021 10:01:58 PM
#42522 Big Banks Part Two Ataglance2 05/01/2021 07:24:12 PM
#42521 looks like the euro fits with this video,here Ataglance2 05/01/2021 07:20:21 PM
#42520 Video Ataglance2 05/01/2021 06:23:36 PM
#42519 WORLD INTEREST RATES[ Ataglance2 05/01/2021 05:36:13 PM
#42518 Placed on my YT watchlist. Should be Capitalist 04/30/2021 09:11:14 PM
#42517 Know your enemy... Ataglance2 04/30/2021 08:06:26 AM
#42514 Good talking with you..G'night. Ataglance2 04/29/2021 10:51:10 PM
#42513 K, I'm out for a late dinner then Capitalist 04/29/2021 10:49:08 PM
#42512 I actually do have an account with Ameritrade Capitalist 04/29/2021 10:42:34 PM
#42511 ya,I figured that out,but .......I just figured it Ataglance2 04/29/2021 10:42:33 PM
#42509 I saw that on YouTube. I responded Capitalist 04/29/2021 10:38:02 PM
#42508 When you're writing the post, there's a set Capitalist 04/29/2021 10:37:16 PM
#42507 Yes, you did lol. I can't reply Capitalist 04/29/2021 10:33:06 PM
#42506 guess I should change that Ben picture as Ataglance2 04/29/2021 10:31:22 PM
#42505 I went and checked out your utube vid..posted Ataglance2 04/29/2021 10:29:50 PM
#42503 Ataglance2 04/29/2021 10:19:20 PM
#42502 forgot how to reply..think I sent the reply's Ataglance2 04/29/2021 10:18:22 PM
#42501 I saw your PM, but my membership reverted Capitalist 04/29/2021 10:09:29 PM
#42500 Welcome back! Hope you've been well. Capitalist 04/29/2021 09:59:28 PM
#42499 Meow back! Capitalist 04/29/2021 09:55:13 PM
#42498 I see some of the links need work.... Ataglance2 04/29/2021 09:29:40 PM
#42497 When we started this board,Everybody was new to Ataglance2 04/29/2021 09:13:43 PM
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