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Commodity Investors Drive Oil
2008-06-06 18:00:00
Here is another good read for all that missed it. As we know, all things affect the currency market. Forex is a profession of knowledge, more knowledge=better trader.Commodity Fund Investors Help Drive Oil Prices HigherBy Adam Shell, USA TODAY NEW YORK ? The list of culprits to blame for $4 gas and $125 oil keeps getting longer. Oil-thirsty China and India get most of the blame. The declining U.S. dollar, tight supplies, geopolitics and hurricanes also are on the villains list. Last week, the Commodity Futures Trading Commission (CFTC) alleged that market "manipulators" may be partly responsible for the spike in crude oil and that an investigation is underway. The latest scapegoat: institutional investors that are pouring billions into index funds pegged to a broad basket of commodities, including crude oil, exacerbating the price gains. Tuesday, financier George Soros told Congress that commodity index funds contributed to the oil "bubble" and caused "harmful economic consequen...

Oil Prices-Good Read
2008-06-06 17:57:00
This is a good read from fortune regarding the oil price spike.Arguments that $4-a-gallon gas (or even higher) is here to stay are dead wrong. Housing's boom-and-bust cycle tells you why.By Shawn Tully, editor at largeNEW YORK (Fortune) -- High-flying tech stocks crashed. The roaring housing market crumbled. And oil, rest assured, will follow the same path down.Not everyone agrees. In an echo of our most recent market frenzies, some experts pronounce that the "world has changed," and that the demand spikes, supply disruptions, and government bungling we face now will saddle us with a future of $4, $5 or even $10 a gallon gasoline.But if you stick to basic economics, it's clear that the only question is when - not if - prices will succumb.The oil bulls are correct in their explanations of why prices have jumped. It's indisputable that worldwide demand has surged, chiefly driven by strong growth in China, India and the Middle East. It's also true that most of the world's reserves...
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Numbers suck!
2008-05-16 00:42:00
It seems a weak greenback is not helping the manufacturing sector too much. The numbers came in today and they are not very good: Industrial production down 0.7% in April, manufacturing activity in the New York region has gone into the big fat negative territory. The Philly Fed Index improved to -15.6 but really where was it going to go after posting -24.9 previously. The housing market continues its free fall. What should the forex trader read in to all of this?The dollar strength we have been seeing lately should abate. I would expect the dollar to give back most of its gains as we head into summer. The great thing about trading forex is our ability to be somewhat insulated from the economy. The currencies are going to fluctuate regardless of the state of any economy. Actually this helps the fx trader as it is easier to catch a nice wave and line your pockets. Enjoy the ride!
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They Did!
2008-05-09 21:27:00
Of course they did. We're talking about the Feds here. There may be a light at the end of the tunnel though as Mr. B did change his rhetoric slightly and hinted that the easing of interest rates may be ending. Not to sure if I believe that as the big bubble may break soon. What bubble are we talking about? Stay tuned for some very interesting info regarding the bubble that is about to burst and make whats happened recently look very mild!What's all this have to do with forex for profits? As most all you know I no longer post trades on this blog as I believe it is better to teach would be traders a bit about forex. The only way to be successful in this business is to learn. In the long run this what makes a successful trader, this is the difference between success and failure in the currency markets. A good understanding of the fundamentals behind currency trading and the forex markets makes for a better trader. Plus I like to vent about the inadequate US Fed strategies, ...

Should They.....
2008-04-30 02:29:00
Should they or shouldn't they....lower the interest rate. Of course I'm talking about the wonderful Feds. We all know what they are going to do. They will lower again. As they are consistently out of touch with the real world I am quite sure they will lower rates, the dollar will continue to weaken, oil will continue to rise, and the American people will suffer. What should they do? Surprise everyone and raise the rates! Think of the shock this would cause. Oil would plummet, the dollar would strengthen, and it may just help check the rampant inflation and get America back on its feet.Don't be fooled by the bogus inflation numbers. Inflation in the states is out of control. When the price of eggs is up over 30% that tells me inflation is rampant. Tomorrow I will fill everyone in on the falsehoods that are the inflation numbers, but hell, you don't need me to break it down, your wallets and bank accounts are telling you already!

Weak Dollar Good....
2008-04-23 01:09:00
Is the weak dollar good? For international business it's great. Take a look at some of the companies that have posted better than expected numbers this month. What's the one thing that ties them all together? They do a lot of business outside the country. The weak dollar is a huge benefit for them. This is the same reason that European and British businesses are complaining about the strength of their respective currencies. Strong currencies make their goods more expensive, weak currency makes US goods and business cheaper. As with everything in this world, its a catch twenty-two, what is good for some is bad for others. The weak dollar is certainly tough for the American people as a weak greenback is a primary reason for the high price of oil which has made gasoline a bit more expensive than the Americans are used to paying. It's a tangled web we all weave now isn't it!
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G7
2008-04-15 17:43:00
Changes in the G7 language regarding the volatility in the currency market, stability of financial markets, and the global economy were not enough to sustain a USD rally. The US dollar strengthened against the other majors but it was short lived.What is the reason for this? Though the G7 changed the language, the markets believe there's not much behind the words. The G7 called for more investment bank self-regulation and higher capital requirements for banks. Of course the banks balked. We are now pretty much back where we started with the majors.Not a problem, easy money with currencies filling gap from the weekend. Keep it simple stupid. K.I.S.S. that is the key to forex, and one of my favorite bands. Happy trading!

More.......
2008-04-09 03:49:00
The government can implement all the rules and regulations it deems necessary but the bottom line is the people must change their ways. We Americans are way over extended. We have used credit upon credit to buy our new flat screens, to secure mortgages that are way over our budget, to drive the newest luxury suv's. Americans have forgotten the most important lesson-Live within your means!We can blame the lenders all we want but the bottom line is we the people have created this mess.

So It Is!
2008-04-06 05:18:00
So it is. Bernanke, in typical Fed speak, has mentioned "recession". What does this mean? Not much really. The US economy has been slow for quite sometime. Unemployment has topped 5% and growth has been stagnant for quite sometime. Is the world going to end? No. Most economists figure that the feds will continue to lower rates, some thinking they may keep lowering into 2009. Most all agree that the economy will start to pick up in the 2nd half-3rd quarter of 08'.What does all this mean for the poor dollar? Lots of volatility, excellent trading opportunities, and an interesting time to watch the buzzards on Wall Street. As I have said numerous times, the buzzards feed of this and induce panic, making a self-fulfilling prophecy. The Bear Stearn mess was the perfect example of this.Washington, in all their wisdom, thinks that thay can fix this mess. I am not so sure a few more regulations and restrictions will make much difference as I think the problem is much more invol...

Mortgage Mess
2008-03-29 00:18:00
It is very disturbing to me that the government wants to use my hard earned money to bail out irresponsible homeowners. Don't get me wrong I don't want to see anyone lose their home but come on. What happened to people being responsible for their own decisions? Would I like to live in a bigger home? Sure would, everybody would. The problem I have is many purchased homes that even my dog could have figured out they couldn't afford. Sorry idiots you should have known that when you make $30,000 a year you couldn't realistically afford a $300,000 home. It's not rocket science folks, we shouldn't bear the brunt of stupidity.The gov bailing out Bear Stearns was a different story. Yes they are idiots also but to prevent a collapse of the financial system in this country, it had to be done. I'm not happy about it but being involved in what we're involved in, we should understand the ramifications if the idiots at Bear Stearn were allowed to collapse.Gov-Stop bailing out idio...
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The Correction?
2008-03-10 02:05:00
Recession or not? It really doesn't matter. Whatever you call it, it is in fact a nice correction to the economy. No economy can expect to have continuous growth quarter after quarter after quarter. It is a correction that in my mind is much needed.People have been living way over their means for quite some time. Who doesn't know somebody that is or was in a house that you knew they shouldn't be able to afford?It is inevitable that the market corrects. Whether it be housing, stocks, forex, the market must always correct itself. In essence, the market is resetting itself. Will there be pains? Most certainly . Is it the end of the world? Not hardly. Buckle down, it will be a bumpy ride.We are close to the launch of a new cheaper version of The FXGrail. Will it be as powerful as the original? No, the original is the complete program that I trade. It will however be a very powerful method/module that will make a lot of people a lot of pips. It's a scaled down version...

Time To Roll
2008-02-28 00:07:00
It has been an interesting start to the new year. The buck continues to get hammered as the US economy sputters around. March should be very interesting as many pairs sit at or near all time hi/lo's. Will the dollar make a comeback? Should be a fun ride.
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Nice Set-Ups
2008-01-28 01:57:00
We are looking at some great potential trades tonight. Eur/Usd, Eur/Cad, Eur/Aud, Usd/Cad, all look like they may give up some pips. What is our mantra-Patience, the trades always come.Grail members don't forget to check "The Round Table", charts are there now.
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2008
2008-01-04 19:33:00
The FXGrail really took off in 2007. It was a very good year for all grail traders. Some of the results were absolutely incredible. We would like to thank everyone for the success in 2007. Lets make 2008 even better (some of you are already off to an excellent start)!

Crazy
2007-12-21 21:54:00
The success of The FXGrail has been tremendous. With the holidays here we would like to take this time to thank everyone for helping make 2007 such a success.As we venture into the new year we hope to continue the momentum you all have given us. We hope to expand the forum as we expand our trader base. We will be firing up the subscription service once again and we will devote a little more attention to the affiliate program. We will be taking the forex world by storm.Happy Holidays,BThe FXGrail
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Milestone!
2007-11-14 21:57:00
The forum is up and running. Anyone can join, however, some topics are off limits unless you are a grail trader.We have also started our Affiliate Program. Anyone can become an FXGrail Affiliate. This is a great way to earn extra dough for christmas, your trading, bills, etc. Each sale is worth $70.00 and their is a bonus of $100 for every ten sales. Simply put, sell 10 get $800. Not to shabby.Check out the website here.Interested in becoming an Affiliate Click Here.
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Interesting Theory
2007-11-12 22:48:00
I don't know how many of you follow the stock market but I thought this was quite interesting, As a forex trader it affects us also. Have a read, this is from the USA Today.By Adam Shell, USA TODAY NEW YORK ? In a sign the credit crisis could spell lasting trouble for the stock market, one of Wall Street's oldest tools used to divine the longer-term direction of stock prices is flashing a warning signal. Dow Theo ry , a market-trend forecasting system developed in the late 19th century by Wall Street Journal editor Charles Dow, is close to signaling that the primary trend of the market ? which has been up for five years ? is down, or bearish. "The market is at a big inflection point," says Chuck Carlson, contributing editor of Dow Theory Forecasts newsletter. According to Dow Theory, if the Dow industrial average (made up of companies that make goods) and the Dow transportation average (made up of companies that ship goods) both breach significant market levels, it confirms a tren...
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The Dollar
2007-11-06 18:18:00
It's amazing actually the beating the dollar has been taking. Funny thing happening, the dollar is getting beat down by currencies that are fundamentally not much better off. 2008 should be an interesting year.
More About: Dollar , Doll

Website
2007-11-05 23:17:00
The website is very close to full launch. We have been very busy as of late. We have taken on quite a few new traders over the last month.The forum will be launched this week, I believe it will be instrumental to The FXGrail traders. We are also very close to launching The FXGrail affiliate program. We will be paying up to $60 per sale. This is a great way to build your trading capital. We would like to take this time to thank all of you for making The FXGrail such a success. Go ahead and check out the website, some functions are not yet available.The FXGrail
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Results, etc.
2007-09-24 18:43:00
Here is a rundown for the last month or so, complete with drawdown info, etc.2007.08.22 02:14buy1.00eurusd1.34562007.08.22 20:061.3528720.00 2007.08.22 02:16buy1.00gbpjpy226.412007.08.22 20:06228.752 035.85 2007.08.22 02:16buy1.00eurjpy153.782007.08.22 20:06155.481 479.04 2007.08.22 02:17buy1.00gbpusd1.98132007.08.22 20:061.9903900.00 2007.08.22 02:17buy1.00usdjpy114.302007.08.22 20:06114.94556.81 2007.09.06 14:42buy1.00gbpjpy232.272007.09.06 21:31233.19797.84 2007.09.06 14:42sell1.00gbpjpy232.202007.09.07 17:00231.26824.34 2007.09.06 21:32sell1.00gbpusd2.02242007.09.17 03:392.00721 520.00 2007.09.07 01:29sell1.00eurjpy157.972007.09.07 17:00157.07789.13 2007.09.19 07:18sell1.00gbpusd2.01212007.09.19 17:371.99761 450.00 2007.09.19 07:19sell1.00eurusd1.39762007.09.19 17:381.3954220.00 2007.09.19 07:22buy1.00usdcad1.00982007.09.19 17:381.0163639.57 2007.09.19 23:51sell1.00eurgbp0.69752007.09.24 18:110.6966181.99 2007.09.21 21:04buy1.00usdcad0.99992007.09.24 18:111.0015159.76 2007.09.24...
More About: Results

More Pips
2007-09-19 19:04:00
Here are some results from yesterday:2007.09.19 07:18 sell 1.00gbpusd 2.0121 2007.09.19 17:37 1.9976 1450.002007.09.19 07:19 sell 1.00eurusd 1.3976 2007.09.19 17:38 1.3954 220.002007.09.19 07:22 buy1.00usdcad 1.0098 2007.09.19 17:38 1.0163 639.57 2 309.75 CLOSED P/L: 2 309.75Not bad considering we have a few more open trades already locked in.Until next time, happy trading.

What The Hell Are You Waiting For?
2007-09-08 05:21:00
I am remiss to say-"What The Hell Are You Wait ing For?"Days like today are very hard to resist. For some it was Black Friday. Many accounts were ruined today. Many traders will be starting over again Monday. For some it was as if they hit the lottery. Days like today are why we trade.Which one were you? Were you lucky? Did you jump in blind and hope for the best? Be honest with yourself. Can you do it again, and again, and again (and I don't mean blow your account)?keep reading.....

What The Hell Are You Waiting For?
2007-09-08 05:19:00
cont......The "news" is just a catalyst for movement in the market. It doesn't matter to me what it is, I'll make pips regardless.If you didn't make at least 1000 pips today then you may want to rethink your strategy, retool your system. The pips are there for the taking people.Are you getting yours?
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What The Hell Are You Waiting For?
2007-09-08 05:19:00
cont....I was working in the yard, putting up a batting cage (wanna help-lot of work). So how did I do? I am sure you already know the answer. I had my trades set last night and didn't pay them no mind until 3:00 pm est. Was I surprised when I checked? No! I don't trade the news, I trade a system.keep reading....
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Incredible!
2007-08-28 05:24:00
Here is just a quick tidbit for you all from The FXGrail. It was another outstanding week. Only one more week left on the discount being offered. Stop wasting your time. The FXGrail has been proven right here on these pages. Who else has done that? Below are a couple of trades from August 22, 2007. Nice little profit. We ended up entering the same positions again and making another nice chunk of pips.110467632007.08.22 02:14buy1.00eurusd1.34560.00000.00002007. 08.22 20:061.35280.000.000.00720.00 110468382007.08.22 02:16buy1.00gbpjpy226.41228.540.002007.08 .22 20:06228.750.000.000.002 035.85 110468462007.08.22 02:16buy1.00eurjpy153.78155.240.002007.08 .22 20:06155.480.000.000.001 479.04 110468522007.08.22 02:17buy1.00gbpusd1.98131.98790.00002007. 08.22 20:061.99030.000.000.00900.00 110468642007.08.22 02:17buy1.00usdjpy114.300.000.002007.08.2 2 20:06114.940.000.000.00556.81
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WOW!
2007-08-18 04:46:00
Who got in on the huge carry trade unwind. We at the grail called it Monday. Huge amount of pips. We will not even tell you how many. You wouldn't believe it anyway. The FXGrail nailed it right on the head. It has been an incredible week. Don't fret if you missed out. The beauty of this market is their will always be another chance.We are now ready to offer the complete FXGrail system. This is huge news! The ability to harness The FXGrail will be instrumental in your currency trading career.For the next 2 weeks we are knocking $200 of the price of the complete FXGrail system. That is a 50% discount on one of the most powerful trading packages ever offered. For 2 weeks get this incredible package for $199. That's it. Nothing more to pay ever.If your ready to start making pips, if your ready to get your trading career started, than make the one purchase that can make a difference. Get The FXGrail Now!

crazy
2007-06-13 01:35:00
Just as the title says, things are crazy at The FXGrail. We are very busy making pips. Last week was another big week over +500 pips, and it should have been much more. We got greedy on the EUR/CAD and let over 300 pips slip by, a mistake we shall not make again. The FXGrail complete system will be available in the very near future. We will no longer be selling subscriptions as it is time to unleash this powerful system on the public. Pips for everyone! Stay tuned for further updates.
More About: Crazy

been awhile
2007-05-11 00:38:00
Hey all, it's been awhile since I've posted. Things have been quite busy (and profitable) at The FXGrail. We had a few bumps in the road, but we are cruising now. Today alone we have banked over 600 pips and we have 5 trades still open and in profit.We have tweaked the grail a bit. We are real close to offering the complete system. We will still offer the subscription service and will be adding The FXGrail I and The FXGrail II-The Quest. The FXGrail I system is very profitable and easy. If you're looking for a set and forget system, this is it. Consistently making pips every day, we believe anybody can trade this system.The FXGrail II-The Quest includes system I and The FXGrail. By combining both systems, it is virtually impossible not to make pips. We believe this is the ultimate forex trading system. The combined systems create an environment were pips are made regardless of the market. Trending, choppy, it doesn't matter with The FXGrail II-The Quest. The Quest is...

Subscribe now!
2007-04-19 03:09:00
It's renewal time at The FXGrail. The market finally has direction again, the grail is rolling along, piling up pips. Don't miss out on a single day of The FXGrail. Subs cribe now @ http://www.thefxgrail.com. Good things are happening @ The FXGrail, be a part of it. Paid subscribers banked over +400 pips already this week. Trades from this week already closed out for profit: EUR/JPY, EUR/GBP, EUR/AUD, GBP/USD, CAD/JPY, and AUD/JPY. Subscribe today, do not miss another grail trade. There are pips to be made.Website and forum are almost complete. Things are exploding at the grail, don't miss out.http://www.thefxgrail.comA paypal account is no longer needed, subscribe now.
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Still going
2007-04-04 03:11:00
It has been an incredible 2 weeks trading The FXGrail. Huge trade on GBP/USD making a ton of pips. Over 150 pips already this week with several more in profit. We are rolling right along, continuing to bank pips on a daily basis.Website will be launched soon. Sorry it's taking so long. Making pips is getting in the way, nice problem to have. I am working on a different payment solution. It should be available soon. For those of you unable to use paypal, e-gold is the only other option for the time being. I am trying hard to remedy this situation.Get a subscription to The FXGrail, witness the power of the grail in realtime, see the management of the grail trades as they happen. Watch the grail make boatloads of pips. continuous pips the grail way!
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