TradingSmarts.com - commodity trading rules and currency trading strategy, with expert advice on successful stock market investment strategies.

How To Make A Full-Time Income Trading Less Than Part Time

Big Dogs Exposed

Sound familiar? You have spent years surfing the 'Net, and studying books and charts in search of commodity trading rules, a currency trading strategy, stock market successful trading strategies, or information on how to use commitments of traders data. All you really want is the 'Holy Grail' of entry techniques. You usually end up adding one indicator on top of another, switching from one guru to the next, until you are so confused and unsure of your entry system that you are unable to make entry decisions and stay organized. You get so distracted and frustrated that you quit watching the markets all together!

Shows you how FAST you can make money when the BIG DOGS make their move - by shamelessly copying this winning group . Even I am STILL surprised by how much power they have over ALL markets - not just commodities futures, currencies, and stocks.G

Newsletter: Greenback boom or bust?

This information is provided in support of the TradingSmarts Newsletter, which caters to those traders in search of commodity trading rules, a currency trading strategy, and stock market successful trading strategies. If you haven't yet subscribed, you can do so by going to www.tradingsmarts.com and accepting the invitation when you click away.

Asian Support of the Greenback or Bust: September 25, 2004

US$249 billion of the U.S.’ US$531 billion current account deficit has been purchased mostly by Asian countries, which now have unprecedented foreign reserve holdings of US$2 trillion (Japan has US$767.1 billion, China US$430.2 billion and Taiwan US$225 billion).

Is the buying of massive amounts of U.S. current account debt sustainable? Will the Asian countries suddenly sell off their greenbacks? A global financial catastrophe in the making?

A financial crisis would most certainly cause interest rates to rise. Scary for a country like Canada where the loonie is on the rise. Talking heads peg it at 85 or even 95 cents at some point in the foreseeable future. Bad news, given that Canada’s productivity rate is only 65 or 70 percent that of the U.S.

China is accumulating U.S. dollars to keep its own currency (the Yuan) undervalued. The U.S. is going along with this on the premise that China has huge reserves, and doesn’t need extra cash in the form of higher taxes on U.S. companies.

Japan started intervening in the foreign exchange markets in January, 2003 and then suddenly stopped on March 16, 2004 – presumably because the BoJ ran out of money – and for once was unable to give any surplus to the government.

Bottom line, too many U.S. assets are in foreign hands for the buying to stop or the unloading to begin. And, let us not forget that these Asian countries need the American consumer for the very own survival. So, not to worry just yet.

On the flip side, a buildup in reserves threatens price stability for the American dollar. What might the U.S. do? Well, if history repeats itself, the U.S. could enact another version of the Gramm Rudman Act of 1985, which set targets for eliminating the federal deficit by 1990. Provisions included automatic cuts in domestic and defense spending, if they weren’t made voluntarily. And, the U.S. could move to stop Asian intervention in exchange rates.

What are the implications for the Asian countries in question? Well, there’s the risk of not being diversified into other currencies, and pressure could build in those countries to move away from a dollar-based system.

A very interesting story indeed. Stay tuned.

(Source: Times Colonist)

When it comes to commodity trading rules, a currency trading strategy, or stock market successful trading strategies, you will find a whole lot more in my internationally acclaimed book ...

With a few simple mouse clicks ...

Click here to order now.

"Free" unlimited personal consultation with each purchase

"No-Games, No-Strings" Money Back Guarantee

Over 76% of our customers have been trading four years or more. Almost 24% have been at it for over 20. Even experienced traders know they have more to learn. No matter what market you're in, whether your preference is commodities, currencies, futures, options, stocks, mutual funds, intraday or inter-day, whether you're a beginner who needs a concrete plan or a seasoned trader, or simply looking for information on how to use commitments of traders data, you've come to the right place. Most traders who come to us just want to know how to trade commodities futures, currencies, and stocks against the 'dumb money,' and ...

How To Make A Full-Time Income Trading Less Than Part Time

Have a day job; can't watch the markets; want to trade?
Want to see intraday real-time stock charts for free?
Want to learn how to daytrade in 11 easy steps?
Want to trade without paying commissions?
Want to get paid for your stock picks?
Read on ...

Find out what a blind, three-legged dog with a note tied

around its neck could do, even in a market jumping

up and down like a kangaroo on speed ...

Find out how the "Big Dogs" got rich and what

they are hiding from you ...

Find out what only 10% of traders know ...

Stop trading with your eyes closed ...

WARNING:

DO NOT TRADE UNTIL

YOU READ THE NEXT PAGE!