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Originally Posted by Noor
hahahaha,,, Your funny 
Though your Market perspective is very Well explained now, and must respect you for taking the time and sharing it... Much appreciated.
I guess Iris will be happy when he comes in and see a constructive debate has actually happened on his thread, we kept on getting mostly people bashing it for years now.
Thank you Traderpierre, May I ask you what is the best website you would recommend for such news on Market intervention?? |
Speaking of Iris, where is he lately? I enjoyed his analysis, some of it was exceptional (not to say you guys don't post some exceptional analysis as well of course, even you Currencia!).
People love bashing success, unfortunately I think it goes with the territory.
Resources:
Personally I believe every trader should have access to at least one live financial news channel like CNBC or Bloomberg and have it on in the background. Sátellite feed is really cheap (or free in some countries) and you'll have access to unlimited unbiased news, analysis, interviews, all from respected sources, as well as live coverage of important events like the ECB press conference, rate decisions, Bernanke, Bush (well ok you can mute the sound!), and of course market rumours like intervention and such. The people interviewed are the people who move these markets and unlike stocks there's unlikely to be any ulterior motive in what they say. This is where you'll pick up some valuable insight into how this and other markets operate and how major participants think, it can be a real education. And if you get bored at the weekend there's a regular technical analysis feature on Saturday and Sunday which is quite good.
If you can't get it via sátellite or cable then Bloomberg TV and radio is available (with a slight delay) free on the net
www.bloomberg.com and they've got daily market analysis on there as well. Reuters is another great source of info, this is the link to their currencies page
http://www.reuters.com/finance/currencies
On sites like that you'll pick up all sorts of useful little gems and you know the source is respected as opposed to some of those other websites where you're not sure who is doing the analysis or whose opinion you are reading.
There was an excellent website that used to retransmit live info off a Reuters terminal for something like $50 a month but I think they got busted and got shut down for breaching copyright!
If you want to listen to a trading radio station with live phone-in there's Global
FX Radio
http://www.globalfxradio.com/ which used to be free but I've just seen there's a charge now for some premium service or other, maybe the regular service is still free I'm not sure.
If Moneytec admin got their act together they could promote these things and probably get some decent discounts for Moneytec members, as well as discounts off things like charting packages, books, trading videos, educational courses, even signal services! As it is it's been left to it's own devices by the look of it, with just the lone Sheriff Wayner keeping law and order and the spammers out
(what's up with typing , it blocks it, s-a-t-e-l-l-i-t-e)