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CashBackForex - Often Imitated, Never Duplicated!
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Forex Articles
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CFTC COT Currency Report-Big Buying in the Euro-June 11 2013
By Ralph Shell | 6:43 AM Jun 15 2013 | 129 Views | 0 Comments | 
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There was big buying in the euro which resulted in the spec euro short position being reduced to only 25.1K. This is a big reduction from the short position of the last two weeks which was 101K and 110K. There were also sizable reductions in the...
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Will Italy Revolt Against Northern Europe's Austerity?
By Ralph Shell | 1:29 PM Jun 13 2013 | 147 Views | 0 Comments | 
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Rates at this week's Italian debt auction have started to climb. This week they sold €3.4B of 2016 maturity bonds at 2.38%, up from 1.92% at the last auction in May. This might sound like fairly cheap money but it should be remembered the Italians are rolling over long-term debt wit...
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Using Volume and Open Interest to Find Trades
By Ralph Shell | 11:19 AM Jun 12 2013 | 206 Views | 0 Comments |
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As we approach the end of the quarterly trading activity in the foreign exchange futures markets, the trade usually picks up. Part of this trade involves the spreading from the current to the next contract, in this case from June to September. This spreading, or rolling of the position f...
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Current Demo Trading Contest 7 Days
By Cash Back Forex | 1:57 PM Jun 11 2013 | 114 Views | 0 Comments |
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The zero-risk trading contest using demo accounts and competing for $3,500USD in cash prize among 6 winners has just one week left to run: http://www.forexrazor.com/en-us/trading-contests/ContestRules.aspx?Id=238e696c-7767-4871-a4f9-f6aa7ec070d1
The current contest ends Tuesday, 18 June 2013 at ...
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Can the Euro Rally Continue?
By Ralph Shell | 10:15 AM Jun 11 2013 | 180 Views | 0 Comments | 
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June has been a good month for the euro and the bulls keep taking money from the bears. To date, the EURUSD (FXE) has been moved up around 300 pips. The daily chart suggests there may be more.
Europe's economic malaise had attracted an abundance of sellers in the euro, with concern t...
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Forex Markets Looking Foward-NFP has Little Impact
By Ralph Shell | 10:54 AM Jun 07 2013 | 215 Views | 0 Comments | 
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Friday's NFP report came in better than expected - 175K new jobs in May - although there was a reduction in the April number. US equity markets were impressed, and the Dow closed over 200 higher. The theory that good employment news would cause the Fed to come closer to the day when they...
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Trading a High Impact Event
By Ralph Shell | 10:00 AM Jun 06 2013 | 319 Views | 0 Comments |
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Trading a high impact event can be scintillating, should you be on the right side of the market, or, if you are not so lucky, it can be as painful as a dentist dealing with your impacted tooth. With the possibility of a wild market, caused by the unpredictable events of the day, do you really ...
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New Trading Contest, 2 New Features, 1 Great Update
By Cash Back Forex | 5:31 AM Jun 04 2013 | 194 Views | 0 Comments | 
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Wow, lots of industry news lately, Metaquotes is playing hardball with third party players, today announcing the banning of Zulutrade, Myfxbook, Tradency, Tradeo etc. which in some cases happened weeks ago but is just now being announced by Metaquotes. On one hand, you DO have to have proper c...
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Do Frau Merkel and Friends have a New Economic Plan?
By Ralph Shell | 10:18 AM May 29 2013 | 386 Views | 2 Comments |
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For months countries in the Southern Euro Zone have been complaining about the German recovery plan. Austerity, combined with reforms to make the public sector more efficient has been a failure where ever tried. Perhaps there will ultimately be a competitive revival, but the price is ver...
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Take What the Market Gives You
By Ralph Shell | 10:58 AM May 28 2013 | 313 Views | 0 Comments | 
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After a listless trade yesterday, with the British and US markets on holiday, the forex markets came back to life today. Once again, the Japanese market set the tone. PM Abe claimed there were additional tools at the disposal of the BOJ that can be used to kick the deflation habit; this ...
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USD Buying Surges to Record High - CFTC COT Report - 21 May 2013
By Ralph Shell | 10:10 AM May 26 2013 | 400 Views | 0 Comments |
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There has been a surge in selling other major currencies. As a consequence with the flip side of these trades being a long USD, the futures long in the USD has climbed to a recent record high. That total, 520,358 total contracts, is up from abou...
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Weekly Forex Review-What Next?
By Ralph Shell | 10:54 AM May 24 2013 | 505 Views | 0 Comments |
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The euro has staged a minor rally this week versus the USD. The market is trapped, momentarily, within the 1.28/30 area. There was a period of euro strength when the prepared text of Bernanke's speech said the current level of QE would continue until there was solid evidence of recovery....
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Is the Bear Move in the Yen Ending?
By Ralph Shell | 10:47 AM May 23 2013 | 368 Views | 0 Comments | 
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It looks like the Fed's debate about tapering has a long tail. Just mention the word 'taper' and it seems some asset class is going to contract. Last night it was the Japanese Nikkei 225 that sold off over 7%; this gave the equity bears some momentum. European markets were down 2 t...
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Winners Announced – Demo Account Forex Trading Contest April 2013
By Cash Back Forex | 12:24 PM May 22 2013 | 587 Views | 0 Comments |
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Well, after hours of 'grading' the latest trading contest I can now see why other contests around the web do nothing to moderate their contests. It's less work, with the same or even better marketing, traffic, etc. but still we stand firm that the Razor contests will be a unique place where ev...
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Bernanke Comments Boost the USD - Hurt the Euro
By Ralph Shell | 10:34 AM May 22 2013 | 469 Views | 0 Comments |
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The forex markets are jittery today as Fed Chairman Bernanke confesses to what he might or might not do. Some, who apparently had access to the prepared text of his testimony, reported there would be no tapering off of the current rate of money addition of $85B per month.
Premature tighteni...
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Identify the Market and Trade Accordingly
By Ralph Shell | 10:09 AM May 21 2013 | 411 Views | 0 Comments |
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What do we mean when we request you 'identify the market'? Well, some markets seem to aimlessly meander like a river flowing over flat land, as it's waters move out to sea. Other markets streak, either up or down - there is no question which way they are headed. The only issue is h...
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Are We Close to Selling the USD?
By Ralph Shell | 10:23 AM May 17 2013 | 376 Views | 0 Comments |
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It has been a great week for the USD as it gained against all the majors. The New Zealand Dollar was the last market where the futures traders were long. Early in the week, the kiwi bought .8316 cents per USD, but by the end of the week it was down under the 81 handle. Should the w...
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Shortcuts and Syndication
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Author Bios
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Ralph Shell: Ralph did his graduate studies in economics and history at Duke University. He has ten years experience trading cash commodities in domestic and export markets and is a former commodity analyst with Merrill Lynch in Chicago. He was a member of and floor trader at the Chicago Board of Trade for 18 years.
Forex Captain: The Forex Captain has been a strategy developer and forex trader since 1998. From 2002 till 2009 he ran a successful managed account based on his tradestation coded strategies at FXCM. In 2007 his managed fund was ranked in BarclayHedge Rankings as one of the Top 10 Currency Traders managing less than $10M & more than $1M. Since 2009 he has been developing Expert Advisors in MQL4 for private trading, and from June 2010 he has joined the Project Triumph team as a currency analyst and project manager.
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High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. This website is neither a solicitation nor an offer to Buy or Sell currencies, futures, or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Website owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.
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