Are we back to Fibonacci retracements for answers?
Commodities
Gold came back to close up to 50% of the ground loss since Monday, overnight. Looking at the chart we decided to review the crazed sell off as a retracement and were inclined to pull out an old friend Mr.
World’s Financial markets in shambles, again?
The US “Super Committee” has put forth their decision regarding the US deficit reduction in Congress yesterday. The result was indecisive and no one particular conclusion could be made apart from agreeing to disagree.
EURO takes a nosedive; Gold in EUR terms is where we are at
As explained in yesterday’s post, the EURO zone is in shambles and whether or not the political change will affect the current bearish sentiment and bias is yet to be known.
EURO Zone stabilizing? Berlusconi exits and Mario Monti steps in
Political change brings new outlook for the Italian economy and comes at a good time for the Euro zone as global confidence remains undecided for the single currency.
Calculating the value of your rebate
This is an overview of how to calculate the value of your rebate based upon the lot size, the volume of the trade and the value according to spread.
Rebates are quoted in either percentage value or in pips.
