Falling Employment in USA
US Employment
The Fed’s Beige Book revealed the pace of economic decline had moderated or stabilized at a low level in most districts adding that the manufacturing sector remained subdued but slightly more positive than in the past. The Fed said there was still slack in the labor markets, with most sectors reducing jobs or holding steady and net employment falling.
If the recovery does, in fact, turn out to be lackluster, the unemployment rate is likely to remain elevated and capacity utilization rates unusually low in the near-term.
NY Fed President Dudley
The balance of risks is still tilted toward weakness in growth and employment and not toward higher inflation
Reference Source: ForexNews
US Dollar Rupiah and Indonesian Bombing
July 17 (Bloomberg)
US Dollar Rupiah and Indonesian Bombing
The bombing triggered a brief flight to safety into the dollar and the yen in Asian trading. The Indonesian rupiah weakened 0.5 percent to 10,175 per dollar, after dropping as much as 1 percent, the most since June 23 as bombs exploded at the Ritz Carlton and the JW Marriott hotels in the Jakarta, killing eight people and injuring at least 53 others.
The rupiah then pared its losses, trading at 10,163. The Bank of Indonesia may “have intervened” in the currency markets today to limit its losses, currency strategists at Credit Suisse Group AG said in a report today.
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Fapturbo Evolution,Forex Trading Robot
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July 15 (Bloomberg) – U.S. Treasury Secretary Timothy Geithner said in an interview with Al-Arabiya television that the administration of President Barack Obama favors a strong dollar and expressed confidence the greenback will remain the main reserve currency.
The yen and dollar weakened against most of their major counterparts as global stocks rose on speculation more corporate earnings will beat expectations, damping demand for the safest assets.
The Yen slid for a third day against the euro after Intel Corp.’s revenue forecast exceeded analysts’ estimates following better-than-expected earnings yesterday from Goldman Sachs Group Inc. and Johnson & Johnson. The Canadian dollar rose to a one-month high against the greenback after crude oil and other commodities rose. As the Chinese were becoming more vocal in regard to the need to move away from the U.S. dollar, they were in actual fact buying more dollars than ever to keep their own currency stable Wrote Derek Halpenny, European head of global currency research at Bank of Tokyo-Mitsubishi UFJ Ltd. in London, in a research note today.
The Pound
The pound rose as much as 1 percent to $1.6467, the highest level since July 2, as a U.K. report on jobless claims last month indicated the worst of the recession may be over.
Chinese Holdings
The foreign-exchange reserves of China topped $2 trillion for the first time in a sign of the difficulty the nation faces in finding places to invest. The reserves rose a record $178 billion in the second quarter to $2.132 trillion, the People’s Bank of China said on its Web site. That compares with a $7.7 billion gain in the previous three-month period.
Premier Wen Jiabao said in March that China was “worried” about its holdings of Treasuries as the U.S. deficit ballooned. The nation held $763.5 billion Treasuries in April, making it the biggest foreign creditor to the U.S.
Preliminary Result
There is not much changes in the top positions. The preliminary result of the ongoing First Real Account Forex Trading Contest is a follows:
Group Number 1
In the Number 1 Group, a Chinese contestant is leading the group. He is being followed by a Russian.
Account Country Rating
1 213942 China 8.27326
Group Number 2
In the Number 2 Group the contestant from Indonesia has taken over the lead from the contestant from Ukraine. He is being closely followed by a Russian.
Account Country Rating
1 213326 Indonesia 1.61550
Preliminary Result
The preliminary result of the ongoing First Real Account Forex Trading Contest is a follows:
Group Number 1
In the Number 1 Group, a Chinese contestant is leading the group. He is being followed by a Russian.
Account Country Rating
Group Number 2
In the Number 2 Group the contestant from Indonesia has taken over the lead from the contestant from Ukraine. He is being closely followed by a Russian.
Account Country Rating
FREE FOREX SIGNAL
Short Position at: 1.6106
OP, SL & TP at YOUR OWN RISKS
This is a Free Forex Signal. Forex Trading is a very risky trade and if you decide to trade, kindly note that you trade at your own risks. You Open Position, Take Profit and put a Stop Loss at Your Own Risks. We hold no responsibility for any losses or damages incurred.
Preliminary Result
The preliminary result of the ongoing First Real Account Forex Trading Contest is a follows:
Group Number 1
In the Number 1 Group, a Chinese contestant is leading the group. He is followed by an Indonesian.
Account Country Rating
Group Number 2
In the Number 2 Group the contestant from Ukraine is leading. He is followed by a Chinese.
Account Country Rating
BUY GBPUSD
Long Position at: 1.6268
OP, SL & TP at YOUR OWN RISKS
Forex Trading is a very risky trade and if you decide to trade, kindly note that you trade at your own risks. You Open Position, Take Profit and put a Stop Loss at Your Own Risks. We hold no responsibility for any losses or damages incurred.
The mid-week performance of the participants of Demo Forex Trading Contest using Demo Account organized by Master Forex is as follows:
Account Country Balance The Champion for last week Master Forex Demo Forex Trading Contest is a participant from Russia. The Runners up are from Russia and Egypt.
Prizes for the Master Forex Weekly Demo Forex Trading Contest
The prizes are as follows:
1st. Prize : $100.00
Interested in the Master Forex Demo Forex Trading Contest ?
If you are interested to test your Trading Strategies or Forex Trading System you can register for the Demo Contest at the Master Forex website (Click the Master Forex banners). The Rules of the Demo Forex Trading Contest are simple and standard: * You register new Demo Account and wait nearest Monday. Then, begin trading and do your best to increase your balance. You can use any strategies or advisors you want to. We have no restrictions on the use of Technical Indicators and Expert Advisors.
*To take part in this competition you should register a new Demo Account in a special form. When it is ready, the Demo Account will be locked till the beginning of next week. On Monday 00-00 GMT+2 all accounts registered on the previous week will be unlocked automatically.
* On Friday evening all Demo Accounts participating in the Contest will be locked. The top 10 with the highest balances are the winners of the Contest for the week.
* The running result of the Demo Account Contest is constantly updated and displayed at Master Forex website.
* If you are one of the the winners, you can claim your Bonus by leaving a request in the trader’s office. The request should contain number of the Demo Account and a date of competition you took part.
* Kindly note that double accounts are forbidden and contestants with double Demo Accounts will be automatically disqualified.
* You must trade on the Demo Account according to the Customers Agreement.
* Bonus is credited to you real trading account, which you indicated during registration. You are not allowed to withdraw this Bonus. You can use this money for trading and thereafter you can withdraw your profit, but not the bonus itself.
* If we ascertain that you break the rules of the Contest you will be disqualified. Master Forex reserves the right to disqualify Contestants who does not observes the Rules Of the Contest.
Live Account Forex Trading Competition
The competition is especially for MasterForex customers. It is a competition on real accounts. The first of the series will start from 6th to 17th July.
The Prizes for the Live Account Forex Trading Contest
Prizes for the competition is as follows:
How to participate
For MasterForex customers, just press the button in the Trader’s Office.
What’s next? 2. You will receive an e-mail that will remind you about the contest and your group.
3. START is on July 6th (Mon 00-00 GMT+2)
4. Now you have 2 weeks to get the main prize!
BEST of LUCK to the Competitors of the First MasterForex Live Account Forex Trading Contest.
The mid-week performance of the participants of Demo Forex Trading Contest using Demo Account organized by Master Forex is as follows:
The Champion for last week Master Forex Demo Forex Trading Contest is a participant from Russia. The Runners up are from Egypt and Uzbekistan.
Prizes for the Master Forex Weekly Demo Forex Trading Contest
The prizes are as follows: Interested in the Master Forex Demo Forex Trading Contest ?
If you are interested to test your Trading Strategies or Forex Trading System you can register for the Demo Contest at the Master Forex website (Click the Master Forex banners). The Rules of the Demo Forex Trading Contest are simple and standard: * You register new Demo Account and wait nearest Monday. Then, begin trading and do your best to increase your balance. You can use any strategies or advisors you want to. We have no restrictions on the use of Technical Indicators and Expert Advisors.
*To take part in this competition you should register a new Demo Account in a special form. When it is ready, the Demo Account will be locked till the beginning of next week. On Monday 00-00 GMT+2 all accounts registered on the previous week will be unlocked automatically.
* On Friday evening all Demo Accounts participating in the Contest will be locked. The top 10 with the highest balances are the winners of the Contest for the week.
* The running result of the Demo Account Contest is constantly updated and displayed at Master Forex website.
* If you are one of the the winners, you can claim your Bonus by leaving a request in the trader’s office. The request should contain number of the Demo Account and a date of competition you took part.
* Kindly note that double accounts are forbidden and contestants with double Demo Accounts will be automatically disqualified.
* You must trade on the Demo Account according to the Customers Agreement.
* Bonus is credited to you real trading account, which you indicated during registration. You are not allowed to withdraw this Bonus. You can use this money for trading and thereafter you can withdraw your profit, but not the bonus itself.
* If we ascertain that you break the rules of the Contest you will be disqualified. Master Forex reserves the right to disqualify Contestants who does not observes the Rules Of the Contest.
Strong Dollar Strategy
A Strong Dollar Strategy
First Real Forex Trading Contest - Preliminary Result 3
2 196892 Russia 2.79911
3 19453 Moldova 2.53405
4 204513 Moldova 2.27706
5 206427 China 1.97354
6 209996 China 1.76066
7 202042 China 1.56062
8 214634 Ukraine 1.55844
9 210354 China 1.47192
10 212996 Indonesia 1.21062
2 210241 Russia 1.43225
3 211478 Indonesia 1.36839
4 204798 China 1.14634
5 207123 Ukraine 1.14213
6 209380 China 1.11256
7 210541 Russia 1.07393
8 199422 Ukraine 0.95736
9 201297 Russia 0.88667
10 206151 Azerbaijan 0.61159
First Real Forex Trading Contest - Preliminary Result 2
1 213942 China 8.27326
2 196892 Russia 2.79911
3 19453 Moldova 2.53405
4 204513 Moldova 2.27706
5 206427 China 1.97354
6 209996 China 1.76066
7 202042 China 1.56062
8 214634 Ukraine 1.55844
9 210354 China 1.47192
10 212996 Indonesia 1.21062
1 213326 Indonesia 1.61550
2 210241 Russia 1.43225
3 211478 Indonesia 1.36839
4 204798 China 1.14634
5 207123 Ukraine 1.14213
6 209380 China 1.11256
7 210541 Russia 1.07393
8 199422 Ukraine 0.95736
9 201297 Russia 0.88667
10 206151 Azerbaijan 0.61159
Sell GBPUSD
SELL GBPUSD
Stop Loss at: 1.6156
Take Profit at: 1.6048 / 1.5994
First Forex Trading Contest - Preliminary Result 1
1 213942 China 2.76489
2 214449 Indonesia 2.43593
3 210504 China 1.96733
4 204513 Moldova 1.80462
5 209996 China 1.59719
6 212658 Ukraine 1.17431
7 205449 Indonesia 1.10360
8 210529 China 1.10345
9 212996 Indonesia 1.10094
10 19453 Moldova 1.09960
1 198016 Ukraine 1.41739
2 213372 China 1.28810
3 210241 Russia 1.26713
4 213238 Indonesia 1.24885
5 211478 Indonesia 1.14392
6 204798 China 1.05248
7 210541 Russia 1.02631
8 212987 China 0.97589
9 210166 China 0.94077
10 213326 Indonesia 0.92267
Free Forex Signals
Stop Loss at: 1.6218
Take Profit at: 1.6338 / 1.6400 / 1.6450
Demo Forex Trading Contest - Result Week 27/09
Master Forex Demo Forex Trading Contest
1 4659890 Belarus 9 599
2 4662482 Lithuania 7 445
3 4661149 Estonia 7 200
4 4662450 Iran 6 259
5 4661146 Indonesia 5 715
6 4661750 China 5 640
7 4658943 Indonesia 5 326
8 4659947 China 4 060
9 4661724 USA 3 670
10 4660314 China 3 523
The champion is a contestant from Belarus with $9 599 in the balance. At a distance away is from Lithuania with a balance of $7 445 and at the third place is a contestant from Estonia with a balance of $7 200.
2nd. Prize : $ 50.00
3rd. Prize : $ 25.00
Real Forex Trading Contest
Place Prize
Group 1 Group 2
1 1000$ 5000$
2 300$ 2000$
3 200$ 1000$
4 50$ 200$
5 50$ 200$
6 50$ 200$
7 50$ 200$
8 50$ 200$
9 50$ 200$
10 50$ 200$
Applications are accepted until July 4th, inclusive. The amount of available funds at the beginning of the competition must be at least $100.
You don’t have account? No problem! Pass through a simple registration, make a deposit in a convenient way, and then you will be able to click on the button!
Only dollar accounts can take part in the competition.
During the contest all contest accounts are swap-free.
1. All the participants are divided into two groups, depending on their balance on July 5th:
o Group 1: from $ 100 to $ 999
o Group 2: from $ 1000 and more
Demo Forex Trading Contest - Result Mid Week 27/09
Master Forex Demo Forex Trading Contest
Account Country Balance
1 4661971 Saudi Arabia 14 067
2 4658943 Indonesia 11 981
3 4662528 Kazakhstan 7 347
4 4662209 Kazakhstan 7 012
5 4658357 Malaysia 6 770
6 4661320 Indonesia 6 111
7 4661904 Vietnam 5 870
8 4662051 Iran 5 161
9 4661750 China 5 135
10 4662037 Iran 5 103
Leading the group is a contestant from Saudi Arabia with $14,067 in the balance. At a distance away is an Indonesian with a balance of $11,981 and in third place is a Kazakhstan with a balance of $7,347.
1st. Prize : $100.00
2nd. Prize : $ 50.00
3rd. Prize : $ 25.00
