Key persons in Forex trading and Stock trading

*David Einhorn - Greenlight Capital - Sometimes talks macro -- talked about shorting Athenahealth last year. Shares capped down 30% after presentation but completely recovered in a month. Keith Meister - Corvex Capital - $6.5 billion fund - activist investor, Ichan protege Leon Cooperman - Omega Capital - billionaire investor - former CEO of Goldman Sachs asset management *Larry Robbins -  Glenview Capital Management, a $7.5B hedge fund - mostly stocks. Last year he talked about Humana (+42%), Anthem (+54%), Monsanto (flat) Jeff Gundlach - The new bond king David Tepper - Appaloosa Management - specializes in distressed companies - paid himself $3.5B in 2013 (then earned just 2.2% in 2014). In Oct: "If the ECB starts to do QE it will be the beginning of the end of the...

Economy concern for the forex traders

Trading remains short term oriented and influenced by the wiggles and waggles from both a fundamental and technical perspective.  Fundamentally, the global economy has a lot of balls in the air: UK election/UK growth and inflation US policy/US 2Q growth after sub par 1Q EU recovery off a low base/Just starting QE (Sept 2016 proposed end date)/ Greece Japan 1.05 or 1.30?  Better or worse? AUD lower commodity prices, China concerns, but stronger housing and today's employment was a potential game changer CAD lower oil price but economy weathered the storm(?)/too strong housing market  NZD commodity and China concerns, but higher housing. This fundamental dynamic is tricky and therefore, markets are reacting accordingly.  Don't love positions for too long as the...

Be aware of Forex Robots

Double Forex use of broker lauded as fraudulent by XTB Hopefully none of our wise Forexlive readers will be (or have been) sucked into the murkier side of trading robots, lured by promises of riches while you kick back and do nothing. Forex Magnates highlight a statement from broker XTB where a company called Double Forex is pimping a metatrader robot and apparently is making false claims about results on real accounts. The site lists account logins and passwords to test accounts at various brokers but these numbers are likely to be fraudulent. XTB has said that the company is using their name without permission and they do not have any relationship or partnership with Double Forex Trading robots is an easy path to go down for traders, especially new and inexperienced traders....

Bank of Portugal raises growth estimates for 2015 and 2016

2015 GDP now seen at 1.7% vs 1.5% prior 2016 1.9% vs 1.6% prior 2015 CPI 0.2% vs 0.7% prior 20161.1% vs 1.0% prior Says upward growth revision largely reflects expected increase in exports Says risks are balanced for economic growth and inflation...

Instaforex News CHF crisis

I have contacted InstaForex's Financial Department and they said me, that IFX is dealing with this CHF crisis situation seriously. And, if anyone has Lost their Money because of SL not getting hit due to 1000's of gap movement then they are ready to compensate with them and will help them recover their losses & might even refund some amount of their Loss. So, if anyone belonging to IFX has lost because of this CHF movement then they should contact IFX Dealer Department soon to make a Deal.E-Mail: dealer@instaforex.comThis CHF crisis situation is the Best Period to Test All Brokers, the Broker which handles this situation...

Is your broker safe?

Thanks to a surprise shakeup from the Swiss National Bank (SNB), the FX industry has been placed into a state of flux with the playing field radically redrawn – consult Forex Magnates’ comprehensive broker list to see the state of each broker. Amongst the earlier headlines, perhaps no two brokers received more attention today than FXCM and Alpari UK, the latter declaring insolvency following insurmountable client losses. FXCM however, itself facing losses in excess of $220 million, is now a prime candidate to be bought in dramatic fashion, following rampant rumors from two suitors. Meanwhile, the rest of the industry seems...

The Foreign Exchange Market’s Black Thursday: List of brokers losses in Black Thursday

es are looking at acquisition targets in the aftermath of the debacle with some publicly listed companies also falling under the radar, while the prospects of others going public dimming in the aftermath of the Swiss National Bank carnage. The removal of the exchange rate cap on the Swiss franc has certainly been more impactful that its instigation in September 2011. In fact the only comparable black swan event is the European Monetary System (EMS) break up in 1992. Forex Magnates has talked to a variety of foreign exchange industry sources in order to determine the prospective impact to the industry. There’s been a small number of official...