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  1. Ituglobal

    A Break from the Norm

    Breaking free from the usually dreary and cryptic anthology… welcoming entertaining, simple, easily-understood and provocative poetry… See three samples below: (65) VACANCIES An applicant called today Dressed well but looked hopeless Credentials filled his bag, But he left as he came...
  2. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (March 23 - 27, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Without events, there cannot be history. The even that happened last week shows that EUR may not reach parity with USD soon. In fact, it is no longer rational...
  3. Ituglobal

    Secrets of Market Wizards

    The Travail of the Signals Provider “No matter how great a setup looks, there’s always a chance you can still be wrong… Realize that knowing when not to trade is as important as knowing when to trade. I often joke that we are more wait-ers than trade-ers.” A signals provider is a trading...
  4. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (March 16 - 20, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This market currently is one of the weakest among the majors, making lower highs and lower lows. The market proffers short opportunities with any short-term...
  5. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (March 9 - 13, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bullish expectation on EURUSD has not materialized, for price dropped by over 300 pips. Indeed, last week saw the weakest movement on EURUSD since February...
  6. Ituglobal

    Secrets of Market Wizards

    When a Good Strategy Is Losing Money - Part 2 “When I was 20 to 25 years younger, every move in the markets would make me excited. By the mid-90s, I got my emotions under control. I learned to focus on eliminating risk on the front end, so that I would have fewer problems on the back end.”–...
  7. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (March 2 - 6, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This market, which was in an equilibrium phase for a few weeks, experienced further weakness last Thursday. Price dropped by 180 pips, closing below the...
  8. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (February 23 - 27, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This market is not currently favorable for swing trading, except intraday trading or scalping. This is because the market has not moved protractedly in a...
  9. Ituglobal

    Secrets of Market Wizards

    When a Good Strategy Is Losing Money – Part 1 “But in the market any price is always history. It’s the price of the last transaction, holding no guarantee for even the nearest future.”– Dirk Vandycke What do you do when a good trading system, whose historical results have been satisfactory...
  10. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (February 16 - 20, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the recent bias on this market is bearish, it should be noted that bulls have been making effort to push price higher. Price consolidated last...
  11. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (February 9 - 13, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In this market, the bullish effort last week was rendered useless when price headed back towards the support line at 1.1300, which was an important support...
  12. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (February 2 - 6, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The outlook on this market remains bearish. Price made serious bullish attempts, reaching the resistance line at 1.1400 and then consolidated till the end...
  13. Ituglobal

    What Effect Could a Negative Interest Rate Have Over an Economy?

    Hello. What effect would a negative interest rate have over an economy? Is it positive of negative effect? In addition, what prompts a central bank to reduce their interest rate to negative (-)? What do they hope to achieve by doing this? What effect would this have on the fixed...
  14. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (January 26 - 30, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among popular currencies, having dropped by roughly 900 pips since the beginning of this year. The support...
  15. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (January 26 - 30, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among popular currencies, having dropped by roughly 900 pips since the beginning of this year. The support...
  16. Ituglobal

    Secrets of Market Wizards

    CHF Pairs Volatility – a Blessing and a Curse “It’s futile to call the trade before it happens. One can never know beforehand if a trade is going to be a day trade, a short term trade of days or weeks or a long term trade of weeks up to months. Every trade develops from the embryonic stage of...
  17. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (January 19 - 23, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair moved downwards by over 300 pips last week, reaching a low of 1.1459. There is a strong Bearish Confirmation Pattern in the market and price may...
  18. Ituglobal

    Who Really Benefits from Swaps, the Broker or the Trader?

    It’s known that the broker makes money from spreads and/or commissions on their clients’ trading activities, but what about swaps? I’ve seen that swaps are sometimes positive or negative, having positive or negative effects on the trader’s portfolios. But… who really benefits, or get affected by...
  19. Ituglobal

    Weekly Trading Forecasts on Major Pairs

    Weekly Trading Forecasts on Major Pairs (January 12 - 16, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD assumed its southward journey on January 2, 2015, going further and further south in the following week. Price went below the support line at...
  20. Ituglobal

    Secrets of Market Wizards

    Traders, Don’t Be Like Mr. Geoffrey! “Anyone who has been involved in the markets has been humbled and respects the fact that this is not an easy game no matter how successful we have already been or how much experience we have.”– Charles E. Kirk About 4 years ago, Mr. Geoffrey* came to me...
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