Hey Traders! How is your day so far? If you are on the other side of the Long Pond, Good Morning!

So, Ben Bernanke made a podium piece at the dedication of the new Federal Reserve Bank at Kansas City. Bernanke quoted that the bank has been in sound operation for nearly a century and will still be a sound operation in the future. Ok, a very stable Delaware Corporation that is! lol

So, what is on the news tonight?
well, in a few minutes, we should be getting some word about the Google Yahoo fine mess that we have been hearing about for a while. Both stocks had taken a tumble in recent trading.

New Zealand Activity….
Tonight, look for the Core Retail Sales, and the regular Retail Sales monthlies.

Japan!
Overnight Rate Numbers will be released. Also look for the Industrial Production Monthlies, Household Confidence, the Bank of Japan Monthly Report and a press conference shortly to follow.

Also, The Group of 8 (G8) Finance Ministers will be getting together in Osaka Japan to discuss pressing global finance issues throughout the day. Look out for news shots as the trading session goes on.

Australia…
Reserve Bank of Australia’s Governor Glenn Stevens is going to wax a tad on some pressing monetary issues.

Folks! Have an awesome day of trading! See you at the Europe Open. Have fun! and TRADE ON!




Good afternoon from the labs of GoForexTrade.com…

The US had a mixed day,
Core Retail Sales, Business Inventories and Retail Sales Numbers came in positive while the Import Price Index, Unemployment Claims (384K > 370K ) and were not to positive.

The numbers for Natural Gas Storage came in at 80 Billion Cubic Feet, short of expectations of 94 Billion Cubic Feet.

Come back in a few hours on Words from uncle Ben and up and coming news for the Asian Session.

TRADE ON!
Tom Howell
GoForexTrade.com




Good morning American Forex Traders. How is everything so far? Enjoying the nice rally off of the Euro?

Before we get into today’s news events, let’s quickly recap the european sessions so far…

In Europe, French Final Employment Change Quarterlies came out positively at .4%. The European Central Bank has stated that with the current status of the central bank, they are ready to move on countering the ever increasing threat of Inflation. Industrial Production is up .9% for the month.

From One Bank To The Next:
Bank of England stating their inflation attitude index at 4.3%, over the previous percentage of 3.3%.

EU Lisbon Vote:
We are still waiting for the results of the Lisbon Treaty Vote for Ireland.

For some US Session News….

around 830 -4 GMT, We will have a round of news from the United States.
In this round of news, we will expect numbers from heavy hitters such as Retail Sales, Core Retail Sales, Import Price Index monthlies, and Unemployment Claims.

A bit later in the day, We will also have numbers from Monthly Business Inventories, and Natural Gas Storage Numbers. also expect Uncle Ben to put out a few words. In his usual speech streak, he usually helps the dollar against the euro.

Well, that is my US morning report, I should be back around noon to report the midday. TRADE ON!




Download the Forex Tracer ReviewHave you heard about the newest expert advisor arrival? Forex Tracer is a new product that just came on to the industry not too long ago, and I had the honor of testing it’s core capabilities and writing a review for it.

SO FIRST OF ALL, FOREX TRACER IS A SIGNAL? PROGRAM? SERVICE?
The Forex Tracer what we call and “Expert Advisor” for Metatrader Trading Platforms. What an Expert Advisor is, is a Mechanical Trading System (MTS for short) which links to a currency trading chart. Using specifically programmed parameters, the Forex Tracer will of course ADVISE you on the best possible strikes on making the trade, and can even make those trades automatically.

The Forex Tracer does not have an insane learning curve. All you have to do once you purchase the Forex Tracer, is drop the EA file into the experts sub-folder in the folder that holds the Metatrader software that you are currently using. Of course the Name of the Metatrader folder you are using most of the time, will have the name of the Forex Broker that you are making positions with.

After dropping the file in, the only thing I had to do, was open a M30 chart for the EURUSD cross, and drag from the left panel containing the Forex Tracer EA from the Experts Folder right onto the chart screen. then a dialog box will appear, and select it for Automated Trading Allowed.
That’s it! I have been testing this system for a couple days, and I have scored 75 pips from it. Yes it might sound conservative (You are probably thinking What about hundreds of pips.) but you have to realize, if you trade a single 100K lot on those trades, you are look at least at $750 in profit. Now tell me where you are going to make that much money in a couple days time. The formula that has been used to create this Expert Advisor has seen a profit return of $335,000, with just a base investment of $25,000. And the Forex Tracer can be downloaded for instant use!

MY VERDICT:
The team at Forex Tracer have a tight product here. I strongly recommend this product, as NC Media, the publisher of this fine product have an awesome job. Of course obviously I will tell you that you should demo it before going live, just to get the feel of the product. I think these folks out of most of the products I have tested so far, are the most consistent, and practical for your investment in Forex products.

390 PIPS MADE TOTAL IN TWO WEEKS!!!!!!
I have DOUBLED last weeks profits! I started at $5,000 initially and ended up making over $10,000 in profits using the Forex Tracer. Why wouldn’t you want to use this?

Check Out The Forex Tracer Here!
download forex tracer immediately!




For those who have been keeping up with GoForexTrade.com, I thank you for coming back and visiting my site. Unfortunately I had to be away from the computer for most of the day yesterday, and now I am coming back and starting up once again with the Europe Session.

I have checked out my stats on feedburner as of yesterday and noticed that more and more visitors are subscribing to the RSS feed! I thank each and every one of you for subscribing to the feed and if you haven’t, it’s available for you!!!

So, let’s start with the european market news..

We have several numbers to watch out for today. First at 645GMT, we have the French Final Employment Change Quaterlies coming out. The magic number for this index is .3%

Also in European News, the Monthly Industrial Production monthlies will be out, and we are waiting on the results of Ireland’s vote from the Lisbon Treaty, the European Union’s treaty, which would streamline the EU’s functionality, and screw those who believe in national sovreignty (sidenote: Ok, fine, I am a Ron Paul fan and I am not into the Lisbon Treaty Either!)

Away from the political rant, let’s cover the other things in Forex eh?

In Great Britain, The Bank of England is going to put out some words on Inflation Attitudes. Then a bit later on, Swiss National Bank Board Member Thomas Jordan will have a few words of his choosing as well!

Folks, Have an awesome day trading the european session, be back in several hours, and again, thank you for coming to GoForexTrade.com TRADE ON!

Tom Howell
Editor,
GoForexTrade.com