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It’s not enough that you trade a demo account, you test the broker , and his capabilities, but more importantly, you need to test yourself in the process. The best attitude in trading is to seek the faults always within yourself instead of blaming anyone or anything for adverse consequences. In a similar vein, it is better use demo trading to test your compatibility and your competence with a broker’s software before making speculations...

* Chicago Fed national activity index -1.08 in October from downwardly revised-1.01 in September * US existing home sales leap 10.1% in October; highest since February 2007 * Canadian retail sales rise 1.0% in September; ex-autos up 1.1% * Trichet: Exit strategy to be discussed at December meeting; exit to be gradual, timely; Strong dollar important to international community * Brazil finance official; May add to measures to weaken BRL *...

Right now, the U.S. government pays a 0.1% yield for a 3-month loan, while for a 12-month loan pays 0.30%. In other words, the Government pays $5000 for every $1 million that it borrows with a 3-month maturity, which is probably one of the best deals of the last few centuries.

-- The Treasury sold $44 billion of two-year notes at a yield of 0.802 percent, the lowest on record, as demand for the safety of U.S. government securities surges going into year-end. Investors are piling into short-term Treasuries on concern that this year’s rally in risk assets has outpaced growth prospects and as Federal Reserve officials signaled interest rates will remain near zero for an extended period. Rates on some Treasury bills...

Markets once again started the week in a bullish mode with dollar retreating against the major currencies, with Japanese Yen being the major exception as risk appetite was fueled by the unexpected increase in October existing home sales at 10.1% v 2.3% analyst expectations.

The Bank of England has raced far ahead of its peers along the quantitative easing road, but it could overtake other central banks in the reverse direction when the time comes to tighten. Although the Bank's rhetoric remains more dovish than that of the European Central Bank, investors are betting both banks will start to withdraw stimulus in the second half of next year, and the Bank will be more aggressive in raising rates thereafter....

News moves markets but trading the news can be a dangerous endeavor. This is because traders never know how the market will react to a certain news release. Many times the market will move before the news is released and then when the news is announced since the news was anticipated, the market will react in the exact opposite way, you thought that it would. So that is why we trade according to what the price is doing not the what the data...

Hi Marco, Cheers Buddy I think time and price wise we're close to a top in those spoos too Hi MACD, I used the crystal ball on that one Stop above the Oct high

Australian swaps jumped on Wednesday after upbeat comments from a top central bank official boosted speculation the central bank would raise rates next week

The U.S. Dollar Index dropped back down to horizontal support at 75.0 today, but this is most likely just a short-term stop on its way down to 74.0.