Foreign Exchange

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Comment by David Ortiz on March 24, 2009 at 2:06pm

Check discussion for updates.

Comment by David Ortiz on March 18, 2009 at 9:17am

This Morning Gold touched 904.32 oz. So far my prediction was right I used about $1844 to control 200 oz of gold for a $3600 profit in 1 day. The euro is trading at 1.3122 currently I predicted would go up next level about 1.3300 I automatically took profit at 1.3117 for a profit of $1520 in 1 day. Not bad for income during a recession. Take profits from real estate and invest in high yielding investment tools, foreign currency is a great investment tool. If you are reading this you should look into it. Almost done with my e-book.

Comment by David Ortiz on March 17, 2009 at 1:19pm

Yesterday the Price of Gold was trading flat for most of the day, I advised some clients to short Gold at 922/oz. today Gold dropped to 912/oz, my strategy suggests will be moving a little lower, I wont be surprised if price falls below 900/oz. In any case $10 per oz is a good move trading spot gold. Will probably not last for long but thats why it's called day trading. Euro againt Dollar seems to be starting uptrend next Fib. level is 1.3347 right now price is 1.3001. thats 346 points most brokerages offer between 40-1,100-1 leverage. Every $1334 invested in Eur/Usd a point move would give a return of $10(100-1 lev). Do the math.