The Forex Monopoly

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Forex is a Monopoly, controlled by a small ‘cartel’ of big banks.  That’s changing, and changing fast – as a number of non-bank FX participants are replacing the traditional ‘big 12.’  As we explain in Splitting Pennies – the fact remains, if a small group of companies controlled and manipulated the price of any other market, they’d be shut down faster than you can say “Anti-Trust.”  

A short list of things that are unique about FX:

  • No “Insider Trading” rules.  Yes, that’s right!  No insider trading rules.  Don’t believe it, confirm it.
  • Trades 24/5 – no ‘market times’
  • People need FX – businesses need currency to operate (People don’t need stocks)
  • FX is an openly manipulated market (but, each central bank can only manipulate its own currency)

The most important thing stock traders need to understand about Forex

There’s a phenomenon in FX we can call ultra high latency information arbitrage.

During Brexit, it took the GBP/USD hours to go down, in total more than 20 hours from peak to valley.  If you missed the first move down, it was easy to catch the 2nd, or the 3rd, or the 4th.  Brexit is the most bright, obvious example but not the only one – it happens nearly every week. 

Coup in Turkey?  Risk on.  Failed coup?  Risk off.

In the stock market, when there’s news, not a moment goes by that the market absorbs it.  In fact, the information knee-jerk in stocks is so quick and usually so severe, traders have strategies designed to buy into the panic information leak selling.

It’s not possible to trade on information in stocks because it happens so quickly, even if you use algorithms and subscribe to Reuters ‘ultra low latency’ data service, there’s almost no opportunity there.  But in FX, it can take the markets tens of hours to absorb PUBLIC information.  No one had ‘insider’ knowledge about Brexit.  GBP/USD went down slowly, very slowly, over a period of many hours.  Spreads widened, but not to levels that would impact trading. 

But with FX, there’s good news.  You don’t need to own the FX Monopoly, to generate some Monopoly money.  But in FX, you can take your profits and spend it in your local shop (Children, don’t try to spend Monopoly money, it’s illegal).  FX – it’s like the Monopoly for adults!

If you want a quick Forex education, checkout Splitting Pennies – the pocket guide designed to instantly make you a Forex genius!

If you want to get started looking at investing, checkout Fortress Capital Forex

First published here: http://j.mp/2aamqLn

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Ansel Elgort’s Acoustic Cover Of His Single “Home Alone” Will Make You Melt

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His voice. That piano. I’m dead.

The Fault In Our Stars and Divergent actor Ansel Elgort recently released his debut single, “Home Alone.”

w.soundcloud.com

Which you should be very excited about, because it’s really damn good.

Instagram: @anselelgort


View Entire List ›

First published here: http://j.mp/2a6x4p6

Ansel Elgort’s Acoustic Cover Of His Single “Home Alone” Will Make You Melt

Tags

, , , , , , , ,

His voice. That piano. I’m dead.

The Fault In Our Stars and Divergent actor Ansel Elgort recently released his debut single, “Home Alone.”

w.soundcloud.com

Which you should be very excited about, because it’s really damn good.

Instagram: @anselelgort


View Entire List ›

First published here: http://j.mp/2a6x4p6

Ansel Elgort’s Acoustic Cover Of His Single “Home Alone” Will Make You Melt

Tags

, , , , , , , ,

His voice. That piano. I’m dead.

The Fault In Our Stars and Divergent actor Ansel Elgort recently released his debut single, “Home Alone.”

w.soundcloud.com

Which you should be very excited about, because it’s really damn good.

Instagram: @anselelgort


View Entire List ›

First published here: http://j.mp/2a6x4p6

Ansel Elgort’s Acoustic Cover Of His Single “Home Alone” Will Make You Melt

Tags

, , , , , , , ,

His voice. That piano. I’m dead.

The Fault In Our Stars and Divergent actor Ansel Elgort recently released his debut single, “Home Alone.”

w.soundcloud.com

Which you should be very excited about, because it’s really damn good.

Instagram: @anselelgort


View Entire List ›

First published here: http://j.mp/2a6x4p6

Ansel Elgort’s Acoustic Cover Of His Single “Home Alone” Will Make You Melt

Tags

, , , , , , , ,

His voice. That piano. I’m dead.

The Fault In Our Stars and Divergent actor Ansel Elgort recently released his debut single, “Home Alone.”

w.soundcloud.com

Which you should be very excited about, because it’s really damn good.

Instagram: @anselelgort


View Entire List ›

First published here: http://j.mp/2a6x4p6

Verizon calls time on Yahoo by buying it

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IT WAS not so long ago—four years back—that a former Google executive, Marissa Mayer (pictured), arrived to run Yahoo, and its employees hung posters emblazoned with her face and the word “Hope” around the internet firm’s office, in a nod to those designed for Barack Obama’s 2008 run for president. Expectations were sky-high for the young and energetic Ms Mayer. But now time is up for the ailing firm. After its spiral of decline quickened under Ms Mayer, the board said in February that it would sell off its core internet business. On July 25th Verizon, a telecoms giant that is also America’s biggest mobile operator, agreed to pay $4.8 billion for Yahoo. The deal excludes several key assets, including its stakes in Yahoo Japan and in Alibaba, China’s dominant e-commerce firm. What went so horribly wrong for the former internet giant, and is Verizon wise to buy it?

Yahoo’s story encapsulates the internet’s own rise. It was in 1994 that David Filo and Jerry Yang, two students at Stanford University, created a page to assemble their favourite links. It became Yahoo, a directory of categorised links, which evolved into a “portal”…Continue reading

First published here: http://j.mp/2a8qIj7

Verizon calls time on Yahoo by buying it

Tags

, , , , , , , ,

IT WAS not so long ago—four years back—that a former Google executive, Marissa Mayer (pictured), arrived to run Yahoo, and its employees hung posters emblazoned with her face and the word “Hope” around the internet firm’s office, in a nod to those designed for Barack Obama’s 2008 run for president. Expectations were sky-high for the young and energetic Ms Mayer. But now time is up for the ailing firm. After its spiral of decline quickened under Ms Mayer, the board said in February that it would sell off its core internet business. On July 25th Verizon, a telecoms giant that is also America’s biggest mobile operator, agreed to pay $4.8 billion for Yahoo. The deal excludes several key assets, including its stakes in Yahoo Japan and in Alibaba, China’s dominant e-commerce firm. What went so horribly wrong for the former internet giant, and is Verizon wise to buy it?

Yahoo’s story encapsulates the internet’s own rise. It was in 1994 that David Filo and Jerry Yang, two students at Stanford University, created a page to assemble their favourite links. It became Yahoo, a directory of categorised links, which evolved into a “portal”…Continue reading

First published here: http://j.mp/2a8qIj7

Verizon calls time on Yahoo by buying it

Tags

, , , , , , , ,

IT WAS not so long ago—four years back—that a former Google executive, Marissa Mayer (pictured), arrived to run Yahoo, and its employees hung posters emblazoned with her face and the word “Hope” around the internet firm’s office, in a nod to those designed for Barack Obama’s 2008 run for president. Expectations were sky-high for the young and energetic Ms Mayer. But now time is up for the ailing firm. After its spiral of decline quickened under Ms Mayer, the board said in February that it would sell off its core internet business. On July 25th Verizon, a telecoms giant that is also America’s biggest mobile operator, agreed to pay $4.8 billion for Yahoo. The deal excludes several key assets, including its stakes in Yahoo Japan and in Alibaba, China’s dominant e-commerce firm. What went so horribly wrong for the former internet giant, and is Verizon wise to buy it?

Yahoo’s story encapsulates the internet’s own rise. It was in 1994 that David Filo and Jerry Yang, two students at Stanford University, created a page to assemble their favourite links. It became Yahoo, a directory of categorised links, which evolved into a “portal”…Continue reading

First published here: http://j.mp/2a8qIj7

Verizon calls time on Yahoo by buying it

Tags

, , , , , , , ,

IT WAS not so long ago—four years back—that a former Google executive, Marissa Mayer (pictured), arrived to run Yahoo, and its employees hung posters emblazoned with her face and the word “Hope” around the internet firm’s office, in a nod to those designed for Barack Obama’s 2008 run for president. Expectations were sky-high for the young and energetic Ms Mayer. But now time is up for the ailing firm. After its spiral of decline quickened under Ms Mayer, the board said in February that it would sell off its core internet business. On July 25th Verizon, a telecoms giant that is also America’s biggest mobile operator, agreed to pay $4.8 billion for Yahoo. The deal excludes several key assets, including its stakes in Yahoo Japan and in Alibaba, China’s dominant e-commerce firm. What went so horribly wrong for the former internet giant, and is Verizon wise to buy it?

Yahoo’s story encapsulates the internet’s own rise. It was in 1994 that David Filo and Jerry Yang, two students at Stanford University, created a page to assemble their favourite links. It became Yahoo, a directory of categorised links, which evolved into a “portal”…Continue reading

First published here: http://j.mp/2a8qIj7