Hi everyone

Some more interesting readings before the year end.

Foreign Exchange Forecasts:
1. RBC
2. ANZ
3. CIBC World Markets

Other good stuff:
1. ANZ Liquidity Monitor
2. CIBC Monthly Forex Outlook
3. CIBC StrategEcon
4. RCB US Economic Forecasts
5. TD Quarterly Economic Forecasts
6. Wachovia 2008 Annual Outlook

Enjoy them

Francesc

Hi everyone

I was surfing today across FXstreet’s Forum - I´m waiting my children to wake up from lunch siesta - when I saw a very interesting thread that I want to share with you all.

It is a thread started by KChief where he asks for the best trading moment you have ever had.

So KChief is asking us to explain our minute of glory in the though FX market… As you very well know, I can´t participate as I´ve never placed a trade in my entire life, but I´ll be definetly interested into hear your kharma moment when trading.

If you have five minutes, come and join in:

http://www.fxstreet.com/forum/showthread.php?t=1749

I think it will be fun and also it can be a good learning experience for all of us

Francesc

note: btw, my children woke up long ago… I just didn´t realize that they were in their bedroom dressing up with a nice princess custom
It seems Santa brought them just what they most wanted

Hi everyone

Some more recommended readings for you if you still have some spare time these days

A link that you should have bookmarked. I strongly recommend it and I just hope one day we will be able to convince Scotiabank to publish such great stuff on FXstreet.com

http://www.scotiabank.com/cda/content/0,1608,CID8339_LIDen,00.html

From all the stuff you´ll find there, do not miss their Foreign Exchange Monthly Outlook

http://www.scotiacapital.com/English/bns_econ/fxout.pdf

Also, I recommend you to read the last Global Scenarios from my friends at Danske Bank. Good stuff indeed!

http://danskeresearch.danskebank.com/link/GSdec07final/$file/GS_dec07_final.pdf

And another page strongly recommended to bookmark. Is the research section of Danske Bank’s web site. Do not miss it!

http://www-2.danskebank.com/danskeresearch

Francesc

Hi every one

Before going to my mother’s place to have Christmas eve dinner, I wanted to share with you all the latest piece of research I just got from Trading Central.

Please, find attached Trading Central’s GLOBAL OUTLOOK, a review of Equity Indexes,
Interest Rates, Currencies and Commodities.

The only "but" I´ve got about suggesting you all such reading is that all forecasts are based on their
proprietary Behavioural Studies and Quant models.

Even though that, I though it could be of your interest

Merry Christmas

Francesc

Download TC_GLOBAL_MACRO_2008.pdf

Hi everyone

As end of the year is getting closer, we start wondering what the next year will bring us all.

If you would like to read some good stuff about what can we expect from 2008, I strongly recommend you to give a look at what The Telegraph has put together. You´ll find there what the big guys expect for the next year as HSBC, Santander, Barclays, RBS, JPMorgan…

Good stuff indeed!

http://www.telegraph.co.uk

Also, if you are bearish about the US economy’s health, you would like to read this article from professor Don Armentano titled "Economic Outlook 2008: Darkening Clouds"

For those of you that believe in Christmas, I wish you a Merry Christmas and a very happy new year

For those of you that don´t, happy holidays and a very happy new year too!

Francesc

This is an email I just sent:

Dear XXXX,

We at FXstreet.com only accept companies regulated in the US, UK, Switzerland, Nordic Countries, Australia and Japan.

A couple of years ago - maybe it was even before but I can´t remember it for sure - we accepted firms regulated in Switzerland and recently we have accepted firms from Nordic countries.

What’s going on with Switzerland?
We had many discussions at FXstreet whether to accept Swiss firms or not.
On one hand, Switzerland is a main financial place and Swiss firms can’¡t be excluded because they are an important part of the FX market.

On the other, as you very well said, FX is completely unregulated in Switzerland. The so called regulatory organizations as

    * Groupement Suisse des Conseils en Gestion Indépendants
    * Polyreg
    * Organisme d’autorégulation fondé par le GSCGI
    * Association Romande des intermediares financiers

are no more than private self regulatory services and probably you are right that their only duty is to apply the Anti-Money-Laundering Act.

On May 18th I published on my blog a post titled "Gossip from Switzerland". I was explaining that the SFBC (Swiss Federal Banking Commission) had finally decided to rule the Swiss FX market. My source told me that this process should be concluded in 2 to 3 years.

So we decided to accept Swiss firms and keep an eye on them. Since then, we have had proven claims against some Swiss firms and we have intervened siding the trader, but we have not received more proven complaints against Swiss firms than against US firms, all of them regulated by the NFA.

Recently we’ve accepted Nordic firms because firms in all fields from those countries are well known for their honest practices and we trust their local regulators.

We can´t be sure that all firms included in our brokers list will behave as they should, but I can guarantee that we are watching them and backing traders if they come to us with proven claims against brokers.

We are not a body regulator but we do not want bad people on our site. If you have any solid prove against any of the companies listed there, please let me know.

Regarding Swiss firms, we will keep them on our site and wait for the SFBC to do its job.

We will try to monitor things as close as possible and keep our visitors posted.

I´m going to post this reply on my personal blog

http://weblog.fxstreet.com

Feel free to reply me there if you wish so

All the best

Francesc

—– Original Message —–
This is just something you may not be aware of:
The so called regulation of Brokers in Switzerland is in no case ANY regulation.
The whole Forex market is completely unregulated in Switzerland. The often mentioned Self Regulation Service is only due to the Anti-Money-Laundering Act. No authority in Switzerland cares for any activity of the FX brokers there. But the SFBC is just closing FX brokers there. There is no official mentioned reason. You may ask the SFBC yourself for those often mentioned SWISS "regulations".
Also the Swiss Finance Ministry does not care of FX.

Just some facts and our question why do your promoted Non regulated brokers following your "rules"
Thanks for your attention.

Sincerely Yours, XXXX

Hi everyone

I just received a link to a new commercial from CMSFX.

Judge by yourself:

http://www.cmsfx.com/en/forex-resources/forex-commercial/

Definetly a new approach to advertise FX…. I can see that competence is getting tougher and FDM’s must look for new and original ways to leave the others behind.

Francesc

Hi everyone

Tomorrw Thursday December 20, from 15:00 to 18:30 GMT we will hold our 3 hours monthly educational webinar. This month it will be with Sunil Mangwani, Director of Education at FX Instructor.

The webinar is broken in two parts, part I is free and open for everybody, while part II is closed only for Premium members.

But as we are almost in Christmas and WHAT THE HECK! I´M THE BOSS HERE

So the first 25 readers who express their will to attend are invited to join in and attend both parts as Francesc’s Guests!

Just reply to this post saying "I would like to attend" and send me an e-mail right away at

francescATfxstreet.com

that would be all

I’ll take care Maud Gilson will send you an invitation

Francesc

Here you have more information about the webinar

DECEMBER 2007 MONTHLY WEBINAR.
Sunil Mangwani (Director of Education at FX Instructor) will hold a special 3 hours special educational live session.

DATE
Thursday December 20, from 15:00 to 18:30 GMT
(New York time is GMT-5, London time is GMT).

Part 1 - 15:00 GMT to 16:30 GMT - Open Basis (Free Access) - Register here
Part 2 - 17:00 GMT to 18:30 GMT - Just for Premium Members

THE SPEAKER
Sunil Mangwani is a Physics graduate with a degree in Financial Management. He has been trading futures and indices for many years, and the forex market since 2001. Sunil devises simple yet effective trading strategies based on his vast knowledge and in-depth study in the field of technical analysis.
In addition to being a professional trader, Sunil is a frequent writer and technical analyst, providing content on many printed and online media all over the world, including the prestigious "Traders" magazine.

TOPICS
PART 1: (Open) - Using stops effectively
The incorrect method of putting stops often defeats the very purpose of placing a stop, since a trader will be forced out of a trade before the price goes in the anticipated direction. See the technique of placing stops at the correct technical stops.

PART 2: (Premium) - Trading the FxInstructor Setups
See the effectiveness of 2 of the most popular setups used in the Live Trading Room:
(1) The Pivots technique with the proprietary ‘Momentum Value’ indicator.
(2) The Divergence setup with the correct use of the Fibonacci ratios.

Hi everyone,

We used to have a World Indices page that was attracting many people.

The provider was GCI, an off-shore brokerage firm. One day GCI came to us claiming that we were not meeting our part of the deal - and they were right, with the change of the old site to the new site we failed in keeping an ad space for them there as a payback for the service - so we tried to renegotiated the deal.

As we didn´t reach a deal, the page was removed from the site.

I know can announce that the page is back on track. Using data from top exchanges through Interactive Data we have put together a page with the main world market indices. The page lacks from a wide range of world stock indices but gathers the most important indices from all markets as DJIA Index, S&P 500 Index, Eurobund, Gold 100, Silver 500, Brent Crude (North Sea)….

http://www.fxstreet.com/rates-charts/world-indices/

Enjoy it!

Francesc

note: the list was made by Toni Juste, so if you miss any important indice, please let me know and we will make fun at Mr. Juste claiming how was it possible he missed it!

Hi everyone

Last December 13th I published a post announcing that we were thinking to close our chat room.

As always I requested your feed-back and I want to thank you all for the good feed-back I´ve received through my personnal e-mail:

francescATfxstreet.com

I want also to thank Stewart for his great feed-back.

Stewart told something as abvious as you always forget about it when you grow and try to be bigger. Stewart said:

Concentrate on your strengths - the chat room isn’t one.

A few words that says a lot and as a responsible of a business I should never forget them

Francesc