Hi everyone

Last week I made a post here that has generated some interest among you the readers:

Crisis in the Retail Forex Portals Business as well?

In this post I was talking about the possibility of the economic crisis hitting not just volume trade, the profits of the retail Forex brokers but also hitting hard the Forex Portals industry. The argument was based on the fact of 3 middle size Forex portals being put on sale almost at once.

Yesterday I got an e-mail from the owner of a well-know Forex site were he was giving me his view. It goes completely in the opposite way my post was pointing to so I wanted to highlight it here to let you take your own conclusions.

He said: “… I think the FX become more popular. A lot of FX sites raise money and I receive calls from big investment firms who want to introduce themselves.
We will certainly see new fx portals with big investors behind… It’s only the begin of the fight ;)”

On the other hand, retail FX brokers are seeing their profits going down fast. That will be a matter of another post, but this decrease in profits should have to have an impact on advertisement budget, and this should affect FX portals too.

This post may reflect the problems some FX brokers are currently facing or just is it a consequence of a fierce competition:

Up to $3,000 for opening your Forex account…. Who gives more?

So… what do you think?

Francesc

Hi everyone

Here you have the top10 reports in FXstreet.com for August 2009. I must highlight that number 5th position is for an Education report for the first time ever as far as we known. Congratulations 4xLounge!.

I also must welcome in the top10 to MPTrader.com, ForexHound.com and InnerFX. Financial Trend Analysis keeps the first position, followed by Master the Markets and our Valeria Bednarik

Francesc

August Top10 Reports
1. Today’s Trading Signals by Financial Trend Analysis [24,697]
http://www.fxstreet.com/technical/analysis-reports/todays-trading-signals/

2. Currency Trading Majors Pairs by Master the Markets [16,573]
http://www.fxstreet.com/technical/forex-strategy/currency-trading-majors-pairs/

3. Currency Majors Technical Perspective by Valeria Bednarik [15,396]
http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/

4. Daily Options Intelligence Report by Interactive Brokers LLC [14,364]
http://www.fxstreet.com/fundamental/analysis-reports/daily-options-intelligence-report/

5. Forex 30-day Trading Program by 4xLounge [9,713]
http://www.fxstreet.com/education/forex-basics/forex-30day-trading-program/

6. The Mid-Day Minute by MPTrader.com [7,408]
http://www.fxstreet.com/technical/market-view/the-midday-minute/

7. Forex Technical Report by ForexHound.com [7,042]
http://www.fxstreet.com/technical/analysis-reports/the-forex-technical-report/

8. Daily Recommended Trades by InnerFX [5,952]
http://www.fxstreet.com/technical/forex-forecasts/daily-recommended-trades/

9. Chart of the Day by FX Solutions (James Chen - ITC 2009) [5,541]
http://www.fxstreet.com/technical/analysis-reports/chart-of-the-day/

10. Top Fundamental Stories by ecPulse.com (New contributor) [5,201]
http://www.fxstreet.com/fundamental/analysis-reports/top-fundamental-stories/

Update on Learning Center:

Learning Center - Unit B - Analytical Tools [24,508]
http://www.fxstreet.com/education/learning-center/unit-2/

Have spare 5 minutes?

Relax yourself watching this video…. Very funny

http://www.metacafe.com/watch/yt-4X4NeF9yZh4/ping_pong_3d_effect/

Francesc

Hi everyone

Last Saturday I had the opportunity to visit a small village named El Catllar near Tarragona (Catalonia, Spain). The village was celebrating its yearly festival known here in Catalonia as “Festa Major”. The holidays last a few days and you can enjoy night music, kids activities, a village gathering for supper all together and many other activities…. and of course, you can get Castells.

As taken from The Wikipedia “A castell is a human tower traditionally built during festivals in many places in Catalonia. At these festivals, several colles castelleres (teams) meet and try to build the most impressive towers they can.
This tradition originated in Valls, near Tarragona, so El Catllar is in the middle of the land of Castells.

Well… to see how they load and download such human towers is a must as it is absolutely breathtaking.

I took some pictures for you and also you can see a Castell live at YouTube.

Enjoy them

Francesc