Gold starts to rally as dollar profit-taking kicks in. All eyes on the euro over the next couple of months. Do you want in on this? Now’s your chance. Watch out for Peak Finance!

Gold is still below $900, but as profit taking on
last week’s impressive dollar rally kicks in, the
precious metal is trying to make a move higher
once more.

With all these markets – shares, commodities and the
major dollar-linked currency pairs – there could be a
lot of volatility in tight ranges ahead of the US
Federal Reserves latest interest rate decision.

This kicks off tomorrow, and we’ll know the outcome
at 7.15pm BST. Most people are expecting another rate
cut to 2.0% from 2.25%, which would mark the seventh
such move since the central bank launched its rate-
reduction campaign in mid-September.

—————————–
All eyes on the euro over the
next couple of months…
—————————–

We’d guess that this will be the last cut for a
while, as the Fed allows its actions to filter
through. But as usual, the statement following the
announcement will be more critical than the decision
itself, as traders try to work out what the future
might hold…

Until then, expect the markets to flit around key
levels – the US S&P around 1400; gold around $900;
and the euro around 1.55.

What will be interesting to see is what happens to
the euro if the US maintains rates at 2.0% and then
the ECB comes under pressure to start cutting as
inflation shows signs of peaking. Once the
differential starts narrowing, the euro could sell
off hard. One to watch…

——————————

————–
Do you want in on this? Now’s your chance…
——————————————–

I have a bit of good news if you missed out on this
amazing opportunity last month. Although still midway
through the current trade, Robin Tracey is admitting
new entrants to his Time Trader service from today.

As you’ll see in a moment, Robin places a strict
limit on the number of people who can join him each
month. That’s because he only wants the right kind of
investor joining in.

This is a great opportunity for you (if you meet
Robin’s entry requirements) to take a trial of his
service, see how his unique strategy works and
prepare to enter his next trade.

http://click.fspeletters.com/t/17371/1632470/156880/0/

As a keen follower of financial markets and
investment strategies, I’m quite sure that you hear
about a lot of trading services. In fact, you will
have heard about many through Profit Watch: we are
constantly on the look-out for smart and proven ways
to make money from the markets.

What’s clear is that most trading strategies you come
across are what could be called “directional”
strategies. Simply put, they look to make money by
predicting the direction of a market, be it stocks,
commodities, indices or currencies. If you think it’s
going up, you buy and if you think it’s going down,
you sell or short.

That’s pretty tough to do and get right on a
consistent basis, although if you are sensible with
your risk/reward ratio and money management, then you
can still come out on top over the longer term.

But Robin’s found a smarter way to trade the markets
– and over the past nine years, he’s been honing his
strategy. In a nutshell, Robin’s system cashes in on
the fact that most of the time, the market he trades
does not move too much from month to month. You’ll
see from the statistics Robin has collated, just what
he means… and why his strategy gives him far better
odds of winning that most directional systems. More
on that in a moment…

—————————————-
£581,400 tax free in six months… by
predicting where the markets WON’T go…
—————————————-

Rather than trying to predict where the market will
go, he predicts where it will not go – and he makes
money if the market stays within set upper and lower
boundaries within a certain timeframe. He’s not right
every time, but most of the time – and that makes him
a lot of money.

When we came across Robin’s system here at Fleet
Street, we liked it so much that we persuaded him to
work with us to make it available to our readers.
Over the six months I shadowed his trades prior to
launching Time Trader in March, Robin cleared a
profit of £581,400 – tax free!

Now, we all know that a successful past performance
does not guarantee a successful future performance,
but you can see why I’m so excited by this… and
why I believe you should see whether you’d like
to apply for a place alongside Robin.

I know that Time Trader will not be right for
everybody, but for adventurous readers and serious
traders looking for a new way to trade, this is
certainly something you should read up on. With just
a couple of weeks or so until Robin enters his next
trade, this is a great time to register for a no-
obligation trial and follow what’s going on.

You’ll be able to tell within a few minutes whether
you’d like to copy Robin’s strategy and trade right
alongside him. Just read about it here:

http://click.fspeletters.com/t/17371/1632470/156880/0/

By the way, this is not the kind of hectic and time-
consuming in-and-out strategy used by day traders.
It’s an entirely more relaxed affair. You see, Robin
Tracey, the mastermind behind Time Trader, makes just
one trade per month. That’s all he needs.

He’s been utilising this “one trade a month” work
ethic for the last ten years and it has helped him
become a millionaire. In fact, when we were working
with Robin to launch this service, he made half a
million pounds in just six months – purely from the
trades he made following this strategy.

Profit Watch readers are again among the first to
have the opportunity to join in alongside Robin on
his next trade – either with real money… or by
paper trading if you prefer. Robin’s looking for a
certain calibre of trader to join him for his next
trade and I think Profit Watch readers are more
qualified than most. Take a look and see if you’d
like to test out this fascinating strategy for
playing the markets. There’s nothing else like it
that I’ve seen.

If you’re the kind of trader who’s looking for a less
stressful strategy, but with great profit potential,
then this could definitely be right up your street.
Click here to read more about it from the man who
designed it:

http://click.fspeletters.com/t/17371/1632470/156880/0/

—————————
Watch out for Peak Finance!
—————————

“Maybe,” writes our friend, Dan Denning, from
Melbourne, Australia, “along with the age of cheap
oil, we’ve passed the peak of cheap money.
Peak Finance!

“For the past three decades,” reports Justin Lahart
in the Wall Street Journal, “finance has claimed a
growing share of the U.S. stock market, profits and
the overall economy. But the role of finance – the
businesses of borrowing, lending, investing and all
the middlemen in between – may be ebbing, a shift
that would redefine the U.S. economy.”

“We can only hope. The business of making money by
moving money is nice work if you can get it
(especially during a bull market in credit). But it
doesn’t really add economic value. Nothing real is
produced, and obviously, the capital itself hasn’t
been allocated more efficiently. Just ask investors
in mortgage backed securities or bank and brokerage
stocks that have taken billion in losses on
bad loans.

“The bubble in finance is popping just like the
bubble in dot.com stocks popped. The deflating of the
finance bubble has much bigger real world
consequences, though. And in the stock market, the
stocks that led the last bull market never lead the
next one. We wouldn’t waste too much time picking
through the rubble of the financial sector. Instead,
you want to figure out what’s going to lead the
market up next…”

We’re on the case, Dan…

That’s all today.

Until Wednesday…

Best regards,

Frank Hemsley
Profit Watch