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Hello Friends,
Presenting my brief intraday analysis for 1st of June, 09.
GBPJPY

My present supports and resistances – supports 153.89, 153.73, 152.88 & resistances 154.29, 154.49, 154.71

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FX Universal follows FX Solutions offers Spot Gold and Silver (they use the same platform: GTS): http://tinyurl.com/mp79ba #
Questrade rolls out social media tools to empower self-directed traders: http://www.prleap.com/pr/136523/ #
Forex Espionage – a new forex robot to hit the market on June 2. Promises 97% winning trades: http://tinyurl.com/nxeylp #
Swiss court declares Crown Forex bankrupt, FINMA warns [...]

Hello Friends,
I am sure this weekend will be special for Pound lovers thanks to my beloved grating agency, S&P for their timely downgrading. Although USD did take more hit than expected, at the end of the day, how good did we do in our trading matters a lot.

As it was extensively reported in the past few weeks Crown Forex is being liquidated and today a Swiss court had declared it bankrupt, as expected. Crown Forex’s assets will be liquidated after the company’s appeal against an earlier ruling was rejected.
FINMA then went ahead and warned that more Forex brokers could follow given the new Swiss [...]

What It Means To Be Responsible - My Personal Experience

A responsible man first accepts and understands the need for the existence of irresponsible human beings, for without them there will not be a balanced life.
A responsible man also understands to be responsible is not that easy but eventually achievable
A responsible man (trader) treats trading as a business not as a hobby
A responsible [...]

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ELX Futures approved by CFTC to start operating in June, set to launch Treasury futures to compete with CME Group http://tinyurl.com/q6e23y #
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Forex brokers survey: Over $105B in reported [...]

I know you’ve been expecting it so here it is: The largest and most up-to-date report detailing the average trading volumes by retail Forex brokers. The report shows that all prior estimates were far from the actual figures. Retail forex volume doubled itself in less than two years and the total average daily volume is [...]

Just like it was indicated, Crown Forex is finished.
In the following statement sent to Crown Forex’s clients, FINMA announces the final liquidation of the Swiss broker and asks clients for their balance statements and any claims they might have towards Crown.
All this despite  Crown’s claims for innocence.
Dear clients,
The Swiss Financial Market Supervisory Authority (FINMA) has rendered [...]