FX Insight Morning session June 11 gbp-Usd

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Today, June11th 2012 — Chief Trader Avaro Mendez demonstrates in this Video clip of main chart on floor one of the advantages that the Forex Insight Trade methods and how it allows traders for properly find trade entires even in markets like today as Gbp/usd show signs of retracement on price action method 5 min chart. Chief Alvaro specifically points to scalp trades in the 1M 15m time frames as they come together, signaling a upturn from 1.5500. That, in particular, is something few traders would see if only using simpler and or depending on some miracle platform. In a matter of time, he’s able to take 10 PIPS at 1.5512 on his active long position! Price ACTION sequence followed. 85% of traders made 10 pips in this trade.

TIP OF THE DAY - don't get fouled in purchasing platform then a monthly data feed that promise you the world only crash and burn after a year. Know your self as a trader that is the most valuable platform.

 Learn how to consistently profit in the Forex market by identifying precise entries and exits with the Forex Insight Team. Learn Scalping and price action in online classroom

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5 things to look for that will Impact Silver

Wealth Wire - The largest silver producing mine in the world is the Cannington mine in Australia. Silver production at Cannington declined from 38.6 million oz in 2010, to only 32.2 million oz in 2011. The Fresnillo mine, which is the second highest silver producer in the world, saw its output drop from 35.9 million oz in 2010 down to 30.3 million oz in 2011.

For sake of clarity, Fresnillo plc is the name of the largest primary silver mining company in the world that operates several gold and silver projects. Fresnillo is also the name of its largest silver mine. Cannington’s silver ore grades fell from 453 g/t (grams per ton) at year end in 2010 to an average of only 352 g/t compared to the same period in 2011. This damage of declining ore grades becomes even more apparent when we look at the total amount of ore milled each year. In 2010, Cannington milled a total of 3,075,000 tonnes of ore compared to 3,213,000 tonnes in 2011. Even with a small increase in total milled ore in 2011 over 2010; Cannington’s silver production decreased 16.5%.

 IN THE END There is a war going between those who favor gold-silver and others who are clinging onto the last remnants of the US Dollar. The tactics utilized by the fiat monetary authorities in this campaign have been strategic dumping of massive gold and silver contracts, as well as the control of market sentiment by negative hit pieces put out by MSM analysts. While the conspiracy to manipulate the precious metal markets is more than likely being accomplished by only a select few, the majority of the damage is taking place in computer algorithm trading programs and through clueless analysts who get paid to regurgitate the information that is spoon-fed to them.
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