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Adam Horak
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FOMC rate decision.

Started Mar 16

the market wrap 10-29

Started Oct. 29, 2009

sept non farm

Started Oct. 2, 2009

 

Adam Horak

Latest Activity

Adam Horak added a blog post
Release Date: March 16, 2010 For immediate release Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending i…
April 6
Adam Horak added a blog post
Price actions has been mixed today throughout the US session as the FED started its surprise FOMC meeting today at 1530 GMT time. The USD is likely to face increased volatility throughout the first part of the trading week as the FED may look to adj…
April 5
Adam Horak added a discussion
March 16
Adam Horak added a blog post
March 16
Adam Horak added a blog post
The Japanese economy threaten by the continues deflation risks with a continuing decline in prices which increases the pressure on the BOJ to combat the decline in the inflationary rates which affect negatively on the economic recovery for the secon…
February 26
Adam Horak added 3 blog posts
November 9, 2009
Adam Horak added a blog post
The Federal Open Market Committee (FOMC) decision on short term interest rate is due out tomorrow (Nov 4). The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to a…
November 3, 2009
Adam Horak added a discussion
THE MARKET The market was nothing short of thrilling today as dollar bears reemerged on the back of a strong GDP number. While that may sound a little confusing, it is the same old equation. Good US data means higher risk appetite, thereby driving…
October 29, 2009

Adam Horak's Blog

Adam Horak

FOMC

Release Date: March 16, 2010


For immediate release


Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software has risen signi

Continue

Posted on April 6, 2010 at 2:19pm —

Adam Horak

surprise FOMC meeting

Price actions has been mixed today throughout the US session as the FED started its surprise FOMC meeting today at 1530 GMT time. The USD is likely to face increased volatility throughout the first part of the trading week as the FED may look to adjust the discount arte by 25 bps to 0.75% following February’s adjustment. According to the FOMC “these changes are intended as further normalization

Continue

Posted on April 5, 2010 at 2:09pm —

Adam Horak

FOMC rate decision

Posted on March 16, 2010 at 2:23pm —

Adam Horak

BOJ

The Japanese economy threaten by the continues deflation risks with a continuing decline in prices which increases the pressure on the BOJ to combat the decline in the inflationary rates which affect negatively on the economic recovery for the second largest global economy.


The Japanese economic has announced today the consumer price index during January which fall by %1.3 compared with the pervious decrease by %1.7 and the expectations was leading to a decrease with %1.4, while the co

Continue

Posted on February 26, 2010 at 12:12am —

Adam Horak

money management formula

Money management formula

Account balance times percent of acceptable loss gives you the amount of money you are willing to lose in a trade divided by the numbers of pips in your stop equals the number of lots you can trade.


This is really is a simple calculation, but a few simple rules too follow.

1) Your account balance; account balance multiplied by no more than .05 equals (5)% of your account balance, which is the most I want to have at risk at any one time (example: $5,000 mini account t… Continue

Posted on November 9, 2009 at 2:09pm —

Comment Wall (12 comments)

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At 1:07pm on February 2, 2010, Joshua Flores said…
Hi Adam, first of all let me say I’m very excited to know you’ll be helping me develop a trading game plan that works for me. Ok now let me tell you my schedule and what I think I need help on. I work from 6am-4:15pm with a 2 hour lunch break from 11am-1pm. Throughout my lunch break I take my notebook to work and spend some time working on my demo account because I don’t have much time in the morning. Plus in about 2 or 3 weeks I will be starting a second job from 5:30pm-6:30pm as a boxing instructor. Now that’s my schedule from Mon-Fri so obviously on the weekends I try to relax as much as I can. My main goal for having this software is to be able to do this full-time but if I can make at least an extra $1,000.00 or more a month working around my current schedule I’ll be happy only because I know it’ll only be a matter of time until I can do this full-time as my main business which is my ultimate goal.
As for my trading well I’m trading on a 15min time frame and after listening to James Dicks Webinar from October of 2008. He mentioned that most traders only look at 4 major pairs and don’t spend more than 4 hours on a computer a day. So I started focusing on the EUR/USD and so far that’s the only one I’ve been trying to understand. For example today from 11am to 12:45pm it went up almost 15 pips. But I didn’t see eat coming, mainly all four points weren’t in the green. So I ask you am I looking at the right time frame for someone like me? Should I look as many pairs as I can in the little free time that I have? My last 3 attempts trading in this pair with my demo account weren’t so bad 2 out of 3 I made just under 20 pips each and I lost 15 pips on my third attempt. So what changes can I make to help me with my game plan?
At 10:43am on October 21, 2009, Adam Horak added a gift to their profile…
you know its the 24th happy b day to me
At 10:43am on October 21, 2009, Adam Horak added a gift to their profile…
im a supporter
At 11:10pm on January 2, 2009, Dr Chris said…
Yeah..me too....i make that face all the time. I must admit that the picture is not really ME. It is my dad.(he takes a better pic than me). Anyway wishing you a great and posper new year. Take Care.

DrChris
At 12:32pm on October 21, 2008, Dino Rampersaud said…
Hey Adam, I listen to your morning show everyday. You give great advice. Your show help me regain my confidence after making alot of trading mistakes in the past. Now thanks to you I'm back in the game. Thanks again.Dino
At 11:59pm on August 6, 2008, Constance Crawford said…
Greetings Adam, I have been trading with Premiere Trade off and on for the last year and find the webinars very informative and helpful - especially the 07:00 am and the new 10:00 am show. Keep up the good work and Thanks a Million.
At 8:05pm on August 4, 2008, Randy Orr said…
Thanks for noticing my picture. I was so overwhelmed with the beauty of the Hawaii, I forgot to hit the ball. By the way, I think what you are doing is great and I love the Forex. Thanks for the tips.
At 1:38pm on August 1, 2008, Michael Stevens said…
Hey adam my name is mike i've been trading with Premiere trade / forex market for about 16 month i ran throught alot of system and really havent found that one were i hv at least 80% winning trades. I really like trading of the "charting platform" can you refer me to a radio broadcast were they discuse different systems
At 10:15pm on July 29, 2008, Dr Chris said…
Yeah adam//that was funny. That was the closest pic i had. That is what i look like in the morning. Looking forward to the Usd strength tomorrow.
At 5:13pm on July 24, 2008, Jim said…
Thanks, A. That makes much more conservative sense. So you never have more than 5% of your trading account at risk at any given time. Whether one trade or five, the total money between purchase and stop loss is 5%. If you lose money on a trade, the money at risk on the next trade is less since you are using 5% of the new, lower balance. Correct?

I see this will make your account grow slower if I'm right but last longer if I'm wrong. Good advice - thx.
 
 
 

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