When I evaluated what was actually occurring in the market during the day I saw that generally a trend would establish in the morning and afternoon, which were easier to trade and make a profit off of. But throughout the mid-part of the day the volume dropped off significantly and the marketplace tended to form a consolidation that was much more difficult to trade and required more frequent trades. It was throughout this time that the losses significantly increased.
On the other hand, China's financial battle strategies are becoming more threatening. This year it started to assault the veteran position of the U.S. dollar as the basic currency in International Trade, encouraging using its currency, the yuan, in trade settlements. While still a small portion of trade settlements, it has had some success, using the Chinese yuan in worldwide settlements tripling in the 3rd quarter of this year. China and Russia have actually likewise released joint announcements that they will begin using their own currencies in bilateral trade between the two nations.
Each time a United States company goes to Europe and starts doing effectively, the European Union attacks it through their regulatory process. They've assaulted all of the excellent American business which have actually attempted to enter into that market. And yet if we were to do the exact same, and typically we don't; they shout bloody murder. The United States has been getting the shaft from the European Union for far too long.
Indeed, they have actually been attacking our country and our largest corporations through plans such as global warming, and they have actually done everything they can to stick it to us whenever we turn around. Now the EU remains in difficulty, and we warned them that they were going to get into difficulty, and they 'd really like us to assist. I 'd say it's time to short the Euro, and short all European corporations and banks, and take them down for the count.
I think at some point, I recognized that there were simply a lot of of these international fraudsters, trying to make a dollar of businesses so I stopped reacting. When I opened the one from a Texas site I had actually posted a classifieds website on, I had the usual sinking sensation and just erased it.
By taking the typical international trade trending times of a market into factor to consider and adjusting the time that you trade to match it, you too are likely to enhance your results. All it requires is for you to examine several days of a market in order to find which times are best for trading. While a market can trend at any time, trading when it is most likely to do so will make it a lot easier to trade.