News

Will The ESMA Ban Binary Options

Mar. 17, 2018

Last December the ESMA, the European Securities and Markets Authority, shocked traders with news they were planning a blanket ban of all retail binary options trading. If they follow through with this and other proposed rules it could change the face of binary, forex and CFD trading forever. Along with a ban of binary options […]

Textbook Entry Point For Major Cryptocurrencies

Mar. 09, 2018

If You Missed The First Bounce… If you missed the first bounce cryptocurrencies made from their post-correction bottom they are doing it again. I don’t know any better way to say it that this, the major crytpocurrency pairs are offering text-book entries that buyers should not ignore. Sure, they may retest support and dip a […]

EUR/USD Market Forecast For March- Range Bound

Mar. 02, 2018

The EUR/USD Is Range Bound (And That’s Good News) It’s no secret that the EUR/USD is range bound. Anyone can look at a chart and see that it has been trading sideways between 1.2200 and 1.2550 since the middle of January. What most people don’t know is what’s causing this trend in the face of […]

More Proof That Banning Binary Options Doesn’t Work

Feb. 23, 2018

The Regulators Keep Fighting But The Scams Don’t Stop Binary options regulators keep fighting fraud but the scams just don’t stop popping up. To emphasize this point the Belgian regulator FSMA revealed some data that shows just how pervasive fraud, not just binary options fraud, can be. Their data shows the number of complaints rose […]

Cryptocurrency Market Rebound (It’s Happening Now)

Feb. 16, 2018

South Korea Says No Ban For Bitcoin After retracing more than 50% of its value the rebound in Bitcoin and the broader cryptocurrency market has begun. The correction was caused, among other things, by fears South Korea would ban all Bitcoin trading. The ban was nearly enacted but widespread outcry prevented it from happening. Now, […]

No Reprieve For Scams

Feb. 09, 2018

Israel’s Supreme Court Upholds Binary Options Ban Israel’s proposed ban of binary options, an industry that once generated $1.75 billion annually, has come into full effect. The last-ditch effort by brokers and tech providers to block the ban was denied. The nation’s supreme court has upheld the legislation stating that criteria for imposing a block […]

Bloodbath In Crypto Market Equals Entry For Bulls

Feb. 02, 2018

A Bottom Has Been Reached In The Crypto Market Not to say how strong that bottom is, or where it may lead (you never know what kind of news will emerge) but a bottom has been reached in the cryptocurrency markets. It’s taken quite a few weeks for us to reach it, we’ve seen a […]

Tug Of War Sparks Volatile Trading In EUR/USD

Jan. 26, 2018

Dollar Sinking Ahead Of FOMC Meeting The dollar has been losing ground in recent weeks on improvements in global economies and weaker than expected data in the US. The combination has packed a one-two punch to the dollar that has the dollar index trading at multiyear lows. With the FOMC meeting just a few days […]

Central Bank Meetings Ahead, Forex Outlook Cloudy

Jan. 19, 2018

An important round of central bank meetings is at hand. Important because there is some expectation one or more bank will indicate policy tightening is near and with it a subtle shift in the balance of powers. Until recently the FOMC has been the only bank on a path of policy tightening. Now, expectations for […]

Lee Elbaz, The G-Men Are Coming To Get You

Jan. 15, 2018

Joint Task Force Raids Israeli Based Tech Provider The FBI raided the headquarters of a Israeli based binary options technology provider SpotOption as part of an ongoing investigation. The raid was conducted alongside Israeli police in an effort to garner more evidence against Lee Elbaz. Elbaz is CEO of Yukom, the power behind such brokers […]