April, 2010

Mulder FX Trade Tip: USD/CAD

Posted by Byung Koo at 12:40 pm

Canadian Dollar rallied last year from 1.30 USD/CAD to 0.9950 today. Recovery in oil price, gold prices and other metal prices gives Canadian Economy a major boost. Canada benefited form the Winter Olympic as well.  The question is; is it only good news at the horizon and could the CAD rally even further against the other major currencies?

We believe the rally will hold for at least the coming weeks and CAD will weaken against the U.S. dollar over the next three months. Looking at a long term chart (last 5 years). The rally will be stop around 0.98 and our target within three months, will be 1.07 around mid July!

Reasons:
The correction on the stock markets will be beneficial for the U.S Dollar against the Canadian Dollar.
Correction in Oil prices and other Metal prices (maybe except Gold) during the Summer. We predict an oil prices at 70-75 USD for next upcoming months.
Predictions of rate hikes by the Bank of Canada are unseemly.

Right now we already have a small position and are waiting to increase it when the CAD will rally to 0.98.

Trade wise and control your own money management before trading!

GBP/USD Trade Setup results in 700 pips Rally!!

Posted by Byung Koo at 2:05 am

Dear fellow FX Traders,

on 23th March we published an article for a possible trade setup.

The GBP/USD currency pair, target 1.5574, as can be seen we are already there 1.55 and a high of 1.5521. Within 1 month you could have earned a lot of money.

We have never been in serious trouble because of the strong support at 1.48, right now we are 700 pips higher. All of our clients to benefit of this trade setup and we still have some open positions in GBP/USD as a result of this bullish run we now have our outlook on possible short positions.

Benefit from the next possible rally: 6th of May elections in England, heading towards a split parliament most definitely resulting in uncertainty equals bad for currency.

Will you be there to benefit? become a client today!

March 2010 Currency Fund Performance 15,8%

Posted by Mulder Venture at 10:25 pm

We are well on our way towards Easter Weekend which can only mean one thing, it is already April and is it the time of the month to see how well we have done in March.

Although the month started our pretty rough we have managed to recover most of our positions and even succeeded to squeeze out a 15,8% profit in the end.

Which brings the grand total of the Live-Model Account to a staggering €234,945.

Happy Easter!

Performance Update Mulder Currency Fund. (March, 2010)

Join us now and profit from our currency fund as we continue to trade our way towards the ultimate goal.

Mulder Currency Fund the future of investing brought to your doorstep!

View the progress bar below for the current will status and the amount remaining to complete our goal of 1.000.000 euro.

Live Status Mulder Currency Fund

To receive a update on our status, please subscribe to our feed or follow us through Twitter

Account Summary and performance/trades overview will be posted weekly, to view this month’s “March Results” click here..

(click to open the PDF in a new window)

Today Last Chance to enter FX Competition!!

Posted by Mulder Venture at 6:28 am

April 1, the last day you can enter our FX Competition,.. Open your demo account now and start trading today!!

Trade your way to the top of our competition and you could be the winner of 500 euro by the end of May.

Current podium of our FX Competition:

1 Hennie Jansen van Lorkeers from the Netherlands (121%)
2 Pedrag Jovanovic from Serbia (121%)
3 One Boomi form Qatar (101%)

The table below gives a overview on the current ranking of the Mulder Forex Competition. (April 1)

We will post updates as changes have taken place or positions are being closed for profit or loss, so stay tuned..

If you have recently joined our competition and are not being able to spot your name in the FX Ranking Table please send us a email stating your name/account number and you will be added instantly.

If you have any questions regarding the Forex Competition or concerning current rankings please send us a email