Action Insight Weekly Report 10-1-11

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Action Insight Weekly Report	Markets Snapshot
Risk Recovery Short Lived, Dollar to Extend Rally in a Busy Week ahead Risk markets attempted a recovery last week on some positive news as Germany and Finland approved expansion of the EFSF while Troika returned to Greece finally. However, strength of the recovery was far from impressive and lost momentum towards the end of the week. While major US and European stock indices managed to hold well above recent low, the CRB commodity index made a new low on Friday and closed below 300 level for first in almost a year. Dollar index's retreat was rather shallow and was contained at 77.30 while Friday's rally put the index back pressing recent high of 78.86. This could also be reflected in major dollar pairs which lost momentum. Commodity currencies also turned weak with Canadian dollar and New Zealand dollar making new record low against US dollar. Full Report Here...
Featured Technical Report
EUR/USD Weekly Outlook EUR/USD turned into brief recovery last week but such recovery was likely finished at 1.3689 already. Initial bias is mildly on the downside this week for 1.3362 first. Break will confirm resumption of recent decline and should target 161.8% projection of 1.4939 to 1.3969 from 1.4548 at 1.2979, which is close to 1.3 psychological level. On the upside, above 1.3689 will delay the bearish case and bring more consolidations. But recovery is, nonetheless, expected to be limited below 1.3936 resistance and bring another fall eventually. Read more... EURUSD Technical Outlook USDJPY Technical Outlook GBPUSD Technical Outlook USDCHF Technical Outlook USDCAD Technical Outlook AUDUSD Technical Outlook EURJPY Technical Outlook EURGBP Technical Outlook EURCHF Technical Outlook GBPJPY Technical Outlook

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Suggested Readings

The Week in Review and Preview Weekly Economic and Financial Commentary September Ends With a Whimper The Weekly Bottom Line Poised For QE2? Weekly Focus: Policymakers Still Struggling to Find a Way ahead ECB: No Hasty Interest Rate Cuts

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Forex Currency Trading Systems - What is an Automated Forex Trading System?

Forex Currency Trading Systems

If you have started to look to the possibility of trading in the Forex market, you will no hesitation have come every where in the idea of paying an automated Forex trading system. But do you can identify what is involved? The word 'automated' reveals what you need to know about this type of system. Forex Currency Trading Systems

Most people who want to make money this way want to get started as quickly as possible without having to learn everything first. The Forex market is a complicated one and the level of knowledge required to trade successfully can preclude some people from getting involved. This is where an automated Forex trading system comes in. It is set up so that you don't have to know everything about the market. The software takes all the available data to predict what will happen next. If a currency looks set to rise it will use that knowledge to make what should be the best trade s. Forex Currency Trading Systems

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Evening Market Wrap

Evening Market Wrap Friday, September 30, 2011, 17:06 Contents Commentary Economic News Corporate News Currency Alerts Political News Commentary Stocks Close Sharply Lower Amid Renewed Economic Worries - U.S. Commentary With traders expressing renewed concerns about the global economic outlook, stocks saw significant weakness on Friday. The major averages all ended the day firmly in negative territory after turning in a mixed performance in the previous session. (Sep 30, 2011) Full Article Economic News U.S. Personal Income Shows Unexpected Drop In August Personal income in the U.S. showed a modest decrease in the month of August, according to a report released by the Commerce Department on Friday, although the report also showed a continued increase in personal spending. (Sep 30, 2011) Full Article Chicago Business Barometer Unexpectedly Indicates Faster Growth In September Business activity in the Chicago area unexpectedly expanded at an accelerated rate in the month of September, according to a report released by the Institute for Supply Management - Chicago on Friday. The ISM Chicago said its business barometer jumped to 60.4 in September from 56.5 in August, with a reading above 50 indicating growth. The increase came as a surprise to economists, who had expected the index to drop to 55.4. (Sep 30, 2011) Full Article Corporate News Alpha And Omega Semiconductor Cuts Q1 Revenue Outlook Power semiconductor provider Alpha and Omega Semiconductor Ltd. (AOSL) announced a cut in its first quarter revenue guidance to reflect continued softness in end user demands and reduced selling prices. Hamilton, Bermuda - based company now expects revenue in a range of $81 million to $83 million, while its prior guidance was between $83 million and $87 million. (Sep 30, 2011) Full Article Sun Healthcare Group Updates Full-Year Outlook Sun Healthcare Group Inc. (SUNH), on August 1, 2011, announced the withdrawal of its full-year 2011 guidance in order to have time to evaluate the impact of the final rule for skilled nursing facilities that was published by the Centers for Medicare and Medicaid Services or CMS on July 29, 2011. After completing that review, the company reissued and updated its full year 2011 outlook. (Sep 30, 2011) Full Article Kraft Foods Recalls 3 Varieties Of Velveeta Shells & Cheese Microwaveable Cups Kraft Foods Inc. (KFT) announced that Kraft Foods Global Inc. is voluntarily recalling three varieties of Velveeta Shells & Cheese Single Serve Microwaveable Cups with limited "best when used by" dates as a precaution due to the possible presence of small, thin wire bristle pieces. The recalling products are having the following "best when used by" dates. They are 16 MAY 2012; 24 APR 2012 to 16 MAY 2012; 25 MAR 2012 to 30 MAR 2012; 29 MAR 2012 to 12 APR 2012; 29 APR 2012 to 14 MAY 2012. (Sep 30, 2011) Full Article Currency Alerts Dollar Gains On Euro As Debt Woes Linger The dollar rallied versus the euro on Friday amid mounting concerns that Europe faces more hurdles to overcoming its economic malaise. The prospects for euro zone growth took a hit this morning with the release of data showing that euro zone inflation rose well above levels targeted by the European Central Bank. (Sep 30, 2011) Full Article Political News Obama Hails Killing Of American-Born Al Qaeda Cleric In Yemen President Barack Obama said that the killing of an American-born cleric with ties to al Qaeda in Yemen Friday was an important blow in the war on terrorism. Obama, speaking at a ceremony honoring the outgoing Chairman of the Joint Chiefs of Staff Adm. Mike Mullen, said that the cleric, Anwar al-Awlaki was a leader of al Qaeda in the Arabian Peninsula. (Sep 30, 2011) Full Article Home | Top Stories | Breaking News | Economic News | Forex | Politics | Featured Interviews Sent to autoforextradingpro@gmail.com | Customize your alerts | Unsubscribe Copyright © 2011 RTTNews. All rights reserved. By using this service, you agree to the Terms of Service

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Your Daily Update from The Project to Restore America

September 30, 2011

Dear Project To Restore America reader, Today, I have the pleasure of unveiling the official plan of action for The Project to Restore America directly from Porter Stansberry. He explains how we will get the three amendments passed... Balanced budgets for every level of government, sound money backed by gold, and Americans to keep 80% of their income...   How Will We Do It? First… With the help and full vetting of an influential government law expert, we’ve drafted the Restore America Pledge. Our goal with the Restore America Pledge? To have it signed by all candidates running for the following positions: U.S. President, U.S. House of Representatives, U.S. Senate, each state's House of Representatives, and each state's Senate. We accept that it will be difficult—if not impossible—to change the "old guard" politicians currently in the system. That’s why we’ll engage new candidates to back the Project pledge, and support our three “pillars,” before they get into the system. However, we will also try to get our existing state and federal legislators to sign on. The Restore America Pledge says, "I will vote for and support the following three amendments: Balanced budget, sound money, and the right for every individual to keep 80% of his/her income." Next, we’re in the process of setting up a volunteer network across the country, in all 50 states. PTRA volunteers will work with geographically-conducive campaign headquarters on this part of the process. The Project to Restore America will support our volunteers in holding organized, standardized PTRA rallies at each state capital while the legislators are in session. During elections, these same volunteers will be the liaisons between PTRA and candidates running for state and federal office. In addition, we will maintain a database of all signed pledges. Doing this allows us to do two things. One, we can easily reference candidates who have signed the pledge. Two, we can track legislative voting records to verify that, once the candidates get into office, they vote accordingly to their commitment. Ultimately, holding our elected officials accountable is the best way to get these three important amendments passed. Using our contacts in Washington, we will also be meeting with members in the U.S. House of Representatives and U.S. Senate to champion our cause and bring the amendments forward in the form of a bill. By following this proven process for a successful grassroots movement—most notably Grover Nordquist’s Americans for Tax Reform—we will pass the three amendments. No matter how long it takes, we will restore America to the great nation it once was… But I can’t do it alone. The more like-minded people we have, the louder our voice will be… There is nothing you have to buy, or pay for, ever, to be a member… I hope you like our free daily e-letter, the Daily Revolution. This is the best way to hear your suggestions and keep you updated on our progress. Using my network of contacts in politics, media, and business, we’re putting together some influential people to back our effort. We’re hosting a national conference on November 19, 2011 at The Venetian in Las Vegas. You will receive an invitation to this event next week… However, there will be a fee to attend this conference… Make sure you read next week's Friday e-letter for the details. We have lined up some excellent speakers… These well-known and influential individuals will speak about the three pillars and what we should do to get the three amendments passed. My friends in the media will join with us… along with business leaders… political thinkers… and folks across America like you. If we want the government to listen to us, we have to start talking with one, unified and loud voice. I've got a pretty loud microphone here with my publishing company. But I can't do it alone. I need your help. So continue to spread the word about The Project to Restore America… Sincerely, Porter Stansberry P.S. If you know other people who would be interested in the ideas of the Project to Restore America—balanced budgets, sound money, and the right of every US citizen to keep 80% of their income—please feel free to forward this email to them. The more people we have on board, the more we can make a difference. Regards, Wendy Bidwell Director, The Project to Restore America The Project to Restore America is a non-partisan call for a fiscally-responsible government, to bring true freedom to Americans as outlined in the Constitution. Each day, we will be sending you the most timely and important news and information on the three "pillars" of The Project: ✔ Balanced budgets for every level of government ✔ Sound money backed by gold ✔ The right for all Americans to keep 80% of his/her income This has nothing to do with Republicans, Democrats, or whatever political party you belong to. The system we have today has delivered ALL of us to the doorstep of national bankruptcy. Unless we reform the way we govern our country, by adopting the three Project "pillars" as amendments to the Constitution, we will lose the liberty that is our birthright as Americans. That is the goal for The Project to Restore America. Ultimately, our community will be a powerful vehicle for change. Let's move quickly!

Published by Harbor Publishing, LLC. The Project to Restore America welcomes comments or suggestions at wendy@theprojecttorestoreamerica.com. This address is for feedback only. © 2011 Harbor Publishing, LLC. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Harbor Publishing, 1217 Saint Paul Street, Baltimore, MD 21202. When you subscribe to The Project to Restore America via e-mail, your e-mail address is placed in a database and used to send your issues and occasional special offers. We will not sell or rent, or otherwise share your e-mail address with anyone. You can remove your address from our e-mailing list by following the instructions at the end of every e-mail we send. We will not add your name to our e-mail list without your permission. To unsubscribe from The Project to Restore America and any associated external offers, click here.

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