Greetings!

For the moment, we're seeing some continued strength in the U.S. Dollar verses the other major currencies. We feel this may continue through part of the summer or we could just see the market settle into a more range-bound aspect as is common for this time of year with people leaving for their summer vacations.

We're also experiencing some major corrections in precious metals. As some of you are aware, silver has dropped dramatically following it's spike earlier this year. Gold, on the other hand has held it's own a little better and appears to be stabilizing.

Traditionally, the markets don't trend as much as they do when there's a full work force. Keep an eye out for some nice dips in gold and silver if you're looking for a hedge in your account. We recommend holding 10%-15% in gold and silver to hedge yourself against the Dollar.

Heading into the end of year, we're seeing the Dollar under more and more pressure. In June, the Fed will be deciding whether to continue quantitative easing. We feel no matter what they decide, their fiat practice of interjecting currency into the market will continue towards the latter part of the year, which everyone knows will make the Dollar drop like a rock.

If a correction does occur, we think it will happen during the dead of summer when it's assumed that everyone is on vacation and asleep!

Look for the EUR to do what's called a “Dead Man's Bounce”, rising to somewhere around 1.4188 then dropping some with more downside clear down to 1.3700.

Hey, have you seen our “Extreme Trader Account”? It has a minimum deposit of $3,500 with a bit higher risk/reward, but traded exactly the same as our “Managed Signal Account”!

Good Trading To All...