Michael Michaud's  Instablog

Looking for the secret of making it big in Forex? This might help. Click here for more info.

Before I tell you about this little system that you can pick up today, it's important that you know that it will only be there for a short time. It's called the "Pip Key" system. A few people who were on Piet Swart's webinar last week got an advanced copy, and they are going nuts over it. More about that in a minute.

Most people don't have time to learn a system.

Did you know that the most common problem people have these days is that they just don't have time to learn how to trade, or spend hours in front of a computer screen?

In fact, most people are totally turned off by complicated systems that you need hours of email support back and forth to learn. Here's the good news - a small time farmer who has made the first truly simple Forex system that performs better than any other system out there.

His name is Piet Swart and he knows what it's like to go through hard times. It wasn't that long ago that he lost his farm and they called him a bad risk. Those same people now call him up every day asking for advice about what to trade and how to trade it.

The best way to get to know Piet is to go to his website and watch his story. The video is called "A Farmers Story". It's probably the best time you could spend in the next few minutes.

Piet's also released a brilliant trading system that's simple to learn and comes with its own MT4 indicator that makes the system easy to use.

4 hours of absolute Gold (Value priceless)

On the same page, you will also see over 4 hours of webinars that he recorded especially to help traders. I think his true character shines through in these talks, and I highly recommend you watch them and take notes.

There are 3 places in Piet's "Map Room" up for grabs.

Piet has a very special private member's area he calls his "Map Room". This is where he and a few handpicked people map out trades according to Piet's system. You work side by side with Piet and everyone in that room is making a killing.

Would you like to know how he does it?

Well, just try the Pip Key system, watch his life story video, or watch one of his webinars. Basically just engage with Piet and leave a comment. He will pick 3 people whom he believes have said something meaningful and invite them to join him to learn the "Forex Income Map" system and members area.

Nobody has ever made Forex trading this simple. I think there is a genius in the way he trades, and you can't argue with results! Get your copy of Pip Key here:

Click Here to Review Currency Forecast Service

May 21, 2012 - EUR/USD: What Happens After the 600-Pip Selloff? - By Elliott Wave International

Between May 1 and May 18, the euro lost to the U.S. dollar over 600 pips, or 6 full cents. "Sell in May," indeed. We've shown you in a recent article how Elliott wave analysis helped forex traders capture the bulk of that selloff. But what about now? EUR/USD has gained about 150 pips already off that May 18 low...is that a dead cat bounce, or the start of a move to new highs?

If you know Elliott wave analysis, you can answer that question simply by looking at this chart. Our forex-focused Currency Specialty Service showed it to subscribers on May 18, near the day's low (some wave labels have been erased for this article)

EURUSD (Intraday)
Posted On: May 18 2012 11:28AM ET / May 18 2012 3:28PM GMT
Last Price: 1.2735

As you can see, our Currency Specialty Service has labeled the May 1-18 selloff in 5 waves. You know instantly what it implies for both the short and long-term trends -- if you know Elliott:

Short-term: every 5-wave move is corrected by a 3 wave move

Long-term: 5-wave moves indicate the larger trend.

Simple? Yes. Want to know the exact short- and long-term Elliott wave price targets for EUR/USD? You'll find them inside Currency Specialty Service now.

How Many Forex Opportunities Are There In 24 Hours?

As many as you can catch. Forex markets only stop for the weekend, but during the week, it's 24-hour action.

Our Currency Specialty Service is with you 24 hours a day, too. You get intraday updates on 12 most-traded forex pairs around the clock -- literally.

Click here to review exactly what you get with Currency Specialty Service.

Click Here for the Free Video How To Trade For Passive Income

Morningstar Investment Research Take on the Facebook IPO

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I don't have a buy or sell stock pick this week as I usally do. Stocks are oversold and look like they could continue lower with the US Dollar heading higher for the time being. Instead this week I've got information on the Facebook IPO from Morningstar.

Facebook's debut has unsurprisingly been one of the most talked about tech IPOs in years. The sheer size of the offering, the ubiquity of its service, and the lack of growth elsewhere in the market has led to a very high level of interest from investors of all stripes. But is this excitement warranted?

To find out, we've cut through the hype and taken a deep dive into the company's fundamentals and its competitive advantages. The bottom line for investors, according to Morningstar's Rick Summer, is that Facebook is a wonderful wide-moat business. But a choppy growth trajectory will likely send shares lower at some point providing investors an entry point at a much more attractive valuation.

Facebook a Future Advertising Force

Morningstar's Rick Summer sees Facebook and Google dominating the Internet advertising market as Facebook finds better ways to monetize its massive user base.

Facebook Poised for Massive Revenue, Cash Flow Growth

Facebook's trove of data on its users is its ace in the hole as it races to develop new revenue streams.

How Facebook Dug Its Wide Moat

Facebook has a wide economic moat based on its 'social graph,' communications layer, and competitively advantaged platform for brands, application developers, and advertisers.

Full Facebook Analyst Report

Facebook has a bright future, but revenue growth and profits may stumble in the near term.

First Day Pop Doesn't Spell Long-Term Success for IPOs

Recent tech IPOs have had great first days, but performance has lagged since then, says Morningstar's James Krapfel.

How Facebook Will Sneak Into Your ETFs

Facebook will be added to the holdings of several of these exchange-traded funds soon. Other funds, however, won't be graced with the presence of the social-networking giant for weeks--or months--to come.

4 Things Not to 'Like' About the Facebook IPO

Facebook has a solid business right now, but keep these weaknesses in mind before getting too excited.

Facebook's $100 Billion Valuation May Not Be Heroic

It will be a volatile ride, but Facebook's strong competitive advantages and growth opportunities could be the recipe for a hefty valuation, says Morningstar's Rick Summer.

Investing in Facebook: An IPO for Fools?

Investing in the Facebook IPO might not get you the returns you are looking for in the long run.

Huge Facebook IPO, Small Impact on Funds

Facebook's IPO will be huge for company insiders and early investors, but it probably won't be as much a boon for mutual fund investors.

Nygren: Taking a Pass on Facebook

There are plenty of other more attractively priced businesses in the market right now, says Oakmark's Bill Nygren.

Click here for a free trial of Morningstar Investment Research and in depth analysis of the Facebook IPO along with the rest of the equities markets.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.