S&P downgrades US credit rating from AAA

This is BIG news that the US credit rating was downgraded Friday after the stock market closed. This is the first time ever and I sense the effects will be great. What I heard is that if this should happen..and it has..then the credit rating of hundreds of other big companies will also be down-graded which will be a domino effect negatively impacting the market.

This past week the markets were very volatile and the Dow made a big drop. I think next week will be another big drop..there is also a rate statement (FOMC) by the Fed on Tuesday which is one of the most volatile events of the month.

Full story here: http://finance.yahoo.com/news/SampP-downgrades-US-credit-apf-2107320979.html

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Currency Trader August 2011 Issue

Free Download Available for the latest issue of Currency Trader magazine HERE.

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Last Week's Top Performers

Top 3 performers of SecretsFromTheHeart.com Forex trading robots last week were PipBandit on the new testing settings running non-stop made $1,496.31 (lots .3 & .4), Trump2G made $1,253.15 (lots .1 – 1.9) and PipBandit on the new testing settings(filtering events) made $968.39 (lots .3 & .4).

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FX News Data XLS Updated

The FX News Data XLS file has been updated with events logged from 8/1/05 through 7/23/11.

This file is a list of the main economic events that impacted market movement. This is especially helpful when analyzing data and results from back testing a trading strategy.

To download the free file go to the Forex Home tab and look under 'Education'.

Click HERE to go to Forex Home.

To Your Success

Last Week's Top Performers

Top 3 performers of SecretsFromTheHeart.com trading robots last week were PipBandit on the new testing settings made $1,378.87 (lots .3 & .4), Trump2G made $717.37 and HeikenGale made $83.48. Try PipBandit and HeikenGale robots in the SecretsFromTheHeart.com VIP membership area.