Enron, the energy giant that failed in 2001 after an accounting fraud, was previously named Forbes’ “Company of the Year” for six consecutive. That award pushed analysts to recommend ENRNQ share as a buy. 

However, the stocks failed after a corruption scandal and an accounting fraud. Author Ed Ponsi explains how technical analysis could help independent analyst to know what they had to know to avoid this investment. 

“There is always something that you don’t know, and worse is that you don’t know what you don’t know… but the price never lies.”

Watch the full webinar: STOP losing money with technical analysis!

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Editors’ Picks

EUR/USD holds onto highs despite souring mood

EUR/USD is trading above 1.22 but off the highs. US Durable Goods Orders jumped by 3.4% in January, better than expected, and jobless claims surprised with a fall to 730K. Q4 GDP upgraded to 4.1%, as expected. The dollar is down despite falling stocks and rising US yields.

EUR/USD News

GBP/USD advances towards 1.42 on dollar weakness

GBP/USD has been advancing as the dollar retreats despite higher yields and as markets cheer Fed Chair Powell's pledge to accommodative monetary policy.

GBP/USD News

USD/JPY: Bulls in control above 106.00, move beyond monthly tops awaited

USD/JPY continued gaining traction for the third straight session on Thursday. The formation of an ascending channel supports prospects for additional gains. Bulls seem poised to challenge channel resistance near the 106.70-75 region.

USD/JPY News

Editors’ Picks

EUR/USD holds onto highs despite souring mood

EUR/USD is trading above 1.22 but off the highs. US Durable Goods Orders jumped by 3.4% in January, better than expected, and jobless claims surprised with a fall to 730K. Q4 GDP upgraded to 4.1%, as expected. The dollar is down despite falling stocks and rising US yields.

EUR/USD News

GBP/USD advances towards 1.42 on dollar weakness

GBP/USD has been advancing as the dollar retreats despite higher yields and as markets cheer Fed Chair Powell's pledge to accommodative monetary policy.

GBP/USD News

USD/JPY: Bulls in control above 106.00, move beyond monthly tops awaited

USD/JPY continued gaining traction for the third straight session on Thursday. The formation of an ascending channel supports prospects for additional gains. Bulls seem poised to challenge channel resistance near the 106.70-75 region.

USD/JPY News

S&P 500: Day Ahead Outlook Inflation fears linger as doves hit turbulence

US equity markets look for direction on Thursday with mixed signals leading to steady and slightly lower trade. Inflation concerns haven't gone away as the US 10 year hits another year high at nearly 1.5%.

Read more

XAU/USD drops further to $1770 ahead of critical support

Gold dropped further during the American session and bottomed at $1769, the lowest level since last Friday. The metal erased weekly gains and is back below $1780 as US yields keep rising.

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