I just logged into start my day and read a comment on the last post http://bit.ly/elyMUX that the 61.8% retracement also registered a good hit today during my downtime. Seconds later I see that the
Please don't get too excited by the title — we haven't decided to print money to give to our readers (though would not be a bad incentive….we'll let the U.S. Fed be our test dummies,
EUR/USD spikes mid-London, hits its head on the major downward sloping trendline at 1.2870 and starts to aggressively fade. CPI numbers, in line as always. Friday's German GDP catching up with traders after the worldwide
I have a routine. I have been doing it for years so it is something of a second nature to me. Having CONTROL is about as good as it gets for a trader and is
…..never underestimate the value of a major daily trendline getting whacked. As I write we are in the middle of the Asian session and EUR/USD is showing signs that its massive daily trendline is
[vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][dt_gap height=”15″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]This is a follow-up discussion regarding materials covered during my participation in a recent workshop. There were many great topics discussed though I found this area to be particularly relevant to everything we cover
Just another wake-up call in terms of this recession, chartoftheday illustrates the trend of % changes in nonfarm of recessions spanning 1950-1999 versus the current. Unemployment picture at 9.5% today yet most leading indicators coming
Abnormal movements like the ones we have seen in the past couple of days are rarely classified as good because volatility, in general, is the equivalent of holding up a massive sign that says “Something
Euro's Rejections Today….Where and Why