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Trading Strategy

Hot Hands On A Hot Stove

There are a lot of services out there, educational or otherwise, that need to be taken with a “grain of salt”.Trade recommendations, talks about strategy and how to trade, etc., flood this market and in
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IFO Data Blowout; Euro Gaps

German IFO data comes in much stronger than expected at 109.3 vs expected 107.6. Euro's immediate reaction pulled it higher on the good news, quickly countered with some massive wallets looking to sell into the
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Geopolitics and Sovereign Debt Take The Risk Off

Two, relatively small nations border each other, both packing some of the largest forces on the planet. With images of artillery shells exploding on South Korean mainland being viewed across the globe, it is impossible
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Euro's Rejections Today….Where and Why

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
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Intraday Bounce: 50% Retracement Wins It

One way to slow down a trend:
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Ouch…Eur Must Have Hit Its Head On Something

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
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Cracking the Trendline

  …..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
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Identifying Entry Points Within Price Patterns

[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
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Something Is Wrong

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
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