Posts Tagged ‘Trade’
Quote of the day:“Strange as it seems, no amount of learning can cure stupidity, and higher education positively fortifies it.” ~ Stephen Vizinczey Good morning. Risk sensitive currencies such as AUD fell yesterday, following the US equities. The euro held quite well and is still trading above 1.3400 where it found interim support. EURUSD Not much [...]
How to Trade Like a Congressman
by Marc Lichtenfeld, Investment U Senior Analyst
Wednesday, November 16, 2011: Issue #1644
I have a foolproof way of getting rich. It doesn’t involve signing up for one of The Oxford Club’s services, and it doesn’t require much risk because you already know the outcome. In fact, you’ll help decide it. All [...]
Quote of the day: “Ability will never catch up with the demand for it.” ~ Malcolm Forbes Good morning. The euro is in free fall testing bids near 1.3400 in risk-off trade. The dollar is recovering against its majors and there are some fresh breakouts to watch these days. EURUSD Last move towards 1.3850 where price [...]
While I do often focus – almost solely – on my five-minute Between the Greens set up this time of year there are sessions where there are other time frames with solid set ups. Triage is how I discover these opportunities and it’s all about comparing time frames and their market phases.
The next step is [...]
Quote of the day: “Everyone is born with genius, but most people only keep it a few minutes.” ~ Edgard Varese Good morning. Dollar is advancing higher while the euro, Aussie dollar and others are pulling back in risk-off trade as Italian bonds came under renewed pressure yesterday. The euro is already trading well below last [...]
Quote of the day:“Doubt whom you will, but never yourself.” ~ Christine Bovee Good morning. The euro changed course and declined after reaching a daily high at $1.3910 yesterday, but remains slightly bullish on short-term basis as recent recovery was quite strong. The German Zew and Bernanke’s speech later today are the most important events of [...]
Quote of the day:“If you can’t do what you want, do what you can.” ~ Lois McMaster Bujold Good morning. It’s been a volatile day in the markets yesterday as the dollar continues to lose ground against its most counterparts. The setups discussed yesterday played out nicely – but let’s see what story are the charts [...]
On a two-hourly chart the EURCAD is forming a nice ascending triangle for a LONG trade. Resistance can clearly be seen at 1.4240-1.4250 so a successful 2 hour close above 1.4260 could see fulfilment of this pattern.
The target would be the length of the “base” (being the resistance line) to the lowest trough. We’ve already [...]
By Elliott Wave International
You can find low-risk, high-probability trading opportunities by trading with the trend. The trick is to find the end of market [...]
