Thursday, February 25, 2010

Greece, Euro and what is really happening.

Greece and the Eurozone, looking at what is really happening in Greece. This is a 9 min documentary on what is happening. The angry youth, the unemployed, the under 25, taking to the street. a different look from CNBC and the Lame street press. Greek riots, day #3: Mayhem erupts in major cities

Market Maker Edge Day Trading course

S&P 500 Emini Day Trading Gap Friday February 26, 2010

S&P 500 Emini Futures Day Trading THE GAP [caption id="attachment_2066" align="alignleft" width="493" caption="S&P 500 Emini Day Trading Gap Friday February 26, 2010"][/caption] S&P Emini 500 Futures had a big 6 point gap down Thursday morning. Action rallied to come back to within a point of yesterday's close but never quite got there. There was high volume action today that yielded little change. Total volume was a well above average 2.7 million contracts. Trading range was 18.25 points, deeper than the average. true range of 15.0 points. The 1102.00 close makes the daily candlestick finish as a doji formation.. That reflects a market in decision. Trading has hovered around 1100 for the last few sessions.

S&P 500 day trading course

Forex day trading course Asia wrap

Forex day trading course The late Asian session was one massive exit from risk correlated trades which then pushed USD and JPY significantly higher. Early in the session, risk appetite was solid with US equity markets higher on the back of Bernanke's testimony. Bernanke stressed that the Fed would probability keep the federal funds rate "exceptionally low for an extended period." In addition, Bernanke was clearly intent on signaling that the recent hike in the discount rate does not automatically signal an adjustment to federal funds rate. The AUD was well supported in this early part of the session. The AUD was gaining support on three fronts, overall rally in risk, hawkish comment from a well respected RBA watcher and strong domestic economic data (CAPEX data showed Investments were up strongly in Q1 5.5% q/q vs 1.5% exp). But a rash of warnings from Moody's and S&P, as well as a UK telegraph piece suggesting the prospect of Germany rescuing Greece has declined slightly after recent comments. Although there will be a slew of interesting data today, including the important US durable Goods, the markets will clearly be driven by unfolding events from the EU. We still believe, in this environment, the USD and JPY will be to key beneficiaries of EU sovereign credit concerns.

Forex trading - live day trading course and currency trade room.

forex trading measured move on eurusd

Forex trading course looking for a measured move from support at 1.3460 to 1.3540-60 area for resistance and then a move to new lows.  Has to wind up a bit before pushing through this support. Could test two or more times. [caption id="attachment_458" align="alignleft" width="243" caption="forex trading measured move 1 hour chart Eurusd "]forex trading measured move 1 hour chart Eurusd [/caption]

Forex trading - live day trading course and currency trade room.

Forex day trading course EURUSD and GBP unlink

Forex trading course watching as the EURUSD and GBPUSD have seem to be  unlinking this am. [caption id="attachment_455" align="alignleft" width="274" caption="forex trading system feb 25 eurusd gbp unlink"]forex trading system feb 25 eurusd gbp unlink[/caption]

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