Monthly Archives: April 2010

Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part III

I recently came across this three part articles and decided to share it with my readers.  Part 1 and 2 have already been posted and be seen using the links below.  Part 3 is below. See Part 1 here: http://vantagepointtrading.com/archives/3288 See Part 2 here: http://vantagepointtrading.com/archives/3296 Now, on to Part 3… Goldman Sachs Charged With Fraud: Who Could…

Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part II

I recently came across this three part articles and decided to share it with my readers.  Part 1 has already been posted and be seen using the link below.  Part 2 is below and Part 3 will be posted tomorrow. See Part 1 here: http://vantagepointtrading.com/archives/3288 Now on to Part 2… Goldman Sachs Charged With Fraud:…

EUR/USD Consolidates…for now

With all the news out about Greece, Spain Portugal etc, the EUR/USD seemed to take a bit of a breather Thursday as it edged higher.  Briefly the pair moved above the former days high but could not sustain those levels. Therefore short-term levels to watch are the Thursday high at 1.3280.  A rise above indicates…

Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part 1

I recently came across this three part series on Goldman Sachs.  I will post the remains two parts over the next two days as given recent events the information is relevent and important. Goldman Sachs Charged With Fraud: Who Could Have Guessed? Part 1 The firm’s history suggests its vulnerability in periods of negative social…

EUR/USD Puts In New Recent Low

EUR/USD daily outlook: April 28 Being unable to climb back above 1.3400 the pair fell aggressively on Tuesday, once again putting in new (recent) lows.  The new low indicates a target of 1.3000.  A move back below Tuesday’s low near 1.3140 will set this up. Failure to reach those lows again, and given the choppy trading as…

Euro Paws Back Some Losses

Daily EUR/USD outlook: April 27 After putting in a new swing low last week, the pair manged to gain some of those losses back in early trading this week. Currently the pair sits around 1.3400, a continued push above Monday’s high near 1.3420 indicates further short-term strength.  An inability to stay above 1.3400 means a likely retest of 1.3300,…

An Alternative to High-Priced Trading Courses

Dear Fellow Investor/Trader, If you have not had the chance, I strongly recommend that you check out this educational resource for traders, as it’s something I personally use and enjoy. It’s called Trend TV and I have an “on-the-house” preview just for Vantage Point Trading members … Watch here instantly! http://www.ino.com/info/488/CD3784/&dp=0&l=0&campaignid=16 You see, it’s no longer necessary to…

EUR/USD: Mother of False Breakouts (at least right now)

I used to include a caption below my name when I wrote an analysis, that caption was: “Remember, False Breakouts are Tradable Too!” It was meant to be a reminder that just because a trade looks like it may not be working out, does not mean there isn’t money potential there.  In fact, false breakouts…

Stock Market Climbs to New 52 Week Highs

The S&P 500 Index, Dow Jones and NASAQ COMPQX all finished at new 52 week highs this week.  Strong buying right into the close of trading ended the day, week and approximately the last 20 months on their highest notes. While the aggressive trendline which began in February was “threatened,” the S&P at no point closed below…

EUR/USD: Euro Sell Off Breaks Swing Lows

On Thursday the Euro sold off aggressively moving below support and former lows.  Breaking the lows was a bearish signal.  A move below the Thursday low at 1.3200 indicates targets at 1.3160 and a further out target of 1.3000. Minor resistance on the upside is at 1.3260 followed by 1.3320 and 1.3360.  Despite the breakout, trading has been choppy…

Crude and Gold Analyzed on Video

Pick your preferred market or watch them both.  Adam takes a look at the crude oil and gold markets in the two videos.  Enjoy… ——————————————————- Has crude oil topped out for the year? ——————————————————- There is no doubt about it, crude oil has been very choppy. There are two camps involved in the crude oil market: one…

EUR/USD: Meandering Lower

After a strong run up a couple weeks ago the pair has meandered lower over the last week. It could not quite reach support at 1.3340 on Wednesday but the pronounced move was to the down side.  A drop below 1.3355 would indicate a move to this minor support level with support beyond it at…

Stocks to Watch Wednesday

EverythingDayTrading.com posted some day trading stocks to watch along with levels to watch. View the post here:   http://everythingdaytrading.com/archives/879 Cheers.

EUR/USD: On Support at 1.3420 2 Days in a Row

After managing to climb above 1.3500 the pair quickly retreated and has found support once again in the 1.3420 region. If the pair manages to get below 1.3420. Support below is at 1.3380 and 1.3340.  If the latter level is penetrated it means a likely test of the lows at 1.3280 with minor support along…

EUR/USD: Bounces off Old Trendline

In yesterday’s analysis the old daily trendline was mentioned: 1.3420 was the approximate level of that trendline on Monday and the Euro pair bounced higher off of it after trading in that area for several hours. A short-term swing high is in place at 1.3500 a rise back above that indicates further stregnth in the…

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