Monthly Archives: October 2010
A Paralyzed Fed Defers Decision On Monetary Policy To Primary Dealers In An Act That Can Only Be Classified As TREASON
| October 30, 2010 | Posted by admin under Food for Thought |
Zero Hedge puts out some interesting content, especially when it comes to these main issues. I find it preposterous how this current corrupt system can go on, in the light that it is completely criminal – it is outright theft. The article below, which can orginally be found here: http://www.zerohedge.com/article/paralyzed-fed-defers-decision-monetary-policy-primary-dealers, explains. A Paralyzed Fed Defers Decision On Monetary…
Think and Grow Poor
| October 26, 2010 | Posted by admin under Food for Thought |
Fellow Investor, Think, and grow poor… I know it sounds crazy, but that’s exactly what many investors do. They literally over think the market and therefore miss out on the big moves. Let’s take a look at the current crazy financial conditions that an everyday investor has to deal with in the US: * The…
Forex Analysis – EUR/USD, USD/JPY and EUR/JPY
| October 24, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
Fairly tame week for the EUR/USD, USD/JPY and EUR/JPY. The EUR/USD is in a consolidation pattern after hit the target area. The high of the pattern is 1.4160 and the low 1.3700. Movement above the high indicates another move higher with a target of 1.4600. This aligns with the January swing high. Movement below 1.3700…
Stocks in Primary Advance, But Once Again Choppy
| October 24, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Trading was more choppy this week, as stocks stayed within a band. The chart below shows the S&P 500 compared to the Dow Jones Industrial and the NASDAQ Composite through 2010. The NASDAQ has been stronger through much of the year, and continues to lead the other indexes higher. The S&P remains in an uptrend,…
Is the “Stimulus” Working?
| October 23, 2010 | Posted by admin under Food for Thought, Stock Market Analysis |
The S-word By Colin Twiggs October 23, 2010 0:30 a.m. EDT (3:30 p.m. AEDT) These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use. Ben Bernanke and I have little in common, but we share…
Financial Market Recap – Friday, Oct 22
| October 23, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Welcome to the weekend (shame isn’t it!). Just a few quick points about the market today: Gold finished lower on the week, but remains in an uptrend. December gold (GCZ0) closed out at 1327.90. The S&P was contained to a rather tight range today, with little movement in the afternoon. The NASDAQ was stronger and…
The #1 Reason Gold Collapsed
| October 21, 2010 | Posted by admin under Commodity Analysis, Day Trading Ideas, Swing Trading Ideas |
The following video and comments come from another analyst. What are your thoughts on gold? My analysis is a couple posts back on the blog. The following video contains some good educational content. Following the gold market as we do here at MarketClub, it was amazing that nobody, and I mean nobody, was bearish on…
Transitioning Between Market Environments (range trading to trend trading, or vice versa)
| October 20, 2010 | Posted by admin under Food for Thought, Intro to Trading, Techncial Analysis Tutorials |
How are you equipped to move from one type of market to another? If the market you trade is choppy will your profits decline or losses mount? Do you thrive in this environment, but get killed when a trend emerges? Do you make money in trends, but a range emerging or false breakouts scare the…
627 pips in 1 day?!
| October 20, 2010 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
If you’re still “on the fence” about Bill Poulos’s Forex Profit Multiplier trade alert software, you may want to get off it and get in on the action, because you’re missing out on a LOT. Bill already published a video last week showing how 4 out of 4 trade alerts that triggered all turned a profit. Well, his…
Gold Retracing – Levels to Watch
| October 20, 2010 | Posted by admin under Commodity Analysis, Day Trading Ideas, Swing Trading Ideas |
Gold fell aggressively on Tuesday, covering a $43 dollar range. It closed out the day at 1335.80. December Gold (GCZ0) currently trades at 1338.20. While the upward sloping trendline has not been touched, it is being approached. The trendline currently intersects at 1310. A reversal below that point (it has not happened yet, and may not) signals…
predict the next 8 hours of 6 Forex markets? (it’s LIVE)
| October 19, 2010 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
It’s time – * The Forex Profit Multiplier is LIVE! Get it here: http://www.forexprofitmultiplier.com/z/?i=1083859&l=f11 Make sure you watch the ENTIRE presentation on that page — it reveals some BRAND NEW, SURPRISE EXTRAS you’re going to get when you enroll in the program today… I’ve been following Bill Poulos for some time, and I can say…
Impact of the Depreciating Dollar – Currency Wars
| October 18, 2010 | Posted by admin under Food for Thought |
The following comes from Larry Levin of Trading Advantage, but includes another piece sourced in the article. Interesting read. I would add (in addition to the article below) that another concern with the depreciation of the dollar is the stock market (and other US financial markets). As the dollar falls, why would money continue to…
EUR/USD, USD/JPY and EUR/JPY Updates…Beware!
| October 18, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
EUR/USD has hit all the upside targets, and even surpassed the target area which had a high of 1.400. The pair got as a high as 1.4158 but has now reverted back into our target area which was 1.3800-1.4000 (currently trades at 1.3919). This was the target area because I expected some resistance based on…
Video: The Versatility of the (Elliott) Wave Principle
| October 17, 2010 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Video: The Versatility of the Wave PrincipleTimeless Trading Lesson In the video below, EWI senior analyst and trading instructor Jeffrey Kennedy shows how the Wave Principle can help you identify a high-probability trade set up regardless of the direction of the larger trend. This timeless educational video was taken from Jeffrey’s renowned Trader’s Classroom series…
Stock Market Inches Higher as Financials Struggle
| October 17, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The stock market put in a small gain this week with the S&P 500 closing out the week at 1176.19. The short-term target was hit at 1180 during the week. If the market can continue to advance beyond recent highs at 1184.38 then the larger chart formation target remains in place - 1220. Interesting to…
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