There is a good article by Albert Bozzo at CNBC.com.
I have previously posted shorter term charts of UUP, UDN, $DXY and $USDUPX. All of those charts show the Dollar approaching 2008 support levels. This long term chart shows that this support level goes back to 1988. What does it mean? I find it [...]
I’ve added a News Mashup which is in a similar format to the Trading Blog List. This is a place for me to quickly scan through the most recent news headlines. For example, I was able to find this video from the Madoff auction from the Digg feed.
Regarding today’s action, could it be different this [...]
I’m watching the EURUSD trade which is currently at $1.5042. Not surprisingly, futures are up. The ES is currently up +8. There is no major economic or earnings news this morning so barring an exogenous event causing a strengthening Dollar I would expect the markets to open to the upside this morning.
I am very confident [...]
Continue reading about Trading EURUSD and the Government Bubble
Last week I titled my Sunday post “What Will The Weekly Price Bar Look Like?” I chose that title for the purpose of pointing out not to get caught up in the daily gyrations. Last week was a whipsaw fest for those that traded directionally. One week later we can see that the market [...]
