Lower than normal volatility was the norm during today’s New York session for currencies and U.S. equity indexes alike. However, there were still opportunities to realize profit in the foreign exchange market. For example, a long trade setup on the EUR/USD currency pair produced between 15 to 45 pips [depending on entry and exit strategy]. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO - New York Session Review - November 18, 2009
Source: blogs.fxstreet.com
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FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009
Inter-market correlation pointed to a rally on the EUR/USD currency pair during the first 30 minutes of today’s US equity market session. The rally broke a downtrend line, and a conservative long trade entry came in the form of a re-test of that former source of resistance. A 60-pip profit...
Obviously the model is still out of form!
Apologies for the slight break in transmission, suffered some minor technical difficulties. Not much has luckily happened in the interim although the s/t model signal isn’t looking too good with EUR/JPY drifting lower, currently at 136.85. Maybe we should use them as a reverse indicator and...
Black Monday: Ancient History Or Imminent Future?
The following article includes analysis from Robert Prechter’s Elliott Wave Theorist. For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings that challenge conventional...
FOREX VIDEO - New York Session Review - August 10, 2009
The GBP/USD was the only major currency pair which had shown any significant movement during today’s London session. By the open of the New York session, traders had both technical and fundamental reasons to short the cable. A profit of between 65 and 180 pips (depending on exit strategy) was...
Barnes & Noble In Talks To Sell Nook Products In U.K.
Bloomberg, citing a source, reported that Barnes & Noble (NYSE:BKS) is in talks with the U.K.’s Waterstones Booksellers to sell...