Forex Bull

GBPUSD continues its bearish move

2010-09-08T07:03:10Z

GBPUSD continues its downward movement from 1.5997 and the fall extended to as low as 1.5296 level. Key resistance is now at 1.5488, as long as this level holds, downtrend is expected to continue and next target would be at 1.5200 area. However, a break above 1.5488 key resistance will indicate that the downtrend from

Some Further Notes on Pocket Pivots

2010-09-08T06:48:40Z

Some further notes and thoughts to consider about the "Pocket Pivots".... The authors say that these work best with thinner stocks (under 750,000 shares or less than $30 million dollar volume) but also say these will fail and fall much quicker.??? However, they later discuss use the..

UPDATE – Japan capex stabilising, strong yen a threat

2010-09-08T06:19:03Z

[at Reuters] - * Yen near 15-year high versus dollar; risk trades suffer * BOJ seen willing to ease after political uncertainty ends

Japanese stocks pulled down by strong yen

2010-09-08T05:16:03Z

[at MarketWatch] - Japanese stocks headed sharply lower early Wednesday, after the yen hit a fresh 15-year high against the U.S. dollar overnight, weighing on key exporter shares.

FOREX-Euro rattled by bank scare, yen eyes new highs

2010-09-08T05:04:56Z

[at Reuters] - * Bank scare sends euro to record lows on Swiss franc, A$ * Yen up broadly, makes fresh 15-year high on US$ SYDNEY, Sept 8 - The euro was on the defensive on Wednesday as the latest scare over the euro zone banking system slapped it to lifetime lows against the Swiss franc and Australian dollar, while also boosting the safe-haven yen.

Stock Market Video – Using Telechart to Find Pocket Pivot Buy Points

2010-09-08T04:53:26Z

Hi traders.? I wanted to share an educational video on how to set up a "Pocket Pivot" scan in Telechart.?? If you are reading the book "Trade Like an O'Neil Disciple" along with me, you'll know what I am talking about.? If not, you'll have to check out the book and video to...

Bias + Fibs = Successful Trades

2010-09-08T04:50:28Z

Market tenor changed radically on Monday following Friday’s positive reaction to the NFP, as the European Sovereign Debt Crisis reared up once again.

Germans are wrong: the eurozone is good for them

2010-09-08T03:18:03Z

[at Financial Times] - Which country is the biggest gainer from the creation of the eurozone? My answer would be Germany. This view is hardly accepted in Germany itself

Dollar hits 15-year low vs yen, jumps vs euro

2010-09-08T02:14:56Z

[AP] - The dollar hit a fresh 15-year low versus the yen Tuesday, but jumped versus the euro and other currencies as concerns about the stability of European banks resurfaced.

CANADA FX DEBT-C$ slides on European fears, BoC decision looms

2010-09-08T01:58:18Z

Originally posted here: CANADA FX DEBT-C$ slides on European fears, BoC decision looms Subscribe to the comments for this post? Share this on del.icio.us Digg this! Post this on Diigo Share this on Facebook Post on Google Buzz Add this to Mister Wong Share this on Mixx Share this on Reddit Stumble upon something good? [...]

State of the Stock Market – 9/7/10

2010-09-08T01:15:59Z

With the market quite extended and at key resistance, a pullback was to be expected, and that's what we got today on Wall Street.?? Stocks started the day only slightly lower but sold off further in the first half hour of trading.?? They moved sideways from there through lunch... For the full article, please visit my website by clicking on the article title above.

The Dollar Picks Up with Volatility as Risk Aversion Sets In

2010-09-08T00:54:00Z

Go here to see the original: The Dollar Picks Up with Volatility as Risk Aversion Sets In Subscribe to the comments for this post? Share this on del.icio.us Digg this! Post this on Diigo Share this on Facebook Post on Google Buzz Add this to Mister Wong Share this on Mixx Share this on Reddit [...]

FOREX-Euro extends loss vs Swiss franc, hits record low

2010-09-07T23:35:50Z

[at Reuters] - The euro extended declines versus the Swiss franc to a record low on Tuesday as renewed worries about the European banking sector sparked risk aversion and boosted demand for the safe-haven franc.

MONEY MARKETS-Dollar Libor falls despite European bank worry

2010-09-07T23:19:39Z

Go here to read the rest: MONEY MARKETS-Dollar Libor falls despite European bank worry Subscribe to the comments for this post? Share this on del.icio.us Digg this! Post this on Diigo Share this on Facebook Post on Google Buzz Add this to Mister Wong Share this on Mixx Share this on Reddit Stumble upon something [...]

US Market Update: Dow -82 S&P -10 NASDAQ -17.4

2010-09-07T23:08:15Z

Renewed concern that Europe's debt crisis will worsen again galvanized weakening investor sentiment into the NY morning across a variety of asset classes.

Eurozone fears send investors to havens

2010-09-07T22:30:09Z

[at Financial Times] - Investor worries over the eurozone have deepened, hitting the markets of the single currency s weaker economies and sparking a flight to the safety of US Treasuries, German bunds, the yen and the Swiss franc.

EUR/USD Daily Review 7 Sep 10

2010-09-07T21:19:38Z

Simultaneous Release at TheGeekKnows.com – Learn Forex Trading and view EUR/USD Reviews. Good day forex trading koalas. How are you this day

Currencies: Yen hits a 15-year high against the dollar

2010-09-07T20:49:00Z

[at MarketWatch] - Renewed worries about Europe s banking sector are undercutting risk appetite and lifting the Japanese yen.

Yen hits a 15-year high against the dollar

2010-09-07T20:25:00Z

[at MarketWatch] - Renewed worries about Europe s banking sector are undercutting risk appetite and lifting the Japanese yen.

Japanese Yen Rallies on Risk Aversion, Euro Lags Behind

2010-09-07T19:49:00Z

[DailyFX] - The Japanese Yen rallied to a fresh yearly high against the greenback on Tuesday and is the best performing currency amongst the majors, while the Euro pared the decline from the previous week and slipped to a low of 1.2736 as investors scaled back their appetite for risk.