Category: Market Commentary
Trading the British Pound
Sterling Testing Long-term Support With so much turmoil in the marketplace most of the attention has been on the U.S. dollar and the euro; however, it is important to not lose focus on another major currency, which is the British pound. Because of its close proximity to the euro zone, the British economy has been [...]
View PostTrading the Australian Dollar
Aussie Dollar: Welcome to the Land Down Under The one shining light in the global economy has been commodity markets, which is why many investors have been investing in countries with strong natural resource industries like mining, forestry and agriculture. Most traders refer to these countries and their currencies as commodity currencies; two of the [...]
Eurozone Bailout what it means for day traders
By now everyone has heard the big news out of Europe. After pulling an all-nighter on Wednesday, Politicians were able to come up with an agreement to try to resolve the economic crisis and instil some confidence in the marketplace. The good news is that after watching today’s market action, it appears they have accomplished [...]
Is now the time to buy gold
Since the first financial crisis in 2008 gold has been a great play for traders and long term investors. In October 2008 gold hit a low of $681.00 an ounce and three years later on Sept. 6 2011 prices hit a high of 1,923.70 an ounce. However, the question many traders are now asking themselves [...]
10 year notes
U.S. Treasuries were probably one of the most boring investment vehicles on the market. They were mostly used by long-term investors who were happy receiving 5% interest on a guaranteed security. However, the 2008 financial crisis change all that and the recent volatility in 10-year treasury notes has provided some great opportunities for futures traders. [...]
Market Update Sept 30 2011
Dow, SP’s, Nasdaq, Oil, Gold, Currencies GOLD Gold is still the top of our recap because it still continues to attract investor attention. Because of its sharp moves, it takes a lot of experience to trade. However, for those who know what to look for can make some great profits. The yellow metal started last [...]
What is Moving the US Dollar
What is moving U.S. dollar Index Futures U.S. Dollar Index futures have been an interest trade in the last few years and traders who understand some of the recent market moves have been able to make some big profits. In the last few weeks the U.S. dollar index has made some significant gains and with [...]
How to Trade the Gap
How to trade gaps Many (many) years ago when I first started intra day trading I heard the expressions ‘Fade the Gap” and the so called rule that ‘All Gaps Fill’. What a load of bunk that was. Sadly there are still some who teach and preach the gap fill as if it were gospel. [...]
The Business of Day Trading
I did not write this piece, it was sent to me by one of our members. It’s great and I wanted to share it with all of you THE BUSINESS OF TRADING Trading futures is a business. To my mind, it is the best business in the world – for a great many reasons! [...]
Crude Oil Analysis for the Week of November 28, 2011
January Crude Oil closed lower for the second consecutive week but losses could have been worse if not for a strong comeback on Friday. The primary reason for the weakness throughout the week was concern that the European debt crisis would trigger the start of a global recession. As bearish conditions spread throughout the Euro [...]
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