Archive | October, 2012

The Coming Shift In Market Leadership

If you are a trader today you likely understand that we are in an economic environment where it’s difficult to hold on to an opinion for longer than it takes to close the next daily bar on the chart. Market movement has always enjoyed an element of mystery when it comes to differentiating between corrective [...]

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The Run is Done

We think the bull-run in the Euro that started back in August is over. Previously we were looking for a move just beyond the September high to climax that move, and while that is still a possibility we can’t risk missing a resumption of the primary pattern lower. The markets have not been paying much [...]

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Weekly Forex Forecast For October 8th, 2012

While it is quite a surprise that the unemployment rate in the U.S. could possibly drop from 8.2% to 7.8% even as job growth slowed, politics aside, jobs are still a side show to the predominant influence in these markets: central bank policies. The U.S. stock market and the EURUSD are once again higher on [...]

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