DailyMarkets.com - Forex – Weekly Outlook: October 10-14 |
| Forex – Weekly Outlook: October 10-14 Posted: 09 Oct 2011 02:18 AM PDT Forexpros – Last week saw the euro decline against the U.S. dollar on Friday, erasing the week's gains after ratings agency Fitch downgraded its ratings on Spain and Italy, reigniting fears over contagion from the region's financial crisis. Italy's rating was cut to A+ from AA- while Spain's rating was reduced by two notches to AA- from AA+. The euro fell broadly following the announcement, retreating from a one-week high against the greenback. The euro had been boosted earlier, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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| Posted: 09 Oct 2011 01:08 AM PDT Using Wyckoff, Gann and Hurst (we call Wyckoff 2.0) to review securities charts is simply the best way to review price action. Lets review copper ETF (JJC). First, we cant get all our tools into the images as there is not enough room. Hopefully you get the general idea. 1) First Chart: Review weekly or monthly chart for dominant cycles at work. We want to find predicable working cycles that will allow our position trading bias to profit handsomely. Of course review long term support and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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