Sunday, October 16, 2011

DailyMarkets.com - Forex – Weekly Outlook: October 17-21

DailyMarkets.com - Forex – Weekly Outlook: October 17-21


Forex – Weekly Outlook: October 17-21

Posted: 16 Oct 2011 02:33 AM PDT

Forexpros – Last week saw the euro rally against the U.S. dollar, climbing to a four-week high on Friday, boosted by optimism over a proposed plan to resolve the financial crisis in the single currency bloc.

On Friday, France and Germany appeared to move closer to an agreement on a plan to recapitalize European lenders, bolster the firepower of the euro zone's bailout fund, the European Financial Stability Facility and restructure Greek sovereign debt.

At the conclusion of the G-20 summit … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mystery Trader, Pump And Dump

Posted: 16 Oct 2011 02:21 AM PDT

This site has a few readers that use the words “billion” when they read their trading account. A recent big boy trader passed these comments on for blog readers.

Mystery Trader Insight: The best way to catch a 20% move, is to force a 10% move in the opposite direction.

This means the big boys would gladly spend $1 billion to drive the market down, to make $2 billion on the way up.

Wyckoff students know this has either a spring (at support) or an up thrust (at resistance). The spring or up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Rise Of The Regressive Right And The Reawakening Of America

Posted: 15 Oct 2011 09:25 PM PDT

A fundamental war has been waged in this nation since its founding, between progressive forces pushing us forward and regressive forces pulling us backward. 
We are going to battle once again. 
Progressives believe in openness, equal opportunity, and tolerance. Progressives assume we're all in it together — we all benefit from public investments in schools and health care and infrastructure; and we all do better with strong safety nets, reasonable constraints on Wall Street and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The S&P 500 Is Getting Close To A Top

Posted: 15 Oct 2011 09:02 PM PDT

The past few months have been very difficult to navigate for retail investors and institutional money managers. The huge week to week price swings and increased volatility have made the current market conditions exceptionally difficult to maneuver. Day traders are about the only group of market participants that outperform during periods such as we have seen since the beginning of August.
Before I jump into the analysis, I would like to point out to readers that the S&P 500 Index (SPX) has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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