Added by JDfn Administrator on December 10, 2012 at 4:30pm — No Comments
Secret Trading Tip #17
Good News and Bad News
One of the biggest moments for the markets can come when there is a key news release or fresh fundamental data. Buyers and sellers seem to wrestle with the potential outcome, and in the case of larger announcements, volatility goes through the roof. The problem that I see some traders struggle with is knowing what news to look for, and how to trade it.…
Added by Larry Levin on December 9, 2012 at 10:26pm — No Comments
EUR/USD: Technical Analysis
Eurodollar has corrected back from a strong resistance level of pivots situated at 1.3120. It has found support at the trend-line at 1.3090. Overall the up-trend is still intact and it will probably recover, with 1.3167 still a key level, which if breached could lead to a strong move higher; however, a break below 1.3050 is a possibility and would open the way to a move down to 1.3000, if the pull-back extends.…Continue
Added by Forex4you on December 5, 2012 at 7:12am — No Comments
Over the weekend talk continued on the fiscal cliff negotiations. The Sunday political programs, like “This Week” led with it.
The best part of the prior video is the end when we’re reminded that Tax-Cheatin-Timmy will no longer be Treasury Secretary in 2013.
Last Friday, Speaker Boehner held another press conference in which he said about the…Continue
Added by Larry Levin on December 3, 2012 at 9:13pm — No Comments
From black Friday to cyber Monday to enforcer Tuesday, today’s news moves from the shopping mall to the regulatory milieu.
First, SAC Capital Advisors LP fund manager Mathew Martoma was released on $5 million bail on Monday after making his first appearance in a New York court on charges of making illegal trades that hedge fund titan Steven A. Cohen personally signed off on. Martoma was…Continue
Added by Larry Levin on December 2, 2012 at 10:35pm — No Comments