Forex day trading room, The JPY fell against higher- yielding currencies as signs that a worldwide economic recovery is gaining momentum boosted demand for riskier assets and after a report showed UK house prices rose for a ninth straight month and before data forecast to show the US housing market is stabilizing. The EURJPY increased to 126.11 while AUDJPY increased to 87.61, the highest since September 2008. The USDJPY advanced to its strongest in almost three weeks to 94.31 on speculation the Fed will move closer to withdrawing stimulus measures at its April 27-28 meeting amid signs the US economic recovery is intact. Fed policy makers this week will try to decide how and when to sell mortgage-backed securities and reduce its balance sheet. The US economy probably expanded 3.4% in Q1. The S&P/Case-Shiller home-price index in the US probably increased 1.3%, the first increase since December 2006 according to data to be released tomorrow. In other Asian news, a Bank of Korea report tomorrow will show the economy expanded 7.5% from a year earlier in Q1, the most since 2002 while exports probably increased 32% in April according to a report due on May 1. South Korea's won strengthened to a 19-month high as global funds pumped more money into the nation's shares to profit from accelerating economic growth. USDKRW declined 0.5% to 1,103.63, the weakest since September 2008. The EURUSD fell to 1.3371 and EURJPY was at 125.65 on concern Greece's request for a $60 billion bailout led by the EU will fail to ease investor concerns about the nation's ability to end its fiscal crisis. The currency also slid as investors demand Greece pay almost triple what they charge Germany for its 10-year bonds. Greek Finance Minister George Papaconstantinou told investors they will "lose their shirts" if they bet the cash-strapped nation will default, as his government moved toward securing emergency aid before debt payments come due in mid-May also adding that mone [...]
Forex trading - live day trading course and currency trade room.
Monday, April 26, 2010
Sunday, April 25, 2010
Twitter Weekly Updates for 2010-04-25
- $eurusd $fx #currency managed funds Twitter Weekly Updates for 2010-04-18 #
- #futures #trading #FX S&P 500 Day Trading Course Gap for A... http://bit.ly/dxRKLh #
- $eurusd $fx #currency managed funds Forex day trading London close #
- $eurusd $fx #currency managed funds EURUSD risk appetite US close #
- S&P500 day trading course chart: S&P500 day trading course. Support and resistance for April 20 with the Gap. S&P... http://bit.ly/agvq4G #
- new levels for the S&P500 emini futures. http://www.moneymakeredge.com/blog/sp-500-day-trading-course/04/19/sp500-day-trading-course-chart/ #
- S&P500 day trading course am chart: S&P500 day trading course AM Chart – seems like a bull flag befor [...]
Forex trading - live day trading course and currency trade room.
Thursday, April 22, 2010
S&P500 day trading course double top
S&P500 day trading course double top [caption id="attachment_2205" align="alignleft" width="258" caption="S&P 500 day trading course april 22 30 min"]
[/caption] Looks like we have a double top on the daily with a test down. open gap at 1202.50 Point of control for direction 1197.50 with major support on the 1194.25 for direction on the day. next support at 1188.25 and extreme low at 1179.25 Join us for a course in May. S&P500 day trading course.
S&P 500 day trading course
[/caption] Looks like we have a double top on the daily with a test down. open gap at 1202.50 Point of control for direction 1197.50 with major support on the 1194.25 for direction on the day. next support at 1188.25 and extreme low at 1179.25 Join us for a course in May. S&P500 day trading course. S&P 500 day trading course
Tuesday, April 20, 2010
S&P500 day trading course 60 min chart
S&P500 day trading course 60 min chart open gap 1203.25 [caption id="attachment_2202" align="alignleft" width="262" caption="S&P500 day trading course 60 min chart"]
[/caption] POC point of control for Direction 1206.25 Extreme high is 1219.25 Watch for the retest of 1210.50 and if it breaks through resistance a move to 1219.25 If price fails to move through 1217 area and sells off then looking for a close of the Gap. April 22 pre market news will probably give us some volatility. Don't know if it will carry through to the market session. We are going to have another group of courses this summer in Calgary, Toronto and Los Angeles, Ca.
S&P 500 day trading course
[/caption] POC point of control for Direction 1206.25 Extreme high is 1219.25 Watch for the retest of 1210.50 and if it breaks through resistance a move to 1219.25 If price fails to move through 1217 area and sells off then looking for a close of the Gap. April 22 pre market news will probably give us some volatility. Don't know if it will carry through to the market session. We are going to have another group of courses this summer in Calgary, Toronto and Los Angeles, Ca. S&P 500 day trading course
S&P500 day trading course am chart
S&P500 day trading course AM Chart - seems like a bull flag before the open. [caption id="attachment_2198" align="alignleft" width="255" caption="S&P500 day trading course april 20 am 15min"]
[/caption] a Break of 1201 to the ups ide with 1210 as extreme high target. Looks like the 3 week pivot held. Expect some resistance on previous swing high to 1205, if we can get enough buyer commitment then we could see previous daily high.
S&P 500 day trading course
[/caption] a Break of 1201 to the ups ide with 1210 as extreme high target. Looks like the 3 week pivot held. Expect some resistance on previous swing high to 1205, if we can get enough buyer commitment then we could see previous daily high. S&P 500 day trading course
Monday, April 19, 2010
S&P500 day trading course chart
S&P500 day trading course. Support and resistance for April 20 with the Gap. [caption id="attachment_2193" align="alignleft" width="300" caption="S&P500 day trading course trading chart"]
[/caption] GAP is 1190.75 POC is 1197.50 for the direction 13 point range during trading hours Gap up. News of financials being indicted could take this down. Watch for news breaking around 11:30, 1:30 as well as normal market settings. Manage your risk on these trades and lock in profit. Nice sell shadow on lower time frames leading into the 10:30 setting. Continuation trade also nicely triggered with minimal risk exposure on short term entry. [caption id="attachment_2194" align="alignleft" width="275" caption="S&P500 day trading course april 20 daily chart"]
[/caption] Daily chart is showing some support on the small retracement from Goldman Sachs fraud charges. Price retreated to 1196 giving a bout 50% move up. if we go back to 1210-1212 area then I would be looking for the continuation to 1230. If we fail or consolidate in this area, then one more test of the 1205 Zone and roll over to a possi [...]
S&P 500 day trading course
[/caption] GAP is 1190.75 POC is 1197.50 for the direction 13 point range during trading hours Gap up. News of financials being indicted could take this down. Watch for news breaking around 11:30, 1:30 as well as normal market settings. Manage your risk on these trades and lock in profit. Nice sell shadow on lower time frames leading into the 10:30 setting. Continuation trade also nicely triggered with minimal risk exposure on short term entry. [caption id="attachment_2194" align="alignleft" width="275" caption="S&P500 day trading course april 20 daily chart"]
[/caption] Daily chart is showing some support on the small retracement from Goldman Sachs fraud charges. Price retreated to 1196 giving a bout 50% move up. if we go back to 1210-1212 area then I would be looking for the continuation to 1230. If we fail or consolidate in this area, then one more test of the 1205 Zone and roll over to a possi [...] S&P 500 day trading course
EURUSD risk appetite US close
Forex day trading EurUsd Risk appetite has continued to struggle since the Goldman inspired equity market slump on Friday, and EURUSD has also been weighed by the ash-triggered paralysis of European travel networks and the possibility of Greece activating the EU/IMF bailout mechanism appearing ever closer. We are now approaching a critical juncture for the pair, with 1.3370-1.3400 representing the last major cushion of support before 1.3268 levels not seen since 25 March. We see the 3-week uptrend support level coming in around 1.3400, backed up by a former pivot level at 1.3385 –but the crucial line to watch from here is the back side of the former 4-month downtrend at 1.3370. As such, we like the idea of a small long trade on any dip towards 1.3520, with a stop just below those major supports, but remain flexible to reversing this bias should the former downtrend line fail. Levels on the topside are now 1.3568 (50-day moving average), followed by 1.3590, then last Monday's opening highs of 1.3692.
Forex trading - live day trading course and currency trade room.
Forex trading - live day trading course and currency trade room.
Subscribe to:
Posts (Atom)