I recently stumbled across this nice Infographic, which is pretty much in line with what we do: trading, money, currencies etc. Click for full size infographic (below is only a crop) Infographic Source: Flowtown
- Continue reading: Money and Transactions: Past, Present and Future (Infographic)
Quote of the day: “Consistency requires you to be as ignorant today as you were a year ago.” ~ Bernard Berenson Good morning. The euro is trading lower after weeks of apparent calm in Europe, as focus in back on the debt crisis now that policymakers return from summer breaks. Some important data releases of the Read More
Quote of the day:“The beginning of knowledge is the discovery of something we do not understand.” ~ Frank Herbert Good morning. The euro backed away from a fresh multi-week top zone above $1.45 and has slipped back to support region formed by the rising trendline connecting recent higher lows – best seen in the 4-hrs chart Read More
Quote of the day:“Train yourself to let go of the things you fear to lose.” ~ George Lucas Good morning. Yesterday I wrote an article on Breakout trading, so in case you missed it – you may want to check it out. There are some more things I’d like to add so I’ll continue the Read More
- Continue reading: Euro Pulling Back. Potential Reversal Sign?
It looks that I’ve been slacking ever since I posted Part 1 of How I trade series, because there are many topics to discuss and share. But here is the second article in the series and I really hope to dedicate more of my time in the near future and share some more info. Ok, Read More
Quote of the day: “There’s always somebody who is paid too much, and taxed too little – and it’s always somebody else.” ~ Cullen Hightower Good morning. The dollar continues to deteriorate against some of its major counterparts, such as euro which is currently changing hands above $1.4500. Next interim resistance stands at 1.4580/00, followed by Read More
Here’s a reading list on Jackson Hole event, Hurricane Irene, Steve Jobs and more: Goldman’s Take On Jackson Hole: “We Think Further Easing Is Likely By Early 2012″ (ZeroHedge) America’s economy: Passing the baton (The Economist) The Keynesian Question: How Much Stimulus Would Be Enough? (Boiler Room) Jackson Hole (The Big Picture) Analysis: Bernanke highlights September FOMC meeting, Suggests more Read More
Quote of the day: “We are never deceived; we deceive ourselves” ~ Johann Wolfgang von Goethe Good morning. The big day is here as all eyes are on Bernanke at the Jackson Hole later today. Everyone is wondering whether he will hint of a third round of quantitative easing or similar measures. Except a few currency Read More
- Continue reading: Markets Waiting for Jackson Hole Comments
Quote of the day:“The trouble with our times is that the future is not what it used to be” ~ Paul Valery Good morning. Most currency pairs, such as EURUSD, are still ranging, while most eyes are on precious metals which are retreating from recent top zones. Cable is moving nicely after providing us several clues that Read More
- Continue reading: Cable Breaking Lower; Metals Retreating; Euro Testing Resistance
Quote of the day:“The trouble with facts is that there are so many of them.” ~ Samuel McChord Crothers Good morning. There are whipsaws everywhere in the EURUSD charts (hourly, 4-hrs, daily) as the pair continues to push towards 1.45 but finds resistance in the 1.4450-1.4500 region. Selling on rallies is still a viable option and Read More
- Continue reading: Euro Keeps Pushing But Is Facing Resistance
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