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EURUSD Weakness Intensifies, April’s Support Under Pressure

Quote of the day: “Never look back unless you are planning to go that way.” — Henry David Thoreau EURUSD – 1.4219 @07:30 GMT Good morning. The sell-off continues and April’s lower side is under pressure as the EUR fell 250 points yesterday and doesn’t show any sign of vigor at this point. New intraday resistance Read More

- Continue reading: EURUSD Weakness Intensifies, April’s Support Under Pressure

Daily Charts to Watch 5/11/11

Some interesting daily charts & potential setups: GBPUSD GBPUSD daily chart 5-11-2011 NZDUSD NZDUSD daily chart 5-11-2011 GBPJPY GBPJPY daily chart 5-11-2011 EURGBP EURGBP daily chart 5-11-2011 USDNOK USDNOK daily chart 5-11-2011 What other setups are you watching?

- Continue reading: Daily Charts to Watch 5/11/11

Wednesday Links 5/11/11

Here’s a brilliant picture I’ve found – the result of Microsoft-Skype deal: skynet And some links for today: Pictures From A Violent (And Media Blacked Out) Greek Exhibition (zero hedge) Steve Forbes: “The US Will Likely Have A Gold Standard Within The Next Five Years” (zero hedge) Galleon hedge fund billionaire Raj Rajaratnam found guilty Read More

- Continue reading: Wednesday Links 5/11/11

EURUSD Recovering Some Ground, Following AUD and Metals

Quote of the day:“Simplicity is the peak of civilization.” - Jessie Sampter EURUSD – 1.4394 @07:16 GMT Good morning. The euro recovered some ground following AUD and metals, but remains under pressure – current recovery being modest so far and there’s enough room to the upside until notable resistance may be tested, at 1.4550 and 1.4650. Read More

- Continue reading: EURUSD Recovering Some Ground, Following AUD and Metals

Tuesday Links 5/10/11

Today’s links: On The Dislocation Between The EUR And PIIGS Insolvency Risk (Zero Hedge) The Best Brokers for Forex Traders (Smart Money) Roubini’s guide to a Greek debt restructuring (FT Alphaville) Spain Is Hoping This Presentation Will Help It Regain The Confidence Of The World (Business Insider) We smell smoke (Macro Man) Shanky’s Daily Stuff (Shanky’s Tech Blog) Read More

- Continue reading: Tuesday Links 5/10/11

EURUSD No Sign of Recovery Yet

Quote of the day:“A timid person is frightened before a danger, a coward during the time, and a courageous person afterward.” - Jean Paul Richter EURUSD – 1.4299 @06:47 GMT Good morning. April’s lows are in focus as the euro continues to fall and no signs of a recovery can be seen yet. Even if it Read More

- Continue reading: EURUSD No Sign of Recovery Yet

Monday Links 5/09/11

Some links to start the week with Timo Soini: Why I Won’t Support More Bailouts (WSJ) The UK economy: in graphs (Telegraph) German exports rise to all-time high (BBC) Probability of Greek Default at 68% (Financial Sense) Dollar Short Squeeze! (Zero Hedge) Goldman Turns “Tactically” Neutral On Stocks, Believes S&P Not Pricing In “Downshift In Macro Read More

- Continue reading: Monday Links 5/09/11

EURUSD Recovering Some Ground, Remains Vulnerable

Quote of the day: “In America, there’s a failure to appreciate Europe’s leading role in the world.” - Barack Obama EURUSD – 1.4417 @07:12 GMT Good morning and Happy Europe Day! In case you’ve missed the last posts from other categories, you may want to check them now: Interview With Steve From NoBrainerTrades.com and How to Better Use Read More

- Continue reading: EURUSD Recovering Some Ground, Remains Vulnerable

How to Better Use the Internet for Trading and Personal Purposes

I know that most traders are not tech savvy and there’s a lot to learn when it comes to keeping in step with technology and modern Internet resources. In this article I am going to cover some free tools and tips that will improve your Internet experience. Getting information faster and better Everything is getting Read More

- Continue reading: How to Better Use the Internet for Trading and Personal Purposes

Saturday Links 5/07/11

Today’s links: Goldman’s Explanation On The EURUSD Plunge: “Ooooops!” (Zero Hedge) Goldman’s NFP Take (Zero Hedge) Flash Crash – The Call Redux – A Fictional Look at the May 6, 2010 Market Crash ((Zero Hedge) The Inevitability of a Greek Default (NT Times) Euro Whacked by Reports that Greece May Leave the Eurozone? (Naked Capitalism) Read More

- Continue reading: Saturday Links 5/07/11

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