The U.S. session, trader’s daily 09:45 EDT question; “Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?” The law of probability says that U.S. trade will not follow…
Archive for October, 2009
The U.S. Dollar Meeting Support Lines
On October - 27 - 2009
The economic recovery is underway in the United States, but growth should remain volatile and fragmented for some time. Unemployment is the big challenge, while the housing market should give some relief the household pockets. The U.S. dollar is expected to decline further over the medium/long term, albeit it finds…
This Week's Market Outlook
On October - 25 - 2009
Despite the crescendo of USD negativity this past week (e.g. CNBC devoted a full day’s worth of programming to the weak dollar theme), the greenback actually held up pretty well, while the JPY struggled further as the biggest loser. On the week, the USD is better against the JPY, GBP,…
Source:This Week's Market Outlook
The U.S. Session Trader's Daily Forex Question
On October - 24 - 2009
The U.S. session, trader’s daily 09:45 EDT question; “Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?” The law of probability says that U.S. trade will not follow…
