"Deutsche Bank posts strong results" http://news.theage.com.au/breaking-news-world/deutsche-bank-posts-strong-results-20090429-am6e.html "Ackermann told bank shareholders in a letter the bank saw signs of financial market stabilisation, echoing remarks by European Central Bank (ECB) chief Jean-Claude Trichet."
not for trading. there is no 'trading' just pile on. don't count on any regression to the mean to bail you out. it's a joke traders, trade the e-minis
The full version of this report with daily stock picks and real-time email alerts is available here for $20 per month The <b>EUR/USD</b> continues in the same symmetrical wedge we have been watching for the past week. Today, we are going to set trades on both sides of the wedge. A break above resistance will enter us in the trade long with a stop near the midpoint of the wedge. A break below the support will trigger a sell stop, protecting the trade at the midpoint of the wedge. The pressure on this pair has created for some volatile moves both up and down. That same pressure will likely allow this trade to move over 600 pips on the next breakout. <i>(see EUR/USD below)</i> <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090428EUR.GIF"> The <b>AUD/JPY</b> has gone against the macro fundamentals for the past 2 weeks focusing on shorter term market correlations of gold and risk adjustment in the financial markets. The pair appear to have tested a break further down and has rallied off of the lows, setting us up for a trade going into Tuesday night and Wednesday morning. We are going to enter this trade with a Buy Limit, which means we are going to let it dip slightly and enter our trade with a better risk to reward. If we can get a slight pullback, we will enter the trade at 67.85 with a stop loss below the week's lows at 66.40. Price may slow some near 69.25 but we are looking for a bigger target up to 72.50. We will manage the trade as the day goes on. <i>(below)</i>. <img border=5 width=560 height=650 src="http://assets.shadowtrader.net/charts/090428AUDJPY.GIF">
Thank you for your feedback regarding my news-based trading signals! With real-time PM alerts available here on ET and exclusive to a very limited number of ET members only, $200 per month should be right for now!
Very interesting and useful post below! http://www.elitetrader.com/vb/showthread.php?s=&threadid=161769 QUOTE Quote from Pekelo: Just a few possible reasons: 1. Helps him to keep focused. 2. Helps him not to get bored, companionship. 3. Good for his ego. 4. Extra income. (always good) 5. Extra income because he can't scale up for various reasons. (specially good) 6. He actually likes to teach. 7. It actually helps his system when more people take the same position at the same time. 8. He wants to leave a legacy. 9. He likes to help others, but why should he do it for free? Also, most people don't appreciate/recognize value for free.... 10.etc.etc.etc. blah-blah-blah UNQUOTE
The Euro is starting to look like a long. I am waiting till we get closer to the time Poland switches over. Until then long the dollar. Akuma
Looks like currently 1.325 is being established as a short-term R/S level, awaiting further significant news in order to move to its intended direction.
we're in at 1.3255 today. (email sent to subscribers earlier today confirming) April 29, 2009 Pair: EUR/USD Action: Buy Stop Triggered at 1.3255 Lots: 1 Price: 1.3255 Stop: 1.3135 Target: 1.3980 Trade Explanation: Our Buy Stop triggered at 1.3255. We are tightening our stop to 1.3135 now that the entry price has triggered. ShadowTraderPro FX Trader Please note: All emails are price sensitive. All recommendations are good unless they are updated, changed or canceled via email notification. *****Trading securities, options and foreign exchange involve risk and are not suitable for all investors.******
Updates: Week 27Apr Long 1.320/ 1.332 +120Pips Week 4May Short 1.332/ 1.363 -310Pips Week 11May Short 1.363/ 1.344 +190Pips Week 18May Short 1.344/