Dow Jones Stock Market Video Analysis June 2009
Forex Trading Community Providing Forums, Discussions And Newsletter – Transworld News
For those traders in the world currencies exchange market the need to stay abreast of the global financial climate is paramount to success. That can seem difficult at times as forex trading is the most liquid financial market in the world and its
Greenback tops 100 yen after G20 summit – Taipei Times
The dollar topped ¢D100 for the first time in five months but weakened against other major currencies on Friday as traders assessed the impact of a weak US employment on economic recovery prospects. At 9pm GMT, the euro fetched US$1.3483 from US$1
Photos: Zecco and GAIN Capital Launch Zecco Forex Foreign Exchange – Earthtimes
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…the Dow Jones shows major support from a long-term trendline going all the way back to the low of 1987 following the Stock Market Crash. THIS is why the stock markets have been rallying of late and for no other reason….
…these are BEAR MARKET RALLIES. Although they are strong, these stock index rallies do NOT indicate that the equity markets have bottomed. Not at all.
Instead, what is happening is that they are finding very long-term technical trendline support and are rebounding from them. …
So, there I was having done a Dow Jones trade that I had every
reason to be proud of. I had bought the Dow Jones at 6474 last
Friday night, just 4 points off the low of 6740 prior to a major
rally. I had watched it retrace to the 76.4% Fibonacci
retracement level, while having added a slightly misguided
pyramid to the position at the 61.8% retracement.
