Most people incorrectly assume that trading is all about understanding the fundamentals of the market or knowing the balance sheet of a company. It doesn’t have as much to do with that as it does with understanding people. People’s perceptions or expectations of a company or even the entire economy are what drive prices of securities. Prices of equities, commodities, and currencies are all subject to the same laws of supply and demand as is any other product. In fact, this is why you will often ...
Real money buyers on EURUSD Bloomberg reporting from their sources that real money and leveraged investors were strong buyers of EURUSD between 1.3513-20 in the Asian session Currently 1.3521 with large option expiries aroud the price later today so we should expect the range to be tight with plenty of sellers around too
Quick Updating SP500 and Dow Jones Trendlines and Targets What quick-reference levels should we be watching on the S&P 500 and the Dow Jones Industrial Average and why are the trendline patterns different? Let’s start with the S&P 500’s rising wedge pattern: There’s certainly more than one way to draw similar trendlines, but the pattern above shows a compressing or potential “Rising Wedge” pattern developing in ...
Originally Posted by matfx I have 2 in my collection, digital CCI and digital MACD.
Economic Indicators Dashboard – June 2014