SOMETHING TO READ - The Little Book of Currency Trading by Kathy Lien
by Kathy Lien An accessible guide to trading the fast-moving foreign exchange market The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational corporations, but that has all changed with Internet technology and the advent of online forex brokers. Now, hundreds of thousands of traders and investors around the…
More...
10 Tuesday Reads - Chinese Stocks Surge, Wall St. Legend Jimmy Lee, Apple Music FAQ, and more
What are you reading?
More...
Credit Agricole about Sunday’s referendum: '“yes” vote still seems more likely'
'Risk assets and the EUR have been broadly stable in Asian hours regardless of intensifying uncertainty as related to Greece - It appears that market tensions are unlikely to rise more considerably ahead of Sunday’s referendum as a “yes” vote still seems more likely, irrespective of Greek PM Tsipras recommending to vote against creditors’ bailout…
More...
Technical Analysis: Gold Up And S&P Down? Gold looks oversold while the S&P looks too high
Daily shart is showing the reversal: the price broke Sinkou Span A line which is the virtual border between the primary bullish and the primary bearish on the chart - price came tio inside Ichimoku cloud with the secondary ranging. If 2057 support is broken so we can see about S&P 500 Index to be…
More...
Something to Read: MESA And Trading Market Cycles by John Ehlers
In MESA and Trading Market Cycles, Second Edition, MESA pioneer John F. Ehlers returns to reveal more of the inner workings and hidden mechanisms of MESA-the author's well-known and highly respected computerized trading system-and provides both traders and professional speculators with definitive information on using cyclical analysis to create and execute highly profitable forecasting and…
More...
Bank of America Merrill Lynch about Non-Farm Payrolls on Thursday
Video Manual: Indicator MACD and How To Use It, Part #3
MACD Hidden divergence is used as a possible sign for a trend continuation. This setup occurs when price retraces to retest a previous high or low. Hidden Bullish Divergence MACD bullish divergence Hidden Bearish Divergence
More...
Video Manual: Indicator MACD and How To Use It, Part #2
MACD is used in various ways to give technical analysis information. MACD Construction The MACD is constructed using two exponential moving averages and MACD indicator plots two lines. The two default exponential moving averages used are 12 and 26. Then a smoothing factor of 9 is also applied when drawing
More...
Something To Read - Super Trader: Make Consistent Profits in Good and Bad Markets
by Van Tharp Think like a trader. Act like a trader. Become a Super Trader. "Let your profits run!" It's the golden rule by which all Super Traders live. With the help of investing guru Dr. Van K. Tharp, you can join the ranks of full-time traders who consistently master the market.
More...
Technical Analysis for US Dollar, S&P 500, Gold and Crude Oil
S&P 500 TECHNICAL ANALYSIS - Prices are attempting to correct higher having turned downward as expected. From here, a move above the 38.2% Fibonacci retracement at 2083.60exposes the 50% level at 2092.40.
More...