Featured Posts (1441)
I would kindly appreciate it if you could take some time out and post your thoughts on your experience with me as a Day trader, with regards to the Live Analysis.
Thank you
Bullish news for a gap up on Monday
IMF May Offer Italy Up To 600 Bln To Shore Up Euro http://www.efxnews.com/story/7471/imf-may-offer-italy-eur600-bln-shore-euro
EUR/USD turn lower after massive loss at Unicredithttp://bit.ly/tHcD5Q
EUR/USD turn lower after massive loss at Unicredithttp://bit.ly/tHcD5Q
We have been hearing a pretty consistent message from Federal Reserve officials which is that they are warming to the idea of an inflation or unemployment target. With the unemployment rate remaining at a “painfully high” level, the Fed is “focusing intently on supporting job growth” according to Bernanke. He then went on to say that the central bank has the latitude to set an inflation target, a notion that seems to be gaining support within the central bank by the day. Everyone agrees that the U.S. will not escape the turmoil in Europe and the volatility that it creates in the financial markets only adds further strain to the U.S. economy. At this point, there is an extremely good chance that the central bank will introduce an inflation and/or unemployment target in the coming month.
http://www.fx360.com/commentary/kathy/6501/usd-bernanke-preps-market-for-policy-change.aspx
I am simply saying that the Fed’s ongoing injection of liquidity (whether you agree with it or not) is an intangible that you should consider when trading…and a force that should not be argued with. It’s no coincidence that since Operation “Twist” (a.k.a. QE3) began on October 4, 2011, the market has gone straight up with little pause. As the saying goes: Don’t fight the Fed!
re-entering long ftse from here
4958 upto 4930 if need be
avg = 4945 region
stop loss = 4850
tgt = 5050 , 5100
2
http://wallstreet1928.ning.com
Any opinions, news, research, analyses, prices, or other information
contained within this email is provided as general market commentary
and does not constitute investment advice or recommendation by me and
is not intended to be relied upon by users in making (or refraining
from making) any investment decisions.
The value of investments can go down as well as up. The past is not necessarily a guide to future performance. Investing in equities can lose you part or all of your capital although the potential returns are theoretically unlimited.
I will not accept liability for any loss or damage, including without
limitation to, any loss of profit, which may arise directly or
indirectly from use of or reliance on such information.
Appropriate independent advice should be obtained before making any
such decision. Any arrangement made between you and any third party
named in the site is at your sole risk and responsibility.
long nasdaq upto 2050
avg = 2060
stop loss = 2000
tgt = 2120 , 2150
long ftse upto 4926
avg = 4946
stop loss = 4846
tgt = 5046 , 5100, 5150
http://wallstreet1928.ning.com
Any opinions, news, research, analyses, prices, or other information
contained within this email is provided as general market commentary
and does not constitute investment advice or recommendation by me and
is not intended to be relied upon by users in making (or refraining
from making) any investment decisions.
The value of investments can go down as well as up. The past is not necessarily a guide to future performance. Investing in equities can lose you part or all of your capital although the potential returns are theoretically unlimited.
I will not accept liability for any loss or damage, including without
limitation to, any loss of profit, which may arise directly or
indirectly from use of or reliance on such information.
Appropriate independent advice should be obtained before making any
such decision. Any arrangement made between you and any third party
named in the site is at your sole risk and responsibility.
upto 2271
avg = 2266
stop loss = 2296
tgt = 2236 , 2226