NewstraderFX

Forex Perspectives and Opinion

Thursday, June 18, 2009

EUR/USD Below The Trend Line

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I'm holding a short EUR/USD trade to the 38.6 retracement of the last up trend. A stop would be on a close above the trend line.

Daily Trend Line on GBP/USD

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I'm going to be keeping an eye on this trend line-a break and close below it signals further weakness for the pound.
Monday, May 25, 2009

The Crisis and How to Deal with It

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Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros and Robin Wells offer their insights on the economic crisis. What ...
Sunday, May 24, 2009

S&P: Corner Turned To The Downside

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The S&P 500 looks as if it has already turned the corner to the downside. The red trend line, which follows the March 6 rally, acted as ...
Thursday, May 21, 2009

Essential Reads

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China Grows More Picky About Debt by Keith Bradsher "New data shows that China is also trading long-term Treasuries for short-term not...
Monday, May 18, 2009

A Feast For Thought

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If financial crises were distributed along a bell curve — like traffic accidents or people’s heights — really big ones wouldn’t happen very ...
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