Posted in Forex, Technical Analysis, Fundamental Analysis on February 14th, 2007 No Comments »
The Euro continues to climb against the Swiss Franc to new highs since the Euro induction. Will this stop? I like to go with the cliche saying “the trend is your friend” on this one. The Eurozone fundamentally is strong where the Switzerland economy isn’t reflecting the rest of the Eurozone growth.
The CHF is also […]
Posted in Forex, Technical Analysis, Trading Psychology on December 18th, 2006 No Comments »
After bouncing off three times the GBP/CHF pushes up to a level that it hasn’t been above since 2002. Coming back down? Propriety trader Mihai Nichisoiu has an interesting view:
It has been my belief since long that most volatility blowouts are triggered during periods of rather low market liquidity (i.e. they may be a result […]
Posted in Trading, Forex, Technical Analysis, Dollar on December 5th, 2006 No Comments »
EUR/USD and GBP/USD have been slaughtering the dollar recently, but we haven’t seen as much movement in the non-European currencies against the dollar. That may end soon. The width of the Bollinger Bands on the monthly chart are the lowest in over 10 years for the AUD/USD. The pair has tried and […]
Posted in Business, Trading, Technical Analysis, Trading Psychology, Stocks, Markets on November 14th, 2006 No Comments »
This issue is one of the more divisive in the trading world. Few traders have a middle-of-the-road view on it, and perhaps with good reason. Some of the most notorious hedge fund collapses in history, including Amaranth and Long Term Capital Management, have been partly blamed on strategies that involved “throwing good money […]