▼ Last week we predicted indecision apex on indices and we nearly stayed in the same range. Now a nice rising channel is drawn. As volume are lowering a b it approaching the 1250 resistance, we see little more up maybe and then down on S&P500. Nasdaq is already on the top of the channel. We are waiting to see if Bernanke will show a rabbit out of his hat. He needs a big surprise to boost the market.
▲ We did not changed the $EURUSD weekly chart. Situation in Europe is not good, but better than the biggest countries. Up for next week.
Forex robots did a bad week. I stopped one of them, the trend follower, even with new parameters cause he does not like the current volatility. I am not happy with a forex broker who cut the connection on last $EURUSD low, making it impossible to take a big profit on a nice short. That's also why we do not have scalping strategy anymore, only swing.
We remind you that you can watch our TV channel
(left side of this page) everyday day, US Market time, with a live real
time S&P500 ES M1 chart with cumulative bid/ask volume below, plus internals (Nyse Tick and Advance/Decline) plus
special template with experimental indicators ploting divergences, extreme ticks, main levels to watch,
and some of our trade in direct live, plus audio real time news. Live
chat also available.
PAMM Forex investing account should be available end of September.
No comments:
Post a Comment