October 2009 Monthly Archive

EUR/USD Swing Entry Set Up

Playing trends is popular but tricky because in order to SWING buy into a trend you must identify:

1) the trend itself and how strong it is and… 2) where the correction(s) are. Read more

All eyes on the Dow and Dollar…but watch the EUR/USD

Correlations are my thing…and when it comes to playing the EUR/USD the Dow and the U.S. Dollar play a big part. Today’s Dow sell-off has taken prices to some key levels, namely the 34ema Wave support on the daily. The Dollar has not been able to take out the 73.33 resistance and this should create a floor on the Dow. Read more