By: Omar Eltoukhy Hey traders! This week has been a little tougher than our usual weeks, but this is completely understandable considering where we have come from last week. Tuesday saw some great moves, followed by a Wednesday where we saw things get into position...
Hi Everyone!! Sorry I didn’t do my normal outlook post last week. With the FOMC on the docket, and the markets in absolute tatters, it didn’t make sense for me to recommend any sort of trading action in the market, while I was telling everyone at...
The global market-place had been holding is breath all week for the Thursday FOMC decision on rates and the statement from Yellen which was sure to follow it. The mountain of speculation that preceded it had distilled by the early trading session on that day to two...
No one needs to be reminded that the focus this week, not to mention the speculation rests on the decision of the FOMC. Ladies and Gentlemen, place your bets. Yes indeed a lottery to be avoided. Markets are in a state of balance and the camps are equally strong on...
By: Omar Eltoukhy Hi There Trade Fans!! Well, it has been a shortened, holiday week and that always means being on your guard and not jumping into trades! Since this holiday happened to be Labor Day and the “official” end of Summer trading session to most...
As we moved through yet another week of volatility and increasing unpredictability, the contrast between the US and its steady even if not impressive progress towards recovery and that of the world economies becomes more defined than ever. Speculation on the...
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