OptionsMD Five Minute Market Checkup, 8/21/2011

August 22, 2011 By: Brian Keith

Watch this quick video to understand how Market Character changes as the Bear approaches....     ...

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Will the Bank of Japan Intervene Tonight?

August 21, 2011 By: Brian Keith

It's Sunday evening in the U.S., which means that it's Monday morning in the Far East, with currency traders already hard at work. There has been a good deal of speculation that the Japanese authorities will intervene to drive the Yen lower. A Yen at the current level, around 77 per Dollar, makes Japanese goods very expensive overseas, which in turn reduces exports, hurts the earnings of...

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Is this the 2012 Bear Market? (part 4)

By: Brian Keith

Is this the 2012 Bear Market? (part 4)   In part 1 we said that we could evaluate whether a Market was a Bull or Bear depending on the:   Market Character Signals Price Action   Now we're getting to the real meat of the matter - Price Action. How can the price tip us off that we've entered a Bear Market? , we'll reveal some of the usual technical signals associated with the...

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NYSE Invokes Rule 48 At Open

August 18, 2011 By: Brian Keith

NYSE invokes Rule 48 at open; allows exchange to suspend price indications to allow for a smooth opening. This is only invoked in situations with potential for extreme volatility....

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FX Morning Update – A Time for Caution (Again)

By: Brian Keith

Good Morning. As a quick follow up from last night's post, the Swiss National Bank in its operations this morning signaled no further desire to push rates still lower, acting instead to stabilize the current rates, which in the 3-month area are now around -51 basis points. Euronerves have been shaken by reports that German Finance Minister Schaeuble, in a letter to legislators, stated that the...

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The Swiss Miss, and the FX Market Swings

By: Brian Keith

This is my first effort at providing my fellow students at TradingConcepts with updated information, views and impressions from (primarily) the foreign exchange market, where I spend my working days. I've learned a tremendous amount from Todd Mitchell, and it has helped me to navigate charts in a variety of time frames, and to structure trades based on my reading of those charts. At the same...

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