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Archive for the ‘currency-trading’ Category
Capital Markets
Daily Market Commentary for August 8, 2008 from Millennium-Traders.Com
The dollar posted its largest gain against the euro in over six years, during July 2002. A U.S. State Department official involved in the diplomacy called the conflict a “very dangerous situation” and indicated diplomatic moves are ongoing around the globe to attempt to stop the flare-up. (read more)
http://www.millennium-traders.com/news/newscommentary.aspx
At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit gain of 301.66 points on the day to end Read the rest of this entry »
Point-and-Figure Charts: Forex Charts That Show You The Money!
Wouldn’t it be great if you could find a charting system that instead of focusing on minutes, half-hours, hours, days, and weeks, actually followed and tracked the value itself? Point-and-figure charts are charts that do precisely that: they follow the money.
Point-and-figure charts are charts that follow changes in prices, and not time. Many charts are set up on a time scale, and comparisons are then made between the price as it varies from hour to hour or day to day.
These charts are very different in that any column from a point-and-figure chart can represent any amount of time. There is no set amount of time for each figure. Movements Read the rest of this entry »
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