Articles for: ProfitSource

The Euro has continued its strong run into 2008, approaching the 1.6000 level last week during some volatile trading before selling off slightly last Friday night.

Last week we talked about the signs on the economic Ferris Wheel and I promised some more analysis.

When we left Santos (STO:ASX) last time we were contemplating an ABC long trade that had a previous double bottom for support.

One might think so as we hear of how they have doubled, tripled over recent years.

It’s funny how old clichés often ring true, but then again I guess that’s how they become clichés in the first place.

For now equity markets across the globe have stabilised and have actually started to show some signs of finding a bottom.

Maybe you missed the ‘bus’ and did not get on board for the ride of the last few days?

The most important question on the lips of traders and investors across the globe is, quite simply, “When will we see an end to the turmoil?”.

As I emerged from my Easter retreat I saw through my blurry eyes headlines in the financial press that there was going to be greater regulation of investments banks in the US, and ditto for Australia.

Seeing John Bollinger speak a few years ago at the Oasis conference in Santa Clara, USA was a great experience for me personally – his Bollinger Bands indicator is one of my favourite technical tools.