Articles for: EC-SPOTV

In the July, 2012 edition of the Safety in the Market monthly newsletter, I nominated July as a good area to watch for the yearly low on the Euro.

A doctor would be excused for declaring the Euro futures contract (EC-Spotv in ProfitSource) legally dead over the past two weeks.

Like many traders, investors, analysts and newsletter writers, I’m patiently waiting for the US Dollar to drop like a stone.

The Euro (EC-Spotv in ProfitSource) looks like it may have commenced its next move to the upside.

I hope all our readers have had a Merry Christmas and a Happy New Year and that 2009 will bring you all the happiness and success that you could possibly wish for!

In my article last week, I wrote that I believed the Euro had finished its run down, and was now in a position to consolidate before continuing its move up.

There was a lot of talk in the media last year about the Euro replacing the US Dollar as the Number One currency of choice in the world.

As I write this article on 18 September, 2008, the ASX200 has fallen 4%. You can almost smell the blood in the streets.

I was reading through the Number One Trading Plan again on the weekend, and revisiting Section 11 – Price Forecasting, which is one of my favourite sections.

All Safety in the Market students should be familiar with David Bowden’s expression “Get to know your contract like a cow knows its calf”.