Articles for: CME

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”.

One of my favourite quotes from WD Gann is “Make it a rule to quit wasting your time, because time is money.

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

There has been a lot of talk about the high prices of gold and oil in recent times, but most of the major currencies are also trading at or near record levels.

After rallying strongly for most of 2007, the British pound (BP-SpotV in Profitsource) copped a beating over November and December, falling over 1500 points to the current lows (in early January).

The British Pound (BP-Spotv in ProfitSource) experienced some heavy selling last week, including a drop on Wednesday of over 350 points.