The 1930s Redux

I found something really interesting about the similarities of some of the news headlines in July to that of the 1930s. Here’s news from July 24 2009 and July 24 1930. The news from today’s Wall Street Journal has been inserted and bolded to show the similarities. History doesn’t repeat, but does it rhyme? Thursday, July 24, 1930: Dow 239.33 +5.03 (2.1%) Market commentary: Market opened with large buy orders for major industrials. Many majors in early trading reached highest po
Posted under Futures Trading Systems by Content Keyword RSS on Friday 31 July 2009 at 2:48 pm

Beginners Guide To Forex

by Henri Ritand The forex market may seem daunting, don’t let that keep you away. There are trillions of dollars traded everyday from around the world. With the right tools and a little research you can be part of the forex trading market. Unlike the stock market, the forex market can be very liquid, and fast paced. You can literally trade 24 hours a day, 7 days a week if you want to, from anywhere around the globe. Several years ago Forex trading was not available to individuals. If you wer
Posted under Futures Trading Systems by Content Keyword RSS on Friday 31 July 2009 at 6:40 am

Todays Pivots

ESU9 For 07/30/2009 Symbol R1 This is the first level of resistance that the stock may experience today.');" onmouseout="return nd();" href="javascript:void(0);"> R1 R2 This is the second and higher level of resistance that the stock may experience today.');" onmouseout="return nd();" href="javascript:void(0);"> R2 Pivot The is the level from which is the support and resistance levels are calculated. This level may serve as support or re
Posted under Futures Trading Systems by Content Keyword RSS on Friday 31 July 2009 at 5:53 am