November 2011 - Page 4 of 8 - ONE-TWENTY TWO: Trading Financial Markets

T2108 Update – November 17, 2011 (Overbought No More – And A Long-Awaited Test)

November 17, 2011May 15, 2016 by Dr. Duru

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 58% (ends an 18-day … Read more

Chart Review: Dollar Close to A Breakout

November 17, 2011November 17, 2011 by Dr. Duru

The U.S. dollar continues to creep slowly but surely upward as the euro steadily sinks week after week. After the dollar survived a plunge below the 200DMA that I thought marked the decisive end of its previous relief rally, the currency has faithfully followed its 50-day moving average (DMA) to higher ground. On Wednesday, the … Read more

T2108 Update – November 15, 2011 (Clarifying Trading Strategies)

November 16, 2011 by Dr. Duru

Still Bearish on the British Pound

November 15, 2011 by Dr. Duru

This is an excerpt from an article I originally published on Seeking Alpha on November 15, 2011. Click here to read the entire piece.) Ever since the Bank of England announced more quantitative easing in the form of £75B of more bond buying, the British pound has bottomed and rallied against the U.S. dollar and … Read more

T2108 Update – November 14, 2001

November 14, 2011November 14, 2011 by Dr. Duru