ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more
This week’s forex setup is simply about the Australian dollar, especially against the U.S. dollar (FXA). At the time of writing, the Australian dollar is testing the next round number on its stair-stepping down: 0.89. The last time AUD/USD hit this level, the Reserve Bank of Australia (RBA) talked up the Australian economy ahead of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 21, 2014. Click here to read the entire piece.) The people have spoken…and so apparently have the markets. The people of Scotland voted firmly in favor staying within the United Kingdom. In response, the British pound (FXB) sank sharply, defying … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more