$TWTR is a week away from becoming the “hottest” IPO since its much larger cousin $FB went public in May 2012. $TWTR seems intent on not having a repeat performance of the $FB IPO debacle which was a trifecta botch job by the lead underwriter Morgan Stanley, the NASDAQ stock market and the Facebook CFO. $FB went public at a … Read More
What Is Your Perspective on the Market?
— Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Adapting The Technical Perspective
Many mainstream trading books about forex trading love to talk about the importance of combining a fundamental view and a technical view of the market. That’s great if you are going to be interviewed on a popular financial media outlet. Fundamentals make you sound smart, and smart is sexy. The problem is fundamentals generally look at the market from a … Read More
GBPUSD Where to From Here?
The U.S. Dollar has been weak and technical structure still points to further weakness. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
EUR/USD Still Strong?
This pair is still bullish but it can change quickly. This analysis offers what to expect this week. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
S&P New Trend or New Range?
The markets are coming out of holiday mode. What are important levels for the upcoming week? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
My Favorite Candlestick Pattern
Before I get into my favorite candlestick pattern, I want to first mention that I am in the process of writing a book about forex trading for Wiley & Sons. I want this book to be one that will actually help you improve your trading skills. So I am not writing what I think be beneficial to you, instead I … Read More
John Locke – Weekly Market and Position Update for August 11, 2013
John Locke Be sure to visit our trading blog! www.lockeinyoursuccess.com