THE LOCAL'S TAKE

From bond futures in Chicago to forex in Park City, I enjoy reading market flows to determine price movements. As an educator and coach for traders and investors, I enthusiastically profess: trading psychology, fundamental and technical analysis, and "inter-market relationships" in order to provide low risk, high probability opportunities for growth, income, and portfolio hedging. A Colorado Buffalo, I enjoy skiing and maintaining an active, environmentally conscious lifestyle: LocalsHaveMoreFun

Thursday, August 25, 2011

The Local's Take: USD/CAD Trade

Good Morning,
It was a gap to the upside and a huge move to the downside and then, fairly flat. As equities found their footing, the USD/CAD provided a DOUBLE FALL LINE TRADE:

Past performance is not indicative of future results
Overall, we can't count out the lows in SPX around the 100-1120 area.
Bernanke and GDP tomorrow - all you need is one good trade! That was the idea today. Find one good trade, trade with the correct account and trade risk and manage it using ancillary markets.
Happy Trading!
Coach Brian

THE LOCAL'S TAKE

Thursday, August 25, 2011

The Local's Take: USD/CAD Trade

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