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Trade Against The Retail Herd 24th Feb

Pivotfarm's picture
Submitted by Pivotfarm on 02/24/2011 03:37 -0400



 
What's new today?


Increasing market volatility is leading to more decisive trading action by traders, with the number of pairs now in the neutral zone at a 3 month low. There are a couple of market moving events today that could have a strong influence on the report heading into the weekend. At 08:30 EST we have US Durable Goods Sales followed by New Home Sales at 10:00, both events have the potential to cause shifts in retail trader positioning.
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Provided by Pivotfarm via the Technical Analysis blog
 
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Thu, 02/24/2011 - 10:56 | 992746 medicalstudent
medicalstudent's picture

faz up 400%

Thu, 02/24/2011 - 09:30 | 992409 Bartanist
Bartanist's picture

Ya know, while 10 or 15 year ago your posts might have had interest for me. Today, I know the market is a sham and that there is no retail herd per se, anymore.

 

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