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2012/06/29

Chart Presentation: Out of Balance

TraderPlanet Today
    Jun 29, 2012 Volume 74 Issue 1    
Chart Presentation: Out of Balance
by Kevin Klombies
The 'news' was no help yesterday as the markets reacted negatively to the Supreme Court's health care ruling while U.S. weekly jobless claims declined slightly to 386,000. Some believe that any reading above 375,000 suggests that hiring isn't robu...

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Summit Tensions Remained Extremely High
by Darrell Jobman
EUR/USD The Euro was subjected to sharp selling pressure in European trading on Thursday as German Chancellor Merkel continued...
EU Rescue!
by Robert W. Colby
"Details of the agreement...remain to be worked out."--Reuters Risk on, for the moment. The markets seem willing to believe that this time will be different. Here is what we know as actual fact as of Thursday's close: ...
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Metals Market Commentary by Jim Wyckoff August gold futures closed down $27.10 an ounce at $1,551.30 yesterday. Prices closed nearer the session low and hit a fresh four-week low yesterday. The key "outside markets" were bearish for gold yesterday as the U...
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Here and Now
by Janice Dorn, M.D., Ph.D. You must live in the present, launch yourself on every wave, and find your eternity in each moment...Henry David Thoreau How do we create our best life?How do we find that ...
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Trade to Trade Well, Not Just Make Money!
by DTI Trader I have repeated this statement hundreds of times to my students.  It seems like a contradiction but it really is not.  Traders who routinely make enormous amounts of money trading don't mentally count the dollars while they're trading. They don...
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