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MOT #69 - Start Strong, Trade Strong, Finish Strong

posted by wiredprg 1286 days ago in Trading Psychology made popular 1286 days ago

Don't forget to check out the new Mind of a Trader blog!http://www.tradingpostfinancial.com/mot-------Each of us needs to set goals within our personal trading programs to become successful.We all need to know exactly...

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Eurozone enters first-ever recession

posted by sassygirl 1289 days ago in GBP, Fundamental, GDP made popular 1289 days ago

Official figures show that the eurozone has fallen into recession after the economy contracted by 0.2% in the third quarter. This follows a 0.2% contraction in the previous quarter from April to June.

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U.S. Economy: Jobless Rolls Reach 25-Year High,Exports Slump

posted by twilight 1290 days ago in USD, Fundamental, Employment made popular 1290 days ago

The global economic slowdown is deepening, according to reports today that showed the number of Americans collecting jobless benefits jumped to a 25-year high and U.S. exports plunged.

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Pound hurt by comments, jobless claims

posted by eriathwen 1290 days ago in GBP, Inflation, Employment made popular 1290 days ago

The pound weakened versus the euro and the US dollar on comments from Bank of England governor Mervyn King, who said that the UK economy will likely continue to contract next year, opening the way for more interest rate cuts.

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Global Recession is Upon Us

posted by blitz 1290 days ago in Fundamental, Special made popular 1290 days ago

Even though we have yet to be declared in a “technical” recession, there are experts and analysts from around the globe insisting that the developed world — including the U.S. — is in a recession.

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The Economic Crisis and Its Aftermath: A Detailed Analysis

posted by MarcB 1292 days ago in USD, Fundamental, Daily made popular 1292 days ago

Since this is a political season, and with the economic crisis, I think everyone in finance understands there is a sort of “silly season” that ensues. We certainly noted the sort of irrational behavior that would immediately make an economist que

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Oil falls to $60 as China spending optimism wanes

posted by strawberry 1292 days ago in USD, Oil made popular 1292 days ago

Oil prices fell to near a 20-month low of $60 a barrel Tuesday as hopes waned that a huge Chinese spending plan will do much to avert a prolonged slowdown in the global economy.

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Canada's Dollar Little Changed as Trading `Poor' on Holiday

posted by stephenie 1292 days ago in USD, CAD made popular 1292 days ago

Canada's currency was little changed against the U.S. dollar as liquidity was described as ``poor'' on the Remembrance Day holiday.

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More gloom for British economy

posted by grink 1292 days ago in GBP, Retail Sales, Housing made popular 1292 days ago

British retail sales tumbled to a three-year low and transactions in the housing market slowed to a near standstill in October, underlining mounting woes for the U.K. economy.

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ZEW German Economic Sentiment Unexpectedly Improves to -53.5

posted by chloegurl 1292 days ago in EUR, Fundamental made popular 1292 days ago

Rescue packages and central bank rate cuts helped to push the Centre for European Economic Research (ZEW)'s German economic sentiment indicator up to -53.5 in November, up 9.5 points from October's record low. Economists hadn't expected such a st

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Service Sector Contracts In October, But At Slower Than Expe

posted by MarcB 1298 days ago in USD, Fundamental, Employment made popular 1298 days ago

Activity in the service sector contracted in October after two consecutive months of growth, according to a report released by the Institute for Supply Management on Monday, although the pace of contraction was not as fast as economists had been

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Short EUR/JPY

posted by vlad250 1299 days ago in EUR, JPY, Technical made popular 1299 days ago

What's Up! It looks like today's rally in risk is giving me an opportunity to play a Fibonacci setup on EUR/JPY today. A return to the downside this week?

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