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Dollar Slides for the First Time in Four Days as Traders Await Risk Catalyst
The beginning of the New Trading year is an exciting time mostly because antsy traders expect liquidity to fill back out and the markets to easily fall back into new trends. If we had a clear bearing on the health of the global economy and financial markets, this would be an easy transition.
Read more...Weekly Trading Update (January 9 – 13, 2012)
“To me, this is a no contest. I want to be liberated from watching the screen for hours on end on those days where the market goes nowhere. I also want to avoid psychological stresses as the market swings up and down. On good days, price moves directly to your target with barely a flicker. [.
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