One Better One » stock trading

Identifying Entry Points Within Price Patterns

Tom Rooney — Fri, 30 Jul 2010 16:20:07 +0000

This is a follow-up discussion regarding materials covered during my participation in the recent workshop with Chris Lori. There were many great topics discussed though I found this area to be particularly relevant to everything we cover here. Please note that there are mentions of a couple price movements that some of you might not yet be familiar with, and they will be covered in greater detail in the new site. If you have any questions in regards to particular strategy, please be patient and rest assured they will be covered in the future. I am aware that attendees are the only ones that have seen some of this info from me thus far.

Chris also has many materials in which similar strategies/like patterns are already discussed, ready for viewing, if you prefer. You can access his site by clicking here. In the video, I reference 2 other articles on this site as well as one section…here are the links to those:

http://www.nobrainertrades.com/2010/05/all-about-diagonal-trendlines.html

http://www.nobrainertrades.com/2010/05/brushing-up-on-chart-patterns.html

http://www.nobrainertrades.com/search/label/PPTS%20Main

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Euro Slips On Weak European Stocks

Tom Rooney — Fri, 30 Jul 2010 09:27:19 +0000

The euro drifted lower against other major currencies during Friday’s early European deals as the regional stocks declined. The euro fell to a 1-week low against the franc and a 4-day low against the yen.

European stocks fell,taking cues from…

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Euro Back Above $1.31 Amid Recovery Hopes

Tom Rooney — Fri, 30 Jul 2010 03:40:43 +0000

The euro jumped above $1.31 for the first time since early May Thursday, supported by further evidence that the European economic situation is better than feared this spring.

As the region’s credit crisis continued to ease, another round of encouraging…

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Thank You, Australia

Tom Rooney — Fri, 30 Jul 2010 03:40:13 +0000

Just a quick note to say “thank you” to everyone overseas for showing me the best hospitality I think I have ever experienced and joining us for a great weekend in Sydney. Chris and I had a really great time and no surprise, we had a very astute group of traders join us. Follow up materials are on their way and FX-Stream.com has seen some good progress in the meantime.

Some of you were telling me about all the great things I could do in the last two days I had to spend. Here’s a glimpse of what surfaced:

From the hotel room:

If we had possums like these in Central Park people would be running for their lives:
Warning: tourists will take your picture at ANY time.
A walk through the Blue Mountains’ forest:
Holy mother of cockatoos….these guys are everywhere:
Katoomba Falls from the cable car:
Skyride, anyone?:
Parrots replace pigeons…one of the finer quirks of Australia:
Hands down the oddest bird I have ever seen in my life. It is as tall as I am and looks like it could inflict some serious damage with that beak:
Life is too easy for this guy:
The birds….yes, they rule:
Took a bit of a liking to these guys….just don’t try to touch them or apparently they don’t like to let go:
The Rocks at night….nice view of the Opera House from this perch:
Had some dinner down here both nights….can’t beat the Monday/Tuesday steak deals:
And I thought California had some serious cliffs….this one off of Shelly Beach could leave you in a bit of pain if you slipped:
Manly Beach town center…in and out:
On the ferry to Manly; saw a school of dolphins following the boat:
Little bit of a walk through the Strand:
Downtown….what a structure. Some of the interior renovations on these older buildings is truly impressive. Other cities should take note:
Walk through the gardens just south of the Opera House…government building in the background:
Wasn’t exactly prepared for the weather so I needed a jacket…the Queen Elizabeth Building came in handy for that:

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Dollar Falls Further Versus Surging Sterling

Tom Rooney — Thu, 29 Jul 2010 21:20:07 +0000

The dollar failed to fight back versus the euro and extended its lowest levels since February versus the sterling Wednesday amid renewed concerns about the pace of the US economic recovery.

A disappointing reading on the manufacturing sector raised speculation…

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Yen Rises To Multi-day Highs Against Most Majors

Tom Rooney — Thu, 29 Jul 2010 11:35:00 +0000

The Japanese yen rallied across the board on Thursday morning in Asia as most Asian stocks are exhibiting weakness today, prompting traders to seek safe-haven currencies. The yen touched multi-day highs against most majors, barring pound and the Australian dollar.…

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New Zealand Dollar Slides After RBNZ Rate Review

Tom Rooney — Thu, 29 Jul 2010 08:40:09 +0000

The New Zealand dollar edged sharply lower against its major opponents on Thursday morning in Asia following the Reserve Bank of New Zealand noted in the statement after the interest rate decision that the pace of further rate increase is…

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Aussie Slips Against Majors

Tom Rooney — Wed, 28 Jul 2010 19:35:28 +0000

The Australian dollar lost ground against other major currencies during Wednesday’s early North American session. The dollar fell to a 2-day low against the yen and fresh multi-day lows against the dollar, the euro and the Canadian dollar.

The Australian…

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GTL Infrastructure | Welspun Corp |Mahindra & Mahindra |Lupin

Tom Rooney — Wed, 28 Jul 2010 17:20:44 +0000

GTL Infrastructure
GTL Infrastructure Ltd has posted a net loss of Rs (193.292) million for the quarter ended June 30, 2010 as compared to net profit of Rs 186.955 million for the quarter ended June 30, 2009. Total Income has increased from Rs 855.039 million for the quarter ended June 30, 2009 to Rs 1437.376 million [...]

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Sensex closes 124 points lower, RIL, L&T drag

Tom Rooney — Wed, 28 Jul 2010 12:48:38 +0000

The Indian markets after trading on a sluggish note in the morning session ended the day on a negative note to close below the 18K mark. The benchmark indices have slipped this afternoon on the back of weakness in select index heavyweights such as RIL and ICICI Bank. The main draggers for the day [...]

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