NewstraderFX

I'm holding a short EUR/USD trade to the 38.6 retracement of the last up trend. A stop would be on a close above the trend line.

I'm going to be keeping an eye on this trend line-a break and close below it signals further weakness for the pound.

Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros and Robin Wells offer their insights on the economic crisis. What I took from this are 2 things:
1. The "medicine" administered by governments and central banks, while necessary, is likely to make us very sick....

The S&P 500 looks as if it has already turned the corner to the downside. The red trend line, which follows the March 6 rally, acted as support on 5 separate days before finally being breached on May 13. Five days later, it acted as resistance and...