FOREX EDUCATION AND ANALYSIS: Market Rally or Not?

Monday, August 06, 2012

Market Rally or Not?

With no action in August from the FOMC and only rhetoric coming from the ECB the market is starving for positive data. Just check out this post on Zero Hedge on the baffling nature of the market this summer ...

http://www.zerohedge.com/news/baffle-bs-continues-non-manufacturing-ism-better-expected-employment-drops-lowest-2011

I am personally looking to Elliott Wave Principals supported by Fibonacci confluence zones to control my trading action.

Happy Trading!!

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