Thursday, October 6, 2011

Buy At A Dip & Save Yourself Some Pips

All sorts of Machiavellian thoughts are running through my head today and really, all I need is for the SMA on the 10-day 15-minute JRCC chart to move up slightly so that a candle/barchart closes below it for a bearish signal.

There is a bit of lag on the MarketWatch charts. If E*Trade were smart, they'd do something similar in real-time on their platform to send their daily trading volume, and consequently business, up by a few-fold.

I also noticed that historically, ADP and actual NFP figures do not match up. ADP is often off by a spooky haunted house mile.

The GOLs must be having a field day today with the additional 75 billion GBP BOE QE boost. I wonder if BOJ's next? According to the ForexFactory.com calendar, BOJ Policy Statement will tentatively be announced after the market closes today.



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