Charts, FOREX, Pivots Grain|October 9, 2012 7:53 pm

EURUSD : Wall Street leads the game

 

It is all about US equities and the speed at which the asset reallocation from bonds to stocks will continue. The political landscape and the potential Middle East time bomb are creating some understandable waves of fears. So one should follow the IM, with Eubie, WB, Roger and the rest of the gang. The Tradercockpit indicators gave us a a short term peak in the EURUSD on Monday morning. I am curious to see the update tomorrow and see if the medium term waves have turned down. If not , there could be a nice short squeeze around the corner.Short term the punch at 1.2850 for a scalp long was too tempting, so we took a punt.

PP 1.291150        Weekly 1.2969

R1  1.296425, R2 1.304350,  R31.317550   

S1 1.2832 S2 1.27795, S2 1.264750

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Alexander Hamilton
MrTopStep.com
Alexander H. Hamilton is the principal of Mountain Value, a family office, specialized in global equities and foreign exchange   He started his career in finance at Merrill Lynch in 1982. In 1984 he became a fund manager for the Guyerzeller Bank where he managed global trust accounts.  In 1989, he joined SEFI S.A, the advisor of Argus Fund, a multi compartment Luxemburg Sicav, investing in global equities and high yield bonds. He became managing director and a member of the board. In 1998 he became a partner Asher B. Edelman & Associates LLC, co-managing a European value fund. In 2004 he established Mountain Value, a family office.   Alexander Hamilton is associated with Dr. Artur P. Schmidt in the development of Tradercockpit AG ( www.tradercockpit.ch) , based on the  I-Matrix software developed by Dr. Schmidt. This approach uses cybernetic algorithms to analyses the interdependence and reciprocal effects of a variety of economic indicators and price movements.   Alexander Hamilton has a MBA from New York University Stern School of Business and a BA from the University of Lille in semantics.

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