Sep
22

Protected: Stock Graduate Call 9-18-14: More Technical Analysis

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Sep
18

Stock Graduate Call Notes 9-18-14: More Technical Analysis

Below is a current chart of the S&P 500 index going back to April of this year. From a pure technical point of view, after the drop in April, the market started consolidating. During this consolidation, the market was hitting at a resistance level about 1900 over a period of several weeks. After the market hit resistance, it would come back down. However, every time it headed back down, it would not drop as far. It started to form an ascending triangle pattern. In order to confirm an ascending triangle, […]

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Sep
16

Forex Graduate Call Notes 9-16-14: Open Forum

FXCM Buys Out IBFX MT4 Accounts News released on September 5th, from FXCM and IBFX indicated a sale of IBFX to FXCM. This transaction only includes the retail accounts in the “MT4” division of the forex business of IBFX. IBFX also has another forex business line that offered their award-winning “TradeStation” platform. This division will not be included in the sale. For IBFX, this move allows them to focus on their platform “and not dilute our brand or message,” according to Gary Weiss, President of IBFX. Weiss indicated that the […]

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Sep
16

Protected: Forex Graduate Call 9-16-14: Open Forum

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