few weeks ago I started sending mid-week updates to my free Newsletter subscribers in order to provide additional information while thanking followers for support and continued interest in my work. In this post I am providing December 20th, 2012 mid-week update. Mid-week updates features a long-term and short-term review of the Dollar Index, include trading plans for the Euro cross & SP500 index (include in this sample). If you want to see an example of a trading plan, refer to the one published on the S&P500 index or the most recent plan on the Euro FX futures published on Jan 2nd, 2013.
Notice that I usually publish this information 8 days later on my blog. If you want to get the mid-week review as I send it, read at the end of the post. Thank you.
Please notice that in the Mid-Week review commentary below I correctly called the start of the rally in the Dollar Index that ended today.
‘I have recorded a brief video in which I reviewed the Dollar Index, the Euro-Dollar and the S&P500. I reviewed each contract only in the daily timeframe. In the medium term I anticipate a continuation of Dollar weakness but, in the short-term we could get a brief rally from the current levels. The Euro completed a daily target and needs to keep trading in extensions or face a larger retracement (below 1.3210) down into the 1.3100 area. The S&P500 also completed its 1456 target indicated on Sunday and is now retracing into the next support level. Please find the mid-week video review below:
Notice that I will only post mid-week updates to subscribers of my Newsletter. Register for free here.
I send my free Newsletter on Sundays along with other information. The newsletter typically includes: a weekly review for the Euro-Dollar cross, my FibStalker View on Currencies focusing on Forex pairs, articles on my trading method, market commentaries and HFT/Program Trading. Please, register here to receive the free weekly newsletter.
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