A Forex View From Afar

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Forex Analysis

Wall Street on Credit Crisis Street

Written by A Forex View From Afar on Saturday, September 20, 2008

wall street credit crisis


Northen Rock
Bear Stearns
Countrywide Financial
American International Group
Lehman Brothers
HBOS
First Integrity Bank
IndyMac Bank
First Heritage Bank
Fannie Mae
Freddie Mac


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Trade Desk View

Fundies and Trading
There is a constant question from some traders as to why anybody would ever need to consider the ‘F’ word when trading. Fundamentals: what is so damaging at looking at both Technical charts and having a Fundamental filter to gauge how many Lots to put on? Why is it that accepting that Technicals give us price points to trade, but Fundamentals determine the direction that we travel is so difficult for some traders to accept? Without a Fundamental Filter very few pure Technical traders would have seen this Dollar move coming today.

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