Behavioral Price action vs.

TECHNICAL & FUNDAMENTAL - USDX, EURO & CABLE

Fed Ben Bernanke's comments have been played cautiously with the Fed still ready to do more if and whenever they need to to spur economic growth. Many have a mixed of interpretation but however more downplayed hawkish rather than dovish so to speak.

Reviving the US economy with a well controlled inflationary measures as contrary to a stimulus package of QE3 has been a tireless effort for some analyst to keep strategies on trade analysis based on their respective reports, and sometimes to a point of being overly bias. Meaning, that a report from an FX analyst would reflect their bias trade position in the market.

The reliability of an independent-minded trader/strategist where a trade position is based on a current market trend rather than a price call. Calling a currency price closest to its objective is a true to life market call versus a price call on both sides of the trade without the conviction of the market trend to be. If and whenever a market call of a trend has been made and did not achieve its objective then the analysis based on such a call is incorrect. The call can now be corrected based on the outstanding strategies available for the trader whenever the trade position is a mistake too early or a mistake where the trader has no other alternative but to wait it out until such time it goes to his favor or not. A typical trade can be viewed from our Case Study of the Euro. Where a typical good trade was once placed but was left out and still active in the market could have been simply avoided and corrected earlier.

On the Technical & Fundamental Corner: USDx, Euro & Cable continue on our website: http://www.megatrade101.com/