Trading Madness

Well what a roller coaster ride this market has been. The bear clings on with claws as sharp as razor wire cutting American’s 401k virtually in half. Now imagine if you were one of the unfortunate that had needed this cash to live on. Many have flooded the bound markets, but this is an unwise move and the bound markets will crash in 12-24 months.
Investors have been scrambling to find ways to make their cash work for them. I have an electric orange account with ING http://www.ing.com/group/index.jsp So I would recommend looking into ING as a place to earn better interest then your bank. You link your accounts and then simply transfer money. Keep enough cash in your bank to live on and transfer the rest into ING… So in essence I’m saying America needs to get back into the SAVING MODE!

GB

EUR/GBP

I like the possible long potential in EUR/GBP. Chart shows price needs to break the down channel for confirmation.

Follow up

Price objective hit

EUR/USD

This 30min chart does look interesting to me. Its trying to break out of a down channel. I also think a double bottom bounce is in play to target zones.

Inverted Head and Shoulders (maybe)...

This 4h chart of GBP/JPY has a inverted head and shoulders pattern in the works. Should price cross the neckline pattern target would be around 156.00.
It still remains longer term bearish, but my sentiment is shifting and bullish down to the right shoulder.