The TED spread: gauging confidence in financial markets
Hurricane Ike roared across the Texas coastline at 2:00 AM local time on Saturday 13 September, smashing into Galveston Island with sustained winds of 161 kilometers per hour (100 mph) that ripped roofs and walls off buildings. Houston, the United States’ fourth most populous city with a metropolitan […]

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Imagine this scenario: you’ve been watching an uptrending currency pair for some time as its price approaches a key resistance level, a point it had not been able to break through several weeks earlier. The price bounces beneath that level for several candlesticks, then pushes through and even closes above it.
Is this the anticipated breakout? […]

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