FX markets are currently closed… please use diversion!
Posted on September 30, 2009 at 9:21 in Uncategorized by Phil NewtonNo Comments »

FX markets are currently closed… please use diversion!

It seems like roadworks are being done in the FX Market this week with several blockages expected and a diversion is certainly needed.

Is the quiet week so far surprising or as expected? As we have been talking about in the LTR this week so far this week is playing out as expected. multi 10cent+ moves over the last few week and coming into the month end and start of new month with a few big figures out at the end of the week (NFP)

As there have been such big moves I expected there to be not too much action for the first part of this week and the start of the new month on Thursday could see some money flow ahead of NFP and failing that perhaps and eary move on Friday.

Until then it really is sit on hand and wait for the set ups to develop which are taking an eternity to develop once again, that is if they set up at all.

keep the faith

Phil

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Wecome back me & Webinar
Posted on September 30, 2009 at 8:40 in Uncategorized by Phil NewtonNo Comments »

Hi Folks,

Been a few weeks since Ive posted a blog entry due to a short vacation away and boy did I need a break away to recharge my batteries.

Anyways, I’m back in the saddle and I’ll get some regular posts back on the blog when something starts to look interesting. Charts do look a little messy and choppy this week. most likely due to end of month and NFP on Friday, and not to forget the multiple 10cent+ moves Ive missed while on my break away… ah well always another day!

So with that in mind I’ll be starting my presentations again today at the usual time in the usual place

http://www.fxstreet.com/search/contributors/authors/author.aspx?id=27ba7b24-e6e4-4b8b-9443-2457d23752c6

see you all there

Phil

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