FYI | Dec 07 2011
FNArena has added another video to its Investors Education section on the website. In this latest video, ATW's Jerry Simmons explains why it might be wise for investors to pay close attention to what is happening in EUR/USD. If his current (technical) analysis proves correct, EUR/USD might be readying itself for a substantial move upwards. Given the euro's role as barometer for global risk appetite, this would bode well for risk assets worldwide.
It would appear that 1.350 is the crucial level. Will the euro run past it?
Simmons also reviews the S&P500, the Nasdaq, financial stocks and Bank of America in particular.
To view the ATW Strategic Prep Video click HERE or visit the FNArena Investors Education section of the website.
Here's the direct link: www.fnarena.com/index2.cfm?type=dsp_front_videos&vid=62
All views expressed are Jerry Simmons's, not FNArena's (see our disclaimer).
Jerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the “Masters” Programme within the education system at New York based Advanced Trading Workshop (ATW).
FNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.
The above mentioned videos can be accessed via the FNArena Investor Education section at http://www.fnarena.com/index4.cfm?type=dsp_front_videos)
