Fed Facade Adds To Market Gains

U.S. markets ended Tuesday on a high note after the Fed put up a calm face amid credit woes and held interest rates at 5.25 pct. The Dow closed up 0.26 pct, the tech-laden NASDAQ ended the day up more than half a percent, while the S&P500 paced gains of 0.62 pct.
European shares also closed in the green Tuesday with the FTSE100 rising 1.93%, the CAC40 adding 1.58%, and the Xetra DAX in Frankfurt moving up 0.93 percent on closing.
Asian markets are rallying Wednesday, with the Nikkei up 0.69 percent by 11am in Tokyo, the Hang Seng up over a percent in Hong Kong. All Australian indexes have added more than a percent.
<a title="Malabanmovie blog" href="http://malabanamovie.com/">Malabanmovie Blog</a>: “One thing to look for in a stock chart is whether or not the stock is exhibiting price variations within a trading range. In this case the highs and lows of the stock’s price are bound by a consistent high and a consistent low price. Graphing the highs and lows will show a trading band which shows the sideways movement of stock price over time. The value of a stock exhibiting a trading range is is in making smaller profits based on the smaller variations in price whilst keeping an eye on the stock for potential break out behaviour where the stock my undergo either a steady price rise or decline. Some traders will monitor a stock within a trading range to be ready for a potential breakout.
In the end, a trader will develop their own personal style irregardless of whether the latest technology for data analyis is used or the preference is for something simple like a spreadsheet. No system is 100% perfect and the aim is not to win all the time but for the wins to exceed the losses by a fair margin and in an acceptable timeframe.
Being a savvy trader means to be aware of changes in the landscape of trading systems. At the same time, have the flexibility to create and tweak your system as a blend of both personal insights and trading tools.”

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