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S&P Momentum, AUD/USD Trade

May 23, 2011 8:59 AM ET
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Seeking Alpha Analyst Since 2008

The London Forex Broadsheet™ (https://www.thelfb-forex.com/) (commonly known as TheLFB™) was formed by institutional traders and business professionals with a strong desire to give something back to the retail trading community. TheLFB team has over three decades of trade experience in institutional environments. TheLFB team comprises a mixture of analysts and business professionals who have built and worked in trading rooms globally, and have played key roles in developing Fortune 500 companies. The main LFB website is a visual tour-de-force — fun, bright, collegial and uncluttered. There are designated areas which cater to all special interests and needs. Blogging, analysis, economic calendar, trade desk, virtual trade room, daily broadcasts, trade alerts, and an array of features as deep as it is broad.

Further to the call to action on Friday, covered in TheLFB client note and news article to sell S&P 500 from 1333 targeting 1328, 1323, and then 1315. The initial equity moves have all completed. S&P 500 futures are 24 points lower than at mid-day on Friday. Traders who only access the 9-to-5 Wall Street cash market will be waiting on the gap lower on SPY exchange traded fund valuations that play catch-up on overnight global equity weakness.

The article highlighted an alternative trade for those who do not want to sit and wait for Wall Street to open. Clients received a trade signal call to action to sell AUD/USD in-line with global equity weakness. There can be little doubt that when global market sentiment and momentum signals trigger, the subsequent price action moves in 24-hour currency trade are strongly aligned.


TheLFB trade desk generates trade signals that highlight specific price points to trade from, and market alerts that highlight sentiment changes.

Clients receive detail on gold, silver, crude oil, equity indices, equity ETF’s, the dollar index, and eight major currencies. In the above example, the call to action was either sell into S&P 500 weakness, or if the move happened in Asian and European trade, to sell the currency pair AUD/USD.

The S&P 500 and AUD/USD trade signals have run their course, hit their targets, and global market traders can rest easy ahead of the Wall Street gaps lower. Whether Microsoft now follows suit, and no matter whether SPY gaps lower, the new generation of global market traders have already made good use of the overnight momentum.

TheLFB’s Trading Global Momentum training course is designed for equity traders and investors to learn how to get ahead of the global momentum curve and to generate their own signals that follow the above format. Don't miss another move while waiting for the opening bell. Learn the institutional impact of gold, silver, and oil global trade momentum on your portfolio, and how best to monetize it. Receive a personalized trade plan and a technical strategy. Develop a repeatable process, maximize your time, and minimize your effort.

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