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Sentiment in the Forex Market: Indicators and Strategies to Profit from Crowd Behavior and Market Extremes
book

Sentiment in the Forex Market: Indicators and Strategies to Profit from Crowd Behavior and Market Extremes

by Jamie Saettele
August 2008
Intermediate to advanced
208 pages
6h 50m
English
Wiley
Content preview from Sentiment in the Forex Market: Indicators and Strategies to Profit from Crowd Behavior and Market Extremes
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c04 JWBK195-Saettele May 25, 2008 10:13 Printer: Yet to come
Using News Headlines to Generate Signals 63
44. Headlines: Euro Continues Recent Plunge, Yet Officials Show No
Alarm, Wall Street Journal, November 30, 1999, and Yen’s Rise, Euro’s
Plunge Raise Concerns, Wall Street Journal, November 29, 1999
Commentary: The EURUSD had been falling steadily and closed at
1.0087 on November 30. The pair would trade no lower than .9991 on
its way to 1.0415 by early January.
45. Headline: Yen’s Plunge Takes Toll Around World, Wall Street Journal,
June 16, 1998
Commentary: An amazing signal. The USDJPY topped out on the
day of the headline at 146.78 and fell to 133.70 in three days. A sec-
ondary high was made in August before the JPY gained significantly
(the USDJPY was nearly 100 a year and a half later).
46. Headline: Dollar Plunges As Fear Of Intervention Begins To Rise, Wall
Street Journal, May 12, 1997
Commentary: The USD Index hit a low of 94.28 on the 12th and
enjoyed a brief rally before falling to 93.07 on the 21st. The index then
skyrocketed through 101 in August.
47. Headline: Sterling Plunges as Concern Emerges About Economic Im-
pact of Recent Gains, Wall Street Journal, December 4, 1996
Commentary: The GBPUSD closed at 1.6387 on December 4th and
at 1.6268 on December 5th before rallying through 1.7100 in less than
a month.
48. Headline: Dollar Plunges As Investors Conclude ...
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Publisher Resources

ISBN: 9780470208236Purchase book