The markets these days seem to be taking direction from the most fickle and capricious aspects of fear management. News ? What's considered news these days for binary options traders and other investors? The facts haven't changed over the last 2-3 months, yet looking at the behavior of the markets it would be difficult for the best analysts to come up with a means of explaining why on earth the markets can't decide whether to head higher or lower. Of course, consolidation periods exist in every market. And these periods are even considered the most important momentum builders as compared to any other period. However, when news hits the markets, markets are expected to react. When no news is present, well that's a different matter. It could be that we have simply reached some sort of meta-equilibrium point whereby the balance of bad news and fear and being counter weighted by optimism and hope. Surely, this is far from a rational explanation of what's happening. Or is it?
Europe is simply old news regurgitated nearly each day in a different spin. One day's it Ireland, next it's Greece, then next it's Spain ad nauseum. Where does this leave traders though? it's all the (Read More....)