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Tuesday, January 11, 2011
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In the news Australia - Australian floods extend across Queensland & on the other side Lake Clifton Fire
Euronews | December 31, 2010 | 17 likes, 3 dislikes
Flooding across Australia's northeast is continuing to cause chaos and shows no sign of abating.
The country's now recorded its wettest spring, causing six major river systems in Queensland state to burst their banks.
An area bigger than France and Germany combined has been affected, with some 22 towns across the state inundated, leaving some 200,000 people stranded.
Prime Minister Julia Gillard has been touring some of the areas hit by the worst floods Australia's experienced in about 50 years.
http://www.euronews.net/
The country's now recorded its wettest spring, causing six major river systems in Queensland state to burst their banks.
An area bigger than France and Germany combined has been affected, with some 22 towns across the state inundated, leaving some 200,000 people stranded.
Prime Minister Julia Gillard has been touring some of the areas hit by the worst floods Australia's experienced in about 50 years.
http://www.euronews.net/
and they are getting worse with Brisbane threatened yesterday
whilst on the other side of the country there is a shortage of water
Footage of the Lake Clifton Fire on Monday 10 January 2011.
Perth News - ABC Perth - Australian Broadcasting Corporation
The Western Force are setting their goals high for season 2011, believing last year's injury-ravaged campaign has actually ... Monday 10 January 2011 6:50pm. News Online. Valuable asset . ... Fire engulfs Lake Clifton Photo icon Video icon ... Homeless in Australia. Stories of survival. Back to top. 720 ABC Perth ...
www.abc.net.au/perth/news/South West WA News - ABC South West WA - Australian Broadcasting ...
Tuesday 11 January 2011 7:08am. News Online. Smoke from a fire near Lake ...
www.abc.net.au/southwestwa/news/?page=1
Smart Indicators To Trade Crude Oil With Synergism
Now that we have "Silly Season" behind us, it's time to get serious about trading
In today's video we are looking at crude oil. This market has been a disappointment to a lot of traders as has remained in a broad trading range for the past 18 months.
The current trading range will eventually be broken and the market will move in the direction of the breakout. While our long-term indicator, the monthly "Trade Triangle" continues to be positive, short-term "Trade Triangles" are indicating weakness. With a score of -60 for February crude oil, we expect that this market will be range bound in the short term.
One of the indicators we discussed in an earlier video is in an oversold condition, indicating a potential rally from current levels could be at hand. That being said we would wait for some other combination of indicators to confirm that a move is underway.
For the past 18 months the best way to trade crude oil has been with the use of an oscillator indicator. The one we're looking at in today's video clearly shows you where the lows and highs are coming in and indicates a potential market bounce from current levels.
We expect that after such a long period of sideways action, almost 18 months, that the crude oil market will come alive and present some great trading opportunities in Q1 and Q2.
As always our video's are free to watch and there are no registration requirements.
All the best to you,
Adam Hewison
President of INO.com
Co-founder of MarketClub
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