In an article series aimed at the new Global Market Traders written by Chris Lewis, the role of Hunters and Gatherers in trading is examined.
The Hunter Traders; mean, solitary, possessive, determined to a fault
The Gatherer Traders; calm, collected, and passive on the surface
When it comes to trading, I have to say I firmly believe that the gatherers of information have the upper ...
The EUR/USD dropped down to its uptrending support level at 1.4200 while the GBP/USD is still hovering just above support at 1.6100. Charts, videos and analysis.
The focus today is mostly in the US: ADP Non-Farm Employment Change and the FOMC Meeting Minutes are the highlights. Also note Australian and European GDP. Lets see whats up for today.
S&P futures are holding 995 support, but will need to see German Dax futures at 02:00 EDT hold 5300, if Wall Street will easily be attracting buyers in the cash market.
A great article that puts the Equity/Gold equation in-line for September;..."Were heading into September, so its a good time to revisit the historic seasonality of gold and gold stocks.
Over the past four decades, September has been the best time for gold in terms of its month-over-month price appreciation. You can see this on the chart below in a typical year, the price of gold in ...
European finance ministers lined up behind proposals to rein in bank bonuses as governments sought to forge a common stance on overhauling the financial system before a summit of the Group of 20 nations.
The bonus culture must come to an end, Swedish Finance Minister Anders Borg, whose nation currently holds the rotating European Union presidency, told reporters today as he arrived for a ...
One bar closing belowan uptrend does not a market turn make...
Having said that I agree with your analysis and believe that 1,000 level will hold - for now.
Given that September is traditionally a bad month for US equities I don't expect this year will be much different.
Look at the numbers that posted today, Sept 1
US PMI - 52.9 an expansionary number
US pending home ...
Quote:
Originally Posted by Trout
Gold is actually higher on the day even w/ stocks and former carry gettng drilled...
Interesting because oil is down in tandem with the S&P
DailyFX.com, the forex portal from FXCM, has launched a new version of its site, and it looks quite good. Despite being a non-independent forex portal, its quite rich with good features. Heres a review.
British house prices rose by 1.4% in November for the fifth consecutive monthly increase, mortgage lender Halifax reported Tuesday. The rise brought the average price to 167,664 pounds ($275,455), which remains 1.6% below the average seen in November 2008. Over the first 11 months of the year, the average price has risen by 4.2%. "Somewhat higher demand has combined with a low level of properties available for sale to push up...
* Moodys says UK and US debt ratings slightly weaker * UK November industrial output slightly weaker than expected * UK home prices rise faster than expected * Dubai stocks fall hard amid more worries of difficulties in restructuring debt * Dubai finance chief says crisis exaggerated, credit market cooperating * Bank of France sees Q4 growth slightly above expectations Sterling has again been the most volatile of the major currencies during...
A one-off tax on bankers' bonuses is expected to form the centrepiece of Alistair Darling's pre-Budget report - the last before the general election. The chancellor is under pressure to explain how he will meet his pledge to halve the deficit over four years by cutting spending or raising taxes. The Conservatives say borrowing levels, which could exceed £175bn this year, need to be reduced much more quickly. Support for youth...
The dollar showed little clear direction in European trading hours Tuesday, initially moving higher despite dovish comments from U.S. Federal Reserve Chairman Ben Bernanke before falling against the euro once more.
If you are going to be successful in trading there is one thing that is essential for you to get absolutely clear and if you do not you will face trouble. Trading is NOT gambling! Unfortunately many people think it is. This just shows a deep lack of understanding on their parts. IF, you think that trading is gambling you are setting yourself up for a self fulfilling prophecy of failure. Now, before we begin, lets answer this first: Can...
There is no room for hope in trading. You have learned your lessons, and done your back-testing, or you havent. If you are relying on hope in this game you are in trouble. I received an enjoyable e-mail yesterday from a new client who was having a good time with the majors.
Official estimates of Japans growth between July and September were revised down heavily on Wednesday, suggesting the countrys recovery is more fragile than previously thought. Growth on the previous quarter was revised down from 1.2 per cent to 0.3 per cent. At an annualised rate the revision was from 4.8 per cent to 1.3 per cent. The growth revision highlights the risk of a double dip recession with the economy turning down again...
The yen rose against the euro and the dollar as signs the global economic recovery is losing momentum spurred demand for Japans currency as a refuge. The yen gained versus all 16 most-traded currencies tracked by Bloomberg before reports that may show German industrial production slowed and the U.S. trade deficit widened. Federal Reserve Chairman Ben S. Bernanke said yesterday the U.S. faces formidable headwinds, damping speculation...
"Tribes of hunter-gatherers have more freedom. The... "Tribes of hunter-gatherers have more freedom. The leaders have a little more power than other members of the tribe, but they don't gene ...
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11:09 PM April 21, 2008
from twhirl
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