Published in September 30th, 2010
Currencies clash in new age of beggar-my-neighbour - screamed the headlines.
Which reminds me of the Wall Street ll movie:
Cross ref
http://anatrader07.wordpress.com/2010/09/29/a-moral-fable/
Money Never Sleeps
Greed is good, now greed seems legal, so said Gordon Gekko in the movie : Wall Street 2- Money Never Sleeps.
Gordon Gekko was jailed for insider trading , for destroying companies and […]
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Published in September 29th, 2010
With short-term interest rates around the world held at extremely low levels, many have turned to FX. It used to be that FX was relatively stable and volatility took place in interest rates. Now with quantitative easing, rates are basically zero and without volatility, FX is the place to go to. […]
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Published in September 28th, 2010
We indirectly owe our Money Management to King Midas. How so? Please read on:
Cross ref
http://anatrader07.wordpress.com/2010/09/28/hail-king-midas/
The Midas Touch
As we reminisced over our school days, many of us would have heard or read about King Midas, his initial greed and his distaste for the yellow metal when everything he looked upon and touched, turned to Gold, including […]
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Published in September 27th, 2010
A good lesson from F1, cross ref:
http://anatrader07.wordpress.com/2010/09/27/a-lesson-from-formula-1/
We in Singapore have been lucky to enjoy and witness first hand the weekend practice sessions leading up to last night’s final lap at the first ever night race held in Singapore – the Red Dot!
I watched every practice session over the weekend starting on Friday […]
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Published in September 23rd, 2010
In view of Mid-Autumn Festival, this post is in advance for Friday.
Cross ref:
http://anatrader07.wordpress.com/2010/09/23/new-lower-leverage-as-set-by-cftc/
Sharing this important news from GFT:
We’ve recently learned of new leverage requirements set forth by the Commodity Futures Trading Commission (CFTC) that will change the leverage amounts available to you.
As of 17 October 2010, all major currency pairs will have a […]
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Published in September 23rd, 2010
When we think of investments, we seldom think of investing in Art. Yet, collecting good artworks is big business in this part of the world as witness this.
Cross ref:
http://anatrader07.wordpress.com/2010/09/22/is-art-a-good-investment/
I have been invited to the cocktails of Opera Gallery exhibiting Art Beyond Limits. Judging from the number of connoisseurs that frequent their cocktails and […]
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Published in September 22nd, 2010
This is a question that newbie traders often amuse themselves with when they encounter in the media of such claims as: 100% guarantee of winning trades! I am afraid this is truly a myth, as any trader worth his salt knows.
In a similar vein, Cross ref:
http://anatrader07.wordpress.com/2010/09/22/can-any-one-claim-to-have-a-crystal-ball/
The Institute for Fiscal Studies 25 years ago had […]
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Published in September 21st, 2010
I shall be taking over the blogs here for this week or so to relieve our mentor Ray Barros who has to attend to some personal matters DownUnder among his other commitments in HK.
As I just came away from a financial event, I thought it would be appropriate to share my thoughts hereunder.
Cross ref:
http://anatrader07.wordpress.com/2010/09/21/food-for-thoughts/
Just home […]
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Published in September 20th, 2010
BarroMetrics Views: The Ray Wave Revisted
In Constructing A Ray Wave Count, we examined the AUDUSD from a 60-minute day-trading perspective. In this blog, I’ll update the AUDUSD and consider another use for the Ray Wave.
Figure 1 shows the count. I had taken day trade on Friday when the AUDUSD popped up above .9457 since it […]
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Published in September 20th, 2010
BarroMetrics Views: Webinar Post Mortem
On Saturday, September 18, 8:00 am to 12:00 PM (HK time) I held the 4-hour webinar that forms the first part of an educational series (For more info see http://www.tradingsuccess.com/hos.html). We saw a mix from novice traders (less than 3 months for one) to experienced traders (10 years and more). What […]
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