Does the price finding mechanism known as the ‘market’ exist in the real world or is it something that only exists in theory?
Todd Harrison wrote an interesting story called ‘Hanky Panky’. After reading it, I thought that ‘Gosh! So the market is a price FIXING mechanism.’
Are we trading against Hank Paulson?
Posted on July 30th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator | No Comments »
New term: Fally. Rally based on fallacy.
You got to hand it to this guy (Kirby Daley, Strategist, Newedge group). He’s got the balls to say and like he admitted, he’s probably not going to make many friends (for the moment).
Click to view: Financial Rallies or Fallies?
Posted on July 23rd, 2008 by Soh Tiong Hum
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Potentially equidistant channel + Fib 76.4.
Posted on July 23rd, 2008 by Soh Tiong Hum
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We have a very nice set of equidistant channels now acting as support and resistance levels. It is clearly visible on the 4-hour chart. Trend appears downwards.
Posted on July 18th, 2008 by Soh Tiong Hum
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“Using Indicators in Technical Analysis is about the Right Fit with a Trend-based and Momentum-Based Studies” ~ Binni Ong, Chief Trainer
Technical Analysis class on 26 July 2008
Titled ‘Time It Right With Indicator’
9am - 5pm at TMC Educational Group, Capitol Centre
Organised by ShareInvestor
Trainer Ms Binni Ong, Chief Trainer, TerraSeeds Market Technician Pte Ltd
Registration details can be [...]
Posted on July 17th, 2008 by Soh Tiong Hum
Filed under: Lessons & Events | No Comments »
Cue from Merrill
Positive news from Wells Fargo last night combined with SEC restrictions on naked short selling gave the markets a steriod boost. Tonight we will see whether Merrill Lynch has anything positive to say about its writedowns on losses.
Consensus on second quarter writedown is between $6-6.5billion but surely the markets will evaluate the following:
the [...]
Posted on July 17th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator | No Comments »
The New Zealand Dollar versus the Singapore Dollar. Support at 1.0200.
Posted on July 16th, 2008 by Soh Tiong Hum
Filed under: Trading Idea | No Comments »
SMX, new kid on the block for commodities trading. http://www.smx.com.sg/commodity-exchange-in-singapore.html
Lets see. We got precious and base metals, agri commodities, crude and natural gas and such.
Posted on July 15th, 2008 by Soh Tiong Hum
Filed under: Software, broker and trading platform | No Comments »
There is a reason that FX Tflow™ System forex trading course was designed to incorporate 9 hours of hands-on over 3 weeks in the learning schedule.
So that you can learn our system, trade at home, come back to us to answer all your questions, analyze over again and then go back home to repeat the [...]
Posted on July 12th, 2008 by Soh Tiong Hum
Filed under: Lessons & Events | No Comments »
Akan Datang.
Purpose of the survey
The purpose of the survey is to promptly gain an accurate grasp of region-by-region economic trends. By enlisting the cooperation of people holding jobs that enable them to observe activity closely related to regional economy, these survey results can be used as basic material for assessing economic trends.
The English page can [...]
Posted on July 8th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator | No Comments »
