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.’
Read more →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
Read more →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.
Read more →“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
Read more →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
Read more →The New Zealand Dollar versus the Singapore Dollar. Support at 1.0200.
Read more →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.
Read more →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
Read more →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
Read more →After ECB Chief Mr Trichet uttered “no bias”, the EURUSD suffered a hefty tumble. Now there is a consolidation at the 38.2 retracement of the previous swing converging with an upward trendline.
Read more →The Dollar gyrated together with the Dow leaving the market breathless. In the meantime, headline on MarketWatch says “Bear Market: It’s now official”.
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