Asian Trading Strategy

18 Aug

 

Real estate prices speed up to 9.3% per year in the U.S.

1 May

S&P/CS Composite betray the continuation of QE?

Bernanke, Chairman of the Fed has reasons for satisfaction: the housing market responds to monetary incentives. Rising prices generates a sense of wellbeing that encourages consumption, bringing the economy closer to potential. In addition, the decrease of unsold houses encourages and supports manufacturers that further contribute to the GDP development. On this channel, the U.S. economy manages to perform well above the European. QE policy has additional support after the S & P/CS20 rose in April by 9.3% annually. Even more interesting is that the index was above this value only in December 2008. In this interpretation, the U.S. capital market indices have preserved earlier gains seeming to prepare for a new historical high. Favorable route was tempered by the activity of the Chicago PMI index which has declined to 49 points unexpected. This obstacle is not insurmountable, watching the confidence recovery reported by the Conference Board index to 68.1 points, well above expectations. But since the end of the month brings portfolio adjustments and today’s Fed meeting scheduled the result is much less clear. If, as seems likely, the Fed will have aA careful and protective tone to the economy, the index US.30 could be on the way to a new record in early May.

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Purchasing power of the US Dollar 1913-2013

1 May

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Motivational Quotes for Traders

25 Apr

1. IF A TRADER DOES NOT UNDERSTAND WHAT HAPPENS TO HIM PSYCHOLOGICALLY WHILE IN A TRADE, HE IS DOOMED TO LOSE UNTIL HE DOES OR HE RUNS OUT OF MONEY.
2. THE MARKET PAYS YOU TO BE DISCIPLINED.
3. BE DISCIPLINED EVERY DAY, EVERY TRADE AND THE MARKET WILL REWARD YOU.
4. ALWAYS LOWER YOUR TRADE SIZE WHEN YOURE TRADING POORLY.
5. NEVER TURN A WINNER INTO A LOSER.
6. YOU’RE BIGGEST LOSER CANNOT EXCEED YOUR BIGGEST WINNER.
7. DEVELOP A METHODOLOGY AND STICK WITH IT.
8. BE YOURSELF. DON’T TRY TO BE SOMEONE ELSE.
9. YOU ALWAYS WANT TO BE ABLE TO COME BACK AND PLAY THE NEXT DAY.
10. EARN THE RIGHT TO TRADE BIGGER.
11. GET OUT OF YOUR LOSERS.
12. THE FIRST LOSS IS THE BEST LOSS.
13. DON’T HOPE AND PRAY.
14. DON’T SPECULATE.
15. NEVER TAKE A BIG LOSS.
16. HIT SINGLES NOT HOME RUNS.
17. CONSISTENCY BUILDS CONFIDENCE.
18. LEARN TO SWEAT OUT YOUR WINNERS.
19. MAKE THE SAME TYPES OF TRADES OVER AND OVER AGAIN.
20. BE A BRICKLAYER.
21. DON’T OVER ANALYZE.
22. ALL TRADERS ARE EQUAL IN THE EYES OF THE MARKET.
23. IT’S THE MARKET ITSELF.
24. ITS BORING. ITS A JOB. PATIENCE.
25. 70% OF THE MONEY FLOWING COMES FROM INSTITUTIONAL INVESTORS.
26. STRONG VOLUME IS 150% OF NORMAL VOLUME.
27. TRADE WHAT YOU SEE, NOT WHAT YOU THINK.

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Euro Official On Cyprus: “Markets Believe We Will Find A Solution, This Might Not Be The Case”

21 Mar

BFvAB8iCIAA23X2.jpg largeWhile the market levitation courtesy of the Fed, BIS and BOJ continues unabated to give the impression that all is well, allowing empty momentum-chasing chatterboxes to say that Cyprus is not a big deal because… well, look at the market (and real traders the chance to quietly dump existing risk positions), the artificial, centrally-planned calm during the storm may be ending. The reason comes from none other than the Eurogroup, whose deputy finance ministers held a conference call last night, and whose transcript has been seen by Reuters.

Here are the highlights.

 Euro zone finance officials acknowledged being “in a mess” over Cyprus during a conference call on Wednesday and discussed imposing capital controls to insulate the region from a possible collapse of the Cypriot economy.

Not very confidence boosting. But then again, with confidence in Cyprus now gone, the time for damage control is long gone. Sure enough, it just goes from bad to worse:

“The (Cypriot) parliament is obviously too emotional and will not decide on anything, if Cyprus does not even feel that they can attend the call it is a big problem for us,” the French representative said, according to the notes seen by Reuters.

“We have never seen this.”

“Ring-fencing” is back, and so are Lehman references.

 
The official also referred to the need to resolve Cyprus’s two biggest banks, both of which are close to collapse, and mentioned the possibility of Cyprus leaving the euro zone.
In the event of an exit, the official said steps needed to be taken to “ring-fence” the rest of the euro zone from the impact and to ensure there was no contagion to Greece.

Bad news for locals: your economy is done, so may as well drag the entire Eurozone down with you:

    “The economy is going to tank in Cyprus no matter what,” the notes quoted him as saying. “Restrictions on capital will probably be imposed,” he said, adding that further conference calls would be organised in the coming days.

And the punchline:

    “Markets believe that we will find a solution and that we will provide more money and this might not be the case,” one of the participants on the call said

Hint to those confused: the market is not at all ignoring Cyprus. The central banks manipulating the market are doing their best to make it seem the market is not affected by a development which not even politicians have any idea how to negate as everything is now in unchartered territory. Of course, if and when control of the market is lost, that’s when things get really interest.

Source: zerohedge.com

 

 

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