One of the key economists at the IMF, Oliver Blanchard, has shared his thoughts this morning on monetary policy including ZIRP (zero interest rate policies) and quantitative easing. He notes what many in the analyst community already knew given the example of Japan; that once you engage in ZIRP there is very little opportunity for […]
The IMF; Monetary Policy Will Never Be the Same again Read More »
There is an inevitability, once traders begin to discover trading indicators, that they’ll begin to experiment with many (if not all) of the recognised most popular indicators. Perhaps they’ll start with one indicator, such as the MACD, and begin to add layers upon layers of indicators onto their chart. Then they’ll begin to adjust the
Why simple works in indicator based trading where complex often fails… Read More »
Tuesday proved to be a fascinating day for news that wasn’t previously pencilled in as high impact news events. The OECD issued another estimate with regards to global economic growth, whilst the troika is (as predicted) having difficulty in agreeing new terms with the Greek government in relation to further bailout funds. Germany’s ZEW index
Will the EU ignore the OECD’s suggestion regarding quantitative easing? Read More »
China’s commitment (through its Plenum meeting of last week) to introduce wide-ranging reforms continues to be the dominant force stoking up global investor sentiment. Shares of Chinese companies listed in Hong Kong were up another 1.8 per cent overnight to reach their highest witnessed since early March, extending Monday’s 5.7 per cent climb. The UK’s
Whether in articles, on trading forums, or various blogs, losing at trading is not a concept discussed as much as winning for an obvious reason; no writer or poster wants to come across as negative, or wants to damage the optimism that envelopes the whole retail trading market. Ego also gets in the way as
How long was your longest losing streak, how did you cope and how did you correct it? Read More »
The Dow Jones industrial average eventually hit a new record high on Monday, creeping over the critical psyche number of 16,000 for the first time shortly after the start of trading on Wall Street. The Dow rose 61 points in early trading to hit 16,023, up 0.4%. The S&P 500 also hit record highs, up
Dow Jones Index finally but briefly breaches 16,000, up circa 30% in 2012 Read More »
China’s planned economic and social reforms sent shares on the Shanghai Composite index up by over 2.8% in the overnight trading session. Shares surged ahead in Hong Kong too, where the Hang Seng was up over 3.3% in late trading. Chinese President Xi Jinping’s blueprint for economic reforms over the coming decade helped push Greater
Monday sees the publication of Europe’s balance of payments and current account details, the current account is scheduled to come in at €18.3 bn, up from the previous month’s figure of €17.4 bn. In the afternoon’s trading session the USA NAHB housing index is published, scheduled to print at 56, up one point from the
Fundamental and technical trend analysis for the week beginning November 17th Read More »
Euro area annual inflation was 0.7% in October 20132, down from 1.1% in September. A year earlier the rate was 2.5%. Monthly inflation was -0.1% in October 2013. European Union annual inflation was 0.9% in October 2013, down from 1.3% in September. A year earlier the rate was 2.6%. Monthly inflation was -0.1% in October
A backstop for banks needed says Asmussen as Europe’s inflation falls to 0.7% Read More »
Far too many trading articles concentrate on experienced traders and trading mentors offering up advice on how to be successful. Very few articles quiz the inexperienced trader and ask for a synopsis of where they are on the ladder of trading success and what remedies they’ve applied, to their overall trading system and strategy, if
