News that Spain’s unemployment has fallen slightly will have come as a temporary relief to the Spanish government, however, with circa 57% youth unemployment in Spain and this figure mirrored in the PIIGS, you have to wonder at the lifetime opportunities many in the ravaged recession/austerity hit countries will experience. All of the PIIGS have […]
The rain in Spain falls mainly on the young unemployed Read More »
New traders will constantly see references to “locking in profits” and “moving stops to break even” and may be slightly confused by the meaning. In this article we’re going to discuss what we mean by locking in profits and later on this week we’ll also enter into discussion on what can be quite a contentious
Methods to lock in profits using Fibonacci and the PSAR Read More »
It’s becoming increasingly tricky to know how to fairly and dispassionately judge the various sentiment surveys from Markit economics. On Monday they suggested that the UK’s manufacturing orders have reached a 19 year high and that the manufacturers in the UK are employing an extra 5,000 each month. As a consequence analysts in the UK
There has been a raft of PMIs printed this morning beginning with the HSBC sponsored Markit Economic data which held at its expansion level of 51.4. The EZ modest recovery looks to be continuing with the manufacturing PMI up a few ticks from October’s reading. Spain and France didn’t fair too we’ll with Spain’s manufacturing
Eurozone manufacturing recovery continues but without France and Spain Read More »
Sunday-Monday morning is a relatively quiet opening for high impact news events, capital spending in Japan is predicted to rise by 3.1%. The HSBC final manufacturing PMI for China is expected to come in at 50.5. There is a raft of Australian data published overnight/early morning, with building approvals being the standout piece of data
Trend trading analysis week beginning December 1st Read More »
