Investors started «exodus from euro», while the world's central banks slowed down purchases of the European currency. Fears are raised by how Greece's financial troubles, and expectations, that the growth rate in the region will be slower, than in the USA and Japan. All of this jeopardizes the euro's status as a reserve currency.
1 February. Investors withdraw funds from assets, номинированных в евро, at a record fast pace, […]
Jake Bernstein – professional trader, American analyst and author, who uses his more than 40 years of practical experience in market analysis to test opposing and controversial points of view, formalizing and building effective trading methods. Jake Bernstein is one of the most popular and respected analysts in the stock and futures markets.. He also serves as President of MBH Commodity Advisors., located in g. Vignette, Illinois and Network Press Inc in Scots Valley, California. Jake wrote over 40 Futures & Stock Market Books, Trading Psychology and Economic Forecasting; introduced numerous methodologies for analyzing futures markets, based on cyclicality and technical analysis; is the author of the newsletter for traders; conducts online training, helping traders improve their skills and achieve trading success.
Extremely interesting.
Today the Financial Crisis Inquiry Commission invited the best analyst in the banking sector to its meeting( in my mind) Michael May.
I've been following Michael since the mid 90s. What's interesting about him, this is what, that one of the first in the USA, who began at one time to reveal the problems of the banking sector and assign sell to many large banks. For this he lost his job at Prudential. For a long time he was not even heard. And only recently his name has become a household name.
He is a very intelligent analyst, I rarely have such an opinion of anyone, who worked in large houses.
Think, that it was not in vain that he was invited to the federal level today.
Native of Hungary, George Soros learned all his survival instincts from his father during the German occupation in World War II.. They were Jews., so my father took out false documents and found places, where can you hide. It was a man, worthy of respect; in World War I, he was captured by the Russians and subsequently escaped from prison. Soros's conclusion: “Obedience has become a dangerous addiction; to survive, need to bypass the law”. And he himself confesses, what does not accept the rules, superimposed by others. He was accused of going beyond fair play in trading and stocks, and currencies. Constrained by the communist regime, established after World War II, Soros in 1947 left for the UK, where he studied at the London School of Economics. After working for a while as a traveling salesman, he found a job at a financial institution. Although Soros gained some arbitration experience, he mostly did boring office work, did not shine and, with the blessing of the company, Left. New York became his target, but he couldn't get a work visa, because I was too young, to be a specialist in any field. This was a requirement to enter the United States.. Therefore he “bypassed” the law and got myself an official certificate, which asserted, that arbitration experts should be young, because they die young; and the government let him in.
Steve Neeson, President of Nison Research International, Inc. (NRI), was the first, who discovered the Japanese method of technical analysis, known as "candlestick charts", for the West. He is an internationally recognized authority in the field., revolutionized technical analysis in the USA and Europe by applying these methods. He is the author of two popular books.: "Japanese Candlesticks" and "Beyond Japanese Candlesticks". He advises all over the world, including the Federal Reserve and World Bank. At NRI, Mr. Neeson specializes in webinars and consulting services to organizations. Detecting Early Reversal Signals With Japanese Candlesticks A prudent person has more than one bowstring for his bow.. ( Japanese proverb) Analysis of Japanese candlestick charts has this name, because its lines resemble candles. Used by generations of people in East Asia. Such graphs were in use long before columnar histograms or "tic-tac-toe", but were practically unknown to the Western world before, how I introduced them into use in 1990 year. This charting technique is now used internationally by many traders., investors and well-known financial institutions.
Besides, that the charts show the price history of the financial instrument, accompanied by volume, they are also a reflection of human behavior.. And so, that they reflect the basic human character, they can be used, as a psychological map, if you learn to read them correctly.
Market “guru” appeared from that very moment, how people faced the market. IN 1841 the classic book on market manias, "Extraordinarily Popular Misconceptions and Crowd Madness", was published in England. It is still being republished today.. Charles McKay describes tulip mania in it, boom in the South Seas in England and other massive manias. Human nature changes slowly, and today new manias, including the mania to follow “guru”, continue to reach markets.
Russell's popular Russell index will receive its annual update, event, which has historically caused significant market volatility in the dozens of affected stocks. Every year on the fourth Friday of June, the Russell indices are updated 1000, Russell 2000, Russell 3000 and other Russell indices. (FTSE Russell warns investors, what they should expect.) The day of Russell's annual update has often been one of the days with the highest trading volume of the year, Largely thanks to institutional investors and funds, that track Russell's indices, adjusting your assets, to reflect updates. This year, the Russell US Index will be updated before the market opens 27 June.
Analyst WSJ: Traders Kill Undervalued Investment Strategy Long Before 1 June, dates, to which General Motors was officially declared bankrupt, it became clear, that nothing can save the American auto giant. Nevertheless, the company's shares all this time were traded in the area $1 for pike. Wall Street Journal Analyst David Weidner (David Weidner) wonders, why this happened and GM securities did not lose all their value.
When things are going well for you, You feel great. But, when the black streak comes, Your life can turn into a nightmare. You can make money for weeks and lose everything in a few minutes. This situation repeats itself over and over, traders of all generations met with her. Therefore, everyone should be aware of this possibility and be ready to turn the game around.. Rational observation and logical reasoning will allow you to find answers to the necessary questions.. In this article, we intend to consider just one question.: “How a successful trader differs from a loser?”. The following 11 observations help me stay on track. You can group these observations into a table and use it as a measure of a trader's success.. Observation № 1 The largest number of losers are in the intraday or short-term trader group. The reason for this is not even in a tight time frame., and in that, that many of these traders lack good preparation and a thoughtful game plan. This type of trading does not forgive even minute mistakes., manipulations in it are the most risky, while losses, due to lack of knowledge and training, increase many times. Besides, these traders very often do not have sufficient capital. Lucky traders, mostly, trade in medium and long term time ranges.