I've decided to start my own mentor classes to learn some teaching skills and make some side income.
although it can be an enjoyable session too i guess.
Well here goes, i'll start with a $1000 account and see what i can do with it in one month.
i'll trade live of it and start to advertise soon.
Sunday, November 6, 2011
Thursday, July 28, 2011
Headless Chicken market
Headless chicken market can be categorized under the uncertainty and choppy market.
It occurs before the anouncement of US debt ceiling.
It loves to whiplash as can be seen above.
Strategy : React to whiplashes and trade the breaks.
Entry : Lash in or Breaks.
Saturday, March 12, 2011
Earthquake & Yen Analysis
I have come to realize that there is a pattern in earthquake relation to yen. Lets take a look at both the Earth quake scenario
For Kobe Earthquake Refer Chart :
The Yen actually strengthened 18 percent before the dollar hit the famous “Rubin bottom” in April 1995. The dollar was already in downtrend and further weakened by the U.S. bailout of the Mexico when the Kobe quake hit, so it is difficult to fully extract its true impact on the exchange rate. (click here if chart is not observable)
For about 4 months, the UJ has Went down for about 15 points, which is also equivalent to 1500 Pips in forex.
So, for now the current earth quake. We will see. It is said that the rally is hard to be repeated as Jap Gov officials do not want the Yen to continue strengthen in the long term.
Munich Re and Swiss Reinsurance Co., the world’s two biggest reinsurers, lost 4.3 percent and 3.5 percent, respectively. Aflac Inc., the insurer that got 76 percent of 2010 revenue from Japan, shed 0.3 percent.
Stay tune for update .
http://en.wikipedia.org/wiki/List_of_earthquakes_in_Japan
Edit : The Government did intervene with the help from other countries and Yen has spiked down, weakening.
Source: http://www.forexlive.com/174132/all/analysis-the-g7-ride-again-collaborating-to-fight-yen-rise
For Kobe Earthquake Refer Chart :
The Yen actually strengthened 18 percent before the dollar hit the famous “Rubin bottom” in April 1995. The dollar was already in downtrend and further weakened by the U.S. bailout of the Mexico when the Kobe quake hit, so it is difficult to fully extract its true impact on the exchange rate. (click here if chart is not observable)
For about 4 months, the UJ has Went down for about 15 points, which is also equivalent to 1500 Pips in forex.
So, for now the current earth quake. We will see. It is said that the rally is hard to be repeated as Jap Gov officials do not want the Yen to continue strengthen in the long term.
Munich Re and Swiss Reinsurance Co., the world’s two biggest reinsurers, lost 4.3 percent and 3.5 percent, respectively. Aflac Inc., the insurer that got 76 percent of 2010 revenue from Japan, shed 0.3 percent.
Stay tune for update .
http://en.wikipedia.org/wiki/List_of_earthquakes_in_Japan
Edit : The Government did intervene with the help from other countries and Yen has spiked down, weakening.
Source: http://www.forexlive.com/174132/all/analysis-the-g7-ride-again-collaborating-to-fight-yen-rise
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