Published in July 31st, 2008
I’ll postpone the third piece of the Hit Your Target Series to Tuesday August 4 2008.
In this blog I’d like to review the AUDUSD to illustrate that the best trades are those at inflection points i.e. at decision junctures in their technical picture.
This analysis begins after I have completed the right-brain brainstorm. The critical question […]
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Published in July 30th, 2008
Yesterday I wrote about the first steps we need to take to achieve our aims: clarify our outcomes and ensure we raise our commitment to the necessary level. This is what I see as the pre-vision and vision stage.
The next phase is to create our goals. In goal formation it’s important:
we define the outcomes of our strategic goals
identify […]
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Published in July 29th, 2008
I wrote a series of blogs on the strategic aspects of attaining trading success - The Essential Strategic Elements for Trading Success and the series on Routines and Habits starting with Routines and Habits . I am ending with Routine and Habits VII (January 2008)
In this blog, I’ll continue the thread by examining the link […]
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Published in July 28th, 2008
The numbers of visitors from Australia and India have increased dramatically in the past 2 weeks. The US and Singapore still lead but the others are catching up!
In view of this, each Monday I’ll post a chart/charts of the stock index from each of the four countries with a short commentary. The ideas behind the […]
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Published in July 25th, 2008
Trading success is no different to any other form of success. There are certain strategies that facilitate achieving our goals.
The first of these is VISION. I see ‘VISION’ as a motivational road map that encompasses all of the various facets of our life. Our participation in the markets is but one area of our activity […]
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Published in July 24th, 2008
In ‘Atlas Shrugged’, Ayn Rand described the final stages of the breakdown of a socialised USA.
If you haven’t read the book, I heartily recommend it; it’s on my annual ‘Re-reading’ list.
In ‘Blood in the Streets’ Lord Rees-Mogg and Davidson put forward a convincing argument for a denouement of the USA as the premier world power.
The […]
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Published in July 23rd, 2008
First off, my apologies to readers not in the S-E Asian area - today’s blog is unlikely to hold much interest for you. The reason is I am going to be answering the questions raised on a subject in recent e-mails. Rather than reply individually, I’ll post my answers here.As a background, I am running […]
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Published in July 22nd, 2008
In yesterday’s blog, I laid the foundation for today’s analysis of the 30 Year Bonds. I am most comfortable with a trade when the price action for a secular (long-term) trend accords with the economic picture.
I have said this in earlier blogs, but it’s worth repeating: I subscribe to the Austrian School of Economics. Their […]
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Published in July 21st, 2008
First off, thanks, Ana, for helping out on Friday - I was trying to do too much too soon and paid the price.
I was going to examine the 30 Yr Bonds today - but I think a better approach is to lay the foundation for the comments.
In my trading, I look for an idea that […]
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Published in July 18th, 2008
I am back to the rescue – our mentor has been sitting up a little too long and this has taken a toll on him. I offer to take over whenever he finds it hard to sit up at his pc to write his piece. Today , he is reeling from fatigue, partially from taking […]
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