Published in December 31st, 2009
Wishing all my readers the best for 2010. I hope it brings you all you want and more.
Have a blast tonight!
Refer this blog post to a friend or colleague…
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Published in December 30th, 2009
BarroMetrics Views: A Year in Review
CALLS
2009 was a good year from this Blog. We made quite a few timely calls; the most noticeable were:
The S&P bottom in March.
The US$ Index (DX) low in November.
The Gold high on December 3.
The least successful calls were the ones on the S&P - although by luck and skill (G), […]
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Published in December 30th, 2009
BarroMetrics Views: A Possible S&P Top? (II)
To add to my comments yesterday. One of the measures I use to assess the health of a market is ‘consensus surveys’. The two I like are: Whisper Numbers and Sentiment Trader.
Whisper Numbers ihas a neutral reading but is showing sentiment divergence with price. In other words, the sentiment […]
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Published in December 28th, 2009
BarroMetrics Views: A Possible S&P Top?
Tyler Durden in “A Three-Month Flat Market” says:
“not only is there no volume breadth to the recent move in the markets, but the actual push higher likely occurs on at most tens of thousands of futures contracts on a daily/weekly basis. The fact that literally several blocks of AH trades, […]
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Published in December 23rd, 2009
I’ll continue with the analysis of US$ crosses next week.
Today I’d like to wish all my readers the best of Xmas. My sentiments for you at Christmas are best expressed by Augusta E Rundel:
“Christmas - that magic blanket that wraps itself about us, that something so intangible that it is like a fragrance. It may […]
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Published in December 22nd, 2009
BarroMetrics Views: US$ - Bear Market Rally or Start of New Up Trend? (III)
Today we’ll have a quick look at the NZDUSD - its pattern is almost exactly the same as the AUDUSD.
Figure 1 is the long-term, monthly chart. The key question is whether the bottoming pattern is complete. We won’t see confirmation of that […]
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Published in December 21st, 2009
BarroMetrics Views: US$ - Bear Market Rally or Start of New Up Trend? (II)
Back to the GBPUSD and a look at the 18-day trend (monthly trend).
FIGURE 1 shows the equivalent of the 13-week swing (black), 18-day swing (red) and 5-day (blue).
The 18-day is in a sideways trend (ABC). The BPUS is in the process of […]
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Published in December 18th, 2009
BarroMetrics Views: US$ - Bear Market Rally or Start of New Up Trend?
Normally I’d look at the DX (US$ Index) to answer the question. But for that instrument, I have insufficient data. What I’ll do instead is first look at the majors, then the AUDUSD and USDCAD.
Today, I’ll start with the GBPUSD.
Figure 1 shows the […]
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Published in December 17th, 2009
BarroMetrics Views: The Foundations of Success
In this blog, I want to consider the Foundations of Success - not just what is needed for success in the markets but what we need to succeed in any field. It seems to me that before we can succeed in the markets, we must first lay down the foundations […]
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Published in December 16th, 2009
Unheard of in Singapore, but sad to say, brown-out is real in one hilltop condominium in HK, as our mentor Ray sent some of us a message today:
“A quick update on my electricty problems - writing this at Pacific Coffee Shop (HK version of Singapore Coffee Bean).
My supplies will be connected sometime between 4:00 and […]
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