Published in October 20th, 2010
BarroMetrics Views: Managing the Right Side of the Chart
We humans don’t handle uncertainty and ambiguity well - in fact whenever we are faced with an uncertain situation, we trigger that area of the brain where pain triggers are located. For this reason, it is important we have risk management strategies that preferably have become a […]
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Published in October 18th, 2010
BarroMetrics Views: Denial and Trading
Denial is part of human nature - it is part of our hard wiring. In the fourth century BC, Demosthenes said: ” Nothing is easier than self-deception. For what man wishes, that he also believes to be true”.
But just because denial is hard-wired into our psyche, it does not mean all […]
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Published in October 18th, 2010
BarroMetrics Views: FRED Graph
My view has tended to be that the S&P would run to September/October 2011 before turning to test the 666 low. I felt that the catalyst would be renewed lending by US banks. This would lead to the FED having to raise rates at a time when the US economy was still […]
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Published in October 14th, 2010
BarroMetrics Views: The Tipping Point
In “Wall Street, Money Never Sleeps”, Mike Douglas utters a memorable line: “The next one will be the tipping point“. He was speaking of the 2000 and 2008 Wall Street, sell-offs and was venturing the opinion, that the next crisis will be the biggest of them all. It’s a scary thought […]
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Published in October 13th, 2010
BarroMetrics Views: S&P
Today I am looking at the longer perspective of the S&P.
My take of the S&P is governed by the fact that I believe it is repeating the 1966 to 1982 sideways/bear. Figure 1 shows the analog.
The Hurst Cycles indicate that Sept/Oct 2011 is likely to be the period most likely to see […]
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Published in October 12th, 2010
BarroMetrics Views: Clear Mind Trading
I was going to write about the S&P on Monday; but given it s Columbus Day in the US, I’ll postpone that topic till Tuesday.
Instead, today, I’ll comment on a workshop I attended on the weekend hosted by Trading State.
For me it was a great experience. “Clear Mind Trading” emphasizes the […]
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Published in October 11th, 2010
Message from Ray about his next Webinar in October:
In May this year, I have made a presentation at Grand Hyatt Singapore. The seminar was so successful that 600 seats were all filled and 500 more had requested to view the seminar recording.
Many of these attendees and video viewers then […]
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Published in October 8th, 2010
BarroMetrics Views: Shanghai Index
Today I’ll be looking at the Chinese Shanghai Index.
Figure 1 shows the monthly chart. The SI retraced 78.6% and greater (retraced 87%) of the move up from the 998 low. The greater than 78.6% retracement suggests we’ll see at least a sideways market between 6124 and 998. This means that I […]
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Published in October 8th, 2010
Cross ref:
http://anatrader07.wordpress.com/2010/10/08/trt-seminar-by-ray-on-oct-29-2010/
For your information, Seats are limited to 30. Please register early to avoid disappointment.
Details at:
Discipline – How to Acquire It; How to Maintain It
TRAINER
Mr. Ray Barros
CONTENT
Understanding the Nature of Discipline
Why Will Power is Not Enough
The Rider and Elephant Analogy
Not Knowing What We Don’t Know – Our Governing Default […]
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Published in October 7th, 2010
BarroMetrics Views: Indian Nifty
Over the next few days, I’ll have a look at some regional markets.
The first one will be India’s NIFTY.
Chart 1 is a Monthly Chart of the NIFTY with Steidlmayer Distributions off the Quarterly Zones. The target for this move is 7500 to 7165. There is resistance at 6500 to 6667. Chart 2 […]
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