Stock Market Update | Hedge Funds Are Putting Risk Back On

One of the markets I watch in order to see what the hedge funds are doing, is the AUDJPY currency pair (also known to forex traders as the “carry trade”). The relationship between the AUDJPY and the stock market is a subtle and interesting one which is often wrongly ignored by traders. In fact, in [...]

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Financial Crisis | Saving Greece Will Not Save Europe

Lately I have been getting a lot of email and messages from folks asking me what I think of the Greek referendum or about the Greece rescue plan.   Let’s get one thing straight here.  Greece is a country the size of the State of Alabama. In my view a lot of this talk about [...]

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Stock Market Update | Risk Is Being Put Back On

Yesterday’s key rally on stocks saw some major gains in the financial markets with Goldman Sachs and JP Morgan (as was predicted on my facebook page) with their share prices rising by over 8%.  At the moment on the S&Ps (ES) we are over-extended and I see the temporary upside as being limited, although a [...]

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3 Valuable Trading Lessons I Learnt 10 Years Ago

As I reached my 34th Birthday last month, I wanted to share with you 3 important lessons or turning points in my trading career that I think any aspiring trader or investor could learn from: Lesson 1:  Your desire to “win” is the problem They say that the worst thing in life is not death, [...]

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