psaTrading's Posts - Page 17

Trading Journal in New Traders Sep 14, 2016 at 18:14

The major Asian indexes closed lower, because of Wall Street weakness. One of the effects that the rise in US yields has in Southeast Asian countries is the increase in financing costs in these economies. In fact, several companies and banks are financed in dollars in recent years. Now, with the appreciation of the dollar and rising US yields, debt burden for many companies as well as the cost of obtaining new loans became higher.

Trading Journal in New Traders Sep 13, 2016 at 10:59

Today begins a conference organized by CNBC, where they will participate in several personalities of the economic and financial world, as fund managers, hedge fund managers, economists, etc. This event may represent a good opportunity to know the views of stakeholders in the current environment, and which is their position in terms of portfolios and to what extent are anticipating a rise in interest rates.

Trading Journal in New Traders Sep 12, 2016 at 12:32

In recent months, several members of the Fed have been advocating being the conditions for an increase in interest rates, and September is a possible date. On Friday, the Governor of the Boston Fed, Eric Rosengren said that the risks of delaying an increase in interest rates are growing. This statement was complemented by the conviction that the US economy is in a phase of strong expansion and has shown resilience to external shocks, the most recent being the Brexit. Recent interventions by various members of the Fed, forced investors to question themselves about the possibility of a rise in i...

Trading Journal in New Traders Sep 09, 2016 at 10:34

Today, the session will be dominated by two themes. The first is the evolution of oil. The second theme of the day will be the intervention of several members of the Fed. Although the vast majority of investors have the conviction that the Central Bank will not raise interest rates in September, financial markets continue to look for evidence to support this assumption. For today, are scheduled the interventions of the Governor of the of the Boston Fed, the Dallas Fed Governor and member of the executive committee of the Fed Daniel Tarullo.

Trading Journal in New Traders Sep 08, 2016 at 08:05

The first stage of the morning should be marked by the expectation of the ECB meeting, which will likely translate into reduced volumes and a contained volatility.

Trading Journal in New Traders Sep 07, 2016 at 19:27

People feel most comfortable in a congestion or a consolidation area, but this may be the most dangerous place to be. So it would be logical to conclude that trading outside the comfort zone shall be the safest and correct one.

Trading Journal in New Traders Sep 07, 2016 at 19:26

Price is King:The truth is the price level at which negotiates an asset in the given moment, regardless of what we would like to see.

Trading Journal in New Traders Sep 07, 2016 at 19:22

The major Asian indices did not show a common trend. The Japanese stock market in recent weeks has been one of the best performers but today was penalized by the appreciation of the yen, which pressured shares of exporters in the country.

Trading Journal in New Traders Sep 02, 2016 at 13:19

The ISM index, which measures manufacturing activity in the country and is one of the most used tools in the analysis of economists, unexpectedly fell in August. In fact, the ISM fell from 52.6 to 49.4, against forecasts of 52.0. At this level, the manufacturing activity goes back a contraction phase, something not seen since February. The fall was cross the various components of the indicator, including the employment component, which fell to a phase of contraction.

Trading Journal in New Traders Sep 01, 2016 at 11:57

The month of September is full of events that can offer some challenges to investors. The first is the employment report on Friday, followed by the meeting of the ECB (8th), meetings of the Fed and the Bank of Japan (21), the first debate between Hillary Clinton and Donald Trump (26 ) and the OPEC meeting (26-28).

Trading Journal in New Traders Aug 31, 2016 at 15:41

One factor that may affect the S & P’s behavior is the evolution of the ten-year treasury yields of US government bonds. Since mid-July, the yields to 10 years have fluctuated between 1.45% and 1.63%. If increases the prospects of a rise in interest rates by the Fed is not to exclude that yields exceed the 1.63%. This level is important from a technical point of view because if surpassed may signal an upward movement in yields. In this scenario, the impact on the stock market would be negative.

Trading Journal in New Traders Aug 30, 2016 at 14:01

Yesterday's rise was also fueled by the shortage of liquidity. Most fund managers is still on vacation, and only returned next Tuesday after the Labor Day.

Trading Journal in New Traders Aug 29, 2016 at 15:46

Unlike what happened in recent years, August has been characterized by a very low volatility. In the last two weeks, the S & P ranged between 2168 and 2193. From a technical point of view, a break of the top of this range would signal the resumption of the upward movement of the markets. If the S & P declines below 2168 then increases the probability of a short term correction. Although it’s not possible to predict if the next move, some technical indicators give a higher probability for the support (2168) to be broken.

Trading Journal in New Traders Aug 26, 2016 at 14:30

Oil prices have recovered, even after the Minister of Saudi Energy have calmed down expectations of a strong market intervention by major producers in the talks that will take place next month.

Trading Journal in New Traders Aug 25, 2016 at 12:14

The market has been hovering a sense of expectation for the conference in Jackson Hole (Friday), keeping investores vigilant and more cautious, given the high degree of uncertainty as to when will happen the next change in interest rates of Fedfunds. It will therefore be important to monitor the intervention of Jannet Yellen in this event on monetary policy, for any more accurate signal relating the course of monetary policy in the short term.

Trading Journal in New Traders Aug 24, 2016 at 10:54

The banking sector may now be in focus after news about a private study in the UK, which revealed that British banks may lose a large number of domestic and European customers following the outcome of the referendum held last June and which resulted in the Brexit. The oil sector may be conditioned by the oil price drop after the unexpected increase in inventories in the US.

Trading Journal in New Traders Aug 23, 2016 at 20:43

The appreciation of the Japanese currency detracted from the performance of the leading exporting companies, specially automakers (like Honda and Mazda). The liquidity was lower, with investors waiting for the conference in Jackson Hole.

Trading Journal in New Traders Aug 22, 2016 at 12:05

Last Friday, the US stock market ended lower, with investors showing some concern regarding the Fed decision at the next meeting. Still, the Nasdaq managed to end the eighth consecutive week of gains since April 2010. The session was marked by the traditional weak liquidity and the absence of significant catalysts or business nature, as well as macroeconomic, so there has been another day without any sign to help investors to infer about the actions of the Central Bank. The minutes of the last meeting of the Fed revealed on Wednesday, did not help much in this regard. Moreover, in recent days,...

Trading Journal in New Traders Aug 19, 2016 at 19:12

It was a pretty profitable Week!The forum is a great help.Which you all a nice weekend.

Trading Journal in New Traders Aug 18, 2016 at 15:11

Asian markets closed in different directions. In Tokyo, the Nikkei reached the minimum of the last two weeks, since the appreciation of the Yen decreased investor interest. It was announced today that exports in Japan fell in July at the fastest pace since the global financial crisis, due to the appreciation of the yen and the weakness of external economies.

EURUSD	1.1355	GBPUSD	1.33307	AUDUSD	0.64921
USDJPY	143.75	USDCAD	1.3791	USDCHF	0.82225

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