BlueberryCap trader's profile
BlueberryCap
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| Name | BlueberryCap |
Bio:
Blueberry Capital is a dedicated investment team based in the United Kingdom focussed on delivering consistent risk adjusted returns under all market conditions, based on rigorous quantitive and fundamental research, to retail and institutional clients worldwide.
Our investment team has extensive investment and executive management experience, and together has over 35 years’ experience in auditing, private equity and investment management. As owner-managers, we are highly committed to ensuring the success of Blueberry Capital and its private equity funds under management.
For more information, please visit http://www.blueberrycap.com/
Our investment team has extensive investment and executive management experience, and together has over 35 years’ experience in auditing, private equity and investment management. As owner-managers, we are highly committed to ensuring the success of Blueberry Capital and its private equity funds under management.
For more information, please visit http://www.blueberrycap.com/
Trading style:
Our investment team uses intraday and swing trading methods across large/liquid spot forex currency pairs and commodities combined with a proprietary rule set to recognise high probability opportunities. Every trade is executed on a manual and discretionary basis, and we operate across all markets, trading 24 hours a day. Our strategy focuses on achieving multiple profits (typically between 12 and 75 pips) by trading quick trends and technical patterns indicating retracements in the market, with a view to hold positions if the technical and/or fundamental conditions support our view. Market entry and exit is determined through the use of 5 minute, hourly, and 4-hourly charts, combined with various technical indicators, including Moving Averages, MACD, Bollinger Bands, Parabolic SAR, Relative Strength Index, Stochastic, and our own custom indicators.
Motto:
Trade with Transparency, Exit with Profit
| Experience | More than 5 years |
| Location |
| Vouchers | 0 |
| Registered | Jan 13, 2015 at 13:17 |
| Blocked users | 0 |
in BlueberryCap feed
Feb 26, 2015 at 12:16
in BlueberryCap feed
Feb 26, 2015 at 12:13
in BlueberryCap feed
Feb 26, 2015 at 09:42
Chart
Systems by BlueberryCap
This user doesn't share any systems currently.
in BlueberryCap Alpha 5
Feb 26, 2015 at 07:37
in BlueberryCap Alpha 10
Feb 26, 2015 at 07:37
in BlueberryCap Alpha 25
Feb 26, 2015 at 07:37
in BlueberryCap Alpha 50
Feb 26, 2015 at 07:37
BlueberryCap
Feb 26, 2015 at 12:16
GOLD – RANGE BOUND
By measuring the bullish wave from 1142.60 to 1306.80, we find that Gold price is attempting to hold above the 61.8% Fibonacci that forms support now at 1205.40 after it managed to breach the bearish correctional channel’s resistance, which hints the attempts to turn back to the bullish trend.
But, we notice that the price is facing solid resistance coming from the EMA50 that might push the price to trade negatively and stop the current positive attempts, thus, we need a clearer confirmation signal for the next trend, which we will get through breaching 1224.60 resistance or breaking 1198.00 support, as breaching this resistance will push the price to achieve intraday gains that begin at 1244.00 and extend to 1268.00, while breaking the support will lead the price to head towards 1181.30 areas initially.
Expected trading range for today is between: 1181.00 support and 1230.00 resistance.
By measuring the bullish wave from 1142.60 to 1306.80, we find that Gold price is attempting to hold above the 61.8% Fibonacci that forms support now at 1205.40 after it managed to breach the bearish correctional channel’s resistance, which hints the attempts to turn back to the bullish trend.
But, we notice that the price is facing solid resistance coming from the EMA50 that might push the price to trade negatively and stop the current positive attempts, thus, we need a clearer confirmation signal for the next trend, which we will get through breaching 1224.60 resistance or breaking 1198.00 support, as breaching this resistance will push the price to achieve intraday gains that begin at 1244.00 and extend to 1268.00, while breaking the support will lead the price to head towards 1181.30 areas initially.
Expected trading range for today is between: 1181.00 support and 1230.00 resistance.
BlueberryCap
Feb 26, 2015 at 12:13
TSB
The newly spun-off TSB bank has seen its pre-tax profit rise by 2.3%, as it lures customers from established high street rivals.
As a result, the company said it would consider making acquisitions in the future to help accelerate expansion plans.
TSB became Britain’s 7th biggest lender after it was hived-off from the taxpayer-backed Lloyds Banking Group last June.
It says it now has 8.4% of all new personal current accounts opened in 2014, with the total almost reaching 500,000.
The bank said pre-tax profit rose to £133.7m for the year ending in December, up from £130.7m in the previous year.
Since its spin-off TSB has sought to position itself as one of the new breed of smaller “challenger banks”, amid public discontent with the sector.
The bank said it hopes to lift its share of the total personal current account market to 6%, up from the target figure of 4.2% during the initial public offering (IPO) on the London Stock Exchange.
Chief executive Paul Pester said: “2014 was a pivotal year for our business as we started to establish TSB as Britain’s challenger bank.
“We’ve exceeded the expectations we set out at the time of our IPO in June last year.”
Banking regulators have been supporting the new breed of bank on the high street as a way of offering greater competition to the overwhelming dominance of the four large lenders.
Meanwhile, new figures released by the British Bankers’ Association show personal credit usage continuing to rise.
It said in January annual growth in personal loans and overdrafts was up 3.9% – the highest rate since late 2008.
But that was tempered by mortgage approvals, which were little changed in January compared with December, and still down a fifth on the figure from a year ago.
The newly spun-off TSB bank has seen its pre-tax profit rise by 2.3%, as it lures customers from established high street rivals.
As a result, the company said it would consider making acquisitions in the future to help accelerate expansion plans.
TSB became Britain’s 7th biggest lender after it was hived-off from the taxpayer-backed Lloyds Banking Group last June.
It says it now has 8.4% of all new personal current accounts opened in 2014, with the total almost reaching 500,000.
The bank said pre-tax profit rose to £133.7m for the year ending in December, up from £130.7m in the previous year.
Since its spin-off TSB has sought to position itself as one of the new breed of smaller “challenger banks”, amid public discontent with the sector.
The bank said it hopes to lift its share of the total personal current account market to 6%, up from the target figure of 4.2% during the initial public offering (IPO) on the London Stock Exchange.
Chief executive Paul Pester said: “2014 was a pivotal year for our business as we started to establish TSB as Britain’s challenger bank.
“We’ve exceeded the expectations we set out at the time of our IPO in June last year.”
Banking regulators have been supporting the new breed of bank on the high street as a way of offering greater competition to the overwhelming dominance of the four large lenders.
Meanwhile, new figures released by the British Bankers’ Association show personal credit usage continuing to rise.
It said in January annual growth in personal loans and overdrafts was up 3.9% – the highest rate since late 2008.
But that was tempered by mortgage approvals, which were little changed in January compared with December, and still down a fifth on the figure from a year ago.
BlueberryCap
Feb 26, 2015 at 09:42
MONEY FOR NOTHING
German Chancellor Angela Merkel can expect a sizeable rebellion within her own coalition as she tries to push through approval of an 4 month extension to the Greek bailout.
Although they hold 504 of the 631 seat in the Bundestag and with a lot of arm twisting it will more than likely be rubber stamped.
A lot of their right wing partners are sceptical of the Greek governments resolve and commitment to the list of reforms and their willingness to implement them, and who can blame them?
Two of the main reforms are regarding addressing tax evasion and smuggling.
Lets address tax evasion first, they talk of taking on the rich Greek millionaires who they believe owe a combined amount of 1.5 Billion, sounds substantial but in the big picture this is peanuts, plus these guys are rich for a reason and they are not going to give it away easily so they are going to have a fight on there hands which could take years.
It seems what they are not prepared to confront are the hundreds of thousands of ordinary citizens who get paid in cash but only declare a small proportion of it, Bar owners, Taxi Drivers, Builders the list is endless! Out of every 100 euros they may declare 30 euros the rest is straight under the mattress and as far as smuggling is concerned you find that the end user is usually towards the poorer end of society anyway.
So can you really see them going back to the very people who voted for them in a few months time and saying…..
“First the good news, they are going to give us more money…..Hurray!!”
“Now the bad news, you are all going to pay more than three times as much tax than you have been doing and no more cheap cigarettes!!
German Chancellor Angela Merkel can expect a sizeable rebellion within her own coalition as she tries to push through approval of an 4 month extension to the Greek bailout.
Although they hold 504 of the 631 seat in the Bundestag and with a lot of arm twisting it will more than likely be rubber stamped.
A lot of their right wing partners are sceptical of the Greek governments resolve and commitment to the list of reforms and their willingness to implement them, and who can blame them?
Two of the main reforms are regarding addressing tax evasion and smuggling.
Lets address tax evasion first, they talk of taking on the rich Greek millionaires who they believe owe a combined amount of 1.5 Billion, sounds substantial but in the big picture this is peanuts, plus these guys are rich for a reason and they are not going to give it away easily so they are going to have a fight on there hands which could take years.
It seems what they are not prepared to confront are the hundreds of thousands of ordinary citizens who get paid in cash but only declare a small proportion of it, Bar owners, Taxi Drivers, Builders the list is endless! Out of every 100 euros they may declare 30 euros the rest is straight under the mattress and as far as smuggling is concerned you find that the end user is usually towards the poorer end of society anyway.
So can you really see them going back to the very people who voted for them in a few months time and saying…..
“First the good news, they are going to give us more money…..Hurray!!”
“Now the bad news, you are all going to pay more than three times as much tax than you have been doing and no more cheap cigarettes!!
BlueberryCap
Feb 26, 2015 at 07:34
GREECE IS THE WORD
Bondholders who held their nerve as Greece sparred with the euro region are being rewarded with a world-beating return of 11 percent this year.
Sticking with Greek securities through the election of the anti-austerity Syriza party a month ago — and the turmoil of ensuing funding negotiations — earned investors more than double the 4.2 percent profit on Danish securities, the next-best performers, according to Bloomberg indexes. Treasuries earned 1.2 percent in the same period.
Traders of Greece’s bonds were relatively sanguine as they braved heightened volatility and warnings from strategists that the nation risked an exit from the currency bloc. Their resilience kept the 10-year yield below its five-year average throughout the upheaval, and by Tuesday, when euro-area finance chiefs approved an extension of financial aid, it was more than a percentage point lower than its Dec. 31 close.
“You would have bought these bonds knowing the political risk could rise with Syriza ahead in the opinion polls, thus have a reasonably high tolerance,” said Orlando Green, a fixed-income strategist at Credit Agricole SA’s corporate and investment banking unit in London. “There isn’t a lot of trading so you really have to buy and hold.”
Bondholder Reassurance
Almost immediately after Syriza won power with its pledge to scale back Greece’s economy drive, new Finance Minister Yanis Varoufakis traveled to London to address about 100 financiers, telling them he didn’t plan a debt writedown, according to a person who attended the meeting.
That may have helped reassure investors including Pacific Investment Management Co. and hedge fund Greylock Capital Management, who had said they still saw value in Greek securities after the election.
Negotiations between Greece and international creditors then broke down on Feb. 16, and the Greek government said it couldn’t accept “absurd” demands from the institutions. Commerzbank AG responded by raising its estimate on the chances of the nation leaving the euro to 50 percent from 25 percent.
The bond market remained calm, relative to moves earlier this decade. The Bloomberg Greece Sovereign Bond Index, a market-value weighted measure of Greek bonds, was at 100.80 on Tuesday, 38 percent higher than its five-year average.
And while the 10-year yield rose as high as 11.40 percent on Feb. 2, the rate had climbed to 44.21 percent in 2012, when bondholders agreed to write off 100 billion euros ($113 billion) of Greek debt as part of the biggest reorganization in history. The yield was at 8.86 percent at 5 p.m. London time Wednesday. The five-year average is 13.87 percent.
‘Strong Stomach’
That restructuring also played a part in Greece’s 240 billion-euro international bailout from the European Commission, European Central Bank and International Monetary Fund, which came with the economic reforms Syriza contested.
Euro-region finance ministers agreed to a new package of economic measures for Greece on Tuesday, paving the way for loans to continue flowing to the country. The existing program, which had been keeping Europe’s most indebted state afloat since 2010, was scheduled to expire at the end of this month.
“You would have had to have a very strong stomach,” said Richard McGuire, head of European rates strategy at Rabobank International in London. Current yield levels are “notably better, certainly relative to other debt markets, than the peak at the beginning of the year. There still remains considerable scope for intermittent tension, but as long as it remains within a context of a bailout then it should be contained.”
‘Concrete Agreement’
Even so, the reprieve is only due to last for four months, and Greek three-year note yields, at 13.27 percent, remain higher than those on 10-year bonds, implying some investors are concerned they may not get repaid in full. The three-year yield compares with 3.5 percent when the debt was sold last July.
“The market has read developments between Greece and its partners as very constructive,” said Patrick Jacq, a senior fixed-income strategist at BNP Paribas SA in Paris. “But they will need a more concrete agreement and more certainty about the ability of Greece’s funding within the next couple of years, not months.”
For now, the faithful can enjoy their rewards. Bonds rose for five days through Tuesday. Greek equities have recovered losses that pushed the ASE Index to a more than two-year low in the wake of the election. It fell 1.6 percent on Wednesday after jumping 9.8 percent the day before.
“Given these yield levels of 10 or even 15 percent that we’ve seen on the three-year Greek government bonds, you’ve got of course tremendous carry,” said Christian Lenk, a fixed-income analyst at DZ Bank AG in Frankfurt. “However, I do think just looking at Greek bonds from that perspective is short sighted. Investments of that kind are a special kind. For more traditional fixed income investors Greek bonds are a non-investible asset at the moment.”
Bondholders who held their nerve as Greece sparred with the euro region are being rewarded with a world-beating return of 11 percent this year.
Sticking with Greek securities through the election of the anti-austerity Syriza party a month ago — and the turmoil of ensuing funding negotiations — earned investors more than double the 4.2 percent profit on Danish securities, the next-best performers, according to Bloomberg indexes. Treasuries earned 1.2 percent in the same period.
Traders of Greece’s bonds were relatively sanguine as they braved heightened volatility and warnings from strategists that the nation risked an exit from the currency bloc. Their resilience kept the 10-year yield below its five-year average throughout the upheaval, and by Tuesday, when euro-area finance chiefs approved an extension of financial aid, it was more than a percentage point lower than its Dec. 31 close.
“You would have bought these bonds knowing the political risk could rise with Syriza ahead in the opinion polls, thus have a reasonably high tolerance,” said Orlando Green, a fixed-income strategist at Credit Agricole SA’s corporate and investment banking unit in London. “There isn’t a lot of trading so you really have to buy and hold.”
Bondholder Reassurance
Almost immediately after Syriza won power with its pledge to scale back Greece’s economy drive, new Finance Minister Yanis Varoufakis traveled to London to address about 100 financiers, telling them he didn’t plan a debt writedown, according to a person who attended the meeting.
That may have helped reassure investors including Pacific Investment Management Co. and hedge fund Greylock Capital Management, who had said they still saw value in Greek securities after the election.
Negotiations between Greece and international creditors then broke down on Feb. 16, and the Greek government said it couldn’t accept “absurd” demands from the institutions. Commerzbank AG responded by raising its estimate on the chances of the nation leaving the euro to 50 percent from 25 percent.
The bond market remained calm, relative to moves earlier this decade. The Bloomberg Greece Sovereign Bond Index, a market-value weighted measure of Greek bonds, was at 100.80 on Tuesday, 38 percent higher than its five-year average.
And while the 10-year yield rose as high as 11.40 percent on Feb. 2, the rate had climbed to 44.21 percent in 2012, when bondholders agreed to write off 100 billion euros ($113 billion) of Greek debt as part of the biggest reorganization in history. The yield was at 8.86 percent at 5 p.m. London time Wednesday. The five-year average is 13.87 percent.
‘Strong Stomach’
That restructuring also played a part in Greece’s 240 billion-euro international bailout from the European Commission, European Central Bank and International Monetary Fund, which came with the economic reforms Syriza contested.
Euro-region finance ministers agreed to a new package of economic measures for Greece on Tuesday, paving the way for loans to continue flowing to the country. The existing program, which had been keeping Europe’s most indebted state afloat since 2010, was scheduled to expire at the end of this month.
“You would have had to have a very strong stomach,” said Richard McGuire, head of European rates strategy at Rabobank International in London. Current yield levels are “notably better, certainly relative to other debt markets, than the peak at the beginning of the year. There still remains considerable scope for intermittent tension, but as long as it remains within a context of a bailout then it should be contained.”
‘Concrete Agreement’
Even so, the reprieve is only due to last for four months, and Greek three-year note yields, at 13.27 percent, remain higher than those on 10-year bonds, implying some investors are concerned they may not get repaid in full. The three-year yield compares with 3.5 percent when the debt was sold last July.
“The market has read developments between Greece and its partners as very constructive,” said Patrick Jacq, a senior fixed-income strategist at BNP Paribas SA in Paris. “But they will need a more concrete agreement and more certainty about the ability of Greece’s funding within the next couple of years, not months.”
For now, the faithful can enjoy their rewards. Bonds rose for five days through Tuesday. Greek equities have recovered losses that pushed the ASE Index to a more than two-year low in the wake of the election. It fell 1.6 percent on Wednesday after jumping 9.8 percent the day before.
“Given these yield levels of 10 or even 15 percent that we’ve seen on the three-year Greek government bonds, you’ve got of course tremendous carry,” said Christian Lenk, a fixed-income analyst at DZ Bank AG in Frankfurt. “However, I do think just looking at Greek bonds from that perspective is short sighted. Investments of that kind are a special kind. For more traditional fixed income investors Greek bonds are a non-investible asset at the moment.”
