Archive for June, 2008
Commodities - Same Old Story!
By Marek W. Stupka | June 13, 2008
Recently, I received plenty of inquiries about trading other instruments of the Financial Markets (besides FOREX). Most of you wanted to know …
…what do I recommend trading or, rather, what instruments DO I TRADE MYSELF. In other words, you wonder about stocks, bonds, options, indexes, commodity futures, CFDs, etc..
First and foremost, let’s make one thing clear here. Nothing I trade “on the side” compares to FX when it comes to traded volumes and time I spent trading it. FOREX is, always has been, and always will be, in the center of my trading business (learn why). But there are other instruments of the Financial Markets that appeal to me too, mostly due to the simple fact THEY CAN BE TRADED USING THE VERY SAME TECHNICAL TOOLS THAT I USE FOR MY FX TRADING.
If you think I am exaggerating or I am not telling you the whole story, you’re wrong. Mister wrong! The EXACT same strategies and systems we are used to bring us the above-standard, repeatable profit levels at Gepard Investments, Inc. can be applied to other markets as well! No exceptions. No hidden catches. Just the same old, well-known story…
Of course, the fundamental background differs with each market. For this reason, it pays to spend some time observing how the new FM instrument behaves before you actually start trading it (note that we at GI respect fundamentals as generators of market moves, but use technical tools to actually open and close our positions). There are other differences to the above-named FM instruments, e.g. the markets are governed and supervised by financial institutions called exchanges (unlike FX), so you’ll have to keep the exchange trading hours, pay required margins and commisions, etc. But these are just minor technical issues that every diligent trader handles within minutes.
Of course, since there are SO MANY types of the Financial Markets, the most important question is which one(s) to trade. Now, here’s to your inquiries. I do not like to trade vast numbers of markets at once. Hence, I usually pick 1-3 markets I follow besides my core FX trading activities. And they are - THE COMMODITY FUTURES (gold, oil, wheat, soybeans, etc.). I only trade these since, according to my research, they have the lowest risk-to-win ratio out of the FM instrument portfolio. If you want to know why, drop me an email and we will discuss this personally. Oh, and one more thing - many of you have asked what platform to use for trading other FM instruments, and if there’s one (preferably free of charge) that allows you to trade everything. Well, the only platform I know of that is of high-quality, has advanced charting, and allows you to trade almost everything, is the Danish Saxo Trader. Warmly recommend it to every trader out there…
Topics: Miscellanous | 1 Comment »
US N-F-Payroll Drama
By Marek W. Stupka | June 8, 2008
US dollar sinked after weak NFP report has killed expectations of the economy growth and interest rate hike. The US unemployment rate…
…printing as high number as 5.5% was in fact the sharpest increase to the jobless rate figure since 1968 and the highest overall level since October 2004.
The almost unbelievable unemployment rate rise was partially induced by the large influx of students into the labor force caused by the summer break. As if this wasn’t enough, another important figure even worsened the already fragile outlook of the US economy - the deceleration in wage inflation. It showed 3.46% clip which was the weakest pace since January of 2006 and well below the steady rise in living costs.
Given all this data, the forthcoming drop in consumer spending will very likely lead the US economy through a period of negative growth. Expectations of a possible rise interest rate hike deployed by Mr. Bernanke & Co. are also left seriously uncertain and dimmed.
Topics: News From Wall Street | No Comments »
Trichet Surprisingly Hawkish
By Marek W. Stupka | June 6, 2008
EURUSD consolidated, and even began to gain, after an uncompromising, “uber hawkish” press conference gave by Mr. Trichet yesterday…
Instead of merely reaffirming the ECB’s neutral position, Mr. Eurobanker noted that the bank’s committee actually considered raising interest rates…
The interest rate rise, according to Mr Trichet, found its place in the committe agenda as a possible option to curb the already accelerated inflation in the region. Furthermore, he strongly distanced ECB from any simulative policy action, stating that the central banks mandate was to focus strictly on price stability.
Mr. Trichet’s hawkish speech was so uncompromising that it immediately caused EURUSD to fly high 200 points, reversing all of the losses the currency suffered on Tuesday following Chairman Bernanke’s pro-dollar speech…
The FX market finds itself observing a clash of the central banks these days, but in this battle Mr. Trichet’s words clearly have more influence since the economy results of the European Union still do overpower the lackluster performance of the same of the USA.
Please note, however, that we at Gepard Investments, Inc. use fundamentals only as generators of the market moves. We prefer to base our trading on technical studies, and on proven, thouroughly backtested trading systems exploiting several easy-to-learn technical strategies …
Such technical strategies and trading systems are explained in great detail in my 1-on-1 training course. I have already trained hundreds of traders from New York to Afghanistan and many of them (those who took trading seriously and have worked and learned hard) are now successful, active traders. Please visit the Gepard Investments, Inc. website to see how you can become one too.
Topics: News From Wall Street | No Comments »
Euro Trapped in a Triangle!
By Marek W. Stupka | June 6, 2008
Take a good look at the 1d EURUSD chart below. Currently, the referential currency pair finds itself trapped in a smooth, triangle range…
[Click on the chart to see bigger picture] Can you see the red triangle formation in the upper right corner of the chart? It is exacty what the market is “listening to” right now. We also recognize this formation as a DESCENDING TRIANGLE, since its up-peaks are sloping down, while its down-spikes are following a horizontal line. This, generally, suggests a mid-term change in trend and should bring the pair down from its current highs…
However, please note the above is just a very simple, basic technique mostly used to identify the S/R price range of the pair in quesiton. To really be able to trade and capitalize on it, you should apply any of the trading strategies (combination of specific trading techniques) and/or trading systems (clearly defined navigational guides on when, what, how much, and for how long to trade) taught in my 1-on-1 FOREX Training Course.
If you haven’t become member of the GEPARD trading family, you are invited to apply for the course at www.gepardinvestments.com. If you are my student, please refer to the corresponding lessons and updates to find out how to trade this pair…
Topics: FOREX Trading Analysis | No Comments »