Active Trader speakers give their picks of the City A.M. conference May 28, 2012 MORE than 700 people turned up last week to the inaugural City A.M. Active Trader event at the Grange Tower Bridge Hotel to listen to our assembled panels of experts give their wisdom on everything from bearish engulfing candlestick patterns to using twitter for trading. We asked some of the Active Trader panelists for their [...]
GOLD WILL CONTINUE TO BE DRIVEN BY UNCERTAINTY May 28, 2012 EVEN as euro-dollar traded around its lowest level in 22 months, global stock indices managed to stage a small rally last week. Although it is wise not to read too much into this divergence, it marks a break from the positive correlation between the single currency and stocks to which we have grown accustomed. One [...]
How to lose money when trading May 28, 2012 DAVID Rodriguez, quantitative strategist for FXCM, spoke on the masters of forex panel at the City A.M. Active Trader event last week. He pulled up the two charts to the right, which give a telling snapshot of the mentality of many traders, as well as what he cites as being the number one mistake made [...]
Analyst picks for 28 May 2012 May 28, 2012 QUANTITATIVE STRATEGIST DAVID RODRIGUEZ My pick: Sell euro-dollar rallies Expertise: System trading Average time frame of trades: 2 to 10 weeks I remain in “sell rally” mode on euro-dollar, and I would like to sell any significant bounce in the otherwise fast-falling currency pair. Recent CFTC Commitment of Traders data shows large speculators at their [...]
Your trading and politics should be mixed carefully May 28, 2012 The editor of the popular Guido Fawkes’ blog gives his tips IWAS a futures broker in my twenties, mostly interest rate futures – I did a bit of bond dealing, mainly in sovereigns rather than corporates. I got fired from the Japanese investment bank I was working at in the late 1990s and a friend [...]
THE EUROZONE WOES HAVE BEEN STERLING’S GAINS May 28, 2012 CHIEF MARKET STRATEGIST AVOLATILE week for markets nevertheless saw stock indices edge up slightly last week, as fears of an immediate Greek exit receded. We now move into a waiting period ahead of the 17 June elections, but a new poll out from Athens over the weekend puts the pro-bailout forces in the ascendancy, although [...]
THE TIPSTER | Kingfisher unlikely to fly May 28, 2012 DIY retailer Kingfisher will announce first-quarter figures this week, although don’t expect too much cheer. The retailer is expected to blame the weather for a weak performance, although improved margins will have helped to prevent things from getting too fishy. A wet April in France means that the shares might look a bit soggy on [...]
Using an iron condor to swoop to trading profits May 28, 2012 USING options strategies can allow investors to take a position on an underlying asset – whatever direction it goes in. Though it might sound like the name of a bad 80s hair metal band, an iron condor is an options trading strategy that involves buying and holding four different options and taking advantage of their [...]
In volatile times investors must consider their options May 28, 2012 INVESTORS have had a rough 2012 thus far. While the bright start to the US first quarter earnings season gave cause for optimism, as did encouraging French and Spanish debt auctions, lingering Eurozone fears and a “wait and see” policy on further monetary stimulus from both the Federal Reserve and the European Central Bank left [...]
The investment credential with valuable assets May 28, 2012 FOR THOSE with four years’ work experience in the investment profession, and with an undergraduate degree or equivalent, the Chartered Financial Analyst (CFA) credential is a serious opportunity. It’s a globally-recognised standard, a qualification meant to provide the practical skills, theoretical knowledge, and professional outlook to succeed in any relevant investment position. And it’s more [...]