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Sunday, October 11, 2009

Mapping the Trade Selection Process


The process of trading needs to start well before you focus in on the right side of a chart. Before you can take an overview, and focus on set-ups and signals, you need to have an ordered process where you are assured a market’s direction, and be able to quantify any directional shift which may have occurred since you were last on the screen. Something I heard a long time ago that I now know to be true, is the human brain is going to start to experience difficulty somewhere around the 5th or 6th simultaneous operation. Something else I’ve learned is that the brain can better serve us when we slow down and allow it to provide us with definition before we make an actionable decision.

Along with being able to project, the mind is an effective play-back device, which every now and again pauses in the now. As important as past price history is to the market and your own past is to you, and as influential as all the news events are, and your own expectations and aspirations, you have to have a process in place, where your decisions are based only on where the market is now. The chart below shows the flow of the decision making process which we will be teaching at trading-u.com.

The process of trade selection ends in one occurrence, a trigger, and one decision: yes, or no? Before it can come to that question though the trigger type needs to be categorized. For us it’s either trend, or a counter-trend. For “trend” let’s say there are 2 types of trend triggers, and for counter-trend triggers 4. Once the trigger is defined there is one last refinement before the trade is entered. There are 2 determinants based on a market’s stance, and momentum, where we would not take a signal. If the trade in consideration is not disqualified by one of those, the trade is entered.

In this process from “Overview” to “Enter Trade” we had 4 steps where the last two needed refinement. Keep in mind a step is not a decision, and a refinement is a definition. It’s interesting that for a “counter-trend trigger”, there are 4 definitions — no wonder 70% of counter-trend trades turn out to be losers when managed as trend trades.

http://trading-u.com/blog/index.php/archives/931
The process of trading needs to start well before you focus in on the right side of a chart. Before you can take an overview, and focus on set-ups and signals, you need to have an ordered process where you are assured a market’s direction, and be able to quantify any directional shift which may have occurred since you were last on the screen.





Global Calendar ( downside surprise; upside surprise; )Complete Calendar for Current Week

Friday, October 9, 2009

Student Loan Consolidation

School Loan Consolidation is a practical repayment tool that refinances your school loans into one loan, significantly reducing your monthly payment. Take a look at how much you can save each month with our student loan consolidation calculator.

Federal Loan Consolidation

Learn about federal student loan consolidation

Consolidating your federal student loanscan reduce your monthly payment up to 53%. You can eSign your applicationonline and be finished in minutes.

Trends for student loans

Nearly 50% of recent college graduates took out student loans, with an average borrowed around $10,000 . Until recently, student loan interest rates ran between 6-8%. Recently, though, rates have fallen very low. As of fall 2003, Stafford loaninterest rates were in 3-4% range .

Students who currently have loans, either a single loan or multiple loans, have a variety of options for reducing their payments and indebtedness. Because interest rates have fallen, loans can be consolidated or in some cases refinanced. When you're considering refinancing student loans or student loan consolidation, you need to compare interest rates before you consolidate federal student loans.

Types of student loans

There are several types of loans available to students. The simplest categorization is into federal student loans and private loans. Federally funded loans are administered initially through the US Department of Education's Federal Student Aid programs, and are usually the easiest to get student loan consolidation services for. These federal programs disburse about $60 billion a year in loans, work-study support and grants. Stafford loans are the most common form of federal loans for students, but there are a variety of other federal payment plans - among them military / ROTC plans to pay for college.

Sunday, August 30, 2009

International Student Health Insurance Affordable international student health insurance plans for non-U.S. citizens who are studying in the United States. These comprehensive-protection plans ease the stress and danger of uninsured international student travel. Health insurance plans for both individuals and groups are available. Monthly renewable international student health insurance with $500,000 maximum coverage available. Coverage of spouse and children is also available.

Thursday, August 27, 2009

The US dollar lost ground against major forex counterparts despite bullish results in the morning’s key Advance Retail Sales report. Such losses were ascribed to renewed speculative currency interest, with many forex traders pouncing on dollar rallies to sell it against the euro and the Canadian dollar. Though the greenback firmed through later price action, it remains relatively clear that risks remain to the downside through short term trade.

The Euro initially slipped against the dollar on the strong Retail Sales figures, but the single currency posted a strong reversal and remained higher against the greenback through later trade. Price action in the British Pound was similar to that of the euro, with the Sterling over 100 points off of intraday lows at $2.0350. The Canadian dollar was unsurprisingly stronger against its US namesake, setting fresh 31-year lows in the moments following the retail sales report.

Positive US economic data seemingly fueled the domestic currency’s sell-off, as strong Advance Retail Sales and Producer Price Index figures were unable to stem dollar declines. The key spending numbers reflected the strongest gain in six months—instantly improving sentiment on the state of the domestic consumer. A simultaneous Producer Price Index report showed that price pressures remain elevated for US industries, as headline PPI showed its strongest year-over-year change since June of 2006.
NEW YORK, Aug 19, 2009 (BUSINESS WIRE) -- E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today released its Monthly Activity Report for July. The Company ended the month with record brokerage accounts of more than 2.7 million, including gross new brokerage accounts of 30,019 and net new brokerage accounts of 7,467. Total accounts ended the month at more than 4.5 million. Total Daily Average Revenue Trades ("DARTs") for July were 176,180 - a decrease of 10.3 percent from June and 3.6 percent from the year ago period. Brokerage related cash increased 6.2 percent in July, while security holdings increased 8.1 percent. This was offset by a $415 million reduction in Bank related customer cash and deposits, as the Company continued to execute on its balance sheet reduction strategy. This led to a 6.6 percent increase in total customer assets in the month and flat net new customer assets. Customers were net sellers of approximately $800 million in securities in July.
EuroOrient changes name to FxPro

08-26-2009EuroOrient Securities and Financial Services Ltd, is proud to announce the change of its corporate name to FxPro Financial Services Ltd. The name change will help the Company to capitalise on its FxPro brand and proceed with its long-term strategy to advance its global presence. The above name change does not affect in any way the Company’s ownership, management or operation. About FxPro FxPro is an award winning online forex broker specialising in Currency Pairs, Stocks, Futures and Precious Metals. FxPro is a recognised powerhouse and financial partner for traders in Europe, Asia, Middle East and Americas, reflecting cutting-edge technology and customer care. The FxPro trade name is owned by EuroOrient Securities and Financial Services Ltd, a fully regulated investment firm by CySEC (Cyprus Securities and Exchange Commission) and authorised within the EU.

Monday, August 24, 2009

GENERAL INSURANCE

It includes automobiles insurance, business insurance, property insurance etc.

Automobile insurance:

In UK this insurance is called motor insurance. It compensates the loss or damage occurred to the vehicle. But in United States auto insurance policy is essential to legally operate a vehicle on public roads.

Business insurance:

Business insurance protects the businesses against risks of losses and damages and compensates in case of loss

Property insurance:

This type of insurance protects the property against the risks like fire, theft etc. This category also includes fire insurance, flood insurance, earthquake insurance etc

Fire Insurance:

It is an insurance covering the damage to the property caused by fire.

Flood Insurance:

This type of insurance pays the policy holder in case of any loss or damage to the property due to flood. It protects the property against the flooding.

Earthquake Insurance:

This insurance compensates any damage to the property caused by earthquake.

GENERAL INSURANCE

It includes automobiles insurance, business insurance, property insurance etc.

Automobile insurance:

In UK this insurance is called motor insurance. It compensates the loss or damage occurred to the vehicle. But in United States auto insurance policy is essential to legally operate a vehicle on public roads.

Business insurance:

Business insurance protects the businesses against risks of losses and damages and compensates in case of loss

Property insurance:

This type of insurance protects the property against the risks like fire, theft etc. This category also includes fire insurance, flood insurance, earthquake insurance etc

Fire Insurance:

It is an insurance covering the damage to the property caused by fire.

Flood Insurance:

This type of insurance pays the policy holder in case of any loss or damage to the property due to flood. It protects the property against the flooding.

Earthquake Insurance:

This insurance compensates any damage to the property caused by earthquake.

DISABILITY INSURANCE

There are two types of disability insurance.One is simple disability insurance and the other is total disability insurance. In case of simple disability insurance,a financial support on monthly basis is provided by the insurer to the policy holder if he is unable to work due to an injury or an illness. But permanent disability insurance provides the reimbursement if a person becomes permanently disabled.
MEDICAL INSURANCE

Medical insurance is also called medclaim. Under this policy the insurance policy pays the amount to the insured for his health purpose. This amount covers the cost of medical treatment.
LIFE INSURANCE

Life insurance policy insures the life of the insured. The insurance company is legally bound to provide a monetary benefit to a decedent's family or the beneficiary after the death of the policyholder. The proceeds are paid to the beneficiary either in a lump sum amount or an annuity

Why insurance?????

Sometimes in life it is not possible to avoid the losses. For example People may become ill. They may die of illness or accidents or their homes or other property may undergo damage or theft. So in all these cases and they have to face the loss of income or savings. So insurance is a manner of financially insuring that if such an incident comes about then the loss does not affect the present well being of the person.

Insurance is a defensive measure used against future conditional losses to hedge the possible risks of the future. It is a legal contract that protects a person from contingent risk of losses through financial means and provides a means for individuals and societies to handle some of the risks faced in daily life.

These contracts of insurance are called policies and are provided by insurance companies. The Insurance companies charge a regular amount from the customers, which is paid back, either in part, or entirety, to the customers in case of a definite loss. This regular amount charged from customers is called Insurance Premium.

Bank insurance agencies

The Financial Services Modernization Act allows all banks to offer a full array of financial products to their customers including securities and insurance products.

Since the early 1980's the Anthony R. Davis Agency has been helping financial institutions set up and operate Insurance Agencies where allowed by law. We have the experience, know-how and track record to make your venture into marketing insurance work.

The Anthony R. Davis Agency offers a "Turnkey" Joint Venture solution to entering this lucrative market. We can also provide consulting services to help you optimize your return if you are already in this market.

Establishing a Bank Insurance Agency will generate Bank Insurance Revenue and Bank Fee Income.

Bank insurance
Established in 1969, our organization is widely regarded as The Insurance Specialists to Banks. We understand how banks work and we are experts in the types of Property and Casualty insurance coverages banks need to operate. We can even help you with your “Hard to Place” coverages.

Monday, July 6, 2009

The 2009 World Bank and International Monetary Fund Annual Meetings will be held on October 6 and 7, 2009 in Istanbul, Turkey. All CSO representatives interested in participating in the Annual Meetings must obtain individual accreditation.
IMF Civil Society Teams surveyed CS representatives who attended the 2009 Spring Meetings. Overall quality of the CS Forum was rated by 80% of respondents as good or very good. Recommendations to improve the Forum included allocating more time for discussion, inviting more CSO representatives as speakers and moderators, and increasing presence of Bank staff
Environmental Department is seeking civil society representatives to serve as observers on two Climate Investment Fund (CIF) Trust Fund Committees. Application forms, criteria, and instructions for the observer seats are available on the RESOLVE website