Andy Xie was a star at Morgan Stanley before he made the mistake of being too critical of the Chinese government. He is generally bearish on the financial markets future, after all he did work with Stephen Roche, but he is very abreast of all developments and is good at presenting his arguments. Here is a piece from earlier this week which might make some green shoots look like noxious nettles.
Just in case you are starting to get bullish- a cold bath from Andy Xie
Source: www.forexlive.com
Read more...
The S&P;500 Conundrum
By Adam Hewison - I was just looking at the S&P 500 index as we come to a close for the week of June 6th. While the market appears higher...
Optimizing the trading system parameters: EUR/USD revisited
After important changes to the trading system optimization methodology, I am revisiting EUR/USD on the day scale. The USD/CAD and USD/CHF reports indicated that our range of trade entry parameter might not include the optimum, consequently the range is extended. As a result, much better performance...
New Zealand Dollar Expecting Volatile Move Monday Night
Source: ForexYard With New Zealand banks on holiday Monday in observance of Labour Day, many are anticipating a volatile jump in the New...
Pound breaks the 1.0600 resistance and Euro trading above 1.3300
By TraderVox.com Tradervox (Dublin) - The single currency held on the recovery the late night recovery of yesterday as it traded above...
New York forex wrap; Dollar loses portion of gains
Turning point for global economy Sept/Oct this year: IMF’s Strauss-Kahn German bank West LB in spotlight; Dow Jones reports nearly failed over weekend Conference Board’s employment trends survey rises to 89.9 from 89.7; first rise in 16 mos World Bank head bullish on China; welcome...