YTE Blog

From the Sep/Oct 2009 issue of YTE, David Burton’s article on the effect of astrometeorology on commodity markets is of particular interest given current weather conditions.Astrometeorology is the study of planetary movements in order to forecast weather conditions. Most people don’t realise WD Gann...

It’s quite funny, really, the extent people go to to make themselves feel certain and ‘safe’ in the market environment – an environment that is characterised by uncertainty and risk. It’s not only private traders like myself, either; this desire to create certainty extends to money managers and ...

I don’t like being wrong. I especially don’t like being wrong when it involves money. When I see a sea of red on my screen, it makes me just the teensiest bit tetchy.  I’ve gotten a whole lot better – it used to make me nauseous. And when I’m wrong, I beat myself up. Horrible, bitchy alter-ego Je...

This week's top trading blogs... Swing Trader's Edge Well if you want a catalyst, than here it is. I have always used the charts to guide me in my trading but I certainly do not ignore wider macro and fundamental issues. Tuesday's decision by the RBA to leave rates on hold will prove to be shor...

This week's top trading blogs... Commodity Trader Fed meeting this week as well as any new developments out of Europe. My suggestion is to always look one-two weeks in advance for upcoming economic events when initiating trades. Just when it appears Crude was destined to move lower prices rever...

This week's top blogs... Don Miller's S&P Trader Tank This week’s Briefing continues following the theme discussed in recent issues related to short- to moderate-term expectations for the market and how we’ve structured client portfolios of varying risk profiles. To those new to the Briefin...

There seems to be a lot of carrying on about momentum stocks imploding after huge runs, as if it’s something terrible and scary.  Stocks like Green Mountain Coffee Roasters (GMCR) and Netflix (NFLX) have plummeted over the last six months or so. ‘Oh my god, a momentum stock has fallen sharply’!!...

One of the failings of the human brain is its inability to ‘weight’ the information it receives. All the information the brain receives is given the same level of importance and it is only through time and subconscious processing that we are then able to filter the information and provide weight to ...

US Gold - Elliott Wave ChartsIntradayGold 1 Hour ChartMonday, 17 October 2011 at 6:45:00PM AESTGold prices are once again threatening previous highs, which however does not change the bearish outlook. Bounce from the low is slow, choppy, over-laping within parallel lines. This is a corrective perso...

Dow Jones – 11, 644+1.45% Base Metals Positive US Gold CFD: 1680 Oil WTI CFD: 87.27 Copper CFD: 342 US Dollar CFD: 76.85 EURUSD 1.3879 AUDUSD 1.0338 Dow Jones CFD 11,629 S&P500 CFD: 1,223 FTSE 100 CFD: 5488 SPI CFD 4263US News The Dow industrials closed with a 166.36...

Following on from last week's blog, I have continued to dissect the statements made by Mr Kerr Nelson in the Australian Financial Review article, “Wizards of the game”. I hope you enjoy my commentary. “Loss aversion is an irrational approach sadly evident in the stockmarket. Many investors keep han...

Fibonacci Forecaster – Jeff Greenblatt On July 21, Jeff wrote a very comprehensive article on 'The Debt Ceiling'. “America has a spending problem and the way to solve it is not to spend anymore. If you are 20 pounds overweight, you go on a diet and lose the weight. That is one way to solve the prob...

For those that know me, you know that I am an avid reader of market related books and newspaper articles. Recently, I came across an article in the Australian Financial Review called “Wizards of the Game”. The AFR interviewed some of Australia’s most respected and high profile fund managers and the...

Two news have taken centre-stage in the currency world – the trading loss of UBS, Switzerland’s biggest bank, and the announcement of a possible QE3 by the Fed this week. UBS said that its loss came from unauthorized trading over the past three months. The trader responsible for the loss was Kweku ...

When Lehman Brothers fell in 2008, the bankruptcy filing of USD640 billion was the largest ever filed in the history of the United States, far exceeding that of Enron and WorldCom. Three years on, the ghost of Lehman has returned, and the memories of a painful credit crunch are starting to surface ...

Something that is a given when trading the markets is loss trades. But it’s the lessons learnt from these losses that go far beyond the money lost during unfriendly market periods. How well traders and investors put steps in place to ensure that their long term performance can be enhanced is depende...

Let’s imagine you have just opened and read an email from the stock picking newsletter you subscribe to and see a buy alert for your “favourite” stock. The company is planning to announce its earnings to the market within the next 10 days, and it now has a ‘buy’ recommendation based on a potential p...

It has been a roller-coaster ride in the Forex Markets at the start of this week. The main news that caused the big movements in the risk currencies was the fact that Standard and Poor’s downgraded the AAA rating of US debt. This is the first time that US assets have been downgraded since they won...

As a Forex trader, it is important for us to get a grasp of world news. This is because the markets are dynamic, and they react almost instantaneously to breaking news.I have found that one of the best approaches to get a “global grasp” of world news is to divide the world into three major regions: ...

A lot has been written about an investor ‘knowing the term’ of any position that they take in the market. For example, when a long term ‘buy and hold’ position is taken, the investor must be prepared to ride the ups and downs of the market but must also be prepared to accept a lower compounded annua...