Shanghai was the talk between many dealers again this morning after we saw heavy morning selling accompanied by afternoon selling, which resulted in a 6.4% decline in the index. Financials were one of the leaders as the FX yuan mid-point rate was set lower at 6.5273 to the dollar on Tuesday and on Thursday at 6.5318. […]
When we left the Asian and European session you could not give equities away, and this evening everything has seen an about change! No, for us this is confidence and the devil you know pitted against the devil you do not. The USD has been the key achiever across all time zones and although it may be […]
QUESTION: Mr. Armstrong; The World Economic Conference was outstanding. Your theme that Europe was the focal point for the coming chaos has been proven valid with each passing day. You have mentioned this is the time that will begin the collapse in public confidence within the EU even surviving. I must ask. Do you believe if […]
COMMENT: Marty; it has taken me some time to digest your thinking. I just wanted to say you have opened my eyes and I can see the connections. Trump is a symptom and not the cause. The press and politicians treat it as if they can defeat him they will reverse the trend. They do […]
To answer all the questions on training courses, it is on the agenda. We have old tapes of training sessions that we will try to blend together with recent video. The number one reason 90% of traders lose money is they are too emotional. You should never bet on fundamentals. To be consistent in trading […]
