FX Inventory - Shonn Campbell
Here is another look at the AUDUSD one hour from yesterday. don’t be sucked into anything today. Point one is the first area of short stops that are being targeted and potentially point two in the coming days. Trade accordingly. Don’t expect big moves. Get what you can and get out of the way.
Happy Trading
My friend Matt says that you aren’t trading right if you don’t leave money on the table or if you don’t feel like you missed something. Well… Then I’m trading right this week. I left a lot of money on the table. But I also did pretty well just taking profit when profit presented itself. Does it bother me? It does, although less and less every day as I see the small profits add up and know the time to let a trade run will be very obvious when it presents itself.
Three weeks ago I made the leap. I quit the steady job to run back to the world I love most, the one where I own my risk and therefore I own my reward. I have committed my time and energy to fully pursue being a strategic planner and risk manager in the FX trading world. (And oh ya, I picked up a hobby of actually pushing the buttons to go along with that job).
It’s interesting to note that on the same day the International Monetary Fund released their annual World Economic Outlook which lowered expectations for global growth in 2015 to 3.8% from 4%, that several potentially large mining deals were either launched or mooted.
While the talk of the potential deal for a merger between Glencore (GLEN:LN) and Rio Tinto (RIO:LN, RIO:NYSE) dominated the headlines, two (relatively) smaller deals were also announced.
by Rachel Fox of FoxOnStocks.comFirst… let me say that I love “The Little Book of…” series because the books are fun and easy to read. Your book, The Little Book of Market Wizards is both fun and easy to read AND it is packed with tons of trading wisdom. You draw from interviews of the most successful traders of all time, and because of that, the information you share gives readers a guide for success in stock trading
Mr. Schwager, you are a legend in the stock market world because you’ve been following and interviewing Market Wizards since 1988 and sharing that with the world. I and the world benefit from this wisdom. Thank you for your writings and for your time to do this interview.
By Rachel Fox of FoxOnStocks.comInterActiveCorp (IACI) – IAC does a lot of things and it does them all well. Let’s take a look at why Barclay’s would give such a generous upgrade from $72/share to $87, and if that should compel you to trade or invest in IACI, which is traded on the Nasdaq exchange.
I would prefer to abbreviate the list of product offerings IAC owns, but there are so many worth noting. Here’s a partial list of IAC’s businesses:
