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Tuesday, 24 January 2012

Cartoon video on Euro debt crisis

http://www.guardian.co.uk/business/blog/2011/oct/28/euro-debt-crisis-animated-explanation

"they are hoping that other people will give them money " ; )  Enjoy the cartoon ya , my readers.

Regards
Pipsfarmer


Sunday, 22 January 2012

25 - 29 Jan 12 World Economic Forum Annual Meeting 2012

My initial trade play for next week would be , prepare to sell on any euro rallies. when euro close to 1.3000, would generate my interest to go short.

http://www.weforum.org/events/world-economic-forum-annual-meeting-2012

Federal Chancellor Angela Merkel (drag your mouse over the underlined blank)Opens World Economic Forum Annual Meeting. *P.S She is a mean speaker and does not mince her words *

[When she happy, everyone clap your hands, when she unhappy,just short Euro!!!] Geneva, Switzerland, 18 January 2012 – Angela Merkel, the Federal Chancellor of Germany, will deliver the opening address at the World Economic Forum Annual Meeting 2012 with record participation.
The theme of this year’s Meeting, The Great Transformation: Shaping New Models, reflects the need for a profound overhaul in the face of a fraying global system and lingering economic malaise.

“Capitalism, in its current form, no longer fits the world around us. We have failed to learn the lessons from the financial crisis of 2009. A global transformation is urgently needed and it must start with reinstating a global sense of responsibility"
World leaders, including heads of government and ministerial representation from 19 G20 countries, are among the more than 2,600 participants who will convene 25-29 January for the Forum’s 42nd Annual Meeting. In total, close to 40 heads of state or government will participate, along with over 1,600 business leaders from the Forum’s 1,000 Member companies, as well as Social Entrepreneurs, Young Global Leaders and representatives from civil society, media, academia and the arts.

The four sub-themes of the Meeting, which reflect the interconnected nature of the changes required, are: Growth and Employment Models; Leadership and Innovation Models; Sustainability and Resource Models; and Social and Technological Models. There will also be a strong focus on risk mitigation and management, with one room dedicated to discussions pursuing the themes of the Global Risks 2012 report.

For the first time, the programme includes a series of on-the-record, one-on-one interviews with academic, media, business and civil society leaders. There will be 29 one-on-one sessions throughout the five-day Meeting, including conversations with Muhammad Yunus, Michelle Yeoh, H. W. Brands, Thomas Friedman, Mehmet C. Oz and many more.
The Forum will welcome close to 40 heads of state or government, including from Azerbaijan, Canada, Denmark, Ethiopia, Finland, Georgia, Germany, Guinea, Haiti, Ireland, Israel, Jordan, Kenya, Mexico, Mongolia, Morrocco, the Netherlands, Nigeria, Pakistan, Panama, Peru, Poland, Qatar, Singapore, South Africa, South Sudan, Switzerland, Tanzania, Thailand, Tunisia, Ukraine and the United Kingdom.Additional public figures participating in this year’s Meeting include US Treasury Secretary Timothy Geithner, Chief Executive of Hong Kong SAR Donald Tsang, United Nations Secretary-General Ban Ki-moon, International Monetary Fund Managing Director Christine Lagarde, World Bank President Robert B. Zoellick, Secretary-General of League of Arab States Nabil Elaraby and  Presidential Candidates for Egypt, Abdel Moneim Aboul Fotouh and Amr Moussa.
The Co-Chairs of the World Economic Forum Annual Meeting 2012 are: Yasuchika Hasegawa, President and Chief Executive Officer, Takeda Pharmaceutical, Japan; Vikram Pandit, Chief Executive Officer, Citi, USA; Paul Polman, Chief Executive Officer, Unilever, United Kingdom; Alejandro Ramirez, Chief Executive Officer, Cinepolis, Mexico; Sheryl Sandberg, Chief Operating Officer, Facebook, USA; Peter Voser, Chief Executive Officer, Royal Dutch Shell, Netherlands.

Thursday, 19 January 2012

Unique Japanese Trading... Ichimoku trading.

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Ichimoku_trading_strategies#READ_THIS_FIRST.21

History

The charting system of Ichimoku Kinko Hyo was developed by a Japanese newspaper man named Goichi Hosoda. He began developing this system before World War II with the help of numerous students that he hired to run through the optimum formulas and scenarios - analogous to how we would use computer simulated backtesting today to test a trading system. The system itself was finally released to the public in 1968, after more than twenty years of testing, when Mr. Hosoda published his book which included the final version of the system.
Ichimoku Kinko Hyo has been used extensively in Asian trading rooms since Hosoda published his book and has been used successfully to trade currencies, commodities, futures, and stocks. Even with such wild popularity in Asia, Ichimoku did not make its appearance in the West until the 1990s and then, due to the utter lack of information in English on how to use it, it was mostly relegated to the category of another "exotic" indicator by the general trading public. Only now, in the early 21st century, are western traders really beginning to understand the power of this charting system.

Superb written article on how to use ichimoku as a trading tool. Enjoy trading. make pips. Happy Chinese New year to all my reader.

Regards
PipsFarmer