Money Flow Trading Method along with Risk Management

IT is now official !!!

http://heavy.com/news/2017/01/electo...action-photos/

Snippet:

President-Elect Donald Trump’s Electoral College win was confirmed during a joint session of Congress today, as all the electoral votes were counted live. However, multiple Democrat Representatives objected many times, citing voter suppression, Russian interference, and other issues. But each time, Biden had to dismiss their objections because they did not have a Senator to sign on with their objections, as is legally required. This happened multiple times, with Biden becoming increasingly annoyed each time.

Here’s what happened.

Time and time again during the joint session, Democrat Representatives objected to the electoral count. Each time, their objection was ruled out of order and inadmissible because they did not have a Senator to sign on with them. The objections have were first made for Alaska, Florida, Georgia, and North Carolina. Rep. Jamie Raskin tried for Florida, but was unsuccessful because he did not have a Senator to sign on with him.

Read more: http://heavy.com/news/2017/01/electo...action-photos/

One more loose end out of the way so now they will CRASH the Markets !!! Good That is our Trade Plan

https://mishtalk.com/2017/01/06/yuan...om/#more-43219

Snippet:
Yuan Intervention Poised to Fail: All Not Well in Middle Kingdom

06 FridayJan 2017

Posted by MishMoments | January 6, 2017 3:46:03 | Economics


China desperately wants the yuan to rise to stem capital flight. Curiously, this puts China on the same wavelength as Trump, at lease as far as currencies go.
However, currency intervention does little in the short run, and nothing in the long run. Lets take a look at some charts.
Intervention Fails Daily Look
https://mishgea.files.wordpress.com/...ng?w=529&h=490

Intervention Fails Monthly Look
https://mishgea.files.wordpress.com/...ng?w=529&h=506

Whats Going On with the Chinese Renminbi?
Via email, Albert Edwardss Global Strategy Weekly addresses the question Whats going on with the Chinese renminbi?
It was somewhat perplexing that the increasing rout in the renminbi in Q4 last year barely raised a murmur of market concern. Many saw it as just the mirror image of the stronger dollar in the aftermath the Trump victory, but actually the renminbi was also being driven lower by an accelerating capital flight.
Global markets really couldnt seem to give a toss about events in China. Yet they should. And the Chinese authorities huge intervention to stamp on the hands of currency speculators is a signal that should be heeded. All is not well in the middle kingdom.
https://mishgea.files.wordpress.com/...ng?w=529&h=302

BitCoin vs. Renminbi
https://mishgea.files.wordpress.com/...ng?w=529&h=484
Yesterdays unprecedented official intervention in the overnight deposit market was intended to trigger a savage rally in he offshore renminbi as speculators rushed to cover their shorts.

Overnight Yuan Rate
https://mishgea.files.wordpress.com/...ng?w=529&h=404
This renminbi rally is likely nothing more than a short-term interruption in its decline against the dollar. Clearly with Trumps anti-trade/China rhetoric it is most prudent to control the pace of devaluation. Indeed, amid the Christmas festivities, the Chinese authorities took out an insurance policy by adding 13 new currencies to their target trade-weighted (CFETS) basket.

Chinas Currency Basket Weight
https://mishgea.files.wordpress.com/...ng?w=529&h=376
Edwards notes In the event of another EM currency rout, like that seen in 2015, the Chinese renminbi will now be joining in!
True enough, but

1. An emerging market currency rout has already taken place.
2. The basket footnote reads Effective dollar weight only reduced by 2.4% when factoring in pegged currencies (HKD, AED, SAR). Thus the change looks more important than it really is.
3. The US dollar is more likely to decline than rise at this point if the Trump rally fizzles, the US economy falters, or the Fed does not hike the expected three times in 2017.

All three points apply. Yet, that may not help China. It is the Yuan/USD ratio that matters most. And the yuan may not follow the US dollar index, especially if Chinas GDP weakens more than expected.


Mike Mish Shedlock

$USDJPY
Daily view

Technical structure formed
Low probability bullish breakout: 51% probability.
Break of resistance at 118.611 calls for upside to a measured target of 121.08.
Price trades with momentum to the upside, confluent with the established trend. OBOS signals have cooled and a move to the upside in the next few trading days seems likely.
Price often fails at the target and pulls back bearishly. Some see this as a topping structure, I'm not convinced.
Attached Image
http://www.forexfactory.com/attachme...1&d=1483738229


Trade safe.
Turtle trend trading

Dear Forex Traders especially those that trade mainly using the excellent charts such as this one attached.

I will address my question to KeepCalmfx however everyone who reads this is invited to answer my question.

Based on this chart of USD/JPY where will it go next over 118.00 towards 120.00 or back below 115.000 heading back towards 110.00 ?

On a scale of 1 to 100 what would the odds be from each of these possibilities ?

Thanks for all your answers !!!


Benjaminis

Hi Ben JPY is not one of my favorites currencies it may go to 120 but I have a preference for the short side I will be looking to short around the 118 mark.

I did not put my question in a clear way. My question is can the USD/JPY tell you with certainty or certainty on a scale of 1 to 100 which way it will go. My answer is NO and I would place my scale of certainty at 80 that it would reach 110.000 before it ever reaches 120.00

The point of my question is can the chart of USD/JPY tell us which way the Money will Flow and why ?

Have a Great Weekend and it is nice to have you post here.


Benjaminis

Here is where I stand or sit actually after opening my own FXCM UK Demo Account which started with $50,000 US DEMO DOLLARS !!!

My account was created on December 20, 2016. That is 17 days ago. My GOAL is to show profits of $10,000 US Dollars which would be 10% and when repeated for 12 months in a row then the Return on Investment (ROI) would equal 120% or more. That would make me the Number One Forex Trader in the World.

(Based on ratings from Barclay which I have posted here on this thread.) The Top Ten Traders working for corporations and funds that manage between $1,000,000 US Dollars and not more than $10,000,000 US Dollars rarely average more than 5% a month or 75% a year consistently.

I appreciate your opening my email, and I look forward to helping you understand and use Barclay's data and tools to their potential.

When would be a good time and the best number to call you?


Richard Rubin
BarclayHedge, Ltd.
[email protected]
Tel: +1(641)472-3456
Fax: +1(641)472-9514
www.barclayhedge.com



PERFORMANCE RANKINGS:
Managed Futures
Currency Traders Managing At Least $1 Million but Under $10 Million as of Month-end November 2016*
CTA ProgramNovember 2016
RORYTDMUM
1Aleph One Fund Management Ltd.(Isotropic Fund)3.33%N/A$3.20M
2Typhon Capital Management(Chiron Currency)2.17%5.22%$2.00M
3Trigon Investment Advisors(Foreign Exchange)0.92%2.85%$3.30M
4Principal Global Investors (Europe) Ltd.(Global Time Divers Absolute Return Fund)0.28%7.81%$4.50M
5Hartswell Capital Management Inc(MP-1)-0.03%37.87%$8.00M
6C-View Limited(3X Leveraged)-0.08%1.43%$4.00M
7Cambridge Strategy (Asset Mgmt Ltd)(Extended Mkts)-0.55%5.41%$2.00M
8Xenfin Capital Ltd.(XenfinCRT Prime FX Program)-1.86%0.30%$5.30M
9Rockstead Capital(Rockstead Fixed Income Fund)-3.06%N/A$3.00M
10Whitmore Capital Management(Whitmore Capital, LP)-16.07%-7.97%$4.50M

* Number of Eligible Funds in this Ranking: 9

This is the number 5 on the List above !!!

HARTSWELL CAPITAL MANAGEMENT's MP-1 program is primarily based on strategies where volatility exists in multiple currencies. With this volatility comes very strict parameters to control our risk with respect to maximum allowed leverage in our system with trades, closures, breakeven levels and etc. The MP-1 strategy works well when a strong trend is evident and to compensate for periods of non-volatility,the system uses strategies with less weight, such as, reversion, "scalping" among others and thus enables our system to maintain a respectable DD throughout most market conditions.

What I am asking my students to do is show yourself and me that you can earn $2500 US Dollars each month of trading for 3 straight months. That works out to 5% a month ROI.

If that can be achieved we start another type of Turtles organization. Time will tell.

http://turtletrader.com/

Snippet:
Teachers
The legendary turtle teachers.
http://turtletrader.com/images/box-3.jpg
Richard Dennis made his first million by age 25 and $200 million by age 37. He was the lead turtle teacher with a unique view: “Trading was more teachable than I ever imagined. Even though I was the only one who thought it was teachable. It was teachable beyond my wildest imagination.” Great investors conceptualize problems differently than other investors. These investors don’t succeed by accessing better information; they succeed by using the information differently than others.

Snippet:
Classic Rules
The famous trading rules taught.
http://turtletrader.com/images/box-2.gif
The Turtle students learned all rules in only two weeks. They did not learn to trade from a screaming mosh pit on the trading floor with wild hand signals, but rather in a quiet office with no televisions, computers and only a few phones. Their rules answered these questions: What is the state of the market? What is the volatility of the market? What is the equity being traded? What is the system or the trading orientation? What is the risk aversion of the trader or client? View the rules.




Benjaminis

My Summary of my FOREX FXCM UK ACCOUNT !!!


Beginning Balance $50,000.00 US


Trading Commission-36.00

Rollover Fee-877.10

Profit/Loss of Trade-7,416.11 (GROSS)

Deposit 50,000.00

Ending Balance 56,503.01

Floating P/L 275.99

Equity 56,779.00

Necessary Margin 2,100.00

Usable Margin 54,679.00



I am using Margin of $1100 US for my SHORT US 30 and Margin of $1000 US for my SHORT USD/JPY

Notes:
"THIS IS A DEMO ACCOUNT WHICH IS TRADED WITH VIRTUAL FUNDS. NO REAL MONEY IS USED IN TRADING THIS ACCOUNT. Demo accounts are used primarily for education purposes, testing of strategies, and familiarizing traders with market movement and the FX Trading Station. There are inherent risks associated with online trading that may arise due to downtime, currency fluctuation and other risks associated with currency speculation. Only risk capital should be used when trading a real account."

" "
i might be wrong but,let me try...a u/j chart can show us money flow...and this what i mean..for u/j to be buying now, it means after N.F.P...we were risk off...hence money flowing into u/j(strengthened)....the commodity currencies also support this by loosing ground(sold). so yes i think u/j showed us money....and that as of this afternoon after n.f.p..we have been risk off....

I was having my supper earlier tonight and I brought with me to read an article that I had saved dated August 11, 2011 by Martin A. Armstrong.

This is MUST reading and when you read it all please post your questions here, This is your first homework assignment. I will go through the article and highlight 5 snippets. This article gives us a tremendous clue and insight into what will soon happen. I am going to post now a link to who this world famous man is who is world famous and is consulted by Governments around the world. I subscribe to his daily releases.

Here is the link to the PDF File.

https://armstrongeconomics.files.wor...tem-081111.pdf

https://en.wikipedia.org/wiki/Martin_A._Armstrong

Snippet:
Martin Arthur Armstrong (born November 1, 1949) is the former chairman of Princeton Economics International Ltd. He is known for his economic predictions based on the Economic Confidence Model, which he developed.

In September 1999, Armstrong faced prosecution by the Securities and Exchange Commission and the Commodity Futures Trading Commission for fraud. During the trial, Armstrong was imprisoned for over seven years for civil contempt of court, one of the longest-running cases of civil contempt in American legal history.[1] In August 2006, Armstrong pleaded guilty to one count of conspiracy to commit fraud, and began a five-year sentence.[2]

The 2014 film The Forecaster tells the story of Armstrong creating his financial model, his imprisonment and release.[17] It was directed by Marcus Vetter and Karin Steinberger, premiring at the International Documentary Film Festival Amsterdam.[18]


Snippet One: The Mortgage Crisis was a nightmare, but those that were responsible only look at the immediate rewards. They do not look at the COLLATERAL DAMAGE nor do they have a clue about international global ramifications. It is far more dangerous when you realize there are a lot of people who only look at the immediate objective. They had no idea that rigging the mortgage market would bring down the whole system. Even Goldman Sachs needed to be bailed out and borrowed $5 billion from Buffett. These people see only the money in front of them, not the collateral damage tomorrow. Now we have the VERY SAME mistake once again. The S&P Downgrade was about as stupid as if it were carried out by trained chimp. I believe the S&P Downgrade was a market manipulation no different than when they rated mortgages AAA. They only saw the immediate profit from quick trade. I believe they were too stupid once again to realize they were pulling another foundation stone out of the pyramid we call the Global Financial System. I believe it was irresponsible, dangerous, and has set in motion a meltdown of global confidence that is driving volatility much higher for the second half of the year. CONFIDENCE is collapsing worldwide. So thank you S&P. What you have set in motion cannot now be put back in the bottle. You have now caused people to assume France will lose its AAA and European banks hold the sovereign debt of troubled European nations. So the whole world is coming unglued. Great job!

Snippet Two: The most fundamental issue that supports everything is CONFIDENCE. You can’t possibly invest unless you understand and have CONFIDENCE in what is happening. A real trader must have conviction that his comprehension of what is driving the market is correct. Standard and Poors has cause so much damage to CONFIDENCE it is just not funny anymore. In the instant case, the S&P Downgrade is the icing that appears to be one of those desperate attempts to rig the markets to create the PERFECT TRADE. Not that we are in the land of stability. Our politicians will not fix the problems because they will only act AFTER the crisis and then lock up peripheral characters that were not responsible. Ralph R. Cioffi and Matthew M. Tannin were two Bear Stearns hedge fund traders who were criminally charged in Brooklyn and the prosecutors tried to blame the entire mortgage collapse on these two men. The jury found them innocent and the government full of shit charging these two traders ONLY because Bear Stearns collapsed. It is only Manhattan courts change transcripts and enjoy a 99% conviction rate. The judges in Brooklyn are not as morally depraved as in Manhattan. This shows how they will never charge the real culprits, only the fringe. However, the government would never have charged these traders if the firm was still viable. Everything that takes place is carefully orchestrated and with a purpose. This S&P Downgrade is bogus! But don’t worry, nobody will be charged with insider-trading.

Snippet Three: However, while New York has been dominated by the questionable conduct of a few, what is important to comprehend is that NO MANIPULATION is possible where a bull market can be artificially converted into a bear market. Here is a chart of the Panic of 1869 where the term “Black Friday” was coined because the riot on Wall Street turned into dragging the bankers out of their offices and hanging them on Wall Street. They sent in troops to suppress that panic. But look closely at this chart. The high in gold actually took place in 1864. It was a bear market and this manipulation was an attempt to actually turn a bear market into a bull market. It completely failed. Modern attempts at manipulation that have been successful GO WITH THE TREND and just GOOSE the volatility as we have just seen. These modern types of manipulation are seeking the PERFECT TRADE that is of course GUARANTEED. The recent trial of Galleon shows that the government can call anything “inside trading” and prosecuted on absurd arguments that phone calls about earnings was inside info. But such info is NOT by any means a GUARANTEED trade. But the trial of Galleon was a show to pretend they prosecute people for this stuff when in fact the real INSIDE INFO is the GUARANTEED trades that nobody will investigate because they lead right down the rabbit hold nobody in New York wants to talk about. When the regulators are in their pockets, this type of shit is more likely to cause a world war if people start rioting overseas about US market manipulations. Even Goldman Sachs who claims to be the smartest firm to ever exit lost money on 15 days in the second quarter, which was one of the worst trading performances they posted in recent time according to their regulatory 10-Q filing. Only four days did their trading revenue rise above $100 million. In July they reported only a profit of about $1 billion a figure sharply below expectations of $2.27 a share. Also in the filing, Goldman says it is dealing with several legal matters and "reasonably possible" losses from these claims.

Snippet Four: The Dow Jones will at LEAST double in price in the YEARS AHEAD (NOT NOW) as a result of the DEBT CRISIS once we get through the chaos of this period. While everyone acknowledges gold rises in times of chaos, so will the Dow when we are dealing with a debt crisis because capital shifts as it did 1932 to 1937 from debt to equity. Confidence in corporations surviving rose and government declines (Private v Public Confidence). When there is FEAR that the US will default or the currency will depreciate in purchasing power, the Dow will rise provided the rest of the world is in the same boat. If the US is the ONLY problem, the foreign capital will short the US as was the case in 1987 and during the 1970s. Why? UNLESS you understand the dynamics of global capital flows, you will become a victim of domestic street hawkers’ fundamentals, and you should just call your favorite NY banker and give him what you own now and save all the humiliation. My father was a colonel under General Patten who really did read Rommel’s book on tank warfare and defeated him because he understood what he believed. Rule #2: Always view everything through everyone else’s perspective to understand the world. In Western society, there are no qualifications to run for political office. This means the people we elect require no expertise. Would you allow someone to be a surgeon operating on you who was a lawyer? Well, try searching for intelligent life in any capital that has any qualifications whatsoever to deal with markets no less our debt crisis. What to do not grasp is that in the end, the interest cost of constantly rolling over the debt will cause the entire system to collapse. Politicians are risking OUR very future and that of our posterity all based upon the fact that they are clueless. I have been a board member of a bank in the ‘70s. I have advised more multinational companies and governments probably than anybody else. I have seen the world through everyone’s eyes. You cannot understand these subjects in depth without real experience. I can no more be a surgeon than those in political office can do economic forecasting. We are an accumulation of our experience, yet we elect people who look sharp, smile nice, and can read from a script to get everyone excited. Didn’t Obama stand in front of vacate factories and say he would bring back job? Let’s see, we do that by raising taxes? He criticized Bush for denying terrorists trial by jury. After one trial in NYC of Ahmed Khalfan Ghailani charged with 286 counts of killing 244 people, the jury acquitted him of ALL counts but one. Suddenly, Obama switched back to military trial when he realized the American people didn’t buy all the bullshit exaggerations. It make you wonder how much you can believe and Obama is doing the very same thing right down to signing statements that he criticized Bush for doing. This illustrates absolute power does corrupt absolutely. Government NEVER trusts the people. It is always THEM against WE THE PEOPLE. The lack of term limits created a professional political class who identifies with the courts and executive NOT the people. They also assume the American people will soon forget all about the debt and that whatever the headlines are today, they will be forgotten by election. The Flash Crash is ancient history already and so goes elections. Those who are born and want to be politicians have nothing to offer because they have NO EXPERIENCE in the real world. How can you lead a nation when you have never been really part of the PEOPLE? However, it is debt that is the great destroyer. It was the sovereign debt defaults that created the Great Depression – not the drop in the stock market and speculation. The amount of money invested in bonds v equity is at least 10:1. If the debt market collapses, so does the nation.

Snippet Five: As Europe prepares to implode, The European Central Bank (ECB) is like the Dutch boy sticking his finger in the dike. Instead of fixing the system structurally, they are vowing to buy Italian and Spanish bonds to support the market. This is the European version of QE2. Let’s follow this through to the logical conclusion. Is the ECB willing to permanently buy all the debt of troubled nations? Or is it simply a measure like Japan where the government wiped out the Postal Savings Fund $1 trillion desperately trying to support their bond market. This is the whole problem. Everything is reactionary and seen to be a temporary fix. The wound requires stitches, not band aids. Italy is the THIRD largest debtor behind the US and Japan. It is too BIG to be bailed out. Either Europe consolidates ALL member debt into a single EuroBond issue, or it should sell tickets to the fireworks display that will eventually take place. Career politicians have destroyed our future for they have borrowed all the time with no intent upon ever paying anything back and in this light they just issue bonds paying interest that escalated the entire debt crisis. Who could bailout the USA or Japan when it is their turn? Then we have the US states starting to implode. And the Republicans really think just cutting spending will save the day? S&P seems to be in the Democratic camp becoming political insisting on tax increases and Newsweek puts Michele Bachmann on the cover with an unflattering deer in the headlights look. These two interesting events seem to be political attempts at steering the country politically. If S&P is really concerned about the future, then why not be honest in the analysis that shows interest expenditures will crowd out all other spending. Then what? Are they advocating generational REVOLUTION as is perhaps beginning in Britain thanks to high unemployment among the youth? Instead of actually looking at the structure, it appears we are getting caught between political forces that are escalating to a horrendous climax. The Democrats just want to tax the rich and destroy all jobs as if this is really going to solve anything. Even Wolf Blitzer of CNN was actually asking the question of Donald Trump that the hedge fund manager Paulson made $4.5 billion and only paid 15% tax and said that was not “fair” in his mind. I was shocked at the question and it is clearly Marxist class-warfare that will tear the United States apart. This is like your kid has your check book, buying everything in sight, and the blame is yours for not having enough money in your account. How dare you! Nobody is looking at the system itself. Even if we take every penny earned by Paulson, destroy his incentive to work, would this actually balance the budget? Never! The interest expenditures are like that Energizer pink bunny on TV that keeps on going. The Republicans are WRONG and you cannot cut social spending to reverse the economy and the Democrats are WRONG that you cannot tax the rich to solve the problem without wiping out jobs. Our system is screwed! Nobody seems to analyze the interest expenditures. You can’t cut the interest costs without defaulting on the debt! In the end, we will default because there is no intelligent life residing in Washington. We will default because there is NO intent to ever pay off anything and right now each and every taxpayer’s share of the national debt is almost $130,000. HELLO! Is anybody home? The rhetoric that America always pays its debt is not true! They forgot about the default on the Continental Currency before the US dollar. America is not above everyone else and will be thrust into default as buyers of debt shift from public to private assets towards the end of the cycle (NOT NOW). Certainly, there is no hope of paying off the debt. We ran out of magic beans to climb to a new world and the last I looked, there was no manna falling from heaven.

Comments from Benjaminis: PLEASE BE REMINDED THAT WHAT YOU JUST READ WAS DATED AUGUST 11, 2011. That was over 5 years ago. So now FAST FORWARD to January 6, 2017 and there can be no doubt that what the world is experiencing is HISTORY just repeating itself except for the fact that this will become an infamous part of history read by people January 7, 2117 yes no TYPO , 100 years from tomorrow. I hope you all understand the signifigance of the words of Martin A. Armstrong written over 5 years ago.

https://www.armstrongeconomics.com/m...anuary-6-2016/

Snippet:
Most markets were waiting for the US employment report in order to set the theme for the rest of the month. Auto shares were the poor performer on the Nikkei today after Trump’s remarks over tax levies on auto-makers but also because the rally in the JPY. The Nikkei closed off -0.3% led predictably by exporters. Shanghai also closed down 0.35% with a little profit-taking and also watching the Yuan recover from a recent bout of weakness. In late US trading the offshore CNH trades 6.8500.


Europe opened small lower as we awaited the US numbers but ahead of the release most core European indices were down around -0.3%. The headline NFP came in at +156k less than the forecast +178k, with an unchanged 4.7% rate. Much was made of the 10cent hourly earnings increase and on the whole the consensus was it was a solid report. Markets were not sure how to take it initially but then we started to see selling pressure in fixed-income, from both sides of the Atlantic, and that increased as the day wore on. The DOW came within a whisker of the psychological 20k mark but it wasn’t to be today; for that we wait for next week.


Treasuries we hit as the trading volume intensified with the curve steepening as yields rose. 2’s closed 1.21% (+5bp) with 10’s trading 2.425% (+8.5bp). Bunds traded heavy all day and were even reluctant to follow yesterdays Treasury rally, widening the spread again. Bunds closed +0.295% (+5.5bp), Italy 1.96% (+3bp), Greece 6.69% (+4bp), Turkey 10.98% (-10bp), Portugal 4.01% (+2bp) and Gilt 10yrs at 1.38% (+9bp).

http://www.shtfplan.com/emergency-pr...ented_01062017

Snippet:
Editor’s Comment: The system is taking advantage of the public’s naivety, and its false hope in the latest stock bubbles. The truth is that the underlying factors are tipping towards disaster; the real economy is grinding to a halt, and no amount of good news about returning jobs and production can turn that around overnight.
Obama’s administration left us with a huge bill due, and the banksters-that-be have poised the next administration for the collapse. Those who follow economic news may know of the warnings, but much of the public has no idea about what is coming. Take heed, and get ready. The happy times may not last…


The False Economic Recovery Narrative Will Die In 2017
by Brandon Smith

Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel far less fear than is warranted. Hey, why should they? We’ve managed around eight years skating on thin ice, why shouldn’t we expect eight more years of the same?

The banking elites have done the job they set out to do, which was to drive the economy to the very edge of the financial cliff, and then keep it suspended there until the general public became comfortable living next door to the abyss.

Why do this? Well, the greater dynamic at play here is something the average person will not understand or refuses to examine — economics today is about mass psychology. The economy is a tool, or a weapon, by which international financiers can influence the public mind and the emotions of the mob. In order to grasp the mechanics of economics it is not enough to deal in statistics and trade principles; one must also grasp human behavior and how it is manipulated. One must acknowledge that in economics we witness the transmutation of societies by word and by force, by chaos and by order. Economics is alchemy.
The globalists (in their twisted view) seek to change lead into gold, and just as in alchemy, these elements are a metaphor for psychological evolution. For the globalists, social engineering is a form of witchcraft; they see it as creation, or a grand form of architecture.

But it is not creation. The globalists are incapable of such art because true art requires wisdom and empathy. All they know is how to deconstruct existing systems generated by nature and free men and rearrange the shattered pieces into something more oppressive and ultimately less interesting than what existed before. Give the internationalists a Mona Lisa and they will shred it, reconstitute it and regurgitate a paint by numbers coloring book.
The globalists only know how to turn gold into lead.

If you do not understand the reality of globalist influence in markets and the nature of economics as a weapon; if you actually believe that the economy operates purely on some kind of free-roaming free market principles, then you will never be able to wrap your head around the otherwise absurd behavior of our financial structure.

The psychology of fiscal “recovery” is a vital tool for change and for developing false dichotomies. For example, I recently came across this article from the pervasive propaganda hub of Bloomberg. In it, Bloomberg outlines a story we are by now very used to hearing from the mainstream — that the presidential era of Barack Obama has left the economy of the U.S. in particular in “far better shape” as he leaves office than when he entered office.


Now, anyone who has been reading my analysis for at least the past six months (if not the past ten years) knows exactly what I think about the current state of the economy and what is likely to happen in the near future. For those new to my position, here is a very quick summary along with linked evidence supporting my claims:
From the 1990’s leading into the year 2007, the Federal Reserve engineered a massive debt and derivatives bubble through the use of artificially low interest rates in the housing market. Alan Greenspan, the presiding Fed chairman at the time, openly admitted in interviews that the central bank KNEW an irrational bubble had formed, but claims they assumed the negative factors would “wash out.” This is a constant meme set forward by the Fed — that they were essentially too stupid to foresee a collapse of the bubble they knew they had created. They prefer that the public believes that the Fed was “incompetent” rather than deliberately destructive.


The low rates fueled a machine of mortgage backed securities and derivatives based on trillions of dollars in loans to people that had no ability or no intention of ever paying them back. The Fed had aid in this program from the ratings agencies, which labeled obviously toxic debt as AAA for years, and the SEC, which refused to investigate any legitimate claims of asset manipulation and ill intent. This corrupt behavior on the part of the SEC was showcased in the testimony of SEC whistle blower Gary J. Aguirre, who warned of dangerous debt pools and manipulation within the banking industry in 2006 before the derivatives collapse and also warned that the SEC interfered with any investigation attempts into the problem.


This led to the well known “Great Recession” triggered in 2007/2008. The Fed along with numerous other central banks around the world had conjured a crisis and then offered their own solution to that crisis. Namely, the solution of massive fiat stimulus programs purchasing toxic debt, treasury bonds, corporate stocks and anything else that wasn’t nailed down.

The “bailouts” and quantitative easing projects, however, were actually cover for a far larger program of untold trillions in overnight loans to corporations, domestic and foreign. A never-ending river of dollars created out of thin air and pumped into companies for near zero interest. It was these free overnight loans that allowed international conglomerates to sidestep the monstrous black hole of derivatives debt they were circling and purchase their own stocks through stock buybacks, thus reducing the number of existing stocks on the exchanges and artificially boosting the price of the remaining stocks. This caused stock markets to skyrocket from near death to historic highs.

In the meantime, government bureaucracy has worked tirelessly to manipulate statistics to falsely reflect an overall recovery. The stock market is much easier to manipulate than the fundamentals, so, the fundamentals must be misrepresented. While some numbers slip through the cracks and issues of true supply and demand continue, the vast majority of the populace has little clue that the collapse of 2008 never actually stopped, it was just shifted into a state of slow motion.

The Fed’s low interest rates, specifically on overnight loans, has allowed the economy to sputter along for eight years, and has greatly enriched the top .01% in the process. But now, their strategy is changing.

The problem is that stimulus has a shelf life, and while certain stats can be skewed and the stock market can be inflated for a time, eventually, consequences must be accepted in the real economy for attempting to defy gravity for so long.

The initial collapse was designed to foster an even greater event. Without the derivatives bubble, the central bankers never could have convinced the masses to accept the idea of a fiat stimulus bubble which would eventually put the dollar at risk, along with the overall U.S economy. Taking the brunt of the 2008 crash would have been painful, but not insurmountable. But with eight more years and tens of trillions in added debt along with increased geopolitical tensions and an equities bubble for the ages, the scale of the final stage of collapse will be truly unprecedented.


The purpose of this final event will be to generate so much chaos and desperation that the public will be compelled to search for extraordinary solutions. The globalists will be ready with those solutions, including those they have openly outlined decades in advance in publications like The Economist

The Wrap Up - Nightly

I leave you with a website that covers the other side of the street with hopefully the TRUTH !!! You decide for yourself. Good Evening and Enjoy your weekend.

Benjaminis

http://sgtreport.com/2017/01/glenn-g...ews-on-russia/

Snippet:
“Mainstream U.S. Media is Culpable for Disseminating Fake & Deceitful News on Russia”?

Correct. Here’s why:

1) The Western MSM is owned by the same people who own the Western International Central Banks.

2) Why does the ‘Jew’-ish-owned-and-operated Western MSM (Mainstream Media) ALWAYS DEMONIZE PUTIN? Because before he came to power, it was the West that put together a plan to ‘privatize’ Russia’s massive state industries.

This plan eventually enabled a group of ‘COMMITTEE OF 300’ (Western) financiers to buy up previously-state-owned Russian factories and industries, mining, energy (such as GAZPROM and YUKOS gas and oil companies), gold, platinum mines, etc., for a mere pittance compared to their actual value.

According to Dr. John Coleman, in his book: THE CONSPIRATOR’S HIERARCHY: THE COMMITTEE OF 300, 4th edition, revised and updated (2006), this ‘Gang of Eight’ (pg. 406) ‘who took possession of these priceless assets belonging to the Russian people became rich beyond the expectations of even their wildest speculation by ruthlessly stripping them and exporting the billions of dollars stolen to offshore banks.

The Committee [of 300] hoped to severely impoverish Russia by stripping it blind of its natural resources.’ — pg. 406. But, Dr. Coleman continues, the Committee didn’t plan on PUTIN: ‘Immediately upon taking office, PUTIN set about dismantling the ‘Gang of Eight’. They were charged with serious crimes over a wide range of the Russian criminal code. Most fled the country. A prominent and public display of President Putin’s determination to stand up to the Committee of 300 was the return of GAZPROM and YUKOS to ownership of the Russian people.

The robber barons involved with the Jeffrey Sachs-Wharton School of Economic Model were completely dismayed…’ — pg. 406, THE CONSPIRATOR’S HIERARCHY: THE COMMITTEE OF 300, 4th edition, revised and updated (2006), by Dr. John Coleman (Former MI6).


So, basically, PUTIN ENFORCED THE RULE OF LAW IN RUSSIA, & returned key factories and industries to the ownership of the Russian people, and sent the PARASITES scurrying for their lives. THAT is why their ‘Jew’-ish counterparts in the West are pissed. Russia is a resource-rich country, and they would like to continue to RAPE RUSSIA AND ITS PEOPLE ~ THANK YOU VERY MUCH!

This is also the problem they have with TRUMP ‘warming up’ to PUTIN.

http://www.nomiprins.com/thoughts/20...-for-2017.html

Happy New Year! May yours be peaceful, safe and impactful!

As tumultuous as last year was from a global political perspective on the back of a rocky start market-wise, 2017 will be much more so. The central bank subsidization of the financial system (especially in the US and Europe) that began with the Fed invoking zero interest rate policy in 2008, gave way to international distrust of the enabling status quo that unfolded in different ways across the planet. My prognosis is for more destabilization, financially and politically. In other words, the world's a mess.


Over 2016, I circled the earth to gain insight and share my thoughts on this path from financial crisis to central bank market manipulation to geo-political fall out, while researching my new book, Artisans of Money. (I’m pressing to hand in my manuscript by February 28th – the book should emerge in the Fall.)
I traveled through countries Mexico, Brazil, China, Japan, England and Germany, nations epitomizing various elements of the artisanal money effect. I spoke with farmers, teachers and truck-drivers as well as politicians, private and central bankers. I explored that chasm between news and reality to investigate the ways in which elite power endlessly permeates the existence of regular people.

In last year’s roadmap, I wrote we were in a “transitional phase of geo-political-monetary power struggles, capital flow decisions, and fundamental economic choices. This remains a period of artisanal (central bank fabricated) money, high volatility, low growth, excessive wealth inequality, extreme speculation, and policies that preserve the appearance of big bank liquidity and concentration at the expense of long-term stability.”

That happened. Going forward, as always, there’s endless amount of information to process. The state of economies, citizens and governments remains more precarious than ever. Major areas on the upcoming docket include – central bank desperation, corporate defaults and related job losses, economic impact of political isolationism, conservatism and deregulation, South America’s woes, Europe’s EU voter rejections, and the ongoing power shift from the West to the East.

For now, I’d like to share with you some specific items - which are by no means exhaustive, that I’ll be analyzing in 2017.


1) Watching the Artisans of Money (Central Banks)
On December 16th, 2015, after equivocating for seven years, the Fed raised rates by 25 basis points. To hedge itself against its own decision, the Fed claimed that despite this move (that the financial press considered indicative of an actual policy shift) its "stance of monetary policy remains accommodative after this increase.” Sure enough, the Dow opened January, 2016 with a 10% drop. The US stock market exuded its worst 10-day start to a year since 1897. Other global markets fared worse.

Four hikes were initially predicted for 2016. We got just one. Another 25 basis points followed – nearly to the day, on December 14, 2016. The Fed has now forecast another three hikes, for 2017. If you do the math, consider the reasons behind the Fed’s wishy-washy language, and ignore economic rhetoric, that translates to one hike this year.

Last year, I noted that the Fed’s December 2015 rate move was “tepid, and it’s possible the Fed moves rates up another 25 or 50 basis points over 2016, but less likely more than that.” This happened. Given the tempestuous state of the world and over-optimism surrounding Trump’s ability or desire to follow through on certain campaign vows, I see no reason for a different rate pattern in 2017.

2) Volatility for Stock Markets
Following a volatile start to 2016, markets rebounded. Not because fundamental economic conditions of the world’s major countries improved instantly or geo-political tension declined. But as other major central banks took over the cheap money mantle.

The cavalry appeared. The Bank of Japan hit negative rate territory in January, 2016. The European Central Bank adopted negative rates in March, 2016. As a result of these major central banks equalizing the cost of global money back to zero, the stock market bubble marched on. And if that wasn’t enough to show that liquidity and crisis concerns still exist, both central banks introduced additional manifestations of quantitative easing during the year with the ECB extension in time and BOJ extension up their yield curve.

In November, Donald Trump’s victory further elevated stock markets, especially sectors most likely to be deregulated by the incoming billionaire club administration, like banks.

Yet, the idea that any President can control the economy with a tweet and a set of disparaging or aggrandizing comments is foolish. Once the hype of a reality TV show president subsides into prevailing political and economic uncertainty, stock and bond markets will end the year crumbling in the dust of broken promises.

3) Rising Corporate Defaults and Oil Prices
Extending a disturbing trend, the number of large global corporations that defaulted in 2016 outpaced those in 2015 by 40 percent. The figure for 2016 hit 150, making 2016 the worst year for corporate defaults since the financial crisis.

If Trump wants to make America great again, he should start by examining the leverage in corporate America, where 2/3s of global corporate defaults occurred. Of those, 50 out of 63 globally, were in the oil and gas sector. (Emerging markets accounted for 28 defaults and Europe for 12). S&P expects the default rate to rise in 2017. And if Trump’s nominee for Secretary of State, Rex Tillerson, has anything to do with it, oil prices won’t move up much for 2017. This will mean more defaults in that sector. Based on his recent statements, his policies are cushioned in the ideology of pumping more oil, not less.

4) Turmoil in South America
Last year, given how scandal-plagued Brazil was, I thought no matter what happened regarding now-former Dilma Rousseff’s government, its markets would slip along with its economy. Yet, against all logic, interim President Michel Temer, even more plagued by scandal than his ejected predecessor, got a Hail Mary from the international investor community. Much of that had to do with Wall Street’s old friend Henrique Mereilles nabbing the minister of finance spot (having run Brazil’s Central Bank under President Luiz Incio Lula da Silva (a.k.a. “Lula”) from 2003 to 2010.)

I also said that Argentina wouldn’t be having a “walk in the park.” The new centrist government removed currency capital controls in order to attract foreign money, which had the side effect of crushing the Argentinean peso. Unemployment and general angst increased. A group of protestors recently stoned the car of President Macri amidst growing resentment of his austerity measures.

Venezuela, a nation dependent on oil for 96% of its exports has erupted into total chaos. As perhaps the desperation move “currency controls” or restrictions were introduced in early December President Maduro announced plans to withdraw the 100 bolivar note which makes up 77 percent of all currency in circulation and closed the borders to stop people holding Venezuelan currency outside of the country. That caused mass panic and Depression like bank lines, looting and violence. The government chose to keep the 100-note in circulation until January 20. That’s a temporary measure. So is a large year-end bond issue from the government forced on the state banks. Things will get uglier. Restricting currency circulation is a harbinger of the war on cash everywhere. Contagion in South America is more likely to be acute this year.

5) First Half: Rising Dollar/ Sideways Gold, Second Half: Reverse and Cash
Last year, I said that despite other countries (and the IMF) seeking to battle the almighty Greenback, global malaise would “keep the dollar higher than it deserves to be.”
Then, I expected gold “to rise during the summer as a safe haven choice” which it did and to “end the year lower in US dollar terms” which it also did. This year, it’s likely that the dollar will remain strong in the beginning given the recent Fed hike, expectations of more, and initial enthusiasm for Trump’s promises. This will keep a lid on gold.

Yet once it becomes clear that US economic conditions remain lackluster and inequality rampant, the dollar will weaken and gold will appreciate. In the backdrop, though the US remains the world’s biggest gold holder, nations like China, India and Russia will continue to stockpile gold in a bid to diversify against the dollar.

In addition to watching the yellow metal, as I’ve urged over the past few years, routinely extracting cash from bank accounts remains a smart defensive play for 2017. People have asked me where to keep it. The answers depend on individual financial situations, but paying down debt, buying necessary hard assets and staying liquid with the rest in physical reach (there’s a reason for the term, keeping it ‘under the mattress’ is practical.

6) Power Shift from West to East through China and Japan
As it has done since cheap money became US economic and financial policy in the wake of the financial crisis, China continues to forge a US-independent path. It did so through inclusion of the Renminbi in the IMF’s SDR basket in October 2016. It also established a stronger relationship and side agreements with Russia, the BRICS community and increasingly with Europe and the United Kingdom post the Brexit vote. That was no accident, but part of a strategy to be distanced from the risk the US and its central and private banking system poses. The New Development Bank (formerly referred to as the BRICS bank) headquartered in Shanghai, China, offers alternatives to old institutions like the IMF, and allows for a rise of eastern and emerging nations to succeed in a collective format.

The trajectory of this power shift from the US dollar and US policies will escalate. If Trump and his team go the isolationist, or bilateral trade agreement routes, it will only push China to increases its economic, military and diplomatic presence globally. While Trump (and the outgoing Obama administration) accuse China of currency devaluation, the People’s Bank of China (PBOC) has actually been selling US treasuries to bolster its currency - hit by capital outflows, not manipulation. China sold $22 billion of US treasuries in July. Its US government debt holdings are at their lowest level in more than three years, and these sales, especially in the face of Trump’s scorn, will continue.

These accusations and geo-bullying will also push former adversaries, China and Japan closer together. The two nations are already negotiating some historic agreements. We could be approaching a new era in which Sino-Japanese relations allow for diplomatic normalization and more economic partnerships, which would be mutually beneficial.

Over 2016, Japan entered greater cooperation with India and Russia. The agreements it arranged will bolster Japan’s potential for 2017. The Yen should appreciate as a result. Even in the case of further economic turmoil in the US and around the world, the Yen will benefit, as it did during the financial crisis, from being a safe haven currency.

7) More Anti-EU sentiment and economic hardship in Europe
In 2015, Mario Draghi, European Central Bank (ECB) head decided to extend Euro-QE into March 2017. At the start of last year, I said that, “The euro will continue to drop in value against the dollar” and “negative interest rates will prevail.” That happened. And despite no evidence of any economic benefit (and purely to help ailing banks) Draghi extended Euro-QE to December 2017, with a promise to do more if necessary.

Meanwhile, mega banks in Europe continue to buckle, economies continue to stagger and the uprising of populations increasingly apprehensive of the entire EU apparatus will be felt in votes this year. Already, much of Eastern Europe (with notable exceptions of Austria and Romania) has elected anti-EU politicians. With major elections approaching - in the Netherlands in March, France in May and Germany likely in October, the only way for the sitting elite to retain power is to make the markets seem frothy. That means more QE manifestations from Draghi, a weaker euro, more bubbles in major European stock markets and greater presence from conservative, protectionist politicians.

In Europe, weaker countries are struggling more than ever. In Greece, more than one out of every three people now lives in poverty and 25% of Greeks are unemployed and receive no benefits. Even stronger countries like Norway and Switzerland will be at economic risk as they begin to negotiate trade agreements with the central EU.

8) Upside for Russia
Any way you look at it, Russia will be a key economic beneficiary for 2017. The ruble appreciated about 21% vs. the dollar in 2016, outperforming all other emerging market currencies for the year. This trend will continue. Russia’s MICEX stock market index rallied 24% for 2016. Russian bonds will maintain that path amid high interest rates (around 10%) and a positive geo-political outlook relative to the US.

Russia will enjoy warmer relationships with the US under the Trump administration and find and ally in Rex Tillerson as Secretary of State. It has strategically engaged in trade agreements with China to diversity against US ones. Simultaneously it has furthered relations with many Eastern European countries that have been disillusioned with the EU. As more pro-Russia officials are being voted into power, the positive impact on Russia’s economy will carry on.

These alignments could provide Russia more impetus militarily. Having stepped in to assuage the situation in Syria while the US remained relatively silent, it can also capitalize on its Middle East relationships. Russia supplies nearly one-third of the EU’s natural gas, but energy but, it has also begun clean energy initiatives through the BRICS development bank and other platforms, a strategic diversification. That’s why the ruble will outperform the euro and the pound sterling.

9) Angst in the United Kingdom
Before being picked as Trump’s Commerce Secretary, billionaire, Wilbur Ross called Brexit a “God-given opportunity" for UK rivals. As commerce secretary, he can act upon that characterization - through negotiations of new US-UK trade agreements that favor the US. That would increase UK reliance on more optimal EU negotiations, by no means a given. The UK can also hope that China and the BRICS will offer better opportunities, which increases the West to East power shift.

The sterling fell 14% in 2016, due to Brexit and anxiety over what form it will eventually take. Despite a year-end dead-cat bounce, uncertainty can only mount once negotiations truly begin. As the Financial Times noted, the number of times the words “uncertain” and “uncertainty” appeared in the Bank of England’s Monetary Policy Committee meeting minutes in 2016 rose 78 per cent vs. 2015. That doesn’t bode well for the sterling. But in the event of a Bank of England rate cut (to compensate for the Fed hike), there would be another temporary boost to the UK stock and bond market.

10) The Trump Effect Will Accentuate Unrest
Trump is assembling the richest cabinet in the world to conduct the business of the United States, from a political position. The problem with that is several fold.

First, there is a woeful lack of public office experience amongst his administration. His supporters may think that means the Washington swamp has been drained to make room for less bureaucratic decisions. But, the swamp has only been clogged. Instead of political elite, it continues business elite, equally ill-suited to put the needs of the everyday American before the needs of their private colleagues and portfolios.

Second, running the US is not like running a business. Other countries are free to do their business apart from the US. If Trump’s doctrine slaps tariffs on imports for instance, it burdens US companies that would need to pay more for required products or materials, putting a strain on the US economy. Playing hard ball with other nations spurs them to engage more closely with each other. That would make the dollar less attractive. This will likely happen during the second half of the year, once it becomes clear the Fed isn’t on a rate hike rampage and Trump isn’t as adept at the economy as he is prevalent on Twitter.
Third, an overly aggressive Trump administration, combined with its ample conflicts of interest could render Trump’s and his cohorts’ businesses the target of more terrorism, and could unleash more violence and chaos globally.

Fourth, his doctrine is deregulatory, particularly for the banking sector. Consider that the biggest US banks remain bigger than before the financial crisis. Deregulating them by striking elements of the already tepid Dodd-Frank Act could fall hard on everyone.

When the system crashes, it doesn’t care about Republican or Democrat politics. The last time deregulation and protectionist businessmen filled the US presidential cabinet was in the 1920s. That led to the Crash of 1929 and Great Depression.

Today, the only thing keeping a lid on financial calamity is epic amounts of artisanal money. Deregulating an inherently corrupt and coddled banking industry, already floating on said capital assistance, would inevitably cause another crisis during Trump’s first term.

Comments from Benjaminis: That is finally a wrap. Enough work today. Now time to sleep and energize my batteries. I have lived a fascinating life and paid my dues and I enjoy life after 70 plus years of living. Good Evening !!!

hi beniminis,i do like to ask,
1)do we have the liberty of trading trading any of the 18 asset classes on our platform...or a certain of asset classes for now....sorry the question might be dumb..i have never had so much info,my head wants pop..
where does E/U belong in money flow through risk on and risk off.

hi beniminis,i do like to ask, 1)do we have the liberty of trading trading any of the 18 asset classes on our platform...or a certain of asset classes for now....sorry the question might be dumb..i have never had so much info,my head wants pop.. 2)where does E/U belong in money flow through risk on and risk off.
3) is US 30 same as dow30,if no please someone point me a link.

" "

sorry,i could be a bit of a block head atimes,so if equities close in negative territory, we have risk on,while if it closes in positive teritory..we have risk off.....just want to confirm.....i think i have it backward,and please what idoes the acronym CAC stand for.

Good Day

Morning Thoughts - Daily

One of the learning benefits for me over the years since discovering Martin A. Armstrong and his brilliant writings has to been confirmation of knowledge once I had learned and understood it. This morning when I read the article about ADP and does economic numbers matter another confirmation was understood and that forms my Morning Thoughts.

Most if not all traders have heard the saying , The Trend Is Your Friend. What fascinated me today is when I read what Martin said about markets and directions. It might not always happen however it does happen as was pointed out.

"Therefore, you can obtain a good number but the market will respond in the opposite direction and the news will say it was not good enough. The overall trend being bullish or bearish will color the response to the numbers. Forecasting the number does little good from a reality perspective."





https://www.armstrongeconomics.com/a...o-they-matter/

Basic Concepts

Posted Jan 7, 2017 by Martin Armstrong
https://armstrongmedia.s3.amazonaws....ector-Jobs.jpg
QUESTION: Hi Martin, You have mentioned on numerous occasions, that the Socrates has inputs from around the world to come to very accurate conclusions. I assume, it has plenty data from within the USA as well. Can it also predict the NFP? ADP?. (few days BEFORE.)
Don

ANSWER: We have put in such information from the NFP (Non Farm Payrolls) and ADP Private Sector Jobs data and the interesting result demonstrates that human emotion rules — not numbers. Yes, any data series develops patterns including lottery numbers. Forecasting the direction of such numbers is not really that difficult. The stunning realization, as I have said plenty of times regarding fundamental analysis, is that the reaction of the market is driven by the trend. Therefore, you can obtain a good number but the market will respond in the opposite direction and the news will say it was not good enough. The overall trend being bullish or bearish will color the response to the numbers. Forecasting the number does little good from a reality perspective.

Categories: Basic Concepts
Tags: ADP, Non Farm Payroll

Hello carbonado

As I have said before NO QUESTION is a BAD Question since if you do not ask you will not learn. I will deal with each of your questions briefly.

hi beniminis,i do like to ask,
1)do we have the liberty of trading trading any of the 18 asset classes on our platform...or a certain of asset classes for now....sorry the question might be dumb..i have never had so much info,my head wants pop..
where does E/U belong in money flow through risk on and risk off.

Answer: We only trade the currency pairs or asset pairs for the moment that are in our Trade Plan. I will leave it to you to find our 4 Trade Plans as it is discussed many times since page 30 of this thread. EUR/USD forms 57.6% of the US Dollar Index so it is just part of the whole however as you can see a very large part.


3) is US 30 same as dow30,if no please someone point me a link.

Answer: The Dow Jones 30 is made up of the 30 stocks that the exchange has put into the Dow 30 or US 30. It does change from time to time however that does not matter to traders. Since the FXCM UK platform calls it US 30 that is why I use the term. They are one and the same. Furthermore the symbol for Dow 30 or US 30 is not the same. Do a Google and find out what it is and post it here. I ask you to do that since I see that you need to do some research yourself to learn easier.

Quoting BenjaminIs
{quote} Now to some more of the questions from our New FXCM UK $50,000 US Funds Trader - Welcome aboard. There is only one way to determine if there is Risk On or Risk Off at any one moment in time. That is done by asking yourself that question ? How do you find the answer ? That is quite simple. You look at the various Equity markets either having closed such as Asia and now I see on my TV turned to CNBC that all of Europe is in negative territory. The main ones are of course the CAC and Dax and FTSE. Benjaminis
"

sorry,i could be a bit of a block head atimes,so if equities close in negative territory, we have risk on,while if it closes in positive teritory..we have risk off.....just want to confirm.....i think i have it backward,and please what idoes the acronym CAC stand for.

Answer: Risk On or Risk Off is not only determined by some of the exchanges being in negative or positive territory. There are other factors such as news not yet known such as the NFP that came out on Friday January 6, 2017 at 8:30 AM EST. There are three main stock exchanges in Europe. They are known as the FTSE and the CAC and the Dax. Please do a Google to find out more about it as again I know it will help your learning curve doing it yourself. You could post the answer here if you care to.

Thank you for your questions and have a nice day.


Benjaminis

hi benjiminis,
1) I have the 4 asset classes you trade,usd/jpy,us30,silver,gold.
2) US30 (underlying industrial average) is the price weighted index of 30 large cap blue chips multinationals the are trade on the new-york exchange.
dow30 also known as DJIA,DJI measures th performance of blue-chips u.s companies.
3) DAX is a blue stock stock market index consisting of 30 major german companies traded in Frankfurt stock exchange.
FTSE is the share index of 100 companies listed on the london stock exchange.
CAC is the benchmark french stock market index which represents a capitalization weighted measure of the 40 most significant values among the 100 highest market caps of the euronext paris.

https://www.armstrongeconomics.com/t...guide/15380-2/ DAILY – WEEKLY – MONTHLY

The Global Market Watch provides analysis based upon three levels of price activity. All three of these levels might agree at times or they may even be in opposite positions simultaneously reflecting counter-trend moves or even the start of a change in trend long-term. Our computer analyzes each level in a separate and independent manner. The purpose of differentiating all three levels is to provide an indication of the overall market condition. Short-term changes in trend are common. You get a rally in a bear market and the bulls come out and declare the low is in place. Likewise, a market will be on its way to breakout out long-term to enter a Phase Transition while the majority is bearish proclaiming the market will crash any day now. The Global Market Watch is designed to differential these types of differing trends to slice through the confusion while identifying the markets that agree on all levels illustrating the trend is still intact. The primary objective is to ELIMINATE personal opinion as much as possible.

Great !!!

You get graded 80 out of 100 !!! Good Work !!! Keep it up. Thanks for your cooperation !!! We start to get ready for trading Sunday afternoon.


Benjaminis