27 September, 2015 by The TZ Newswire Staff Comments Off on Chinese stocks down early, yuan slightly higher
Chinese stocks down early, yuan slightly higher
Shanghai Composite down 0.8%
The yuan opened fractionally higher today but hasn’t done a whole lot this month after all the August drama.
27 September, 2015 by The TZ Newswire Staff Comments Off on Of Greater Fools, Bigger Liars, & A Society In Decline
Of Greater Fools, Bigger Liars, & A Society In Decline
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
“Societies in decline have no use for visionaries”
– Anaïs Nin
27 September, 2015 by The TZ Newswire Staff Comments Off on GaZiNG INTo THe ABYSS…
GaZiNG INTo THe ABYSS…
27 September, 2015 by The TZ Newswire Staff Comments Off on What’s the Super Blood Moon trade?
What’s the Super Blood Moon trade?
Trade ideas thread
There’s some kind of full-moon eclipse thing in the Americans right now that won’t happen again for 18 years.
Does it matter for your trading today? Heck no.
27 September, 2015 by The TZ Newswire Staff Comments Off on Chinese August industrial profits -8.8% y/y vs -2.9% prior
Chinese August industrial profits -8.8% y/y vs -2.9% prior
Industry profit data from China
– Prior was -2.9% y/y
– Profits up 1.9% ytd
This is a low-tier indicator, but with markets on edge about China it could make them jittery. I was prepared to completely brush aside this release but the economic calendar is very light in Asia today. The lone other indicator is at 0500 GMT when Japan releases leading indicators.
27 September, 2015 by The TZ Newswire Staff Comments Off on Fear and Loathing
Fear and Loathing
I have talked about that ugly bearish wedge above for weeks now. As I’ve said, that particular pattern rarely (if ever) resolves higher. It seems to always validate lower. Hence the bearish nature of the pattern. The pattern on the NASDAQ and Russel were identical and they also broke their wedges lower too. Many blame […]
The post Fear and Loathing appeared first on UpsideTrader.
27 September, 2015 by The TZ Newswire Staff Comments Off on The most-important chart in FX markets right now
The most-important chart in FX markets right now
USD/JPY is poised for a big break
USD/JPY finished last week strong with a 75 pip rally in the final six hours of trading. But it’s given back 15 pips of that in early trading in tentative sign that it remains in the range it’s carved out over the past month.