|
This week our ratings at Collective2 rose from 716 to 721. What does this mean? See Collective2 explanation. We are happy to have received a status of Excellency! Annualised performance for Artex this week rose from 435.2% to 578.8% Annualised performance for Jaypex this week rose from 651.3 to 792.1% Annualised performance for Montex this week rose from 142.0 to 257.5%
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Forexast (Forex Forecast) Artex: EURJPY will most likely turn north. We will be watching closely. Jaypex: GBPJPY will still be pointing south. Slight chances to stay in a range. Montex: EURCHF is turning north. We trade long positions only.
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
At this point in time financial crisis may develop according to two different scenarios. In the first scenario the government watches developement on the sidelines and prices of leveraged financial wealth continue falling for another agregate 50%. Losses are taken by the very people that purchased contaminated paper. High unemployment, deep crisis, total purgation. Fresh start without burdens. In the second scenario the government starts buying contaminated paper and assets. Prices stop falling. Losses are socialized and we all pay for this losses through a loss of purchasing power. We may be able to avoid deep and prolonged deflationary crisis but we keep “skeletons in a closet”. We think, that USA clearly took the second route. The nickname of Ben Barnanke developed from “Helicopter Ben” to “Ben B-52″ as the FED is throwing enormous quantities of new dollars to everyone in need every day. Nice capitalism, when profits are private and losses are public! As 70% of the World’s foreign currency reserves are held in USD, two thirds of the world will help in this “debt-socialization”. It looks that UK is following while EU much less. Therefore our fundamental views favor EUR against USD and GBP and CHF. We also think, that EUR will be rising against dollar faster than dollar will be falling against JPY, therfore EURJPY may start rising even when USDJPY will continue falling. We are 99% certain that USD will be falling against JPY until American government pays off a big portion of its foreign debt. Of course, we will only trade our views when confirmed by technical analysis. In unforgetable words of J.M. Keynes: “Markets can behave irrational far longer than you can stay solvent.”
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Happy trading to all!
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Markssin trades forex since 1997. Our trading systems are verified. ><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Davorin Sadar, trader. Meet me in Facebook, LinkedIn, and/or Twitter. This is an invitation!
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Have you ever invested through advertising? Click here to see how! |
December 2008
13 December, 2008
6 December, 2008
This Sunday our ratings at Collective2 hit 716 . What does this mean? See Collective2 explanation:
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
“ How is the Collective2 Rating calculated?
Collective2 Ratings are recalculated monthly based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader’s results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
What does the Collective2 Rating mean?
In general, a rating above 500 is good. A rating above 700 is excellent.”
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
We are happy to have received a status of Excellency!
Annualised performance for Artex stands @ 435.2%
Annualised performance for Jaypex stands @ 651.3%
Annualised performance for Montex stands @ 142.0%
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Forexast (Forex Forecast)
Artex: EURJPY will still be pointing south. We keep opening short positions only.
Jaypex: GBPJPY will still be pointing south. We keep opening short positions only.
Montex: EURCHF is caught in a range. We trade both ways with smaller quantities.
We are in the middle of a financial crisis that spilled over into real sector. It is bad and it is going to be worse. As long as there will be leverage in the system there will be no trust among financial institutions and companies. Exchange rates are not moving according to five factors (geopolitics, M&A, foreign trade account, carry trade, and interest rates) as normally. Instead they swing violently according to Stock Market moves. When stocks are raising GBP, EUR and CHF outperform USD and JPY. When stocks are falling, USD and especially JPY outperform GBP, EUR and CHF. We do not see a light at the end of a tunnel yet. If you see a light this is a headlight from a heavy fright train that is still due to hit. The crisis in real economy just began. We’ll say some more about that next week.
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Happy trading to all!
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
We keep most of our posts at our blog
Markssin trades forex since 1997. Our trading systems are verified.
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Davorin Sadar, trader. Meet me in Facebook, LinkedIn, and/or Twitter. This is an invitation!
><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>><((((º>
Have you ever invested through advertising? Click here to see how!
