Dax in the Evening

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We need spread betting in Australia.:LOL:

Out of here over those green and red candles.

Have a good long long weekend.

Ditto - enjoy Surfers and all the Gold Coast glitz!!

Weather usually perfect at this time of year.

All the best.
 
"The more you chat with Tay the smarter she gets, so the experience can be more personalised for you."

This has led to some unfortunate consequences with Tay being "taught" to tweet like a Nazi sympathiser, racist and supporter of genocide, among other things.


Sounds like your average t2w member :LOL:

http://www.bbc.co.uk/news/technology-35890188
 
Looking at the fixture list next 4 games. Shrews are nowhere, Coventry on the slide, Bury hit n misfiring and Oldham...wtf has happened at that club :LOL:

A very possible 12 from 4 on the back of 6 from 2. That would put a very different perspective on the run in !

http://www.bbc.co.uk/sport/football/teams/rochdale/fixtures
http://www.bbc.co.uk/sport/football/league-one/table

:clap::clap::clap::clap::clap::clap::clap:

Relentless !
http://www.bbc.co.uk/sport/football/35838944
 

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"The more you chat with Tay the smarter she gets, so the experience can be more personalised for you."

This has led to some unfortunate consequences with Tay being "taught" to tweet like a Nazi sympathiser, racist and supporter of genocide, among other things.


Sounds like your average t2w member :LOL:
]

:LOL:
 
Doves of a feathers

Two clear camps are forming at the Federal Open Market Committee (FOMC).
There are the hawks – Jamie Bullard, John Williams and Denis Lockhart. All have said over the last two week that rate rises in 2016 remain on track.

Bullard went as far as time lining possible hikes, suggesting April would be a debated event to lay groundwork for a rise in June.

The hawks caused:

DXY to touch the March high
Risk currencies to be shed as the USD repriced hikes – with AUD, CAD and NZD being the most notable losers over the period
The bond and swap markets scrambling to reprice possible risk hikes. June became a 50/50 event, with December seen as a near certainty

Then there are the doves – Lael Brainard, Bill Dudley (both voting members) and finally, the one that really matters, Janet Yellen.

Her speech this morning has painted a very dovish picture for the inflation outlook in 2016 and although she did not directly use this term, she clearly sees the US economy as two-speed.

Employment and net wealth have been positives over the past seven years, yet net exports and manufacturing are shrinking and dragging on growth, which is causing a mixed picture.

The reactions to the Chief Dove

Futures markets are now only pricing in one rate hike in 2016, at best
June expectations have fallen to 25% from over 50%
September was always seen as a non-event due to the Presidential Election in November
December is the only remaining press conference Fed meeting that is a variable possibility and the Fed funds futures is only pricing in a December hike at 50%

DXY lost 0.8% on the back of Yellen’s speech, and USD expectations in 2016 will further unwind the more we see a two-speed economic read. There are growing forecasts that there will be no rate hikes in 2016
US equity markets have seen the comments as positive as the prospect of a tighter monetary policy US diminishes
The US bond market jumped at the comments with the ten-year yield falling nine basis points

Reactions closer to home

AUD has been given clear air to retest the year high of 76.8c as the Fed backs out of hikes


JPY now has to contend with negative rates not having the desired effect, the Bank of Japan assessing other unconventional monetary policy options, and a US central bank unlikely to raise rates. JPY is likely to test 2014 highs
The big unknown is how China will fix RMB and how it will react over the coming months. USD/CNY should fall in theory; however, if the Chinese slow the rate at which the CNY appreciates, Asia (and particularly Australia) would be put in a bind
 

As I try to quickly transition to a Q2 mindset, I feel I need to improve formally documenting and tracking to my goals. So here they are, listed in order of personal significance.
Frankly, if I just accomplish 1a and 1b, I’ll consider it a monumental quarter … the rest are simply guides and motivators.
Personal:
1a. Love more.
1b. Reflect far more of God and far less of self.
2. Talk and tweet less, and only if necessary, kind, and true.
3. Finish reading book in progress (Imagine Heaven) and target two others.
4. Continue New England Emmaus Board leadership efforts including Spring Walk participation.
5. Complete weight loss program, attaining target weight of 178.5 from 203 starting point.
6. Sustain new weight level; Close quarter < 180 lbs on 6-30.
Trading Goals:
7. 100% profitable weeks & months.
8. Incur maximum six draw days in approx. 60 trading days (2 per month; <10%).
9. Optimize targeted capital preservation/growth mix (<5 years to 60!) via earnings no less than $200k w/$400k stretch goal.
10. Attain minimum of four $25k days, two $50k days, and one $100k day.
11. Increase maximize ES trading size to 300 contracts.
12. Reduce transaction costs by 25%.
 
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