Forecast EUR/USD 5 min for 20.04.2012
Michael Steinhardt:
«It's not a phenomenon that you measure irregularly or every year or even every month. You really measure it every day. If you think about it that way, you think about the opportunities that develop every day. Those could be the call from some guy at an institutional desk who has a big block of something, or a sense that there's a change, or something you see in the newspaper, or something that provokes you based on some past experience.
While this doesn't reflect the totality of your portfolio, it reflects some portion of it and something that you might do that might add some increment to your overall performance based on what you saw that day. Therefore, it's not only a matter of what you asked in your question in terms of top down or bottoms up, or anything like that.
It's a matter of using every opportunity you can, of all sorts of types -- from the theoretical and cerebral to the "chasing down new issues," (pardon the expression) that I used to do because my measure of myself was my performance. Period. And if that performance could be enhanced by spending time, getting in a little early and listening to all the block indications, and seeing if I could pick up some hint of something by doing that, that was part of my game».
KEY points in the Market
TIME - EET (GMT+2)
08:00 - 20:00
8:00 20
8:30 20
8:50 20
9:20 20
9:30 20 2T
9:50 20
10:10 20
10:30 20
11:00 20
11:15 20
11:30 20
11:55 20
12:05 20
12:30 20
12:50 20 2T
...