rogdopsink
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Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders
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rogdopsink
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It's a Gas Gas Gas
rogdopsink
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sp500
wallstreet1928
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Welcome to you my Ottoman friend
Hoşgeldin
Teshekkur for your charts & contribution
It is good to have a Turkish perspective
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wallstreet1928
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wallstreet1928
Legendary member
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wallstreet1928
Legendary member
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wallstreet1928
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WATCH OUT FOR THIS CHAPS, THIS COULD CAUSE THE FTSE TO GAP UP ON TUESDAY AND CAUSE WORLD MARKETS TO RALLY
"Japan opposition heads for historic win: exit polls
By Linda Sieg, Chief Political Correspondent, Japan
TOKYO (Reuters) - Japanese voted in a historic election on Sunday that looked set to oust the long-ruling conservative party and give the opposition the job of nurturing a recovery from the country's worst recession since World War Two.
Media surveys suggest the untested Democratic Party of Japan (DPJ) could win by a landslide over the Liberal Democratic Party (LDP) that has ruled for most of the past 50 years, although some analysts say those predictions may be excessive.
A DPJ victory in the lower house election would break a deadlock in parliament, where the opposition and its allies won control of the less powerful upper chamber in 2007 and can delay bills. Financial markets would generally welcome an end to the political stalemate.
"I don't like what's going on now in this country. Things have to change," said Kazuya Tsuda, a 78-year-old retired doctor in Tokyo who voted for the Democratic Party.
Japanese media will announce the results of exit polls after voting ends at 8 p.m. (7 a.m. EDT). Later in the evening they will issue further projections based on partial vote counts.
Turnout was 41.83 percent as of 4 p.m. (3 a.m. EDT), the Internal Affairs Ministry said, down slightly from the 2005 election when voters turned out in droves to hand the LDP, then led by charismatic premier Junichiro Koizumi, a huge win.
Democratic Party leader Yukio Hatoyama, 62, the wealthy grandson of a former prime minister, told voters on Saturday the election would change Japanese history.
"This is an election to choose whether voters can muster the courage to do away with the old politics," he said.
"THEY HAVE THE WILL"
The Democrats have pledged to refocus spending on households with child allowances and aid for farmers while taking control of policy from bureaucrats, often blamed for Japan's failure to tackle problems such as a creaking pension system.
The party wants to forge a diplomatic stance more independent of the United States and build better ties with Asia, often strained by bitter wartime memories.
"I don't think the LDP can change anything," said Ryoji Kawakita, a 63-year-old white-collar worker who voted for the Democratic Party. "I think, even though it will be difficult, the DPJ might be able to achieve change because they have the will."
Analysts worry spending plans by the Democrats, a mix of former LDP members, ex-Socialists and younger conservatives founded in 1998, will inflate Japan's massive public debt and push up government bond yields.
The party has vowed not to raise the 5 percent sales tax for four years while it focuses on cutting wasteful spending and tackling problems such as a shrinking and graying population.
Japan is aging more quickly than any other rich country, inflating social security costs. More than a quarter of Japanese will be 65 or older by 2015. Continued...
"It seems like the Democrats are just saying what the people want to hear, but I'm not sure they can follow through on these promises," said Taku Yamada, a 30-year-old health-care industry worker who voted for the LDP.
"EVERYTHING HAS TO START FROM SCRATCH"
The economy returned to growth in the second quarter, mostly because of short-term stimulus around the world, but the jobless rate rose to a record 5.7 percent in July.
"The Democrats have good policy proposals. But I'm not sure all of them are really achievable. If we have a handover of power, everything has to start from scratch and it would be ordinary people who end up suffering," said Tomiko Machida, a 75-year-old pensioner who voted for the LDP.
"The new government needs to do something about unemployment. I see many young people idling around doing nothing."
Incumbent Prime Minister Taro Aso has said the Democrats would be unable to manage the economy and the business-friendly LDP had better plans for growth. The LDP favors steps to promote corporate activity rather than helping consumers directly.
If victorious, Hatoyama is expected to quickly cement a coalition with two tiny allies whose cooperation is needed to maintain control of the upper house.
A new leader is expected to attend a series of international meetings including the U.N. General Assembly and a G20 summit in Pittsburgh in September.
A key challenge for the next government will be managing ties with China, forecast to overtake Japan as the world's second-biggest economy next year.
(Additional reporting by Olivier Fabre, Rie Ishiguro, Yumi Otagaki, Osamu Tsukimori, Kiyoshi Takenaka, Chikafumi Hodo, James Topham and Chris Gallagher; Editing by Dean Yates)"
"Japan opposition heads for historic win: exit polls
By Linda Sieg, Chief Political Correspondent, Japan
TOKYO (Reuters) - Japanese voted in a historic election on Sunday that looked set to oust the long-ruling conservative party and give the opposition the job of nurturing a recovery from the country's worst recession since World War Two.
Media surveys suggest the untested Democratic Party of Japan (DPJ) could win by a landslide over the Liberal Democratic Party (LDP) that has ruled for most of the past 50 years, although some analysts say those predictions may be excessive.
A DPJ victory in the lower house election would break a deadlock in parliament, where the opposition and its allies won control of the less powerful upper chamber in 2007 and can delay bills. Financial markets would generally welcome an end to the political stalemate.
"I don't like what's going on now in this country. Things have to change," said Kazuya Tsuda, a 78-year-old retired doctor in Tokyo who voted for the Democratic Party.
Japanese media will announce the results of exit polls after voting ends at 8 p.m. (7 a.m. EDT). Later in the evening they will issue further projections based on partial vote counts.
Turnout was 41.83 percent as of 4 p.m. (3 a.m. EDT), the Internal Affairs Ministry said, down slightly from the 2005 election when voters turned out in droves to hand the LDP, then led by charismatic premier Junichiro Koizumi, a huge win.
Democratic Party leader Yukio Hatoyama, 62, the wealthy grandson of a former prime minister, told voters on Saturday the election would change Japanese history.
"This is an election to choose whether voters can muster the courage to do away with the old politics," he said.
"THEY HAVE THE WILL"
The Democrats have pledged to refocus spending on households with child allowances and aid for farmers while taking control of policy from bureaucrats, often blamed for Japan's failure to tackle problems such as a creaking pension system.
The party wants to forge a diplomatic stance more independent of the United States and build better ties with Asia, often strained by bitter wartime memories.
"I don't think the LDP can change anything," said Ryoji Kawakita, a 63-year-old white-collar worker who voted for the Democratic Party. "I think, even though it will be difficult, the DPJ might be able to achieve change because they have the will."
Analysts worry spending plans by the Democrats, a mix of former LDP members, ex-Socialists and younger conservatives founded in 1998, will inflate Japan's massive public debt and push up government bond yields.
The party has vowed not to raise the 5 percent sales tax for four years while it focuses on cutting wasteful spending and tackling problems such as a shrinking and graying population.
Japan is aging more quickly than any other rich country, inflating social security costs. More than a quarter of Japanese will be 65 or older by 2015. Continued...
"It seems like the Democrats are just saying what the people want to hear, but I'm not sure they can follow through on these promises," said Taku Yamada, a 30-year-old health-care industry worker who voted for the LDP.
"EVERYTHING HAS TO START FROM SCRATCH"
The economy returned to growth in the second quarter, mostly because of short-term stimulus around the world, but the jobless rate rose to a record 5.7 percent in July.
"The Democrats have good policy proposals. But I'm not sure all of them are really achievable. If we have a handover of power, everything has to start from scratch and it would be ordinary people who end up suffering," said Tomiko Machida, a 75-year-old pensioner who voted for the LDP.
"The new government needs to do something about unemployment. I see many young people idling around doing nothing."
Incumbent Prime Minister Taro Aso has said the Democrats would be unable to manage the economy and the business-friendly LDP had better plans for growth. The LDP favors steps to promote corporate activity rather than helping consumers directly.
If victorious, Hatoyama is expected to quickly cement a coalition with two tiny allies whose cooperation is needed to maintain control of the upper house.
A new leader is expected to attend a series of international meetings including the U.N. General Assembly and a G20 summit in Pittsburgh in September.
A key challenge for the next government will be managing ties with China, forecast to overtake Japan as the world's second-biggest economy next year.
(Additional reporting by Olivier Fabre, Rie Ishiguro, Yumi Otagaki, Osamu Tsukimori, Kiyoshi Takenaka, Chikafumi Hodo, James Topham and Chris Gallagher; Editing by Dean Yates)"
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wallstreet1928
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THIS COULD IGNITE OIL AND CAUSE A BUMP IN COMMODITY RELATED STOCKS
Jimena becomes hurricane, threatens Mexico
NEW YORK (MarketWatch) -- Jimena was elevated to hurricane status Saturday as the Pacific storm threatened Mexico's west coast.
The National Hurricane Center said Jimena appeared to be gaining strength and could become a major hurricane by Sunday.
Jimena was reported moving west-northwest at 9 mph with sustained winds of 80 mph, hurricane-force winds extending outward 25 miles and tropical-force winds 60 miles beyond that. The eye of the storm was reported 285 miles southwest of Acapulco and 335 miles south-southeast of Manzanillo.
Projections show Jimena coming ashore along the west coast of Baja California by early Wednesday.
Meanwhile in the Atlantic Ocean, Danny has been downgraded to a depression as it drenches the North Carolina coast with heavy rain.
The August hurricane season in the Atlantic still is expected to be below normal. There have been only four named storms and none has caused significant damage. The Atlantic hurricane season runs from June 1 through October.
Citing the calming effect of the El Nino weather phenomenon, the National Oceanic and Atmospheric Administration now predicts a 70% chance of 7 to 11 named storms, of which six could become hurricanes and one or two could become major hurricanes.
El Nino, a warming of waters along the equatorial central and eastern Pacific, produces upper-atmosphere winds that tend to reduce the formation of storms in the tropical Atlantic.
Jimena becomes hurricane, threatens Mexico
NEW YORK (MarketWatch) -- Jimena was elevated to hurricane status Saturday as the Pacific storm threatened Mexico's west coast.
The National Hurricane Center said Jimena appeared to be gaining strength and could become a major hurricane by Sunday.
Jimena was reported moving west-northwest at 9 mph with sustained winds of 80 mph, hurricane-force winds extending outward 25 miles and tropical-force winds 60 miles beyond that. The eye of the storm was reported 285 miles southwest of Acapulco and 335 miles south-southeast of Manzanillo.
Projections show Jimena coming ashore along the west coast of Baja California by early Wednesday.
Meanwhile in the Atlantic Ocean, Danny has been downgraded to a depression as it drenches the North Carolina coast with heavy rain.
The August hurricane season in the Atlantic still is expected to be below normal. There have been only four named storms and none has caused significant damage. The Atlantic hurricane season runs from June 1 through October.
Citing the calming effect of the El Nino weather phenomenon, the National Oceanic and Atmospheric Administration now predicts a 70% chance of 7 to 11 named storms, of which six could become hurricanes and one or two could become major hurricanes.
El Nino, a warming of waters along the equatorial central and eastern Pacific, produces upper-atmosphere winds that tend to reduce the formation of storms in the tropical Atlantic.
rogdopsink
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:clap::clap::clap::clap:
you know turkish very well..thank you so much...
do you know anyone who knows elliot and dynamic trade in this forum..:?::?:
wallstreet1928
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Japan Democrats win landslide in historic election
"Financial markets wanted an end to a stalemate in parliament, where the Democrats and their allies control the less powerful upper chamber and can delay bills. However, bond yields may rise if a new government increases spending."
Analysts say investors have factored in a big win for Japan's opposition Democratic Party in the election and the focus is now shifting to post-election events, including who will be the next finance and economy ministers. [IDOLJP]
"Investors are basically squaring their positions ahead of the weekend and the election, unwilling to sell in case foreign investment pours into the market after the election and unwilling to buy because of Shanghai," said Kenichi Hirano, operating officer at Tachibana Securities.
"Though the market may well respond positively to a clear win by the Democrats, mostly it's been factored in. Attention will quickly turn to their policies and then to the wave of economic indicators coming out next week, both in Japan and the U.S."
lets wait for the reaction
potential scenario
"Financial markets wanted an end to a stalemate in parliament, where the Democrats and their allies control the less powerful upper chamber and can delay bills. However, bond yields may rise if a new government increases spending."
Analysts say investors have factored in a big win for Japan's opposition Democratic Party in the election and the focus is now shifting to post-election events, including who will be the next finance and economy ministers. [ID
OLJP]"Investors are basically squaring their positions ahead of the weekend and the election, unwilling to sell in case foreign investment pours into the market after the election and unwilling to buy because of Shanghai," said Kenichi Hirano, operating officer at Tachibana Securities.
"Though the market may well respond positively to a clear win by the Democrats, mostly it's been factored in. Attention will quickly turn to their policies and then to the wave of economic indicators coming out next week, both in Japan and the U.S."
lets wait for the reaction
potential scenario
Attachments
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:clap::clap::clap::clap:
you know turkish very well..thank you so much...
do you know anyone who knows elliot and dynamic trade in this forum..:?::?:
I do (a bit).
wallstreet1928
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a must watch video folks
buy programmes galore
Liquidity Vs Volume
YouTube - Trader on Bloomberg says markets are manipulated and volumes 'ficticious'.
http://www.themistrading.com/articl...ned_About_High_Frequency_Traders_--_Final.pdf
buy programmes galore
Liquidity Vs Volume
YouTube - Trader on Bloomberg says markets are manipulated and volumes 'ficticious'.
http://www.themistrading.com/articl...ned_About_High_Frequency_Traders_--_Final.pdf
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wallstreet1928
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courtesy of ITMS
Weekend technical guidance
YouTube - Weekend Technical Analysis & Setups - More Banks Fail....But Markets Calm As We Are Told All Is A-OK
Weekend technical guidance
YouTube - Weekend Technical Analysis & Setups - More Banks Fail....But Markets Calm As We Are Told All Is A-OK
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wallstreet1928
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FTSE 100 analysis
scratching my head?
what is your view fellow trader colleagues?
are you bullish of bearish on FTSE at this juncture?
please put forward your analysis and arguments?
FTSE strategy for Tuesday
Key levels
4925 & 4855
> 4925 ...........I will open long ...stop loss 4910 ...target 5000 - 5050
< 4855 ......... I will open short .....stop loss 4870 .....target 4740
It should be an interesting week chaps
A big move is coming but which way?
scratching my head?
what is your view fellow trader colleagues?
are you bullish of bearish on FTSE at this juncture?
please put forward your analysis and arguments?
FTSE strategy for Tuesday
Key levels
4925 & 4855
> 4925 ...........I will open long ...stop loss 4910 ...target 5000 - 5050
< 4855 ......... I will open short .....stop loss 4870 .....target 4740
It should be an interesting week chaps
A big move is coming but which way?
Attachments
Last edited:
wallstreet1928
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where has all the volume gone ?
http://www.themistrading.com/article_files/0000/0446/Where_Has_All_the_Volume_Gone_5_06_09.pdf
http://www.themistrading.com/article_files/0000/0446/Where_Has_All_the_Volume_Gone_5_06_09.pdf
wallstreet1928
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**** a doodle dooo...........
Its Ramadan so I have to be up at Dawn to eat so that I can fast till Dusk
Big downdraft in Asia overnight folks
could this cause a sell of in Europe
The Nikkei played out as expected in my previous forecast, it hit that trendline to the penny and failed
Hang seng bringing everything down with it
Napoleon was right about China.............don't wake up the sleeping giant, when she awakes the whole world shall tremble
and I think we are going to feel the tremors on the first day of trading this week
US futures down
oil down $1
Euro and sterling finally coming under pressure
Its Ramadan so I have to be up at Dawn to eat so that I can fast till Dusk
Big downdraft in Asia overnight folks
could this cause a sell of in Europe
The Nikkei played out as expected in my previous forecast, it hit that trendline to the penny and failed
Hang seng bringing everything down with it
Napoleon was right about China.............don't wake up the sleeping giant, when she awakes the whole world shall tremble
and I think we are going to feel the tremors on the first day of trading this week
US futures down
oil down $1
Euro and sterling finally coming under pressure
Attachments
SabreTT
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Seems possible to me. The Japan change in government is massive news in theory, its a 50 year swell. In practise I guess nothing will appear to happen.
I think its like a disaster movie with an earthquake and afterwards everything appears to be fine still but wait theres a crack in the dam.
For the next 60 mins we see things develop until bingo, surfs up
This global index is showing up 0.03% (wow) but I dont know how thats working out when every market I can see is down to some extent. Japan is relatively positive at only a .35% drop
BBC NEWS | Business | Market Data | Stock Markets | BBC Global 30
If China closes down below this level it will continue this trend ? Ive read a few places about dollar appreciating and deflation risk, are these two points the reason why it'll happen.
Bit of a gap below 4900
Dentalfloss
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overnight markets
australia untouched
Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,480.40 7:09am -15.50 (-0.34%) Chart, Components, more...
^BSESN BSE 30 (India) 15,818.73 7:20am -103.61 (-0.65%) Chart, more...
^HSI Hang Seng (Hong Kong) 19,734.71 7:15am -363.91 (-1.81%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,348.19 7:30am -29.06 (-1.22%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,176.90 27 Aug 4.34 (+0.37%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,098.00 6:31am -11.34 (-0.36%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 10,492.53 7:00am -41.61 (-0.40%) Chart, more...
^NSEI S&P CNX NIFTY (India) 4,684.85 7:30am -47.50 (-1.00%) Chart, more...
^KS11 Seoul Composite (South Korea) 1,591.85 7:02am -16.09 (-1.00%) Chart, Components, more...
000001.SS Shanghai Composite (China) 2,697.25 7:15am -163.44 (-5.71%) Chart, Components, more...
^STI Strait Times (Singapore) 2,611.47 7:15am -31.33 (-1.19%) Chart, Components, more
australia untouched
Asia/Pacific Last Trade Change Related Information
^AORD All Ordinaries (Australia) 4,480.40 7:09am -15.50 (-0.34%) Chart, Components, more...
^BSESN BSE 30 (India) 15,818.73 7:20am -103.61 (-0.65%) Chart, more...
^HSI Hang Seng (Hong Kong) 19,734.71 7:15am -363.91 (-1.81%) Chart, Components, more...
^JKSE Jakarta Composite (Indonesia) 2,348.19 7:30am -29.06 (-1.22%) Chart, Components, more...
^KLSE KLSE Composite (Malaysia) 1,176.90 27 Aug 4.34 (+0.37%) Chart, Components, more...
^NZ50 NZSE 50 (New Zealand) 3,098.00 6:31am -11.34 (-0.36%) Chart, Components, more...
^N225 Nikkei 225 (Japan) 10,492.53 7:00am -41.61 (-0.40%) Chart, more...
^NSEI S&P CNX NIFTY (India) 4,684.85 7:30am -47.50 (-1.00%) Chart, more...
^KS11 Seoul Composite (South Korea) 1,591.85 7:02am -16.09 (-1.00%) Chart, Components, more...
000001.SS Shanghai Composite (China) 2,697.25 7:15am -163.44 (-5.71%) Chart, Components, more...
^STI Strait Times (Singapore) 2,611.47 7:15am -31.33 (-1.19%) Chart, Components, more
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