tag:blogger.com,1999:blog-67499947487192349312024-03-13T03:08:06.236-07:00Funky Pumpkin Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.comBlogger67125tag:blogger.com,1999:blog-6749994748719234931.post-17536270862201995432013-04-17T23:15:00.003-07:002013-04-17T23:15:37.312-07:00Why Gold Won't Protect You From Inflation: What History Tells Us<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-size: x-large;">G</span>old is a major investment for a lot of individual and institutional investors, and that everyone should be paying attention to gold right now because its price volatility can teach us all something about how fast markets can fall apart.<br />
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The combined market value of all stocks and bonds around the world is about $90 trillion whereas the mined value of all gold has a value of roughly $8 trillion. Of the $8 trillion however, only about $2 trillion is owned by investors (both institutional and retail). Given this, and given that the supply of gold (rate at which it is mined) is mostly unresponsive to the spot price (see my blog here for more details), it's hard to say that the price of gold is being decimated by an excess supply (vs. historical levels of supply).<br /><br /> Investor perceptions about the value of gold differ sharply though. For example, Warren Buffett famously believes that the recent run up in gold prices is comparable to the Dutch Tulip Bubble, the Dotcom Bubble, and the Housing Bubble. As he explained in a recent letter to Berkshire Hathaway (BRK.B) shareholders:<br /><br /> What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As "bandwagon" investors join any party, they create their own truth - for a while." Berkshire Hathaway 2011 Shareholder Letter, p. 18.<br /><br /> <br />On the other side (at least as of 2011 and a Barron's interview at the time), you have Ray Dalio the founder of the world's largest hedge fund.<br /><br /> Gold is a very under-owned asset, even though gold has become much more popular. If you ask any central bank, any sovereign wealth fund, any individual what percentage of their portfolio is in gold in relationship to financial assets, you'll find it to be a very small percentage. It's an imprudently small percentage, particularly at a time when we're losing a currency regime. - Interview with Barron's, 2011<br /><br /> <br /><br /> Gold has been seen as a viable alternative to stocks for more than a decade now, in part because for at least 20 years, gold has basically kept up with the stock market in terms of price appreciation. The fact that a gold bar is a non-productive asset, and that firms are supposed to grow in size and profitability, lead the comparability of returns between the two groups to be as much an indictment of stocks as an endorsement of gold. For example, from December 1999 to mid-2012, gold returned an average of 15.4% annually vs. 1.5% for stocks and 6.4% for US bonds.<br /><br /> Given the stellar performance by gold over the last two decades up until a couple of months ago, it is worth asking if these last two decades have been an aberration for gold, or if they are the norm. That is - will gold's price come back? Now of course, history is no guarantee of the future, but it is the most reliable guide we have.<br /><br /> Gold is often cited as a hedge against inflation, but in truth, its price seems to reflect much more than just that. For example, the following chart shows the ratio of the price of gold to the Consumer Price Index [CPI] for the US over time. If gold's price were truly just a function of inflation, then this ratio should be roughly constant on average overtime. As the graph below shows, it's not.<br />
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<a href="http://2.bp.blogspot.com/-uHV48_IHuHw/UW-OcseGIdI/AAAAAAAAASw/k_HFupInXFg/s1600/Gold_price_US_CPI_Index_1970_2013_chart_pictures.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="215" src="http://2.bp.blogspot.com/-uHV48_IHuHw/UW-OcseGIdI/AAAAAAAAASw/k_HFupInXFg/s400/Gold_price_US_CPI_Index_1970_2013_chart_pictures.jpg" width="400" /></a></div>
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This hypothesis of gold's price being essentially a demand driven story is backed up by the final graph below which shows that gold output has not changed much since early 2000, even while the price of gold has skyrocketed.</div>
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<a href="http://1.bp.blogspot.com/-cVmSQMn7ReI/UW-Or5-YL1I/AAAAAAAAAS4/SlaSPesxK4s/s1600/Total_number_of_ton_gold_World_production_in_tons_1900_2013_chart_pictures.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="215" src="http://1.bp.blogspot.com/-cVmSQMn7ReI/UW-Or5-YL1I/AAAAAAAAAS4/SlaSPesxK4s/s400/Total_number_of_ton_gold_World_production_in_tons_1900_2013_chart_pictures.jpg" width="400" /></a></div>
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Overall the conclusion from this evidence is that gold's price does not appear to be a reflection of inflation. Thus, while it is likely that eventually inflation will increase in the future, this may not actually help the price of gold much. This makes lowering, or at least restraining growth in, mining costs for companies like Barrick (ABX), Yamana (AUY), Newmont (NEM), and Goldcorp (GC) all the more important to the future of these companies. This does not necessarily mean that gold is a bad investment, or that these companies are a bad investment, however, as I will explain in my next article.</div>
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Finally, it's not at all clear that gold's price volatility is a product of inflation, fiat currency, or any recent phenomenon. Instead, as the graphs show, gold's price has simply started to rise very quickly in the last 80 years as Americans have become richer and had more money to invest. Essentially, it appears that the price of gold could be a demand-driven story.<br /><br /> Similarly, if we look simply at the real return on gold, the nominal return on gold, and the CPI, we see the same thing - gold's price is NOT driven by inflation or even actual future inflation or recent past inflation</div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com1tag:blogger.com,1999:blog-6749994748719234931.post-46022544373464556212013-04-01T22:22:00.000-07:002013-04-01T22:22:00.175-07:00Australian Dollar Higher as RBA Hold Rates, Less Dovish<div dir="ltr" style="text-align: left;" trbidi="on">
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<span class="gsstx"><span style="font-size: x-large;">T</span>he Australian Dollar rallied close to 0.5 per cent against the U.S. Dollar as the #RBA decided to hold rates as expected and released a somewhat more optimistic statement.</span></div>
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<span class="gsstx">The #RBA, in their April meeting decided it was prudent to leave the official cash rate unchanged at 3.0 per cent. In their statement, the Bank noted that downside risks in terms of global growth appeared to be reduced with the United States experiencing moderate expansion. Growth in China - Australia’s largest two way trading partner - was also seen to have stabilized at a reasonable pace with domestic growth close to trend over 2012.</span></div>
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<span class="gsstx">After relatively soft retail data being printed in January and February of 2013, the #RBA reported that moderate growth in private consumption spending is occurring with dwelling investments slowly picking up. In their March statement, the Reserve Bank stated that easing carried out through 2011 was still yet to take effect, however indicators as of April were suggesting that the easing steps are having an expansionary effect on the Australian economy.</span></div>
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<span class="gsstx">The rate cut hold was largely expected by markets, however the less dovish statement saw investors regain confidence in the commodity based currency causing it to rally against most of its major counterparts.</span></div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-66192925259186820522013-03-26T21:46:00.004-07:002013-03-26T21:48:19.913-07:00Housing price update<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #fff3db; color: #29303b; display: inline !important; float: none; font-family: Verdana, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;"><span style="font-size: x-large;">Y</span>esterday's release of the January Case Shiller Home Price Index confirms what we have known for most of the past year: home prices have been rising, following the bursting of the housing "bubble." The housing market is emerging from its worst calamity ever.</span>
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<a href="http://1.bp.blogspot.com/-IDF5cNzT8fY/UVJ5HjZ2vpI/AAAAAAAAASA/bc_SbZqEuUw/s1600/CaseShiller+price+index.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="http://1.bp.blogspot.com/-IDF5cNzT8fY/UVJ5HjZ2vpI/AAAAAAAAASA/bc_SbZqEuUw/s400/CaseShiller+price+index.jpg" width="400" /></a></div>
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<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #fff3db; color: #29303b; display: inline !important; float: none; font-family: Verdana, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">This chart compares the Case Shiller home price index to the one compiled by the folks at Radar Logic. Case Shiller is seasonally adjusted, but the Radar Logic series is not. Nevertheless, the two have been tracking each other nicely. Case Shiller reports that home prices have increased 8% over the past year, while the Radar Logic series shows a 12% increase. Split the difference: it's a safe bet that home prices have risen about 10% on average in the past year.</span>
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<a href="http://4.bp.blogspot.com/-twmdcGdRwZs/UVJ5UJAV-vI/AAAAAAAAASI/Lf1bQQ6exSw/s1600/Real+Home+Price+Index.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="236" src="http://4.bp.blogspot.com/-twmdcGdRwZs/UVJ5UJAV-vI/AAAAAAAAASI/Lf1bQQ6exSw/s400/Real+Home+Price+Index.jpg" width="400" /></a></div>
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<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #fff3db; color: #29303b; display: inline !important; float: none; font-family: Verdana, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">The housing "bubble" was caused by excessive demand, fueled by artificially cheap credit, which caused prices to rise to unsustainable levels and housing construction to create a significant excess inventory of homes. It took six years of sharply reduced new home construction and an approximately 40% decline in real home prices to "fix" this mess. Supply and demand for housing have come back into balance, though we are seeing signs that housing may now be in relative short supply, which is why prices are once again rising.</span></div>
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<a href="http://4.bp.blogspot.com/-qywaBw4Xmmg/UVJ5gfuMmOI/AAAAAAAAASQ/HXmr-lpYupo/s1600/House+price+vs+rent.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="http://4.bp.blogspot.com/-qywaBw4Xmmg/UVJ5gfuMmOI/AAAAAAAAASQ/HXmr-lpYupo/s400/House+price+vs+rent.jpg" width="400" /></a></div>
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<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #fff3db; color: #29303b; display: inline !important; float: none; font-family: Verdana, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">As home prices have fallen, rents have increased, with the result that prices and rents are now back to a more reasonable relationship. It's taken six years, but market forces have brought things back into balance.</span>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-31012566931209414512013-03-19T06:30:00.003-07:002013-03-19T06:30:31.982-07:00Is GBP A Currency Crisis Waiting To Happen?<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-size: x-large;">T</span>he idea that the UK is facing the possibility of a full-blown currency crisis has gathered increasing momentum since the start of the year, as #GBP has continued to battle with the #JPY for the dubious distinction of being the world's worst performing major currency (for the record, the #JPY has once again pulled ahead in this race to the bottom). Speaking in Amsterdam last week, the Dutch finance minister, and president of the Euro Group, Jeroen Dijsselbloem warned "England is vulnerable…a new sterling crisis could happen again."<br /><br /> Before we get into whether such speculation is justified, or merely hyperbolic European schadenfreude, it is useful to first define exactly what a currency crisis is. Traditionally, a currency crisis is associated with fixed exchange rate regimes (such as the last UK currency crisis in 1992, when #GBP was a member of the ERM), and occurs when speculators determine that the peg is unsustainable (normally because it overvalues the currency).<br /><br /> However, a currency peg is not a prerequisite for a currency crisis, which may be defined as a "dramatic change in the country's nominal exchange rate" (Temin, 2013). As #GBP (FXB) has no formal peg, a currency crisis could perhaps be linked instead to its 'fair value', as measured by purchasing power parity. Currently, using the OECD methodology for calculating purchasing power parity, GBP/USD (GBB) should currently be trading at about $1.47 on a 'fair value' basis (interestingly, despite the recent poor performance of #GBP, it still trades at a premium to the #USD; against the #EUR it looks about 10% undervalued).<br /><br /> As such, if we use the #USD as our benchmark, it would perhaps make sense to view any #GBP depreciation of 25% or so below 'fair value' as a #GBP 'crisis'; this would imply a GBPUSD spot rate of about $1.10. Such a level may seem implausible, but we have been there before, during the currency crisis of the mid '80s, GBP/USD hit a low of $1.03 (it had been trading as high as $2.40 less than 5 years previously).<br /><br /> So what could trigger a #GBP crisis that could see such a significant currency devaluation? Traditionally, there are two (related) factors that can trigger a currency crisis: 1) an unstable external debt position; or 2) a declining level of national competitiveness (often resulting in a large and / or persistent current account deficit). I would also be inclined to add a third factor, in light of the current economic environment: the excessive use of unconventional monetary policy (i.e. quantitative easing) to stimulate the domestic economy. The bad news for the UK is that all three risk factors represent red flags for #GBP.<br /><br /> As we have pointed out numerous times, the UK has a serious debt problem. In fact, when it comes to external debt (i.e. the amount of debt provided by foreigners), the UK is in a league of its own, even when compared to other currency crisis candidates, such as the JPY. This puts #GBP at risk, as a capital flight out of #GBP could be triggered if foreign investors lose confidence in the UK.<br />
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However, when looked at on a net basis (i.e. when foreign assets, as well as liabilities, are considered) things begin to a look a little better. The UK's net liability position is 'only' 15% of #GDP, which is very much in line with the European average - although much worse than the UK's 'high point', reached in 1986, when the UK actually had a net foreign asset position of 22% of #GDP (amazing what a persistent current account deficit will do to your solvency!).<br /><br /> However, even when looking at the net position, there are some ominous warning signs for GBP. Notably, whilst almost all of the UK's foreign assets are denominated in foreign currencies, about 2/3rds of the liabilities are in #GBP. Whilst this is good news from a solvency point of view ( a country it is much less likely to default on liabilities denominated in the domestic currency as it can just print more), it provides a strong incentive for the UK to devalue the pound. In fact, the #GBP devaluation in 2008 resulted in an improvement in the UK's international investment position of approximately 34% of GDP!<br /><br /> It is also worth noting that while the UK holds a strong position in direct investments (net assets of +27% of GDP), it has a relatively weak position in portfolio investments (net liabilities of -38% of GDP). This is important when assessing the likelihood of a currency crisis, as portfolio investments are much more mobile (i.e. 'hot money') and susceptible to capital flight.<br /><br /> The second risk factor when assessing the probability of a currency crisis for the UK relates to productivity. A lack of domestic productivity can be a catalyst for a currency crisis for two reasons:<br /><br /> 1) It leads to a current account deficit, placing direct pressure on the currency; and<br /><br /> 2) It provides an incentive to devalue the currency to improve productivity.<br /><br /> Again, the signs are worrying for the UK on both counts. The UK has run a current account deficit (i.e. it imports more than its exports) since the early 1980's (which is one reason why its robust net asset position in 1986 has now become a net liability position, as highlighted above). Not only is this current account deficit position persistent, but it is deteriorating (it is now back to the highest level it has seen since the last current crisis in the early 1990s; about 3% of GDP).<br /><br /> In addition, UK productivity continues to lag that of other industrialized countries. As of 2011, UK productivity was 21% lower than the average of the rest of the G7, on an output per worker basis! The reason for this under-performance is not entirely clear (indeed, the 'productivity puzzle' has been one of the most widely debated economic issues in the UK since the financial crisis). However, this productivity gap does represent a clear and present danger to #GBP, as the government and the Bank of England will be continually tempted to devalue the currency as means to reduce this gap. As the Sunday Times' Economics editor David Smith wrote last week: "I am no longer sure monetary policy is safe in (the Bank of England's) hands…short of erecting a sign on the front of the Bank saying "Sell Sterling" it could barely do more to signal its desire for a lower pound."<br /><br /> The third factor which threatens the integrity of the pound is current UK monetary policy, and the stated intention to, in the words of Chancellor Osborne, combine "fiscal conservatism and monetary activism" to resolve the country's economic woes. Regardless of whether or not this strategy is the right one for the country, what is clear is that this can be a lethal combination for the currency. Current government policy is, in effect, shorthand for debt monetization and currency debasement. Rather than borrow money to stimulate the economy, the government will simply print it instead. As a result, the extent of money-printing by the Bank of England currently dwarfs even that of Bernanke's Fed (QE represents 26% of #GDP in the UK, versus a comparatively conservative 14% of #GDP in the US).<br /><br /> As such, we cannot disagree with Mr Jijsselbloem. The risk factors are clearly in place for a sterling crisis: 1) a large external debt position, with foreign currency assets and domestic currency liabilities; 2) uncompetitive domestic economy; and 3) large scale unconventional monetary easing. Whether these factors actually lead to a sterling crisis in the coming months in less certain; it is unlikely that the UK government would like to see a disorderly currency depreciation (and the risk of initiating one may curtail their money-printing ambitions), and other currencies, notably the USD and the JPY, face problems of their own. However, it is important to at least consider the possibility of a sterling crisis manifesting itself in the coming months; it's not like it hasn't happened before.</div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-62705704100766795032012-11-29T22:55:00.000-08:002012-11-29T22:55:14.837-08:00Gold Stocks Approaching a Crossroads<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-family: Times, "Times New Roman", serif;"><span style="font-size: x-large;">R</span>ecently, the Erste Group published a 120 page report covering precious metals. The report contains an absolute treasure of analysis, figures and charts concerning gold and the gold stocks. I have selected a few of the charts which help us explain the current status of the gold stocks. Essentially, there is a huge divergence between financial performance and valuations. Ultimately, the performance of the shares over the coming months will answer the question as to the resolution of that divergence.<br /><br /> We often hear how difficult of a time some mining companies are having. Although that is true, the reality is present conditions for gold miners have never been better. Rising costs are a problem but margins for the large unhedged producers are at bull market highs (and likely all-time highs).</span><br />
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<a href="http://3.bp.blogspot.com/-8Z9t0N0gZyo/ULhW2k5h39I/AAAAAAAAAQ8/urQls4so-Kc/s1600/Gold_bucks_index_net_margins_2000_2015_charts.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="217" src="http://3.bp.blogspot.com/-8Z9t0N0gZyo/ULhW2k5h39I/AAAAAAAAAQ8/urQls4so-Kc/s400/Gold_bucks_index_net_margins_2000_2015_charts.JPG" width="400" /></a></div>
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The rising margins explain the consistent increase in cash flow and net income (with a few bumps) as the chart below depicts. Cash flow and net income for 2012 will also reach a bull market high.</div>
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<a href="http://3.bp.blogspot.com/-DhTdGocLw4w/ULhXWaPfQVI/AAAAAAAAARE/pK9G4hI81b0/s1600/Cumulative_net_income_and_cumulative_cashflow_four_major_producers_chart.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="295" src="http://3.bp.blogspot.com/-DhTdGocLw4w/ULhXWaPfQVI/AAAAAAAAARE/pK9G4hI81b0/s400/Cumulative_net_income_and_cumulative_cashflow_four_major_producers_chart.png" width="400" /></a></div>
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Given the high margins, cash flow growth and record earnings why are the stocks struggling and trading well off their highs? A major and often forgotten explanation is the current low valuations. Several months ago, the price to cash flow valuation of senior producers was equivalent to valuation lows seen in 2000 and 2008. No chart better illustrates valuations then this one from BMO Capital Markets.</div>
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<a href="http://4.bp.blogspot.com/-UsjkuHzvUMg/ULhXnp9KbzI/AAAAAAAAARM/-RUzNX-6MVI/s1600/Senior_producers_chart.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="230" src="http://4.bp.blogspot.com/-UsjkuHzvUMg/ULhXnp9KbzI/AAAAAAAAARM/-RUzNX-6MVI/s400/Senior_producers_chart.png" width="400" /></a></div>
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Now let’s examine the current technicals and draw a comparison between today’s bull market and the bull market from 1960 to 1980. Below we plot the current bull market in the HUI (red) and the Barron’s Gold Mining Index (BGMI). There are some differences but also some similarities. Note that the level 170 was key support and resistance for the BGMI for nearly five years. Once the Bgmi broke 170, it was headed much higher.</div>
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<a href="http://2.bp.blogspot.com/-43DJxY7yyR0/ULhXxt535uI/AAAAAAAAARU/2vTTBeYkbh0/s1600/HUI_BGMI_Chart_1960_2012.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="http://2.bp.blogspot.com/-43DJxY7yyR0/ULhXxt535uI/AAAAAAAAARU/2vTTBeYkbh0/s400/HUI_BGMI_Chart_1960_2012.png" width="400" /></a></div>
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One can better view the current key pivot point from the chart below. The 52-55 range has been key support and resistance for GDX since late 2007. If and when GDX makes a weekly close above 55, you can bet that the prognosis will look quite bullish.</div>
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<a href="http://4.bp.blogspot.com/-hL3NtQMxPzM/ULhYCXrl37I/AAAAAAAAARc/9IjsHlcqmqY/s1600/GGDX_Chart_2008_2012_chart.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" src="http://4.bp.blogspot.com/-hL3NtQMxPzM/ULhYCXrl37I/AAAAAAAAARc/9IjsHlcqmqY/s400/GGDX_Chart_2008_2012_chart.png" width="400" /></a></div>
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The market is at an interesting crossroads. Financial results have been strong but valuations are weak. The market believes earnings and cash flow will decline and has priced in that outcome to some degree. Ultimately, this will resolve itself in one of two ways. Producer margins can decline which would impact cash flows and profitability. That would eventually lead to lower share prices and GDX could threaten a break below 40. On the other hand, should margins increase then share prices will explode higher from a compounding effect. Rising margins will generate stronger cash flow and higher profits and the low valuations will rebound as sentiment would normalize. This is the fundamental case for the next major breakout in the gold shares.<br /><br /> Given the technical damage from the recent selloff (which went a bit further than expected) one should not anticipate this crossroads to be resolved anytime soon. Think months rather than days or weeks. Ultimately, the shares will break 55 to the upside in 2013 thanks to the combination of a breakout in Gold combined with stable costs in 2013. </div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-85322720363036528502012-11-29T22:45:00.001-08:002012-11-29T22:46:16.233-08:00#Christmas Rally Requires the SOX to Join In<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-size: x-large;"><span style="font-family: Georgia, "Times New Roman", serif;">T</span></span><span style="font-family: Georgia, "Times New Roman", serif;">he price action in the Phlx Semiconductor Index (SOX) is not looking good. Yet the SOX must rally for the Nasdaq to have a seasonal Christmas rally.</span><span style="font-family: Georgia, "Times New Roman", serif;"><br /></span><span style="font-family: Georgia, "Times New Roman", serif;"> </span><span style="font-family: Georgia, "Times New Roman", serif;"><br /></span><span style="font-family: Georgia, "Times New Roman", serif;"> Large components are : INTC, AMD, MU, MRVL</span><br />
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<a href="http://1.bp.blogspot.com/-BeIZhVYIxa0/ULhVif1qANI/AAAAAAAAAQ0/4BRckDECysg/s1600/Chart_PHLX_Semiconductor.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: Georgia, "Times New Roman", serif;"><br /></span></a></div>
<span style="font-family: Georgia, "Times New Roman", serif;">We know that Intel has cut its guidance as .."the PC market is going into the toilet, and the global economy (ex-US) is plainly brutal". The performance of Intel (INTC) has been poor, therefore Intel needs to bounce to satisfy the need for a rally. They other question is can Apple Inc (AAPL) carry the NASDAQ all by itself? Watching and waiting.</span><span style="font-family: Georgia, "Times New Roman", serif;"><br /></span><span style="font-family: Georgia, "Times New Roman", serif;"> </span><span style="font-family: Georgia, "Times New Roman", serif;"><br /></span><span style="font-family: Georgia, "Times New Roman", serif;"> The half cycle is when the cycle meets the zero line. When the half cycle is passed price action has little time to conform to the cycle dominance. If price action fails to conform then the cycle weakens</span>.<br />
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<img border="0" height="235" src="http://1.bp.blogspot.com/-BeIZhVYIxa0/ULhVif1qANI/AAAAAAAAAQ0/4BRckDECysg/s400/Chart_PHLX_Semiconductor.png" width="400" /><br />
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Source: Readtheticker</div>
Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-31930539254000992612012-10-05T08:08:00.001-07:002012-10-05T08:08:17.943-07:00Understanding Forex Margin and Leverage<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; display: inline !important; float: none; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 16px; font-style: normal; font-variant: normal; font-weight: bold; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-decoration: underline; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">What is Margin?</span><br />
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<span class="gsstx" style="color: #404040; font-size: 12px;">Using margin in Forex trading is a new concept for many traders, and one that is often misunderstood. Margin is a good faith deposit that a trader puts up for collateral to hold open a position</span><span class="gsstx" style="color: #404040; font-size: 12px;">.<span class="Apple-converted-space"> </span></span><span class="gsstx" style="color: #404040; font-size: 12px;">More often than not margin gets confused as a fee to a trader. It is actually not a transaction cost, but a portion of your account equity set aside and allocated as a margin deposit.<br /></span>
<span class="gsstx" style="color: #404040; font-size: 12px;">The advanced dealing rates window, found in the #FXCM Trading Station pictured below, will show you specifically how much margin is required to hold open one 10k position in a standard trading account. It is important to remember that this value represents one trading lot and that the amount of margin needed to hold open a position will ultimately be determined by trade size. As trade size increases your margin requirement will increase exponentially.</span>
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<a href="http://3.bp.blogspot.com/-w_o-YlCVgzQ/UG72hgmR6zI/AAAAAAAAAQQ/SeWoIhs9syA/s1600/Understanding_Forex_Margin_and_Leverage_body_Picture_3.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="http://3.bp.blogspot.com/-w_o-YlCVgzQ/UG72hgmR6zI/AAAAAAAAAQQ/SeWoIhs9syA/s1600/Understanding_Forex_Margin_and_Leverage_body_Picture_3.png" /><br /></a><span class="gsstx" style="color: #404040; font-size: 12px;"><br /><br /><br /></span></div>
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<span class="gsstx" style="color: #404040; font-size: 16px; font-weight: bold; text-decoration: underline;">What is leverage?</span></div>
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<span class="gsstx" style="color: #404040; font-size: 12px;">Leverage<span class="Apple-converted-space"> </span></span><span class="gsstx" style="color: #404040; font-size: 12px;">is a byproduct of margin and allows<span class="Apple-converted-space"> </span></span><span class="gsstx" style="color: #404040; font-size: 12px;">an individual to control larger trade sizes. Traders will use this tool as a way to magnify their returns. It’s imperative to stress, that losses are also magnified when leverage is used. Therefore, it is important to understand that leverage needs to be controlled.</span></div>
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<span class="gsstx" style="color: #404040; font-size: 12px;">FXCM provides flexible leverage to its clients. You can trade with no leverage at all, or you can trade with a significant amount of leverage</span><span class="gsstx" style="color: #404040; font-size: 12px;"><span class="Apple-converted-space"> </span>based off of your personal preferences</span><span class="gsstx" style="color: #404040; font-size: 12px;">.<span class="Apple-converted-space"> </span></span><span class="gsstx" style="color: #404040; font-size: 12px;">Let’s look at an example using effective leverage</span></div>
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<span class="gsstx" style="color: #404040; font-size: 12px;">Let’s assume a trader chooses to trade one mini lot of the USD/CAD. This trade would be the equivalent to controlling $10,000. Because the trade is 10 times larger than the equity in the trader’s account, the account is said to be leveraged 10 times or 10:1. Had the trader bought 20,000 units of the USD/CAD, which is equivalent to $20,000, their account would have been leveraged 20:1.</span></div>
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<span class="gsstx" style="color: #404040; font-size: 16px; font-weight: bold; text-decoration: underline;">Effects of</span><span class="gsstx" style="color: #404040; font-size: 16px; font-weight: bold; text-decoration: underline;"><span class="Apple-converted-space"> </span>leverage</span></div>
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<span class="gsstx" style="color: #404040; font-size: 12px;">Using leverages can have extreme effects on your accounts if it is not used properly. Trading larger lot sizes through leverage can ratchet up your gains, but ultimately can lead to larger losses if a trade moves against you. Below we can see this concept in action by viewing a hypothetical trading scenario. Let’s assume both Trader A and Trader B have starting balances of $10,000. Trader A used his account to lever his account up to a 500,000 notional position using 50 to 1 leverage. Trader B traded a more conservative 5 to 1 leverage taking a notional position of 50,000. So what are the results on each traders balance after a 100 pip<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-size: 12px; text-decoration: underline;">stop loss</span><span class="gsstx" style="color: #404040; font-size: 12px;">?<br /></span></div>
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<span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Trader A would have sustained a loss of $5,000, loosing near half their account balance on one position! Trader B on the other hand fared much better. Even though Trader B took a loss off 100 pips, the dollar value was cut to a loss of $500. Through leverage management Trader B can continue to trade and potentially take advantage of future winning moves.<span class="Apple-converted-space"> </span></span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">FXCM believes clients have a greater chance of long-term success when a conservative amount of leverage</span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><span class="Apple-converted-space"> </span>is used in their trading</span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">. Here is a recent study completed of thousands of FXCM accounts<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-size: 12px; text-decoration: underline;">(“Traits of Successful Traders: How Much Capital Should I Trade Forex With?”</span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">).<span class="Apple-converted-space"> </span></span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Keep this information in mind when looking to trade your next position and keep</span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">effective leverage of 10 to 1 or less</span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><span class="Apple-converted-space"> </span>to maximize your trading</span><span class="gsstx" style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">.</span>
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<a href="http://1.bp.blogspot.com/-SX1mMCsZWjw/UG7288nA0oI/AAAAAAAAAQg/db1QUbcMins/s1600/Understanding_Forex_Margin_and_Leverage_body_Picture_2.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/-SX1mMCsZWjw/UG7288nA0oI/AAAAAAAAAQg/db1QUbcMins/s1600/Understanding_Forex_Margin_and_Leverage_body_Picture_2.png" /></a><br /></div>
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<span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: #f0f0f4; color: #404040; display: inline !important; float: none; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">---<em>Written by Walker England, Trading Instructor</em></span>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-24403606737757505232012-09-18T22:26:00.000-07:002012-09-18T22:26:15.746-07:00Eurozone Recovery Continues<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="http://4.bp.blogspot.com/-rwAOLrLVO-c/UFlXBG_NKvI/AAAAAAAAAP0/h9N_AGJqdLg/s1600/2-yr+Swap+Spreads.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="238" src="http://4.bp.blogspot.com/-rwAOLrLVO-c/UFlXBG_NKvI/AAAAAAAAAP0/h9N_AGJqdLg/s400/2-yr+Swap+Spreads.jpg" width="400" /></a></div>
2yr swap spreads have declined dramatically this year, and that's an excellent indication that the Eurozone financial system is once again liquid and healthy. This in turn is a good sign that the Eurozone economy is likely to be improving in coming months (i.e., swap spreads are good leading indicators of financial and economic health).<br /><br /> We can't say that the Eurozone is out of the woods yet, since more than a few countries have yet to address their fundamental problem: excessive public sector bloat and chronic deficits. But with the health of the financial markets restored, there is hope that fundamental reform is in the offing.<br />
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<a href="http://3.bp.blogspot.com/-N76Jh1VOc6E/UFlXDYbmJyI/AAAAAAAAAP8/dDWR_kDH-B4/s1600/SP500+vs+Stoxx.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="http://3.bp.blogspot.com/-N76Jh1VOc6E/UFlXDYbmJyI/AAAAAAAAAP8/dDWR_kDH-B4/s400/SP500+vs+Stoxx.jpg" width="400" /></a></div>
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The Euro Stoxx index is up over 20% since early June, another early sign that things are starting to improve on the margin. I note that with this index is trading at about 10 times expected earnings, it is fair to say that Eurozone markets are still suffering from deep pessimism. As in the U.S., the Eurozone equity market is being driven not by optimism, but by a slow decline in pessimism; conditions have not turned out to be as bad as the market had feared.</div>
Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-59305378517372475692012-09-14T20:55:00.003-07:002012-09-14T20:55:30.759-07:00Equities Rise With Inflation Expectations<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-size: x-large;">T</span>he chart below provides strong support for my belief that equities are responding more to inflation expectations than they are to real growth expectations. That is consistent with the monetarist view that the Fed has very little control over real growth—you can't print your way to prosperity
<br /><br /><a href="http://1.bp.blogspot.com/-xIc-TyMaQxE/UFP7zm3MEwI/AAAAAAAAAPg/D345G6Los88/s1600/Equities+vs+Inflation+Expectati.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="216" src="http://1.bp.blogspot.com/-xIc-TyMaQxE/UFP7zm3MEwI/AAAAAAAAAPg/D345G6Los88/s400/Equities+vs+Inflation+Expectati.jpg" width="400" /></a><br /></div>
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<span style="font-size: small;">The chart compares the S&P 500 to the market's forward-looking inflation expectations, the 5-yr, 5-yr forward implied inflation rate embedded in TIPS and Treasury prices.<br /><br /> Equities benefit from QE3 because it is likely to boost nominal GDP growth, but not necessarily real growth. Inflation is now much more likely than deflation, and future cash flows are likely to be better than expected.<br /><br /> This is all good news for now, but lurking in the shadows is the issue of how the Fed is going to reverse its quantitative easing in the future, and whether they can do it in a timely fashion to avoid inflation going too high.<br /><br /> Meanwhile, it's good to see Treasury bond yields and equities on the rise. Higher yields are symptomatic of an improved outlook.</span></div>
Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-53980499698572265442012-09-10T20:43:00.002-07:002012-09-10T20:43:59.537-07:00The Business of the Federal Government is Redistribution<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-size: x-large;">T</span>his post builds on an excellent post by Mark Perry. Money quote: "... the federal government has become an entitlements machine. As a day-to-day operation, it devotes more attention and resources to the public transfer of money, goods and services to individual citizens than to any other objective, spending more than for all other ends combined."<br /><br /> Mark's charts show the composition of federal spending and taxes as a share of total spending and total taxes; mine show them as a % of GDP. Note the relatively low level of defense spending today, even though it includes all the costs of foreign wars. Defense spending is dwarfed by transfer payments.
<br /><br /><a href="http://1.bp.blogspot.com/-GNTxSmcKq2w/UE6yIPjRPBI/AAAAAAAAAO8/-hcRyqqz4nk/s1600/Fed+Spending+%25+GDP.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/-GNTxSmcKq2w/UE6yIPjRPBI/AAAAAAAAAO8/-hcRyqqz4nk/s1600/Fed+Spending+%25+GDP.jpg" /></a><br />......<br /><br /><a href="http://3.bp.blogspot.com/-sSQcCX23evQ/UE6yo6nQ57I/AAAAAAAAAPE/m8NqZlIeap4/s1600/Fed+Spending+%2525+GDP2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="255" src="http://3.bp.blogspot.com/-sSQcCX23evQ/UE6yo6nQ57I/AAAAAAAAAPE/m8NqZlIeap4/s400/Fed+Spending+%2525+GDP2.jpg" width="400" /></a></div>
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.......<br /><a href="http://3.bp.blogspot.com/-Rc1-C7S1kxo/UE6zWGP-8WI/AAAAAAAAAPM/pcgQPcqJI7Y/s1600/Federal+taxes+%25+GDP.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="265" src="http://3.bp.blogspot.com/-Rc1-C7S1kxo/UE6zWGP-8WI/AAAAAAAAAPM/pcgQPcqJI7Y/s400/Federal+taxes+%25+GDP.jpg" width="400" /></a></div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-85541969265312797382012-08-28T21:32:00.000-07:002012-08-28T21:32:04.254-07:00Global Recovery Perspective<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="http://2.bp.blogspot.com/-v7Amqoz1-2o/UD2bCNQ6KTI/AAAAAAAAAOk/24rqQvry_yc/s1600/Global+Equity+Cap.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="243" src="http://2.bp.blogspot.com/-v7Amqoz1-2o/UD2bCNQ6KTI/AAAAAAAAAOk/24rqQvry_yc/s400/Global+Equity+Cap.jpg" width="400" /></a></div>
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<span style="font-size: x-large;">D</span>espite all the continuing problems in the Euro-zone (the #Euro Stoxx index is only up 38% from its recession lows, as compared to the 111% gain of the S&P 500), and the slowdown in China (the Shanghai Composite index is only up 25% from its October '08 lows), the global equity market has posted a 92% gain since early March '09, according to Bloomberg. We are still 20% below the 2007 highs, so it's still far from a complete recovery, but it's not unimpressive: global equity markets have recovered $23.6 trillion of their 2008-9 losses.</div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-9799514399073205772012-08-28T21:13:00.001-07:002012-08-28T21:13:36.892-07:00Jackson Hole Swing Trade<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="http://2.bp.blogspot.com/-I5R2JMwWUSc/UD2WS-1q_lI/AAAAAAAAAMs/4CGOvTBzJy0/s1600/558419_10151188164218816_825447504_n.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" src="http://2.bp.blogspot.com/-I5R2JMwWUSc/UD2WS-1q_lI/AAAAAAAAAMs/4CGOvTBzJy0/s200/558419_10151188164218816_825447504_n.jpg" width="159" /></a></div>
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<span style="font-size: x-large;">F</span>ed Chair Ben Bernanke much awaited speech via Jackson Hole has all in 'wait mode'. If Ben doesn't deliver surely the financial s will suffer, and more so those financial s that have fingers in Europe crisis mess. Here is a swing trade to consider.<br /><br /><br /> <br /><br />Goldman Sach traveled to $105 of weak volume, and now its waiting for direction. GS could follow the seasonal bearish September south if Ben speech has no.gif?lastmodified=201208270000ts in it. A bearish option spread seems the best play.</div>
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Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-1411220928144570322012-08-27T20:23:00.000-07:002012-08-27T20:23:06.174-07:00 Time to Follow the Herd ; Jack Hough<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="font-size: x-large;"> </span><span style="font-size: large;">I</span><span style="font-size: small;">nvestors continue to pull more money out of stock mutual funds than they are putting in. Should you join them? </span><br />
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<span style="font-size: small;">Net outflows were $3.2 billion for the week ended Aug. 15, according to data released Wednesday by the Investment Company Institute, a fund-industry trade group. Outflows have exceed $400 billion over the past five years.<br /><br />One way to interpret the flow data is that, after 30 years of Treasury bonds offering better total returns than U.S. stocks, "the cult of equity is dying," to borrow a phrase from bond king Bill Gross's August investment outlook. If investors are losing their appetite for stocks, maybe it is time to take profits.<br /><br />Then again, the Standard & Poor's 500-stock index's 13% total return so far this year hardly suggests stocks have lost their shine. Maybe the outflows mean the famously dumb herd is getting it wrong again, and that more handsome returns are in store for stocks. <br /><br />Which reading is right? Neither, for two reasons -- one of which points to some important actions investors should take.<br /><br />The first reason is that it is far from clear that mutual-fund flows predict stock-market returns. <br /><br />During periods where the two measures seem to track each other, it seems more likely that investors chase stock-market returns rather than the other way around, says Brian Boyer, a visiting finance professor at the University of California, Los Angeles, who examined more than a half-century of fund flows and returns for a paper published in the Journal of Empirical Finance in 2009.<br /><br />In other words, investors who are trying to read the market's next move in fund flows might as well be asking a Magic 8 Ball. ...<br /><br /> </span><span style="font-size: large;">Investors Aren't Fleeing</span><span style="font-size: small;"><br /><br />The second reason is that a close look at the flows suggests investors aren't exactly fleeing stocks now. <br /><br />For one thing, net outflows are tiny relative to the amount of money investors have in stock funds -- less than one-half of 1% this year, says Matthew Lemieux, an analyst at data firm Lipper.<br /><br />Also, while investors have pulled money out of stock mutual funds this year, they have added an even greater amount to stock exchange-traded funds, according to Lipper. <br /><br />That isn't quite the death of equities, but it is a serious maiming of equity fees. ETFs tend to passively track indexes and carry lower costs than actively managed mutual funds, says Todd Rosenbluth, a mutual-fund analyst at S&P Capital IQ.<br /><br />As for the larger outflows of the past five years, they partly are explained by the baby boomers beginning to turn 65 last year, says Shelly Antoniewicz, an economist at the Investment Company Institute. Investors typically sell some stocks and buy more bonds in retirement because the latter are generally less prone to sharp price swings. <br /><br />The outflows also are a reasonable response to the stock plunge that hit bottom in March 2009, Ms. Antoniewicz says. <br /><br />ICI research shows that fewer investors are going all-in on stocks these days, and more are seeking diversification. Money is flowing into bond funds and into hybrid funds that invest in both stocks and bonds.<br /><br />Flows also are positive this year for funds that hold non-U.S. stocks. That seems more a sensible rebalancing of positions than return-chasing. U.S. shares have gained 20.4% over the past year, versus 1.7% for shares in the rest of the world, according to index publisher MSCI.<br /><br />Come to think of it, the herd hasn't looked so dumb lately.<br /><br />Take the move to ETFs. On average over the past decade, 57% of active fund managers failed to beat their benchmark indexes after fees, according to S&P. Last year, 84% underperformed. <br /><br />With mutual funds, you don't get what you pay for. Rather, what you pay comes directly out of what you get. So pay less. This column has long recommended low-cost mutual funds and ETFs from Vanguard Group, Charles Schwab (SCHW: 13.10, -0.17, -1.28%) and others.<br /><br />Investors who haven't rebalanced their portfolios lately should consider following the herd. The easiest way to get global diversification is with an all-world ETF like Vanguard Total World Stock (VT: 47.35, -0.02, -0.04%), which costs $22 a year per $10,000 invested, plus a commission to buy and sell. It has a 42% stake in the U.S., which more or less reflects the weighting of U.S. shares in the world.<br /></span><span style="font-size: large;">Rebalancing Act</span><span style="font-size: small;"><br /><br />A cheaper route -- and one that allows for more U.S. exposure for those who want it -- is to use two separate funds and rebalance them from time to time. For example, Vanguard Total Stock Market (VTI: 72.24, -0.01, -0.01%) and Schwab International Equity (SCHF: 25.25, -0.01, -0.04%), both ETFs, cost just $6 and $13 a year per $10,000 invested, respectively. <br /><br />For a bond ETF, SPDR Barclays Capital Aggregate Bond (LAG: 58.96, 0.06, 0.10%) offers broad exposure to Treasurys, mortgage securities, corporate bonds and more. It costs less than $18 a year per $10,000. <br /><br />To figure out how much to put in stocks versus bonds, either pay a financial planner to tell you or search online for "Vanguard portfolio allocation models" to see how nine different mixes of stocks and bonds have historically performed. <br /><br />The past 30 years aside, stock-heavy portfolios have generally provided higher long-term returns, but also deeper single-year declines. <br /><br />The three "balanced" portfolios Vanguard recommends call for mixes of 60/40, 50/50 and 40/60. If you aren't sure, one of those is a good place to start.</span></div>
Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-54917151276235141902012-07-09T21:58:00.001-07:002012-07-09T21:58:26.109-07:00<div dir="ltr" style="text-align: left;" trbidi="on">
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AUDUSD Classic Technical Report 07.10.2012</h1>
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And back with love Aussie...<br />
#AUDUSD --><br />
Prices are approaching support at 1.0120, the 23.6%Fibonacci expansion, a barrier reinforced by a rising trend line set from early June. A break below this boundary targets 0.9992. Alternatively, a break back above resistance at 1.0213, the 38.2% Fib, exposes the 50% barrier at 1.0290.<br />
</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-27323053483715028892012-07-08T23:12:00.000-07:002012-07-08T23:12:09.945-07:00<div dir="ltr" style="text-align: left;" trbidi="on">
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Why Do Most Traders Lose Money?<span style="font-weight: normal;"> </span><em style="color: #404040; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: normal;">By Jeremy Wagner, Lead Trading Instructor</em><span style="color: #404040; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: normal;"></span></h1>
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<span class="gsstx"><br />The fact is that </span><span class="gsstx">m</span><span class="gsstx">ost traders, regardless </span><span class="gsstx">of how intelligent and </span><span class="gsstx">knowledgeable they may be about the</span><span class="gsstx">m</span><span class="gsstx">arkets, lose </span><span class="gsstx">m</span><span class="gsstx">oney. Are the </span><span class="gsstx">m</span><span class="gsstx">arkets really so enig</span><span class="gsstx">m</span><span class="gsstx">atic that few can profit or are there a series of</span><span class="gsstx">common </span><span class="gsstx">m</span><span class="gsstx">i</span><span class="gsstx">stakes </span><span class="gsstx">that befall </span><span class="gsstx">m</span><span class="gsstx">any traders? </span><span class="gsstx">The answer is the lat</span><span class="gsstx">t</span><span class="gsstx">er.</span></div>
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<span class="gsstx">The good news is that the proble</span><span class="gsstx">m</span><span class="gsstx">, while it can be e</span><span class="gsstx">m</span><span class="gsstx">otionally and psychologically challenging, can be solved by using solid risk </span><span class="gsstx">m</span><span class="gsstx">anage</span><span class="gsstx">m</span><span class="gsstx">ent techniques.</span></div>
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<span class="gsstx">Today, we will discuss 2 key aspects of risk management.</span></div>
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="http://3.bp.blogspot.com/-_8ytI8S5MGM/T_p0q-ce8kI/AAAAAAAAAMA/FiOj9eRJP3w/s1600/Why_Do_Most_Traders_Lose_Money_body_Picture_3.png" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" height="230" src="http://3.bp.blogspot.com/-_8ytI8S5MGM/T_p0q-ce8kI/AAAAAAAAAMA/FiOj9eRJP3w/s400/Why_Do_Most_Traders_Lose_Money_body_Picture_3.png" width="400" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Winning & Losing </td></tr>
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<li class="gsstx" style="background-color: white; background-image: url(http://www.dailyfx.com/design/fxcm/css/none); font-size: 12px; list-style: decimal outside; margin: 0px; padding: 3px 0px;"><span class="gsstx" style="font-size: 15px;">Risk a little to make a lot – use at least a 1:2 risk to reward ratio</span></li>
<li class="gsstx" style="background-color: white; background-image: url(http://www.dailyfx.com/design/fxcm/css/none); list-style: decimal outside; margin: 0px; padding: 3px 0px;"><span class="gsstx"><span style="font-size: 15px;">Risk a small portion of your account – risk less than 5% of your account on all open trades</span><br /><br /><span style="background-color: #f0f0f4;"><span style="font-size: 19px;"><b><u>Use at least a 1:2 Risk to Reward Ratio</u></b></span></span></span><span class="gsstx" style="font-size: 12px;">We went through extensive research on the behaviors why most traders lose. M</span><span class="gsstx" style="font-size: 12px;">o</span><span class="gsstx" style="font-size: 12px;">st traders </span><span class="gsstx" style="font-size: 12px;">lo</span><span class="gsstx" style="font-size: 12px;">s</span><span class="gsstx" style="font-size: 12px;">e </span><span class="gsstx" style="font-size: 12px;">m</span><span class="gsstx" style="font-size: 12px;">oney s</span><span class="gsstx" style="font-size: 12px;">i</span><span class="gsstx" style="font-size: 12px;">mply becau</span><span class="gsstx" style="font-size: 12px;">s</span><span class="gsstx" style="font-size: 12px;">e they do not understand or adhere to good </span><span class="gsstx" style="font-size: 12px;">m</span><span class="gsstx" style="font-size: 12px;">oney </span><span class="gsstx" style="font-size: 12px;">m</span><span class="gsstx" style="font-size: 12px;">anage</span><span class="gsstx" style="font-size: 12px;">m</span><span class="gsstx" style="font-size: 12px;">ent practices.</span></li>
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<span class="gsstx">Part of </span><span class="gsstx">m</span><span class="gsstx">oney </span><span class="gsstx">m</span><span class="gsstx">anag</span><span class="gsstx">e</span><span class="gsstx">ment is essentially deter</span><span class="gsstx">m</span><span class="gsstx">ining your risk before placing a trade. Wi</span><span class="gsstx">t</span><span class="gsstx">hout a sense of </span><span class="gsstx">m</span><span class="gsstx">oney </span><span class="gsstx">m</span><span class="gsstx">anag</span><span class="gsstx">e</span><span class="gsstx">m</span><span class="gsstx">en</span><span class="gsstx">t</span><span class="gsstx">, </span><span class="gsstx">m</span><span class="gsstx">any traders hold on to losing po</span><span class="gsstx">s</span><span class="gsstx">itions far too long, but take profits on winning positions pre</span><span class="gsstx">m</span><span class="gsstx">aturely. The result is a </span><span class="gsstx">see</span><span class="gsstx">m</span><span class="gsstx">ingly paradoxical scenario </span><span class="gsstx">that </span><span class="gsstx">in reality is all too com</span><span class="gsstx">m</span><span class="gsstx">on: the trad</span><span class="gsstx">e</span><span class="gsstx">r </span><span class="gsstx">e</span><span class="gsstx">nds up having </span><span class="gsstx">m</span><span class="gsstx">ore winning trades than losing trades, b</span><span class="gsstx">u</span><span class="gsstx">t </span><span class="gsstx">st</span><span class="gsstx">ill loses </span><span class="gsstx">m</span><span class="gsstx">oney</span><span class="gsstx"> (see chart above)</span><span class="gsstx">.</span></div>
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<span class="gsstx">To resolve this paradox, establish your risk and reward parameters ahead of time. Insist on taking trades that offer at least a 1:2 risk to reward ratio. This means that for every pip of risk you are taking in the trade, seek out at least 2 pips of potential reward. By doing so, you are relieving the pressure from yourself to have to be right in the trade.</span></div>
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<span class="gsstx">You can be right only 50% of the time when using a 1:2 risk to reward ratio to give yourself a shot at consistent returns.</span></div>
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<a href="http://3.bp.blogspot.com/-cky10nLeAf8/T_p1StNnQWI/AAAAAAAAAMI/1lH_Uu3BQSk/s1600/Why_Do_Most_Traders_Lose_Money_body_1ib4mm4o.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="150" src="http://3.bp.blogspot.com/-cky10nLeAf8/T_p1StNnQWI/AAAAAAAAAMI/1lH_Uu3BQSk/s640/Why_Do_Most_Traders_Lose_Money_body_1ib4mm4o.png" width="640" /></a></div>
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<span class="gsstx" style="font-size: 19px; font-weight: bold; text-decoration: underline;">Risk no more than 5%</span></div>
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<span class="gsstx">However, there is another element to consistent risk management. How much of your account are you risking?</span></div>
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<span class="gsstx">Too often, I hear from clients via twitter or during our live webinars that they are risking a small amount, just 20 pips on the trade. However, the true risk on the trade is how much of your account balance are you exposing?</span></div>
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<span class="gsstx">Is it possible that Trader A can have a stop loss set at 10 pips and risk more than Trader B with a 50 pip stop loss? Yes!</span></div>
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<a href="http://4.bp.blogspot.com/-DMc4qtudTfc/T_p1i_5_2eI/AAAAAAAAAMQ/s84Gj-syTjY/s1600/Why_Do_Most_Traders_Lose_Money_body_Picture_1.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="114" src="http://4.bp.blogspot.com/-DMc4qtudTfc/T_p1i_5_2eI/AAAAAAAAAMQ/s84Gj-syTjY/s640/Why_Do_Most_Traders_Lose_Money_body_Picture_1.png" width="640" /></a></div>
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<span class="gsstx">As you can see from the above example, the trade size (and resulting cost per pip) multiplied by your stop distance determines your risk on the trade.</span></div>
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<span class="gsstx">We suggest risking no more than 5% of your account balance on all open trades. That way, if you are wrong (and we established from the first key point that it is ok to be wrong 50% of the time), then you still have over 95% of your account balance available to trade tomorrow.</span></div>
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<span class="gsstx">The formula to calculate risk on the trade is:</span></div>
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<span class="gsstx" style="color: #c00000;">Cost per pip X pip’s risked = Account Balance Risked</span></div>
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<span class="gsstx">For example, if I’m trading the AUDJPY with a current pip cost of $1.25 per 10k position, then a trade with 50 pips of risk is $62.50 risked in my account.</span></div>
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<span class="gsstx">[ $1.25 X 50 pips = $62.50 ]</span></div>
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</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com2tag:blogger.com,1999:blog-6749994748719234931.post-70638428944673119672012-03-11T23:17:00.000-07:002012-03-11T23:17:46.087-07:00Australian Dollar Outlook - 03/12/2012<div dir="ltr" style="text-align: left;" trbidi="on"> <br />
<div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Aussie slips against the US$ on the back of Greece reaching a solution which has averted a technical default.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Australia</span>: The Aussie Dollar sold off against the US overnight and is currently trading at 1.0570.<span class="Apple-converted-space"> </span><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">China</span><span class="Apple-converted-space"> </span>had two releases on Friday, the PPI which came in at 0.0, lower than the forecast of +.01% YoY, and lower than the previous months +0.7%. The CPI printed at +3.2%, also lower than the +3.4% expected and the prior +4.5%.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"> </div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">These numbers will add to the debate of further interest rate easing by the Chinese Central Bank.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Commodities generally had a good night with base metals rallying almost across the board.<span class="Apple-converted-space"> </span><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Copper</span><span class="Apple-converted-space"> </span>rose 2.0%, nickel ended up 2.7% and ally rose1.6%.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Gold</span><span class="Apple-converted-space"> </span>ended the session up US$15.50 to be trading at US $1,711.50 an ounce for the April Futures while oil is trading at US$107.40 a barrel.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">There is no local<span class="Apple-converted-space"> </span><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Australia</span>n data due for release today and it is a Labour Day Holiday in VIC, TAS & ADL</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"> </div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Majors: US Treasury yields were again higher for third day in a row while US equity markets ended up slightly. Friday night saw the release of the US Non -farm Payrolls for February which reported a rise of 227,000 better than the market expected for a rise of 210,000 raising optimism for a US recovery.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">The US unemployment rate is now at 8.35% which is at a three year low. The USD further strengthened against most currencies, extending gains against the Euro and rising to a 10 month high against the Japanese Yen after the jobs numbers. Greece announced that the deal to swap Greek bonds for new ones with a big haircut (75% NPV) was accepted by 85% of Greek law bond holders and the Government triggered the retrospective collective action clause which meant that a total "acceptance "was 95.7%.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Equity markets in Europe reacted positively after Greece managed to finalise a successful debt swap deal with Frankfurt<br style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" />+0.7%, Paris +0.3% and<span class="Apple-converted-space"> </span><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">London</span><span class="Apple-converted-space"> </span>+0.5%.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">The International Swaps and Derivatives Association (ISDA) said that "we do not foresee a significant impact of the Greek credit event on financial markets" because the exposures, were relatively small, publicly known and mostly subject to<br style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" />collateral.</div><br />
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</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-60088635962083736282012-03-06T05:42:00.000-08:002012-03-06T05:42:40.647-08:00S&P 500, US Dollar Flirt With Trend-Defining Technical Levels<div dir="ltr" style="text-align: left;" trbidi="on"><span style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-weight: bold; line-height: 16px; text-align: justify;">The S&P 500 and US Dollar are flirting trend-defining technical levels, with the path of least resistance favoring losses for shares and gains for the greenback.</span> <br />
<span style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; font-weight: bold; line-height: 16px; text-align: justify;"><br />
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<div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-mz8xE6sBu1c/T1YUPxFJuuI/AAAAAAAAAL4/7TYQQBBKOlY/s1600/SP_500_US_Dollar_Flirt_With_Trend-Defining_Technical_Levels_body_Picture_5.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="198" src="http://2.bp.blogspot.com/-mz8xE6sBu1c/T1YUPxFJuuI/AAAAAAAAAL4/7TYQQBBKOlY/s400/SP_500_US_Dollar_Flirt_With_Trend-Defining_Technical_Levels_body_Picture_5.png" width="400" /></a></div><br />
<div class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px; text-align: justify;"><span class="gsstx" style="font-weight: bold;">S&P 500</span><span class="gsstx"> – Unchanged from yesterday: “Positioning remains indecisive as prices test the 1358.60-1376.10 area, with a narrow bullish breakout late last week again falling short on follow-through. Negative RSI divergence still points to fading upward momentum, warning of a reversal lower. A break below 1358.60 initially exposes 1337.30, the 23.6% Fibonacci retracement. Alternatively, a sustained push higher targets the 1400 figure.”</span></div><br class="Apple-interchange-newline" /></div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-1222063997810682762012-03-02T06:21:00.000-08:002012-03-02T06:21:16.770-08:00What Makes A Good Relationship?<div dir="ltr" style="text-align: left;" trbidi="on"> <br />
<div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-TO3945eBevs/T1DXSO4BLWI/AAAAAAAAALw/HmhT2FzAPlw/s1600/amor-beach-casal-couple-eternity-Favim.com-319143_large.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="255" src="http://4.bp.blogspot.com/-TO3945eBevs/T1DXSO4BLWI/AAAAAAAAALw/HmhT2FzAPlw/s400/amor-beach-casal-couple-eternity-Favim.com-319143_large.jpg" width="400" /></a></div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><br />
Be it a guy or a girl, even if you have been in a relationship for years, you will still not be able to put down the exact ingredients of a good relationship. So, what makes a good relationship? Is it just love? Is it just trust? Or is it just compatibility? It is a mixture of all of these and much more. Here is my recipe for a good relationship which contains the traits of a healthy relationship!</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Ingredients</strong><br />
The following ingredients will be required to cook up a good relationship.</div><ul style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #7e824f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Love – Well, lets face it, a relationship without love, is kind of abysmal.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Romance – Romance adds the butterflies in the stomach, even to regular activities.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Respect – If two people don’t respect each other, co-existence is near impossible.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Passion – Having passion in a relationship is like having salt in a recipe. Without it, there will be color, but no taste.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Empathy – Empathy is very important in a relationship. Lack of empathy would render the relationship abusive.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Understanding – It is important to be able to understand each other. It is through understanding that a connection develops, and respect and love can be discovered.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Acceptance – If you are in a relationship with a person, you need to accept him/her for what he/she is. If you have it in the back of your mind that you will eventually change him, then the relationship will not work out.</li>
<li style="background-image: url(http://healthyandbeloved.com/wp-content/themes/exercise_on_the_sunrise_pee035/images/PostBullets.png); background-repeat: no-repeat no-repeat; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 1.2em; margin-bottom: 0.5em; margin-left: 0px; margin-right: 0px; margin-top: 0.5em; padding-bottom: 0px; padding-left: 11px; padding-right: 0px; padding-top: 0px;">Friendship – Basically, in a relationship, you need to be able to laugh at each other, cry with each other and yell at each other. Who better to do that than a friend?</li>
</ul><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">These are the basic, most important ingredients of a good relationship. Mix them up in the quantities that you see fit, based on your and your partner’s nature. But, for you to understand the mixing, you need to understand the ingredients. Let’s move on to that aspect of the relationship advice.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Love:</strong><br />
Love is that which holds everything together. It is the basic ingredient. Like, if you were cooking chicken, love would be the chicken of your recipe. Love is the reason why you are making the effort of bringing in the other ingredients. However, if this ingredient gets too much importance, it would be wrong. Like, you cannot have only chicken in your dish, right? You need to add spices, and other ingredients. Just like that, a relationship with only love, will meet its end in a dump! Read more on love and relationship.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Romance:</strong><br />
There is a very good saying for men in relationships, if you want your woman to be your princess forever, be her prince forever. That means, the couple needs to keep the romance and the charm alive. Romance is the break from the mundane everyday duties. The vacation from regularity that you need. So, keep a regular balance of romance, to maintain a good relationship.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Passion:</strong><br />
Sex is very important in a marriage. True statement. However, more than the sex, passion is important. There should be a longing in the couple for each other. It is passion that makes each touch, each kiss, each blink of the eye mean a lot more than that which meets the eye. You see those aging couples walking hand in hand, it is the passion that keeps them there. The passion to stay together despite the odds, that is what makes a good relationship.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Empathy:</strong><br />
Lack of empathy in a relationship would spell doom for it. You need to have a basic know how about the other person. How they think, how they react and how they behave. It is this empathy that makes a couple manage living with each other for a longer time. It is this empathy that helps a couple do those small, small things that make the other person happy. Have you heard those women who go “Oh, that is just how he is!” or men say things like “That’s my girl”? That is out of empathy!</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Understanding and Acceptance:</strong><br />
Understanding and acceptance go hand in hand. In a relationship, it is important to understand the other person. Why they did what they did? It is the understanding that overlooks the jealousy. More so, acceptance is required in a relationship. If you cannot accept the person for what they truly are, then the relationship will be a farce. A good relationship is made by two people who understand each other and accept each other with the flaws.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><strong>Friendship:</strong><br />
Friendship is that ingredient which adds the magic to the relationship. If two people can be lovers and friends at the same time, they have a complete relationship. Friendship allows the two to laugh together at their silliness, yell at each other for the mistakes and cry with each other for the losses. How complete do you feel in company of a friend? That is the feeling that you will have with a partner, if you both share friendship in your relationship as well! More on managing relationships.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #31331f; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">While the amount and the percentage of all these ingredients may have differed from person to person, each ingredient is important for a good relationship. This is where I sign off! Happy loving!</div><br />
</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-31305159638435523592012-03-02T06:04:00.000-08:002012-03-02T06:04:06.131-08:00How to Make Someone Fall in Love with You<div dir="ltr" style="text-align: left;" trbidi="on"> By Farouk Radwan<br />
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<div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Myths About Making Someone Love You</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Do you think that love is just an uncontrollable random process?</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Do you think that if the person you loved didn't love you back then nothing can be done about it?</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Do you think that you can't make someone fall in love with you?</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">The Truth About Making Someone Fall in Love with You</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Most of us believe that love is completely random and can never be controlled or manipulated. However, the shocking truth is that love and hatred are fully controlled by the mind. If you can come to understand the logic behind that mind's operation then you will have a good chance of making someone fall in love with you.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Love is just like any other psychological emotion you experience. Just as there are ways for dealing with and controlling stress, learning about the psychology of falling in love can be used to your advantage to make someone fall in love with you. This won't work one hundred percent of the time, but it will at least double or even triple your chances of making that person fall in love with you.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"> <span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; display: inline !important; float: none; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 21px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><em>How to Make Someone Fall in Love with You</em></span> </div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"> </div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">The following are methods and ways that can help you in making someone fall in love with you. Note that most of them are based on the psychology of falling in love and if you don't know what that is, you'd better take a quick look first.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">I have what you need: when people search for a partner, they unconsciously try to find someone who is similar to what they like about themselves and at the same time different from what they hate about themselves. For example, someone who feels inferior but is also intelligent will seek an intelligent but confident partner. If this resembles the person you are targeting, playing the role of an incredibly confident person can be very effective, simply because you will be sending a message to his/her subconscious mind saying "I have what you need". On the other hand try to do your best to show that you have some common interests (don't lie, just search for what's common between you).</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Meeting Criteria: Inside the mind of every one of us is a quick list of basic criteria that must be met before we even consider loving a person. Although meeting these criteria does not neccessarily mean that we will love the person, not meeting any of them makes it certain that we will never love him. Examples of these criteria can be: “He must be a non smoker“, “He must be religious” ...etc. You should try to know the background of the person you like and attempt to meet his basic criteria, else you will be rejected before you even begin.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Does Trying Harder Work? : Does repeatedly trying to approach a person work, or does chasing him or asking him out several times work?</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Doing these things will most likely work if your partner is externally dependent. External dependancy is being dependant on something or someone to make you feel good or to escape your bad mood. When someone becomes externally dependant, it's likely he'll jump at the first chance of getting into a relationship. If the person you are targeting is externally dependant then your chances of making him fall in love you becomes higher. That's why caring for someone when he's down gives you a great chance of being loved by him because at these times people become more externally dependant</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Program his Subconscious Mind: The subconscious mind can be made to accept something by continious repetition. This doesn't mean that you should call your partner every five minutes, as that would be chasing his/her conscious mind. Chasing the subconscious mind requires no more than staying in sight, and letting him/her see you a lot. Even if you hardly talk, just staying in his/her sight is enough to enforce your position.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">More Subconscious Mind Programming : If you have mutual friends then you are even more lucky, since the subconscious mind is programmed much easier by trusted sources. The more your friends talk to him/her about how great you are (something you'll probably have to arrange) the better your chances of having a place in his/her subconscious mind.</div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><span style="background-color: #a64d79;"><span style="background-color: #20124d;"><span style="background-color: #f3f3f3;"><span style="color: red;">Please don't misuse this Information</span></span></span></span></div><div style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 1.22em; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; margin-bottom: 1.5em; margin-left: 0px; margin-right: 0px; margin-top: 0px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">This kind of information should only be used when you are serious about a relationship and not just for playing around. Please be grown up enough to know that people have got feelings and that hurting their feelings just to feel victorious is something that is far from being mentally healthy.</div><span style="-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; background-color: white; color: #333333; display: inline !important; float: none; font-family: 'Helvetica Neue', Helvetica, 'Lucida Grande', 'Lucida Sans Unicode', Verdana, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 21px; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><em><br />
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</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-90162095913247157532012-02-28T21:05:00.000-08:002012-02-28T21:05:17.481-08:00Australian Dollar Risk Inches Towards Range High<div dir="ltr" style="text-align: left;" trbidi="on"><em style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; text-align: -webkit-auto;"> By Jamie</em> <br />
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<div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-IzroO-FyInM/T02xxcAUJII/AAAAAAAAALo/UtO1UgKMmIU/s1600/eliottWaves_aud-usd_body_audusd.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="278" src="http://2.bp.blogspot.com/-IzroO-FyInM/T02xxcAUJII/AAAAAAAAALo/UtO1UgKMmIU/s400/eliottWaves_aud-usd_body_audusd.png" width="400" /></a></div><div class="separator" style="clear: both; text-align: center;"><br />
</div><div class="separator" style="clear: both; text-align: center;"><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;"> “</span><span class="gsstx">A 4</span><span class="gsstx">th</span><span class="gsstx"> wave decline is probably complete at this week’s low</span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;"> and focus is on </span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">the 2011 high at 11080, and </span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">typical Fibonacci relationships; </span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">Wave 5 = 1 at 11153 and wave 5 = 61.8% of waves 1-3 at 11236. These levels intersect the </span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">EW channel on March 7th and March 15th. Risk on longs can be moved to today’s low (10650). The current technical position is exciting for bulls as a 3</span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;">rd</span><span class="gsstx" style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Geneva, Tahoma, sans-serif; font-size: 12px; line-height: 16px; text-align: justify;"> wave may be underway from today’s low. If this assessment is correct, then expect the rally to accelerate in the next few days. A short term objective above 10844 is the 161.8% extension of the 10597-10754 rally, at 10905.”</span> </div><em style="background-color: #f0f0f4; color: #404040; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 12px; text-align: -webkit-auto;"><br />
</em></div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-58979002185353761532012-02-27T21:11:00.000-08:002012-02-27T21:11:32.671-08:00Australian Dollar Outlook - 02/28/2012<div dir="ltr" style="text-align: left;" trbidi="on"><br />
<div style="background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto;"><span style="font-family: Georgia, 'Times New Roman', serif;">The AUD is stronger this morning, currently trading around USD1.0750 after looking markedly weaker during our local trading session yesterday.</span></div><div style="background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto;"><span style="font-family: Georgia, 'Times New Roman', serif;"><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Australia</span>: The explanation for the rally is the increased optimism in the market after <span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Germany</span> signed off on the second bailout package for Greece, as well as the second long-term refinancing operation (LTRO) by the European Central bank taking place on Wednesday.</span></div><div style="background-color: white; border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; text-align: -webkit-auto;"></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: Georgia, 'Times New Roman', serif;">With renewed optimism comes increased demand for riskier assets, such as the AUD, with the heavy demand for our local currency seeing it rise almost 1% from yesterday's close. While many thought that yesterday's weakness was related to the uncertainty around the political stoush between Julia Gillard and Kevin Rudd, price action with the USD/JPY was more likely the influencing factor.</span></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: Georgia, 'Times New Roman', serif;">We are hopeful that now a resolution has been reached in Canberra, that the government can now return the focus to running the country in an effective manner. There is no local data due for release during our trading session today, therefore we expect the AUD to remain in a fairly tight trading range, and follow equity markets as well as offshore developments.</span></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: Georgia, 'Times New Roman', serif;">Majors: Improved data out of the US has reversed earlier losses, causing a rebound in equity markets as the sentiment in the region continued to recover. It was housing data that provided the buoyancy, with pending home sales rising by 2% in January, well above the market expectations of a 1% rise.</span></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: Georgia, 'Times New Roman', serif;">Historical data was also revised upwards for the month of December. January's result sees the housing re-sale data the highest it's been in 2 years. This boosted the S&P500 above 1,370.58 for the first time since June 2008. It wasn't the same across the Atlantic Ocean, with equity markets in Europe retreating, despite the bailout agreement being signed by German officials.</span></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: Georgia, 'Times New Roman', serif;"><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Germany</span>'s DAX fell 0.2% and the <span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">FTSE</span> 100 also closed down 0.3% at 5916. Oil prices have been a concern of late, as<br style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" />many believe that the increasing price of the commodity will hurt global growth, especially in the US.</span></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-color: initial; border-image: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span style="font-family: Georgia, 'Times New Roman', serif;">It was reported last week that the oil price had risen to a 10-month higher of USD125.00 / barrel, but prices have since declined back to be below USD110.00.</span></div><br />
<br />
</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-34849446559258914772012-02-24T23:16:00.000-08:002012-02-24T23:16:01.549-08:00Meaning of Maha Mrityunjaya Mantra<div dir="ltr" style="text-align: left;" trbidi="on"><br />
<div style="direction: ltr; font-family: Arial, Helvetica, sans-serif; line-height: 1.8;"><span class="Apple-style-span" style="color: #333333; font-size: 12px; line-height: 14px;"> ॐ त्र्यम्भाकम यजामहे , सुगंधिम पुष्टिवर्धनम ,<br />
उर्वारुकमिव बन्धनं , मृत्योर मुक्षीय मामृतात l</span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-Vc4FzL5gLb8/T0iKi_ynI_I/AAAAAAAAALg/yAGNmPj7inY/s1600/MahaMrityunjay.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="341" src="http://2.bp.blogspot.com/-Vc4FzL5gLb8/T0iKi_ynI_I/AAAAAAAAALg/yAGNmPj7inY/s400/MahaMrityunjay.jpg" width="400" /></a></div><div style="direction: ltr; font-family: Arial, Helvetica, sans-serif; line-height: 1.8;"><span class="Apple-style-span" style="color: #333333; font-size: 12px; line-height: 14px;"><br />
</span></div><div style="direction: ltr; font-family: Arial, Helvetica, sans-serif; line-height: 1.8;"><span class="Apple-style-span" style="color: #333333; font-size: 12px; line-height: 14px;">"om tryambhakam yajamahe, sugandhim pushtivardhanam,<br />
urvarukamiva bandhanan, mrityor mukshiya maamritat."</span></div><div style="direction: ltr; font-family: Arial, Helvetica, sans-serif; line-height: 1.8;"><span class="Apple-style-span" style="color: #333333; font-size: 12px; line-height: 14px;"><br />
</span></div><div style="direction: ltr; font-family: Arial, Helvetica, sans-serif; line-height: 1.8;"><span class="Apple-style-span" style="color: #333333; font-size: 12px; line-height: 14px;"><span class="Apple-style-span" style="color: black; font-family: 'times new roman'; font-size: 16px; line-height: normal;"><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">OM</h2><img class="fldi" src="http://shivamantras.com/images/om.gif" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><div class="fldi sm-left-matter" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 549px;"><h3 class="fldi sm-text" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 5px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 499px;">Om is the absolute reality. It is said to be "Adi Anadi", without beginning or the end and embracing all that exists. Om is beyond any limit, transcendental, and indestructible. OM represents the wholeness of the universe and the eternal vibratory sound of brahman (the universal soul) that permeates it. Indeed, Om is called shabdabrahman, the sound-form of brahman. Om is a mystical or sacred syllable. The syllable is taken to consist of three phonemes, a, u and m, variously symbolizing the Three Vedas or the Hindu Trimurti or three stages in life (birth, life and death ). A-U-M represents the divine energy (Shakti) united in its three elementary aspects: Bhrahma Shakti (creation), Vishnu Shakti (preservation) and Shiva Shakti (liberation).</h3></div><div class="fldi right-matter" style="display: inline; float: left;"><img class="fldi" src="http://shivamantras.com/images/om-big.jpg" style="display: inline; float: left; position: relative; top: -26px;" /></div><h3 class=" fldi sm-imp-text" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-weight: bold; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 2px; padding-left: 25px; padding-right: 25px; padding-top: 2px; text-align: left; vertical-align: middle; width: 890px;">In upanishads and sutra:</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">Om consists of the three sounds a (a-kara), u (u-kara), m (ma-kara). A-kara means form or shape like earth, trees, or any other object. U-kara means formless or shapeless like water, air or fire. Ma-kara means neither shape nor shapeless (but still exists) like the dark matter in the Universe. When we combine all three syllables we get AUM which is a combination of A-kara, U-kara, and Ma-kara.</h3><h3 class=" fldi sm-imp-text" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-weight: bold; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 2px; padding-left: 25px; padding-right: 25px; padding-top: 2px; text-align: left; vertical-align: middle; width: 890px;">According to the Mandukya Upanishad</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">Om is both atman and brahman: it is the past, the present and the future, as well as all that transcends time.</h3><h3 class=" fldi sm-imp-text" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-weight: bold; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 2px; padding-left: 25px; padding-right: 25px; padding-top: 2px; text-align: left; vertical-align: middle; width: 890px;">In Purana</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">Aum or Om is the mystic name for the Hindu Trimurti, and represents the union of the three gods, viz. a for Brahma, u for Vishnu and m for Mahadev which is another name of Shiva. The three sounds also symbolize the three Vedas (Rigveda, Samaveda, Yajurveda).</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">Om is the mantra of assent. It means yes and affirms and energizes whatever we say after it. That is why all mantras begin with OM. OM is also the mantra of ascent and causes our energy to rise upward into the infinite. By reciting Om, a person gains access to the powers of the universe; and meditation on Om is said to lead to enlightenment and immortality. OM is expansive and increases the fire, air and ether elements, particularly ether. It also gives strength, protection and grace.</h3></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">Tryambakam</h2><img class="fldi" src="http://shivamantras.com/images/tryambakam.jpg" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h3 class=" fldi sm-imp-text" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-weight: bold; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 2px; padding-left: 25px; padding-right: 25px; padding-top: 2px; text-align: left; vertical-align: middle; width: 890px;">Tryambak = trya + amba = three amba</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;"><b>‘Three Amba'</b> are the <b>three Shaktis</b> (the power) signifyin</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">‘'will power' (iccha shakti)</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">power of work’ (kriya shakti)</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">power of wisdom (gyana shakti).</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">These three shaktis are the creators of this whole world, and the one who has these three is called tryambak.</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">Tryambak also refers to <b>the three eyes of shiva as 'Trya' means 'Three' and 'Ambakam' means eyes.</b> Three eyes of shiva also refer to <b>fire, sun and moon.</b>Maharshi Kapil defines these eyes as <b>sattva, raja and tamo guna.</b> So we can say that the one who is beyond all gunas is tryambak.</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">According to Astrologers, past, present and future are the eyes of the mahakaal tryambak. Thus it can be said that the one who exists in <b>past, future and present,</b>and is omniscient, omnipresent and omnipotent is tryambak.<br />
In vedanta - <b>chitta, ego and buddhi</b> are the three eyes of Shiva. Yogis define 'A', 'U' and 'M' as eyes of shiva. Tryambak is the father of the three worlds - <b>bhu, bhuva and svarga lokas (planes of existence)</b>. He is the lord of the <b>three heavens</b> created by the dominance of the three Gunas - Rajas, Satva and Tamas.</h3></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">Yajamahe</h2><img class="fldi" src="http://shivamantras.com/images/yajamahe.gif" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">By chanting the Maha Mrityunjaya Mantra we surrender to Lord Trayambak establishing a connection with Him. Here the root yaja means to sacrifice for the communion with divinity and yajamahe means ‘performing yagya’. Yagya is the tradition that follows from the Vedas. It is the act of offering oblations to propitiate a deity. Thus Yajamahe refers to the desire to make a connection with the lord who is the origin of light, nectar and life by sacrificing and offerings (havan samagri).</h3></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">Sugandhim</h2><img class="fldi" src="http://shivamantras.com/images/sugandhim.gif" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">'Sugandhim' refers to the fragrance of the flower that spreads in all directions. Similarly, He - The Supreme God is present in all the bhutas (modes of existence), in the three Gunas (nature of creation as being Satva, Rajas or Tamas), in the ten indriyas (five gyana-indriyas or senses and five karma-indriyas or organs of action), in all the devas (33 devas are the source of all illumination and enlightenment) and the ganas (hosts of demi-gods), He exists and pervades as the illumine atma (soul) and is their essence. He is spreading His fragrance all around and making us as fragrant as He is. Fragrance refers to the joy within Him. we all are bathing in His Fragrance, the real joy. Our self is true and pure as He is. No one can deteorite the true self.</h3></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">Pustivardhanam</h2><img class="fldi" src="http://shivamantras.com/images/pushtivardhanam.gif" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h3 class=" fldi sm-imp-text" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 14px; font-weight: bold; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 2px; padding-left: 25px; padding-right: 25px; padding-top: 2px; text-align: left; vertical-align: middle; width: 890px;">Pushti + vardhnam = pushtivardhanam</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">Tantric refers pushti as Shakti, In puranic language pushti is maya-( ). Philosphers (tatva chintak) refers it as ‘Nature’. Thus, here <b>pushti indicates the shakti- the power - the nature and the one who expands/ enhances the pushti is called pustivardhanam</b>. The one who transforms subtle forms into gross forms and expands the nature into many new forms by his creation is God. God is the sustainer of all beings who has created the entire creation starting from mahatatva (primordial state of matter/energy) to the individual parts. He is the sustainer of the world, the father of all.</h3></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">Urvarukamiv Bandhnan</h2><img class="fldi" src="http://shivamantras.com/images/bandhnan.gif" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">We bound by many diseases (approx 100 are in vedas) influenced (negative) by three doshas (imbalance of five elements earth, space, air, water and fire), fear of death, eight type of Agyana (ignorance) and the cycle of birth and death. We are living in the falsehood and are unable to perceive the all pervading God. We are bound by shadripu, the six demons of attachment, lust, greed, ego, anger and</h3></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h2 class="fldi sm-detail-head" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 26px; font-weight: bold; line-height: 40px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 25px; padding-right: 25px; padding-top: 0px; vertical-align: middle; width: auto;">Mrityormukshiya Ma Amritat</h2><img class="fldi" src="http://shivamantras.com/images/Mrityormukshiya.gif" style="display: inline; float: left;" /></div><div class="fldi sm-matter-inner" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;">O God I wish to be free from the all negativities and to be in real joy. Please take me out of all weakness and the never ending cycle of birth and death. Free me from the fear of diseases and death for the sake of immortality (Moksha, Nirvana or final emancipation from re-birth).</h3><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;"><b>ma amritat</b> means 'please give me some Amritam (life rejuvinating nectar). It means that we are praying for some 'Amrit' to get out of the death inflicting diseases as well as the cycle of re-birth. and to be one with the supreme being, Shiva in the same way as the cucumber fruit (urvaru) gets separated from its stalk.</h3><div class="separator" style="clear: both; text-align: center;"><a href="http://3.bp.blogspot.com/-vmdHxoRLPJo/T0iKVISozdI/AAAAAAAAALY/T2s4ttSXJlA/s1600/shiva_meditation.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="266" src="http://3.bp.blogspot.com/-vmdHxoRLPJo/T0iKVISozdI/AAAAAAAAALY/T2s4ttSXJlA/s400/shiva_meditation.jpg" width="400" /></a></div><h3 class="fldi sm-text-big" style="color: #333333; display: inline; float: left; font-family: Arial, Helvetica, sans-serif; font-size: 12px; font-weight: normal; line-height: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 15px; padding-bottom: 3px; padding-left: 25px; padding-right: 25px; padding-top: 3px; text-align: left; vertical-align: middle; width: 890px;"><br />
</h3><div><span class="Apple-style-span" style="color: #333333; font-family: Arial; font-size: 12px; line-height: 14px;"><br />
</span></div></div><div class="fldi sm-matter-inner top-margin" style="display: inline; float: left; height: auto; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 40px; overflow-x: visible; overflow-y: visible; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; width: 940px;"></div></span></span></div></div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-69238802590954678912012-02-22T20:44:00.000-08:002012-02-22T20:44:05.051-08:00Australian Dollar Outlook - 02/23/2012 ;<div dir="ltr" style="text-align: left;" trbidi="on"><div style="text-align: left;"><span class="Apple-style-span" style="font-family: Arial; font-size: 14px; line-height: 21px;"> <span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px; font-size: 13px; line-height: normal; white-space: pre;">International Business Times</span></span></div><div style="text-align: left;"><span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px; font-family: Arial; font-size: 13px; white-space: pre;"><br />
</span></div><span class="Apple-style-span" style="font-family: Arial; font-size: 14px; line-height: 21px;">The <span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Australia</span>n dollar has had a relatively quiet trading session overnight, despite<br style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;" />the political uncertainty created by Kevin Rudd's resignation as Foreign Minister late yesterday.</span><br />
<span class="Apple-style-span" style="font-family: Arial; font-size: 14px; line-height: 21px;"><span class="Apple-style-span" style="font-size: 12px; line-height: 17px;"></span></span><br />
<div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><br />
</div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Australia</span>: Housing data released in the US overnight was received quite well by the market, and as a result, commodity prices were pushed a little higher and the AUD found some buying interest.</div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">However, the local unit is looking a little heavy this morning, and the ongoing speculation over the Labor leadership has the potential to add to AUD volatility in the short term.A number of forecasters are looking for a short term pull back in the AUD.</div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Yesterday's release of a <span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">HSBC</span> Chinese purchasing manager's index wasn't overly encouraging, with a final figure of 49.7 in February, following on from a 48.8 figure in January. Any result below 50 is considered to be a sign of contraction. <span class="tpk" style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; font-family: Arial, Helvetica, sans-serif; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">China</span> is Australia's biggest trading partner and any sign of slowing growth within their economy will more than likely take some of the momentum out of the AUD's recent rally.</div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><span class="Apple-style-span" style="font-size: 12px; line-height: 17px;"></span></div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Majors: Developments in Europe continue to grab the international headlines. Despite the EUR130bio Greek aid agreement reached earlier this week investors remained concerned that the austerity measures that have been agreed for the Greek economy will be very difficult to implement.</div><div style="border-bottom-style: none; border-bottom-width: 0px; border-color: initial; border-left-style: none; border-left-width: 0px; border-right-style: none; border-right-width: 0px; border-top-style: none; border-top-width: 0px; color: black; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; line-height: 1.5em; list-style-image: initial; list-style-position: initial; list-style-type: none; margin-bottom: 1em; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: none; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Ratings agency Fitch cut Greece's credit rating to C from CCC, stating that a default by Greece is likely in the near term. The economic environment in the US continues to improve, albeit at quite a slow pace. US existing home sales increased by 4.3% in January - the highest figure in almost two years. In the UK, BoE minutes indicated that some members favour further quantitative easing, which sparked a sell-off in the GBP.</div><br />
</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-58048059297701362242012-02-20T01:54:00.000-08:002012-02-20T01:54:18.019-08:00The Art of Exiting a Trade ; Richard Krivo, Trading Instructor<div dir="ltr" style="text-align: left;" trbidi="on"> <span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0; border-collapse: separate; color: #404040; font-family: Verdana; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"></span><br />
<div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><em><span class="gsstx">Most newer traders tend to concentrate on ways to enter a trade and place virtually all of their focus on that aspect of trading.</span><span class="gsstx"><span class="Apple-converted-space"> </span>While entries are important, experienced traders will agree that managing and exiting a trade will have a greater impact on the level of success a trader may achieve.</span></em></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx" style="color: black;">One of the most effective methods for exiting a trade is simply to employ a Risk Reward Ratio on the trade. By doing so, there is no question of when to exit</span><span class="gsstx" style="color: black;">.</span><span class="gsstx" style="color: black;">If the limit is hit</span><span class="gsstx" style="color: black;">, you are profitably out of the tra</span><span class="gsstx" style="color: black;">de. If the stop is hit, you are out of the trade with a small, manageable loss.<span class="Apple-converted-space"> </span></span><span class="gsstx" style="color: black;">This plan is very straight forwa</span><span class="gsstx" style="color: black;">rd and it eliminates the chance of your emotions taking control</span><span class="gsstx" style="color: black;">.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx" style="color: black;">For example, if a trader were to employ a<span class="Apple-converted-space"> </span></span><span class="gsstx" style="text-decoration: underline;">1:2 Risk Reward Ratio</span><span class="gsstx" style="color: black;"><span class="Apple-converted-space"> </span>on a trade (the minimum that we would recommend), and a 100 pip stop were set, then a 200 pip limit would be set. With that done, just let the trade run until you are either stopped out or limited out on the trade.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx" style="color: black;">Here is another method that could be employed if a trader were trading multiple lots.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx" style="color: black;">Using this scenario, a trader would open, let's say, two lots on a trade. At a</span><span class="gsstx" style="color: black;"><span class="Apple-converted-space"> </span>predetermined</span><span class="gsstx" style="color: black;"><span class="Apple-converted-space"> </span>level of profitability, perhaps 75 pips, one of the lots would be closed...thereby locking in that amount of profit. On the remaining lot, the stop would be moved to break even...the point at which the trade was entered. Then, should that lot move in the favor of the tr</span><span class="gsstx" style="color: black;">ader, the stop could be<span class="Apple-converted-space"> </span></span><span class="gsstx" style="text-decoration: underline;"><u>trailed</u></span><span class="gsstx" style="color: black;"><span class="Apple-converted-space"> </span>periodically to continue to lock in profit. The worst that would happen on the second lot would be that if the trade would do an about face</span><span class="gsstx" style="color: black;">,</span><span class="gsstx" style="color: black;"><span class="Apple-converted-space"> </span>the trader would be stopped out at break even...no gain on that lot but no loss either.</span><span class="gsstx" style="color: black;">Also, a</span><span class="gsstx" style="color: black;"><span class="Apple-converted-space"> </span>trader could simply observe levels of<span class="Apple-converted-space"> </span></span><span class="gsstx" style="text-decoration: underline;">support and resistance</span><span class="gsstx" style="color: black;">. As their trade is approaching levels of significant support or resistance, they could exit all or a portion of their position at that<span class="Apple-converted-space"> </span></span><span class="gsstx" style="color: black;">level</span><span class="gsstx" style="color: black;">, or perhaps simply tighten their stops. By so doing, should the pair hit the support/resistance level and retrace, a major portion of their profit would be protected and should the pair breakth</span><span class="gsstx" style="color: black;">r</span><span class="gsstx" style="color: black;">ough and continue on, they would still be in the trade.</span></div></div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0tag:blogger.com,1999:blog-6749994748719234931.post-88618949047291280302012-02-20T01:47:00.000-08:002012-02-20T01:47:08.809-08:00FOREX: US Dollar Slumps on China Rate Cut, Greek Bailout Deal Hopes<div dir="ltr" style="text-align: left;" trbidi="on"> <span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0; border-collapse: separate; color: #404040; font-family: Verdana; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"></span><br />
<div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx" style="font-weight: bold; text-decoration: underline;">Talking Points</span></div><ul class="gsstx" style="list-style-image: initial; list-style-position: initial; list-style-type: disc; margin-bottom: 15px; margin-left: 15px; margin-right: 1em; margin-top: 1em; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><li class="gsstx" style="-webkit-background-clip: initial; -webkit-background-origin: initial; background-attachment: initial; background-color: white; background-image: url(http://www.dailyfx.com/design/fxcm/css/none); background-position: initial initial; background-repeat: initial; font-weight: normal; list-style-image: initial; list-style-position: outside; list-style-type: disc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 3px; padding-left: 0px; padding-right: 0px; padding-top: 3px;"><span class="gsstx" style="font-size: 12px; font-weight: bold;">Dollar, Yen Slump in Asia as China Cuts Reserve Requirement Ratio by 50bps</span></li>
<li class="gsstx" style="-webkit-background-clip: initial; -webkit-background-origin: initial; background-attachment: initial; background-color: white; background-image: url(http://www.dailyfx.com/design/fxcm/css/none); background-position: initial initial; background-repeat: initial; font-weight: normal; list-style-image: initial; list-style-position: outside; list-style-type: disc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 3px; padding-left: 0px; padding-right: 0px; padding-top: 3px;"><span class="gsstx" style="font-size: 12px; font-weight: bold;">Eurozone FinMin Summit in Focus as Traders Wait for Greek Bailout Accord</span></li>
<li class="gsstx" style="-webkit-background-clip: initial; -webkit-background-origin: initial; background-attachment: initial; background-color: white; background-image: url(http://www.dailyfx.com/design/fxcm/css/none); background-position: initial initial; background-repeat: initial; font-weight: normal; list-style-image: initial; list-style-position: outside; list-style-type: disc; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 3px; padding-left: 0px; padding-right: 0px; padding-top: 3px;"><span class="gsstx" style="font-size: 12px; font-weight: bold;">Risk Appetite Expected to Falter Again, Yielding Dollar Buying Opportunities</span></li>
</ul><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx">The<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-weight: bold;">US Dollar</span><span class="gsstx"><span class="Apple-converted-space"> </span>and<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-weight: bold;">Japanese Yen</span><span class="gsstx"><span class="Apple-converted-space"> </span>fell against their major counterparts as stocks rose in overnight trade, marking an improvement in risk appetite to start the trading week and sapping demand for the go-to safe haven currencies. The MSCI Asia Pacific regional benchmark equity index rose 0.9 percent after</span><span class="gsstx" style="font-weight: bold;">China</span><span class="gsstx"><span class="Apple-converted-space"> </span>cut the reserve-requirement ratio for the country’s banks by 50bps effective February 24. The move increases the supply of loan-able funds by allowing banks to lend out a greater percentage of their deposits, reducing borrowing costs with the hope of stoking economic activity.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx">Optimism was compounded by hopeful anticipation of a final deal on the second Greek bailout package as<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-weight: bold;">Eurozone finance ministers</span><span class="gsstx"><span class="Apple-converted-space"> </span>gather for a meeting in Brussels today. Traders are betting the sit-down will culminate in the provision of €130 billion in EU/IMF funding to stave off a Greek default as a large tranche of maturing debt comes due on March 20. The accord must deliver on two elements: Athens has to iron out the terms of a bond swap with its private-sector creditors – a scheme meant to ease its debt burden by dismissing as much as 70 percent of what is owed and exchanging the rest for longer-dated paper – as well as put to rest EU officials’ concerns about implementation of new austerity measures.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx">T</span><span class="gsstx">he long history of flawed fixes to the debt crisis unveiled over the past three years<span class="Apple-converted-space"> </span></span><span class="gsstx">suggests that</span><span class="gsstx"><span class="Apple-converted-space"> </span>the very existence of an accord is likely to prove initially supportive for risk appetite</span><span class="gsstx">, regardless of its merits</span><span class="gsstx">. This spells trouble for<span class="Apple-converted-space"> </span></span><span class="gsstx">safe-haven currencies at least at the onset, but that is unlikely to last.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"> <span class="Apple-style-span" style="-webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0; border-collapse: separate; color: #404040; font-family: Verdana; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 16px; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"></span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx">As we</span><span class="gsstx" style="text-decoration: underline;"> discussed earlier</span><span class="gsstx">, a Greek default (even a disorderly one) is no longer the danger it once was considering EU banks borrowed enough capital through the ECB’s 3-year LTRO in December to assure a credit squeeze would probably not materialize. This means whatever EU officials come up with will not amount to a meaningful change in the existing fundamental landscape, with traders quickly shifting their focus back to the overall macroeconomic landscape.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx">On balance, it seems likely that this transition will prove negative for risk appetite. Economists’ forecasts suggest the Eurozone – collectively the world’s largest economy – will sink into recession this year, severely denting global performance expectations as a whole. Indeed, economists’ median world GDP expectations for 2012 have been sinking precipitously since early August. The reemergence of this stark reality is likely to be punishing for the<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-weight: bold;">Euro</span><span class="gsstx"><span class="Apple-converted-space"> </span>as well as sentiment-sensitive currencies like the<span class="Apple-converted-space"> </span></span><span class="gsstx" style="font-weight: bold;">Australian, New Zealand and Canadian Dollars</span><span class="gsstx">. With this in mind, we are<span class="Apple-converted-space"> </span></span><span class="gsstx" style="text-decoration: underline;">looking for US Dollar buying opportunities</span><span class="gsstx"> to emerge in the days ahead.</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"><br />
</span></div><div class="separator" style="clear: both; text-align: center;"><a href="http://2.bp.blogspot.com/-_Q3xs03kXIU/T0IVZ_YiiEI/AAAAAAAAALQ/xtIjLgaEKTQ/s1600/2012-02-20_15-10_FOREX-+US+Dollar+Slumps+on.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="322" src="http://2.bp.blogspot.com/-_Q3xs03kXIU/T0IVZ_YiiEI/AAAAAAAAALQ/xtIjLgaEKTQ/s400/2012-02-20_15-10_FOREX-+US+Dollar+Slumps+on.jpg" width="400" /></a></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"><br />
</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"><u><strong>Critical Level</strong></u></span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"><br />
</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"> CCY Support Resistance </span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"> EURUSD 1.3104 1.3234</span></div><div class="gsstx" style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 4px; padding-left: 4px; padding-right: 4px; padding-top: 4px;"><span class="gsstx"> GBPUSD 1.5791 1.5898 </span></div><span class="gsstx"><br />
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</div>Ms. Kaushal :)http://www.blogger.com/profile/09428253457185564814noreply@blogger.com0