Be prepared to see some selling pressure in the next 3 weeks. Short term view is still bearish, however the long term view is still bullish as the KLCI is still trading above the 200-day Moving Average.
Traditionally, printing money supposed to be the last resort to the monetary policy. However from the recent sovereign debt crisis in the Euro zone and the U.S., we can see these policy makers are embarking on large scaled quantitative easing process to avert the collapse in the financial system. The US embarked on the QE1 and QE2 with each over US$1 trillion respectively in the last 2 years, similarly, the Bank of England had its first QE1 in Mar 2009 and the QE2 in Oct 2011 with £75b and £50b respectively. And recently, in saving the mess in the Euro zone, the ECB has engaged in the so called long-term refinancing operations (LTRO) which is equivalent to the back-door quantitative easing, with €409b and €529b for the last 2 months. Essentially, what is QE and LTRO? QE refers to the central bank implements quantitative easing by purchasing financial assets from commercial banks and other private sector businesses with printing new money. While LTRO refers to the central bank lending...
To get the best hospital coverage quote, you need to do some checking of different features. There are 5 great ways you can get the best deals and the coverage that you really need. #1 Look Online at Sites When you checkout sites online, you can quickly compare what different hospital coverage plans offers. You can submit your information to get no obligation quotes. You can also see information online that helps you to find out what other companies have to say about a given provider. You can get the pros and cons from those that have had to rely on their services. Make sure you read the fine print too on what they state they offer so that you don’t get mixed up with coverage that is lacking. #2 Be Honest Even though you don’t have to do a physical exam to get a hospital plan , you do need to be honest about the information you share. You need to declare any lifestyle choices that you take part in such as drinking or smoking. Be honest about your weight, your physical activ...
More and more people are asking me about forex trading, whether it is a sound investment and how they can be successful in forex trading. Personally I think investors are good to expose themselves to various forms of investment as ways to diversify their portfolio provided they understand very well the risk involved in each type of investment. Forex trading involves higher risk than the usual equity investment that requires certain trading skills and discipline. Of course all these can be trained as you go along in the journey of trading, be it forex, futures or equity trading. So if you were to ask me if it is a sound investment, my answer is "Yes" if you trade with a plan, this plan must state clearly your entry price, target price, and your stop loss. Next, I would like to share with you my personal views on how to be a winner in world of forex trading. Big Picture Too many traders get too detail in the day to day, minute to minute trading which often make one get confused...
Comments
Post a Comment