October 2012 - ForexAbode.com.

Hedge Funds – Where are the Customers’ Yachts?

October 30, 2012 8:18 am GMT+0  in Hedging and Hedge Funds

An oft-quoted nugget from financial literature goes as follows: A young man, about to be recruited into the financial markets, was being shown around New York and was shown some smart yachts anchored at the Battery. “Those are the yachts owned by the bankers, and there, those are the ones owned by the brokers,” said […]

Weekly Forex Outlook

October 29, 2012 12:37 am GMT+0  in Forex Analysis

This weekend’s outlook for various currency pairs come with some interesting charts. Please check the same at: GBP/USD Outlook EUR/USD Outlook USD/JPY Outlook EUR/JPY Outlook GBP/JPY Outlook AUD/USD Outlook USD/CHF Outlook AUD/JPY Outlook

Hurricane Sandy Closing in and Closing Down

October 28, 2012 11:57 pm GMT+0  in Miscellaneous

Hurricane Sandy is on it’s way and is expected to hit Southern New Jersey early on October 30. It is then expected to turn into a “Frankenstorm”, a new term conceived last week only as probably this is the first time this phenomenon will be witnessed by the modern world. What is Frankenstorm? One major storm […]

The Story of Bridgewater Associates – Hedge Funds

October 28, 2012 5:59 pm GMT+0  in Hedging and Hedge Funds

From a January, 2008, newsletter by Bridgewater Associates cited in The New Yorker: “If the economy goes down, it will not be a typical recession.” Rather, it would be a disaster in which “the financial deleveraging causes a financial crisis that causes an economic crisis. . . . This continues until there is reflation, currency […]

USDJPY Bearish Engulfing – Potential Interim Reversal at 80.00 Handle

October 27, 2012 6:43 pm GMT+0  in Forex Analysis

USDJPY Bearish Engulfing – Potential Interim Reversal at 80.00 Handle USD/JPY printed a bearish engulfing candle at the 80.00 handle – a key psychological level for the dollar/yen currency pair.  The bearish engulfing line is a technical chart pattern which consists of a white/upside candle, which is then followed by a black candlestick that has completely eclipsed the […]

Hedge Funds – The Story of Long Term Capital Management

October 26, 2012 10:15 am GMT+0  in Hedging and Hedge Funds

            This chapter is all about how a seemingly ‘can’t-do-wrong’ hedge fund went bust, and whose sheer size sent tremors down Wall Street and the financial markets, so much so that the government had to step in and take matters in hand to avoid a financial meltdown. Long Term Capital […]

Gold Tech/Sentiment Update – 25/10/12

October 25, 2012 9:52 pm GMT+0  in Trading with Other Commodities

Gold Tech/Sentiment Update – 25/10/12 Gold has continued its recent downside after finding interim resistance near the nine-month highs.  Gold prices have dropped over 5% during the previous 2 weeks. Recent low gold prices might prove to be attractive for potential new buyers.  India’s Diwali festival approaches with a possible increase in demand for the previous […]

Forex Technical Update 25th October 2012

October 25, 2012 9:40 pm GMT+0  in Forex Analysis

EURUSD Technical Update 25th October 2012  Euro/dollar is at present trading close to the weekly lows after a failure to sustain price above the 1.300 resistance level. 1.3000 is a key technical level for the EURUSD.  The current level is marked by the 61.8% Fibonacci retrace of the prior swing higher.   See the EURUSD […]

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USD/JPY Strategic Analysis

October 24, 2012 1:06 pm GMT+0  in Forex Analysis

Reconnaissance USDJPY (79.86) -Against the Japanese yen the dollar changed hands for ¥79.83, little changed from ¥79.85 Tuesday. The U.S. dollar declined in Asian trading hours Wednesday after a preliminary gauge of Chinese manufacturing rose, helping underpin optimism that the world’s second-largest economy is improving. Strategy Demand for riskier assets appeared to grow Wednesday after […]

Hedge Funds – Pros and Cons

October 24, 2012 8:05 am GMT+0  in Hedging and Hedge Funds

              Before you start looking at hedge funds as your ticket to financial nirvana, it would be useful to understand the arguments both for, and against investing in hedge funds. As they say, buyers beware! Hedge Funds – The Arguments “Against” One of the most common grounds for criticising […]

Euro zone Debt Crisis and EUR/USD Outlook – What’s New?

October 23, 2012 11:54 pm GMT+0  in Forex Analysis

EUR/USD had a strong fall, which as of now we will avoid to term as “free fall”. The pair had gone to 1.3139 but could not retest the previous high of 1.3172. This brings the first indication that further consolidation may take. Before analyzing the current price action technically, let’s try to see what  what […]

Types of Hedge Funds

October 23, 2012 2:24 am GMT+0  in Hedging and Hedge Funds

                  Now that you have an understanding of what hedge funds are, let’s look at their different kinds. Hedge fund categories and types Hedge funds may be broadly categorised as follows: Equity – directional hedge funds are focused on stocks and maybe long– or short– oriented. On […]