Ray Steve
Ray Steve
Ray Steve
High-frequency trading is the latest craze hitting the market. Popularized by Michael Lewis’s Flash Boys, high-frequency or high-speed trading involves the use of sophisticated technological tools and computer algorithms to rapidly trade securities...
Ray Steve
Apple announced that App Store has added China UnionPay as a payment option for customers. UnionPay is the most popular payment card in China and will provide App Store customers with a simple and more convenient way to purchase their favorite apps...
Ray Steve
Trade Mindfully: Achieve Your Optimum Trading Performance with Mindfulness and "Cutting Edge" Psychology by Gary Dayton Overcome psychological obstacles to increase trading success Successful traders need to be well-versed and skilled in a wide range of business and economic areas...
Ray Steve
Twitter reported slowing user growth setting up that stock to open down 13% the following day. Tuesday Facebook told investors that its costs will rise between 50% and 70% next year — shares opened down 6.6% Wednesday...
Ray Steve
Facebook (FB) is positioned for a jump after earnings this quarter. The set up looks so good, it may be too perfect...
Ray Steve
There are 4 main types of moving averages: Simple moving average Exponential moving average Smoothed moving average Linear weighted moving average...
Ray Steve

What are interest rates?

26 September 2014, 03:11
Future interest rate expectations take precedence over the headline rate If a country has a high interest rate, but no further increases are expected, the currency can still fall...
Ray Steve
Seeing that there are actually ways to make money in September is an important realization for investors who adhere to the adage, “Sell in May and go away.” September lands during the time of the year some investors start getting fearful of big corrections — or worse...
Ray Steve

The Definition of Trend

3 September 2014, 13:11
DEFINITION OF TREND An uptrend consists of higher highs and higher lows...
Ray Steve
Jennifer Lawrence, Kate Upton and Ariana Grande are among the high-profile celebrities who apparently fell victim to a massive alleged iCloud hack late Sunday night, when someone exposed collections of nude photos that they had purportedly saved on their Apple devices...
Ray Steve
Since entering the financial markets in 1969, Martin J. Pring has become a leader in the global investor community. He is the chairman of a conservative money management firm, Pring Turner Capital...
Ray Steve
The IMF’s latest international gold reserves data, updated yesterday, shows that in July, Russia raised its official gold reserves to 35.5 million ounces (1,104 tonnes...
Ray Steve
India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5...
Ray Steve
After many years of trading, you’ll be hard pressed to find an indicator as simple or effective as moving averages. Moving averages take a fixed set of data and give you an average price. If the average is moving higher, price is in an uptrend on at least one or possibly multiple time-frames...
Ray Steve
One of the most popular currency trading strategies in recent history, the carry trade has been successfully used by traders for years. With recent market conditions, this very popular strategy is beginning to look like a losing proposition...
Ray Steve
“Of note is a weekly outside reversal and weekly RSI rolling over from above 70 this week. Prior instances of RSI rolling over (2004, 2006, and 2007) from above 70 indicated tops of at least several months.” GBPUSD has traded back to the year open (1.6565). 1.6565 to the March low (1...
Ray Steve
Martin is definitely the most unusual trader. It's not so much his background. Though he did get to work for a while for Sir James Goldsmith, the billionaire corporate raider who was feared in corporate boardrooms on both sides of the Atlantic during the eighties...
Ray Steve
EURGBP Technical Strategy: Flat Support: 0.7973, 0.7954, 0.7935 Resistance:0.8007, 0.8031, 0.8050 The Euro began edging higher against the British Pound as expected after prices produced in a bullish Morning Star candlestick pattern. A pullback now sees prices testing support at 0...
Ray Steve
Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) is sitting on $50 billion which is a lot of cash to say the least. That money pile could buy a lot of businesses. He could go out and purchase a few really good companies, outright. But he's not buying much of anything...
Ray Steve

CRUDE OIL TECHNICAL ANALYSIS

21 August 2014, 08:11
Prices are testing support at 101.61, the 61.8% Fibonacci expansion, with a break below that on a daily closing basis exposing the 76.4% level at 99.96. Positive RSI divergence points to ebbing downside momentum however, warning a bounce may be ahead. A move above the 50% Fib at 102...
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