Shinken Trader

Economic Calander 13 April

Jeff Tie — Sun, 08 Apr 2007 23:38:40 +0000

Date	Time (ET)	Statistic	For	Market Expects	Prior
Apr 11	10:30 AM	Crude Inventories	04/06	NA	4307K
Apr 11	2:00 PM	FOMC Minutes	Mar 21	-	-
Apr 11	2:00 PM	Treasury Budget	Mar	-$90.0B	-$85.3B
Apr 12	8:30 AM	Export Prices ex-ag.	Mar	NA	0.6%
Apr 12	8:30 AM	Import Prices ex-oil	Mar	NA	-0.1%
Apr 12	8:30 AM	Initial Claims	04/07	320K	321K
Apr 13	8:30 AM	Trade Balance	Feb	-$60.5B	-$59.1B
Apr 13	8:30 AM	PPI	Mar	0.7%	1.3%
Apr 13	8:30 AM	Core PPI	Mar	0.2%	0.4%
Apr 13	10:00 AM	Michigan Sentiment-Prel.	Apr	87.5	88.4

US Economic Calander 6 Apr

Jeff Tie — Sun, 01 Apr 2007 23:04:10 +0000

Date	Time (ET)	Statistic	For	Market Expects	Prior
Apr 2	10:00 AM	ISM Index	Mar	51.0	52.3
Apr 3	5:00 PM	Auto Sales	Mar	5.1M	5.1M
Apr 3	5:00 PM	Truck Sales	Mar	7.6M	7.7M
Apr 4	10:00 AM	Factory Orders	Feb	2.0%	-5.6%
Apr 4	10:00 AM	ISM Services	Mar	54.7	54.3
Apr 4	10:30 AM	Crude Inventories	03/30	NA	-846K
Apr 5	8:30 AM	Initial Claims	03/31	NA	308K
Apr 6	8:30 AM	Nonfarm Payrolls	Mar	120K	97K
Apr 6	8:30 AM	Unemployment Rate	Mar	4.6%	4.5%
Apr 6	8:30 AM	Hourly Earnings	Mar	0.3%	0.4%
Apr 6	8:30 AM	Average Workweek	Mar	33.8	33.7
Apr 6	10:00 AM	Wholesale Inventories	Feb	0.4%	0.7%
Apr 6	3:00 PM	Consumer Credit	Feb	$5.0B	$6.4B

Have Realistic Expectances

Jeff Tie — Sun, 01 Apr 2007 04:43:42 +0000

In the newspapers, there are many advertisements that make trading apear to be simple. These advertisements unfortunately promote unrealistic expectations in the minds of new traders.

Everyone should have realistic expectations when they start out in any endeavour. (more…)

Teaching Shinkendo in Indonesia

Jeff Tie — Tue, 27 Mar 2007 15:11:12 +0000

I was invited to a 2 day teaching seminar held in Jakarta. The new Shinkendo study group has 7 members and is is headed by Chris Kinetik, who is a skilled Aikido practitioner.

The seminar went well, with the 2 day seminar covering material that is normally taught over two months! I remember how it was like for me when I first started, with so many new terms, concepts and techniques. The Indonesian group is very enthusiastic, and they have asked me to visit them again in July. If they practice well, they may even qualify for Shinkendo’s first ranking.

Our attitudes to Age

Jeff Tie — Thu, 15 Mar 2007 03:19:55 +0000

George Carlin on age.
(Absolutely Brilliant)

IF YOU DON’T READ THIS TO THE VERY END, YOU HAVE LOST A DAY IN YOUR
LIFE. AND WHEN YOU HAVE FINISHED, DO AS I AM DOING AND SEND IT ON. (more…)

Physical Excercise benefits traders

Jeff Tie — Tue, 13 Mar 2007 10:04:37 +0000

Stuart McPhee, private trader, author and trading coach,
explains how traders can prepare their minds for top performance
through physical exercise. I therefore suggest Shinkendo…
(more…)

The Utility of Money Management and Trading Pyschology

Jeff Tie — Sun, 11 Mar 2007 14:43:55 +0000

This morning’s New Paper on Sunday featured how a new trader allowed the siren song of his initial success to lull him into the treacherous rocks of financial ruin. He turned his initial 80,000 profit into a loss in excess of 700,000. The market gives, and the market takes it all away it you allow it to happen, and human nature will always see this story repeating itself. Sad, but true

The start of the Bear Market?

Jeff Tie — Wed, 28 Feb 2007 04:38:41 +0000

Based on the 12M chart of the Dow Jones Index, the market flirted with the Maximun Extension but has failed to close above it. The 416 point drop seen on 27 Feb is in line with the view that the market is at Range top.

Unhappiness and how it can affect trading pyschology

Jeff Tie — Thu, 22 Feb 2007 10:27:13 +0000

This is a very interesting article on human emotion. I sourced this from Elliot Wave International. (more…)

Live Cattle

Jeff Tie — Wed, 21 Feb 2007 13:22:18 +0000

12M is in upswing within 12M range; 13W is also in upswing within 13W range; 18D is in upswing, but has triggered a BarroMetrics Change in trend signal, supported by Demark exhaustion.