RBA Rate Hike Surprise?
01/02/10 22:29
Traders...
Todays Forex Notes Below "Bobsledding".
Come Bobsledding with World Cup Champion, Chris Lori!
Hey Traders!
My old teammates and I rent the Calgary Olympic bobsled track for a few hours and have a blast. We take the opportunity to take down our friends who have always asked if they can have a ride down. You won't sleep for 3 days after this experience! It is entirely a non profit cost sharing event. The cost is $75 per ride. Public rides on any other track are at least $250 and not nearly as intense. This is the closest you will ever come to the actual athletic experience of being in a World Cup or Olympic competition. Make sure you have your mommy's permission!
We will be joined by a few FX guys, as well, so pull yourself away from the charts and come join us!
Details:
Date: Feb 9, 2010
Time: 2pm - 4:30pm
Location: Canada Olympic Park, Calgary, Alberta
Other details: We will be hanging out in beautiful Banff, Alberta the night before. Most of our group are staying at the Buffalo Mountain Lodge.
Please email: info@chrislori.com for more details. This has only been made possible due to cancellations, so there are only a few spots available. First Come First Serve!
Todays Forex Notes:
RBA Rate Hike Surprise?
Read
More...
Come Bobsledding with World Cup Champion, Chris Lori!
Hey Traders!
My old teammates and I rent the Calgary Olympic bobsled track for a few hours and have a blast. We take the opportunity to take down our friends who have always asked if they can have a ride down. You won't sleep for 3 days after this experience! It is entirely a non profit cost sharing event. The cost is $75 per ride. Public rides on any other track are at least $250 and not nearly as intense. This is the closest you will ever come to the actual athletic experience of being in a World Cup or Olympic competition. Make sure you have your mommy's permission!
We will be joined by a few FX guys, as well, so pull yourself away from the charts and come join us!
Details:
Date: Feb 9, 2010
Time: 2pm - 4:30pm
Location: Canada Olympic Park, Calgary, Alberta
Other details: We will be hanging out in beautiful Banff, Alberta the night before. Most of our group are staying at the Buffalo Mountain Lodge.
Please email: info@chrislori.com for more details. This has only been made possible due to cancellations, so there are only a few spots available. First Come First Serve!
Todays Forex Notes:
RBA Rate Hike Surprise?
| UBS
looked at a select number of global equity
indexes and look at the "currency effect" where
they roughly take the difference between the
return in dollar terms and the return in local
currency terms. In 2009, Brazil and Australia
benefited greatly from currency gains but so
far things are not shaping up as clearly. This
is yet another signpost that selectivity will
be key for currency investors and risk-seekers
overall in the months ahead.
|
Chris Lori Bobsleigh Interview
28/01/10 22:51
Chris Speaks on Canada’s Global TV network about the
bobsleigh and the 2010 Vancouver Olympics
China Tightening makes FOMC and RBNZ Combo interesting
26/01/10 23:25
Workshops
Charlotte, NC Workshop and Complete Trading Program
April 16-18
Includes:
* Inside The Banks
* Complete FX Course
* 2 Months PTC
* $500 Rebate option
* and more...
The FOMC moves front and centre Wednesday, having been overshadowed recently by sovereign risks, politics and risk aversion stemming from fears of tightening by the People's Bank of China. Were the Fed to suggest a policy path misaligned with current pricing, already jittery markets could be in for even rockier roads. But the Fed may yet choose to accommodate market pricing, precisely because current growth conditions and general sentiment conditions are unfavourable. After all, the price of a delayed exit seems cheaper than the cost of a 'double dip'. We look at the key issues for tomorrow's decision. (for more details please see UBS Talking Points dated 26 Jan 2010).
Read More...
Charlotte, NC Workshop and Complete Trading Program
April 16-18
Includes:
* Inside The Banks
* Complete FX Course
* 2 Months PTC
* $500 Rebate option
* and more...
The FOMC moves front and centre Wednesday, having been overshadowed recently by sovereign risks, politics and risk aversion stemming from fears of tightening by the People's Bank of China. Were the Fed to suggest a policy path misaligned with current pricing, already jittery markets could be in for even rockier roads. But the Fed may yet choose to accommodate market pricing, precisely because current growth conditions and general sentiment conditions are unfavourable. After all, the price of a delayed exit seems cheaper than the cost of a 'double dip'. We look at the key issues for tomorrow's decision. (for more details please see UBS Talking Points dated 26 Jan 2010).
Read More...
CFTC 10:1 Leverage Change
24/01/10 20:54
This Workshop will be a Barn Burner!! We will be joined
by special guests who I have mentored and now trade
full time for a living!
Forex Notes
CFTC 10:1 Leverage Change
I have received a number of emails asking my view on the recent CFTC 10:1 Leverage Change.
Risk management is a subject covered in every book, article and blog ever written in the field of trading. However, good risk management is rarely applied by developing traders with an appetite for aggressive returns. On a side note, it's interesting to see how many developing traders seek the most aggressive returns, yet have the least skill and are unclear in their trading models. I apologize in advance if this article sounds brooding, but it's important. Risk management is the easiest component of trading to understand, but due to the discipline required to implement, is the most difficult to apply, a philosophical point for another time (see my lectures on Psychology and Risk).
Read More...
Forex Notes
CFTC 10:1 Leverage Change
I have received a number of emails asking my view on the recent CFTC 10:1 Leverage Change.
Risk management is a subject covered in every book, article and blog ever written in the field of trading. However, good risk management is rarely applied by developing traders with an appetite for aggressive returns. On a side note, it's interesting to see how many developing traders seek the most aggressive returns, yet have the least skill and are unclear in their trading models. I apologize in advance if this article sounds brooding, but it's important. Risk management is the easiest component of trading to understand, but due to the discipline required to implement, is the most difficult to apply, a philosophical point for another time (see my lectures on Psychology and Risk).
Read More...
Sovereign Wealth Funds Are Back!
18/01/10 09:45
Hi Kids
I'm currently in Singapore working and have met with other traders. It's always a pleasure sharing my experience with others. There are some amazing traders developing over here, and from the feedback we receive, they find our workshop to be the most informative and credible in the region, which is a much appreciated compliment.
The subject of risk management continued to surface throughout the lecture, so i will likely do a free video and make it available shortly after we implement the new course enhancements and the scalping course.
Please stay in touch, as we have more great news coming your way in the next two weeks!
Read More...
I'm currently in Singapore working and have met with other traders. It's always a pleasure sharing my experience with others. There are some amazing traders developing over here, and from the feedback we receive, they find our workshop to be the most informative and credible in the region, which is a much appreciated compliment.
The subject of risk management continued to surface throughout the lecture, so i will likely do a free video and make it available shortly after we implement the new course enhancements and the scalping course.
Please stay in touch, as we have more great news coming your way in the next two weeks!
Read More...
Dollar Struggling
12/01/10 09:08
Workshops
Charlotte, NC Workshop and Complete Trading Program
April 16-18
Includes:
* Inside The Banks
* Complete FX Course
* 2 Months PTC
* $500 Rebate option
* and more...
Hi Traders
I'm in Singapore and Kuala Lumpur until Jan 21, so it is unlikely I will be posting any bank reports in the free members area. Recently, i have the privilege of being one of a select few to carry the Olympic Torch. The photo is posted in the members area. We will be hosting a workshop in Charlotte, NC., Please let us know if you're interested in attending. We will have a couple guest speakers, only those who I have mentored and have become large volume, private full time traders. I will likely only have one workshop in USA this year.
Dollar Struggling
After the first full week of the new year, the dollar finds itself once again on its heels. The dollar has started the year weaker against most of the G10 currencies and several of the better performers from 2009 find themselves leading the pack again, namely AUD, NOK and NZD. The US labor data on the whole appeared constructive but it did not do the dollar that many favors. The beginning of earnings season is the next litmus test for what the dollar could face ahead in 2010.
Read More...
January Is Around the Corner
27/12/09 15:22
Workshops
Charlotte, NC Workshop and Complete Trading Program
April 16-18
Includes:
* Inside The Banks
* Complete FX Course
* 2 Months PTC
* $500 Rebate option
* and more...
You are What You Do... Trade With Discipline!
Chris Lori
Hello Traders
For those who have not had a chance to view my recent forex trading interview with MB Trading, it will be available in the blog below today's, note or listed on the sidebar. MB Trading has bought Wizetrade and will be host to regular TV programming on their site. I will appear regularly during the forex trading segments to discuss viewpoints and technical aspects of trading.
I was invited to carry the Olympic Torch on Dec 22 and hope to have a picture for you soon. We will be hosting the Olympic Winter Games in my home town of Vancouver, Canada in Feb.
I hope you are all having a good holiday.
Notes:
January is around the corner and some people are wondering about what will happen when investors wipe the slate clean and start with a fresh risk profile. We look at monthly moves since 1999 in the S&P 500 and EURUSD more out of curiosity than anything else, as the last two years have given us heretofore unseen conditions and events.
When we compare the average open to close percentage move over the month for EURUSD, we notice that there is a distinct pattern of higher EURUSD in December giving way to a drop in January. Only 3 of the 11 observations in January were positive while 7 out of the 10 December observations were positive. But as of now, EURUSD is down 4.5% in December as Eurozone sovereign concerns, higher US Treasury yields and the positive US labor data helped the USD regain its footing. Barring a sudden surge in the EURUSD into year-end, that would be the lowest percentage for EURUSD by a wide margin since its inception.
Read More...
Chris Lori Interview
20/12/09 22:44
Here's my latest interview with the fine folks over at
MB Trading during their Elite Traders Week.
Toxic Harvard Swaps
18/12/09 23:33
Toxic Harvard Swaps
Hello Traders
I wanted to share this article with you that I think is fascinating. Harvard is supposed to be host to our brightest minds. Lawrence Summers who is largely responsible for Harvard's near financial collapse, is now President Barack Obama's economic adviser.
Note the comment..
‘Education Business’
Read More...
Hello Traders
I wanted to share this article with you that I think is fascinating. Harvard is supposed to be host to our brightest minds. Lawrence Summers who is largely responsible for Harvard's near financial collapse, is now President Barack Obama's economic adviser.
Note the comment..
‘Education Business’
Read More...
Jack Crooks Interviews Chris Lori
16/12/09 20:49
Jack Crooks, President and Chief Trading Officer of
Black Swan Trading Interview with Chris Lori, - CTA, FX
Fund Manager
Bio
Chris Lori is a registered CTA and fund manager for Seaview Capital Inc where he manages funds on behalf of private and institutional clients worldwide. Chris offers private consulting services to individuals and institutions looking to diversify their portfolio relating to foreign exchange holdings and risk. He also manages a currency fund for clients booked in London and Singapore.
Chris is also a popular speaker on foreign exchange trading and investing and has shared his insights and techniques with traders and fund managers worldwide. The high demand for Chris as a speaker, trainer and fund manager has placed him on the global stage with frequent lectures and workshops in Singapore, Australia, USA, Canada and Europe. Chris has been a guest on Canada’s “Money Talks” Radio show, Singapore’s Radio 938, and has written articles for financial publications in Singapore, USA and Canada.
Previous to his career as a fund manager, Chris competed in four Olympic Winter Games and won the prestigious Overall World Cup Championship in the sport of bobsledding.
Chris totaled nine Crystal Globes for Overall World Cup final standings and accumulated twenty-two World Cup Medals during an outstanding bobsledding career. Read More...
Bio
Chris Lori is a registered CTA and fund manager for Seaview Capital Inc where he manages funds on behalf of private and institutional clients worldwide. Chris offers private consulting services to individuals and institutions looking to diversify their portfolio relating to foreign exchange holdings and risk. He also manages a currency fund for clients booked in London and Singapore.
Chris is also a popular speaker on foreign exchange trading and investing and has shared his insights and techniques with traders and fund managers worldwide. The high demand for Chris as a speaker, trainer and fund manager has placed him on the global stage with frequent lectures and workshops in Singapore, Australia, USA, Canada and Europe. Chris has been a guest on Canada’s “Money Talks” Radio show, Singapore’s Radio 938, and has written articles for financial publications in Singapore, USA and Canada.
Previous to his career as a fund manager, Chris competed in four Olympic Winter Games and won the prestigious Overall World Cup Championship in the sport of bobsledding.
Chris totaled nine Crystal Globes for Overall World Cup final standings and accumulated twenty-two World Cup Medals during an outstanding bobsledding career. Read More...