Previously on MoreLiver’s
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| EURUSD seems to have entered either a triangle formation or a horizontal trading range. Trading the range for the time being is probably a good idea. If this thing turns out to be a triangle, an eventual breakout to the downside is more probable. If it will become a horizontal tradingrange, the trend still remains up. Clearly, the future of the pair is almost wholly political (will Europe be "solved") and dependent on central bank actions (which one prints the most and which one escapes ZIRP first). On longer timeframes and simply looking at the chart, there should be more upside left for trend. |
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| The uptrend is still technically in place, but a failure to move to new highs, followed by a marginal new low below the previous September low is worrisome. This could still turn out to be similar to last July's trading range. Notice the recent divergence between the EURUSD and the SPX: while SPX moved lower, EURUSD moved higher. This is a change from recent pattern of strong correlation between the two series. |
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| Funnily enough I feel like trading both ways: Tactical longs at the bottom of the recent range make sense, but so does a short: just in case the market is preparing for a major correction and a breakout from the daily bull channel, shorts with stops above the nearest resistance levels could be an interesting play. |
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| EURUSD sounds like a good candidate to trade between 1.3000 and 1.2900 before further news. Shorts targeting a move to 1.2850 sound like a good idea to me. |
OFF-TOPIC
Does Biology Make us Liars? – The
New Republic
Self-love
makes the world go round. But, alongside cooperation, could self-love give
birth to deception? Could the imperative of self-regard be so great, in fact,
as to lead to self-deceit?
The rise of the Computational Class – Quartz
Lance Armstrong's Guide to Cheating a Drug Test – big
think
The marshmallow test, revisited – Wonkblog
/ WP
In 1972, Stanford University’s Walter Mischel sat 600 children down at a table with a marshmallow and gave them a choice: They could eat one marshmallow now, or wait 15 minutes and get two marshmallows.
In 1972, Stanford University’s Walter Mischel sat 600 children down at a table with a marshmallow and gave them a choice: They could eat one marshmallow now, or wait 15 minutes and get two marshmallows.
The evolution of airfares, in one chart – Wonkblog
/ WP
Flying has
gotten dramatically cheaper since the airline industry was deregulated in 1978…
Since 1979, the airline industry as a whole has lost $37.7 billion.
The Greatest Fake-Art Scam in History? – Vanity
Fair
One of his
forgeries hung in a show at the Met. Steve Martin bought another of his fake
paintings. Still others have sold at auction for multi-million-dollar prices.
So how did a self-described German hippie pull off one of the biggest, most
lucrative cons in art-world history? And how did he get nailed?
As Syria’s civil war drags on, the
opposition is scrambling to get its hands on weapons funneled into the country
by Gulf
states and independent gun-runners. But rival rebel leaders have begun
leveraging access to stake out positions in a post-Assad Syria.
The Measurement That Would Reveal The Universe
As A Computer Simulation – technology
review
If the
cosmos is a numerical simulation, there ought to be clues in the spectrum of
high energy cosmic rays, say theorists
Wall Street’s Forgotten Victims Have Some
Advice – Michael
Lewis / BB
Maybe the game is over; maybe it isn’t. But one thing is certain: If you are 12 years old, and your dad works on Wall Street, it’s a lot less likely Beyonce will be singing at your 13th birthday party.
Maybe the game is over; maybe it isn’t. But one thing is certain: If you are 12 years old, and your dad works on Wall Street, it’s a lot less likely Beyonce will be singing at your 13th birthday party.
Behind Enemy Lines With a Suburban
Counterterrorist (2007) – Wired
The Cuban Missile Crisis Revisited – Foreign
Affairs
The Cuban Missile Crisis at 50 – Project Syndicate
This month
marks the 50th anniversary of the Cuban missile crisis – those 13 days in
October 1962 that were probably the closest the world has come to a major
nuclear war. The lessons of that brief but perilous episode remain valid today,
as the world confronts anew the threat of nuclear proliferation.
Douglas
Groat thought he understood the risks of his job—until he took on his own
employer
A Home at the End of Google Earth – Vanity
Fair
Separated
from his older brother at a train station, five-year-old Saroo Munshi Khan
found himself lost in the slums of Calcutta. Nearly 20 years later, living in Australia, he began a painstaking search for
his birth home, using ingenuity, hazy memories, and Google Earth.
The 6 Most Mind-Blowing (and Pointless) Gaming
Achievements – Cracked
The Who's Pete Townshend, a reluctant rock star – CBS
A look inside the Space Shuttle Atlantis – The
Big Picture
Flight Deck of the Space Shuttle – Launch
Photography
Sleeping Brain Behaves as If It's Remembering
Something – Science Daily
UCLA
researchers have for the first time measured the activity of a brain region
known to be involved in learning, memory and Alzheimer's disease during sleep.
They discovered that this part of the brain behaves as if it's remembering
something, even under anesthesia, a finding that counters conventional theories
about memory consolidation during sleep.
Neuroplasticity: You Can Teach An Old Brain New
Tricks – big think
A Painting Is Not a Refrigerator – Epicurean
Dealmaker
If there is
a tragedy about fine art, it is that it is simultaneously so small,
unprotected, and unimportant on a personal scale and potentially so important
on a cultural and historical one. You can’t socially engineer your way around
that. It is the nature of the beast.
Nobel laureate challenges psychologists to
clean up their act
– nature
Social-priming
research needs “daisy chain” of replication.
IN FINNISH
Tilauskirjat
ennakoivat kylmää talvea – SSS
Tarvitaan myös
luottamuspääomaa – HS
Rahoitusmarkkinavero
on kohtuuton – HS
Vieraskynä: Uuteen veroon kaavaillut prosentit voivat
kuulostaa pieniltä, mutta lopulta kyse on suurista summista.
HS: Ollila vaatii
Suomeen työmarkkinauudistusta – TalSa
Jorma Ollila
maalailee kauhuskenaarioita – lue hurjat talousennusteet – KSML
Professori KL:lle:
Nyt loppuu työvuosien tuhlaus! – verkkouutiset
Emeritusprofessori Jorma Sipilän mielestä lasten tulisi
mennä kouluun 6-vuotiaina ja vanhempien työskennellä niin pitkään kuin suinkin
mahdollista, Kauppalehti kertoo.
IMF hoputtaa EU:n
talousuudistuksia – TalSa
Kansainvälinen valuuttarahasto IMF osoitti Tokiossa
varovaista optimismia EU:n kriisitoimia kohtaan. Talouspäättäjät vaativat
kuitenkin lisätoimia, sillä maailmantalouden tasapainon arvioidaan olevan hyvin
herkässä tilassa.
Nyt se on
virallista: talouden löylykisa onkin vikatikki – Jan
Hurri / TalSa
Kriisimaat ovat lamassa ja muukin Eurooppa uupuu uuteen
taantumaan. Ongelmat ovat osin omatekoisia, sillä ennenaikaiset vyönkiristykset
ovat heikentäneet muutenkin huteraa taloutta. Nyt osa talouspäättäjistä
myöntää, että "talouden löylykisa" ei sittenkään vahvista vaan
päinvastoin heikentää taloutta.
Öljy on islamin pahin
pulma – TalSa
Miksi tästä ei
puhuta? "Suomi on Venäjän energiaprovinssi" – TalSa
Suomi tuo lähes kaiken käyttämänsä öljyn itänaapurista,
mutta kukaan ei puhu sen synnyttämästä riippuvuudesta, professori ihmettelee.
Se suuri
Selviytymistarina – TE
Korkeasti koulutettu kirurgi ja terveysalan yrittäjä LKT
Christer Lybäck paljastaa taustansa päihdevammaisena rötöstelijänä.
Tukipaketit lisäävät
tarvetta tukipaketeille – Pekka
Tiusanen / US Puheenvuoro
Kirjaläppää:
"Valehtelin internetissä tarkoituksella" – kirjasfääri
Blogeihin osuneet google-hakusanatilastot sisälsivät jälleen
runsain mitoin oletettavasti äidinkielen opintoihin liittyviä hakuja, joiden
tarkoituksena oli löytää "mallivastauksia",
"juoniselostuksia" tai "kirja-arvosteluja kouluun"...tempauksessa
parisenkymmentä bloggaajaa kirjoitti valearvioita kirjoista, joita blogeista
usein haetaan koulutehtävähakusanoilla.