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  1. HP may cut up to 16,000 more jobs as results disappoint

    by , 05-23-2014 at 05:03 AM
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    (Reuters) - Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman's years-long effort to turn around the personal computer maker and relieve pressure on its profit margins.

    Whitman said the turnaround remained on track and her raised target reflected how HP continued to find areas to streamline across its broad portfolio, which encompasses computing, networking, storage and software. But some analysts ...
  2. How To Place A Stop Loss & Profit Target Like A Professional (Part 2)

    by , 05-20-2014 at 03:32 AM
    Quote Originally Posted by matfx View Post
    Placing profit targets

    Placing profit targets and exiting trades is perhaps the most technically and emotionally difficult aspect of trading. The trick is to exit a trade when you’re up a respectable profit, rather than waiting for the market to come crashing back against you and exiting out of fear. The difficulty of this is that it’s human nature to not want to exit a trade when it’s up a nice profit and moving in your favor, because it ‘feels’ like the trade will continue on in
    ...
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  3. British Pound Weekly Outlook: 2014, May 18 - 25

    by , 05-19-2014 at 04:03 AM
    British Pound at Risk Ahead of Key Data, Trades at Critical Support

    Fundamental Forecast for Pound: Bearish

    • British Pound falters as Bank of England shows no rush to raise rates
    • Cable nears critical price levels, next move is key


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    The British Pound pulled back further from multi-year highs as a drop in UK yields and a broader US Dollar reversal produced the second-consecutive week of GBPUSD declines. ...
  4. Something to read

    by , 05-18-2014 at 02:04 PM
    Quote Originally Posted by matfx View Post
    Trading with Intermarket Analysis, Enhanced Edition: A Visual Approach to Beating the Financial Markets Using Exchange-Traded Funds (Wiley Trading): John J. Murphy

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    With global markets and asset classes growing even more interconnected, intermarket analysis—the analysis of related asset classes or financial markets to determine their strengths and weaknesses—has become an essential part of any trader's due diligence. In Trading with Intermarket
    ...
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