DJs blames Gillard government taxes for profit plunge Read more: http://www.smh.com.au/business/djs-blames-gillard-government-taxes-for-profit-plunge

DJs blames Gillard government taxes for profit plunge

Read more: http://www.smh.com.au/business/djs-blames-gillard-government-taxes-for-profit-plunge-20110714-1hf97.html#ixzz1S3gWu591

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Analysis Picks For Eur/ Cad

This morning we noticed some gross underperformance in the cross, with the Canadian Dollar price action standing out as Cad rallied across the board, while all other currencies were showing weaker against the USD. With the market dropping sharply in Asia to already exceed its daily ATR, and with no decent fundamental catalyst for the move, we were quite content on kicking off the year with a long position on the cross which was well oversold on the hourly chart. The downside risk initially seemed to be very limited, and with the other Euro/Commodity crosses showing evidence of basing, we initiated the trade. From here, a break back above Friday’s 1.3380 highs will be required to officially relieve short-term downside pressures, but we have already taken advantage of the most recent bounce into the money and have gone ahead and booked some profits while also eliminating any risk by moving our stop-loss to break-even. POSITION: LONG @1.3192 FOR AN OPEN OBJECTIVE; BOOKED PROFIT ON HALF @1.3250; REVISED STOP @1.3192.

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Why Join The MTA?

Why join The MTA?

Before making a commitment to join an organization, the question sitting on your mind is always, "Why?"

The Market Technicians Association provides our membership with the best and most current technical analysis information environment in the industry. Membership with the MTA also allows for the studying and securing of the CMT designation, the “Gold Standard” designation for market technicians.

Benefits of Having a Membership

• Knowledge Base: Interactive, flexible, and dynamic repository of key Technical Analysis (TA) information.
• Educational Web Series: At least 3 live webcasts per month, which are also archived for future reference.
• Podcast Series: Weekly audio interviews with industry professionals on current market events.
• Technical Analysis Blog: A weekly review of a "Chart of the Week" by Jeffery E. Lay, CMT.
• Technical X-change: Open discussion forums for members to share their thoughts and opinions on relevent topics.
• The ability to participate in the CMT Program; See a brochure discussing the Value of the CMT.
• Monthly e-Newsletter that contains articles, book reviews, interviews, and much more written by other members and professionals within the MTA and financial community.
• Web access to archived local chapter meetings, past newsletters, previous technical analysis journals, seminar presentations, and much more.
• Annual Seminar available at a Member discounted price, featuring some of the best leaders in the field of technical analysis today!
• Web access to various discussion groups as well as membership networking with over 3,300 fellow Members and Affiliates located in 70 countries.
• Available CMT preparation courses, CMT practice exams, quiz cards, and DVDs at member discounted rates.
• Library of over 4,000 technical analysis oriented materials.

Value of Having the CMT Designation

The Chartered Market Technician (CMT) program offers a structured approach to study technical analysis and ensures all key areas are covered. The CMT can help to open doors that lead to job opportunities and only the CMT demonstrates to Wall Street that you are a professional in the field of technical analysis. For those seeking a more traditional Wall Street analyst job, passing the first two CMT exams provides a significant step towards the Registered Research Analyst (Series 86) designation from FINRA.

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"Perintahlah kepada keluargamu mendirikan solat dan bersabarlah kamu dalam mengerjakannya. Kami tidak meminta rezeki daripadamu, malah kamilah yang memberi rezeki kepadamu. Sesungguhnya, akibat yang baik itu adalah bagi orang yang bertakwa" (Surah Taha ayat 132)