Some months ago I charted what looked like an inverse head-and-shoulders formation shaping up on the gold-USDX index product graph.
I don't know what the rules are about deciding when the formation has failed. The index has bounced along the neckline three times without penetrating it, which suggests to me that the formation is no longer in play.
Anyway, today there are more local celebrations, as this is the anniversary of the Japanese invasion. More fireworks and street food.
I don't know what the rules are about deciding when the formation has failed. The index has bounced along the neckline three times without penetrating it, which suggests to me that the formation is no longer in play.
Anyway, today there are more local celebrations, as this is the anniversary of the Japanese invasion. More fireworks and street food.
Thought this might interest you. Found it looking up "bookkeeping barter." This is related to Singapore merchants and miners.
ReplyDeleteThe Economic Growth of Singapore: Trade and Development in the Twentieth Century
By W. G. Huff
p. 57~60
http://books.google.com/books?id=4fVQtMnnn60C&pg=PA58&lpg=PA58&dq=bookkeeping+barter+singapore+rice+trade+history&source=bl&ots=45TKwpQ0qO&sig=pFeADWSnwOxR5Gc4vc0cM2jxs40&hl=es-419&sa=X&ei=VdEcVOaRDJf-yQT_rYDQBQ&ved=0CDYQ6AEwAQ#v=onepage&q=bookkeeping%20barter%20singapore%20rice%20trade%20history&f=false