HONG KONG (MarketWatch) — India’s manufacturing activity expanded at a slower pace in September than in the previous month as capacity constraints and a weakening fiscal policy stimulus restricted production, a survey by HSBC showed Friday. The monthly purchasing managers’ index slowed to 55.1 in September from 57.2 in August, the HSBC survey showed. A figure above 50 indicates an expansion in activity. Still, manufacturing companies’ “order books continue to grow at a robust pace, which means monetary officials cannot afford to rest easy,” HSBC economist Frederic Neumann wrote in a report. Neumann expects the Reserve Bank of India to hold policy rates unchanged in early November, but raise its lending, or repo rate, by a quarter-point in December.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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What is commodity futures day-trading? Day-trading strategies are unique mechanical methods for entering a liquid commodity market early in the trading day, and exiting some time later in the same day for a profit. Keith Fitschen has developed a family of day-trading strategies for the commodity markets that use the same basic market principle to gain systematic profits. The basic methodology uses multiple timeframe analysis to determine the likely trend for each market early in the trading day. When the likely trend is determined, entry is made in the direction of the trend. Trade exit is made in one of three ways: a stop loss point is hit (and the trade is a loss), a profit target point is hit (and the trade is a windfall profit), or the exit is made at the end of the trading day, usually for a profit.

Keith Fitschen’s commodity futures day-trading methods are used in the most liquid commodities in each group: for the grains, wheat and soybeans can be traded; for the softs, coffee can be traded; for the currencies, the yen and euro-currency can be traded; for the metals, copper, gold, and silver can be traded; for the energies, crude oil, heating oil, and reformulated gas can be traded; for the financials, 10-year notes can be traded;, and for the stock indices, the S&P 500, the Russell 2000, and the German DAX can be traded.

Traditionally, the problem with futures day-trading strategies has been transaction costs: slippage and commission. These costs severely ate into the profit that could be made on a day-trade. But with the advent of deep discount brokers, and electronic trading, commission for a trade can be less than $10, and slippage for a trade can be as low as one or two ticks. This evolution has caused a number of successful trading system designers to promote day-trading strategies. Keith Fitschen’s strategies are unique because they use the same market approach across all the groups, and because the strategy “works” on all the liquid commodities. This type of day-trading leads to an average profit-per-trade of about $150 across all the commodities, and a winning percentage of about 55 percent.

Normally, successful day-trading strategies have been sold to the public for $3,000, or more. This high bar to entry reduces the funds available for trading for a typical trader. Keith Fitschen’s day-trading strategies are offered for a monthly lease fee. This allows a trader to avoid the large upfront expense and spread it over a long period of time, while retaining the right to stop at any time. This means of gaining access to the trading signals is certainly an advantage over the traditional approach.

Press Release –

West Palm Beach, FL, United States (AHN PR) – AHN Media announced Thursday it now offers real-time machine translated news for its popular news feed services for digital signage, websites, print and broadcast applications.

In addition to English, the languages that will now be supported are: Chinese, French, German, Italian, Japanese, Maltese, Portuguese and Spanish.

Support for additional languages will be added based on customer demand.

“AHN’s multi-language feature takes us a few steps ahead with our ongoing effort to expand into a global news and content brand.” says W. Jeffrey Brown, CEO of AHN Media. “Multi-language support should fuel continued rapid growth and allow our clients more content use and deployment possibilities.”

Using custom hybrid advanced automated language engines, AHN leverages the speed and power of machine translation to offer news feed services in the languages that best serve the needs of its clients.

All Headline News is a leading provider of real-time news, business and financial information, weather, horoscopes and other content for web, wireless, print, broadcast, digital signage and interactive applications.

Pricing and Availability

The multi-language news is available immediately on all supported languages. Pricing for AHN’s on-demand content subscriptions starts at $25. Please contact AHN Sales (sales@allheadlinenews.com) for further details on pricing and supported languages.

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Trader Joe’s, the neighborhood grocery store with foods and beverages from the exotic to the basic, said it will open its first South Carolina store Oct. 22 in Greenville.

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Sterlite Industries tumbled over 8 per cent in the early trade on the BSE today, on the back of Madras High Court ordering the company to close its copper smelter plant in Tuticorin on environmental grounds.

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New York, NY, United States (AHN) – Lady Gaga and Giorgio Armani have formed a multimillion dollar partnership that will involve the legendary designer making the costumes for the leg of the singer’s tour starting in December.

The iconic, 76-year-old Italian fashion designer did something unusual and dressed Lady Gaga, known for her adventurism in fashion, in a crystal-encrusted silver hoop dress with orbiting rings for the Grammy Awards. He then started designing costumes for her videos for her – the bondage-style black leather costumes in the racy “Alejandro” video were Armani – and must have evolved into the partnership for Gaga’s tour costumes.

Armani seems to be the designer of Gaga’s choice as of late; he designed the black rubberized dress with spikes sticking out which the singer wore to the MTV Video Music Awards in Los Angeles more recently.

Armani’s designing deal with the 24-year-old pop star is reportedly an effort by Armani to rejuvenate his business.

“A huge company like Giorgio Armani has the duty to always be alert to trends and what appeals to young people,” Roberta Armani, Armani’s niece and head of VIP relations, told the Wall Street Journal. “It helped to see how the world is through Lady Gaga, the way she uses Facebook and Twitter.”

Although there is still very little information on what the pair’s collaboration will involve, Gaga is the first star that Armani has designed a specific gown for. Celebrities who have previously worn his label have chosen from existing collections.

“It wouldn’t be possible to give Gaga a look from the collection because she wears pieces of art. It’s theatrical,” Roberta said.

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Houston-based Vollmer Public Relations has been acquired by New York-based Edelman.

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Fredericton, New Brunswick, Canada (AHN) – New Brunswick will hold its provincial election on Monday with two candidates battling for the post of premier. The bets are David Alward of the Progressive Conservatives Party and Shawn Graham of the Liberal Party.

Graham is the incumbent premier running for another term, but polls indicate Alward is ahead with 45 percent voter support, versus Graham’s 38 percent.

The electoral exercise comes at a time that the province is grappling with a record-high budget deficit of almost $1 billion. Political observers bewailed the lack of details the two candidates have given voters on how they would erase the budget gap.

Alward and Graham have not touched on higher taxes or spending cuts during their campaign.

Alward, who spent the election eve campaigning in the Arcadian peninsula, had included in his campaign promise reduction of the size of his cabinet to 15 ministers and the appointment of an energy commission to take charge of New Brunswick’s energy policy for the next 10 years.

Graham vowed to grow the New Brunswick economy by limiting new government growth to one percent per annum. Alward said he plans to reduce the deficit within four-years, but provided no details on how he would do it.

The Canadian Taxpayers Federations counted 510 campaign promises between Alward and Graham. Among their promises are a laptop for every middle school student and power rate freeze for the next three years.

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Rome, Italy (AHN) – United Nations officials warned of a major new world food crisis Friday at an emergency meeting over rising international food prices

The U.N.’s Food and Agriculture Organization (FAO) called the meeting in Rome to discuss the looming crisis. FAO officials blame recent environmental disasters as well as rampant speculative trading on commodity futures markets by investors.

Although food prices have not risen as much as they did during the 2008 food crisis, FAO officials were concerned.

“The FAO has recognized a variety of drivers behind food price spikes, such as drought, energy prices and trade restrictions; however, the impact of crude oil prices on food inflation cuts across all national boundaries and has a disproportionate impact on food prices,” said Bliss Baker, a spokesperson for Global Renewable Fuels Alliance.

“As long as we are dependent on crude oil for our primary source of energy, we will continue to see food prices climb as crude oil prices climb,” Baker added.

However, other forces are at work to increase food prices, according to the U.N.’s special rapporteur on food, Olivier De Schutter. In a paper released earlier this week, De Schutter said that as other investments turned sour and lost investor interest–including overvalued asset backed securitization investments–investors looking for profits flocked to invest in food commodity futures because everyone must eat.

“Beginning at the end of 2001, food commodities derivatives markets, and commodities indexes in particular began to see an influx of non-traditional investors, such as pension funds, hedge funds, sovereign wealth funds, and large banks that packaged and dealt the commodity index instruments,” De Schutter wrote. “The reason for this was simply because other markets dried up one by one: the dotcoms vanished at the end of 2001, the stock market soon after, and the U.S. housing market in August 2007.”

“As each bubble burst, these large institutional investors moved into other markets, each traditionally considered more stable than the last. Strong similarities can be seen between the price behavior of food commodities and other refuge values, such as gold. As the European Commission notes, the prices of both had been largely stable, began to rise slowly in 2005, and accelerated sharply in August 2007, when the subprime crisis hit. Similar behavior obtained in oil markets, which hit the $100 per barrel mark in February 2008 and peaked in June 2008, only to fall back subsequently,” De Schutter said.

De Schutter calls for regulation of the food commodity markets in a report titled “Food Commodities Speculation and Food Price Crises, Regulation to reduce the risks of price volatility.” The full report is available at: srfood.org/images/stories/pdf/otherdocuments/20102309_briefing_note_02_en.pdf

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What’s Day Trading?

Day trading is an art learned by traders that entails the aspect of constructing several trades in a brief interval of time. These trades can be both buying and selling positions and are generally closed earlier than the end of the market day. Nonetheless, typically the trades last at most a few minutes. Most day traders will focus on trading index markets such as the emini Dow (YM), the emini S&P 500 (ES) and the various bond markets. As well as, stocks are day traded continuously on a daily basis throughout the markets. The only goal of day trading is to generate an income on a daily basis. The vast majority of traders who trade for a living will define themselves as day traders.

Where Should a New Trader Start?

Venturing into the area of day trading can be both a rewarding and anxious period in a person’s life. If one can master the art of day trading they can be rewarded with a life changing skill that may allow them to make an income on a day by day basis. Nevertheless, it’s important that any person new to day trading understand there are various scams in the marketplace being sold. It is very important understand you’ve some wonderful internet entrepreneurs selling programs on the internet today. While they’re great internet entrepreneurs they are not day traders. It’s crucial that you simply find out if the person promoting a system is in actual fact a day trader and also are they trading the system that they’re selling.

Discovering a mentor on the earth of day trading is one of the best place you may start. The David Marsh EminiTrading System is without doubt one of the methods that meets the smell test for new day traders. The strategy supplies traders with the essential facets of day trading:

- Trading Manual detailing the course
- Online library of day trading coaching videos

- Message boards to interact with different traders

- Direct access to the system creator

- Live trading room for academic functions

Remember that the investment you make into your day trading profession is likely one of the most crucial decisions to make.

What Should a Day Trading System Provide?

When in search of a trading system you need to search for the following:

- How transparent is the creator of the tactic?

- Are you able to communicate with them instantly on the telephone?

- Do they personally provide help for you after you purchase their course?

- Is the tactic presented in both written and video format?

- What methods of support do they provide?

- How fast is their response time to support issues

As you’ll be able to see there are lots of things to take into consideration. Many day trading methods will cost you upwards of $5,000 to find out about day trading. This is an area you’ll want to take your time with when making a call on what to invest in. You must additionally bear in mind you’ll be investing a lot of money into your trading account once you get it setup. So by all means be certain to do your research before making a big investment.