Eur/Usd Triangle

US Update

Hurricane Sandy. We have consumer confidence data out of the euro zone today which could provide us with some much needed direction. And remember Non-Farm Payrolls on Friday. Hurricane Sandy Hits US European markets closed lower on Monday as Hurricane Sandy forced major U.S. markets to stay closed. The East Coast of the U.S. was on high alert on Monday, bracing itself for what could be the worst hurricane ever to hit the country. Many analysts believe the hurricane looks set to dominate the news agenda. US markets will remain close today as well as Hurricane Sandy moved towards New York City. European Markets Lower: In Europe, EU governments started discussions this week to cut 50 billion euros ($64.6 billion) off the existing EU long-term budget of 1 trillion euros. Germany, France and Britain are calling for even steeper cuts, according to Reuters. On the data front we have consumer confidence data out of the Eurozone today at 10:00am GMT. This index measures the level of consumer confidence in an economy. What this means does Binary Traders Equity markets have started the week on the back foot, with many traders unwilling to take big positions due to hurricane sandy and many being unable to trade due closed offices. European markets are looking for direction in the absence of Wall Street being there to provide it. The market closure will extend to today and even Wednesday depending on the severity of the storm. Uncertainty and the costs it will bring will not help matters. In regards to the euro zone data, the consensus for consumer confidence is for a slight increase from -25.9 previously to -25.6. Due to the current euro zone crisis consumer confidence has been extremely negative. Depending on the actual figure today we could get some much needed direction in the market. Assets that may be affected The EUR and GBP foreign exchange pairs are the key assets to keep an eye during today especially EUR/USD and GBP/ USD. Due to consumer confidence data out this morning we could see significant volatility within these assets depending on the figure. If the figure comes out much better than expected we could see a bullish move. On the other hand a worse than expected number could result in a further bearish movement.

Watching US CPI

US today

As hurricane Sandy is expected to hit the US today, halting public transport, closing schools businesses and government departments, ALL U.S. stock markets will be closed on Monday and possibly Tuesday.

In addition, trading on commodities or Futures will be subject to their availability in the Futures exchange.

Last week was one of the strongest for Binary traders and a seminal week for the economies on both sides of the Atlantic.

This week will be the same as we have CPI numbers form German (today), non-farm payrolls from the USA, we’re right in the middle of earnings season plus the USA Elections are starting to play on the minds of investors.  Watch for opportunities on: EUR/USD, DOW, S+P 500 and, of course, Gold and JPN

US GDP Better than expected: Rally’s European Markets

European shares eked out small gains on Friday after better-than-expected U.S. economic growth figures.  They helped outweigh the impact on investor sentiment of yet more negative corporate earnings.The mood seem to have brighten at the end trading on Friday, after data showed growth in the United States expanded at a 2 percent annual rate, just above the 1.9 percent estimated.

However, the IMF said the risks to the macroeconomic outlook and fiscal targets are significant and tilted to the downside. Which means even with positive GDP figures out of both the US and UK the outlook still remains negative for the global economy.  Investors are grabbing for any good news to find a reason to buy the market at the minute.

All of this adds up to fluctuations in the market and that’s what good Binary Traders feed on.

Today’s German CPI Data

In terms of data we have CPI data out of Germany today at 13:00 GMT.  The CPI measures the average price change for all goods and services and therefore is the main indicator used to measure inflation and changes in purchasing trends.

The consensus for the CPI figure today is 2 percent, which is the same as the previous figure. If the actual figure comes out in line with consensus it would indicate that the German economy is achieving price stability and inflationary pressures are declining.  On the other hand if the figure is below expectations

Assets that may be affected

Keep an eye on EUR and GBP foreign exchange crosses especially GBP/USD and EUR/USD. It seems as though these assets have found a near term top due to the major bearish move last week as European woes still rule the market. A corrective rally is due, yet if Europe continues on its path of destruction we could see a bearish continuation. On the other hand if we get some positive news out of Europe a relief could be seen?

USA: Earnings, Non-Farm Payroll & Election

This is a key week for the US, coming of the back of a good start to the earnings season and growth data last week.  Considering the current performance of many marquee company names, US markets may be in for a rough time over the next few weeks.

Major averages finished sharply lower for the week as over the election, the looming ‘fiscal cliff’ and a slew of weak earnings results kept investors on edge. Economic growth ticked upin the third quarter, with the gross domestic product expanding at a 2.0 percent annual rate.

Consumer sentiment rose to 82.6 in October, hitting its highest level in five years. The index was at 78.3 in September. Still, the reading was slightly below the preliminary reading of 83.1 and shy of expectations for 83.

In terms of data, nonfarm payroll is guaranteed to provide excitement to the markets; we had a positive figure of 114K last month so keep a close on the markets this week to decide whether you are a bull or a bear going into non farms on Friday.

Assets that may be affected

The US majors, Dow and S&P are the key assets to keep an eye on today as the markets were driven by earning last week and due to the disappointment we saw a sharp drop.  If sentiment improves today we may see the DOW and S&P claw some gains from last week, however if we continue on current yell brick road we could see further bearish movement this week.

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Kasim Ijelu
++ 203 036 0919

An Apple A Day

Apple Inc. (NASDAQ:AAPL): Analysts cut Price Target On Weak Outlook

Apple Inc.(NASDAQ:AAPL)’s weak outlook for the holiday quarter has had analysts scramble again to do more permutations and combinations on their excel sheets.

While by any other standards, Apple's guidance for the December quarter would be seen as record revenues for a tech company, since it is Apple it has to conform to a different set of standards.

For the December quarter, Apple forecast revenue of $52 billion, below estimates of $55 billion, according to Thomson Reuters I/B/E/S. It expects margins of 36 percent, far lower than analysts' expectations of 43 percent.

Evercore lowered the price target of the stock to $775 from $800, Raymond James cuts the price target to $700 from $730 while Nomura also lowered its target to $660 from $710.

Almost all analysts have preferred to focus on the fall in gross margin, which Apple itself said would happen due to the large number of products it recently launched.

The products cost money and as company executives pointed out it had not compromised on the quality of its devices.

"The iPhone 5, iPod Touch, iPod Nano, iPad mini and iMac all feature new form factors and our checks with the supply chain indicate that many of these are very complex to manufacture and are likely resulting in reduced production efficiencies," Nomura analysts said in a note as they lowered their price target to $660 from $710.

Apple, apart from introducing the iPad Mini, has refreshed almost all its devices including a full-sized iPad, which comes just six months after the launch of the iPad 3.

Most of the analysts however expect gross margins to recover by June next year as rising volumes are expected to offset the higher costs of manufacturing.

Google Finance

A Gold Coin For your Thoughts

Gold Daily

4hr s Below

Pretty Much speaks for its self as a picture Paints a thousand Words

To Learn More on how to read markets contact the number below

For expert help in turning today’s news into a profitable trading plan, contact your personal account manager on 02030360919

Kasim Ijelu IB 2018574 

EurUsd weekly If Price is King Then Risk Management is the Emperor

Eur/usd Daily 

The Week Before:You have to know the past so you can predict the future.

We have another blockbuster day today as the US announces its Q3 GDP figures, which as ever are expected to be a market mover.

Another US Downgrade?

Stocks wiped out their early gains to close lower on yesterday, which meant the Dow was hit by a three-day loss as rumours that ratings agency Fitch may come out with a statement on a U.S. downgrade which weighed on the major averages.

On the data front we another big day for numbers as the US will publish its 3rd quarter GDP figures at 12:30pm GMT. The figure is expected to have a major effect on the entire market as this it will show the pace at which the US economy is growing or decreasing.

What this means for Binary Traders

Ongoing worries about earnings and economic growth have again resurfaced. I think it’s going to stick with us for at least two weeks, as we get through earnings season, and as we head into the election and then really the fiscal cliff. In terms of the economic numbers they have been better than expected so we are getting there slowly though there still are lingering fears over the US economy.

In regards to GDP, the overall consensus is for a 1.9% growth in the third quarter of 2012. We saw a significant downward revision in the second quarter which has led many analysts to expect a third quarter of around 1.6 percent. There seems to be a lot of mixed views around 3rd Quarter GDP, whatever happens major movement is expected during the release today.

Assets that may be affected

USD foreign exchange crosses especially USD/JPY and USD/CHF and of course the US majors the DOW. We have seen a significant bullish rally over the last two weeks within these FX crosses. If the Q3 GDP figure is better than expected we can expect a continuation rally. On the other hand a worse than expected figure could see a significant sell-off across the entire market as this would signal the US economy is growing below expectations which subsequently means the global economy is slowing.

 UK GDP better than 

UK GDP better than expected boost economy

In the U.K., third quarter GDP figures were released showing an increase of 1 percent from the previous quarter. This was the biggest quarterly gain since the third quarter of 2007. Sterling rose sharply against the Dollar after the data was released.

Away from earnings news, Spanish newspaper Espacion reported on Thursday that the Spanish government will formally ask the European Union (EU) for a bailout package of up to 60 billion euros ($77.8 billion) to recapitalize its banking sector, lower than the 100 billion euros offered. Though this is still speculation we seem to be getting closer to a Spanish bailout.   

What this means for Binary Traders

We have seen a significant amount of bearish activity within the entire market over past two weeks. Many reports suggest that we may be due for some sort of correction, though analysts don’t see a clear picture on how to address the Spanish problem. The amount of bad loans in the Spanish banking system is huge. The GDP figures show that the UK is on the right track to recovery which should be taken as a positive sign for the entire global economy especially the European Union. Spain’s bailout should rule European markets today along with very juicy US Q3 GDP figures.

Assets that may be affected

The GBP and EUR foreign exchange crosses are key assets to keep an eye on today especially EUR/USD and GBP/USD. We saw a significant rally within the pound dollar cross due to the positive GDP data out of the UK, the momentum could be set to continue if sentiment stays positive. Also the speculation over a Spanish bailout could have a positive effect on the EUR/USD during Friday’s session. Although, remember sentiment seems to changing constantly within the markets which causing extreme volatility. If we see positive GDP data out of the US we could be lined for a real bullish day however negative sentiment may be very dangerous for Europe on a Friday.

For expert help in turning today’s news into a profitable trading plan, contact your personal account manager on 

02030360919

Kasim Ijelu IB 2018574 

Summary

Standard and Poor Down grade 5 Spanish Regions 

Greece will miss debt cuts plus needs more time and money

What this means: 

is Greece debt load would still be around 140% of yearly economic output by 2020 which is far above the 120% which is deemed sustainable  

Technically speaking 

1.29694 wkly Pivot Point is the 1st area to watch for As we

 could see a bounce in the Beginning of the week but not expecting a major pull back pass the 1.29806..so  

1st Target is still possibly weighing to the downside 1.2843

Please Trade responsible and Waite for clear patterns to form 

                                No 1 Quote : If Price is King The Risk Management is the emperor

For expert help in turning today’s news into a profitable trading plan, contact your personal account manager on 

02030360919

Kasim Ijelu IB 2018574 

Timeless Fx: EURUSD Bears take the Stage

Timeless Fx: EURUSD Bears Stage the Stage: Pls see previous post for previous story Line Currently EURUSD Bears take the Stage and push the Eur/usd down from it’s highs of 1.31...

EURUSD Bears Take the Stage

Pls see previous post for previous story Line

Currently EURUSD Bears take the Stage and push the Eur/usd down from it’s highs of 1.31425 to support  @ 1.2950. as predicated.


What to look forward to today:

• US FOMC Statement, US New home sales and EU Flash PMI’s are the main events today. Here is an outlook on the market-movers awaiting us In the US, New Home Sales. 
• core durable goods order(MoM)
• Initial jobless claims 
• Pending Homes sales

Look out for onetwotrade market report  for further information on European development and lots more.

Else Contact me on:

www.kasim@onetwotrade.com
skype kijelu
Traders chat Room "Special Ops" coming soon!!!

Or  any member of  the team @ www.onetwotrade.com
02030360919

pls Trade responsibly  at you're own risk

GOLD

Gold Daily chart

• Gold prices stabilised on  Friday as some disappointment over U.S. economic data echoed, driving gains for the U.S. dollar.

• Gold futures for December delivery GCZ2 -0.56%  fell $7.80 to $1,737 an ounce on the Comex division of the New York Mercantile Exchange. On Thursday, gold fell $8.30, or 0.5%, to $1,744.70 an ounce.

4 Hour Chart


A report released in the U.S. on Thursday showed that first-time jobless claims rose by a sharper-than-expected amount. Initial claims rose 46,000 to 388,000, erasing a sharp drop seen the prior weeChart

1 hour Chart

summary

Comment: the immediate trend remains down and the momentum is strong.


Key levels 

1753** Intraday resistance
1747** Intraday resistance
1731** Intraday pivot point
1721.84 Last
1707** Intraday support
1688* Intraday support
1677** Intraday support


Risk disclosure
client agrees to use this blog at client own risk. this service is independent from any other company and is my own personal view of the market this blog is for client who are able to bear loss of all the money they invest and who are experience in the financial market risk taking. the possibility exist that a client can sustain a loss of some or all of clients initial investment and therefore client should not invest money that they can not afford to lose.. please seek advice from an independent financial ad visor not me kasim ijelu or any other lay person
Options
An option is a contract which confers on the buyer the right, but not the obligation, to
buy or sell an underlying asset at a given price on or before a given date.  The right to
buy is known as a call option and the right to sell is known as a put option.
You can either buy or sell option contracts.  Buying option contracts carries less risk
than selling (writing) options; this is because if the price of the underlying asset moves
against you, you can allow the option to lapse and only lose the premium that you paid
to the seller (writer) of the option plus any associated fees and transaction charges.
However, if for example you buy a call option on a futures contract (or other
contingent liability contracts) and during the life of the contract you exercise the option
to acquire the futures at a given price then this will expose you to the risks associated
with futures trading (see above).
The risks involved with writing options may be substantial.  You may be requested to
pay margin payments (see above) and you may be exposed to the payment of losses
far in excess of the premium obtained for selling the option.  When writing an option
you accept a contractual obligation to sell or buy the underlying asset if the option is
exercised against you.  This may involve you in selling or buying at a price (the
exercise price) which may be way below or above the prevailing market price of the
asset. s 

Explore a revolutionary product - OneTwoTrade

Contact Me on 02030360919 or 07872578615 Mr kasim Ijelu

EUR/USD In the Balance

Monday 22/10/2012

Daily chart

• With Moody negative outlook and Spain Credit affirmed at Baa3
• The risk assessment to purchase out Spanish government bonds to control price volatility 

• Credit line Open to Spain by the (ESM) European stability Mechanism
• This should help Spain sustain demand for Spanish government bonds and allow the ECB to activate it outright monetary Transaction (OMT) program of the secondary market

• ESM Positive out come last week: this will allow for gradually reducing the large deficit and debt burden.

• The On going progress towards restructuring the Spanish banking sector and enhancing the solvency of the affected banks is another positive and should restore confidence.

• ECB summit Meeting last week reached an agreement that the ECB should regulate the Spanish banks but market is still mixed as to what the regulation will look like.

• The dollar was also gaining as investors eyeballed the European Union summit for news and braced for some disappointment on banking supervision. The European Council said early Friday that it has set a deadline of Jan. 1 for agreeing a legislative framework for a single banking supervisor.

• The dollar was up lifted by the data. Strong greenback in turn tends to hurt dollar-denominated commodities such as gold.

• U.S. stock-market futures were pointing to losses for Wall Street after some disappointing earnings from Microsoft Corp. MSFT -0.32%   released after the close of trading Thursday.
• Europe stocks traded weaker across the board.

Summary

Pivot: 1.3075

My preference: Short positions below  1.3087 and with targets 1.3015 & 1.222 in extension.

Alternative scenario: Above 1.3087 look for further upside with 1.312 & 1.314 as targets.

Comment: the RSI is capped by a bearish trend line.

Key levels
1.314
1.312  key LEVELS TO WATCH FOR A LONG TERM FALL TOWARDS 1.22 
1.30109
1.3075
1.3024 last
1.3020   key LEVES TO WATCH FOR A SHORT TIME BOUNCE  BOUNCE TOWARDS 1.31 
1.3015
1.299
1.2955

Risk discloser
client agrees to use this blog Timlessfx at client own risk. this service is independent from any other company and is my own personal view of the market this blog is for client who are able to bear loss of all the money they invest and who are experience in the financial market risk taking. the possibility exist that a client can sustain a loss of some or all of clients initial investment and therefore client should not invest money that they can not afford to lose.. please seek advice from an independent financial ad visor not me kasim ijelu or any other lay person
Options
An option is a contract which confers on the buyer the right, but not the obligation, to
buy or sell an underlying asset at a given price on or before a given date.  The right to
buy is known as a call option and the right to sell is known as a put option.
You can either buy or sell option contracts.  Buying option contracts carries less risk
than selling (writing) options; this is because if the price of the underlying asset moves
against you, you can allow the option to lapse and only lose the premium that you paid
to the seller (writer) of the option plus any associated fees and transaction charges.
However, if for example you buy a call option on a futures contract (or other
contingent liability contracts) and during the life of the contract you exercise the option
to acquire the futures at a given price then this will expose you to the risks associated
with futures trading (see above).
The risks involved with writing options may be substantial.  You may be requested to
pay margin payments (see above) and you may be exposed to the payment of losses
far in excess of the premium obtained for selling the option.  When writing an option
you accept a contractual obligation to sell or buy the underlying asset if the option is
exercised against you.  This may involve you in selling or buying at a price (the
exercise price) which may be way below or above the prevailing market price of the
asset. s 

What is hedging?

Hedge

A risk management strategy used in limiting or offsetting probability of loss from fluctuations in the prices of commodities, currencies, or securities. In effect, hedging is a transfer of risk without buying insurance policies.

To reduce the risk of an investment by making an offsetting investment. 

There are a large number of hedging strategies that one can use. 

To give an example, one may take a long position on a security and then sell short the same or a similar security. 

This means that one will profit (or at least avoid a loss) no matter which direction the security's price takes.

 Hedging may reduce risk, but it is important to note that it also reduces profit potential.

below in a  good example of a usdcad hedge technique

http://www.youtube.com/watch?v=LrQARA1irx4

Onetwotrade Daily market Report

Fear and Greed/ Cause and effect

Good Morning Rise and shine as the world awaits you’re glory As your Pending IB (Introducing broker) I Will be contacting you with Monthly, Weekly, and Daily market news.about your selected interest What you can expect from me A 1-2-1 relationship tailor made to suite your needs 24 hours a day 6 days a week 1.An already made Trade plan 2.Simple Rules of engagement 3.Market summary broken down into its simplest form for your understanding. 4.Money Making traders Psychology Tips and Tricks So if you are serious about changing you're vision then let’s begin “Fear and Greed are the only two things that can make the market Move” So when you see cause in the world you must have its effect. Identify this and you will make thousands then millions” Contact me: Kasim Ijelu 2018547 or call me on 07872578615 http://www.t4xsignals.com

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More videos from OneTwoTrade (playlist)

What Made Gold Plummet?

http://www.youtube.com/watch?v=QJ-iN6Qpy7s&feature=plcp

One two trade

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For those guys and girls that are well skilled and knowledgeable in the arts of trading
I'm sure you will be able to untilise this method to possibly hedge or straddle FX Positions. .!!!!!
Well! Watch this video and tell me what you think....
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