Economic Calendar


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Currency Strenght

Thursday 31 January 2013

FaceBook Outlook

 Facebook on the cards at the moment better than expected earnings but still we saw a sell off in the asset due to the fact that most of the action had already been price in and still took a 7% fall

Vision is like the stars

Running may mean taking a risk; the man who is afraid to throw the dice will never throw six; do not complain about obstacles brooker T Washington said
"you measure the size of the accomplishment by the obstacles you had to overcome to reach your goal"
. Your Vision is set written down and measured then you are half way there.
Vision is like the stars: you do not succeed by touching them but if you were lost on the ocean, the one thing that helps you find your way back would be the stars. As you choose them to guide you: as you follow them you will reach your destination

Thank You!!!

1.Enter with the password Thank you. So Thank you to every single trooper for being you and being part of this new era if wealth creation.so Now In everything give thanks and have a healthy expectation of the things to come.
2nd Plan,Plan, Plan,Plan,Plan,Plan,Plan,
Plan,
How many times did I say that vital word "Plan"?
If you need a trading plan then request one from me. Via the www.timelessfx.blogspot.com
Or send me an email kasim@onetwotrade.com
Remember you are the only 1 responsible for each trade you take. Without a plan is like jumping out a plane✈ with a parachute or rowing a boat with out a paddle 🚣

Wednesday 30 January 2013

Usdjpy news

Investing.com- The U.S. dollar weakened against the Japanese yen during Thursday’s Asian session. Economic data out of Japan indicated that the Japanese economy may be weaker than expected, while in the U.S., the Federal Reserve maintained its monetary stimulus programs.

The USD/JPY shed 0.20% to 90.91, down from a high of 91.16 and up from a low of 90.80. The pair was likely to find support at 88.29, the low from January 22, and resistance at 91.35, Wednesday’s high.

Despite the fact that the yen was stronger against the dollar Thursday, the yen has been steadily depreciating against the greenback since mid-December. Then candidate for Prime Minister, Shinzo Abe laid out his plan to drive down the value of the yen in an attempt to jumpstart the Japanese economy.

The high hit on Wednesday in the pair represents a level that had not been seen since the spring of 2010.

Earlier on Thursday, Japan’s industrial production came in at 2.5% on a month-over-month basis. Economists had forecast a gain of 4.5%, so the number was somewhat of a disappointment. Also, Japan’s manufacturing PMI reported at 47.7 -- higher than the previous reading of 45, but still lower than 50. A PMI reading below 50 suggests economic contraction.

In the U.S., the Federal Reserve’s Open Market Committee (FOMC) released its rate decision. The FOMC opted to leave interest rates near 0% while continuing to purchase about $85 billion per month in securities.

Continued monetary easing from the Federal Reserve might be seen as dollar negative, as it could stoke the possibility of inflation.

At the same time, U.S. GDP contracted on a quarterly basis, suprising economists who had been looking for a modest expansion. GDP came in at -0.1%, less than the positive 1.1% gain anticipated.

Japan’s economy remains dependent on exports, particularly electronics. Earlier on Wednesday, electronics giant Nintendo raised its earnings outlook while at the same time lowering sales expectations.

A weaker yen helps to support Japan’s exports by making their products cheaper to foreign purchasers.
Investing . Com

Tuesday 29 January 2013

Pfizer

Earning have helped take some of the edge off the slightly downbeat sentiment as Pfizer beat analyst estimates
Pfizer reported profit of 47 cent a share 3 cent ahead of expectations
Also consumer confidence (JAN) is due to be released at 15:00 gmt Consensus 64:0 previous 65.1 actual ?
Asset PFIzer, amazon S&P 500

Market focus

European Markets seems to continuing their recent momentum which has helped it reach Multi year highs
The fed statement tomorrow is likely to be the most eagerly anticipated news of the week
A sign of growing stability in Greece, market regulators are shelving a short-selling Ban on stocks except for shares of Greek banks
Also : Pfizer EPS $0.44
FTSE 100, Dax , Eurusd

Your mission today is.....

Life is to precious to surrender to fate, You need to seize the moment.
If you are rooted In your vision, it will be your refuge when you are unhappy, pleasure when you are afraid and your passion when it is time to run.
Therefore your mission today is write two or three paragraphs and send it to me kasim@onetwotrade.com
The title : Why I want to be trader this will be your
Mission statement. Very very important
Over and out!!!

Monday 28 January 2013

You must stay the course!!!!

Trains cannot move fast unless they are on track. Stay rooted, for every good things will be challenged or opposed. And bad things will happen to frustrate your climb in life. You Must understand that this is part of the pain the problem or persecution you face. Your journey is slowed down when you leave the road and drive on uncharted road. Stay the course then decide if it is the right road for you. Operating from the centre of your stomach the through the will of your heart and soul makes you invincible to the weapons of destruction.
So do not let what you are going through stop where you are going to. " possibilities and opportunities"

Thursday 24 January 2013

The Dreamer

In the words of Oscar Wilde ' a dreamer is one who can only find his way by the moonlight and his punishment is that he sees the dawn before the rest of the world'
When you write down your vision and read it regularly you see when others have not even woken up!

You must Rate your vision: your vision is not big enough u tip it has shocks your peers

Wednesday 23 January 2013

GOOGLE AND APPLE update VIEW



FTSE 100 Outlook



GOLD Outlook


EURJPY Outlook


USDCAD Outlook 28/1/2013



weekly
USD/CAD rose sharply to as high as 1.0099 last week and the break of 1.0056 confirmed resumption of whole rebound from 0.9633. Initial bias remains on the upside this week for 100% projection of 0.9633 to 1.0056 from 0.9815 at 1.0238 next. On the downside, below 1.0035 minor support will turn bias neutral and bring consolidations. But retreat should be contained by 0.9970 and bring another rally.


daily














USDJPY ABE Effect


AUDUSD Outlook 28012013


AUD/USD's sharp decline last week suggested that the choppy rise from 1.0148 has finished at 1.0597 already. Initial bias remains on the downside this week for 1.0345 support first. Break will confirm this bearish case and should target 1.0154 support and below. On the upside, above 1.0467 will turn bias neutral again. But after all, choppy rebound from 1.0148 is viewed as a corrective move and even in case of another rise, we'd expect strong resistance below 1.0624 to limit upside and bring another decline.

Last week Below 









EURUSD Inverted head and Shoulders



Daily Eurusd 28/01/2013

EUR/USD finally broke out of recent range and jumped to as high as 1.3483 last week,just inch below mentioned target of 1.3486 key resistance. Initial bias remains on the upside this week. Sustained break of 1.3486 will target 100% projection of  the ABC Pitch fork  targeting D " 1.3785/1.3830
On the downside, break of 1.3264 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat.











Weekly

Invested head and Shoulders


GBPUSD Outlook 28012013


GBP/USD dropped further to as low as 1.5745 last week and the break of 1.5827 support indicates that whole rise from 1.5268 has finished at 1.6380 already. Initial bias remains on the downside  Break of 1.5751 will target a test on 1.5400 and 1.5265 key support next. On the upside, break of 1.5892 minor resistance is needed to signal short term bottoming. Otherwise, outlook will stay cautiously bearish.














Saturday 19 January 2013

Love Of the Art

Love is considered by many philosophers to be the most potent force know to humans. When love is directed toward ones spouse and/ or one's chosen field of work, each waking moment brings with it a warm welcome which lead eternally into the house of Prosperity. There is no doubt in my mind that if the aspiring trader can truly learn to Love this art we call trading, no obstacle will be able to withstand the potent force created by the mighty combination of love and the desire to succeed. You see when a trader Loves trading, just for the sake of trading, losses won't even have the power to stand in the way. Set backs and period of crisis will be viewed as opportunities and compelling reasons to excel even higher. Traders today who magnificently endowed and endured and now have the ability to profit beyond most people's wildest dreams, they will tell you that they Love trading with all there hearts.
The question now is do they love trading becos they are winners today ? Or are they winners today because their love for the art of trading kept them alive when most individuals fell by the wayside without Love . I'm willing to bet the latter. Have a great weekend

Wednesday 16 January 2013

As easy As Three Two One Asian Session



Come trade with me Live Call or Email Kasim Ijelu Senior portfolio Manager  @ kasim@onetwotrade.com
i\ll teach you for free
07872578615

As easy as one two trade the Asian Session

on a Free account and Come trade with me email on 07872578615 Senior Portfoil Manager 
Kasim Ijelu 
or mail me on Kasim@onetwotrade.com or find me on face book



Was Christmas expenses ?

3-Month Chart of AXP - American Express Company

Our pivot point stands at 58.9.


If the upside prevails as long as 58.9 is support.

Second scenario: the downside breakout of 58.9 would call for 57.6 and 56.7.

Comment: the RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 58.15 and 56.73). American Express is currently trading near its 52 week high reached at 61.42 on 02/05/12.

Supports and resistances: 
64.3 *
63.3 **
62.5
60.79 last
59.5
58.9 **
57.6 *

Citi

3-Month Chart of C - Citigroup Inc.

We move up our pivot point to 38.6.

Our preference: As long as 38.6 is not broken down, We may get  an up move with 43 and then 44.7 as next targets.

Alternative scenario: below 38.6, the risk is a drop towards 34 and 31.1.

Comment: The 20-day and 50-day moving averages are rising and are supporting the stock in a bullish trend. 

Trend: ST rise; MT bullish.

Earning Report For the 1/17/2013 Intel


Technically Speaking
Our weekly pivot point stands at 21.69

Our preference: As long as 21.69 is not broken the upside looks favorable with 22.58 and then 23.60 as next targets.

Alternative scenario: below 20.95, the risk is a drop towards 20.65 and 20.16

Comment: The daily technical indicators are reversing up and are advocating for a technical rebound.

Trend: ST limited rise; Main Trend is  bearish.


4hr Time frame

Fundermental:

What's happening to the PC?
On Thursday afternoon when chip giant
Intel reports fourth quarter earnings, we'll get a much better idea.
Almost right up until the second half of 2012, Intel had been able to thrive despite the fact that consumers in developed markets like the U.S. and Western Europe just weren't buying as many computers as they used to. Bolstering Intel were the twin trends of companies buying new laptops and servers, and families in emerging markets buying PCs as they move into the middle class.

Intel is expected to report earnings per share of 45 cents on revenue of $13.76 billion. And according to third-party research firm Gartner, worldwide PC sales slid 4.9 percent in the same quarter. With that backdrop, the overall performance of Intel's PC Client Group is key to understanding the overall market. For Intel's stock though, the company's full-year guidance on gross margins and capital expenditure probably matters more.
Investors will also be looking for signs of optimism from Intel CEO Paul Otellini and his team.
Last quarter Intel executives said they'll be working with the supply chain to lower the price of touch screen components. The idea here: The sooner PC OEMs can offer touch laptops at the $500 to $600 mainstream sweet spot, the sooner Windows 8 will truly spur consumer demand.
Longer term, analysts will be looking for better evidence that Intel can gain ground in tablets and smartphones, where so far the chip giant hasn't made a dent. That's no easy task: With the latest chip announcements last week from mobile rivalQualcomm, the goal posts keep moving.
news from CNBC

Outlook

JP Morgan EPS $ 1.39
GoldMan Sachss $ 5.60
Nasdq futures Markets

EURUSd EOD Yesterday



German GDP not So good

What's in focus for Binary

eBay up by 1% since November 30th
eBay (NASDAQ: EBAY)
Reports Wednesday, Jan. 16 after close; Consensus $0.61 EPS / Revenue $3.97 B

Shares of eBay have risen less than 1 percent since I published An Unexpected Winner in Mobile Commerce on November 30. My conviction on eBay remains the same as the company is uniquely positioned to benefit from the rise in mobile payments and an increasingly cashless society with its PayPal business.

On Wednesday’s conference call, investors will be hoping to learn more about a recently announced collaboration between NCR (NYSE: NCR) and PayPal. NCR develops the point-of-sale hardware used at various national retailers and has seen its shares rise more than 3% since today's press release. The joint venture, announced earlier this morning on January 15, allows PayPal to dramatically expand its physical retail footprint. In addition, PayPal technology is being tested to allow a tableside ordering system at restaurants.

Management’s guidance for fiscal years 2013 and 2014 will likely affect eBay’s stock price to a greater degree than fourth quarter 2012 results. eBay posted strong comparable-store sales for December, which leads me to believe the company’s market share gains will continue in the New Year.

JPMorgan Chase (NYSE: JPM)
Reports Wednesday, Jan. 16 before open; Consensus $1.20 EPS / Revenue $24.61 B

Investors will be looking to see continued revenue strength within JPMorgan’s investment banking and mortgage businesses in upcoming fourth quarter results. The company’s mortgage banking division reported record production revenue during the third quarter, with originations up 7% compared to the second quarter and 29% year-over-year.
Jpmorgan mortgage division up by 7% in 3rd quarter
CNBC

What's is your Purpose today !

For you Truly: What's is your Purpose today !
Purpose paints a picture in your spirit. It gives substance to an unseen thing that you feel or know inside you and which you must pursue. It helps you translate that vision so that you see it In a plan of action.

Purpose helps you maximise your energy; it gives you something to do. Purpose gives the time you have on your hand some meaning. It project you from merely being busy to being effective! effective! effective !!!

Purpose helps you to see a goal that will take you to your desired end. Make good and better choices and remember that not everything Deserve your time and energy so you must then prioritise and if you forget them let purpose answer the question for you. Because not everything you engage in is Necessary. Find what is start it follow it and finish it!!

The knowledge of purpose increases our confidence in Life and assures is that we are doing the right thing.
Make sense ?

Rock on!!!

Monday 14 January 2013

FTSE 100 EURUSD


Main focus in Europe Today is industrial production data which has come out below expectation the actual figure has come out worse than the previous month and well below consensus.

Industrial production Released at 10.00am actual -3.7% consensus -3.2 Previous -3.6

industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

In Greece the government approved a series of Tax Hikes to increase Government Income  


Sunday 13 January 2013

What Is Persistence?

Persistence is the ability to maintain action regardless of your feelings. You press on even when you feel like quitting.

When you work on any big goal, your motivation will wax and wane like waves hitting the shore. Sometimes you’ll feel motivated; sometimes you won’t. But it’s not your motivation that will produce results — it’s your action. Persistence allows you to keep taking action even when you don’t feel motivated to do so, and therefore you keep accumulating results
Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “Press On” has solved and always will solve the problems of the human race.
- Calvin Coolidge