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Currency Strenght

Tuesday, 7 May 2013

Caterpilliar Great Opportunity on Price Conformation

Investors with a one- to two-year time horizon would be well-advised to buy shares of Caterpillar Inc. (NYSE:CAT), the world's largest maker of mining and construction equipment, thanks to a share buyback, a reviving U.S. economy, more fiscal stimulus by non-U.S. governments and the stock's relatively low price, financial magazine Barron's said.
4hr time frame 
Barron's also said Caterpillar has made progress cutting costs and noted that its inventories are declining.
Caterpillar shares, which were $87.40 in afternoon trading, are up 9 percent since mid-April when it dipped close to its 52-week low ahead reporting disappointing Q1 earnings and lower expectations for 2013.


1hr time frame
Caterpillar rose 1.8% to lead the Dow components, while UnitedHealth and Pfizer gained 1% and 0.9% respectively.

AUDUSD cut rates 25bp to 2.75% could there be another fall?

The RBA lowered it benchmark rate to a record low at today's meeting driving AUD/USD below the 1.0200 level in what was otherwise a very uneventful session in the currency market. The RBA cut the interest rate another 25bp to 2.75% citing slowing growth in the global economy and leaving open the possibility that the central bank may lower rates further before the year end.



Governor Stevens made particular mention of the exchange rate, stating that it,"has been little changed at a historically high level over the past 18 months, which is unusual given the decline in export prices and interest rates during that time. Moreover, the demand for credit remains, at this point, relatively subdued." This was a clear signal by the central bank that it views the AUD/USD as too high at current rates and would like to see the pair trade lower - at least below parity - in order to rebalance the economy and stimulate the export sector.

To drive its point home the RBA stated that. "The Board has previously noted that the inflation outlook would afford scope to ease further, should that be necessary to support demand. At today's meeting the Board decided to use some of that scope." The emphasis on some suggests that the RBA is not finished easing just yet and given the absence of any price pressures in the Australian economy, would not hesitate to cut rates to 2.5% before the year end.

The Aussie initially tumbled on the news dropping below the 1.0200 level but then found some support from reported Asian Central Bank buyers who were bargain hunting the pair. However as the day progresses the downward pressure on Aussie is likely to increase as markets fully digest today's message from the RBA. With global growth clearly slowing, especially in its key export market of China, the RBA is now seriously focused on lowering the exchange rate for the pair. For now the AUD/USD enjoys long term support at 1.0150 but if tonight's AU report confirms the slowdown in economic activity the pair could very quickly fall towards the key parity level as the week progresses.fxstreet

Key Support: The breakdown of the support in the 4H chart brings the AUD/USD to another key Support around 1.0153 however could keep the AUD/USD in long-term consolidation, has a reversion-back-to-the-mean scenario at least back toaward 1.0303 weekly pivot
If the market falls through 1.0153 amd 1.0141 support zone, it will open up the parity level as well as a rising trendline going back to Oct. 2011, and the 200-week SMA, which is around 0.9860 at the moment..timelessfx

EurUsd Ranges between 1.3000 and 1.3200

4hrs Time frame 

Eur/usd ranging between 1.3000 and 1.3200 or there about's
there is a Andrews pitch fork slight breach but no real trigger as of yet
Mr Price is below 4 hr 50% fib but still not decisive enough to make a play.
On a wider play Mr price would need to break above 1.3225 or below 1.2970 set a clear direction and bias
1hr Time frame



Accelrys and Pfizer Extend Agreement for Global Deployment of Scientific Innovation Lifecycle Management Software

SAN DIEGOMay 7, 2013 /PRNewswire/ -- Accelrys, Inc. (NASDAQ: ACCL), a leading provider of scientific innovation lifecycle management software, announced today that Pfizer, Inc. (NYSE: PFE) has signed a three-year contract with Accelrys, extending the companies' long-standing strategic partnership.  The agreement continues the global deployment of the Accelrys Enterprise Platform, Pipeline Pilot, Cheminformatics Suite and Modeling & Simulation software to Pfizer researchers worldwide.

Wednesday, 1 May 2013

The Gold Rush!!! Daily, 4hrs, Hrly Charts Broken Down 4 your Eyes only

Non -Farm Payrolls Friday


Daily

4hrs


1Hrly

Now this is what took place after the event Below 
pls give comments need feed back if i need to make things more simple
Easy peesey lemon squeezey 

Make your self accountable

Alert!!! Alert!!!Must 💨read b4 👊you trade 🌟today 🌞very very important all the way to the end so lend me your eyes 👀and ears
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Lesson 15

Unlike structured social activities that have defined beginnings and endings and rigid rules to guide your behaviour, the market environment is more like a river constantly flowing, with no beginning or ending with almost no structure. Once you jump in the river, it can change direction at any moment. It may have been flowing north but then start to flow south. It's unstructured to the point where you make up a your own rules to play by. With a great deal of latitude to do so.
You have to decide if and when you will jump in and with how much force.
In an unstructured and unlimited environment, it is essential that you establish rules to guide your behaviour. You need to create definition and give yourself direction. Otherwise, you will feel overwhelmed with too many possibilities.
With out these rules you will create devastating losses for yourself. Remember the psychological issues/ battle here is that if you make up and play by your own rules, you also have to take total and complete responsibility for your action as well as the outcome of your actions.

The typical trader will do almost anything to avoid creating definition and rules because he does not want to take responsibility for the result of his trading.
Do not keep your relationship with the market so what mysterious to yourself it is as it is plain and simple
Make your self accountable by creating structure with accountability
The truth is in this unlimited environment the less structure you create for yourself, the less accountable you are, the more eaiy it is for you to be swept away by the force of events and the less control you seem to have over your life.

If you can't learn to define your own behaviour and that of the markets, you can't learn how to repeat your wins or prevent losses.