Euro Trading News – Downward Pressure


 

28, April 2010

S&P downgraded both Greek and Portuguese debt yesterday, as fears over a fiscal crisis in the Eurozone continued to spread. As the market turns it attention away from the Hellenic Republic towards Portugal, two year Greek bonds are now yielding over 13% as investors offload them and worries over how the downgrade will affect ECB collateral requirements (which were only changed a few weeks back to try to stop this happening) take hold.

The Euro fell to an 11 month low against the Dollar, the historical safe haven currency, and further falls seem likely and would be very welcome in dealing with the deepening sovereign problems throughout the Eurozone. Some commentators are speculating that the ECB could use its ‘nuclear option’ to help debt stricken countries fund themselves. This involves direct purchases by the Central Bank of Government bonds and is akin to printing money, which would put major downside pressure on the Euro.

Sterling has held on to recent gains against the Euro, trading above the key 1.15 level in spite of the continuing fears over a hung parliament. As more uncertainty grips the market over the Eurozone and risk appetite diminishes, Sterling has fallen against the Dollar towards 1.51 and looks likely to continue on this path in the near term.

Stock markets across the globe declined yesterday as the Senate heard Goldman Sachs testimony about the SEC charges levelled against them relating to a synthetic derivative deal they brokered, casuing large losses for several investors including IKB, a German bank. Traders tried to figure out how the case is likely to affect financial markets moving forward and whether more cases of this kind will be brought against financial firms and the deals they did in the lead up the financial crisis in 2007-2008.

Today, all eyes will be on the FOMC interest rate decision and if there is any change in tone from the current dovish stance towards a more hawkish tone. We also have German and Aussie CPI data along with Canadian house prices later this afternoon.

Report by Alistair Cotton

Currency Market Updates by Tom Nadir

Contact Currencies Direct for Corporate or Private Transactions. Open an account today and save money.

Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

The contents of this report are for information purposes only.

BlogCatalog – Finance


 

Forex Torpedo An Incredible EA That Can Look Into The Immediate Future


 

Discover a revolutionary Forex Robot that made more than 2,680% in 2009 and download the Forex Auto Detector Software FREE that can increase the profitability of any Forex Robot by 53% or more. Learn this powerful Fibonacci Retracement method FREE that pulls 500+ pips per trade. Get these Forex Scalping Cheatsheets plus the 10X Scalping System and the Hot Time Indicator FREE just now!

Right now traders from all over the globe are lining up to buy FTS’ incredible new EA Forex Torpedo. The entire Forex community has been swept by an unrelenting buzz with the expectation that this awesome new discovery is going to change the way we trade forever. The boundaries of Forex Artificial Intelligence have systematically been smashed to smithereens.

Because the FTS team have produced the absolute unthinkable: a Forex robot that really is able to see into the immediate future, enter trades for you, then come out with incredible profits each and every time. And if you want to know the extent of what that means… then try $20,000 in less than a week… These guys have finally proven that it really IS possible to make an absolute killing on the Forex markets without even lifting a finger. They’ve uncovered a secret, the missing ingredient to LONG-TERM automated Forex profits:

If you’ve read this far, you’re more than qualified to discover this amazing new development in the world of automated Forex trading. But how do you know that this isn’t just one more quick fix EA that will rid you of your hard-earned cash? Day in, day out, you hear about these stories of rags to riches traders who have ‘invented’ their own life-changing Forex systems which they are more than happy to share with you. It’s all just bull.

The reality is that small traders can study the markets as much as they want, but it won’t make them experts. As with many things in life, when trading Forex there really is no substitute for experience. Fortunately for us, the team at FTS combine a total of over 40 years Forex trading experience, ranging from Wall Street to Sydney, then right across the globe to London, England.

These guys’ sole mission in life for the last few years has been to revolutionize the Forex market… to create something brand new… and bring successful trading to the guy on the street… And they have certainly done that…You see, the multi trillion dollar Forex market is perhaps the only potentially level playing field that there is out there. Where else could a single person turn $2,000 into $92,000 entirely on autopilot?

Where else could your average man on the street make $20,000 in a week without even lifting a finger? Only on the Forex market. But these kind of figures really are only achievable if you have the RIGHT TOOL at your disposal, which has been created by TRUE PROFESSIONALS. That’s why these guys are offering irrefutable evidence that Forex Torpedo can automatically hunt down winning trades for you. And, once it does, it pounces and enters that trade for you then waits until the time is right to close that trade and bring the profits home to you.

Forex Torpedo is a 100% automated trading robot that does all of this work for you. It can be trading for you when you’re in bed asleep, at the shops, at the beach, anywhere. You can even let Forex Torpedo trade for your whilst your at work and let it pile up the profits for you until the day arrives when you can finally tell your boss where to stick his job! And, what’s more:

* You don’t have to know anything about Forex

* The software does everything for you – it finds, enters and exits the trades AUTOMATICALLY

* It has built-in money management rules that protect your hard-earned cash and totally minimizes any risk involved

* It can be downloaded and installed in a few minutes – you don’t need to know anything at all about computers – even a child could do it!

* You don’t have to be around at all whilst the software is trading – you simply need to enter the provided default settings and the rest is done for you

Still not convinced? Well, I wouldn’t blame you. As we’ve discussed there are a lot of unscrupulous crooks out there, waiting to swipe your money. But with Forex Torpedo you can see cast-iron PROOF of how this incredible EA turned a starting balance of a measly $2,000 into $92,000 all in less than a year. You can also see how it turned a profit of $20,000 in less than a week…And these profits aren’t just one-offs. No, these kinds of gains are typical of Forex Torpedo and the kind of trade the FTS team are helping ordinary guys like you make, day after day.

Forex Torpedo is almost ready for launch. Traders all over the world have been waiting all year for this robot and it’s going to be a real fight to get hold of a copy… I’m going to make sure that I keep you ahead of the competition. So I’ll be in touch to let you know when the software goes live the moment it does so. Trust me, you do NOT want to miss this!


 

Charting Your Path To Success: Making Your Trading Plan Work


 

Creating a trading plan is not going to make you a sudden millionaire. Beginner Stock Market Investing is key! You will discover a dozen things that can probably go wrong in the market, even with a plan, a profit isn’t certain. However the likelihood of triumph is better by following a good and whole stock market trading plan. This plan is not a genie which you’ll be able to rub for a mysterious revelation of the time and trades you must take.

Let’s be clear, when we talk about a stock market trading plan, we do not insinuate a long list of ostentatious sounding stock investing advice from a dozen investment books. A practical and effective stock market trader’s trading plan is a lot more than “buy this, buy that, sell this, sell that.” A stock trading plan should be your individuality on a piece of paper with a lot of work included.

The very first thing that the stock market trader must do to create a trading plan is to make the plan 1 that you are willing and in a position to work with. What will that imply in terms of how the stock trading plan is created? It means it’s important to know what the trading plan is about and what its targets are. For example, if subsequent to reading some stock market content, you set unrealistic earnings targets for yourself. You are certain not to meet them. Not meeting those income margins may be very discouraging psychologically and you will likely start ignoring the plan altogether. A stock trading plan begins with sensible and easy to meet targets and a market that you will comprehend. If you were a dentist or a physician, you’d know alot about the pharmaceutical market, the same goes for an engineer for the construction companies and real-estate market. Knowing what you’re getting into will always make your stock trading plan work more efficiently and make sure you concentrate on that.

Then, your stock trading plan shouldn’t make unreasonable demands on you. Simply put , this indicates that you mustn’t allude that you plan to sell at 1.50 when you really want to sell at 1.75. A day trader’s character whether it is daring or conservative must be mirrored and slightly reined in by your stock trading plan. Always endeavor to go for the middle ground while building trading techniques for your plan. What simply put , this indicates is, you have to join that realm of personal instinct and rational trade procedures. A good example of this may be if, being a conservative stock market participant, you’d be comfortable at selling at 2.0, hoping to avoid any loss of profit. But your stock market trading tip tells you that the corporation’s shares can peak at about 3.0. A secure bet for your selling would be 2.5, a median price with some risk but not entirely reckless. Trust me; it is a lot better for your mental health, if you can work with your plan instead of constantly second-guessing it.

All of this, of course, is basically aimed toward making you follow the trading stocks plan. To be honest, following the plan is really the only thing the day trader needs to make it work, but then would you follow a trading stocks plan that you’re uncomfortable with? So, if you’ve done all your groundwork, using your plan should be undemanding.

Understanding The Stock Market Education: Visit our website for more excellent information on creating a winning trading plan.

Read vital advice about the topic of forex managed account – study the web site. The time has come when proper info is really only one click of your mouse, use this chance.


 

Day Trading Tips For Beginner


 

The words daytrading represents the system of selling and buying financial tools like bonds or stocks throughout the day.

If managed properly and smartly, day trading can end up being highly beneficial in making money. However it demands a lot of study and frequent updates. Numerous beginners assume that it’s really uncomplicated to go for stock trading but it isn’t so in reality. Here we will be talking about few day trading tips that would help new along with existing traders to earn fast and good returns on their investment.

Never be overconfident and do overtrading. Keep in mind that more often than not, the market is moving in an unpredictable way. Part-time traders on small trading out there cannot really analyse such unpredictable circumstances in an active manner.

Most investors go for day trading because of the excitement of the business and scope for massive profits. This is actually the initial stage for the trader of heading towards failure. A successful day trader is the one who sits and watches the variations in the trade for a long time and waits for the best time when he could make huge profits with minimal risk. A skilled and smart trader knows that slow and steady wins the race.

The 2 best times to trade are:

(a) The beginning of a new trend

(b) A trend has run its course

These are the only two right times enabling you to move the profits to your side. If you happen to plan to trade during a trend, be prepared to touch the highest risk level and get inclined to losses.

A massive number of free trading rooms for daytrading tips are available nowadays. But, it ‘s better to trust your analysis and conscience rather than following such trading rooms. History shows that it’s not safe on the trading part to have confidence in such daytrading rooms.

Always put aside your emotional while trading stocks. Emotions don’t matter in trade. Rather, they turn you towards psychological as well as financial loss. Don’t get happy on any good news and do not without prior evaluation of the circumstance. Get a comprehensive research before taking any action just on hearing good trading news. That’s, control your emotions and go over the condition. In case of loss, don’t stress and panic. Just relax and then try to find out what and where get wrong. Do not get too depress on your failures. Keep an open mind. All this will help in achieving good profits.

A lot of the traders bank on back-testing for their future trading actions. That’s, using a technique that has proved to be successful previously. Such traders take their upcoming steps according to such particular techniques. But the fact is that though back-testing is a great methodology, it isn’t necessary that previous performances suggest future results. A lot of times, a proven and tested trading method does not warranty you a trading success.

With the correct drive, dedication and discipline, day trading can significantly influence your monetary future success.

Jonathan Freezy, the Founder and Chief Master Trader of learnforexsecrettrading.com, has actively involved in day trading for over 15 years. He has coached hundreds of Forex Newbies and Advanced Traders to learn forex trading and also forex trading strategies, most of whom, in turn, have become part of the Successful forex free trading Community.


 

Day Trading And Foreign Exchange Guides: See Top Brokers Plus 500, ForexYard And Easy Forex To Trade Your Money


 

Day Trading and Foreign exchange Tips: Find Recommended Brokers Plus 500, ForexYard and Easy Forex to Trade Your Money

You will find many forex and day trading websites that offer services to trade and invest your dollars on this famous money market. Perhaps you ever subscribe a forex broker site and you may ask yourselft, is this a scam broker? Okay we are going to like to bring in to you 3 best fx and day trading brokers where you are able to invest and trade your money. They are Plus 500, Forex yard and Easyforex. You are able to choose one of them or all of them, prior to sign up of them, we’ll like to recommend you to try their demo accounts prior to trade your real cash.

Plus 500 is one of the premier online trading brokers that gives good services for their clients and includes recommendations tips along with tools to help you trade your money straightforwardly. They support live chat and one day support so you can ask any difficulty anytime and everywhere as you hope. Similar to other providers, they support trading using your iPhone so it’s simple for you to see your investment on Forex, oil, silver and gold. You can do trading in few clicks and make more money soon. Forexyard has a fantastic and few languages on line trading platform which lets you set up trading with only $100. You can use your credit cards, wire transfer or MoneyBookers to access a real account and start trading in minutes.

Another provider is ForexYard, among best trading companies you can find in the internet which offers good type of on line trading services and benefits for you. Once you load your account via credit cards or other payment methods, you possibly can trade indices, stocks and forex. If you want to trade commodities as well, you visit the correct web, they can trade silver, gold and oil. Plus 500 right now has four type of account, they are mini, gold, platinum and VIP account so it enables you to select which account you like. All their accounts allow you start trading without delay when you load your account via credit cards, wire transfer or other payments depending on your volume.

The last company, we would like to present is EasyForex which also provide on line trading platform to help you to trade on this industry. Easy Forex is actually a good international company which let you to trade via web, desktop or your iPhone anywhere and anytime as you want. Easy Forex has top online trading tools to help trader getting money money, tools are trade simulator, Mobile Trading, Trade Desk, Windows Mobile, SMS Alert Service, Charts, Daily Outlook, Trade Simulator, Insider Viewer and more. In addition they support multi languages like Arabic, Chinese, English, German, Spanish and more so traders are able to trade in their own languages.

Easy Forex, Plus500 and ForexYard aren’t scam brokers, who trade your dollars with professional way.


 

Delphi Scalper Price Hike


 

Delphi Scalper Final Webinar …Thursday  April 29th


Attend this webinar event, before the price doubles and the door shuts forever.

**Learn how to move forward with your accuracy and shatter any doubt of when to pull the trigger…

**Instantly know when NOT to enter the market…

**Discover how to get more of an edge from one simple trick that works EVERY time…

Simply register here to claim your spot on the training and move forward with the accuracy of your forex trading.

Good Trading,
Tom

Currency Market Updates by Tom Nadir

Learn More About Delphi – The High Probability Scalping System – Free Report

The contents of this report are for information purposes only.

BlogCatalog – Finance

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Improve Your Forex Trading Accuracy


 

Delphi Scalper News Update

The Delphi Scalper forex trading system creator, Jason Fielder wants you to improve your forex trading accuracy. It seems that many traders are struggling to get over what he calls the trading “hump”.

And what he means by that, is taking your trading from the point where you are randomly pulling pips out of the market…to being able to do it consistently enough to count on growing your account over time.

So based on the feedback he’s been getting and the flood of questions he’s been getting, Jason’s decided to hold a webinar this Thursday, where he’ll be revealing some of his latest and MOST powerful trading insights to help you with your trading right away.

In fact, he’s going to go as far as giving away his 4 most important trading secrets that made a monumental difference to HIS trading accuracy once HE began using them (and I dare say they will do the same for yours if you’re watching).

One Day Only… April 29th!

**Learn how to move forward with your accuracy and shatter any doubt of when to pull the trigger…

**Instantly know when NOT to enter the market…

**Discover how to get more of an edge from one simple trick that works EVERY time…

Plus a whole lot more that will help you with your VERY next trades… Just register here and claim your spot on the training…before the price DOUBLES!

So if you want to move forward with your accuracy and have a better idea of when to pull the trigger…

If you’re looking for an easy way to know when NOT to enter the market…

Or if you’re simply looking to get a bit more of an edge…

Make SURE to drop by Thursday where he’ll be sharing a few of his greatest tricks that will help you to be prepared in these ever changing markets.

He’ll have some great surprises for you as well! Jason has just recorded a very special video for you that shows you exactly how you can take a tiny winner and turn it into a MASSIVE run away home run…every time…with NO additional risk.

As soon as you register, you’ll be taken to the special page – and I think you’ll really like what you’re about to learn.

I hope to see you there on Thursday.

Good Trading,
Tom

Currency Market Updates by Tom Nadir

Learn More About Delphi – The High Probability Scalping System – Free Report

The contents of this report are for information purposes only.

BlogCatalog – Finance


 

Dirt Cheap Forex Training Package


 

Download this 1 Minute Forex Trading System FREE. Get this powerful Forex Swing Trading End of Day Trading Kit FREE. Learn Forex Nitty Gritty! Bill Poulos: Whoa…The message I sent out a few days ago about my ‘dirt cheap’ Forex training really got a huge response. Many of my readers wrote in to say they really appreciated my comments about student support and how important it is (and many folks were shocked that they could get the same kind of support usually only found in expensive programs with my ‘dirt cheap’ video training modules). If you are being constantly bombarded by offers for high-priced Forex systems that “can’t lose”, here’s a checklist for how to “sniff out” the ones that you might want to consider.

1. Is it a complete system? Does it have setup conditions, entry rules, an exit strategy, and risk management? Without any of these components, it’s not complete, and you shouldn’t waste your time with it.

2. If it has any kind of automated component (like a “robot” or “expert advisor”), does it allow for any discretion on your part as the trader? I feel like I’m beating a dead horse here, but believe it or not some people still think they can rack up millions of dollars using “trading robots” with zero effort on their part. Automation is fine, as long as YOU are still pulling the trigger and making the final trading decisions.

3. Does it offer customer support? In other words, what happens after the sale is complete? Unfortunately, I’d estimate that 90% of the online hucksters don’t care about your potential success AT ALL, and that’s a shame. But the reason most don’t offer good support is that, frankly, it’s EXPENSIVE to hire professional traders to help answer your questions. So, make sure you have a team to support the system you are using.

Finally, regarding price… I like to think of trading education as the most important education you can invest in. Even more important that a college degree, because you’re hopefully learning skills that put YOU in control of your financial destiny. So before you plunk down another $1,000 or $2,000 or more on another Forex course, I put togther something to give you a taste of what a complete trading education SHOULD look like (at least in my opinion)… I had my son, Greg, put together a few web pages that describe it for you, but here are the 2 biggest things I think you should care about.

1. It’s dirt cheap compared to the high-priced stuff out there. In fact, I think you’ll be shocked at how affordable it is.

2. It comes with a full year of support with my professional team of full time traders. You can ask them anything you want, send them your trades to look at, whatever. This is the big SECRET of this training, and frankly, you could spend a few thousand dollars a year elsewhere for this kind of support that you get for FRE.E as part of my training course.

I once had a business mentor tell me that there are 2 ways to succeed in business.

1. You can try to learn everything yourself, go the library and read and read and read. You can test out different techniques, measure the results, and maybe, one day find yourself sitting at the table with other financially successful people.

OR…

2. You can buy a seat at the table immediately and shortcut years or even decades of uncertainty. Sure, you might not have immediate financial success, but you’re AT THE TABLE. You’re hanging out with people who are already where you want to be. That’s your support team, and that’s the true value, in my estimation, of what the greatest financial training can give you. It’s not so much the actual nuts and bolts… it’s the support.

In any event, go ahead and check out this “dirt cheap” Forex training package. It all starts with the REAL REASON you’re still losing money, don’t have an edge, and can’t get ahead trading the Forex markets.


 

The “Colorful” Teas And Their Peculiarities


 

The great variety of drinks can make our life better. There are lots of different healthy beverages to benefit from. However, the majority of people all over the world prefer tea. The most popular drink is pure water, of course but the tea is on the second place. This is natural as the tea is the drink that can be of great help for your health to say nothing about the perfect taste. Lots of people admire tea every morning and find it the great variant to wake up, clear the mind or vice versa, concentrate the attention on what is required to be done.

The popularity of tea can be explained not only with its positive influence on people’s health. There are lots of other advantages as well. The main one is the variety of tastes and flavors. The tea is much more diverse than coffee for example. People call “tea” lots of different teas. In most cases they have nothing in common except for the way they are prepared.

Not all teas are made from the tea plant. Moreover, the number of those which are not made from it is much greater than the rest. The black and green teas are made from the tea leaves indeed but it doesn’t mean that these are the only two kinds of tea which are sued all over the world. There are lots of others. For example, the red tea is prepared from the dried flowers of the plant called Sudan rose. This is the separate plant which is not alike the tea plant. The drink made from these petals is rather sour and has nothing in common with the taste of the black or green tea. The common supplements for this drink are sugar and honey. Some prefer also various jams. The most popular are jams made from berries.

There are also other “colorful” teas except for the black, green and red kinds. The yellow and white teas are also well-known in some countries. The white tea is made from the buds of the tea plant. This is rather expensive drink. The process of preparation is not that difficult though the buds are gathered manually. As the little cup of the white tea requires several pinches of tea buds, the resulting drink is expensive.

The yellow tea is the most expensive of all teas. This is the special sort of the green tea produced in China. Long time ago it was intended for the emperors of ancient China. Since then they protect the secrets of making this tea. Although it is made from the definite sort of the tea plant, it doesn’t look like any other teas at all. There are a lot of legends and myths connected with this tea.

There are lots of new things to try.

Please pay your attention to the simple fact that right now we all live in the world where information quickly enhances the quality of our life. That is why if you are looking for green tea tablets info – this green tea site will help.

That is why if you are properly armed with the knowledge in your topic you can rest assured that you will in any case find the way out from any bad situation. So, please make sure to get back to this web site on a regular basis or – best of all – sign up to its RSS feed. Thus you will have your hand on the pulse of the latest info updates here. Blogs can be helpful, you just need to understand how to use blogging power of the green tea blog.


 

The Myth And Mystery Of The Yellow Tea


 

The world of tea is full of secrets and mysteries. Those who are interested in history know that the tea can protect his secrets carefully. Though it was discovered by Europeans long time ago there are still many things to learn and discover. The tea is much more ancient than the time we know it. This drink was known in Asia for thousand years. The Asian people know much more kinds of the tea than we do and the properties of this drink are known better to them. Each tea kind has its own peculiarities to say nothing about the tea sorts. There are lots of things to consider if you choose the drink not only for its taste but also for the effects it can produce on your health. Sometimes the tea is crafty. Each drink has its own side effects and the tea is not the exception. If you are going to try something new, think twice about it. There might be some consequences you won’t like it all. Therefore, it would be better to find out something about the tea properties in advance.

The green and black teas are studied well and almost all their properties are known for now. However, there are lots of other tea kinds the majority of people know nothing about. Perhaps, the most mysterious one is the yellow tea.

In the very beginning this drink was the one made for Chinese emperors only. Actually, this drink is unique. It is made only in the definite province of China. Though it is very expensive its production is not profitable. The secret of preparing this tea was saved till today. Long ago it was the greatest secret of the Chinese Empire. Any foreigner could reveal this secret. It was secured thoroughly. Nevertheless, today this is no longer the secret. Despite it the yellow tea is still the mystery. This has nothing in common with the green and black teas as well as with the others. Its taste and smell are completely different. The tea connoisseurs who tried it claim that it has a significant note of smoke. This is strange but they find it very interesting.

The yellow tea is prepared according to the special procedure. The correct way to make this drink takes 3 days. There are several steps of the brewing procedure. The teapot is wrapped in the cloth and left aside for the definite time etc. The last stage of the preparation is pouring it in the transparent glass or cup and watching the “dance of tea-leaves”. It is fascinating to look at. The tea-leaves fall down and come up for three times. The third sinking means that the tea is ready.

If you ever try this drink, you are very likely to remember it for ages.

Please pay your attention to the simple fact that right now we all are living in the world where knowledge makes life easier. That is why if you are looking for green tea dietary supplement info – this green tea site will help.

That is why if you are properly armed with the knowledge in your topic you can rest assured that you will in any case find the way out from any bad situation. So, please make sure to visit this web site on a regular basis or – an ideal solution for you – sign up to its RSS. In such an easy way you will have your hand on the pulse of the latest informational updates here. Blogs can be helpful, you just need to know how to use blogging power of the green tea blog.


 

Euro Trading News


 

26, April 2010

After stabilising on Friday, the Euro took another pounding on Monday morning as details begin to emerge about the proposed €45 billion rescue package. Greece’s request for emergency aid looked to stem the flow of selling as Finance minister Papaconstantinou warned investors they will “lose their shirts” if they bet the cash strapped nation will default. The debt-saddled country has announced billions of euros in austerity measures, including tax hikes and public sector wage cuts. The Euro has been trading back above 1.16 against Sterling while Euro/dollar has fallen below 1.33.

Fridays UK data proved negative for the pound as we discovered the economy grew at half the pace economists predicted in the first three months of the year. The office for National Statistics reported that GDP grew by 0.2% in Q1 2010 against the 0.4% analysts had expected. The focus in the UK will be on the final weeks of the election campaign and the possible outcomes that may emerge as polling day draws closer. Leader of the Lib Dems, Nick Clegg, has warned current PM Gordon Brown not to expect a coalition with his party, though a tie up with the Conservatives also looks unlikely.

The Dollar advanced to a two week high against the Yen as government reports showed US new home sales rose in March by the most in almost five decades and orders for durable goods surged. Bookings for US durable goods excluding transportation items advanced 2.8 percent last month after a 1.7 percent gain in February.

Attention this week will likely remain on Greece, but the market will also be watching the latest US FOMC rate announcement on Wednesday. No change in official rates is expected but the tone of the FOMC statement will be watched closely.

Report by Tim Lewis

Currency Market Updates by Tom Nadir

Contact Currencies Direct for Corporate or Private Transactions. Open an account today and save money.

Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

The contents of this report are for information purposes only.

BlogCatalog – Finance


 

The Shifting Sands of the British Election


 

23 April, 2010

The shifting sands of the British election were on the move again last night as the second leaders debate produced a narrowing in the polls between the thee main parties. Across the five post debate polls, the Tories and Lib Dems now stand on 33 per cent with Labour trailing behind on 29 per cent. After Nick Cleggs clear victory last week, both David Cameron and Gordon Brown lifted their game considerably and both seemed much more at home debating the important foreign policy issues of Afganistan and Trident. The problem for Sterling remains that if the polls were repeated at the General Election, a hung parliament will be the outcome.

Sterling rose to a twelve week high against the euro yesterday on the back of better than expected Public sector net borrowing figures. The ONS data showed borrowing hit £163.4bn, or 11.6% of GDP for the fiscal year, which although extremely worrying in itself, was below the forecast of £178bn. Retail sales figures showed signs of increasing stability after the volatile start to the year. However, the story of the day again involved Greece.

Euro Stat, the EU statistics agency cast doubt on the quality of data provided by the Hellenic Republic whilst simultaneously revising their fiscal deficit upwards for one per cent. Naturally, after the news broke the spread between Greek and German bonds moved to news highs.

As I write, CNBC are reporting that Greece will announce it is going to EU/IMF for help at 11.00am CET today. This is not confirmed as yet, but it looks like the markets have gotten their way. Lets hope this is the end of the saga and not just the first domino to topple. EURUSD now trades at 1.3323 up from 1.3299

Today, UK first quarter GDP came out lower than forecast, 0.2% YoY against a predicted number of 0.4%. sending Sterling down 20 pips immediately against the USD and euro. We also have large amount of data from the US this afternoon, we the release of durable goods order and new home sales.

Report by Alistair Cotton

Currency Market Updates by Tom Nadir

Contact Currencies Direct for Corporate or Private Transactions. Open an account today and save money.

Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

The contents of this report are for information purposes only.

BlogCatalog – Finance


 

The Results From Goldman Sachs Shocks Markets


 

21 April, 2010

The results from Goldman Sachs shocked the markets as revenues for the 1st Quarter was $ 1 billion more than estimated. The Greek situation went from bad to worse yesterday with market talk of ever-upwardly spiraling bail-out costs leading to a rise in the country’s debt yields and CDS prices.

The 10-year bond yield broke above 8% for the first time since the Euro’s introduction yesterday and the 5-year CDS level has hit a new high of 476 this morning. With today’s belated start to the IMF/EU investigation likely to last anywhere from 10 – 14 days, there appears little likelihood of positive news over the next few days. True, Greece managed to get away a tranche of 3-month bills into the market but this positive was tempered by the rate that they needed to pay to ensure success – approximately 2 1/2% higher than an equivalent German issue would cost.

The euro has accordingly looked vulnerable, especially given that the US dollar no longer appears to react negatively to positive economic/earnings data from the US. Expect more Euro downside as we approach the end of the month.

Sterling has been the gainer amongst the ‘majors’, picking up against all the others. The ‘hung parliament’ issue is history (for now) and economic data has been buoyant. British consumer price inflation (CPI) rose more than expected yesterday to 3.4% in March from 3% in February against a forecast of 3.2% meaning Mervyn King has yet another letter to write to the treasury. The news of higher inflation raises UK rate rise speculation with the Central Bank acting sooner rather than later although I feel that this interpretation is still tenuous.

Today’s MPC minutes will reveal nothing, the last meeting being too close to the election for anything meaningful not to be interpreted as being political by some faction or other. Tomorrow’s live debate between the 3 leaders will likely prove more interesting for markets with last week’s first offering seen as a bit of a practice run for the ‘Big 2′ and the Lib-Dems probably getting a less easy ride this time.

Yesterday saw the Bank of Canada leave rates steady but come out with a bullish assessment of the economy going forward and as clear a hint as a Central Bank is able to produce, of a rate rise on the 1st June. The CAD surged back below parity to the USD and the AUD reacted in a similar way, strengthening against the US Dollar and testing record highs against the Euro. Both still feature highly in ‘best currencies to be in’ portfolios for the rest of 2010.

A downside for markets was the call from the IMF for the world’s leading economies to impose new taxes on Bank’s balance sheets to pay for the financial clean-up as well as a fresh additional levy on Banks profits and pay.

Report by Tim Lewis

Currency Market Updates by Tom Nadir

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Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

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Delphi Scalper Going Live Today


 

Today is the day thousands of traders have been waiting for!

Delphi Scalper goes live today

*****************************************************
Delphi Is Going Live at exactly 3:00 pm EST, Wednesday April 21st!
*****************************************************

You should be aware that Jason Fielder is NOT selling many copies of his new forex scalping system. (I’m talking a far more limited release that you’ve likely ever seen before in a new product release).

And when they are gone, you won’t be able to buy one…Period.

(And these guys are dead serious about that).

The way to assure yourself a copy and at the same time learn a ton about scalping at no cost to you is by attending the live webinar today. You will not only get direct access to Jason Fielder himself but you’ll also be granted a “first in line” backstage pass to be able to own Delphi Scalper without the worry of a quick sell out.

On it you’ll discover how Jason averages a 70% win ratio, with Delphi, trading an average of only 90 minute per day.

AND, how YOU can master the system that’s been touted the “one of the best new trading systems of the year” in just 1-2 sessions! (The system actually gives you ALL of your entries and targets in advance)…

**Plus, just for attending, you’ll also be eligible for an extra
$500 crazy special bonus!

So drop by and see what it’s all about, it’s going to be WELL worth your time to listen to Jason.

Make sure you’re ready at 3:00 pm EST on Wednesday – or it may be too late!

Come and join thousands of fellow traders at the Delphi Scalper opening

I hope to see you there.

Good Trading,
Tom

Currency Market Updates by Tom Nadir

Learn More About Delphi – The High Probability Scalping System – Free Report


 

Forex Scalping System – Delphi Scalping Webinar


 

Jason Fielder has announced the Delphi Scalping Webinar & Giveaway to be held on Wednesday 21st April. I don’t normally attend all these events but in this case I am making an exception. This event is going to be huge and likely to be over subscribed with an anticipated 32.ooo traders expected to attend, so book your place now.

There’s a great deal more buzz in the air than I’ve seen in years…people are talking all over the forums and you NEED to pay attention too. The forex industry has been rolled over and turned on it’s SIDE with the sneak previews of the Delphi Scalping system…the non stop feedback from the masses of traders paying attention has been flooding into the offices.

Here’s what you can expect to discover:

**HOW Jason thinks as a system developer (he’s known to be one of the very best in the business, and you will learn a TON from him)

**WHY ANY trader (even a total beginner), can master Delphi in just one or two trading sessions, and begin taking “ultra high probability” professional caliber trades immediately!

**EXACTLY how it’s been possible for Delphi to win an average of 7 out of every 10 trades it takes, averaging 25 pips per trade.

**WHAT makes Delphi so quick to wrap up the trading day (you’re usually done trading within only 90 minutes!)

You’ll also learn all about the pricing, when and where you can become an owner, and how many will be made available (it is a VERY limited
release).

And…just by registering you’ll be on the early bird list which will qualify you for a MASSIVE bonus as well (you’ll have to be on the webinar to find out what it is!)

If you’re anything close to a serious trader, make the time and stop by! Don’t miss this one! Book your place now for Wednesday’s webinar event here.

I will be there myself and I sure hope you’ll be too!

Good Trading,
Tom

Currency Market Updates by Tom Nadir

Learn More About Delphi – The High Probability Scalping System – Free Report

The contents of this report are for information purposes only.

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Nick Clegg’s Performance Leads to Selling The Pound


 

19 April, 2010

Nick Clegg’s strong performance at last weeks televised election debate has seen the smallest of the three parties surge into an unlikely lead in the polls. The You Gov election poll placed the Lib Dem’s on 33% with the Conservatives and Labour on 32% and 26% respectively. This has greatly increased the possibility of a hung parliament and has given traders an excuse to sell the pound. Since the Australian open we have seen GBP/USD fall from 1.5351 to a latest reading of 1.5222.

These negative figures remain despite positive news from the Centre for Economic and Business Research who suggest that the UK economy will expand 1.3% next year, up from 0.8% in previous estimates.

Over to Europe and Greece must surely feel that even the heavens are conspiring against them as the volcanic induced flight chaos equals no Monday/Tuesday meetings between the debt stricken state and EU and IMF representatives.

Markets are speculating that Greece is preparing to request an emergency loan from EU and IMF this week. In spite of the €45bn aid from the EU and IMF, Greece is expected to face complications in reducing their deficit to 8.7% this year and reaching the 3% limit set by the EU by 2012.

On the other side of the pond, we saw continued growth in the manufacturing sector with a better Empire State Manufacturing Index, hitting a 31.9 figure as opposed to expectations of 22.9. This was coupled with notable Housing figures starts climbed 1.6% to 626k annualized rate in March while building permits rose an impressive 7.5% to 685k annualized rate, the highest level since October 2008. However it was not all positive news, with the job’s claimant report which came in at 484K compared to the expectation of 460K.

In terms of the rest of the week, we have a busy week of data starting with UK CPI data out tomorrow, Bank of England minutes and Jobless claims on Wednesday and GDP figures on Friday.

Report by Philip Ryan

Currency Market Updates by Tom Nadir

Contact Currencies Direct for Corporate or Private Transactions. Open an account today and save money.

Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

Currency Market Updates by Tom Nadir

The contents of this report are for information purposes only.

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Get Euro Prices


 

16 April, 2010

Greek Prime Minister George Papandreou yesterday asked for a meeting with the European Union, the IMF and the ECB, leading to speculation that a bailout is imminent. Talks are to begin in Athens on 19th April. The country’s cost of borrowing from private markets continued to rise, with the yield on Greece’s benchmark 10 year government bond surging to as high as 7.38% yesterday.

Financial markets have shunned Greek debt in recent weeks, despite escalating promises from the EU that they would step in to prevent a default. The euro was the worst performing major currency on these renewed fiscal worries,  so get euro prices now…

In the UK the leaders of the three main political parties held a live televised debate last night. The event did little to clarify the outcome of upcoming election, with sterling still suspect to swings in the opinion polls in the month ahead. Nick Clegg, the Liberal Democrat leader, shone through in the first of three debates as the parties look to win over undecided voters. There is no UK data of note released today.

US jobless claims unexpectedly rose last week, reminding investors of the fragility of economic recovery. The US earning season continues next week with Microsoft, American Express Co, and Coca Cola all reporting their latest quarterly results. Analysts expect the combined profit for the S&P 500 companies to increase 30% in the first quarter from a year earlier. The market will turn its attention to today’s release of Housings Starts and the Michigan Consumer Confidence data, with any surprises likely to lead to short term moves in the greenback.

Report by Tim Lewis

Currency Market Updates by Tom Nadir

Contact Currencies Direct for Corporate or Private Transactions. Open an account today and save money.

Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

Currency Market Updates by Tom Nadir

The contents of this report are for information purposes only.

BlogCatalog – Finance


 

Scalping The Delphi Scalper Review


 

The Delphi Scalper is not only for experienced traders. It is very easy to understand and use by any level of trader. Jason Fielder, has been trading Forex and producing highly profitable trading systems for many years. He has an admirable proven track record.

For example, this brand new video clearly shows how you can take a smaller scalping trade of 10+ pips and turn in into about 100 pips, and this is using using the Delphi “advanced” strategy. You see, scalping is not only about grabbing a few quick pips and Jason explains everything in exacting detail.

The key to scalping is entering and exiting the market at precisely the correct time. Delphi Scalper helps any trader generate accurate scalping signals in multiple currency pairs once it is set up. It minimizes losses and maximizes gains while keeping the trader disciplined with those clear signals.

Now that’s something worth paying serious attention to, especially as this trading system shows you exactly how to do just that. You are able to make split second decisions with confidence as long as you follow the rules of the method. Jason has it so finely tuned that each trading opportunity is pinpointed  to the exact pip for entry and exit.

Normally this type of forex trading system requires people to watch the market very closely indeed. With the Delphi Scalper you only need to be in front of your computer or on your phone when the number of trading opportunities is the greatest. Making money with scalping is risky particularly as too many traders over think and hesitate before selling either a winning or losing position. Delphi Scalper keeps traders more disciplined with their currency pairs, leading to more and larger profits.

As well as this video, there are a couple other short videos on the same page which show even more of the system in action. I suggest you watch them as well if you haven’t yet and Jason is even giving away his “Hot Time” trade indicator to encourage traders to check out his system.

If you are scalping already or are interested in scalping with a system that makes larger profits while minimizing the losses then Delphi Scalper is well worth you looking into.

Good Trading,
Tom

Currency Market Updates by Tom Nadir

Learn More About DelphiScalper – The High Probability Scalping System

The contents of this report are for information purposes only.

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How To Build Your Own Trading System


 

Being told how to build your own trading system is one thing. Being told by a world renown figure such as Jason Fielder is quite another. In this Free Scalping Report he reveals how he has built every system that he has created and then sold.

This is probably the most revealing “behind the scenes” look he’s ever offered to the public so if you seen this complimentary multi-media training, I recommend you do so now.

A photo of a cup of coffee.
Image via Wikipedia

As you no doubt are aware, scalping is the best way to get in and out of the market quickly    while helping yourself to a load of pips while most traders are still sipping coffee.

Of course, you need to know what you are doing. Jason shows you not only his methods but you will learn all you need to know about how you can build your own trading systems too. In addition he shows you…

* How he determines the best time-frames for scalping
(including in-house ACCESS to his proprietary “Hot Time”
indicator)

* Why technical filters alone are not enough (and which
fundamental indicators really matter), PLUS…

* Jason’s Programming Rolodex for getting systems coded and tested

* An indicator which shows you the best times to trade in the market

So go to the Delphi Scalper Website, watch the video and help yourself to the indicator he’s giving out.

You won’t be wasting your time and your future trades will make more sense. No doubt you will profit from it as well.

Good Trading,
Tom

Currency Market Updates by Tom Nadir

Learn More About DelphiScalper – The High Probability Scalping System

The contents of this report are for information purposes only.

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Greek Bond Issue Helps Euro – Briefly


 

14 April, 2010

The Greeks smashed their Bond issue sale yesterday and sold €1.6billion in one their most important Treasury bill auctions. The combination of six and twelve month loans surpassed expected demand by €360million. The attractive rates offered at nearly 4.9% gained much interest from short term traders and caused a short rally on the Euro against Sterling and the Dollar.  However, as the afternoon progressed, the markets returned to an unconvinced attitude as concerns crept in on Greece’s overall long term debt issue.

Back to UK and we had a brief Sterling rally yesterday as the ONS stated that Britain’s goods trade gap dropped to £6.179bn in February, an unexpected improvement of close to £1bn. Exports leapt by 9.5% in the same period, the largest rise since Jan ’03. Also, reports of house price rise outnumbered reports of house price decline according to the Royal Institution of Chartered Surveyors.

However, it must be noted the Pound has still given up almost all its gains during the past 24 trading hours with the election’s ubiquitous presence over the currency.

In other market news today we have major figures out in the US with Retail Sales expected to show 1% growth month on month against a 0.3% growth last month. Always considered a significant figure by the markets, as consumer spending equates to approximately 66% of the US’s overall economic activity.

In addition, we have CPI inflation data out, which is expected to be a monthly increase of 0.1% adding to the overall 2.4% annual figure. The Fed will have keen eyes of these figures to obtain a clear indication of any future fiscal policies despite recently saying any interest rate rise is a long way off.

Look for some market volatility around 13.30BST if figures are wider than these expected marks.

Report by Philip Ryan

Currency Market Updates by Tom Nadir

Contact Currencies Direct for Corporate or Private Transactions. Open an account today and save money.

Currencies Direct & Forex trading

Currencies Direct is a leading commercial foreign exchange company with offices in the UK, Australia and Spain and has offices across 5 continents. The Currencies Direct head office and global trading centre is based in the City of London.

The contents of this report are for information purposes only.
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