TICKMILL - Tickmill.com

[ijak8510]

EUR/USD is just heading South

If you take a look at the latest CFTC report regarding Euro, then you will soon notice that operators continue to build up the short positions on EUR compared to the other market players who are trying to build up the long positions:

It becomes quite clear that it would be wise to expect a drop in the exchange rate of the common currency taking into consideration completely opposite monetary policies of the two central banks.

In the daily graph, upstream channel will soon become very interesting to us as we will not only be able to jump off it, but also to break it through:

For now we will place a pending order for sale away from the broken down internal uptrend before the EUR touched the upstream channel:

Sell Limit 1.1075, Stop Loss 1.1125, Take Profit 1.0925.

 

[ijak8510]

Taken Froom EFXNews

As attention is turning to the BoJ at the end of the week, RBS and Goldman Sachs examine the potential response of USD/JPY to possible BoJ actions. RBS' base case is for no BoJ easing on Friday, while GS sees further easing at this meeting.

RBS:

"1- If the BoJ stays on hold and only marginally lowers forecasts, dollar-yen will fall sharply back into its recent 115-120 range.

2- If the BoJ is unchanged but significantly downgrades forecasts, dollar-yen will likely be bought on the dip below 119-120

3- If the BoJ eases modestly by only raising ETF, REIT purchases, dollar-yen will succumb to profit-taking and fall below 120

4- If the BoJ eases sharply by raising its ¥80trn a year JGB buying, dollar-yen will trade in a higher 120-125 range," RBS argues.

"We think the probabilities for the BoJ’s four scenarios above are 40%, 30%, 15% and 15% respectively.

-Our base case remains no easing this Friday and a sharp post-meeting bounce in the yen." RBS projects.

Goldman Sachs:

- "Our Japan economists have long held expectations of easing at the 30 October BoJ meeting on the back of weak activity and declining inflation expectations

-Our base case is for the BoJ to undertake: a maturity extension of existing JGB purchases, an increase in the run-rate of JGB purchases from 80 to 90 JPYtn per year, and an increase in ETF purchases from 3 to around 5 JPYtn, GS projects.

"The call this week is a close one, but even if policy is unchanged at this week’s meeting we think the BoJ will ultimately need to loosen policy as their inflation forecast moves further out of sight – we see further $/JPY upside as a result," GS adds.

"We think $/JPY should move through 125 in the wake of the meeting should the BoJ ease as we expect.

With further upside expected from our base case and with an IOER cut an outside chance, the risk-reward in long $/JPY looks favourable into the meeting," GS advises.

and i hope , USDJPY will going north

*Chart Based on Tickmill Chart

 

[uncle gober]

YANG TERKUAT - YANG MENANG!

Agar Anda selalu dapat memantau kompetisi ini, lacak perkembangan Anda menuju kemenangan melalui papan klasemen kami yang diupdate setiap minggunya.

Last update: 19.10.2015 17:00



Penerimaan hadiah dan bonus​

• Trader yang memenuhi syarat dan ketentuan akan menerima kesempatan untuk menerima hadiah: smartphone OnePlus 2 atau bonus 250 USD.
• Hadiah akan diberikan kepada trader yang memiliki akumulasi poin aktivitas tertinggi selama masa promo berdasarkan tabel berikut:

• Pemenang akan diumumkan pada halaman promo 18 Desember 2015.
• Tickmill akan menghubungi pemenang melalui email.
• Pemenang smartphone OnePlus 2 setuju untuk menyediakan nama depan dan interview singkat yang akan diumumkan pada website Tickmill sebelum menerima hadiah.
• Jika pemenang tidak merespon email Tickmill dalam 48 jam, dia akan di diskualifikasi dan hadiah akan diberikan ke trader selanjutnya berdasarkan papan peringkat.
• Bonus akan ditambahkan ke akun trading MT4 berdasarkan keinginan klien.
• Bonus akan ditambahkan ke akun Anda pada 18 Desember.
• Permintaan untuk mereview hasil promo diterima hingga 25 Desember.

Ketentuan lainnya​

• Tickmill berhak untuk mendiskualifikasi setiap pengguna jika ada kecurigaan penyalahgunaan promo.
• Tickmill berhak untuk mengubah syarat atau membatalkan promo setiap saat.

 

[ijak8510]

YANG TERKUAT - YANG MENANG!

Agar Anda selalu dapat memantau kompetisi ini, lacak perkembangan Anda menuju kemenangan melalui papan klasemen kami yang diupdate setiap minggunya.

Last update: 19.10.2015 17:00



Penerimaan hadiah dan bonus​

• Trader yang memenuhi syarat dan ketentuan akan menerima kesempatan untuk menerima hadiah: smartphone OnePlus 2 atau bonus 250 USD.
• Hadiah akan diberikan kepada trader yang memiliki akumulasi poin aktivitas tertinggi selama masa promo berdasarkan tabel berikut:

• Pemenang akan diumumkan pada halaman promo 18 Desember 2015.
• Tickmill akan menghubungi pemenang melalui email.
• Pemenang smartphone OnePlus 2 setuju untuk menyediakan nama depan dan interview singkat yang akan diumumkan pada website Tickmill sebelum menerima hadiah.
• Jika pemenang tidak merespon email Tickmill dalam 48 jam, dia akan di diskualifikasi dan hadiah akan diberikan ke trader selanjutnya berdasarkan papan peringkat.
• Bonus akan ditambahkan ke akun trading MT4 berdasarkan keinginan klien.
• Bonus akan ditambahkan ke akun Anda pada 18 Desember.
• Permintaan untuk mereview hasil promo diterima hingga 25 Desember.

Ketentuan lainnya​

• Tickmill berhak untuk mendiskualifikasi setiap pengguna jika ada kecurigaan penyalahgunaan promo.
• Tickmill berhak untuk mengubah syarat atau membatalkan promo setiap saat.

i think that huohe or something will stay at 1st rank till the end of the Tickmill Fall trading marathon,

 

[ijak8510]

GDP data below expectations, domestic consumption saves the US growth​

Oil prices are falling on release of the US GDP report, which has shown considerable lack of growth of the US economy.

According to the report, Q3 GDP growth is 1.5% comparing to more solid 3.9% in Q2. The figure fell short of expectations which predicted growth of 1.6%. Despite strong domestic demand, dollar strength and cheaper gasoline slowed down inflation.

Analysts are expecting reduced trading volumes on the eve of China PMI data publication next week.

“The guts of the report were healthy, they still show strong underlying momentum in the economy and that puts a December rate hike firmly on the table,” said Thomas Costerg, a US economist at Standard Chartered Bank in New York.

The view of Fed on US economy could be described as “satisfactory” according to the FOMC report, US economy is growing at “moderate pace” which leaves food for thought for investors regarding December rate hike.

Weak GDP data is caused by a decline in inventories accumulation by US firms with the total of $56.8 billion in Q3 comparing to $113.5 billion in the Q2 period. The decrease included manufacturing, retail and wholesale inventories.

Another reason of US growth slowdown is spending cuts in the energy sector. Oil producers are continuing to reduce their spending as cheap Oil prices make it difficult to keep production paying off.

We continue to keep an eye on US economic reports as its analysis is crucial for accurate forecast of FOMC decision in December regarding the rate hike.


Source : Tickmill Market Commentary

 

[ijak8510]

USD drops on weak China manufacturing data​

A drop in China factory activity sends USD way down…


Investors are quitting China equities fearing that a slow growth will further increase debt burden of Chinese companies that keep production at the same pace.

USDX declined 0.21% to 96.740 while USD/JPY dropped 0.17% to 120.41 level.

Official China manufacturing activity report released on Sunday showed a decrease for three months in a row, with manufacturing PMI remaining unchanged at 49.8. The figure released misses the forecast of median 50.0, according to the WSJ’s poll of 11 economists.

BoJ announced on Friday that it will keep its QE policy and fiscal rate intact despite the deflation forecast and the country’s slowing down economy.

“Someone could be frustrated with the BoJ decision, so the focus is shifted to the Non-Farm Payroll report from US to be released on 6 Nov.”, – Said Kaneo Ogino, CEO of foreign exchange research firm in Tokyo.

The Non-Farm employment data to be issued by the US Labor department on Friday will shed some light on the rate hike decision in December. Fed decided to not change the rate in October but it was clear from the report that strong enough macroeconomic data may urge them to increase Dollar borrowing costs.

Source : Tickmill Market Commentary

 

[ijak8510]

US indices hit new highs on strong macroeconomic data from EU and China​

US Indices rose on Monday, with Nasdaq Composite reaching new high for 15 years, writes Bloomberg.

Its only 1% left for S&P to hit new peak recorded in May, Dow Jones lacked 2.6% to climb to the new record. DJIA gained 0.94% on November 2nd and totaled 17826.76 points. S&P added 24.69 points (1.19%) and totaled 2104.5 points, while Nasdaq Composite rose 73.4 points (1.45%) and closed at 5127.5.

Strong macroeconomic data from Euro zone and US corporate data along with promising figures from China boosted US stock markets.

October Purchasing managers Index (PMI) in processing industries published by Chinese agency Caixin and Markit leaps from 47.2 to 48.3 points. Same index published by China National Statistics Bureau remained unchanged and averaged 49.8, missing expectations of analysts surveyed by Bloomberg, who anticipated the rise to 50 points.

PMI for manufacturing industries of 18 EU countries rose to 52.3 points, according to the data of Markit Economics. Tentative data showed that the indicator would remain unchanged at the September level of 52 points and analysts surveyed by Bloomberg didn’t expect an abrupt change.

Web-retailers Amazon surged 35%, Microsoft 32%, Facebook 24%.

This week analysts expect the publication of Q3 data for 100 companies included in the S&P 500 index. From the companies reported their return data, 75% beat expectations, while only 45% to report turnover data which was higher than estimates.

Source : Tickmill Market Commentary

 

[uncle gober]

YANG TERKUAT - YANG MENANG!

Agar Anda selalu dapat memantau kompetisi ini, lacak perkembangan Anda menuju kemenangan melalui papan klasemen kami yang diupdate setiap minggunya.

Semua aktivitas trading Anda selama maraton mendapatkan reward poin:

Setiap lot yang ditradingkan mendapatkan 5 poin

Setiap $100 yang didepositkan mendapatkan 10 poin​

 

[ijak8510]

EIA report shows increase in reserves, December rate hike odds are over 50%

EIA report shows increase in reserves, December rate hike odds are over 50%
Market Commentary
November 5, 2015
EIA report shows increase in reserves, December rate hike odds are over 50%

Commercial Crude Oil inventories in US rose by 2M barrels and averaged 482.81M barrels, which according to the weekly report released by the US Energy Information Administration “remain near levels not seen for this time of year in at least the last 80 years”.

Petrol reserves shrunk by 3M barrels and averaged 215.34M barrels, while distillate reserves reduced by 1.3M barrels reaching 140.757M barrels.

The data released hasn’t met the expectations of analysts surveyed by Bloomberg, who expected crude inventories to increase by 2.5M barrels, petrol reserves to decrease by 1.25M barrels and distillates to shrink by 2M barrels.

As Fed rate hike odds are past 50% bond yields are increasing across the world. US 10-year Treasuries yields increased to 2.24%, to its seven-week high, pulling up German and Australian bond yields as well.

“Bond yields are rising around the world in sympathy with Treasuries,” said Hajime Nagata, a debt money manager in Tokyo at Diam, which oversees $142.6 billion. “The market is reaffirming that the Fed will lift off in December.”

We continue to watch closely Fed speeches and Oil market as these are two main indicators traders rely on to forecast the December rate decision.


Source : Tickmill Market Commentary

EUR/Dollar is heading south… on all fronts

EUR/USD

For Euro we have broken-down the upstream channel on a day chart:

Therefore there is an option to sell EUR from this broken-down flag, or by pacing a limit, or focusing on the candlestick signals:

Sell Limit 1.0930, Stop Loss 1.0980, Take Profit 1.0810.

Source : Tickmill market commentary

Tickmill High Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everybody. The high degree of leverage can work against you as well as for you.

 

[ijak8510]

Tickmill : We want traders to succeed​

WE FOCUS ON TRADING QUALITY

• Low Spreads Always : Tickmill forex spreads start from 0.0 pips on ECN account with $4 Commisions for 1 round turn lot, and starts 1.2 pips spreads on Classic account and trade without commisions
• No Re-quotes Ever : No unfair re-quotes,delays or interventions
• All Strategies Encouraged : We welcome scalping, EAs, and all forex strategies
• Positive Slippage : We fill all your orders at the best available market price