Download MetaTrader 5
To add a new post, please log in or register
Data for the week ended June 21. Like its of any relevance...
Market News
  • 43
  • 1
Sherif Hasan, 25 June 2016, 07:45
PIMCO on the Brexit vote and what it means for BoE policy in the near and medium terms: Near term: The UK economy will be pulled lower by uncertainty We expect the Bank of England to cut the official interest rate to zero If it feels the need to do more, we expect a reintroduction of quantitative...
Banks
  • 71
  • 1
Sherif Hasan, 25 June 2016, 07:43
Fallout ... geddit? (I'll get my coat) Unofficial closing levels after the biggest drop in about 10 months for US stocks (or thereabouts) S&P500 down 76.26 points (-3.6%) Dow Jones down 608.44 points (-3.38% NASDAQ down 203.39 points (-4.12%) ... biggest fall since 2011 for this one...
Market News
  • 46
  • 1
Sherif Hasan, 25 June 2016, 07:38
While the Brexit vote was a shock (we attached a 40/45% probability), we are not surprised by the initial currency market reaction. Cable still remains within our forecasted one-month range between 1.3000 and 1.5000. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
Analytics & Forecasts
  • 91
  • 1
Vasilii Apostolidi, 24 June 2016, 21:31 #forex
How far will the pound fall (and other currencies) SocGen sees 1.20-1.25 We continue to look for GBP/USD to trade around a 1.30-1.35 range for now (i.e. a little lower than here) and eventually, towards 1.20-1.25...
Market News
  • 32
Sherif Hasan, 24 June 2016, 20:08
The annotated GBP/USD Brexit day chart Maybe it's a early to take lessons from Brexit trading but it's tough to track down the levels and headlines years later, so here's a quick one. At the low of the day of 1.3229 in GBP/USD it was down 11.92% from the highs of 1777 pips...
Other
  • 46
Sherif Hasan, 24 June 2016, 20:04
There is one immutable rule in trade, which is: "Always stick to your stop orders." Before entering each transaction, you should know your risk tolerance threshold. This is - the best way to make sure that your losses are controlled, and you do not get too emotional in their trade...
Other
  • 90
Sherif Hasan, 24 June 2016, 19:16
According to the World Bank Trade Data (IBRD-IDA) -World Integrated Trade Solution (WITS) , the Total World Trade during 2014 equal to 19.01 trillion USD for imports and 19.06 trillion USD for exports . The annual growth rate was 2.7% & 3.3 % for imports and exports respectively...
Other
  • 33
Sherif Hasan, 24 June 2016, 19:12
In this article, we will review and evaluate the traditional money management method in terms of the percent of our account we should be risking on each trade. Then, we will learn a money management formula that is capable of maximizing our trading system profits...
Trading Strategies
  • 532
Sherif Hasan, 24 June 2016, 18:57
European stock market close 24 June 2016 The FTSE has shown a bit of gumption compared to its newly divorced partners. I don't think many would have thought about it only closing down 2.8% on the day, and it finished up on the week to boot. That's a potentially very bullish signal...
Market News
  • 38
Sherif Hasan, 24 June 2016, 18:33
The world is running on fumes Thank goodness the vote was on a Thursday, not a Monday. I might be projecting but it feels like there isn't much gas left in the tank. That vote was emotional and the swings were epic. If you're reading this, you probably survived and I hope ForexLive was a help...
Market News
  • 33
Sherif Hasan, 24 June 2016, 18:31
Blackrock chief strategist Watt talking to Bloomberg 24 June 2016 there would have been less market disruption if investors had bought sterling on polls favouring Remain GBP could rebound over next week but will likely weaken from here over next 6 months US stocks down 3-4% after Brexit is "odd...
Market News
  • 67
  • 1
Sherif Hasan, 24 June 2016, 17:52
Details of the June 2016 US Michigan consumer sentiment final report 24 June 2016 Flash 94.3. May 94.7 Current conditions 110.8 vs 111.4 exp. Flash 111.7. Prior 109.9 Expectations 82.4 vs 83.1 exp. Flash 83.2. Prior 84.9 1yr inflation exp 2.6% vs 2.4% flash/prior...
Market News
  • 28
  • 1
Sherif Hasan, 24 June 2016, 17:50
US durable goods for May 2016 Prior 3.4%. Revised to 3.3% Ex-transport -0.3% vs 0.1% exp. Prior 0.5% Ex-defense -0.9% vs 3.8%, Prior. Revised to 3.7% Cap goods orders non-def ex-air -0.7% vs 0.4% exp. Prior -0.6%, Revised to -0.4...
Market News
  • 56
  • 1
Sherif Hasan, 24 June 2016, 14:41
Japan's MOF delivering a G7 communique as this year's host nation 24 June 2016 will consult closely on market movements and stability central banks have taken steps to ensure liquidity excessive volatility in fx can have bad economic effects Elsewhere IMF boss Lagarde now joining the ever growing...
Market News
  • 70
  • 1
Sherif Hasan, 24 June 2016, 14:37 #ECB
That's the one thing I hate about huge moves, it screws up your charts Now the dust has settled somewhat and we're only subjected to 100 pips swings instead of 800 pips swings, we can try and look at the picture we face now...
Trading Systems
  • 58
Sherif Hasan, 24 June 2016, 14:30
Oh dear Donald :-D Don't go shouting that too loudly around there Trump. *Glasgow kiss. PRONUNCIATION: (GLAS-go kis, GLAZ-)MEANING: noun: A headbutt: a strike with the head to someone's sensitive area (such as the nose...
Market News
  • 23
Sherif Hasan, 24 June 2016, 14:24
WOW – What a CRAZY night!! After 43 years, Great Britain has voted to leave the EU. The financial markets seemingly misread the signals from the British public – and consequently have now reacted dramatically to this somewhat surprise result. Sterling (GBPUSD) fell almost 12% to lows @ 1...
Analytics & Forecasts
  • 28
  • 1
Diamond Ashiegbu, 24 June 2016, 13:05
The results of the UK’s EU referendum will remain the main focus throughout today and a key focal point for the coming sessions, days, and weeks. The true consequences to the UK’s economy and even the true impact on the global economy remain widely unknown...
Trading Systems
  • 34
  • 2
Sherif Hasan, 24 June 2016, 13:02
Ewald Nowotny having his say We have hundreds of millions of euros to use against insufficient liquidity Is seeing stabilisation in markets after initial surprise If banks have Brexit trouble we will provide liquidity For now the initial reaction looks to have run its course...
Banks
  • 73
  • 1
Sherif Hasan, 24 June 2016, 13:00 #ECB