News Update on Gold as at 6 00 am EST January 16 (updated) - online trading academy professional forex trader series

News Update on Gold as at 6 00 am EST January 16 (updated) ~ online trading academy professional forex trader series

Recent Volatility has sparked greater interest in the metal and the miners. It is not clear as to whether Gold will maintain the upward move, there are many economic factors affecting price and it will be a while until the volatility subsides


Why 2015 will be the year for gold: Top analyst - CNBC

Thu, 15 Jan 2015 21:42:22 GMT
Why 2015 will be the year for gold: Top analystCNBCIn an interview with CNBC.coms Futures Now, Sterne Agees precious metals and mining analyst Michael Dudas said that gold should continue to benefit from central banks efforts to devalue their curr ...

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PRECIOUS-Gold jumps 3 percent to 4-month high after SNB move - Reuters

Thu, 15 Jan 2015 21:26:25 GMT
CNBCPRECIOUS-Gold jumps 3 percent to 4-month high after SNB moveReuters(Updates prices, adds comment). By Marcy Nicholson and Clara Denina. NEW YORK/LONDON Jan 15 (Reuters) - Gold rose as much as 3 percent to a four-month high on Thursday after Switz ...

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Global Gold Demand Seen Rising 15% by HSBC on Asia-to-ETP Buying - Bloomberg

Thu, 15 Jan 2015 07:07:54 GMT
Metal.com NewsGlobal Gold Demand Seen Rising 15% by HSBC on Asia-to-ETP BuyingBloombergGold last year posted the first back-to-back annual drop since 2000 as assets in bullion-backed ETPs contracted, the dollar advanced and U.S. equities surged. An e ...

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Marketiva platform update - forex trading tax return

Marketiva platform update ~ forex trading tax return

Well they updated their platform few months ago, but i didnt wrote about, mainly because i doubt anyone is using marketiva for charting. But in my Marketiva review i wrote their trading platform lacks functionality such as trendlines, support, resistance lines, fibonacci retracement, etc.

So now they have all of mentioned above tools, although i still do not like their interface which is not user friendly, but this is only my opinion, some of you will probably do not agree with this.

If you would like to read my last marketiva review then here is the link.
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Point and Figure Charts Update as at November 17 (updated) - forex trade alert season 15

Point and Figure Charts Update as at November 17 (updated) ~ forex trade alert season 15

Point and Figure Charts can give us some idea as to where the markets are headed. This method of charting has been used for many years and has been proven to have excellent results over the longer term.

I find it handy to have a look at various P&F charts from time to time to keep me current as to where the directions of currencies may be headed.

Most of the time on the P&F charts from Stockcharts.com is a target number where the price is expected to travel.

Here are some charts from some of the major currencies as at today.

Here is an excellent video primer on Point and Figure Charting

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Detecting trend reversal on Forex - forex trading tax new zealand

Detecting trend reversal on Forex ~ forex trading tax new zealand

I know that: "How to detect trend reversal?" maybe a thought question with very complex answer but I will try to make my take on it, and keep it very simple and understandable.

So let’s get started, obviously when trying to detect trend reversal on Forex you have to use tools that were designed for it. You can’t predict it with MACD or RSI because they are trend following indicators. Indicators designed to predict trend reversal are … candles. Japanese always traded reversal strategies, European and US traders are almost always trend following traders.

If you don’t know how to interpret forex candles then do a search on web and find some info, reading correctly candles is easy and you have to know it. Although keep in mind I do not recommend using them on charts smaller then 4H.

Of course … relying only on Japanese techniques can be quiet deceptive so we need something more reliable, we need to have an angel. Trend reversal candles can happen anywhere on the chart, will they always mean end of the trend? … No, the really important candles are those which can be found near support and resistance levels. We want to know if this particular level will be broken or not.

Let’s pretend we have reverse candle near support, is it time to buy some lots? Again the answer is NO. Take your time, the next candle should be white which is confirmation that trend was reversed, there can also be consolidation period near resistance level, which is usually another sign that trend is reversing, in this case I would put long order at the resistance of consolidation block.

Where to put stop loss? I put it about 100 – 200 pips below my order depending on situation. I mean if important resistance or support line is broken and price move fast in opposite direction (eg. 100 pips) then there is really no point in holding this position any longer, trend wasn’t reversed.

Well, I hope this helps some of you, but if you are going to use this techniques then keep in mind they apply to longer timeframes! I use it with 1D charts, if you will use it with 15M chart you are going to blow yourself out.

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Canadian Dollar Update As At January 3 (updated) - forex trading academy leeds

Canadian Dollar Update As At January 3 (updated) ~ forex trading academy leeds

Of course the Canadian Dollar is feeling the effects of a failing economy based on someone’s dream about becoming a petrostate.

One interesting thing about petrostates is that in most of them poverty abounds.

Another interesting thing is that most petrostates are dictatorships.

And Canada was headed that way until the recent election that saw the fanatics removed from power.
Canada has a long way to go to recover from ten years of mismanagement, the current oil price has damaged all of Canada.

Here are some recent articles offering various opinions as to the future of the loonie:


CAD to USD: Why Hedge Funds See More Downside for Canadian Dollar - Profit Confidential
Sat, 02 Jan 2016 12:02:44 GMT
Profit ConfidentialCAD to USD: Why Hedge Funds See More Downside for Canadian DollarProfit ConfidentialCanadian newspaper The Globe & Mail reported this week that hedge funds are shorting the Canadian dollar. According to data released by the Commodi ...

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Falling oil prices and stalled economy make 2015 a year to forget - CBC.ca
Thu, 31 Dec 2015 15:25:21 GMT
CBC.caFalling oil prices and stalled economy make 2015 a year to forgetCBC.caBut thats cold comfort for investors who remember oil prices above $100 US a barrel less than 18 months ago. Oils slide has been devastating news for the Canadian dollar, ...
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CAD to USD: Could the Canadian Dollar Slide Another 19.0%? - Profit Confidential
Thu, 31 Dec 2015 12:01:50 GMT
Profit ConfidentialCAD to USD: Could the Canadian Dollar Slide Another 19.0%?Profit ConfidentialMarkets absolutely decimated the Canadian dollar in 2015, when low energy prices weighed on Canadas economy, dragging it into a recession. Now, as we app ...

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Price of oil loses another 3%, dragging Canadian dollar back below 72 cents US - CBC.ca
Mon, 28 Dec 2015 16:31:54 GMT
CBC.caPrice of oil loses another 3%, dragging Canadian dollar back below 72 cents USCBC.caThe benchmark price of North Americas main oil blend lost more than three per cent to change hands below $37 US a barrel on Monday, dragging the Canadian dolla ...

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A Nice Way To Profit From The Decline In The Canadian Dollar - Benzinga
Thu, 31 Dec 2015 13:34:00 GMT
BenzingaA Nice Way To Profit From The Decline In The Canadian DollarBenzingaAfter peeking in late 2007, the Canadian Dollar lost more than 25 percent in less than a year-and-a-half. However, the currency managed to recuperate, and its price remained ...

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Canadian dollar could sink as low as 68 cents as bond with oil grows to world ... - Financial Post
Thu, 24 Dec 2015 15:54:10 GMT
Financial PostCanadian dollar could sink as low as 68 cents as bond with oil grows to world ...Financial PostThe correlation between the Canadian dollar and the benchmark West Texas Intermediate oil price is about 0.56, meaning the two have a strong ...

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GBPUSD Update As At January 15 (updated) - forex trading academy south africa

GBPUSD Update As At January 15 (updated) ~ forex trading academy south africa

GBPUSD Is Tanking Today!

We are seeing a negative side today, the US pairs are sinking.

There are many factors causing this, one of them being the oil surplus.

Asian markets are giving concern to traders everywhere.

Today’s decline was a surprise to some, many had felt there was some stability.

Here are some comments.

GBP/USD: In Need of Confirmation - DailyFX
Thu, 14 Jan 2016 15:44:40 GMT
GBP/USD: In Need of ConfirmationDailyFXGBP/USD rebounded off an important long-term trendline earlier in the week as pointed out by Jamie Saettele (read HERE). This so far successful test of support roughly coincided ( /- 2 days) with the measured move in time of the 2014 – 2015 decline in ...


GBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable? - DailyFX
Thu, 14 Jan 2016 07:01:43 GMT
Future Currency ForecastGBP/USD Oversold Ahead of BoE- Will Governor Carney Talk Up Cable?DailyFXEven though the Bank of England (BoE) interest rate decision is likely to reveal another 8-1 split within the central bank, the fresh comments may boost the appeal of the sterling and spur a near-term rebound in GBP/USD should the committee change its ...


GBPUSD moves off low. Still lags. - ForexLive
Fri, 15 Jan 2016 14:49:00 GMT
ForexLiveGBPUSD moves off low. Still lags.ForexLiveThe GBPUSD remains the laggard. Yesterday the pair eked out a gain for the day. It was the second up day in 13 days. The problem? It was only up by 6 pips. Not exactly a race higher. Today, the pair tried to build off the higher close but failed. When ...


Forex technical analysis: GBPUSD tests and breaks quickly below 1.4300 - ForexLive
Fri, 15 Jan 2016 16:28:00 GMT
ForexLiveForex technical analysis: GBPUSD tests and breaks quickly below 1.4300ForexLiveIn an earlier post, I spoke of the bare minimum the GBPUSD price had to do. That was to get and stay above the 100 bar MA. The pair tried, but it just could not do it, and the move into the Friday 4 PM fixing was to the downside. The pair is now making ...


Forex Analysis of Majors – EURUSD and GBPUSD - FX News Call
Fri, 15 Jan 2016 11:19:02 GMT
FX News CallForex Analysis of Majors – EURUSD and GBPUSDFX News CallIn contrary to EURUSD, GBPUSD lost the ground and submerged below the 1.4359 (yesterdays low) level. Now the pair is very near to make a fresh six-year low. This pair needs to travel below the 1.4230 level to make a fresh 6-year low. On the 15 minute?...


GBP-USD almost flat after BOEs unchanged monetary policy - EconoTimes
Fri, 15 Jan 2016 05:40:00 GMT
GBP-USD almost flat after BOEs unchanged monetary policyEconoTimesDropping below the $1.44 mark confirmed the bearish bias, with a further decline possible toward $1.42 in the near term. In the bigger picture, a break of $1.4346 will open the doors of $1.4200 mark. Major support falls at $1.4272 and $1.4226 levels.

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High Frequency Trading Update - mb trading forex account requirements

High Frequency Trading Update ~ mb trading forex account requirements

UPDATE 2-High-frequency trading firm Flow Traders plans IPO - Reuters

http://news.google.com Thu, 18 Jun 2015 10:00:20 GMT

BloombergUPDATE 2-High-frequency trading firm Flow Traders plans IPOReutersHigh-frequency traders were the subject of Michael Lewis 2014 best-seller Flash Boys, which argued that the traders have an unfair advantage because exchanges let them obta ...

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The High Frequency Trading Tactic That Reduces Market Liquidity - ValueWalk

http://news.google.com Wed, 17 Jun 2015 16:16:49 GMT

ValueWalkThe High Frequency Trading Tactic That Reduces Market LiquidityValueWalkThe two arguments you typically hear in defense of high frequency trading are that it improves price discovery and supplies market liquidity, which has at least some bac ...

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High-Frequency Traders First Go Against Order Flow, Study Shows - Bloomberg

http://news.google.com Thu, 18 Jun 2015 07:13:03 GMT

High-Frequency Traders First Go Against Order Flow, Study ShowsBloombergHigh-frequency traders are more prone to first go against the flow of orders by large institutions, according to a study based on trade data provided by investors including Norwa ...

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FXCMs DailyFX launches new service: High-Frequency Trading Insights - LeapRate

http://news.google.com Fri, 12 Jun 2015 14:41:41 GMT

FXCMs DailyFX launches new service: High-Frequency Trading InsightsLeapRateThe novel solution is called High-Frequency Trading Insights on Markets and is available for free on DailyFXs website. The main purpose of the tool is to enable traders to a ...

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Eliminating High Frequency Trading and Creating Fairer Markets - CoinTelegraph

http://news.google.com Mon, 25 May 2015 18:39:03 GMT

CoinTelegraphEliminating High Frequency Trading and Creating Fairer MarketsCoinTelegraphIn traditional markets, high frequency trading probing orders and predacious trading puts the average Joe at a severe disadvantage when trading. With our algori ...

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Canadian Dollar Update As At January 23 (updated) - forex trading courses usa

Canadian Dollar Update As At January 23 (updated) ~ forex trading courses usa

What Is Happening With The Canadian Dollar?

Background.

The Canadian Dollar has had a nice bounce up in the past couple days and for sure people want that to continue.

Prices for food are skyrocketing and there is little relief in sight as most produce and vegetables are imported at this time of year.

The Loonie has been buoyed by a rise in the price of oil and a bit of weakness in the US Dollar.

Currency wars have been active quietly for many months. As China attempts to rescue its economy and increase production, there have been manipulations of the Yuan.

In addition many other countries are attempting to use interest rates as a tool to stimulate their economies.

Resources world wide are suffering from lack of deman as the worldwide economic slowdown persists.

Some interesting things have been developing in countries against which the Loonie trades, the next couple weeks will be interesting to determine the direction of the Loonie.

The Canadian Dollar is a component of the US Dollar Index, naturally the Loonie is reflected in that index and that index affects the value of the Loonie.

It looks like there is some divergence on these charts of the USDX and it appears to meet pretty stiff resistance to going much higher, which leads me to believe that the US Dollar is about to fall back which will improve the value of the loonie.

Because there are so many economies involved and because each can change their interest rates without warning, it is very difficult to manipulate the value of the Loonie with interest rates alone.

Three Charts to look at:

We have a weekly chart and a daily chart of the US Dollar index.

Both of these charts show some bearish divergence which is good news for the Loonie.

This next chart shows a pretty strong indication that the Loonie is about to rise

This is a Monthly Chart of the USDCAD currency pair and pretty [plain on there is the bearish pattern.
What makes this pattern more valid than most is that it covers a period of many years, about 15 years.

Long term, the US Dollar will be falling against the Loonie and relief for Canadians.

In the short term, there will be some volatility and we may see the gains of this week wiped out within the next week.

Video

This video contains a number of charts of currency pairs which involve the Canadian Loonie. There are several pairs involved and different time frames.
It appears to me from all of these patterns that the Loonie will soon be appreciating in value.

Here are some articles that contain some interesting views, Many people are becoming experts as to Canada’s finances.

US dollar net longs slip; yen longs rise again -CFTC, Reuters - Reuters
Fri, 22 Jan 2016 21:23:49 GMT
NEW YORK, Jan 22 Speculators reduced bullish bets on the U.S. dollar for a fourth straight week, as net longs fell to their lowest level since late October, according to Reuters calculations and data from the Commodity Futures Trading Commission ...


UPDATE 1-Canada inflation rate rises in December as food costs surge - Reuters
Fri, 22 Jan 2016 13:43:00 GMT
OTTAWA Jan 22 Canadas annual inflation rate rose in December as food prices surged, Statistics Canada data showed on Friday, suggesting the impact from the lower Canadian dollar was being felt. The annual inflation rate ...


The Big Shortfall: Its all about the economy as Parliament returns - Ottawa Citizen
Fri, 22 Jan 2016 19:35:36 GMT
commodity prices, a dipping Canadian dollar, sluggish economic growth and costly campaign promises are proving a mammoth financial headache for the government, and, with Parliament set to resume Monday, could soon be a political one as well ...


Fall in USDCAD just a correction, not a trend change - TradingFloor.com
Fri, 22 Jan 2016 16:18:39 GMT
trade idea highlights the foolishness of picking a bottom in a falling market where there is absolutely no evidence that the downtrend is pausing. It was based on too many assumptions rather than facts. The other major failing is that the author ...


Beat the loonie: Deals for Canadians travelling abroad - National Post
Fri, 22 Jan 2016 13:01:53 GMT
the Canadian dollar hovering below 70 cents, its a tough travel world out there. Trips to traditional sun spots favoured by Canadians are proving outrageously expensive. Luckily, there are tricks you can use to soften the blow and deals to be had ...


Canadian wine prices may be on the rise as low loonie crushes wine makers - bnn.ca
Fri, 22 Jan 2016 12:37:53 GMT
There could be a pleasant finish for local wine makers – the low loonie is making Canadian wine more appetizing to U.S drinkers. “Fifty percent of our products are exported across the world,” said Slingerland. “Our wines over the last three years are ...


Jobs cut, loonies rut & oils glut: BUSINESS WEEK WRAP - CBC.ca
Fri, 22 Jan 2016 23:01:30 GMT
Layoffs were a dominant theme this week as two major Canadian companies announced plans to cut back on jobs. First it was PotashCorp announcing plans to shut a potash mine in New Brunswick, putting 430 people out of work. In a town where the?...

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Easiest cash on earth for webmasters - forex trading income tax malaysia

Easiest cash on earth for webmasters ~ forex trading income tax malaysia

This post is not related to forex trading, but most of you guys have their own blogs or websites where you put your thoughts, analysis or just articles on trading. But most important fact is: you are interested in making money and this is what this topic is all about.

First of all you need to know that i wont be talking about big money, you will probably never earn more then 1 000$ in a month, not even close to 500$.

But the fun part is, all you need to do is place a small banner on your website, thats it!

You will earn 5£ every single month, just for keeping this banner on your website, sounds to good to be true?

Well i also thought this way, but when i reviewed this company i realized, there is nothing to lose.

It is completely free. Free to join and free to earn easiest money online. In my opinion it is a quite decent deal.

You maybe thinking why would anyone possibly want to put a banner on my website and pay for it 5£ a month? But the reality is a bit different, when you signup you have to select 3 pages from your website where their banner will be visible. Then within 48 hours they will review your website, and accept or decline your application depending on your website.

But again there is no risk involved, if they decline your application, so what, you didnt lost a dime!

Join now before they stop accepting new members.

If you are interested in this company here is URL with my referral code, and another one without a referral code, choose whatever you want.

http://www.bucks4banners.net/?aff=11631
http://www.bucks4banners.net/
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US Dollar Index Update as at December 22 (updated) - forex trading institute in lahore

US Dollar Index Update as at December 22 (updated) ~ forex trading institute in lahore

US Dollar Index is showing a little weakness at this time.

Both the Macd and RSI have been showing bearish divergence, it may be that there will be a significant decline as weeks pass.

Today’s close at 98.23 is just about to go below the 50 MA, next support level will be at about 96.50

Dollar Poised to Snap Three-Month Rally as Gradual Fed Pace Seen - Bloomberg
Tue, 22 Dec 2015 15:44:05 GMT
Malay Mail OnlineDollar Poised to Snap Three-Month Rally as Gradual Fed Pace SeenBloombergIntercontinental Exchange Inc.s U.S. Dollar Index, which tracks the currency against six major peers, was down 0.4 percent as of 10:18 a.m. in New York. The ga ...
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FOREX-Dollar index pares losses after US GDP data - Reuters
Tue, 22 Dec 2015 13:43:00 GMT
FOREX-Dollar index pares losses after US GDP dataReutersEconomists polled by Reuters had forecast third-quarter GDP growth revised down to a 1.9 percent rate. The dollar index which measures the greenback against the euro, yen and four other currenci ...
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US Dollar Index Technical Analysis for December 22, 2015 - FXTimes (press release) (registration)
Tue, 22 Dec 2015 06:57:00 GMT
US Dollar Index Technical Analysis for December 22, 2015FXTimes (press release) (registration)The US Dollar Index has moved lower from 99.25/30 levels earlier as discussed here. The index is trading around 98.40/50 levels, looking for a retracement/p ...
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Gold Extends Early Gains as US Dollar Index Weaker - Forbes
Mon, 21 Dec 2015 15:13:00 GMT
Gold Extends Early Gains as US Dollar Index WeakerForbes(Kitco News) - Gold prices are trading solidly higher in late-morning dealings Monday, on follow-through technical buying from Fridays rebound and on some short covering in the futures market. ...
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Dollar Index and Services PMI Both Fell - Market Realist
http://news.google.com Mon, 21 Dec 2015 16:04:59 GMT
Market RealistDollar Index and Services PMI Both FellMarket RealistThe US Dollar Index measures the strength of the US dollar against other major currencies. It fell by 0.58% on December 18, 2015. The index was on a correction mode after the near 1.5 ...
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Euro Update As At December 23 (updated) - forex trading workshop london

Euro Update As At December 23 (updated) ~ forex trading workshop london

The EurUsd Currency pair seems to be searching for a bottom as you can see on the second chart which is a weekly chart.

Certain political events in the near future are bound to influence this par and move it out of the current range.

Here are some insights and views by various writers which you may find of interest.






Dollar Rises Against Euro - Wall Street Journal
 Wed, 23 Dec 2015 17:52:44 GMT
Wall Street JournalDollar Rises Against EuroWall Street Journal  The dollar advanced against the euro on Wednesday as some investors re-entered trades for the common currency to weaken, predicting the paths for monetary policy between central banks in ...
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Dollar ekes out gain against euro after weak eurozone data - MarketWatch
 Wed, 23 Dec 2015 21:31:55 GMT
Dollar ekes out gain against euro after weak eurozone dataMarketWatch  “French GDP for the third quarter was revised down, and consumer spending is also looking softer, which has led the euro slightly lower against the dollar,” said Will Hedden, senior ...
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Pound to Euro: Expectations of More ECB Stimulus Unlikely, Banca IMI - Pound Sterling Live
 Wed, 23 Dec 2015 10:11:22 GMT
Pound Sterling LivePound to Euro: Expectations of More ECB Stimulus Unlikely, Banca IMIPound Sterling Live  An increase in Euro-zone government bond Issuance of 150bn in Q1 2016 compared to Q4 2015, is also forecast to weigh on bond prices - but at the ...
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Study: Most Finnish residents would keep euro despite perceived economic drawbacks - YLE News
 Wed, 23 Dec 2015 13:16:00 GMT
YLE NewsStudy: Most Finnish residents would keep euro despite perceived economic drawbacksYLE News   A large number of Finnish residents believe that the economy would fare better without the euro, but a majority would still prefer to keep the common cu ...
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Pound to Euro: Todays GBP/EUR Exchange Rate Predictions and Live Conversions - Exchange Rates UK
 Wed, 23 Dec 2015 18:56:15 GMT
Profit ConfidentialPound to Euro: Todays GBP/EUR Exchange Rate Predictions and Live ConversionsExchange Rates UK   Following the uncertain result of Sundays Spanish parliamentary elections, the Pound Sterling to Euro exchange rate has been trending sl ...
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EUR/USD – Euro Steady, US Durables Next - MarketPulse (blog)
 Wed, 23 Dec 2015 09:42:06 GMT
EUR/USD – Euro Steady, US Durables NextMarketPulse (blog)   As well, this move is expected to be the first in a series of incremental rate hikes over the course of 2016, and higher interest rates means that the US dollar will become even more attractive ...
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Euro and dollar highest growing financial search terms on Google - Daily News Egypt
 Wed, 23 Dec 2015 23:16:34 GMT
Daily News EgyptEuro and dollar highest growing financial search terms on GoogleDaily News Egypt   According to Googles indicators, “Price of the euro today” is the most growing search, with rates increasing by 180%. It is followed by “the price of ...
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