Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Welcome Guests
Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.
All Activity
This stream auto-updates
- Today
-
this shows up... http://charleshughsmith.blogspot.com/2018/08/technocrats-rule-democracy-is-ok-as.html
-
mits, well we don't need to worry about this* with you, do we? you need some boundaries dood. jk *https://www.wakingtimes.com/2018/08/13/george-orwell-warned-us-of-the-most-dangerous-type-of-censorship/ ... must disagree again... keeping billions herded is not that difficult... herds for the most part tend to herd themselves with occasional help from fences and shepherds... to make it even easier - keep them malnourished on empty foods... keep them serially sick and weak from toxins and pharm ... keep them doped up on synthetic pain and symptom suppressor meds ... maintain relentless attacks on the functional aspects of cultures, while building a culture that features only operating as physical beings with no contact with 'spirit', with the consequent lack of feeling culpable for their world ... keep them polarized and divided and in 'broken' relationships ... keep their brains saturated 24 7 with a fake orthodoxy, a global distributed script, body of consensus ideas with the unspoken hint that all right-thinking people will accept it without question... censor the outspoken deviants as harshly as needed... track every move the relatively small sample of profiled deviants make ... have the dogs ready to round them up and pushed back onto the plantation, or into retraining prisons, or killed...
-
Daily Technical Strategy On Currencies & Commodities
FXTechstrategyT replied to FXTechstrategyT's topic in Technical Analysis
USDJPY: Sees Further Recovery Higher USDJPY: The pair looks to extend further recovery higher as more strength is likely. On the downside, support lies at the 110.50 level where a break if seen will aim at the 110.00 level. A cut through here will turn focus to the 109.50 level and possibly lower towards the 109.00 level. On the upside, resistance resides at the 111.50 level. Further out, we envisage a possible move towards the 112.00 level. Further out, resistance resides at the 112.50 level with a turn above here aiming at the 113.00 level. On the whole, USDJPY faces further recovery pressure. -
Date : 14th August 2018. MACRO EVENTS & NEWS OF 14th August 2018.FX News Today European Fixed Income Outlook: German 10-year Bund yields jumped higher from the off and as of 06:19 GMT, are up 1.8 bp at 0.326%, underperforming Treasuries and JGBs, which showed rates rising 1.6 bp and 1.0 bp respectively. Stronger than expected growth numbers at the start of the session added pressure on Bunds, after core yields already started to back up again as stock markets stabilized and Turkey jitters receded somewhat. Japanese markets bounced back overnight and European stock futures are moving higher alongside US futures. Bundesbank’s Wuermeling suggested one should not “over dramatize” the risk of Turkey contagion, adding that ECB didn’t see the need for a risk meeting so far. As long as there is not a further dramatic escalation, the turbulence is not expected to derail ECB’s course towards a phasing out of QE. Already released German July HICP was confirmed at 2.1% y/y. Still to come are German ZEW confidence, the 2nd reading of Q2 Eurozone GDP and UK labour market data.FX Update: Safe haven positioning were unwound some today, which saw the Dollar and Yen traded softer against most other currencies after Ankara managed to halt the rout of the Lira, which in turn brought a reprieve in still-fragile global markets. Most stock markets found a footing in Asia, and USA500 futures are showing a 0.3% gain, reversing most of yesterday’s regular-session’s losses, though Chinese markets were an exception, declining after a batch of economic data showed the economy to have hit a rough patch, while investment growth was shown to have reached a record low. EURUSD settled around the 1.1400 mark, above yesterday’s 13-month low at 1.1365. USDJPY recouped back toward the 111.0 level after posting a seven-week low at 110.11 yesterday. PBoC set the reference rate for USDCNY at 6.8695, versus 6.8629 yesterday. China’s statistics bureau said that the weaker Yuan, which has declined the most against the Dollar since April on record (in the era of the prevailing regime), and perhaps aiming to counter the wrath of President Trump, was a reflection of the Fed’s tightening cycle. AUDUSD firmed above 0.7770, finding a footing after 3 consecutive days of declines. Australia data showing business confidence rising provided the Aussie a supporting influence.Charts of the Day Main Macro Events Today UK Average Earnings Index – Expectations – Average Household Earnings expected to come in with 2.5% y/y and 2.7% y/y growth in both the including- and ex-bonus figures, which would match the respective growth rates that were seen in the month prior. UK Unemployment Rate – Expectations – The labour report expected to show unemployment holding unchanged at 4.2% in June. Eurozone GDP – Expectations – Eurozone Q2 GDP is likely to be confirmed at 0.3% q/q. German ZEW Economic Sentiment – Expectations – A slight improvement is anticipated in the headline number to -24.0, from -24.7 in the previous month. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
-
Actions for the 13th. My lack of patience really stung today, bailed out too early and rushed back in without much thought to get caught out again.
- Yesterday
-
BitcoinExchangeGuide Coins Update
BitcoinExchangeGuide replied to BitcoinExchangeGuide's topic in Technical Analysis
Bitcoin (BTC) Daily Price Forecast – August 13 BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,500, $6,600, $6,700 Support levels: $6,100, $6,000, $5,900 Last week the overall trend of Bitcoin was bearish. The price of Bitcoin was above the $7,000 price level. The bears broke the $7,000 price level and were approaching the $6,000 price level. The assumption last week was that price is not likely to break the support level at $6,000. One of the reasons is that the level had not been broken since November 2017. On August 11, price tested the level at a price of $6,081.80 and pulled back. Today, the BTC price is in a bullish trend at a price of $6,462.78 as at the time of writing. The BTC price is getting stronger as the bears were to defend the $6,000 price level. Traders are looking out for buy setups to initiate long trades. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. The price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The Relative Strength Index period 14 is level 54 which indicates that price is in a sideways trend zone. BTC/USD Short-term Trend: Bullish On the 1-hour chart, the price of Bitcoin is in a bullish trend. The MACD line and the signal line are above the zero line which indicates a buy signal. Nevertheless, the price of Bitcoin is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: https://bitcoinexchangeguide.com -
The prevision at the time of investing is the best ally
mitsubishi replied to ElliotSUL's topic in General Discussion
Yeah you're right... It's the victims that are the real problem. After all, if there wasn't any victims then there couldn't be any scammers. Then you would have to try and post something worth reading. -
-
collectivism speaks https://mises.org/wire/want-socialist-society-first-abandon-your-hopes-and-dreams
-
Examples: “fake ‘dichotomies’ and other psy-ops” ... suppression https://grrrgraphics.com/the-game-is-rigged-free-speech-monopoly/ ... staged opposition https://www.goldmoney.com/research/goldmoney-insights/macroeconomics-has-lost-its-way ... more concrete staged opposition This weekend in Charlottesville, the ‘supremacists’ never planned a demonstration. The only planned demonstration was the one organized so they could counter the fake prospect of a ‘supremacists’ rally falsely floated (in the complicit media) by the ‘left’ ... straight out of the mid 19teens playbook in russia... Last year's 'tragedy was more of the same... the organizer of the 'right' faction was a plant from the left. Witnesses saw (paid) 'nazis' and 'antifa' climb down out off the same buses the morning of...
-
Actions for the 10th. Watched for a while after trade 1 but thought the day would be like the others so shut down after a couple of hours.
-
Bump real.video https://www.real.video/ ... Re: “6ooo murdering lying psychopathic pedo wankers v 7 billion” Those are some impressive numbers mits. But they seem off... seems to me it’s more like ‘6ooo’ murdering lying psychopathic pedo wankers and Millions of ‘bought and paid for’ agents Billions of ‘groupie glome ons’ duped by fake ‘dichotomies’ and other psy-ops Billions of 'clients', ‘dependents’, Billions of fearful, helpless, (complicit) ‘non participants’ Billions of...etc vs ____ I was going to submit this article to the editor of the good news project ... but the quantities in each group are swelling ... and it will get much worse before it gets better. We are nowhere near peak evil yet...
-
Date : 13th August 2018. MACRO EVENTS & NEWS OF 13th August 2018.Main Macro Events This Week Sanctions, tariffs, and trade frictions have increased market nervousness, but so far there’s been little observable real sector impact. Nevertheless, the meltdown in the Turkish Lira after the US doubled down on tariffs, raised worries over a full blown financial crisis with global repercussions. European markets shuddered over the exposure of its banking sector. And the ensuing drop in equities sent yields sharply lower too. While the fear of contagion will result in nervous trading this week, the problems appear more endemic to Turkey than systemic to the global financial sphere.United States: There are plenty of US data reports to go around this week, though it’s concentrated on Wednesday and Thursday, and most should show the economy continues to hum at a solid clip. But the releases may only provide a distraction with the focus still on sanctions and tariffs. July retail sales headlines (Wednesday), which are expected at a 0.3% increase. That would be a positive start to Q3. July industrial production (Wednesday) is projected to rise 0.2%, after rising 0.6% in June. The Empire State index (Wednesday) is estimated to slip to 20.0, from 22.6 in July and compares to an 8-month high of 25.0 in June. The Philly Fed index (Thursday) should decline to 23.0 in August, from 25.7, which would be just off the 6-month average of 25.2.Q2 nonfarm productivity (Wednesday) is estimated to climb to a 2.5% pace, from a soft 0.4% reading in Q1. The Q2 gain should be driven by a 5.2% increase in output. However, the underlying trend in productivity remains disappointing and is one of the big mysteries faced by the Fed. Housing starts (Thursday) should rebound 7.4% in July to 1.260 mln, partially reversing a 12.3% drop in June. The weakness in June was in both single- and multi-family starts and we see a rebound in July. Trade prices (Tuesday) should post gains of 0.1% in July for both imports and exports, following respective -0.4% and 0.3% readings in June. In July, we expect an increase in petroleum import prices, but that could be partially outweighed by a stronger Dollar as well as tariffs which may restrain import prices. Import prices ex-petroleum are expected to rise 0.1%. The preliminary August Michigan sentiment reading (Friday) is expected to rise to 98.5, from 97.9 in July.Canada: Canada’s data highlight also appears at the end of the week. This time it is CPI (Friday), projected to grow at a 2.5% y/y pace in July, matching the 2.5% y/y clip in June. CPI is seen rising 0.1% on a month comparable basis in July after rising 0.1% m/m in May and June. Bank of Canada projected a run-up to 2.5% CPI growth rates, so the July and June reports will not move the needle on the policy outlook. Meanwhile, June manufacturing shipment values (Thursday) are seen rising 1.0% m/m after the 1.4% gain in May. The calendar also has the July Teranet HPI on Tuesday. Existing home sales for July are expected Wednesday. The ADP employment figures for July will be released on Thursday. There is nothing from Bank of Canada this week.Europe: This week’s calendar focuses mainly on Q2 growth indicators and final July inflation readings, which are unlikely to hold many surprises. German ZEW investor confidence, though, will be watched very carefully, especially against the background of growing concerns over the exposure of European banks to Turkey, which is sliding deeper into crisis. Coupled with lingering concerns about Italy’s political situation, this is threatening to further add to a widening of spreads and will spark fears of a flaring up of the debt crisis.The first release of German Q2 GDP (Tuesday) is expected to show a slight acceleration, while Eurozone Q2 GDP (Tuesday) is likely to be confirmed at 0.3% q/q. The recovery is ticking along, but the balance of risks is starting to tip to the downside with Turkey now adding to bank concerns and volatility on bond markets. With risk aversion spiking higher on Friday, the timing of the responses to the latest ZEW Investor Confidence survey (Tuesday) will play a larger than usual role. The busy calendar also has Eurozone production and trade data for June, which will be overshadowed, however, by the 2nd reading of Q2 GDP numbers.UK: The calendar is highlighted by the release of monthly labor data covering June and July (Tuesday), July inflation figures (Wednesday) and July retail sales (Thursday). The labor report is expected to show unemployment holding unchanged at 4.2% in June, and average household earnings to come in with 2.5% y/y and 2.7% y/y growth in both the including- and ex-bonus figures, which would match the respective growth rates that were seen in the month prior. Steady wage growth, which has been running above inflation for some months now, was one of the justifications BoE gave behind its decision to tighten monetary policy this month. The inflation is anticipated to remain steady at 2.4% y/y in July. As for retail sales, a rebound of 0.2% m/m is expected after the 0.5% contraction in June, which had been an unexpectedly weak figure, blamed on hot weather and the distraction of the World Cup for a good portion of the population.Japan: The Revised June industrial production is due on Tuesday. Preliminary production dropped 2.1% in June, and slid 1.2% y/y. The July trade report (Thursday) is expected to see the previous JPY 720.8 bln surplus flip to a JPY 100.0 bln deficit.China: Chinese July industrial production (Tuesday) is forecast to rise to 6.2% y/y from 6.0%, while July retail sales (Tuesday) should increase to a 9.2% y/y pace from 9.0% in June. July fixed investment (Tuesday) is estimated slowing slightly to 5.9% y/y from 6.0%.Australia: The July employment (Thursday) is expected to rise 25.0k after the 50.9k bounce in June. The unemployment rate is seen at 5.4%, matching the rate in June. The wage price index (Wednesday) is seen expanding 0.5% (q/q, sa) in Q2 after the matching the 0.5% rise in Q1. The index is expected to grow at a 2.0% y/y pace in Q2 from 2.1% in Q1. RBA governor Lowe (Friday)appears before the House of Representatives’ Standing Committee on Economics. Assistant Governor (Economic) Ellis speaks at the Australian National University (Friday). RBA’s Deputy Head of Payments Policy Department Harris (Thursday) participates in a panel discussion at the Risk Australia 2018 Conference.New Zealand: In New Zealand, PPI-output and PPI-input for Q2 are due Friday.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
- Last week
-
Daily Technical Strategy On Currencies & Commodities
FXTechstrategyT replied to FXTechstrategyT's topic in Technical Analysis
EURUSD: Bearish, Targets Further Downside EURUSD: The pair looks to weaken further in the new week following its past week losses. On the upside, resistance comes in at 1.1550 level with a cut through here opening the door for more upside towards the 1.1600 level. Further up, resistance lies at the 1.1650 level where a break will expose the 1.1700 level. Conversely, support lies at the 1.1550 level where a violation will aim at the 1.1500 level. A break of here will aim at the 1.1450 level. Below here will open the door for more weakness towards the 1.1400. All in all, EURUSD faces further downside pressure -
Yes, I did this. I would only have to pay $ 8100 when paying my profit for the cost of transfer. greetings
-
The best forex broker for your trading tactics
brokerreviewnet247 posted a topic in Commercial Content
For the past years, the forex market has become more and more popular among international traders who exchange currency pairs daily from all over the world. Consequently, there are many more companies offering the forex services, which are called forex brokers. However, choosing a good broker to start trading might be challenging for the beginners. Therefore, today journal is especially for Asian traders to decide which one is the best forex broker in 2018 by comparing some top famous brokers and ranked them based on 8 different categories. So how can we evaluate a broker? The answer is how they treat their customers considering 3 factors. Firstly, a good broker must serve traders with excellent trading conditions and satisfied customer services. Secondly, it is essential for them to be transparent and safe. Lastly, best forex brokers need to concern about long-term profit for the traders. Don’t be fooled by bonuses or promotion from small brokers. Despite the facts that trading with small brokers is riskier because they are less secured and professional, best forex brokers usually offer little bonus for their traders since they expect the traders to understand that it takes time, effort and strategy to earn profit so the profit could not instantly made in the forex market. After reading this article, I hope you could choose for yourself a broker that is most suitable for your conditions and trading strategies. 1. Regulation: License from a trusted organization is very crucial for a forex broker since those organizations only qualify big international brokers so don’t trade with small, unregulated ones. The license demonstrates that the broker has standards, reputation and capability. There are some popular and reliable certificates namely ASIC (Australia), CySEC (Cyprus), FSA (Japan), CFTC and NFA (United States), and FCA (United Kingdom). Be careful by the fact that the license is regional. Even though it could guarantee the safety of the traders, but a broker with FCA certificate could not protect their clients in Asia. Moreover, a license would eliminate many things to the best forex broker. They would need to offer higher spread, lower leverage, less trading tools and higher minimum deposited. It obviously shows that quality is better than quantity, specifically, having a trustable certificate is better than having many licenses. Although being regulated by many licenses doesn’t make the broker better, it’s safer to know that your broker has license than none. 2. Transparency & Security It is necessary for the best forex brokers to reveal everything about themselves to the traders since the forex market is a complex place and full of scammers. Therefore, an advice to traders for choosing a broker who is not shy to show their financial accounting and performances. Until now, only two brokers published all of their financial reports and performances, which are Exness and FxPro. You could easily find their reports and other information right on their websites. Furthermore, remember that most brokers promise to compensate customers when there are unexpected problems and you should check the audit of your broker to ensure that the company is carefully audited annually. Exness takes their transparency to higher level by revealing their bank account position and the 4 times the deposit fund of their clients so traders do not have to be worry about losing the money due to technical problem or crisis when trading with Exness. Additionally, Exness was audited quarterly by Deloitte so all information on the websites is 100% accurate. 3. Trading Volume: Traders are commonly advised to observe the trading volume of a broker, WHY? A simple answer is that the more a broker trades, the more reliable that broker is. Traders from over the world have believed in them, why don’t we? Below is a list of some best forex brokers’ monthly trading volume: Exness: $323 billion per month. Hot Forex: $280 billion per month. Forex.com: $185 billion per month. FXCM: $108 billion per month. 4. Customer Service: The forex field is complicated to everyone, so broker’s customer service is vital, especially for new traders who need support and instructions often. Therefore the best forex broker should always be available to help their traders with anything. Language is also a key of trading success. Since not all traders are good at English, so it is better for a broker to be able to help customers in various languages. Exness, FBS, FxPro and XM are all brokers offering outstanding customer care like 24/7 service, multiple languages. In my perspective, Exness seems to have the most satisfied supporting team because there is always an available of strong sale, supporting and marketing team in local markets. In the case of having any problems, you just need to chat with them on the website and you will be responded spontaneously as the supporting services operates 24/7. 5. Cost & Fee: The title “Cost and Fee” means the spread and commission that a broker charges traders. Forex brokers should maintain their spread and commission as low as possible as traders plainly do not want to be charged so high. EUR/USD is the most common currency pair and some big brokers named above have low spread. While Exness, Hot Forex, and FBS have the spread of 1.1 pip, XM and FXTM’s spread is a little higher, 1.7 pip. Even though the majority of brokers do not charge any commission for regular account, ECN still charge commission as its spread is none. The best forex broker in this field is Exness, they charge the lowest price which is only $2.5 for each lot. 6. Withdrawal/Transfer System The period for traders to withdraw their fund is concern able. For domestic brokers the withdrawal time will be shorter but they are not reliable. In contrast, foreign brokers is more trustable but the withdrawal process will take a longer time. Hence, you need to find a fastest trader so you could follow your trading strategy. Do you know that Exness is leading in short withdrawal or transfer time? One of the main reasons for traders to choose Exness because their system works automatically, so the time to perform these tasks is only millisecond. 7. Leverage: All traders love brokers with high leverage and for them the higher the better. Ironically, owning to strict government regulations, brokers in Japan, United States or United Kingdom have to offer low leverage, just as I mentioned above about the regulation. Therefore, traders usually go to brokers with fewer licenses. Here some best forex brokers with high leverage: Exness: Offer traders the highest leverage as possible, for accounts with less than $1000 and having traded more than 5 lots, the leverage is unlimited. For accounts with over $1000, it is 1:2000 top. Hot Forex: 1:1000 top. FBS: 1:1000 top. XM: 1:888 top. 8. Minimum Deposit With the fact that 90% new traders will lose all their money in the beginning, small and new trader do not want to leave much money in their account. Therefore, whoever brokers offer accounts with little deposit will be more suitable to you. Here are some: Exness: only $1. FBS: only $1. Hot Forex: $5 Eventually, I hope you could decide which broker could support you best after reading this article. Of course, every brokers have their strengths and weaknesses. It is up to you to decide who to partner with. -
malebox changed their profile photo
-
fuck political correctness fuck the remainers fuck boris fuck traitor may fuck the burka fuck sad eek kahn fuck the muslim farmyard animal invasion fuck america fuck the media fuck the spies fuck facebook fuck youtube fuck twitter fuck amazon fuck pedophiles fuck snowflakes 6ooo murdering lying psychopathic pedo wankers v 7 billion https://www.rt.com/uk/173044-bbc-protest-gaza-uk/ https://www.real.video/
-
Quick breakout screen for stocks to watch $CHRS $DSW $DMVT $EXPR $MDB $SHOO $SQ $TISI and $VRSN analysis https://stockconsultant.com/?CHRS
-
$LULU (LULU) Lululemon Athletica stock back up near highs with a breakout watch above 129.89,analysis https://stockconsultant.com/?LULU
-
you deserve better... but this is all you get today https://www.sprottmoney.com/Blog/the-digital-dark-age-is-here-nathan-mcdonald.html have a great weekend all
-
Daily Technical Strategy On Currencies & Commodities
FXTechstrategyT replied to FXTechstrategyT's topic in Technical Analysis
GBPUSD: Bearish, Extends Weakness GBPUSD: The pair continues to retain its downside pressure selling off further on Friday. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level. Below here will set the stage for more weakness towards the 1.2600 level. Conversely, resistance stands at the 1.2850 levels with a turn above here allowing more strength to build up towards the 1.2900 level. Further out, resistance resides at the 1.2950 level followed by the 1.3000 level. On the whole, GBPUSD remains biased to the downside medium term. -
Trading Rooms are just a spam as the genuine traders do not have much time to discuss more above trading.
-
Date : 10th August 2018. MACRO EVENTS & NEWS OF 10xth August 2018.FX News Today European Fixed Income Outlook: 10-year Bund yields are down -2.0 bp at 0.352% as of 6:09 GMT, versus declines of -1.8 bp and -1.1 bp in Treasury and JGB yields. Bonds are supported by a fresh rise in risk aversion that put pressure on stock markets during the Asian session. European stock futures are heading south in tandem with US futures. The spiral of tariffs is weighing on the global outlook and in Europe Brexit concerns and now also worries that European banks could be hit by the fallout from the crisis in Turkey and the slide in the lira is underpinning the flight to safety. The FT reported that the ECB’s supervisory arm has raised concerns about the exposure of some banks. The calendar is picking up today, with the focus on UK GDP numbers for the second quarter. The UK and France also released production numbers for June, Sweden and Norway have inflation data.FX Update: The Dollar has rallied strongly into the London interbank open, driving EURUSD to a 13-month low of 1.1448, Cable to fresh one-year lows under 1.2800 and AUDUSD to three-week lows. The Greenback has also posted gains against most other currencies, most notably the Turkish Lira, which has tumbled to fresh record lows. As the Turkish liracontinues to slide concerns a growing at the ECB’s Single Supervisory Mechanism is raising concerns about the exposure of some of the Eurozone’s biggest lenders to Turkey, including BBVA, UniCredit and BNP Paribas according to a FT report, citing two people familiar with the matter. The risk is that Turkish borrowers may not be hedged against the plunge in the lira and may begin to default on foreign currency loans. Turkish Treasury and Finance Ministry said yesterday that banks and non financial corporations face no fx or liquidity risk. BBVA, UnitCredit and BNP, but also HSBC and ING have banking operations in Turkey.USDJPY has lifted out of a two-week low, while Yen crosses have traded lower, partly driven by flagging global equity markets and partly in the wake of above-forecast Japanese Q2 GDP data, which rose 0.5% q/q, above the median forecast for a 0.3% q/q rise. USDJPY has lifted toward 111.0 after earlier printing a two-week low at 110.67. The Dollar’s ascent has been concomitant with a bout of risk aversion on investor concerns about an escalating trade war, and the impact of US sanctions on Turkey and Iran. Beijing today doubled down in the face of domestic criticism about its stance in the trade spate with the US.Charts of the DayMain Macro Events Today UK GDP – Expectations – GDP should come in at 0.4% q/q and to 1.3% y/y from respective Q1 figures of 0.3% q/q and 1.2% y/y. UK Manufacturing and Industrial Production – Expectations –The Industrial production is expected to rise by 0.4% m/m in June, rebounding from the 0.4% contraction of May, with the y/y figure seen at 0.8% after 0.8% y/y growth in May. The Manufacturing production anticipated at 1.0% y/y from 1.1% seen in May. US CPI and Core CPI – A 0.2% increase in the July headline CPI is expected, following a benign 0.1% gain in June. The y/y headline index should be 2.9% in July, steady from June. The core index should also hold steady at 2.3%. Canadian Unemployment data – A 15.0k gain is expected in total jobs during July following the 31.8k gain in June. The unemployment rate is seen slipping to 5.9% after perking up to 6.0% in June from the 40-year low 5.8% in May as more people looked for work in June. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission
-
What is the best trading strategy suited for beginners in Intraday, swing or trend trading?
nameeta26 replied to nameeta26's topic in General Trading
Please help me to understand the intraday market. I really dont want to lose money trading. -
What is the way of getting live real-time stock prices and graphs of the Indian stock markets (NSE/BSE) for my mobile app?
nameeta26 replied to nameeta26's topic in General Trading
Please help. I am really stuck here confused.
