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gandalf33

Recommendations for Videotaping Software

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Greetings,

 

I've recently tried to record my 2.5 hour trading session using Camtasia Studio 7, the resul was horrible - I had to scale down the framerate to 5 per second and then produce it, the video was being produced for 2 hours, and a 1.5 GB file of 1 trading day was spit out.

 

I'm looking for the same thing - making a video of my trading screen for 2.5 hours - but with reasonable processing time and size (few 100 MBs max). Any other software recommended for this?

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Greetings,

 

I've recently tried to record my 2.5 hour trading session using Camtasia Studio 7, the resul was horrible - I had to scale down the framerate to 5 per second and then produce it, the video was being produced for 2 hours, and a 1.5 GB file of 1 trading day was spit out.

 

I'm looking for the same thing - making a video of my trading screen for 2.5 hours - but with reasonable processing time and size (few 100 MBs max). Any other software recommended for this?

 

 

With Camtasia Studio, you can adjust the Clip Speed while building the video (from Project). You can almost reduce the 2.5 hour recording session to 15 minutes (90%).

I used to record entire day of trading and playback in 40+ minutes...

Search for 'Clip speed' in Camtasia Help.

 

Regards,

Suri

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I use CamStudio to record trading sessions, webinars and videos that block downloading. I've been quite satisfied with the quality of the results, however I can't say I really paid attention to the file size. It is free and open source.

 

I also use Camtasia 7 and It works well. It does take a long time to produce, that is due to the new MP4 format. This is great quality and smaller download. I don't trade all day, but very easy to record a 3 hour session.

 

You might also be able to use the older Camtasia 5 or 6, you can still download them. Howard how did you get it for free, they have a trial, but I did not know it was open source.

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Thanks to all of you guys, for the inspirational insights.

 

I've spent the last 3 days rendering videos around the clock (except for trading), and I've come to a conclusion.

 

I've tried CamStudio, recorded a 4m 45s session, realized it takes 229 MB, which resulted into an estimated 2.5 hours session size of 7 GB - unacceptable. I then realized CamStudio uses the default codec Microsoft Video 1 to encode the result, a codec built in year 1992.

 

Then I've made extensive testing with all the available codecs using CamStudio, I've noted all the results down but none of them was what I was expecting - file size too large, the lowest one taking 1.8 GB.

 

I went on testing the FlashDemo software - the result was slightly more satisfactory on low quality setting (FlashDemo has two options: high quality and low quality...) but the final file is a .swf file, where the current position is marked with the current segment played, e.g. 357 / 892, not minutes. Plus Camtasia says the limit for swf files is 16 000 frames, which for a 2.5 hour would result into less than 1 frame per second...

 

I returned to Camtasia and played with it for two days. I'm gonna spare you all the million tests I did and just let you know the result:

 

- when producing the file in Camtasia Studio 7, use the custom format

- choose AVI

- choose TechSmith Sceen Capture Codec

- leave the key frame to be created every 80 frames

- use frame rate 10

- click on codec configuration and slide the slider to the leftmost side - all the way to 'Fast Compression'

- use High Color (16-bit)

 

My result of today's trading session:

length: 2h 31m

resolution: 1920 x 1200 (!)

quality: crystal clear

file size: 115 MB (!!)

rendering time: 1h 30m

 

...which is an absolutely stunning result. One of the lowest rendering times I had with the highest quality I had, combined with one of the lowest file sizes I had (and I've rendered A LOT of vids in the past two days). And here's why. Take these as hints when rendering your own tradin session vids:

 

- don't use 256 colors. Dithering, trying to 'get close' to another color pixelates the whole picture, which then actually takes more space than when you use 16-bit color

- don't use 24-bit color (True Color). 16-bit color (High Color) takes reasonably less space and there's absolutely no telling which one you are using by looking with your eyes

- I've tried lower resolutions, even 1600x1000 made the video a bit "fuzzy" (still usable though), while the file size dropped just a bit (I went down to as low as half of the original res). Keeping 1920x1200, the recorded resolution, makes the vid beautiful to the eye (looking exactly as it happened) while there's no big raise in the file size

- I wanted every single tick to be seen on the vid - I've observed the original action vs a 5 frames per second video very precisely for a long time next to each other, and I couldn't find the difference. Using 10 fps then is a safe bet to me, containing every tick change.

- beware of switching windows. When you are recording the price changes in your trading software, try switching to other software/desktop/internet explorer/instang messaging to minimum, or don't use those while you are trading, at all. They have a horrible effect on the file size. The 2.5 hours taking 115 MB in 1920x1200 quality (which is more than FULL HD today) does not contain a single screen switch. If I would switch to Internet Explorer 15-20 times during my trading session, the size would go up to 300 MB

 

That's all folks, thanks again and hope my findings will help somebody. Enjoy

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CamStudio is less capable than CamTasia. That's why CamStudio is free.

 

There are some professionals who choose Camstudio above Camtasia, and it may surprise that the reason has little to do with being paid or free.

 

I was certainly surprised by that:

 

Camtasia or Camstudio?

 

Look for posts by Josh Anderson - #24 onwards. That fellow is knowledgable and professional - this is his bread and butter, and he has a very strong business.

 

Personally I searched the Internet for screen recording software to record the Boot Camp Marathon trading Webinar a few months back (the Wayne McDonell NFP people).

 

I had used Camstudio previously, and was about to use it again, when I remembered how useless the support forum was when I really needed some serious answers to get Camstudio going. Remember, the CS software is free to use, and they say the Forum is conducted only as a service ... it is not meant to operate like "Customer Support".

 

So I kept looking and came across this from Blueberry software:

 

Free screen recorder - BB FlashBack Express

 

There are enough tips and support to get you started, and the screen-sizing is drag-n-drop to the section or area you want to film. Also there are options to record different file sizes. I think the free version only records in SWF(?) from memory, but files can be converted to AVI and Flash ... don't quote me - I may have this stuff mixed up. I do know that you can set the number of frames per second, and they make recommendations.

 

After doing a couple of test recordings, and checking the quality against the files sizes, I found that the most economical settings size-of-file-wise, gave perfect imaging on playback, and the sound was perfectly synchronised.

 

I created one file of 360MB, but most of the 56 recorded sessions were from 40MB upwards. I saved them onto a Seagate 1TB external HDD, and I have no problems playing them back for my own use. (I paid to attend the Webinar - so I felt I didn't want to lose the intellectual teaching I had received). All up I think I was able to record over 160 hours flawlessly.

 

I had to set the alarm clock to get the change of sessions, because the Webinar stopped when presenters changed chairs, and was a bit frazzled by the end of the week. I do have a valuable resource now, and no longer have to pay to attend a Boot Camp screening. The playback is like I am looking at the original presentation, for quality.

 

I would recommend BB over Camstudio.

 

Downside: BB free version expires after a month, but the paid version is much less expensive than Camtasia, and beautiful quality.

 

Pricing:

1) Free version

2) Standard Edition $89

3) Professional Edition $199

4) Other offers

 

I have no interest in this company - I make the recommendation as a previous happy user. But I think every trader should be using some kind of screen capture software to record what they did during a trade, for later feedback.

 

The mind lets us believe what we would like to believe, but you can't fool the camera!!

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Let's suppose you want to record your online event or trading session without attending or supervising the screen. How would you organize this job if you need to schedule a recording from (e.g.) 10:00 EST to 11:00 EST, save the AVI file and exit the software?

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Let's suppose you want to record your online event or trading session without attending or supervising the screen. How would you organize this job if you need to schedule a recording from (e.g.) 10:00 EST to 11:00 EST, save the AVI file and exit the software?

 

I would simply ask my wife to do it - she's a multi-tasking whiz! :cool:

 

In all seriousness, I can't answer that.

 

Does Camtasia offer this?

 

I do know that if I left the BB Flashback recording run, it would continue until the Webinar ceased, and then leave a box asking for me to save. When I returned I could do the saving and exiting. Problem is, I would need to be present to set it up exactly to frame the Webinar screen initially. These things have a habit of popping up in different sections of the screen, and the 'camera' may not be positioned to capture the screen correctly.

 

Another option is the Remote Desktop Control software:

 

Remote Desktop Control software to access remote PC via computer network or Internet

 

But circumstance might dictate the feasibility of this.

 

Do you have another suggestion?

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I would simply ask my wife to do it - she's a multi-tasking whiz! :cool:

 

In all seriousness, I can't answer that.

 

Does Camtasia offer this?

 

I do know that if I left the BB Flashback recording run, it would continue until the Webinar ceased, and then leave a box asking for me to save. When I returned I could do the saving and exiting. Problem is, I would need to be present to set it up exactly to frame the Webinar screen initially. These things have a habit of popping up in different sections of the screen, and the 'camera' may not be positioned to capture the screen correctly.

 

Another option is the Remote Desktop Control software:

 

Remote Desktop Control software to access remote PC via computer network or Internet

 

But circumstance might dictate the feasibility of this.

 

Do you have another suggestion?

 

Camtasia can't do that but there are these commands:

Camtasia Recorder command line switches and options for automation

 

"I do know that if I left the BB Flashback recording run, it would continue until the Webinar ceased, and then leave a box asking for me to save"

 

- Do you mean that BB Flashback is able to recognize the sound meter and stop the recording if no sound is played?

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Do you mean that BB Flashback is able to recognize the sound meter and stop the recording if no sound is played?

 

Sorry Roberto, I have given the wrong impression. :doh:

 

No, as far as I know there is no way BB can achieve anything like that. It is strictly hands-on only. But I think it may be possible to set it to record for a set time period and then stop.

 

I didn't get to far into the capabilities of the free version - I just wanted to record what I was watching, and then stopped it.

 

I did get up at 1am and again at 4am to stop and restart the recordings, to coincide with the advertised times of the presenters. Had I not intervened, the recording would have probably run until the memory was full (whatever level that is).

 

I mentioned that at the end of the 160 hr marathon trading gig, I was frazzled!

 

I was seriously sleep-deprived, but I did get a valuable record of how these traders think, and what the setups are that they look for.

 

FOOTNOTE: After all the trouble and personal fatigue I endured, I do not use the FxBoot Camp methods ... I found that I made much more headway using Daily Pivot Points and a couple of strategic Moving Averages, and a decent customised MACD setting. So the effort to record 160 hours of someone else's trading did not particularly create an enduring method of trading for me, and I don't really recommend Boot Camp personally. It is a very expensive way to fail!

 

But I did gain insight into the benefits of using a recording device to monitor trading activity.

:missy:

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Ok, thanks for the suggestion but... does it satisfy the requirements I've posted above?

 

You can reduce the quality of the video to make it take up less space.

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I posted a reply several weeks ago but it apparently did not make the cut. Let me strongly suggest you use Replay Video Capture from Applian software. I use this to record all streaming video, especially the webinars and classes I take. It's about $79 for the entire suite and the video is available immediately, it does NOT require rendering. Camtasia is fine for those who want to go through the learning curve and lengthy rendering process but the Applican product is the best I've found. It's cheap and it works great with NO rendering.

 

jwhtrades

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Let's suppose you want to record your online event or trading session without attending or supervising the screen. How would you organize this job if you need to schedule a recording from (e.g.) 10:00 EST to 11:00 EST, save the AVI file and exit the software?
You can use a desktop macro recorder to create a mouse click/key stroke marco that starts the session and screen capture recorder. I used one a few years ago that allowed you to schedule the macro's to run. I don't recall the name but google will get you going.

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Got a list of about 50+ screen recording software and tested out probably a good 5-10 of them.

 

Best one I found for my needs is BSR Screen Recorder. Supports multiple monitors, decent compression and file sizes, watermarking (e.g. dates, notes), fast and lightweight.

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Got a list of about 50+ screen recording software and tested out probably a good 5-10 of them.

 

Best one I found for my needs is BSR Screen Recorder. Supports multiple monitors, decent compression and file sizes, watermarking (e.g. dates, notes), fast and lightweight.

 

+1 I can personally vouch for this software. Camtasia is excellent also, but BSR produces instant videos, of exactly what was in the recorded area and is very straight-forward. Much cheaper also. And you can custom name the files (default is preset name and date/time stamp) and split the videos by MB size. No need to create 1 large file if you are recording for several hours. And this also reduces the need to split the avi file later. Easier to remove parts you don't need if you use smaller file sizes.

 

Now snag-it 11 (techsmith; makers of Camtasia) includes video recording, so not sure if you would want to give this a shot. Snag-it was/is the best screen shot application available IMO.

 

Speaking of recording, if you have access to a VPS, you can record "in the cloud" on a remote desktop unattended. You can do this from regular desktop also, but usually automated trading is done in the cloud for redundancy. [ame=http://www.youtube.com/watch?v=SoybUfW0VdY]This video shows how to set it up. It's a bit fast, but it explains how to use two users to keep RDC open in the cloud.[/ame]

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Interesting thread. I've been getting into tape reading the time and sales window and the DOM and was looking for a screen recorder that could capture a full session (7 hours) with the capability of slow motion replay. Most important is the slow motion replay. Do any of the products mentioned do slow motion? It's not always apparent from the product descriptions.

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Interesting thread. I've been getting into tape reading the time and sales window and the DOM and was looking for a screen recorder that could capture a full session (7 hours) with the capability of slow motion replay. Most important is the slow motion replay. Do any of the products mentioned do slow motion? It's not always apparent from the product descriptions.

 

you are referring to the PLAYBACK of the recording. Not the recording itself, which will be 12-29 fps. Depending on the codec you use (BSR uses Xvid by default which is universal), you use vlc player which you can adjust the playback speed of the video clip.

 

attachment.php?attachmentid=33588&stc=1&d=1356239905

 

Also, if you want to actually produce your own videos, you import the video into the production suite (Movie Lab, Camtasia Studio, etc) and you can speed up or slow down the video that way. This is more advanced and not necessary unless you are doing tutorials or how-to videos.

5aa7119456571_vlcadjustplaybackspeed.png.c5a10660097d4642abf6660f1a1f3e7a.png

5aa71194611fe_vlcadjustplaybackspeed2.png.2521f6bff48aebd086cf76c622a7a493.png

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you are referring to the PLAYBACK of the recording. Not the recording itself, which will be 12-29 fps. Depending on the codec you use (BSR uses Xvid by default which is universal), you use vlc player which you can adjust the playback speed of the video clip.

 

attachment.php?attachmentid=33588&stc=1&d=1356239905

 

Also, if you want to actually produce your own videos, you import the video into the production suite (Movie Lab, Camtasia Studio, etc) and you can speed up or slow down the video that way. This is more advanced and not necessary unless you are doing tutorials or how-to videos.

 

You are correct, I am referring to playback slow motion.

 

Will the recording speed of 12-29fps capture all of the time and sales data crossing the screen and changes on the DOM that you would see in real time? If not it wouldn't be worth doing.

 

Thanks for your feedback.

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You are correct, I am referring to playback slow motion.

 

Will the recording speed of 12-29fps capture all of the time and sales data crossing the screen and changes on the DOM that you would see in real time? If not it wouldn't be worth doing.

 

Thanks for your feedback.

 

Do you see in your chart, 12 tick changes in one second?

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You are correct, I am referring to playback slow motion.

 

Will the recording speed of 12-29fps capture all of the time and sales data crossing the screen and changes on the DOM that you would see in real time? If not it wouldn't be worth doing.

 

Thanks for your feedback.

 

The short answer is absolutely yes.

The default is 25-29fps (29 for NTSC and 25 for PAL). This is the same frame rate that your consumer camcorder (regular or HD) uses to record live video footage. I suppose you could increase the FPS if you really needed to....not sure what the maximum is. I think the default of 25-29 fps is PLENTY for any recording enthusiasts, unless you are doing some very specialized hollywood film or are trying to film lightning (1000fps to see the flash only (in slow motion), about 7000fps to see the lightning flash path from the sky to the ground, 100k+ fps for a meteorologist or ecologist to map an exact path at every turn.

 

Animation is usually done in 12 fps.

Do you see in your chart, 12 tick changes in one second?

 

I've never paid attention too much except when I am looking live during a news annoucement or volatile period. I've seen several changes per second at times, but never counted. 10 frames per second would give you 1 snapshot every 100ms. 20 would be 1 snapshot every 50ms. 30 would be 1 every 33.3 ms, etc. You may get 12 ticks of the same price in 1 second, but the chart wouldn't move. It is only when a change in price occurs there is movement. But how often does current bid/ask price change in one second? Even for the eMinis.

 

If you are using a broker or private datafeed subscription (e.g. eSignal) that is giving you true tick-by-tick datafeed, and you want to guarantee that you can see each individual tick price information, The best thing might be if you want to track historical changes is to open a separate 1 tick chart, time/sales, tape window, and/or DoM for each symbol that you want to record and compare it to your other compression charts you normally use for the SAME symbol and verify during heavy trading that the recording is picking up all of the movements.

 

To put it in perspective, Interactive Brokers sends "compressed" or summary ticks every 200-400ms or so, not true tick-by-tick data. It's free, much less likely to crash their data servers, and takes much less hard drive space to store, similar 60000ms (1 min) bars;)

 

I mostly use it on forex, and the majority of retail brokers tend to throttle their tick data to bypass metatrader and client internet limitations, but it is unnoticeable to most traders.

 

I think some people got thrown off with the fps thing. It's just like recording your monitor with a camcorder, but without having to buy camcorder.

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The short answer is absolutely yes.

The default is 25-29fps (29 for NTSC and 25 for PAL). This is the same frame rate that your consumer camcorder (regular or HD) uses to record live video footage. I suppose you could increase the FPS if you really needed to....not sure what the maximum is. I think the default of 25-29 fps is PLENTY for any recording enthusiasts, unless you are doing some very specialized hollywood film or are trying to film lightning (1000fps to see the flash only (in slow motion), about 7000fps to see the lightning flash path from the sky to the ground, 100k+ fps for a meteorologist or ecologist to map an exact path at every turn.

 

Animation is usually done in 12 fps.

 

 

I've never paid attention too much except when I am looking live during a news annoucement or volatile period. I've seen several changes per second at times, but never counted. 10 frames per second would give you 1 snapshot every 100ms. 20 would be 1 snapshot every 50ms. 30 would be 1 every 33.3 ms, etc. You may get 12 ticks of the same price in 1 second, but the chart wouldn't move. It is only when a change in price occurs there is movement. But how often does current bid/ask price change in one second? Even for the eMinis.

 

If you are using a broker or private datafeed subscription (e.g. eSignal) that is giving you true tick-by-tick datafeed, and you want to guarantee that you can see each individual tick price information, The best thing might be if you want to track historical changes is to open a separate 1 tick chart, time/sales, tape window, and/or DoM for each symbol that you want to record and compare it to your other compression charts you normally use for the SAME symbol and verify during heavy trading that the recording is picking up all of the movements.

 

To put it in perspective, Interactive Brokers sends "compressed" or summary ticks every 200-400ms or so, not true tick-by-tick data. It's free, much less likely to crash their data servers, and takes much less hard drive space to store, similar 60000ms (1 min) bars;)

 

I mostly use it on forex, and the majority of retail brokers tend to throttle their tick data to bypass metatrader and client internet limitations, but it is unnoticeable to most traders.

 

I think some people got thrown off with the fps thing. It's just like recording your monitor with a camcorder, but without having to buy camcorder.

 

I'm not really consciously tracking every tick change, just trying get a feel for which side is more eager. Large trades can pass through the time and sales window in a fraction of a second during active periods. I believe the subconscious can pick this up. In any case, I think the speed of recording you are talking about is fine for what I want.

 

Great information, thank you so much. Really helps!

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Pending Home Sales (USD, GMT 15:00) – Pending home sales experienced a minor decline at -2.2% in September after four consecutive months of contract activity growth/ For October we could further decline to -2.6%. Tuesday – 01 December 2020   RBA Rate Statement & Interest Rate (AUD, GMT 03:30) – In the last meeting, RBA stepped up stimulus to ensure recovery by announcing a package of measures designed to secure a rapid recovery from the crisis now that lockdowns have lifted. RBA’s Lowe also stated that he sees no appetite to go into negative rates. The central bank head send a pretty clear signal that the focus now has shifted to asset purchases, with no appetite at the central bank to move into negative rate territory. Consumer Price Index (EUR, GMT 10:00) – Preliminary November inflation expected to remain unchanged at -0.3% y/y in the final reading for September, unchanged from the preliminary release. Core inflation meanwhile declined to 0.2% y/y and while special factors are playing a role, officials clearly are increasingly concerned that the prolonged period of underinflation and now negative headline rates will prompt a more lasting shift in price expectations, which against the background of a sizeable output gap and rising unemployment lifts the risk of real deflation down the line. Gross Domestic Product (CAD, GMT 13:30) – Canada GDP results for the Q3 are seen to be slowing down, at a yearly rate of -39.6% compared to 38.7% last month. ISM Manufacturing PMI (USD, GMT 15:00) – US manufacturing PMI is expected to fall to 57.5 in November from a 2-year high of 59.3 in October. We’re seeing a modest November pull-back in available producer sentiment measures to still-elevated levels, as output is continuing to rise in the face of plunging inventories and rising sales, with limited headwinds from delayed stimulus and continued virus outbreaks. Fed’s Governor Powell testimony (USD, GMT 15:00) Wednesday – 02 December 2020   RBA’s Governor Lowe speech (AUD, GMT 00:00) Gross Domestic Product (AUD, GMT 00:30) – GDP is the economy’s most important figure. Q3 GDP is expected to confirm slowdown to -7.8% q/q and -7.2% y/y. Retail Sales (EUR, GMT 07:00) – German sales are anticipated to have fallen slightly to -0.8% in October, compared to -2.2% m/m in September. ADP Employment Change (USD, GMT 13:15) – The ADP Employment survey is seen at 500k for November compared to the 365K in October. Thursday – 03 December 2020   Trade Balance (AUD, GMT 00:30) – Australian retail trade is expected to see a strong decline in August, at -8.5% y/y from the downwards revision in June at -2.9% y/y. Retail Sales (EUR, GMT 10:00) – Retail Sales dropped -2.0% m/m in September, more than anticipated. It left the annual rate still at 2.2% y/y, indicating a pick up compared to the same months last year, but different sales season amid the pandemic distort the picture and the annual rate is actually down from 4.2% y/y in the previous month. ISM Service PMI (USD, GMT 15:00) – US Markit October services PMI was revised up to 56.9 in the final read versus 56.0 in the preliminary. It’s the best reading since April 2015 and is a third month in expansion. In November the ISM Service PMI is seen at 56.4. Friday – 04 December 2020   Retail Sales (AUD, GMT 00:30) – October’s Retail sales could be improved by 1.6%, following a -1.1% September loss. Non-Farm Payrolls (USD, GMT 13:30) – Expectations are for the headline number to be around 750k in November, after gains of 638k in October, 672k in September. The jobless rate should fall to 6.8% from 6.9% in October, versus a 14.7% peak in April. Average hourly earnings are assumed to rise 0.1% in November, with a headwind from further unwinds of the April distortion from the concentration of layoffs in low-wage categories slows. This translates to a y/y gain of 4.2%, down from 4.5%. We expect the payroll rebound to continue through year-end, though the climb is leaving a net drop for employment for 2020 overall. Employment Change & Unemployment Rate (CAD, GMT 13:30) – Canadian data coincides with the USA release today with dire expectations for a slight deduction in Unemployment to 8.8% from 8.9% last month and a rise from the 83.6 in October for employment, to 100k. 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.
    • Date : 27th November 2020.FX Update – November 27 – Sterling in FocusGBPUSD, H1Narrow ranges have been prevailing in risk-cautious trading. The USDIndex settled around the 92.00 level, above yesterday’s 12-week low at 91.84. EURUSD remained buoyant but off from the 12-day peak seen yesterday at 1.1942. Cable also held within its Thursday range. USDJPY ebbed to a four-day low at 103.91. The Yen was concurrently steady versus the Euro and the Pound, but posted respective two- and four-day lows against the Australian and Canadian Dollars. AUDUSD ticked fractionally higher, which was still sufficient to lift the pair into 12-week high terrain above 0.7380. NZDUSD posted a new 29-month peak at 0.7030. USDCAD remained heavy but just above recent 17-day lows. Bitcoin, which performed strongly this year on the back of dollar liquidity, found a toehold, but remained over 12% down on its recent highs.US markets will reopen after yesterday’s Thanksgiving holiday, but market conditions will remain on the thin side. President Trump said that he will leave the White House if the Electoral College votes for Biden, which may be as close to formally conceding the election as he will go. A sharp focus remains on EU and UK talks, with a face-to-face round reportedly taking place in London over the weekend. There are now reports that the EU parliament might convene as late as December 28 to ratify a deal, if necessary.The spectre of a no-deal hangs over proceedings, though the consensus, as judged by the ongoing stability of the Pound, remains for a narrow deal to be reached.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. Stuart Cowell Head 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.
    • Date : 26th November 2020.Brexit endgame remains in sharp focus!The USD has remained soft in quiet conditions, while global asset markets have seen little direction. The US Thanksgiving holiday has quelled activity. Europe’s Stoxx 600 traded near flat. Most stock markets in Asia gained, though remained off recent highs. The MSCI World Index is also off its highs, but remained buoyant and on course for a record monthly increase this month. Copper posted a new near 7-year high, and while other base metal prices were also underpinned most remained off recent trend highs. Oil prices saw modest declines after recent gains, which culminated in a nine-month high yesterday.The Brexit endgame remains in sharp focus!Sterling has seen limited direction, continuing to hold gains from month-ago levels of around 1.5% to 2.5% versus the Dollar, Euro and Yen. There is still no breakthrough in down-to-the-wire negotiations between the EU and UK, and there are lots of warnings of border chaos and, from external BoE MPC member Saunders, of long-lasting economic consequences in the event of a no deal exit from the common market.European Commission president von der Leyen said “we are ready to be creative” to get a deal while repeating that “we are not ready to put into question the integrity of the single market.” An Irish government member said that a deal was “imperative” for everyone.The steadiness in the Pound, the principal conduit of financial market Brexit sentiment, reveals that investors remain unperturbed. One explanation is the real money participants are sitting on their collective hands, positioning for an expected deal but waiting on concrete developments and details, while maintaining vigilance on the possibility of there being a no deal by accident.Short-term speculative participants, meanwhile, don’t seem to have had a fruitful time in trying to play the fatiguing myriad news headlines and endless deadlines that have come and gone. The latest and supposedly final deadline, is next Tuesday — December 1 — which leaves just one month for a deal to be ratified on both sides of the Channel. We expect to a deal to materialize at the last minute, just as the withdrawal agreement was seemingly pulled out of the hat at the ultimate minute a year ago. There may even be a fudged extension.Pressure on the UK government is intense. US president-elect Biden warned London that the scope for a deal with the US would be compromised if there is a return of a hard border on Ireland — which is what could happen in a no-deal scenario (the UK government would have the choice between maintaining a free-flowing border on Ireland at the price of breaking up the border integrity of the UK, and possible protests and even violence from loyalists, or breaking the EU withdrawal agreement, which would result in a hard Irish land border).A leaked Whitehall document warns of a “perfect storm” of chaos in the event of a no-deal in the Covid-19 era. There are also pressures on the other side of the Channel to reach an accord. While French President Macron has political incentive to put up a show of fighting over fishing rights, he is not likely to carry through on his threat to veto any deal as other key EU states don’t see the UK’s position on fishing as being unreasonable. France and other nations, and the UK, also need to maintain good relations for security and many other practical reasons.As for the market impact of a deal, much will depend on how narrow the deal is. The narrower it is, the bigger the negative impact on both the UK and EU’s terms of trade positions will be on January 1, particularly the UK’s.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.
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