Jump to content

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.

gandalf33

Recommendations for Videotaping Software

Recommended Posts

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?

Share this post


Link to post
Share on other sites
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

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites
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!!

Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites
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?

Share this post


Link to post
Share on other sites
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?

Share this post


Link to post
Share on other sites
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:

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
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]

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
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

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites
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?

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites
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!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • BITCOIN PRICE ANALYSIS: COULD CBDCS BE THE END OF BITCOIN? Ever since Facebook publicized its plans to develop a digital currency called Libra, central banks across the globe have tried to counter it with their cryptocurrency. While Facebook’s Libra has come under heavy scrutiny and regulatory obstacles, more than 80% of the world’s central banks are working assiduously to develop a central bank digital currency (CBDC). Meanwhile, the foundational basis of a CBDC is fundamentally disparate to what Bitcoin (BTC) is about. That said, the cryptocurrency community has begun speculating what the effect of a government-issued digital currency would have on the benchmark cryptocurrency. Below are some of the possible outcomes of CBDCs on Bitcoin: Plot A The common expectation is that CBDCs will be bad for Bitcoin and the crypto industry at large, considering that world governments will place their weight behind CBDCs giving it a higher adoption rate compared to BTC. Plot B The next popular opinion is that CBDCs could give Bitcoin better widespread use and adoption, as it could spark heightened interest in digital currencies. Plot C Assuming that Plot A comes into fruition, there would be no use for Bitcoin as a peer-to-peer payment system. However, this doesn’t mean BTC becomes useless, instead, it becomes an excellent store of value. BTCUSD -4-Hour Chart Key BTC Levels to Watch in the Near-Term Bitcoin, against popular belief, doesn’t seem to be slowing down any time soon. The cryptocurrency just recorded a new YTD high at $13,357 in the past 24 hours. BTC has been trading within a consolidation range between $13,300 and $12,895 for the past four days, as traders expect a fresh bull wave. That said, as long as Bitcoin maintains its stance above the $12,895 support, we could see a fresh bull wave in the coming days. A sustained fall below the aforementioned support could trigger an extended retracement for the cryptocurrency. Total market capital: $395.4 billion Bitcoin market capital: $241 billion Bitcoin dominance: 61% Source: https://learn2.trade 
    • ETHEREUM (ETH) PRICE ANALYSIS: ETH FACES REJECTION AT $420, FLUCTUATES BETWEEN LEVELS $400 AND $420 Key Highlights Ethereum battles resistance at level $420 high The coin is likely to reach another high of $434 Ethereum (ETH) Current Statistics The current price: $415.57 Market Capitalization: $47,020,287,242 Trading Volume: $12,506,980,622 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 25, 2020 Following the breaking of the $395 overhead resistance, Ethereum resumed upside momentum. However, the coin rallied to a high of $420 and was resisted. Since October 22, the upward move has been resisted as the coin resumed a sideways trend below the resistance. On the upside, if the price breaks the current resistance, the coin will resume the uptrend. However, Ether will face another resistance at $440. The coin will rally to $480 if the current resistance is broken. ETH/USD – Daily Chart ETH Technical Indicators Reading The 21-day and 50-day SMAs are sloping upward indicating the uptrend. Ether has risen to level 65 of the Relative Strength Index period 14. It indicates that the market is in the bullish trend zone. The coin is approaching the resistance line of the ascending channel. A break above it will push the coin upward. ETH/USD – Daily Chart Conclusion Ethereum will rise after breaking the resistance at $420. The Fibonacci tool analysis has indicated an upward move to level 1.618 Fibonacci extensions. The market will reach another high of $434.55. Source: https://learn2.trade 
    • Date : 23rd October 2020.Dollar Dips as Equities escalate.EURUSD, H1 The Dollar fell back concomitantly with rallying European stock markets and US index futures, which was likely a repositioning dynamic after declining over the last two weeks.EURUSD rebounded quite strongly, rising back above 1.1850 from a three-day low at 1.1787. Preliminary October PMI data in the services and composite readings out of the Eurozone and UK undershot the median forecast of economists, but didn’t impact the Euro or Sterling. Technically, the H1 chart has moved over the 50-hour moving average (1.1835) to test R1 at 1.1852; above here is Wednesday’s high and R2 at 1.1885. Today’s pivot point is next support at 1.1830, below the 50-hour moving average. The MACD histogram has broken the zero line and the signal is starting to rise, although still south of the zero line, RSI is positive and trades at 64.50, Stochastics are moving into the OB zone.Cable settled at near net unchanged levels around 1.3090-95 after dropping back from a high at 1.3124. The UK currency remains comfortably up on week-ago and month-ago levels against the Dollar and Euro, and others, with market participants anticipating a limited trade deal between the EU and UK. The two sides are amid intensive face-to-face discussions. The UK and Japan today signed the trade deal that was agreed in principle a month ago.USDJPY is modestly softer after upside forays over the last day stalled at 104.93-95. At levels around 104.70, the pair remains down by 1% on the high seen on Wednesday. AUDUSD rallied to an eight-day high at 0.7158, floated by higher stock markets in Europe and an above-forecast composite PMI reading out of Australia. Global asset markets are likely to remain skittish, notwithstanding the rally today, with investors pondering the uncertainties presented by the surge in Covid cases in Europe and elsewhere, including now in many US states and in Canada, and which are leading to ever more restrictive countermeasures. The ongoing delay in new US fiscal stimulus and the event risk posed by the upcoming US elections are also in the mix. Regarding the elections, polls point to a Biden presidency, but it is less clear if his Democratic party can take control of the Senate. If not, then Congress will remain split at least until the mid-term elections in two years, which will limit the scope for policy changes and crimp Democrat ambitions for expansive fiscal policy.US data later is topped by flash PMI data, Manufacturing numbers are expected to show a slight rise to 53.5 from 53.2 last time, whilst the more important and significant Services numbers are expected to increase by a single tick from 54.6 to 54.7. The data is due at 13:45 GMT.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.
    • Good examples, near the top, for those who are time and attn. challenged https://www.thedailybell.com/all-articles/news-analysis/how-the-elite-use-attila-and-the-witch-doctor-to-keep-power/ Grasp alternatives https://tomluongo.me/2020/10/20/about-two-years-anarchy-capitalism/  
    • Date : 22nd October 2020.Volatility and US elections.US Elections had been and always expected to be an event historically extremely volatile globally. Elections similar to other political or banking sector events are notably treated by market participants with anticipation and speculation. As discussed in our HF Markets Q4 Outlook, markets look to have already pricing in the possibility of Biden’s victory even though they overall maintain an increasing cautious optimism, holding US Dollar basket to 2018 low territory.Election-year fund flows, 1993-2020Historically, it has been noticed that during election years, market participants due to the heightened uncertainty, shift their investments into Money market funds instead from the safety of stock and bond funds, AS THEY waiting out. The 2020 is not any different but it’s been a unique one as we have seen an extreme money flow into currency assets in comparison with past election years, due the sluggish US and worldwide economic activity as the Covid-19 crisis resumes, the truce with China again which is under scrutiny, the lockdowns in several areas, the lack of additional fiscal stimulus from central bankers, Brexit frictions and the fear of double dip recession in Europe.Year-to-date fund flows, through June 30Source: BlackRock, with data from Morningstar as of June 30, 2020. Money market funds, stock funds and bond funds are represented by their respective US fund categories as defined by Morningstar.That said, cash balance into money funds spike to $980 in 2020 as of June 30, given the large risk premia. However as soon as uncertainty recedes we might see equity market’s volatility and volume to spike again since they consider to be attractive and more stable assets in period which there are historically low interest rates. If we emphasize on the medium term thought it is expected that if current conditions sustained, market volatility will extend beyond Election days with any potential outcome, i.e. a Biden win and Democrat majority in Congress, a Biden win but split Congress, or a Trump victory with split Congress.Meanwhile, a very chart from Wells Fargo Investment Institute, shows the USA500 implied Volatility index along with USA500 index performance prior and post the Election Day based on the election since 1988 with 2008 recession year excluded. This chart interestingly suggest that typically the USA500 tends to eased/consolidate a bit a month prior elections despite a extremely high volatility, while USA500 price continue their upwards move after the election day even though volatility declines significantly.WELLS FARGO INVESTMENT INSTITUTEAlways 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.  
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.