Tuesday, April 05, 2016

CFDs Education

FTSE 100: Expected to gap higher given crude oil higher + Stronger Chinese data $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/04/06/ftse-100-expected-to-gap-higher-given-crude-oil-higher-stronger-chinese-data-ftse-ftse-ftse100/

CFDs Education

S&P 500: Bullish momentum to continue as support holds at 2048 given stronger ISM data $SPY $SPX #ES_F $ES_F

www.cfdstrader.wordpress.com/2016/04/05/sp-500-bullish-momentum-to-continue-as-support-holds-at-2048-given-stronger-ism-data-spy-spx-es_f-es_f/

CFDs Education

S&P 500: Support seen at 2051,2048, 2044. $SPY $SPX #ES_F $ES_F

www.cfdstrader.wordpress.com/2016/04/05/sp-500-support-seen-at-20512048-2044-spy-spx-es_f-es_f/

CFDs Education

DAX, CAC & Eurostoxx 50 pummeled by weaker EU data whilst FTSE down due to oil weakness

www.cfdstrader.wordpress.com/2016/04/05/dax-cac-eurostoxx-50-pummeled-by-weaker-eu-data-whilst-ftse-down-due-to-oil-weakness/

CFDs Education

FTSE 100: Support at 6080 expected to hold $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/04/05/ftse-100-support-at-6080-expected-to-hold-ftse-ftse-ftse100/

CFDs Education

FTSE 100: Stronger UK markit/CIPS data should keep 6080 support. $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/04/05/ftse-100-stronger-uk-markitcips-data-should-keep-6080-support-ftse-ftse-ftse100/

Monday, April 04, 2016

CFDs Education

FTSE 100 helped by Russian comments, Whilst DAX, CAC helped by EUR/USD below 1.14

www.cfdstrader.wordpress.com/2016/04/04/ftse-100-helped-by-russian-comments-whilst-dax-cac-helped-by-eurusd-below-1-14/

CFDs Education

EUR/USD: Potential H&S reversal pending..target 1.1240 given weaker inflation #EUR #EURO #FOREX

www.cfdstrader.wordpress.com/2016/04/04/eurusd-potential-hs-reversal-pending-target-1-1240-given-weaker-inflation-eur-euro-forex/

CFDs Education

FTSE 100: bearish H&S set up in play $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/04/04/ftse-100-bearish-hs-set-up-in-play-ftse-ftse-ftse100/

CFDs Education

EUR/USD: Has the EUR/USD topped out after Fridays NFP? #EUR #EURO #FOREX $EURUSD #EURUSD

www.cfdstrader.wordpress.com/2016/04/04/eurusd-has-the-eurusd-topped-out-after-fridays-nfp-eur-euro-forex-eurusd-eurusd/

CFDs Education

Dax: Fails to embrace the enthusiasm of its US peers #DAX $DAX $FDAX

www.cfdstrader.wordpress.com/2016/04/04/dax-fails-to-embrace-the-enthusiasm-of-its-us-peers-dax-dax-fdax/

Thursday, March 31, 2016

CFDs Education

FTSE 100: Expected to gap lower to 6130 due to weaker Japanese tankan survey $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/04/01/ftse-100-expected-to-gap-lower-to-6130-due-to-weaker-japanese-tankan-survey-ftse-ftse-ftse100/

CFDs Education

S&P 500: Mind the gap ? $SPY $SPX #ES_F $ES_F

www.cfdstrader.wordpress.com/2016/03/31/sp-500-mind-the-gap-spy-spx-es_f-es_f/

CFDs Education

Dax: Reversal pending given stronger EURO hurting exports . Unfilled gaps below #DAX $DAX $FDAX

www.cfdstrader.wordpress.com/2016/03/31/dax-reversal-pending-given-stronger-euro-hurting-exports-unfilled-gaps-below-dax-dax-fdax/

CFDs Education

Will the Chinese debt downgrade trigger a reversal in the S&P 500?

www.cfdstrader.wordpress.com/2016/03/31/will-the-chinese-debt-downgrade-trigger-a-reversal-in-the-sp-500/

CFDs Education

Russell 2000: bearish set up in play from the US open due to Chinese debt concerns #Russell $IWM

www.cfdstrader.wordpress.com/2016/03/31/russell-2000-bearish-set-up-in-play-from-the-us-open-due-to-chinese-debt-concerns-russell-iwm/

CFDs Education

FTSE 100: Fails to hold onto Yellen rally gains. Support seen at 6160 $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/03/31/ftse-100-fails-to-hold-onto-yellen-rally-gains-support-seen-at-6160-ftse-ftse-ftse100/

Wednesday, March 30, 2016

CFDs Education

Eurostoxx 50: H&S bearish set up given higher inflation in Germany sent EUR/USD > 1.13

www.cfdstrader.wordpress.com/2016/03/30/eurostoxx-50-hs-bearish-set-up-given-higher-inflation-in-germany-sent-eurusd-1-13/

CFDs Education

US Crude Oil: H&S formation after todays sharp reversal post crude data #OIL #CRUDE #CL_F #USO

www.cfdstrader.wordpress.com/2016/03/30/us-crude-oil-hs-formation-after-todays-sharp-reversal-post-crude-data-oil-crude-cl_f-uso/

CFDs Education

FTSE 100: negates Thurs bearish candle led by retail concerns $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/03/30/ftse-100-negates-thurs-bearish-candle-led-by-retail-concerns-ftse-ftse-ftse100/

CFDs Education

EUR/USD: Can the EUR/USD break past 1.1340-70? #EUR #EURO #FOREX $EURUSD #EURUSD

www.cfdstrader.wordpress.com/2016/03/30/eurusd-can-the-eurusd-break-past-1-1340-70-eur-euro-forex-eurusd-eurusd/

CFDs Education

NZD/USD: Break out triggered by Yellen #NZD #FOREX $NZDUSD #NZDUSD

www.cfdstrader.wordpress.com/2016/03/30/nzdusd-break-out-triggered-by-yellen-nzd-forex-nzdusd-nzdusd/

Sunday, March 27, 2016

Saturday, March 19, 2016

Sunday, March 13, 2016

CFDs Education

US Dollar: Holding support #Dollar #forex $UUP #DXY $DX_F

www.cfdstrader.wordpress.com/2016/03/14/us-dollar-holding-support-dollar-forex-uup-dxy-dx_f/

CFDs Education

US Crude Oil: Into key resistance at $39, bearish candle #OIL #CRUDE #CL_F #USO

www.cfdstrader.wordpress.com/2016/03/14/us-crude-oil-into-key-resistance-at-39-bearish-candle-oil-crude-cl_f-uso/

CFDs Education

German #Bunds: Remain bearish as Draghi signals end to rate cuts, H&S formation pending

www.cfdstrader.wordpress.com/2016/03/14/german-bunds-remain-bearish-as-draghi-signals-end-to-rate-cuts-hs-formation-pending/

CFDs Education

Dax: Topping tail expected to hold as Merkel loses political power + EUR/USD > 1.11 #DAX $DAX $FDAX

www.cfdstrader.wordpress.com/2016/03/14/dax-topping-tail-expected-to-hold-as-merkel-loses-political-power-eurusd-1-11-dax-dax-fdax/

CFDs Education

FTSE 100: Expected to feel pressure of weaker Chinese data + Oil weakness as Iran not on board $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/03/14/ftse-100-expected-to-feel-pressure-of-weaker-chinese-data-oil-weakness-as-iran-not-on-board-ftse-ftse-ftse100/

CFDs Education

FTSE 100 inside bar, Dax expected to see weakness on Merkel election loss + stronger EURO

www.cfdstrader.wordpress.com/2016/03/13/ftse-100-inside-bar-dax-expected-to-see-weakness-on-merkel-election-loss-stronger-euro/

Saturday, March 12, 2016

CFDs Education

German #Bunds: Remains weak post Draghi as he signals an end to rate cuts, watch the H&S formation

www.cfdstrader.wordpress.com/2016/03/13/german-bunds-remains-weak-post-draghi-as-he-signals-an-end-to-rate-cuts-watch-the-hs-formation/

CFDs Education

Nikkei 225: Remains bearish as no additional stimulus seen to drive the index higher? #Neikkieindex #Nikkei

www.cfdstrader.wordpress.com/2016/03/12/nikkei-225-remains-bearish-as-no-additional-stimulus-seen-to-drive-the-index-higher-neikkieindex-nikkei/

CFDs Education

yuan into resistance = RISK OFF for equities #shanghaicomposite #XAUCNY #CNY

www.cfdstrader.wordpress.com/2016/03/13/yuan-into-resistance-risk-off-for-equities-shanghaicomposite-xaucny-cny/

CFDs Education

Shanghai Index: Mixed message here, Weaker data vs scope for additional stimulus? #shanghaicomposite #XAUCNY #CNY

www.cfdstrader.wordpress.com/2016/03/12/shanghai-index-mixed-message-here-weaker-data-vs-scope-for-additional-stimulus-shanghaicomposite-xaucny-cny/

CFDs Education

Emerging markets: Slam into resistance whilst world index approaching resistance $EEM #EEM

www.cfdstrader.wordpress.com/2016/03/12/emerging-markets-slam-into-resistance-whilst-world-index-approaching-resistance-eem-eem/

CFDs Education

S&P 500: Very bullish price action but now into 200 MA resistance $SPY $SPX #ES_F $ES_F

www.cfdstrader.wordpress.com/2016/03/12/sp-500-very-bullish-price-action-but-now-into-200-ma-resistance-spy-spx-es_f-es_f/

CFDs Education

Russell 2000: Into Fib 75% retrace resistance, Weekly chart indicates resistance. #Russell $IWM

www.cfdstrader.wordpress.com/2016/03/12/russell-2000-into-fib-75-retrace-resistance-weekly-chart-indicates-resistance-russell-iwm/

Wednesday, March 09, 2016

Tuesday, March 08, 2016

CFDs Education

US Crude Oil: Bearish set up pending. Bearish engulfing candle registered #OIL #CRUDE #CL_F #USO

www.cfdstrader.wordpress.com/2016/03/08/us-crude-oil-bearish-set-up-pending-bearish-engulfing-candle-registered-oil-crude-cl_f-uso/

CFDs Education

US Crude Oil: Bearish crude set up pending. Bearish engulfing candle registered #OIL #CRUDE #CL_F #USO

www.cfdstrader.wordpress.com/2016/03/08/us-crude-oil-bearish-crude-set-up-pending-bearish-engulfing-candle-registered-oil-crude-cl_f-uso/

CFDs Education

US Crude Oil: Can it move higher even with Chinese exports lower? #OIL #CRUDE #CL_F #USO

www.cfdstrader.wordpress.com/2016/03/08/us-crude-oil-can-it-move-higher-even-with-chinese-exports-lower-oil-crude-cl_f-uso/

CFDs Education

FTSE 100: I still maintain my bearish stance on $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/03/08/ftse-100-i-still-maintain-my-bearish-stance-on-ftse-ftse-ftse100/

CFDs Education

FTSE 100: All eyes on the H&S formation $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/03/08/ftse-100-all-eyes-on-the-hs-formation-ftse-ftse-ftse100/

Monday, March 07, 2016

CFDs Education

FTSE 100: Opens 40 points lower due to Chinese exports/imports lower $FTSE #FTSE #FTSE100

www.cfdstrader.wordpress.com/2016/03/08/ftse-100-opens-40-points-lower-due-to-chinese-exportsimports-lower-ftse-ftse-ftse100/

CFDs Education

S&P 500: Bearish set up in play . H&S formation $SPY $SPX #ES_F $ES_F

www.cfdstrader.wordpress.com/2016/03/07/sp-500-bearish-set-up-in-play-hs-formation-spy-spx-es_f-es_f/

CFDs Education

FTSE 100 kept alive as Oil hits $38, Whilst DAX weaker due to factory orders slump

www.cfdstrader.wordpress.com/2016/03/07/ftse-100-kept-alive-as-oil-hits-38-whilst-dax-weaker-due-to-factory-orders-slump/

CFDs Education

US Crude Oil: Has IHS target of $40.3 BUT will it reach ? #OIL #CRUDE #CL_F #USO

www.cfdstrader.wordpress.com/2016/03/07/us-crude-oil-has-ihs-target-of-40-3-but-will-it-reach-oil-crude-cl_f-uso/

CFDs Education

S&P 500: Still has unfilled gap at 2017 $SPY $SPX #ES_F $ES_F

www.cfdstrader.wordpress.com/2016/03/07/sp-500-still-has-unfilled-gap-at-2017-spy-spx-es_f-es_f/

Saturday, March 05, 2016

Friday, March 04, 2016

Wednesday, March 02, 2016

Wednesday, January 21, 2015

The fallout from last week's shock decision by the Swiss National Bank's (SNB) decision to abandon the franc's euro peg continues. 

UK Interdealer broker IG Groupconfirmed it had lost £30 million after the currency shot up by as much as 41% on 15 January following the removal of the peg. 

In a statement to the stockmarket, IG said the loss was split by £12 million of market exposure and £18 million of client exposure, which was held by 327 clients. 

Chief executive Tim Howkins said: 'While this [loss] was due to an unprecedented and unforeseeable degree of movement in a major global currency and only a few hundred clients were affected, we will seek to learn lessons from this incident which we can incorporate into our risk management approach going forward.' 

At the Swiss epicentre private bank Lombard Odier said it will effectively start charging people to hold cash by employing negative interest rates on balances of CHF100,000. This will accommodate the SNB's decision to cut in rates from -0.25% to -0.75%, which accompanied the franc announcement. 

'The resulting negative rate will represent the cost of ensuring maximum liquidity and security at a time of heightened market volatility,' the bank told the Financial Times.

Meanwhile Credit Suisse said it was unclear what total impact the peg removal would have on profit, saying this would be dependent on where the franc goes from here, while private bank EFG said earnings would be hit by 10%. 

There had also been concern over Europe's largest retail forex trader, Saxo Bank, until it said earlier this week it was able to meet regulatory capital requirements. However, it indicated a number of clients had 'insufficient margin collateral' to cover their franc losses, which will result in some shortfall for the bank. 

Meanwhile UBS downgraded its rating on Swiss stocks from overweight to neutral, warning the country's equities were facing profit falls of between 5 and 7% following the rapid appreciation of the franc. 

The shock has already claimed the life of hedge $830 million Miami-based hedge fund Everest Capital, while UK-based forex trader Alpari has hired KPMG to find a buyer after suffering huge losses

Alpari's US counterpart FXCM crashed by 90% on the day the peg was removed and needed a $300 million capital injection from parent Leucadia to survive.    

Aite Group wealth management senior analyst Javier Paz indicated there could be many more casualties, saying the full impact of the decision could take months to unravel. He likened the scenario to a nuclear explosion. 

In an email seen by Bloomberg Paz said: '[The removal of the peg] is closer to a nuclear explosion than a 1,000-kilogram conventional bond…The aftermath is like a black hole that can suck massive amounts of credit from currency trading as we have known it.' 

Paz was also quoted in the Financial Times, where he suggested regulators may need to be stricter in the way they police the forex market. 'The retailer brokers are a huge part of what makes  the markets go round in London but they can't be let loose indiscriminately,' he said. 

'The UK regulator will have to err on the side of caution. The reputation of the City is at stake.'

Tuesday, January 20, 2015

SPREADBETTING customers should reassess the risks they are taking with highly leveraged currency bets, in the wake of Alpari's collapse on the Swiss franc swings, rival firms said yesterday.

"Customers have to think about the risk disclosures, there is a risk associated with trading currencies. We try to educate the customer," said Oanda's Vatsa Narasimha.

"We offer 50-to-one leverage, which is the limit in the US."

By contrast, Alpari offered as much as 500-to-one.

"In recent years we have had requests from potential clients that wanted to build up large euro-to-Swiss-franc positions on very low margins but we rejected this business as being too risky for the client and too risky for ourselves," said Peter Cruddas, of CMC Markets.

"Regulators want financial markets that are sound, stable and resilient but there was little they could have done given the Swiss National Bank's timing and conduct in making their announcement.

City veteran David Buik said the crash shows traders have short memories: "One could be forgiven for feeling that markets have failed to learn from the fall-out in 2008."