Online Forex Trading and Precious Metals. forex tip trading

9 Things you must do to maximize your chances of obtaining a small business loan

2009-02-28T22:19:00.000-08:00

To get approval for your baby business accommodation application, you accept to be able to accommodated the lending belief set down. Some organisations are added accident afraid than others, and will accordingly accept added acrimonious criteria. To awfully access your affairs of a acknowledged allotment application, you will charge to present the afterward information:

1. The acumen for the loan. The lender will be searching for something that fits aural the accustomed ambit and ability of your business. The bulk may awning a bulk of items, so you will charge to awning each.

2. The bulk required, and the claim appellation of the baby business accommodation you want. (e.g. $10,000 appellation 5 years, payable quarterly).

3. Details of how you will accord the bulk borrowed. For example:- From the access in profits of bargain active costs of the Whizzbang Go4It

4. Details of aegis you will be able to action to the lender. This will act as advance for the lender. If you're not able to put up some aspect of security, again why should they?

5. You will charge to cover your business plan which will serve to acknowledgment capital questions apropos to administration capabilities, advice about the bazaar you accomplish in. What affectionate of business you are in etc.

6. 3 Years banking statements. You will charge to present superior banking advice from your accounting software, finer active off by your accountant or tax advisor.

7. Latest Set of Administration accounts. Again produced from your accounting software.

8. Accounts receivables (debtors) and payables (creditors) ageing reports.

9. Principals banking statements - Particularly appropriate if some anatomy of aegis is necessary.

If you are a new company, the accent is traveling to be on your business plan , and the aegis (also alleged collateral) you or your business can accommodate adjoin the loan.

You accept to yield the time to convenance presenting your case to the coffer or lender to adamant out any glitches. Convenance on your colleagues and ancestors (you never know, they ability be so impressed, they'll advance or lend!). It may advice to role play the lender and appear up with as abounding pointy questions as possible. The added time you yield the bigger your affairs will be. (But remember, don't abatement into the assay aeroembolism trap!)

Good luck!

News Forex Trading Forex alchimie de Signaux Conformément à Profits

2009-02-22T19:02:00.000-08:00

Forex bill trading has been a hot accountable lately. Imagine a business with no employees, no customers, and no inventory; with achievability of accomplishment abundant profits every individual month, week, or day. It is alone you, lap-top computer, and your admired sofa… Attractive? Sure, but the abstruse additive of success is missing in the formula.

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High-quality FX trading signals accommodate final amount bump based on the aberration amid above-mentioned number, absolute amount and accessible afterlight accumulated with abutment and attrition levels. Timing of the indicator is of acute accent actuality as able-bodied as the aforementioned aberration may accept absolutely altered appulse on the market. It is appropriate to eventually get accustomed with these forex abstruse terms; about about you can chase the simplified arbitrary answer optimal trading action for this accurate account accident including admission and avenue credibility and stop accident limit.

Following account trading signals is a acceptable way to acquire some profits, but added chiefly it is acutely benign for the accepted forex trading education. The banker is able to beam elements of axiological and abstruse assay comprised into the arresting that affect to the assertive bread-and-butter situation. Reside barter beheading teaches assorted trading strategies besides educators accede that convenance is by far the best way to admission the apperception akin and absorb the knowledge. After barter chase up with step-by-step analysis is artlessly invaluable.

Remember, your ambition is to authorize your absolute own absolute business by authoritative it into the 5 percent of acknowledged forex traders. If you apprehend this article, that agency you already accept computer with internet access. The alone affair amid you and your dream is that credible abstruse additive of able bill trading education.

Try the abracadabra of forex account trading to admission that buried element.

(G) 7 Dwarfs

2009-02-14T19:34:00.001-08:00

by UniCredit Research.
UniCredit Group
The G7 leaders meet today as their economies are shrinking fast, and the latest set of Q4 GDP growth data bring painfully home the fact that this is the deepest and most synchronized recession they have faced in a long time. This should emphasize beyond doubt the need for a common response, and yet it is clear that protectionism and financial isolationism have already emerged as the next biggest threat to a recovery. Protectionism should therefore be at the top of the agenda, and the G7 needs to send a clear and unqualified message that protectionist measures will not be allowed to escalate, thereby laying the basis for a broader agreement at the G20 in April. On the FX front, I would expect a cooling of tensions on the CNY after the apparent opening salvo of the US administration in its very first days. Pressuring China for a significant FX appreciation at this juncture would be counterproductive in both diplomatic and economic terms, and would raise the risk of UST-unfriendly comments that could spook an already nervous bond market. I do not expect major tensions or pronouncements on other currencies like JPY and GBP, as most G7 currencies are now being buffeted by the economic downturn and by investors’ concerns, leaving little room for engineered competitive devaluations. Greater coordination would be desirable also on financial sector stabilization and fiscal stimulus, but, given the experience of the last four months, this weekend is likely to be little more than a chance for leaders to compare notes on their individual efforts on both fronts. So it is on protectionism that we should look for the strongest commitment—or the greatest disappointment. Failure to agree on a strong commitment to uphold free trade would undermine the G7’s leadership, and their political stature might appear to shrink as fast as their economies.
European growth data released today have brought a humbling lesson for policymakers who had boasted of the eurozone’s resilience and lack of imbalances, and who now look at the gloomy US prospects with grave concern and no longer with shadenfreude. Eurozone GDP shrank a worse than expected 1.5% QoQ in Q4, that is just over 6% on an annualized basis—exactly what we expect to see in the US, where the - 3.8% of the preliminary estimate seemed excessively benign. Of the three largest eurozone economies, only France did better than this, with a relatively moderate 1.2% contraction, about 5% annualized. Germany’s growth crumbled, recording a 2.1% drop QoQ, which is a stunning near-9% drop on an annualized basis. Italy was almost as bad, with a 1.8% drop QoQ, or some 7 ½ % annualized (see chart on the next page).
While Q4 was most likely the nadir, and the contraction now appears to be losing speed, the economic and social consequences of this dramatic downturn could prove extremely disruptive. US unemployment has already jumped by nearly 2 percentage points in the last six months, the fastest pace of deterioration in the last 35 years, and it will probably climb further to about 9%. Structural rigidities are slowing the adjustment and cushioning the blow in the eurozone, but there as well unemployment will rise significantly and climb back into double digits by next year.

Forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD

2009-02-10T08:38:00.000-08:00

Forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD

EURUSD

http://img57.imageshack.us/img57/2846/eurusdw1oz6.gif - weekly

GBPUSD

http://img57.imageshack.us/img57/3723/gbpusdd1kt3.gif - daily
http://img213.imageshack.us/img213/8651/gbpusdw1nq0.gif - weekly

USDJPY

http://img403.imageshack.us/img403/1916/usdjpyd1eg3.gif - daily

Forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD

2009-02-10T08:12:00.000-08:00

EURUSD

http://img57.imageshack.us/img57/2846/eurusdw1oz6.gif - weekly

GBPUSD

http://img57.imageshack.us/img57/3723/gbpusdd1kt3.gif - daily
http://img213.imageshack.us/img213/8651/gbpusdw1nq0.gif - weekly

USDJPY

http://img403.imageshack.us/img403/1916/usdjpyd1eg3.gif - daily

08-07-2007, 08:11 PM

PICASSO

Member

Join Date: Aug 2007

Posts: 33

Forecasts from 08.08.07

EURUSD

http://img211.imageshack.us/img211/3162/eurd1bq6.gif - daily

http://img237.imageshack.us/img237/9714/eurw1mz0.gif - weekly

http://img235.imageshack.us/img235/9689/eurmnfs1.gif - monthly

GBPUSD

http://img235.imageshack.us/img235/8765/gbpd1zc5.gif - daily

http://img235.imageshack.us/img235/8673/gbpw1xw5.gif - weekly

USDCHF

http://img120.imageshack.us/img120/2284/chfd1hu1.gif - daily

http://img232.imageshack.us/img232/4276/chfwxx9.gif - weekly

USDJPY

http://img120.imageshack.us/img120/2426/jpydlk8.gif - daily

USDCAD

http://img232.imageshack.us/img232/2131/cadhno8.gif - h4

http://img120.imageshack.us/img120/1935/caddow5.gif - daily

GOLD

http://img120.imageshack.us/img120/4342/goldhve0.gif - h4

http://img232.imageshack.us/img232/3140/goldd1sb7.gif -daily

http://img120.imageshack.us/img120/1328/goldwxa7.gif -weekly

DOLLAR INDEX

http://img232.imageshack.us/img232/2332/dxyh4bt7.gif - h4

http://img232.imageshack.us/img232/2332/dxyh4bt7.gif - daily

http://img232.imageshack.us/img232/9847/dxyw1eb3.gif - weekly

Passage of Obama's Stimulus Could Drive the US Dollar Down

2009-02-10T06:08:00.000-08:00

In the face of a steady rush of bad news coming out of the US, the Dollar has strengthened considerably against major world currencies over the past two months. If you take a look beyond our borders, you'll see that the economic crisis is indeed world-wide. The adage is: When the US catches a cold, the world ends up with the flu.

Watch our video special report:
Mortgage rates and the 10-year yield

EUR/USD (:EUR-USD)

Intraday

3 Month

6 Month

1 Year

Data as of 02/05/09 07:56 PM EDT

Last Trade

$1.28

Change (%)

0.00 (0.00%)

High

1.28

Low

1.28

Volume

Exchange

Quotes delayed at least 20 mins.

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So despite an ailing economy, rock-bottom interest rates and a banking industry on the brink, the US Dollar (USD) has been attractive enough to foreign investors to gain back some value it had lost over the past five years. The dollar has traditionally been a safe-haven of sorts when world economic conditions are shaky.

But don't expect that to continue if President Barack Obama's $900 billion stimulus package gets the thumbs up from Congress. Passage of the bill would make the greenback less attractive than other major currencies in a whirl-wind world economy.

Congressional Democrats, at the push of Pres. Obama, have a bill in voting stages to spend another $900 billion to stimulate the flailing American economy (Can you expect this new stimulus to help? Read about the Broken Window Fallacy for more).

Should this pass, it may be a major enough factor to disrupt the current trend of the US dollar against the other major world currencies. Flooding an economy with large amounts of debt drives treasury bond prices down, and could trigger an exodus from US bonds as a safer investing instrument.

Fed Currency Swaps Look Good for the USD

2009-02-09T06:07:00.000-08:00

by John Jagerson

The Fed told the world yesterday that they would be extending the currency swap facilities and issuing more USD through the arrangements to most of the worlds largest central banks. A swap is an agreement in which the Fed trades US Dollars for an equivalent value of the other central bank's currency. For example, the Fed may trade $20 billion for 23 billion Swiss francs at today's exchange rate. Why would the Fed do this and what does it mean for the value of the dollar versus the other majors?

EUR/USD (:EUR-USD)

Intraday

3 Month

6 Month

1 Year

Data as of 02/05/09 07:56 PM EDT

Last Trade

$1.28

Change (%)

0.00 (0.00%)

High

1.28

Low

1.28

Volume

Exchange

Quotes delayed at least 20 mins.

Trading currency like this is supposed to increase the supply of dollars so that other central banks can auction and distribute them to their own commercial banks. Increasing the supply of dollars should help ease the credit market in these other countries.

This is needed because many commercial transactions around the world are done in dollars rather than the domestic currency so the supply of dollars is a critical component in running a smooth economy. The Fed's actions are largely seen as being very supportive for stimulus plans taking shape around the world and in the U.S. itself.

The injection of dollars in exchange for foreign currency is also very supportive from a fundamental perspective for the USD itself. The dollar has been strengthening in recent months and has begun to channel in a consolidation over the last few weeks. The signal here is that there is still strong demand for USD, which can help traders think about what direction they should be looking for trades.

Trend Riders3 ระบบเทรดส่ง Signal บอกจุดกลับตัว

2009-02-08T19:56:00.000-08:00

Ultimate Trend Rider and Reversal 3

Trend Riders3 เป็นระบบเทรดส่ง Signal บอกจุดกลับตัว (ใช้ได้กับทุกคู่สกุล และทุก Time Frame)

* ลองเข้าไปศึกษาอ่านดูรายละเอียดได้ที่

http://www.forex-tsd.com/manual-trading-systems/15645-5minbluetrs-what-you-think-17.html

* Tips For Trading : แนะนำให้ดู กราฟ ช่วงตลาดยุโรปเปิด คือ เริ่มตั้งแต่เวลาบ่ายโมงของประเทศไทย

* คำแนะนำเพิ่มเติมของเจ้าของระบบนี้ บอกว่า

" DEMO it first , observe and Learn The System and You find a lot of Good Trades everyday for any pairs - can be used in any timeframe "

* ขอให้โชคดี เฮงๆๆๆรวยๆๆๆ กันทุกคนนะคะ... ENJOY YOUR PIPS ...

USD/JPY 05/02/2009

2009-02-08T06:05:00.000-08:00

USD/JPY

The USDJPY made another indecisive movement and a Doji formation on daily chart yesterday. The major bearish scenario remains intact, but we have a triangle formation on 4h chart indicating a consolidation phase. A break from the triangle should give us a clearer direction. The bias is neutral in nearest term. Immediate resistance is seen at 89.90. Initial support at 88.80. CCI in neutral area on daily chart.

USDJPY Daily Supports and Resistances:

* S1= 88.83
* S2= 88.35
* S3= 87.88
* R1= 89.78
* R2= 90.25
* R3= 90.73

USD/JPY 06/02/2009

2009-02-07T06:04:00.000-08:00

USD/JPY

After breakout to the upside from triangle formation yesterday, the USDJPY had a nice bullish momentum. The pair topped at 92.23 and closed at 91.11. On 4h chart below we can see that the price is now testing the trend line resistance but at the same time CCI in overbought area and heading down suggesting a potential downside pullback. The bias is bullish in nearest term but neutral in longer term. Immediate support is seen at 90.35. Initial resistance at 91.50 followed by 92.23 (yesterday's high).

USDJPY Daily Supports and Resistances:

* S1= 89.47
* S2= 87.83
* S3= 86.45
* R1= 92.49
* R2= 93.87
* R3= 95.51

protect my Winning

2009-02-06T07:01:00.000-08:00

This is My first Post, I´ve been reading this forum, and others and mixing some indicators and Systems Trying to find something confortable and Profitable. So far this Mixed System I ´m using is doing Great. In this trade today I made 60 Pips, could had been 100 +, But I got Nervous and Afraid And Wanted to protect my Winning so I got Out with 60 pips. Anyway I Still a Newbie.

I cant post an image bigger than this, Please tell me how.

I want suggestion, critics, anything from the more experienced traders. WHAT you GUYS THINK ????? If you guys like it I may compile and post the indicators and template.

Thanks and Good trading to ALL. Sorry for my bad English.

GBP/USD 06/02/2009

2009-02-06T05:56:00.000-08:00

GBP/USD

After indecisive movement on Wednesday, yesterday GBPUSD had a significant bullish momentum. After break the 1.4577 resistance, the pair made further bullish move, topped at 1.4702 and closed at 1.4625. The Fibonacci retracement study below show that the pair is at critical phase, testing 23.6 % at 1.4718 area. Break above that area could trigger further strong bullish momentum. The bias remains bullish in nearest term and neutral in longer term. However, CCI in overbought area and heading down on 4h chart suggesting a potential downside pullback testing 1.4577 and 1.4500 support area. Eyes on US NFP data today.

GBPUSD Daily Supports and Resistances:

* S1= 1.4426
* S2= 1.4228
* S3= 1.4090
* R1= 1.4762
* R2= 1.4900
* R3= 1.5098

Good luck

FTSE eases as HSBC leads banks lower; oils gain

2009-02-01T23:59:00.000-08:00

* HSBC falls on concerns of capital hike, dividend cut
* Firmer crude prices lift oil producers
* FirstGroup sinks after it sees revenue slide at Greyhound
* Man Group off after funds under management fall

By Dominic Lau
LONDON, Jan 14 (Reuters) - Britain's leading share index slipped early on Wednesday as heavyweight HSBC (HSBA.L) fell on concerns of capital increase and dividend cut though oil producers boosted by firmer crude lent support.
By 0844 GMT, the FTSE 100 .FTSE was down 40.98 points, or 0.9 percent, at 4,358.17, on course for extending its losses to a sixth straight session. The UK benchmark is down 1.7 percent so far this month and had fallen more than 31 percent last year, its worst annual drop since its launch in 1984.

FTSE slides 2 pct as banking woes intensify

2009-01-31T23:59:00.000-08:00

* Banks push FTSE 100 down 2 pct
* Barclays announces further job cuts, HSBC falls
* Miners down as metal prices fall

By Phakamisa Ndzamela
LONDON, Jan 14 (Reuters) - Britain's blue-chip shares fell 2 percent by midday on Tuesday, with financials weighing heavily, as capital raising concerns at HSBC and job losses at Barclays threw a spotlight on the ailing banking sector.
Banks faltered after Morgan Stanley said HSBC (HSBA.L), Europe's biggest bank, may have to raise as much as $30 billion in capital and halve its dividend.
By 1209 GMT, the FTSE 100 was down 88.41 points at 4,130.74. The UK benchmark is down 2.8 percent so far this month and fell more than 31 percent last year, its worst annual drop since its launch in 1984.
Morgan Stanley said HSBC's earnings will fall this year and its relative capital position is not as strong as in the past. [ID:nLE245760]
"The HSBC news is a catalyst for more selling," said John Prior, an associate director of market strategy at Killik & Co.
"The situation is a big concern. We are telling our clients to come out of HSBC at the moment. We just think with this issue hanging around there's not much upside for the price," Prior added.
Barclays was the biggest loser among banks on the FTSE 100 down 11.7 percent after announcing a further 2,100 job cuts to add to the 2,500 job losses announced on Tuesday. [ID:nWLA4976]

FTSE 100 hit by banks to close 5 pct lower

2009-01-30T23:58:00.000-08:00

* FTSE 100 slides 5 pct, lowest close for over a month
* Banks hammered on credit outlook, sector down 10 pct
* Miners, oils down as commodity prices fall

By Simon Falush
LONDON, Jan 14 (Reuters) - Britain's blue-chip shares tumbled 5 percent to their lowest close in over a month on Wednesday led by financials which were thumped on anxiety over their balance sheets.

HK shares snap 6-day slump but HSBC weighs down index

2009-01-29T23:57:00.000-08:00

* HK shares turn course after six-day slide
* China banks recover after RBS sells stake in BOC
* HSBC drops after broker cuts profit estimate,target price
(Updates to close)
By Parvathy Ullatil
HONG KONG, Jan 14 (Reuters) - Hong Kong shares pared early gains to finish 0.3 percent higher after a sharply lowered target price and earnings estimates on HSBC Holdings sent shares in Europe's top bank to their lowest in more than seven years.
Index heavyweight HSBC (0005.HK) tanked 4.1 percent to HK$70, even slipping below that level at one point earlier Wednesday, after Morgan Stanley cut its target price by 31 percent to HK$52.
The U.S. investment bank cut its profit estimate for the British-based lender by 17 percent for 2008 and 39 percent for 2009 and expects the bank to halve its dividend. Morgan Stanley also predicts a $20 billion to $30 billion capital need at HCBC.
"If HSBC cut its dividend by half, its dividend yield will fall to 5 percent from 10 percent and given the bank's huge exposure to UK and U.S. market, 5 percent yield is not attractive any more," said Steven Leung, director with UOB Kay Hian.
"If the stock can't recover to HK$72 or HK$73 by tomorrow the situation can get pretty ugly."
Slumping HSBC shares offset gains in Chinese banking counters after the third equity selldown in a major lender this year eliminated some of the overhang on the sector. [ID:nHKF079859]
The benchmark Hang Seng Index .HSI closed 36.56 points higher at 13,704.61, snapping a six-day slide, its longest since September 2008.
But the index finished well off its early highs as HSBC extended losses in the afternoon session, dragging down with it shares in local arm Hang Seng Bank (0011.HK) which fell 4 percent.
Mainboard turnover rose to HK$66.2 billion ($8.5 billion) from HK$47.3 billion on Tuesday. The China Enterprises Index .HSCE of top mainland firms outperformed, climbing 2 percent to 7,219.04.
CHINA BANKS OUTPERFORM

HK shares to open down 4.2 pct at 7-week low

2009-01-28T23:56:00.000-08:00

HONG KONG, Jan 15 (Reuters) - Hong Kong shares will open 4.2 percent lower at a seven-week low on Thursday with concerns over earnings at banks slamming heavyweight HSBC (0005.HK) again after the stock hit a seven-year low the previous session.
HSBC is set to open 5 percent lower at HK$66.50, still reeling from a Morgan Stanley report that cut its earnings estimates and target price and warned that the UK-based lender may need $20 billion to $30 billion to shore up its capital.
The Hang Seng Index .HSI will open 568.38 points lower at 13,136.23.
Concerns over steep losses this year and signs of a mounting recession beat down stocks across the board with only 11 of the total 1,097 issues traded set to open higher on Thursday.
China Enterprises Index .HSCE of top locally listed mainland firms is indicated to open down 5 percent at 6,860.98. (Reporting by Parvathy Ullatil; Editing by Nick Macfie) (parvathy.ullatil@thomsonreuters.com; +852 2843-6415))
ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS]
OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU]
DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary
[WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts EQUITYPOLL1
TOP NEWS:
For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data ASIATODAY A multimedia version of Reuters Top News is available at:
LIVE PRICES & DATA: World Stocks <0#.INDEX> Currency rates Dow Jones/NASDAQ .DJI .IXIC Nikkei .N225 FTSE 100 .FTSE Debt <0#USBMK=> EURIBOR Hong Kong Dollar LME price overview

HK shares trim gains to 0.3 pct as HSBC slides

2009-01-27T23:55:00.000-08:00

HONG KONG, Jan 14 (Reuters) - Hong Kong shares pared early gains to finish slightly higher after a sharply lowered target price and earnings estimates on HSBC Holdings sent shares in Europe's top bank to their lowest in more than seven years.
Index heavyweight HSBC (0005.HK) tanked more than 4 percent at one point on Wednesday after Morgan Stanley cut its target price by 31 percent to HK$52.
Slumping HSBC shares offset gains in Chinese banking counters after the third equity selldown in a major lender this year eliminated some of the overhang on the sector. [ID:nHKF079859]
The benchmark Hang Seng Index .HSI unofficially closed 0.3 percent or 34.95 points higher at 13,703.00, snapping a six day slide. The index finished well off its early high of 14,019.03
The China Enterprises Index .HSCE of top mainland firms outperformed, climbing 2 percent to 7,224.08.
(Reporting by Parvathy Ullatil; Editing by Jonathan Hopfner) (parvathy.ullatil@thomsonreuters.com; +852 2843-6415))
ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS]
OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU]
DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary
[WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts EQUITYPOLL1
TOP NEWS:
For top Asian company news, double click on: [nTOPEQA] U.S. company news [TOP/EQU] European company news [TOP/EQE] Forex news [TOP/FRX] Global Economy news [TOP/MACRO] Technology news [TOP/TECH] Telecoms news [TOP/TELCO] Media news [TOP/MEDIA] Banking news [TOP/FIN] Politics/General news [TOP/G] Asia Macro data ASIATODAY A multimedia version of Reuters Top News is available at:
LIVE PRICES & DATA: World Stocks <0#.INDEX> Currency rates Dow Jones/NASDAQ .DJI .IXIC Nikkei .N225 FTSE 100 .FTSE Debt <0#USBMK=> EURIBOR Hong Kong Dollar LME price overview

HK shares snap six days slump; China banks rally

2009-01-26T23:55:00.000-08:00

* HK shares turn course after six day slide
* China banks recover after RBS sells stake in BOC
* HSBc drops after broker cuts profit estimate,target price
(Updates to midday)
By Parvathy Ullatil
HONG KONG, Jan 14 (Reuters) - Hong Kong shares were on course to end a six-day losing spell on Wednesday, rising 1.4 percent, with Chinese banks outperforming after an equity selldown in Bank of China (3988.HK) eliminated an overhang on the sector.
However index heavyweight HSBC Holdings (0005.HK) fell 2.3 percent to HK$71.3, its lowest level since after the September 11, 2001 attacks on the United States, following a Morgan Stanley report that slashed its target price to HK$52.
The U.S. investment bank cut its profit estimate for the UK-based lender by 17 percent for 2008 and 39 percent for 2009 and said HSBC may have to raise $20 billion to $30 billion to shore up its capital.
The benchmark Hang Seng Index .HSI ended the morning session 194.99 points higher at 13,863.04 after a six day slide, its longest since September, 2008.
Mainboard turnover rose to HK$43.8 billion ($5.6 billion) as compared with HK$25 billion by midday Tuesday.
"Most markets in Asia Pacific have moved up today on hopes that Tuesday's mixed performance on Wall Street indicates the market has hit a bottom after a five day fall," said Andrew To, sales director with Taifook Securities.
"If the HSI can hold above 13,800 points for a few days, it should form a good support and trigger short covering. We may rechallenge 15,000 points around Chinese New Year," he said.

HK shares snap 6-day slump but HSBC weighs down index

2009-01-25T23:54:00.000-08:00

HK shares seen lower on earnings worries; autos eyed

2009-01-24T23:53:00.000-08:00

HONG KONG, Jan 15 (Reuters) - Hong Kong shares are seen
lower on Thursday with concerns over earnings at banks driving
down HSBC (0005.HK) again after the stock hit a seven-year low
in the previous session.

A Morgan Stanley earnings downgrade sent HSBC shares
tumbling 4.1 percent in Hong Kong and 8 percent in London. The
U.S. investment house said the UK-based lender may need $20
billion to $30 billion to shore up its capital.

Worries about steep losses at banks worldwide and poor
retail sales data also sent U.S. stocks to six-week lows on
Wednesday.

Investors will watch refinery stocks after China, in a
surprise move, decided to trim gasoline and diesel prices by a
few percent on Thursday. This is the first adjustment since
bringing in a new fuel price system last month, a reform that
could see pump prices change much more frequently.

The latest change will cut gasoline price ceilings by 140
yuan ($20.48) per tonne and diesel price ceilings by 160 yuan
($23.41) per tonne from midnight on Wednesday.

The Hang Seng Index .HSI ended Wednesday 0.3 percent
higher at 13,704.61, snapping a six-day slide that wiped out
gains made in its year-end rally.

STOCKS TO WATCH

* Chinese automobile stocks will be eyed after China
unveiled a wide-ranging plan to boost the domestic auto
industry, including halving the sales tax on small cars and
subsidies to encourage car owners to trade their old models for
newer, fuel-efficient ones.

The government said it favoured consolidation of the
sprawling industry and would promote mass production of
electric-powered vehicles.

* Pou Sheng International, a sportswear retailing arm of
Yue Yuen Industrial (0551.HK), said on Thursday it planned to
expand its store network in China via a deal worth about HK$793
million ($101.7 million).

Pou Sheng (3813.HK) said it would buy the 70 percent of
Farsighted International Ltd (FIL) not already owned by the
firm for HK$428.6 million in cash and the issue of 393.6
million new shares at HK$0.925 each.

* China Southern Airlines (600029.SS), the country's
largest carrier by fleet size, estimated on Wednesday that it
would report a loss for 2008.

In a brief statement, the airline cited the slowdowns in
the global and Chinese economies, which cut traffic demand, as
well as high domestic fuel prices during the year.

China Southern, which posted net profit of 1.85 billion
yuan ($271 million) in 2007, will release 2008 earnings in
mid-April. -------------MARKET SNAPSHOT @ 00:11 GMT
-----------------------

INSTRUMENT   LAST     PCT CH GNET CHG

S&P 500           .SPX       842.62  -3.35%  -29.170

USD/JPY                  89.16    0.17%   0.150

10-YR US TSY YLD    2.206    --      0.000

SPOT GOLD                $812.45  0.23%   1.900

US CRUDE          CLc1       $37.23  -0.13%  -0.050

DOW JONES         .DJI       8200.14 -2.94%  -248.42

ASIA ADRS         .BKAS      87.99   -3.22%  -2.93
 -------------------------------------------------------------
> Wall Street falls on bank anxiety, Apple down after bell 
[.N] > Oil falls on U.S. stock build, weak demand             
 [O/R] > TREASURIES-Prices up as weak retail sales send stocks
down[US/] > Euro down on Greece downgrade, risk appetite fades

[USD/] > Gold falls on weak demand, dollar rise; ECB eyed

[GOL/]
 (Reporting by Parvathy Ullatil; Editing by Clarence
Fernandez)
 (parvathy.ullatil@thomsonreuters.com; +852 2843-6415))

ASIA-PACIFIC STOCK MARKETS:
 Pan-Asia......[STXNEWS/AS]  Japan........[.T]
S.Korea....[.KS]
 S.E. Asia............[.SO]  Hong Kong...[.HK]
Taiwan.....[.TW]
 Australia/NZ.........[.AX]  India.......[.BO] China......[.SS]

OTHER MARKETS:
 Wall Street...........[.N] Gold.........[GOL/]
Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R]
JP bonds...[JP/]
 ADR Report..........[ADR/] LME metals..[MET/L] US
bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News
Europe...[STXNEWS/EU]

DIARIES & DATA: IPO diary & data    Asia
earnings diary [ASIA/EQTY] U.S. earnings diary  [RESF/US]
 European diary

[WEU/EQTY]
 Taiwan diary        [TW/DIARY]  Wall Street Week Ahead 
[.N/O]
 Eurostocks Week Ahead  [.EU/O]  World forecasts  EQUITYPOLL1

TOP NEWS:

For top Asian company news, double click on:     
[nTOPEQA]
 U.S. company news    [TOP/EQU]  European company news
[TOP/EQE]
 Forex news           [TOP/FRX]  Global Economy news
[TOP/MACRO]
 Technology news     [TOP/TECH]  Telecoms news     
[TOP/TELCO]
 Media news         [TOP/MEDIA]  Banking news        
[TOP/FIN]
 Politics/General news  [TOP/G]  Asia Macro data   
ASIATODAY

HK shares to open down 4.2 pct at 7-week low

2009-01-23T23:52:00.000-08:00

HK Hot Stocks-Standard Chartered, China Southern fall

2009-01-22T23:51:00.000-08:00

HONG KONG, Jan 15 (Reuters) - By 0245 GMT the Hang Seng Index .HSI had fallen 4.4 percent to 13,098.05.
Concerns over steep losses this year and signs of a mounting recession beat down stocks across the board, with only 49 of the total 1,097 issues traded higher in Thursday morning trade.
The China Enterprises Index .HSCE of top locally listed mainland firms had fallen 4.4 percent to 6,901.05.
Here are some of the stocks on the move in early trade-
* Shares in London-based lender Standard Chartered (2888.HK) (STAN.L) dived 6.6 percent on Wednesday, underperforming other regional banking stocks after Mervyn Davies stepped down as chairman of the Asia-focused bank.
The stock fell to HK$90.60, recovering slightly from the day's low of HK$88.5.
Davies, who led the bank as chief executive from 2001 to 2006 and is credited with playing an important role in restructuring the bank following the setbacks it suffered during the Asian financial crises of 1997-1998, will take up a role as British minister for trade and investment.
"...this is nonetheless an unexpected if not unwelcome development, amidst unsettled markets and uncertain macro outlooks for several of Standard Chartered's key markets," said Goldman Sachs analyst Roy Ramos.
* China Southern Airlines (600029.SS), the country's largest carrier by fleet size, sank 6.2 percent after the air carrier said it estimated it would report a loss for 2008.
The airline blamed its poor performance on the slowdowns in the global and Chinese economies, which cut its passenger volume growth to single digits for the first time in five years, as well as high domestic fuel prices during the year.
In 2007, China Southern posted a net profit of 1.85 billion yuan ($271 million). It is due to release its 2008 earnings report in mid-April. (Reporting by Parvathy Ullatil; Editing by Clarence Fernandez) (parvathy.ullatil@thomsonreuters.com; +852 2843-6415))
ASIA-PACIFIC STOCK MARKETS: Pan-Asia......[STXNEWS/AS] Japan........[.T] S.Korea....[.KS] S.E. Asia............[.SO] Hong Kong...[.HK] Taiwan.....[.TW] Australia/NZ.........[.AX] India.......[.BO] China......[.SS]
OTHER MARKETS: Wall Street...........[.N] Gold.........[GOL/] Currency..[FRX/] Eurostocks...........[.EU] Oil...........[O/R] JP bonds...[JP/] ADR Report..........[ADR/] LME metals..[MET/L] US bonds...[US/] Stocks News US...[STXNEWS/US] Stocks News Europe...[STXNEWS/EU]
DIARIES & DATA: IPO diary & data Asia earnings diary [ASIA/EQTY] U.S. earnings diary [RESF/US] European diary
[WEU/EQTY] Taiwan diary [TW/DIARY] Wall Street Week Ahead [.N/O] Eurostocks Week Ahead [.EU/O] World forecasts EQUITYPOLL1
TOP NEWS

TOPWRAP 2-U.S. bank crisis deepens as ECB rate cut expected

2009-01-21T23:49:00.000-08:00

* European Central Bank seen cutting interest rates
* Equity markets slide on bank news and weak data
* Citigroup shares plunge as banking crisis returns
* U.S. govt close to giving Bank of America new aid-source (For more on the global economic crisis, click [nCRISIS])
By Sakari Suoninen and Tetsushi Kajimoto
FRANKFURT/TOKYO, Jan 15 (Reuters) - Bank of America and Citigroup faced fresh turmoil as investors questioned if they had the capital strength to cope with a global crisis that is set to push the European Central Bank to cut rates later on Thursday.
Data across the developed world pointing to a deepening recession and fears that more public money in the United States may be needed to keep banks afloat weighed on financial markets.
Asian equities followed European and U.S. markets to fall to multi-week lows. Tokyo's Nikkei average slipped close to 5 percent after news that Japan's core machinery orders fell at a record pace in November. [ID:nT164777] [ID:nT230571]
Shares in Bank of America (BAC.N) and Citigroup (C.N), two of America's biggest banks, fell as they faced a fresh crisis of confidence over whether they have enough capital to cover haemorrhaging losses from toxic assets and the struggling global economy.
"The large banks in the U.S. are not lending, and they're desperate to conserve capital," said Dan Alpert at Westwood Capital in New York. "Banks only remain going concerns because the federal government is topping up their equity."
The financial crisis began in credit markets in 2007, when bank lending dried up in the face huge losses in the U.S. housing market. The global economy has deteriorated relentlessly since, pushing the biggest developed countries into recession and raising alarm bells over rising job losses.
Citigroup, whose shares dived 23 percent on Wednesday, plans to report quarterly results six days ahead of schedule on Friday and analysts are looking for a fifth straight multibillion-dollar loss. [ID:nN14490234]
The bank was also widely expected to provide details of a reorganisation of the company designed to ensure its survival.
Bank of America is close to receiving billions of dollars of support from the U.S. government, a source familiar with the matter said, as it tries to digest Merrill Lynch & Co Inc, the investment bank and brokerage it bought on Jan. 1.
Merrill has billions in troubled assets -- ranging from commercial real estate to subprime mortgages -- that suffered during a brutal fourth quarter.
Citigroup has already been propped up with $45 billion in government funds from the Troubled Asset Relief Program (TARP), while Bank of America and Merrill have received $25 billion

USD/JPY 22-1-09

2009-01-21T22:45:00.000-08:00

บทวิเคราะห์จาก FX Instructor ครับ ยิงฟันยิ้ม
As I had expected, the USDJPY fabricated a cogent bearish drive yesterday. The brace hit my abbreviate ambition at 88.90 even further, bottomed at 87.12 but bankrupt college at 89.37. Early today in Asian affair the brace connected it's bearish scenario, traded about 88.80 at the time I wrote this comment. The bent charcoal bearish targeting 86.15 area. CCI in oversold breadth and branch up on 4h blueprint so watch out for a accessory upside burden testing 89.50 and 90.15 attrition area. Please bang actuality to see the chart.
USDJPY Daily Supports and Resistances:
S1= 87.61
S2= 85.85
S3= 84.58
R1= 90.64
R2= 91.91
R3= 93.67

Asian shares hit 6-week low

2009-01-20T23:49:00.000-08:00

By Rafael Nam
HONG KONG (Reuters) - Asian shares hit a six-week low on Thursday and safe-haven Japanese bond futures rose to their highest since Lehman Brothers collapsed in September as a U.S. banking crisis deepened, sparking fears of prolonged financial turmoil.
Bank of America Corp and Citigroup Inc shares plunged on Wednesday as investors questioned whether the firms have enough capital to cover losses from toxic assets.
The market turbulence is an another blow to major economies that are facing the toughest conditions in decades as evidenced by the latest data out of the United States, Germany and Japan.
The European Central Bank is expected to slash interest rates later in the day, though uncertainty about how deep a cut to expect helped send the euro to multi-week lows on Wednesday.
"A continued flow of bad economic data is pointing to steeper global recession, worsening concerns about corporate earnings," said Lee Sun-yeob, a market analyst at Goodmorning Shinhan Securities in Seoul.
"Increasingly bearish prospects for global banks' results are also pressuring sentiment."
The MSCI index of Asia-Pacific shares excluding Japan dropped 5 percent as of 0515 GMT (12:15 a.m. EST), heading to its biggest percentage daily fall since mid-November.
The last time worries about Citigroup's fate undermined global equity markets was in November, when the U.S. government stepped in to prop up the lender with government funds.
The MSCI index on Thursday hit its lowest since December 8, down almost 9 percent for the year. The deep falls over the past week and a half are rapidly denting a rally that still has shares up about 17 percent since hitting five-year lows in November.
Policymakers worldwide have responded since late last year by slashing interest rates and boosting spending, but the actions have yet to fully convince investors.
Among the latest factors worrying investors were data on Wednesday showing December U.S. retail sales tumbled and Germany's economic growth slipped to a three-year low in 2008.
In Japan, core machinery orders fell by a record amount in November, data showed on Thursday.
"The problems are global and there isn't any real good news around," said Martin Angel, a dealer at Patersons Securities Ltd. in Australia. "You are just not going to escape it."
Japan's Nikkei average dropped 4.5 percent, with Nissan Motor Co slipping 3.4 percent on news it will post an annual operating loss because of sliding sales and a soaring yen.
Benchmark stock markets in South Korea, Australia and Hong Kong fell 4-5 percent each

การเล่นหุ้นดูอย่างไร (2)

2009-01-20T22:30:00.000-08:00

รายได้หรือยอดขาย

การเติบโตของยอดขายในอดีต คือ ควรเติบโตอย่างสูงหรือสูงพอสมควรและสม่ำเสมอถึงจะดี

มีปัจจัยใดบ้างที่ส่งผลกระทบต่อยอดขาย คือ พฤติกรรมผู้บริโภค ตัวแปรอื่นๆ ซึ่งจะส่งผลทั้งด้านดีและด้านลบ เพื่อประเมินธุรกิจในอนาคตได้

แนวโน้มการเติบโตของยอดขายในอนาคต คือ ดูจากแผนงานของผู้บริหาร และปัจจัยอื่นๆข้างต้นโดยสามารถสังเกตได้จาก เกณการเติบโต 15-20%

อัตราการเติบโตของยอดขายเทียบกับอุตสาหกรรม คือ นำการเติบโตมาเทียบกับอุตสาหกรรม หรือคู่แข่งโดยควรสูงกว่าค่าเฉลี่ยโดยรวม

ความสามารถในการทำกำไร

อัตรากำไรจากการดำเนินงาน คือ ให้ดูที่งบการเงินงวดต่างๆ จาก “กำไรก่อนดอกเบี้ยภาษี” ในส่วนนี้จะบอกถึงความสามารถในการควบคุมการจัดการต้นทุนในแง่การผลิต จะต้องมีค่าสูงพอสมควรแล้วลองนำไปเทียบกับยอดขายว่าสูงเพียงพอหรือไม่อย่างไร

อัตรากำไรสุทธิ คือ ควรมีกำไรสุทธิที่มีมากเพียงพอ และควรจะคงที่หรือเพิ่มขึ้นทุกไตรมาตร หรือทุกปี

อัตราการเพิ่มขึ้นของกำไรสุทธิเทียบกับยอดขาย คือ บอกถึงประสิทธิภาพการลงทุนที่ดี โดยอย่างน้อย ยอดขายเพิ่ม 10 กำไร ควรเท่ากันหรือมากกว่า(ยิ่งดี)

Dilution Effect ที่มีต่อกำไรต่อหุ้น คือ (เน้น) ปัจจัยการลดทอนราคาหุ้นโดยตรง เช่นการออก warrant มากไม่ดี , การเพิ่มทุน มากไม่ดี ส่วนมากจะมาจากแผนขยายงาน ลงทุนเพิ่ม, การจัดสรรหุ้นให้พนักงาน (ESOP) ราคาถูก และมากไม่ดี

การจัดการด้านการเงิน

การบริหารสภาพคล่องของธุรกิจ คือ ดูที่รายการในงบดุลโดยควรมีสินทรัพย์หมุนเวียน มากกว่า หนี้สินหมุนเวียน มากพอสมควรอย่างน้อยๆเมื่อเทียบกันแล้วมากกว่าหลาย 10% และควรมีเงินสดอยู่ในบัญชีที่มากพอสมควร ไม่ควรมาก(ไม่ได้นำไปลงทุนเพิ่ม)หรือน้อยเงินไป(สภาพคล่องน้อยเกินไป) และหากยอดขายสูงขึ้นเงินสดควรสูงขึ้นด้วยในระดับเดียวกัน

ความสามารถในการสร้างกระแสเงินสด คือ หลังจากการทำกำไรสามารถเปลี่ยนเป็นเงินสดได้มากหรือไม่ โดยควรมีค่าเป็นบวก และเพิ่มขึ้นทุกปี (หากเป็นลบไม่ดี)

การจัดหาเงินทุนสอดคล้องกับการลงทุนในสินทรัพย์หรือไม่ คือ เป็นการมองถึงความระมัดระวังของการจัดหาเงิน ให้ดูที่งบดุล ว่าบริษัทมี หนี้สินไม่หมุนเวียน รวมกับส่วนของผู้ถือหุ้น แล้วต้องมากกว่า สินทรัพย์ไม่หมุนเวียน

สัดส่วนการกู้หนี้ยืมสิน คือ กิจการที่มีหนี้มากก็จะมีความเสี่ยงมาก

นโยบานการจ่ายเงินปันผล คือ การจัดสรรกำไรให้นักลงทุน ประเด็นแรก มีการจ่ายเงินปันผลสม่ำเสมอ ประเด็นที่สอง การปันผลต้องไม่กระทบต่อการลงทุนและสภาพคล่องและไม่กู้เงินมาจ่ายปันผล

อัตราส่วนราคาต่อกำไร

Historical & Prospective คือ เปรียบเทียบค่า PE ปัจจุบัน กับ อนาคตโดยอนาคตควรน้อยกว่าค่าปัจจุบัน

PE Ratio ต่ำกว่า 10 เท่าอยู่ในเกณฑ์ปลอดภัย

PE Ratio หากต่ำกว่า 5 เท่าบ่งบอกถึงแนวโน้มของธุรกิจที่ไม่สดใส การทำกำไรไม่ชัดเจน

PE Ratio ระดับ 15-20 เท่าเป็นเขตอันตราย

กิจการที่มีอัตราการเติบโตของกำไรสูงมักที่ค่า PE Ratio สูงกว่าระดับค่าเฉลี่ย

Infosys, Wipro fall after Nortel bankruptcy filing

2009-01-19T23:46:00.000-08:00

BANGALORE, Jan 15 (Reuters) - Shares in leading Indian outsourcers such as Infosys Technologies (INFY.BO) and Wipro (WIPR.BO) fell on Thursday after one of their clients Nortel Networks Corp (NT.TO) filed for bankruptcy.

Analysts said Nortel's work contributed only a small portion of revenue for the outsourcers, but the news dealt another blow to the export-driven companies that have seen their growth slowing sharply as a global economic turmoil crimped demand.

By 0718 GMT, shares in Infosys, India's second-largest software services exporter, were down 5.2 percent at 1,237 rupees, after having fallen as much as 6.1 percent, in a Mumbai market .BSESN down 3.5 percent.

No. 3 exporter Wipro was down about 5 percent at 231.80 rupees, after having shed as much as 10.5 percent, while the sector leader Tata Consultancy Services (TCS) dropped 5.8 percent to 507.20 rupees.

North America's biggest telephone equipment maker filed for credit protection on Wednesday hoping to save a once highflying business whose decade-long decline has accelerated with the global economic crisis. [ID:nBOM389765] Analysts at JP Morgan wrote in a report that the Nortel move could "potentially impact" Tata Consultancy, Infosys and Wipro as they work with the telecom equipment maker.

As per Chapter 11 filing of Nortel, both Infosys and TCS have trade receivables worth $2.9 million each, while Wipro has receivable worth $3.1 million, JP Morgan said.

"Wipro could see business decline from Nortel, but we would expect the overall impact to be small. For Infosys and TCS, we believe the EPS impact would be even lower," it said.

Officials at the Indian outsourcers were not immediately available for comment. "While Nortel bankruptcy itself should not have a significant impact on the financials of TCS, Infosys and Wipro, we believe it is a concern for the Indian IT sector as it reflects the weak health of the telecom OEM sector," JP Morgan said, referring to original equipment manufacturers for telecom firms. The brokerage said Wipro, with 10 percent exposure to telecom equipment makers, could be hurt more than TCS and Infosys. (Reporting by Sumeet Chatterjee; Editing by Ranjit Gangadharan

การเล่นหุ้นดูอย่างไร

2009-01-19T22:29:00.000-08:00

การวิเคราะห์ปัจจัยพื้นฐาน

ข้อมูลเชิงคุณภาพ

1. ธุรกิจ

2. ผู้บริหาร

ข้อมูลเชิงปริมาณ

1. รายได้หรือยอดขาย

2. ความสามารถในการทำกำไร

3. การจัดการด้านการเงิน

4. อัตราส่วนราคาต่อกำไร (PE Ratio)

ธุรกิจ

ธุรกิจทำอะไร คือ ข้อมูลรายละเอียดของสินค้า การบริการ การลงทุน

ผลงานที่ผ่านมา คือ มองชื่อเสียงที่ผ่านมา ความสามารถในการทำธุรกิจ

การวิจัยและพัฒนา คือ ความสามารถในการพัฒนาเพื่อรองรับตลาดในอนาคต

แนวโน้มในอนาคต คือ แนวโน้มยอดขาย แนวโน้มโดยภาพใหญ่ของธุรกิจ

การกระจายของผลิตภัณฑ์ คือ ความหลากหลายของสินค้าเพื่อกระจายตลาดของธุรกิจ

ความสามารถในการแข่งขัน คือ การประเมินอำนาจต่อรอง ความเป็นผู้นำตลาด เมื่อเทียบกับคู่แข่ง

ผู้บริหาร

ความรู้ความชำนาญ คือ การศึกษา ความเก่งเฉพาะด้านโดยดูทั้งทีม

ประสบการณ์ในอดีต คือ ผลงานที่ผ่านมาของผู้บริหาร

เครือข่ายสายสัมพันธ์ คือ สายสัมพันธ์ทางธุรกิจและสังคม

ความเป็นมืออาชีพ คือ มีการกระจายความรับผิดชอบ อุปกรณ์การควบคุมดูแล

วิศัยทัศน์และการมองการณ์ไกล คือ วิศัยทัศน์ที่นำพาธุรกิจไปข้างหน้า แผนงานในอนาคต

กลยุทธ์และแนวการทำธุรกิจ คือ การเติบโตด้วยตัวเอง หรือการควบรวม มองให้เหมาะสมกับธุรกิจนั้นๆ หรือ การจัดหาพันธมิตร

ธรรมาภิบาล คือ มีการชี้แจ้งแบบไม่มีปิดบัง บิดเบื่อน ได้รับรางวัลต่างๆ

Fibonacci

2009-01-19T07:39:00.001-08:00

Fibonacci - Who Was He And How Could He Improve My Stock Trading Profits? By Chris Towland The word Fibonacci means a lot of things to a lot of different people. For mathematicians, Fibonacci is an important number sequence. For some painters, sculptors, and other visual artists, Fibonacci is a principle theory of the arts. For traders, businessmen, economists and the like, Fibonacci is a system that can efficiently predict market trends. Yet, for most of us, Fibonacci sounds incredibly complex and something that we ' d rather not discover. But what exactly is Fibonacci? What does it mean and for what is it used? Fibonacci, which means son of Bonacci, is actually a nickname used by the famous Italian mathematician and businessman Leonardo Pisano. Bonacci, on the other hand, is the nickname of his father and it means' good natured 'or' simple '. While Fibonacci was born in Italy, he spent most of his childhood years in Bugia (now Bejaia), a Mediterranean port in Algeria where his father, Guilielmo, worked as a consul for the merchants of Pisa. It is in Bugia where he learned the Arabic numeral system, and later as he traversed the rest of the Mediterranean world, he learned more of the Arabic mathematical system and its practical uses. In 1200, Fibonacci ended his travels and returned to Europe. There he wrote a number of books that disclosed the mathematical skills he had learned in his Mediterranean travels. Among his works that were published are the Practica Geometriae, Flos, Liber quadratorum, Di minor guisa , and his commentary on Book X of Euclid's Elements; the last two mentioned, unfortunately, are already lost. His Liber quadratorum, or Book of Squares, is probably his most magnificent book, but it was not his most popular work. His most popular work was rather the Liber Abaci, his first book that was written in 1202 where he introduced to the Europeans the Arabic numerical and mathematical system. In this book, he also taught the Europeans how to use such mathematical system in accounting and in trading. Most importantly, it is in the Liber Abaci where he introduced the Fibonacci numbers and sequence for which he is best remembered today. The Fibonacci numbers, or sequence, was first used in Liber Abaci as a solution to a problem regarding the ideal population of rabbits. It is a recursive number sequence that starts with 0 and 1, and the succeeding numbers being the sum of the two numbers preceding it. This number sequence efficiently predicted the ideal growth of the population of rabbits. Later, mathematicians and scientist discovered that the Fibonacci number sequence has a lot of other uses aside from just predicting the population growth of rabbits. They have discovered that the Fibonacci sequence, in fact, occurs in many various patterns of nature. What started out as a way of counting rabbits has now found a large number of other uses and applications. And as our present day scholars continue to study about the Fibonacci sequence, more and more uses for it continue to be discovered. Today, there are a variety of applications where the Fibonacci sequence, and its derivatives, are being used. It has found use in many computer programs. A ratio derived from the Fibonacci sequence, called the Golden Mean, has been considered by ancient Greeks to be the ideal aesthetic ratio and is now being widely used by many visual artists in their works. The Fibonacci trading system, which is an efficient way of predicting future trends in the world financial markets, has also become popular to expert traders and aspiring traders as well. Who in the past might have known that such a simple number sequence like the Fibonacci numbers would have a great impact on a lot of things today? Maybe, not even Fibonacci himself. About the Author: To learn more about how you can use Fibonacci to accurately predict major stock market turning points, visit Fibonacci Trading at http:/ / www.fibonacci-trading.com Source: www.isnare.com Permanent Link: http://www.isnare.com/?aid=3374&ca=Finances
Fibonacci - and who he is or how he improve my stock trading profits?
Chris Towland in

It means many different things to different people Fibonacci word. The math is important Fibonacci sequence. Some painters, sculptors and other visual artists, Fibonacci is a principle of art. Traders, businessmen, as well as economists, Fibonacci is a system to predict market trends efficiently. But most of us, the Fibonacci is incredibly complex to find what I want is not pretty. However, Fibonacci Specifically what? What is it used to mean?

Fibonacci, Bonacci son in the sense that, in fact is used in mathematics REONARUDOPISANO Italian businessman who is well known by his nickname. Bonacci, on the other hand, is the nickname of his father, 'nature' or 'good' simple. Fibonacci was born in Italy, he is (now Bejaia), Algeria's father in the Mediterranean port Guilielmo, worked as a consul of the merchants of Pisa Bugia spent most of his childhood years. He passed the rest of the world's Mediterranean Bugia system he learned in Arabic numerals, and will be saved and he learned a lot of practical applications and its system of mathematical Arabic.

The year 1200, he traveled back to Europe and the Fibonacci is finished. His book, he has a number of mathematical skills learned in the Tour of the Mediterranean, he writes. In his work, was published Practica Geometriae, Oh like China, freedom quadratorum, DIMAINA guisa, the Book X that he has to explain to Euclid's Elements, the last one to two, but unfortunately, has already lost We will. His freedom quadratorum, square or reservation, this is probably his most magnificent, in his most popular work was not. Freedom of the most popular work of his abacus is plural, in the year 1202 in Europe when he was in his first book written mathematical system and Arabic numerals. This book, to be used in trading systems and mathematical methods such as accounting, and taught in Europe. Most importantly, it is free in several of his abacus and Fibonacci number, he introduced an array of today is best remembered for.

The number of Fibonacci sequence or rabbit problem in the first free abacus was used as a solution to the ideal population for the plural. This is a recursive sequence code, start with 0 and 1, and the number of replacement, the two leading figures of the total. Predicts that the growth of the population of the rabbit ideal efficient code sequence. Since then, scientists and mathematicians, the Fibonacci sequence is found in many other applications is expected to increase the population of rabbits. They Fibonacci sequence, in fact, many of nature, occurs when a variety of patterns found.

Used as a means to count the rabbit, which began in photos found in many other applications. And we are here for a Fibonacci sequence continue to be discovered, scholars have been studying for many uses. Today, a variety of applications, the Fibonacci sequence, and its derivatives are used. Discovered the use of computer programs. The Fibonacci ratio is derived from the array, which in ancient Greek to be the ratio aesthetic ideal, and is used by many visual artists in their works that are now widely known as the average gold. This is to predict the future trend of world financial markets and Fibonacci trading system is an efficient way, is also popular among traders and aspiring professional traders.

It may know who in the past, today is a simple code sequence as the Fibonacci number will also have a major impact on many? Maybe even his own Fibonacci.

About the Author: To learn more about Fibonacci you can use a major turning point in the stock market to predict exactly how, visit http://www.fibonacci-trading.com in Fibonacci Trading

Satyam has not sought any govt financial help-min

2009-01-18T23:48:00.000-08:00

NEW DELHI, Jan 15 (Reuters) - Satyam Computer Services Ltd (SATY.BO) has not sought any financial help from the government and the new board is working on reviving the company, Corporate Affairs Minister Prem Chand Gupta said on Thursday.
"The company has not asked for any package. Three days ago a new board has been appointed. The board consists of eminent persons. They are on the job," Gupta told reporters.
"Now it is for the new board to take a view. They may not need that," Gupta said while elaborating on any government financial help for Satyam (SAY.N).
"If they require funds, they will raise it from banks." (Reporting by Nigam Prusty, Editing by Mark Williams)

UPDATE 1-SABMiller Q3 beer vols dip one pct due to slowdown

2009-01-17T23:45:00.000-08:00

* Q3 underlying beer volumes fall one pct
* Consumer demand hit by current global economic slowdown

LONDON, Jan 15 (Reuters) - Brewing giant SABMiller reported a one percent fall in third-quarter worldwide underlying beer volumes on Thursday, below expectations, with consumer demand hit by the current global economic slowdown.
The volume fall from the London-based brewer of Miller Lite, Peroni and Grolsch for the October-December quarter was below analysts expectations for a 1.3 to 3.0 percent rise and first-half (April-Sept) volumes only marginally ahead.
But the brewer, No 2 in the world after Anheuser-Busch InBev ), said its financial performance in the quarter was in line with its expectations supported by higher beer prices and cost efficiencies.
Analysts said beer volumes were particularly weak in Colombia, Botswana and Russia, but there were strong performances from South Africa, Peru, Ecuador and Romania.
The group which also brews Castle, Snow, and Pilsner Urquell had already cautioned back in November that prospects for its financial year to March 2009 were "increasingly uncertain" due to deteriorating global economic conditions, weakening consumer demand and volatile foreign exchange rates.
Its shares have risen 40 percent in the last three months to close at 10.60 pounds on Wednesday from a low of 758p in late October, but SABMiller now trades on 10.7 times March 2010 earnings and some analysts say it is looking overvalued compared to Heineken on 10.3 times 2009 earnings.
(Reporting by David Jones)

Home Business & Finance Markets U.S. U.K. Europe Asia Markets News Hot Stocks Bonds News Advances/Declines Most Actives Indices Calendars Deals Small Business Industries Industry Summits Stocks Funds ETFs Currencies Commodities Options Economy Bonds Analyst Research Portfolio News Do More With Reuters RSSRSS Feed Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters UPDATE 2-Delta eyes 2,000 job cuts via early retirement

2009-01-16T23:44:00.000-08:00

(Updates with more details, share price)
By Mariko Katsumura
TOKYO, Jan 15 (Reuters) - Delta Air Lines Inc which took over rival Northwest Airlines last year, said it expects about 2,000 staff to opt for an early retirement programme as it aims to trim capacity as much as 8 percent this year.
The latest move by the world's biggest airline highlights a trend among major airlines fighting for profits as global economic recession weighs on passengers' travel budgets.
In December, Delta, which has about 75,000 staff worldwide, said it would offer employees severance packages, but it didn't say how many jobs it aimed to cut.
"We are expecting a number of around 2,000 because the capacity reduction is going to be around 6 to 8 percent," Delta CEO Richard Anderson told reporters on the sidelines of a media briefing in Tokyo.
"We will know more towards the end of this month, because we gave employees a wide window so that they can make the right decision."
In March 2008, Delta announced 2,000 job cuts and offered voluntary severance packages. More than 4,000 workers took advantage of the packages.
Prior to the merger, Northwest trimmed its staff by about 2,000 workers.
Major airlines, battered by sagging travel demand and losses on fuel hedging costs, have been working to bolster their profitability by cutting capacity and finding new revenue streams. Capacity reductions affect the number of seats for sale and are achieved by cutting flights or replacing large planes with smaller ones.
Japan Airlines (9205.T) plans to cut about 10 percent of its total workforce by end of March while Singapore Airlines (SIAL.SI) is reportedly planning to ask its cargo pilots to take unpaid leave as the carriers face tough operating conditions.
Atlanta-based Delta said last month its domestic capacity would fall 8 percent to 10 percent in 2009, and international capacity would fall 3 percent to 5 percent as travel demand wanes. Systemwise, that would mean a reduction of 6 to 8 percent. [ID:nN021528]
Anderson told reporters on Thursday Delta expects a 10 percent decline in industry revenue this year as the economic slowdown hits travel demand, taking revenue to where it was after the September 11 attacks in 2001.
"But remember, the fuel price is dramatically lower," he said, adding that the carrier expects to save $5 billion this year from the plunge in oil prices since last summer.
"We expect an enormous benefit from lower fuel prices," said Anderson, adding that would help the carrier achieve profitability in 2009.
U.S. crude oil future CLc1 traded around $37 a barrel in New York on Wednesday, down from an all-time high above $147 in July last year.
Delta's shares closed down 7.4 percent at $10.29 in New York on Wednesday. The shares have lost about 10 percent this year. (Editing by Lincoln Feast)

MONEY MARKETS-Dollar spreads

2009-01-15T23:40:00.000-08:00

Trading Signals

Trading signals are buy and sell recommendations delivered by a third party. Forex-Markets.com has compiled some of the most effective trading signals available in the industry. Many forex traders can improve profitability significantly by using one or more of these top trading signal services

Dollar funding rates down but spreads widen
* NZ swaps, futures price in deeper rate cuts
By Vidya Ranganathan
SINGAPORE, Jan 15 (Reuters) - Dollar lending rates extended their gradual decline in Asia on Thursday, but swap spreads reversed a week of tightening as economic and banking worries were re-ignited.
In New Zealand, the swap and futures markets were pricing in as much as 200 basis points more of rate cuts after a survey showed business confidence was at a 33-year low in the last quarter of 2008.
The rate on three-month dollar funds in Singapore dropped to 1.09036 percent, barely below 1.0971 percent on Wednesday but still marking its lowest level since early 2004.
But the two-year dollar swap spread, the mark-up of swaps over comparable treasury yields, jumped to 54.5 points, its widest in a week, over concerns about the breakup of Citigroup coming on the heels of awful U.S. jobs and retail sales data.
Other spreads too halted a multi-week narrowing trend. The TED spread, the spread of interbank rates over Treasury bill yields, was steady at 97 basis points at the 3-month tenor, having tightened from a peak of 470 points on Oct. 10.
NEW ZEALAND
Yields have meanwhile fallen sharply this week in New Zealand after the business sentiment report, which was quickly followed by a Standard & Poors warning of a rating downgrade owing to the risks posed by the country's widening external deficit.
The New Zealand Institute of Economic Research survey, released on Tuesday, showed a net 64 percent of firms expected general business conditions to deteriorate in the next six months, while 3 percent of firms expected to reduce prices in the coming quarter.
Analysts said expectations were now for the Reserve Bank of New Zealand to cut its official cash rate by 100 basis points to 4 percent at the end of January, against earlier estimates of a half point easing.
RBC Capital Markets strategist Sue Trinh said the S&P announcement suggested downside risk to her already aggressive forecast for the cash rate to hit 3 percent by mid-2009.
The overnight-indexed swap had discounted that scenario, she said, adding "this doesn't necessarily mean that the market will stop pushing rates lower".
New Zealand bank bill futures <0#NBB:> showed markets pricing in 90-day yields at 3.38 percent, a 100 basis points below actual yields on Thursday. The OIS market showed one-year rate expectations at 3.08 percent.
ANZ-National Bank markets economist Khoon Goh said the survey had caused the across-the-board rally in bills and futures, thereby driving down yields.

Note from Forex Justice

2009-01-14T23:38:00.000-08:00

We have not received a comment or response from this company.

Note from Forex Justice Thursday, 15 May 2008
We have received a negative review for this company that matched a previously submitted negative review but with different aliases. Our research has determined that the source of these reviews are identical and we have removed both reviews from our system.

The U.S. Dollar Set to Decline Further?

2008-12-31T18:40:00.000-08:00

U.S.: more rate cuts ahead?

The Federal Reserve has 50/50 chance to cut rates again by 50-25 basis points during this week meeting, as the worst economic recession since 1982 is permeating various levels of the U.S. economy. November mild inflationary numbers support a new rate cut decision. The Producer Price Index slid in fact for the fourth straight month by 2.2% and it rose only 0.4% annually. While inflation is contracting, the job data continues at the contrary to deteriorate to the 26-year high. For the week ending December 6th, payrolls jumped to 573,000 (530,000 expected) from 515,000 registered the previous week. The more stable four weeks moving average is now at 540,000 from 526,000, the highest level since 1982. In effect, after the financial institutions, the credit crunch is hitting consumers and the negative trend should continue for next year as well. In November, retail sales fell 1.8% (-2% expected) from October’s -2.9%, mostly due to a reduction of car sales.

Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. He has been an active professional since 1990 working for major international financial companies. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.

U.S.: low interest rate scenario for now

2008-12-30T18:38:00.000-08:00

U.S.: low interest rate scenario for now

With a strong move, the Federal Reserve overcame expectations last week and cut interest rates by 75 basis points to 0.25%. Rates should stay low for most part of 2009, since the Fed confirmed its desire to restart the economic growth in the shortest period of time. In effect, recession has worsened in the final part of 2008: more people are out of work, consumes are slumping and housing downtrend continues. In November, housing starts fell almost 19% month on month and are down 47% on a yearly basis by an estimate of the Commerce Department. Permits declined almost 16% and more weakness is expected in the near future. As a result, the Gross Domestic Product (GDP) could slump again in the last three months of 2008, probably more than the tiny move registered during the previous three months.

Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. He has been an active professional since 1990 working for major international financial companies. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.

Today's Best Stocks To Trade!

2008-12-29T18:33:00.000-08:00

Free Research Report
Two Simple Rules To Trade Short Term PowerRatings

If you focus on PowerRatings, Entries and Exits may possibly be the most important part of learning how to build profitable trading strategies. We published detailed research showing how you can potentially maximize your edge.

PowerRatings simulated results are based upon a holding period of five days. If a stock had a PowerRating of 10, its simulated returns are based upon buying a stock on the opening and exiting the stock five trading days later. But, as we will teach you here, one can dramatically improve the simulated returns by adding two simple trading rules.

3 Ways to Trade Forex News

2008-12-28T18:31:00.000-08:00

Surely a comprehensive survey of every user of every currency is impossible. However, there are ways to aggregate and access some information in one place. This is the purpose of news and announcements. News comes from a variety of sources--both commercial and governmental. In the Forex, an emphasis is placed on the value of information or news from government sources. This is fine and is certainly a location on which I place a lot of my own attention, but commercial sources and general investor commentary can do a lot to improve your trading as well.

The purpose of this article is to provide some basic step-by-step methods you can employ today to take advantage of forex news in the market. I have some experiences that I will share to show how you can find some great trades and how you can identify the duds before they become real bombs in your portfolio. The examples I am using in this article are not the only possible trades available. There are a variety of events each month that can be used to time a good trade. It is useful to watch ongoing news stories that are currently dominating the headlines and minds of investors to identify trading opportunities. The significance of one piece of news over another will change over time. An easy gauge to tell what is important and what can be minimized is the news coverage itself. If one piece of information or speculation about that information is dominating the scene, then it is clearly something you need to be aware of.

As we proceed through this article, I will share some rules that I have used in the past to profit from news events. However, I think it is somewhat foolhardy to rely completely on a set of rules established in the past. Adjusting your price targets and stops to market volatility and your own risk tolerance is very important. Similarly, while I consider myself a swing trader--willing to hold a position for between 2-3 days and 2-3 weeks--there is a lot of room for good day- or shorter-term traders and long-term traders as well. I will periodically take some very short-term trades around a specific announcement, and I will share those circumstances with you in this article. Understanding the news is very important for every trader, especially those looking at the long-term play. In my book, Profiting with Forex, I spend a great deal of time illustrating the long-term effects of fundamental changes on the Forex.

Before we begin diving into specific strategies, it is important to accumulate our arsenal of trading weapons. Two of the strategies I will be discussing rely on the use of an outright long or short position. You could take this position in either the spot Forex market, which most of you are probably using, or in the exchange-listed currency futures market on the CME. The third strategy begins diving into the world of options. For those of you familiar with equity options, currency-futures and some spot Forex dealers offer similar instruments for trading. Recently exotic, single-payment and binary options have also become popular. I will refrain from going into too much detail here and instead just pick one type as an example. Check them out on your own, and see how they work for you.

Example #1

The first technique I have to share comes with a couple of tips. First, I have found that news that involves the U.S. dollar usually has the biggest impact on the market as a whole. I am sure most traders are already aware of this, but with very few exceptions they tend to be the most closely watched by the greatest number of participants. Each month there are some ï'hotï' news announcements, one of which is the unemployment report, which is released on the first Friday of each month. The trick with this, however, is that the largest moves are usually made when the numbers miss or beat expectations. But be careful. The correction usually happens very quickly. I use an easy technique to get me into the market before the move occurs with a generous stop and limit order on the other two sides of the trade.

Forex News Trader

2008-12-27T18:30:00.000-08:00

How do the majority of profitable Forex traders truly profit in the FX market? One way… they trade the news!
Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each year.
Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.
Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade - as the odds will now be tipped in your favor.
Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.

KEY FEATURES OF ACETRADER:

2008-12-26T18:23:00.000-08:00

KEY FEATURES OF ACETRADER:

Intra-day Strategies

Up-to-the minute update around the clock
Provide users with our views and recommendations at that moment
A unique 20-30 pips range forecast for close monitoring of the intraday movements
Aim at quick 30-45 pips profits trades throughout the day for intra-day traders

Daily Strategies

Updated 3 times a day with interim up-to-the minute special updates
Provide users with our views and recommendations at that moment
Aim at 60 - 90 pips overnight trades for position traders

Sound Alert

Sound alert is now available in AceTrader. You don't need to be 'glued' to the screen any more. Whenever there is a change in Strategy/Entry Level, Position, Objective or Stop-Loss, you'll hear a beep sound. You can focus on something else and check us out only when you hear the alert.

Weekly Strategies

Updated every Monday to give a forecast and trading recommendations for the week.
Specially designed for position traders looking for bigger moves of 100 points or more.

Medium Term Outlook

Monthly forecast
Gives an overall market overview of one month and slightly longer

Daily Technical Outlook

Provides detailed analysis of USD/YEN, EUR/USD, USD/CHF and GBP/USD every day, highlighting important support and resistance levels, retracement and projection analysis, and technical indicators used in forming our trading recommendations.
With this, you'll know what is likely to happen during the day and what to expect next when a certain support or resistance is broken.

Elliott Wave Analysis

Bi-weekly detailed explanation of Elliott wave count of the selected major currencies
Includes Larger Degree Wave Count

PERFORMANCE TRACK RECORD

Performance in 2006

GBP/USD is Trying To Base?

2008-12-25T23:06:00.000-08:00

As the economic numbers are worsening in the U.S., the Federal Reserve might cut rates again in one the coming meetings. The U.S. dollar, in the mean time, appears to be topping against major currencies.

Advertisement

The economic growth is worsening in the U.S.

Economic numbers are worsening in the United States, as consumes are contracting, housing has not found a bottom yet and unemployment is rising. So, in an effort to stop what appears to be landslide, the Federal Reserve could lower rates again in one of the coming meetings. In November, payrolls declined by 533,000, while October’s data was revised to 320,000 from 240,000 and September’s to 403,000 from 284,000. Unemployment rose 0.2% month-on-months to 6.7%, from 6.5% in October which represents the highest level of the past 15 years. Like the previous months, job losses were broad based and only the government sector added new positions. In reality, the deep economic contraction is permeating various levels of the U.S. economy. Factory orders, as an example, slumped 5.1% (-3.0% expected) in October, the worst down move of the past eight years, after sliding 3.1% in September. Demand for durable goods declined 6.9%, while non-defense capital goods excluding aircraft, an indicator for capital spending, slid 5.0% after falling 3.4% in September. Since a few months, both the manufacturing and the service industries are in steep downtrend and more weakness is expected in the near future.

Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. He has been an active professional since 1990 working for major international financial companies. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.

This article contains the following sections:

# The economic growth is worsening in the U.S.

# Europe: a bold rate cut, more are coming

# GBP/USD: a strong rebound is possible?

About AceTrader

2008-12-25T18:21:00.000-08:00

About AceTrader

As the Internet operation arm of Trendsetter Financial Markets Limited, AceTrader provides 24-hour realtime forex trading recommendations and market commentaries to online traders through our website. These trading recommendations and market commentaries were originally available to institutional traders through Reuters network only. Now it's available to all individual online traders.

We provide genuine real-time forex market commentaries and trading recommendations to both Reuters and Internet users. Led by world renowned technical analyst, Wilson Leung, we have a team of 7 analysts monitoring the market and updating our recommendations and commentaries 24 hours a day. Wilson Leung has over 20 years of experience in forex market. He is a regular speaker at Technical Analysis seminars all over the world and has conducted over 100 such seminars with Reuters for forex traders in Asia, Continental and Eastern Europe, Scandinavia, CIS and the Middle East.

Our key strengths are:

Precise Recommendations
No-nonsense clear-cut recommendations that include specific entry, stop, target levels.
Full coverage of the market
As long as the market is open, we're there providing insights to you.
Real-time updates
Foreign exchange is a fast market, with real-time being the vital ingredient for success; analysis from an hour ago can sometimes become useless.
Multi time-frame recommendations
To profit from the market, one needs to know the short term, medium term and long term trend. Providing intra-day, daily, weekly and medium term analysis and recommendations is our unique feature.

Recession Fears and China's Loaded Bailout Dampens US Economy

2008-11-12T22:00:00.001-08:00

Recession Fears and China's Loaded Bailout Dampens US Economy

The U.S. Dollar regained its losses after the initial optimism regarding China's economic package had quickly faded. Many European currencies also lost ground after it unveiled its $600 billion bailout plan. While this package was a step in the right direction, it may not be enough to prevent the rapidly approaching recession.

Forex Market Trends

	EUR/USD	GBP/USD	USD/JPY	USD/CHF	AUD/USD	EUR/GBP
Daily Trend
Weekly Trend
Resistance	1.2834	1.5775	98.89	1.1878	0.6793	0.8189
	1.2800	1.5742	98.59	1.1855	0.6770	0.8167
	1.2769	1.5710	98.35	1.1834	0.6748	0.8146
Support	1.2704	1.5650	97.84	1.1786	0.6205	0.8100
	1.2671	1.5619	97.60	1.1762	0.6184	0.8079
	1.2639	1.5589	97.33	1.1740	0.6162	0.8057

Economic News

USD - Chinese Economic Stimulus Package Boosts the US Dollar

The greenback has rebounded against the EUR after it initially dropped earlier to an intra-day high of $1.2925 in late New York trading. The U.S. Dollar gained after the initial optimism regarding China's economic package had quickly faded, ending the day at 1.2737. China launched an economic stimulus package on Sunday worth nearly $600 billion, and the market's initial reaction to the announcement in China was very positive and gave some support to investors seeking to take on more risk. As a result of the reduced risk aversion, the Dollar ended the day up versus the EUR.

However, China's plan may not be enough to help avert a global recession. Some analysts said that though the initiative from China was a step in the right direction, it was unlikely to provide an immediate fix to the struggling global economy. Some parts of the program have already been announced, such as tax breaks for exporters and property developers. Other parts, like the spending for the reconstruction of Sichuan province from the recent earthquake, will simply be front-loaded. China, like many countries, including the U.S., Japan, Germany and the UK, is also supplementing its monetary accommodation policy with fiscal steps.

Some analysts predict that the USD could be the main beneficiary of China's stimulus package. Because China is a key driver of global growth, it might lead to some recovery in market sentiment. Nevertheless it remains to be seen how much of this plan is followed through, which sectors get the additional spending, and most importantly, whether that translates into improved quarterly growth. Much concern remains among investors that China still has to take more drastic action in order to tackle the economic crisis, since even this huge package will not likely prevent the global recession and markets remain jittery with ongoing worries about a global economic slowdown.

Due to national holidays, U.S., Canadian, and French banks will be closed today. Today's trading could potentially see high price volatility or extremely low volatility. Large banks are the primary market makers in the currency markets. Traders may be able to take advantage of the added volatility in their trading practices today, as large price swings may be seen if volatility arrives.

EUR - EUR Rises Early but Loses its Gains to USD

Yesterday the EUR climbed roughly 1.4% against the dollar to a session high of $1.2925, only to finish the day down, shedding 150 points The GBP also rose throughout the day versus the USD, climbing 0.8% to 1.5870, but in the last hour of trading, gave back its gains to end the day down 169 points. The currencies lost ground after China, one of the world's biggest contributor to growth, unveiled a $600 billion plan to stimulate their economy.

In the past few months, several countries around the world have been slashing Interest Rates to buffer their economies against the negative impact of the global downturn. The Bank of England (BoE) shocked markets last week by lowering its benchmark rate to 3.0%, while the European Central Bank (ECB) cut Interest Rates by 0.5% to 3.25%. ECB President Jean-Claude Trichet announced yesterday that receding inflation may allow central banks to further reduce Interest Rates to tackle the economic slowdown.

Today the ZEW Economic Sentiment is being released. This data will likely show that an index of German investors' and analysts' expectations decreased this month, which is an indicator that the overall sentiment in Europe is deteriorating. Perhaps this will offer more reasons for the ECB to cut Interest Rate even further.

For now the currency markets remain tense, with ongoing worries about a global recession ensuing and any recovery in risk appetite remains tentative. Investors expressed concern that even China's huge package will hardly prevent the global recession. Therefore the EUR/USD may end its current correction phase with a break to the downside.

JPY - JPY Back on the Rise from Weakened Carry Trades

The Japanese currency advanced against the EUR on speculation that the world's biggest economies will contract, prompting investors to sell higher-yielding assets and pay back loans in JPY. Investors have been reducing carry trades, where they obtain funds in a country with low borrowing costs and buy assets where returns are higher. Japan's 0.3% target lending rate is the lowest among major economies.

The Yen also rose against the Dollar as Asian stocks extended losses on concern a recession will reduce corporate earnings. It gained to 97.78 against the Dollar from 98.00. The market's current sentiment seems to be in favor of further Yen gains. A weak stock market causes a reversal in risk trades, which is supportive of the JPY. The EUR is vulnerable because the economic outlook points to lower Interest Rates in the future. Analysts forecast that there is a possibility that the Yen could rise to 97.30 per Dollar and 124.20 against the EUR in today's trading session.

Oil - Saudi Arabia Comes in Line with OPEC; Cuts Production

Crude Oil prices rallied earlier on Monday as China's launch of a near-600 billion Dollar economic stimulus plan offset concerns about the global economy. The price of Crude Oil also rose 2% following Saudi Arabia's announcement that it will cut its Oil production. Saudi Arabia told refiners in Asia that it would cut December supplies by 5%, signaling its adherence to an OPEC plan to cut output across the board. Signs that Saudi Arabia was making good on the OPEC deal helped give beaten-down Oil prices a brief boost last week, but by Friday they had fallen back to below $60 a barrel for the first time in a year-and-a-half.

Oil prices plunged more than $80 from a record $147.27 a barrel in July as U.S. fuel use slumped to the lowest in nine years. Moreover China's economy, which is one of the largest Oil consuming nations, is expanding at the slowest pace since 2003 as the credit crunch spread to the world's fastest-growing energy consumer. As the threat of the worst economic recession since World War II continues to destabilize fuel consumption, the International Energy Agency (IEA) may cut its 2009 Oil demand forecast for a third month in a row. The IEA already cut its 2008 forecast about 1.3 million barrels a day in seven revisions this year. OPEC cited falling demand for its Oct. 24 decision to reduce production by 1.5 million barrels a day. OPEC forecasts 87.2 million barrels a day, the same as the IEA's assessment and is scheduled to release its monthly report on November 17.

10 Profit Boosting Tips To Increase The Success Of Your Affiliate Program

2008-11-10T23:55:00.000-08:00

category : Business:Affiliate-Revenue

1. Develop credible, benefit rich ad copy, along with a well designed site to increase your sign ups, and also your affiliates' conversion rates.
2. Submit your affiliate program to directories that list affiliate programs.
These directories attract lots of people interested in joining affiliate programs, and will increase your sign ups by giving you good ongoing promotion of your affiliate program.
3. Pay your affiliates well for promoting your products.
Offering your affiliates a high commission rate for their referrals of your products will increase the number of affiliates that join your affiliate program and also help you to better compete with other businesses for affiliates.
To make your affiliate program even more appealing to your visitors, pay residual commissions if you sell a product or service that your customers pay for on an ongoing basis such as webhosting or access to your private members only site.
In addition, you can increase your sign ups by making your affiliate program two-tier, where your affiliates earn commissions on their own referrals and also on the referrals of affiliates they've personally referred to your affiliate program.
4. Track the sales you get from your affiliates fairly and accurately.
Track phone orders and mail in orders. Only offer payment options to your customers that your affiliates will get paid a commission on if they refer that customer to you.
In addition, pay your affiliates promptly for the sales they refer to you. Don't make your affiliates wait months to receive their checks from you or set minimum payment requirements that are too high for the majority of your affiliates to meet.
5. Provide your affiliates with resources that they can use to get more sales of your products such as ads, banners, button ads, and sample recommendations.
Also include promotional items such as marketing courses that your affiliates can use to promote your products or ebooks that they can rebrand with their affiliate URL.
If you write articles allow your affiliates to run these in their ezines or post them on their sites with their affiliate URLs in your resource box.
6. Answer any questions you get about your affiliate program from your visitors or affiliates as quickly as you can.
Remember that nothing will turn your visitors or affiliates off of your affiliate program faster than an unanswered email. Strive to answer all your emails quickly and in a professional and friendly manner.
7. Provide ways for your affiliates to network with each other.
You could provide a message board or chat room where your affiliates can interact with one another, and learn more about how to successfully promote your products.
Your message boards or chat rooms will also provide you with an excellent chance to show your support for your affiliates and to help them to get started marketing your products with your own tips and advice.
8. Give special recognition to your top earning affiliates by giving them bonuses for the sales they bring you or by paying them a special higher commission based on their performance.
9. Publish an affiliates only newsletter.
Your newsletter will help you to successfully provide your affiliates with tips and techniques that they can use to get more sales of your products.
Publishing your newsletter will also help you to keep your affiliates up to date on any new products you've added that your affiliates can promote, and can help you to increase your profits by notifying your affiliates when you're running a special sale or promotion.
10.Show your appreciation of your top affiliates by mentioning them, their sites, and strategies they use to promote your products in your newsletter.
This will provide you with an effective way to increase their loyalty to your program while providing your other affiliates with excellent tips and strategies for them to use to successfully promote your products.

10 Essential Steps You Need To Take To Succeed With any Affiliate Program

2008-11-09T23:51:00.000-08:00

category : Business:Affiliate-Revenue

After you have joined an affiliate program, there are several crucial steps you will need to take in order to succeed. Without taking the steps outline below, your chances of succeeding will be limited. By simply following these guidelines, you will be able to increase your affiliate commissions and earn some money you can live on.
A lot of people fail with affiliate programs because they do not have the necessary affiliate program information.
Generally, the best way of succeeding with affiliate programs in to choose a niche; create a useful and content-rich and keyword-rich website on the specific topic of your niche, and add in your affiliate links and AdSense ads.
So what is the critical affiliate program information you will need to know, and the steps you need to take for you to succeed with your affiliate program?
1. Set your objective of how much you want to earn. You will need a goal to work towards. How much do you want to earn per month? It also helps to visualize what you want to achieve with this goal. Pay off your car? A holiday? You must start with an achievable amount, and gradually increase this amount.
2. Find a niche that suits you and your interests. Your business is a long term commitment, thus you will need to get involved with an affiliate program in a niche that interests you. The internet is full of affiliate program information; make an effort to do your research and find the best niche to suit your interests.
3. Select a lucrative niche. You will need to have affiliate program information about how profitable any opportunity you are interested in will do. Your goal is to make money, and you need to establish how profitable your business will be. The internet has information about profitable niches, and you will need to know these before you decide the best opportunity for you.
4. Another critical affiliate program information you will need to have is the reputation of the affiliate merchant. You need programs with good reputation and high quality products or services that will be easy to sell.
5. Create a useful, motivating, content-rich and keyword-rich website which search engines will pick. Offer some free tips and tools on your site; make your visitors want to come back to your site. This is very critical because more visitors to your site mean more sales and more money for you.
6. Place AdSense on your site. If you have a website with a lot of visitors, you can easily earn some money from AdSense.
7. Get Links. This is very important affiliate program information you will need to always remember. Linking to other sites will help improve the ranking of your site. One way links are more important that reciprocal links.
8. List your website in major and niche directories.
9. Write and distribute articles. This strategy extremely essential; and it is a cost effective way to market your affiliate program.
10. Be Patient! It normally takes a few months of consistent effort before you can start to see any benefits. Do not be discouraged, do not give up. Your efforts will start to show after about three months as search engines will start to send traffic to your website.
Outlined above is crucial affiliate program information you will need to know if you want to succeed and make some money as an affiliate. By simply following the recommendation above, you will see your affiliate growing gradually.
A lot of people fail because they do not have the important affiliate program information they need and the guidelines on how to succeed. As a result, they do not know how to earn any money or increase their affiliate checks. These steps can help you increase your earnings.
Jeff Casmer is an award winning entrepreneur, keynote speaker, and internet marketing consultant with career sales over $25,000,000. He is currently featured as a "Top" Affiliate of ThePlugInProfitSite. His "Top Ranked" Earn Money at Home Directory gives you all the information you need to start, maintain, and prosper with your very own Internet Home Based Business in the 21st century.

By : Jeff Casmer

BoE's King-MPC can offset some external shocks

2008-10-30T23:37:00.000-07:00

LONDON, Oct 22 (Reuters) - The Bank of England can adverse some of the appulse of alien factors hitting the British abridgement through absorption amount decisions, Governor Mervyn King said in an account appear on Wednesday.
King said in a accent on Tuesday that Britain was apparently entering into a recession. Earlier this ages the BoE cut ante to 4.5 percent from 5 percent in co-ordinated activity by axial banks to accouterment the banking crisis.
'What we can do on the Monetary Policy Committee is to change Bank Amount to account some of those shocks,' King said in an audio account on the Yorkshire Post website.
King said aggrandizement could abatement aback to its two percent ambition 'possibly able-bodied before' the two-year anticipation horizon.
'Over the next two years or so, the Monetary Policy Committee will accomplish abiding that we get aback to a position in which aggrandizement is abutting to the ambition and bread-and-butter advance can resume at a accustomed basal trend rate.' Keywords: BRITAIN BANK/KING/RATES

UPDATE 2-BoE offers few clues on ultimate scale of rate cuts

2008-10-29T23:35:00.000-07:00

LONDON, Oct 22 (Reuters) - Yields on 2-year gilts fell to
their everyman in 5 years on Wednesday and absorption amount futures
rallied as investors bet a black accent by Bank of England
Governor Mervyn King meant added amount cuts are on the cards.
Minutes to the BoE's Oct. 8 meeting, appear Wednesday,
showed the nine-strong Budgetary Action Committee voted
unanimously for this month's globally co-ordinated 50 basis
point emergency cut in absorption rates. For abounding story, bang on
And analysts account added reductions are likely, possibly
as aboriginal as next month.
That appearance depressed yields on 2-year gilts by 21 basis
points to 3.20 percent, the everyman back 2003, according to
Mohet Kumar, a architect at Deutsche Bank.
By 1238 GMT, the December continued bizarre approaching climbed
70 ticks to 111.35, while the agnate abbreviate admirable contract
was 6 ticks college at 95.42.
'Central bankers don't like to use the chat recession but he
(King) acclimated it. He states what everybody abroad knows but when
it's clearly declared by him it has annoyed the market,' said
Matteo Regesta, architect at BNP Paribas.
King said the UK abridgement was apparently entering recession,
but gave little abroad about the approaching aisle of budgetary policy,
noting the MPC still had to antithesis the achievability slower
growth would annoyance down aggrandizement adjoin the accident of top prices
becoming anchored in people's expectations. For story, bang on
* Dec continued bizarre 111.35 (+0.70)
* Dec abbreviate admirable 95.42 (+0.06)
* 2-year bizarre crop 3.20 pct (-21 bps)

UPDATE 1-Fed's Stern: US could face years of weak growth

2008-10-28T23:31:00.000-07:00

ESCANABA, Michigan, Oct 25 (Reuters) - The accepted U.S. bread-and-butter abatement could be worse than the 1990-91 recession, with advance aseptic for as continued as one to three years, a top Federal Reserve policy-maker said on Tuesday.
Gary Stern, admiral of the Minneapolis Fed, said, however, that it is still an 'open question' as to whether the accepted bazaar shocks will advance the U.S. abridgement into a archetypal recession -- or two afterwards abode of contraction.
'Financial shocks are aboriginal and foremost in the banking sector. Whether they are associated with or advance to recessions is an accessible question,' Stern said while answering questions afterwards a accent to the Bay Area Bread-and-butter Club in Escanaba, Michigan.
Stern predicted that acclaim bazaar functioning, bedridden afresh by acute accident abhorrence a part of banks, will advance 'gradually' based on the ambit of abutment measures allowable by the Fed, Treasury and all-around axial banks.
'I anticipate we are focused on the appropriate affairs now, and I do apprehend that altitude will improve.'
Stern said the government's arrangement of cher measures is key to attached bane from the affliction banking accident in decades to the broader U.S. economy.
'If the government had not intervened, the after-effects for the abridgement would accept been actual adverse,' he said.
Stern again beneath to animadversion on the angle for U.S. absorption ante accustomed a disturbing abridgement and contempo aciculate abatement in the aggrandizement outlook.
Financial markets angular to a cut of one-half allotment point in the Fed's criterion lending rate, to 1 percent from from 1.5 percent, at the Federal Accessible Bazaar Committee's action affair next Tuesday and Wednesday.
The Fed about tries to calibrate the fed funds amount to the average bread-and-butter outlook, but forecasting advance is difficult at present, he said.
Stern, the longest-serving bounded Fed president, is a voting affiliate of the policy-setting FOMC in 2008.
In animadversion agnate to those he fabricated endure anniversary in Houghton, Michigan, Stern anticipation 'further declines in application and benevolence in a lot of apparatus of appeal for appurtenances and services.'
Meanwhile, aggrandizement should abate now that the appendage in activity and article prices 'is allegedly abaft us,' he said.
The abridgement faces burden from the advancing abatement in home prices and top inventories of unsold houses, falling account payrolls, the abrogating abundance aftereffect of a falling banal market, and the abasement in acclaim availability, he said.
Stern has been a adept analyzer of absolution banks and added banking institutions become 'too big to fail.'
The accepted banking crisis has claimed victims from allowance behemothic American International Group to investment banks Bear Stearns and Lehman Brothers to Washington Mutual, the better U.S. accumulation and loan.
But Stern said ambidextrous with the too-big-to-fail affair was best larboard for times of banking tranquillity, and finger-pointing served no advantageous purpose appropriate now.
'Monday morning quarterbacking is consistently fun,' he said. 'Pursuing behavior to restore course to markets is the Fed's accomplished antecedence appropriate now.'

Aussie dollar up, bills belted by amount re-think

2008-10-27T23:30:00.000-07:00

SYDNEY, Oct 20 (Reuters) - The Australian dollar rose while bill futures fell acutely on Monday as investors scaled aback expectations for absolutely advancing amount cuts from the Reserve Bank of Australia (RBA) in the next few months.
The Aussie crept up to $0.7000 from $0.6884 backward in New York on Friday, aswell aided by a slight abatement in all-around accident abhorrence which saw stocks beyond Asia rally.
December bill futures sank 0.29 credibility to 95.150 afterwards an affecting RBA aloof wrote that a government advertisement endure anniversary of a A$10.4 billion ($7.2 billion) bang plan had lessened the charge for added abrupt cuts in absorption rates.
Investors had been appraisement in a cut of at atomic 75 base credibility in the 6.0 percent banknote amount at the RBA's next action affair on Nov. 4, but that has now appear aback to 50 base points.
They had aswell been angled ante abutting 3.75 percent by mid-2009, but that had appear aback to nearer 4.25 percent.
'In the accepted ambiance we aren't traveling to altercate too abundantly with bazaar appraisement for the banknote amount in the average of 2009,' said David Plank, a debt bazaar architect at Deutsche.
'We anticipate it appealing bright that the RBA will crop the banknote amount into stimulatory territory,' he added. 'But we do disagree with the market's appearance on the acceleration at which the banknote amount will abatement over the blow of 2008.'
Deutsche expects ante to end the year at 5.5 percent, afterwards one added cut of 50 base points, apparently in November.
The axial bank's own appearance may be a little clearer on Tuesday if Governor Glenn Stevens gives a accent on the abridgement at 12:30 message (0130 GMT).
The RBA aswell releases the account of its October action affair an hour earlier, the affair at which it cut the banknote amount by a affecting 100 base points.
Data on broad aggrandizement out on Monday provided addition acumen for the RBA to be alert on easing. Producer prices jumped 2.0 percent in the third quarter, alert what analysts accepted and the better acceleration back the alternation began in 1998 (see [nSYD366212]).
That ability beggarly there was a accident of a top account on customer amount inflation, due on Wednesday.
The RBA's key measures of amount aggrandizement are already apparent active about 17-year highs of 4.4 percent, able-bodied aloft its ambition of 2 to 3 percent.
Still, analysts doubtable this will be the aiguille for aggrandizement accustomed the contempo accelerate in article prices and expectations a looming all-around recession will prove deflationary.
In the band market, shorter-term futures were hit by the about-face of rate-cut expectations, while the long-end acquired as investors unwound some of their contempo bets on a steeper crop curve.
Three-year Australian band futures fell 0.050 credibility to 95.410, while the 10-year band arrangement added 0.065 credibility to 94.690.

Treasury Names James Lambright As Interim CIO For Financial Rescue

2008-10-26T23:29:00.000-07:00

The Treasury Department fabricated a about-face Wednesday, allotment James Lambright as the latest affiliate of the banking accomplishment aggregation rather than State Department Under Secretary Reuben Jeffery, who was originally slated for the position.
Lambright will be the acting Chief Investment Officer for the Troubled Asset Relief Program, allotment of the $700 billion banking accomplishment plan advised to abolish baneful mortgage-backed balance that are belief down banking institutions.
The Treasury declared Lambright's acting position as one that will "provide counsel" to both Treasury Secretary Henry Paulson and Acting Assistant Secretary Neel Kashkari.
Prior to abutting the banking accomplishment team, Lambright was the arch of the Export-Import Bank, a position he captivated back July of 2005. While there, Lambright oversaw 400 employees, forth with a $60 billion acclaim portfolio with $100 billion in costs capacity, the Treasury said.
Lambright replaces Jeffery due to a accommodation by Paulson and Secretary of State Condoleeza Rice that Jeffery should abide at the State Department in adjustment to participate in the accessible Leaders' affair on all-around banking markets.

NZ Central Bank Cuts Interest Rates 100-Basis Points

2008-10-25T23:27:00.000-07:00

The Reserve Bank of New Zealand Thursday bargain the country's official banknote amount by a record-setting 100 base credibility to 6.50 percent, and hinted at added cuts to come.
The move, appear in Wellington, was broadly advancing by economists, and comes as the nation tries to cope with a recession, top aggrandizement and a all-around credit/financial crisis.
Prior to Thursday's cut, the official banknote amount had never been bargain or added added than 50 base credibility in a individual move aback its birth in 1999.
In a account accompanying the decision, RBNZ Governor Alan Bollard said the move was fabricated in ablaze of bifold bread-and-butter problems. "Ongoing banking bazaar agitation and a breakable angle for all-around advance accept played a ample role in abstraction today's decision," said Bollard.
The move comes as New Zealand rides out an bread-and-butter recession forth with top inflation. Statistics NZ appear its customer amount basis for the September division was up 5.1 percent from one year beforehand and up 1.5 percent from the above-mentioned quarter.
Bollard's account fabricated it bright the Bank acquainted the country was in for a aeon of accountable bread-and-butter activity.
"New Zealand can apprehend to face lower appeal for exports and acclaim is acceptable to be beneath readily available," Bollard said. "In this ambiance consumers and businesses are acceptable to be added alert and abbreviate spending."
Bollard said the angle for anemic bread-and-butter action is accepted to drive aggrandizement aback down into the RBNZ's ambition ambit of 1 to 3 percent by mid-2009.
however, the RBNZ arch added that the OCR could be pushed lower if aggrandizement does not acknowledge as expected.
"Should the angle for aggrandizement advance as projected we would apprehend to lower the OCR further," Bollard said. "The timing and admeasurement of OCR reductions over the advancing months will depend on affirmation of absolute reductions in calm amount pressures as able-bodied as how the all-around banking developments play out."

European Economics Preview: UK Retail Sales, Eurozone Current Account Data Due

2008-10-24T23:25:00.000-07:00

Most of the above eurozone economies are accepted to absolution statistical abstracts on Thursday. Among the above reports, UK retail sales and the Eurozone accepted anniversary abstracts may boss the scene.
At 2.45am ET, the French statistical appointment INSEE is set to affair the after-effects of business aplomb survey. The business aplomb in October is anticipation to adulterate to 89 from 92 in the above-mentioned month. At the aforementioned time, French customer spending is aswell due, which is anticipation to bead 0.2% month-on-month in September, afterward a 0.3% abatement in August.
Thereafter, the Italian analysis convention ISAE is slated to absolution customer aplomb for October. The indicator is projected to abatement to 100 in October from 102.8 in the above-mentioned month.
In the meantime, few important letters are due from Sweden. The Swedish axial coffer is set to advertise its absorption amount decision. In a accommodating move, the Riksbank had bargain the amount by 50 base credibility to 4.25% forth with the US Federal Reserve, Coffer of Canada, the Coffer of England, the European Axial Coffer and the Swiss National Coffer on October 8.
At the aforementioned time, the ambassador amount base abstracts is due from the Statistics Sweden. Economists now apprehend ambassador amount aggrandizement to affluence to 3.1% annually in September from 3.8% in the antecedent month.
In July, the Eurozone accepted anniversary arrears stood at seasonally adapted EUR 1.7 billion. On an unadjusted basis, the arrears was EUR 1.1 billion. The European Axial Coffer is accepted to absolution the anniversary accepted anniversary antithesis abstracts at 4.00am ET.
In the meantime, Polish retail sales as able-bodied as the Italian non-EU barter abstracts are scheduled. After ascent 7.7% in August, Polish retail sales are anticipation to abound at a faster clip of 11.6% in September.
Half an hour later, the Appointment for National Statistics is slated to affair the UK retail sales data. Retail sales, which grew 1.2% month-on-month in August, are predicted to abatement 0.7% in September. Meanwhile, anniversary advance is apparent at 2%, down from 3.3% in August. At the aforementioned time, the UK mortgage approvals abstracts is aswell due from the British Bankers' Association.

Japan September Trade Surplus Y95.1 Billion

2008-10-23T23:19:00.000-07:00

Japan's commodity barter antithesis in September swung aback into the blooming afterwards a arrears in August airtight a band of 5 beeline months of crumbling surplus, the Ministry of Finance said on Thursday, continuing at 95.111 billion yen - down 94.1 percent on year from 1.609 abundance yen.
That was acutely lower than analyst expectations that alleged for a abatement of 33.9 percent for a surplus of 546.1 billion yen. That followed a revised 327.56 billion yen arrears in August.
Overall, imports soared 28.8 percent on year, the abstracts showed, while exports were up an anniversary 1.5 percent.
Energy sources were a ample agency for the access in imports. The aggregate of awkward imports was up 1.4 percent on year to 18.4 actor kiloliters, while the amount soared an anniversary 61.7 percent to 1.5 abundance yen. September imports of naphtha and gasoline imports were down an anniversary 2.7 percent to 2.2 actor kiloliters. LNG imports soared 10.8 percent to 5.9 actor tons, while atramentous imports fell 2.7 percent on year to 15.2 actor tons, the address said.
Exports to the United States plummeted 28.1 percent to 562.7 billion yen, down for a 13th after month.
Japan's barter with China saw a arrears of 247.18 billion yen, while barter with all of Asia resulted in a 672.4 billion yen surplus - down an anniversary 35.1 percent.
Trade with Europe was down 25.6 percent to a 371.3 billion yen surplus. Shipments to the European Union fell 9.0 percent to 980.0 billion yen.
Seasonally adjusted, the barter arrears was 33 billion yen in September - college than forecasts that alleged for a 1331.2 billion arrears and the downwardly revised 155.5 billion yen surplus in August.

Survivors Found After Boat Disappears Off Aleutian Islands

2008-10-22T23:28:00.000-07:00

The Danish krone belted down to 5.8568 adjoin the US dollar at 7:30 message ET Wednesday. This set the everyman mark for the krone back November 2006. Thereafter, the Danish bill acquired arena and its currently trading at 5.8308 adjoin the dollar, compared to yesterday's closing amount of 5.7997.
The Danish krone is called to the European bill back 1 January 1999. Prior to the addition of the euro, the Danish Krone was called to the German Mark. The advertence amount for the euro-krone brace is at

Daily Technical Outlook − Wednesday 10.15.2008

2008-10-15T03:44:00.001-07:00

EURUSD

Near term momentum remains bearish despite yesterday's rebound to 1.3770. The Euro has yet to build solid support above the 1.3690 mark in order to signal a change on the daily bias. Until then, rallies are expected to be sold, keeping the downside under pressure. However, key support which is seen at 1.3450 provides an intraday bullish view on current market conditions while it is intact. Below 1.3450 the decline should accelerate towards the 1.32 zone and below. Strong resistance is formed into the 1.3770-1.38 region followed by 1.3880 higher. Intraday studies are mixed. Current quote is 1.3613 @06:40 GMT

Support levels: 1.3540/50, 1.3500/10 and 1.3430/50.
Resistance levels: 1.3690/00, 1.3770/00 and 1.3880.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bearish

AUDUSD

The Aussie failed to hold its gains above the .7100 mark on yesterday but the retracement to .6875 doesn't fully affect the short term studies which are likely to turn on the upside if the pair manages to advance higher past .7100 and form a decent support. Resistance follows .7100 at .7250 and .7330/40. Important support is formed at .6875 and .6785 which is the 50% retracement of the last upward swing. Below these two support levels, downtrend should resume. Intraday studies are slightly bullish at the time of this report. Current quote is .7005 @06:40 GMT

Support levels: .6930, .6875 and .6785.
Resistance levels: .7100, .7250 and .7330/40.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bearish

EURCHF

Intraday resistance is seen at 1.5500 followed by 1.5560, 1.5615 and 1.5650/60. Support starts at 1.5425 backed by 1.5340. Intraday studies are bullish and will remain so while support at 1.5425 is intact. A sustained break of 1.5500 should extend gains past yesterday's high at 1.5555, aiming towards 1.5615. Current quote is 1.5465 @06:40 GMT

Support levels: 1.5425, 1.5400, 1.5340 and 1.5150.
Resistance levels: 1.5500, 1.5560, 1.5615 and 1.5650/60.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bearish

The U.S. Dollar Moving to the Line of Least Resistance

2008-10-05T11:24:00.001-07:00

After intense negotiations, Democrats and Republicans found an agreement over the U.S. government rescue proposal. Nonetheless, the financial markets are very prudent, as the plan must be voted by the House the Representatives and the Senate. The U.S. dollar, in the mean time, continues to consolidate in thigh range.

Government interventions almost completed

As the tail (is it the tail?) of the financial crises is expanding deeply into the banking sector, the Federal Reserve and the Treasury department are making an enormous effort to get things going again. With the objective to decrease risks and to secure a smooth transition, the U.S. government announced that Goldman Sachs and Morgan Stanley would become deposit taking banking institutions. So, the only two remaining investment banks are becoming bank holding companies making and end of the private investment bank in the United States. In addition, the Bush's proposal for a USD 700 billion rescue plane is about to become a reality, upon congressional approval, after two days of negotiations between the Congress and the U.S. Government. The TARP (Trouble Asset Relief Program) deal is a systematic approach whose main goal is to provide liquidity to troubled lenders and to give some confidence to domestic and foreign investors. Especially, after Washington Mutual was considered unsound by the Office of Thrift Supervision, as panic withdrawals took place. The largest banking failure in the history of the United States, right after Lehman Brothers default, will surely leave some scars behind. JP Morgan will acquire its loan portfolio and banking operations for USD 1.9 billion. Nonetheless, uncertainty might depress the international demand for U.S. assets and weigh on the U.S. dollar over the long term.

Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. He has been an active professional since 1990 working for major international financial companies. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.

This article contains the following sections:

Government interventions almost completed

The U.S. economy is still in trouble

ECB's rate cut missing

EURO/USD: tight consolidation continues

Bush welcomes House approval of bailout bill

2008-10-05T11:21:00.001-07:00

Fri, Oct 3 2008, 18:26 GMT
http://www.afxnews.com

WASHINGTON, Oct 3 (Reuters) - U.S. President George W. Bush welcomed the passage of a $700 billion financial rescue package by the House of Representatives on Friday and promised to sign the bill into law as soon as he receives it.

"We have acted boldly to help prevent the crisis on Wall Street from becoming a crisis in communities across our country," Bush said after the House approved the bailout by a vote of 263-171, reversing its rejection of the bill earlier in the week that sent world stock markets reeling. Keywords: FINANCIAL/BAILOUT BUSH STATEMENT

Varghese Joseph

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Marketiva FAQs

2008-09-17T02:30:00.001-07:00

What is Foreign Exchange?
The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of approximately US$1.5 trillion. Foreign Exchange is the simultaneous bu ying of one currency and selling of another. The world's currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar or Dollar/Yen.

Where is the central location of the FX Market?
FX Trading is not centralized on an exchange, as with the stock and futures markets. The FX market is considered an Over the Counter (OTC) or 'Interbank' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network.

Who are the participants in the FX Market?
The Forex market is called an 'Interbank' market due to the fact that historically it has been dominated by banks, including central banks, commercial banks, and investment banks. However, the percentage of other market participants is rapidly growing, and now includes large multinational corporations, global money managers, registered dealers, international money brokers, futures and options traders, and private speculators.

When is the FX market open for trading?
A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.

What are the most commonly traded currencies in the FX markets?
The most often traded or 'liquid' currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and the Australian Dollar.

Is Forex trading capital intensive?
No. AlaronFX requires a minimum deposit of $5,000. AlaronFX allows customers to execute margin trades at up to 100:1 leverage. This means that investors to execute trades up to $100,000 with an initial margin requirement of $2000. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great. A more pragmatic margin trade for someone new to the FX markets would be 5:1 or even 10:1, but ultimately depends on the investor's appetite for risk.

What is Margin?
Margin is essentially collateral for a position. If the market moves against a customer's position, AlaronFX will request additional funds through a "margin call." If there are insufficient available funds, AlaronFX will immediately close out the customer's open positions.

What does it mean have a ' long' or 'short' position?
In trading parlance, a long position is one in which a trader buys a currency at one price and aims to sell it later at a higher price. In this scenario, the investor benefits from a rising market. A short position is one in which the trader sells a currency in anticipation that it will depreciate. In this scenario, the investor benefits from a declining market. However, it is important to remember that every FX position requires an investor to go long in one currency and short the other.

What is the difference between an "intraday" and "overnight position"?
Intraday positions are all positions opened anytime during the 24 hour period AFTER the close of AlaronFX's normal trading hours at 4:30pm EST. Overnight positions are positions that are still on at the end of normal trading hours (4:30pm EST), which are automatically rolled by AlaronFX at competitive rates (based on the currencies interest rate differentials) to the next day's price

What is the difference between liquidity and volatility?
Volatility is a statistical measure of a market's price movements over time. Volatility is high if prices change dramatically in a short period of time. Liquidity is a market condition that allows large transactions to be absorbed by the marketplace with little or no effect on price stability. With a daily trading volume that is 50x larger than the New York Stock Exchange, there are always broker/dealers willing to buy or sell currencies in the FX markets, thereby assuring liquidity.

How are currency prices determined?
Currency prices are affected by a variety of economic and political conditions, most importantly interest rates, inflation and political stability. Moreover, governments sometimes participate in the Forex market to influence the value of their currencies, either by flooding the market with their domestic currency in an attempt to lower the price, or conversely buying in order to raise the price. This is known as Central Bank intervention. Any of these factors, as well as large market orders, can cause high volatility in currency prices. However, the size and volume of the Forex market makes it impossible for any one entity to "drive" the market for any length of time.

How do I manage risk?
The most common risk management tools in FX trading are the limit order and the stop loss order. A limit order places restriction on the maximum price to be paid or the minimum price to be received. A stop loss order ensures a particular position is automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position*. The liquidity of the Forex market ensures that limit order and stop loss orders can be easily executed.

What kind of trading strategy should I use?
Currency traders make decisions using both technical factors and economic fundamentals. Technical traders use charts, trend lines, support and resistance levels, and numerous patterns and mathematical analyses to identify trading opportunities, whereas fundamentalists predict price movements by interpreting a wide variety of economic information, including news, government-issued indicators and reports, and even rumor.
The most dramatic price movements however, occur when unexpected events happen. The event can range from a Central Bank raising domestic interest rates to the outcome of a political election or even an act of war. Nonetheless, more often it is the expectation of an event that drives the market rather than the event itself.

How often are trades made?
Market conditions dictate trading activity on any given day. As a reference, the average small to medium trader might trade as often as 10 times a day. Most importantly, by not charging commission, AlaronFX customers can take positions as often as necessary without worrying about excessive transaction costs. How long are positions maintained?
As a general rule, a position is kept open until one of the following occurs: 1) realization of sufficient profits from a position; 2) the specified stop-loss is triggered; 3) another position that has a better potential appears and you need these funds. FOREX

I am interested in foreign exchange trading,
but would like some additional information.
Any suggestions?In The Forex Market section we describe the foreign exchange market in some detail. In order to gain a practical understanding of foreign exchange trading, there is no better way than to open a demo account, where you can experience what it's like to trade the Forex market without risking any capital.

Trading Terminology

2008-09-17T02:29:00.001-07:00

Specifics and Facts Trading Terminology

Traders often chat with one another about a variety of topics related to the forex market, giving their perspectives and discussing trading ideas and current moves on the market. While communicating with each other they often use slang to express their thoughts in a shorter form. You can read about the slang and other trading terminology in these pages.
EUR/USD: Euro / US Dollar is often called Euro;
USD/JPY: US Dollar / Japanese Yen is often called Dollar Yen;
GBP/USD: British Pound / US Dollar is often called Cable;
USD/CHF: US Dollar / Swiss Franc is often called Dollar Swiss, or Swissy;
USD/CAD: US Dollar / Canadian Dollar is often called Dollar Canada, or C-Dollar;
AUD/USD: Australian Dollar / US Dollar is often called Aussie Dollar;
EUR/GBP: Euro / British Pound is often called Euro Sterling;
EUR/JPY: Euro / Japanese Yen is often called Euro Yen;
EUR/CHF: Euro / Swiss Franc is often called Euro Swiss;
GBP/CHF: British Pound / Swiss Franc is often called Sterling Swiss;
GBP/JPY: British Pound / Japanese Yen is often called Sterling Yen;
CHF/JPY: Swiss Franc / Japanese Yen is often called Swiss Yen;
NZD/USD: New Zealand Dollar / US Dollar is often called New Zealand Dollar or Kiwi;

Intro FOREX Forex Market

2008-09-17T02:28:00.001-07:00

Intro FOREX
Forex Market

Forex (Foreign Exchange) is the name given to the "direct access" trading of foreign currencies. With an average daily volume of $1.4 trillion, forex is 46 times larger than all the futures markets combined and, for that reason, is the world's most liquid market. In the past, forex trading was limited largely to enormous money center banks and other institutional traders. But in just the past few years, technological innovations and the development of online trading platforms allow small traders to take advantage of the significant benefits of trading foreign currencies with forex.
In contrast to the world's stock markets, foreign exchange is traded without the constraints of a central physical exchange. Transactions are instead conducted via telephone or online. With this transaction structure as its foundation, the Foreign Exchange Market has become by far the largest marketplace in the world.

Currency pairs is a combination of two currencies by means of which display a rate of one of currencies in relation to another. The currency, costing the first in a combination, refers to the basic. The currency, costing in a combination, it is accepted the second names quoted. The exchange rate speaks about that, how many the quoted currency give for the basic currency.

Thus, rate EUR/USD 1.2879 means, that for 1 euro (EUR) give 1.2879 US dollars (USD). Rate USD/JPY means, that for 1 US dollar (USD) give 104.96 Japanese yens (JPY). By the way, quotations in international currency market FOREX are usually expressed by five--place number. Examples of currency pairs: * EUR/USD - euro / the American dollar;
* USD/JPY - the American dollar / the Japanese yen;
* GBP/USD - the British pound / the American dollar;
* USD/CHF - the American dollar / the Swiss franc;
* USD/CAD - the American dollar / canadian dollar;
* AUD/USD - the Australian dollar / the American dollar.The information on columns: * Currency - the name of currency pair
* Last - the size of last quotation
* Bid - the quotation on sale
* Offer - the quotation on purchase
* Change - a deviation of the quotation from daily average
* High - the maximal quotation for day
* Low - the minimal quotation for day
* Time - time of last change of quotation
* Open - the quotation at opening period
* Close - the quotation at closing the periodThe difference of quotations is usually measured in items - 1 item corresponds to unit of the younger category of number of the quotation.Having cluck on number in column Bid you can place an order on sale, and in column Offer on purchase of corresponding currency. The difference between quotations in these columns makes commission Marketiva (spread). That is for example, having bought and at once having sold (not waiting changes of the quotation), you will lose currency from 3 up to 5 items at work with primary currency pairs (that is, that are correlated with US dollar - USD). For secondary currency pairs this difference can make up to 12 (and can and more) items.Having cluck on button Subscriptions you can choose (to add, remove) those currency pairs, which quotations you wish to receive. Button Columns allows to choose columns which you wish to see in this window.Except for that in this window there is bookmark Latest News having cluck on which you can see the latest news and as to subscribe (unsubscribe) on (from) corresponding groups of news, which can as-or to affect a condition of the currency market so to help you with the analysis of tendencies of its change.

The first field I think clearly without comments. Buy/Sell - a choice of type of operation, you wish to buy quoted currency (euro) or to sell. Now very essential fields Price and Price Type. You have an opportunity to choose one of three types of the price:
Market (it is chosen by default - thus change of a field of the price is not accessible), will make operation at the price of which it is known at the moment of receipt of the application, operation is carried out immediately after receipt.
Limit (operation with restriction) - allows to choose a ceiling price on which you are ready to make purchase or minimal on which are ready to make sale. Operation is carried out after crossing border current by set you.
Stop (the stop of movement) - allows to wait changes of a direction of movement of the price. For example you wish to buy as it is possible more cheaply when the price will start to grow, but do not know where movement of the price will go. You can expose stop-warrant on purchase above the current price (if it was the Limit-warrant purchase would occur immediately). Now you wait where movement of the price and if the price continues to fall will go, correct the warrant on lower threshold, well and if the price will start to grow there will be a purchase. I.e. you have waited changes of a direction of movement of the price.Duration - validity of the application.Duration Type - a way of cancellation of the application (by default Good till cancelled - while you do not cancel the application). Good Till Date - remains it is valid before the date chosen by you. Immediate or cancel - the warrant will be immediately executed (if satisfies to other conditions) or is excellent.Quantity - quantity of currency. It is underlined in cents.Quantity Type - type of quantity, only completely (Full) or it is possible partially (Partial). Actually there is no difference what type of the sum you expose opening the warrant: Full or Partial. This option is given for other kind of actives and is not used at trade in the market Forex. It is possible to ignore it at trade.Exit Stop-Loss - the price at which you wish to close a position after performance of the warrant if the direction of movement of the price mismatches your forecast, i.e. with negative result of commercial transaction.Exit Target - the target price of end of the transaction. The price on which you plan to receive profit and automatically to close the transaction.Desk - you can choose Live Trading - real or Virtual Trading - the virtual account (for trainings).Text - simply comment for itself.

Technical Analysis

2008-09-15T02:24:00.001-07:00

Technical Analysis

Technical Analysis is probably the most common and successful method of making trading decisions and analyzing forex and commodities markets.

Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors. As fundamental data can often provide only a long-term or "delayed" forecast of exchange rate movements, technical analysis has become the primary tool with which to successfully trade shorter-term price movements, and to set stop loss and profit targets.

Technical analysis consists primarily of a variety of technical studies, each of which can be interpreted to generate buy and sell decisions or to predict market direction.

Support and Resistance Levels

One use of technical analysis, apart from technical studies, is in deriving "support" and "resistance" levels. The concept here is that the market will tend to trade above its support levels and trade below its resistance levels. If a support or resistance level is broken, the market is then expected to follow through in that direction. These levels are determined by analyzing the chart and assessing where the market has encountered unbroken support or resistance in the past.

Popular Technical Analysis Tools

Moving Averages (MA): Indicators used to smooth price fluctuations and identify trends. The most basic type of moving average, the simple moving average, is the average of the past x bars ending with the current bar;

Moving Average Convergence Divergence (MACD): Indicator that utilizes moving averages to identify possible trends and an oscillator to determine when a trend is overbought or oversold;

Bollinger Bands: Bands that are placed x moving average standard deviations above and below a simple MA line;

Fibonacci Retracement Levels: Indicator used to identify potential levels of support and resistance;

Directional Movement Index (DMI): A positive line (+DI) measuring buying and a negative line (-DI) measuring selling pressure;

Relative Strength Index (RSI): Momentum oscillator that is plotted on a vertical scale from 0 to 100;

Stochastics: Momentum oscillator that measure momentum by comparing the recent close to the absolute price range (high of the range minus the low of the range) over a period of x bars;

Trendlines: Straight line on a chart that connects consecutive tops or consecutive bottoms of prices and is utilized to identify levels of support and resistance;

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2008-09-12T03:59:00.001-07:00

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$1! EASY RICH,CHAT ROOM!& WITHDRAW IN 3 HR.FAST

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FOREX (FOReign EXchange market) is an international foreign exchange market, where money is sold and bought freely. In its present condition FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand. m aketiva
As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 1.5 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday.

The word FOREX is derived form Foreign Exchange and is the largest financial market in the world. Unlike many markets, the FX market is open 24 hours per day and has an estimated $1.5 Trillion in turnover every day. This tremendous turnover is more than the combination of all the worlds’ stock markets on any given day. This tends to lead to a very liquid market and thus a desirable market to trade.
Unlike many other securities (any financial instrument that can be traded) the FX market does not have a fixed exchange. It is primarily traded through banks, brokers, dealers, financial institutions and private individuals. Trades are executed through phone and increasingly through the Internet. It is only in the last few years that the smaller investor has been able to gain access to this market. Previously, the large amounts of deposits required precluded the smaller investors. With the advent of the Internet and growing competition it is now easily in the reach of most investors.

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FOREX MARKET TIME CHART
The FOREX market operates 24 hours/6 day per week.
The most active trading times are when 2 or more equity markets are open.

Trading Forex by Marketiva
On direct quotes you buy according to ASK and sell according to BID. With backward quotes, you buy according to BID and sell according to ASK .
Marketiva Marketiva Marketiva Marketiva Marketiva IndicatorMarketiva Marketiva MarketivaIndicator
Trading in the FOREX market is realized in lots. When you open a position, you can choose the number of lots you want from 1 to 10. One lot equals $ 100,000. The deposit sum for one lot will vary from $500 to $2000, depending on the credit leverage you choose. Leverage is a financial mechanism that allows crediting speculative transactions with a small deposit. We give you an opportunity to choose a credit leverage in the range of 1:200 to 1:25.maketiva
In the course of trading you can fix your profit or cut off your losses according to the commands LIMIT and STOP that have been set up.LIMIT is set up higher than the current meaning of the price.
STOP is set up lower than the current meaning of the price.With these commands the positions is closed without additional orders when the price reaches the agreed level.

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Recession Fears and China's Loaded Bailout Dampens US Economy

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Economic News

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Technical Analysis

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