Goldman Sachs - "Top Trade recommendations for 2013
No.Trade / Opening Level / Current Level / Target / Potential Return (%) / Stop / Annual volatility
1 Short AUD/NOK 5.90 5.95 5.00 18 6.35 9.1
2 Long risk on CDX HY 506 bp 468 bp 450 bp 5 550 bp 5.7
3 Long Commodity Carry Basket 100.0 98.0 112.0 12 94.0 15.0
4 Long Spanish 5-yr Sovereign Bond 4.29% 4.31% 3.50% 8 5.50% 12.0
5 Long Large Cap US Banks 49.0 49.5 58.0 18 44.0 23.0
6 Long Current…Continue
Added by Francesc Riverola on December 16, 2012 at 12:37pm — No Comments
UBS - "(...) The Fed's new policies are likely to keep the dollar constrained as the new year starts but will support the currency in 2013 as the US economy keeps recovering. That means the greenback is likely to stay at current levels of 1.30-1.32 against the euro for now but recover back to 1.15-1.20 next year.
(...) In our last comment here for 2012, the key points for currencies are:
- new Fed policies tempering dollar for now, to bolster it later
- ECB watchers should…
Added by Francesc Riverola on December 16, 2012 at 12:00pm — No Comments
GBP/USD looked sharp this week, climbing 130 pips, to close at 1.6171. The upcoming week is quite busy, with 12 releases. Highlights include CPI, Retail Sales, Current Account and Public Sector Net Borrowing. Here is an outlook of the upcoming events, and an updated…Continue
Added by Yohay Elam on December 16, 2012 at 10:30am — No Comments
Some members ask me to explain the extended divergence(s), since it was not easy to explain that in 2 words or in a message,so I've written this thread hoping that everybody benefits from it!
A regular divergence is used as a possible sign for a trend reversal,if the price is making lower lows,but the oscillator- in our example RSI - is making higher lows , then we have regular bullish…Continue
EUR/USD had an excellent week, touching levels last seen in May. At critical resistance, will we see a follow through or a bounce? German Ifo Business Climate is the highlight of this week. Here is an outlook on the main market-movers this week.
Added by Yohay Elam on December 16, 2012 at 8:39am — No Comments
We are not in the era of 70’s or 80’s. In the early 70’s USD was clobbered as President Nixon decided to cancel the direct convertibility of USD to gold fixed at USD 35 per troy oz that essentially ended the existing Breton Woods system of international financial exchange.
If you go back to the 80 era, the European growth was lackluster ranging between 1% to 2%. Until 1990 Japan’s economy commonly known as “Miracle Economy” lost its gloss, as the economy crumbled…
Recommendation: LONG positions above 1.3126 with 1.3212 & 1.3290 as next targets.
Alternative scenario: The downside breakout of 1.3126 will open the way to 1.3040/1.2970.
Comment:.Last week the pair formed one of the strongest bullish pattern after breaking above 1.3126 levels, eyes will be on 1.3212 and 1.3290 levels , only a daily close below 1.3126 will delay the bullish move and reverse…
What Forex Target Traders See: We are currently sitting @ 1.3172 after an impressive upside move. We are right at the day chart trend line so traditional wisdom says look for the bears. We are not so sure! Wave 2 was very shallow so that may lend credibility that this is only wave 3 of the up move so it is prudent to prepare for a breakout and trade the longs or the short once it is proven. Expecting a pullback at current levels and then continuation to the upside…Continue
BBH - "We expect the dollar to remain in broad trading ranges against the euro and sterling. The prospects of more aggressive expansion of the Fed’s balance sheet and the protracted fiscal cliff self-created crisis, even as Europe muddles along, could see the dollar begin 2013 in a softer phase. This could see the euro trade toward $1.35 and sterling toward $1.65. We look for the dollar to recover subsequently. We anticipate the US economy will strengthen after Q1 and that the European debt…Continue
Added by Francesc Riverola on December 15, 2012 at 1:19pm — No Comments
An inside view into the gold bullion vault of The Bank of England,
which stores about $315 billion worth of gold.
Click on the Gold for more.
Added by Ron Schelling on December 15, 2012 at 11:36am — No Comments
USDCHF: With its one-week recovery reversed the past week to close lower, further price extension is likely to occur in the new week. This development leaves the pair targeting the 0.9041 level where a breach will turn attention to the 0.9000 level. Price hesitation may occur here and turn the pair back up but if taken out, it will aim at the 0.8929 level. Its weekly RSI is bearish and pointing lower supporting this view. On the upside, it will have to return above the 0.9382 level to annul…Continue
Added by fxtech on December 15, 2012 at 11:00am — No Comments
It has been over a year at the end of which my efforts to become a confident and profitable trader have not yielded the desired results. I think that part of the problem is that there is no quality control or accreditation process that helps retail traders identify a good quality service provider. Practically anyone with some knowledge and ability to recording videos can become a trading coach or tutor. Many people actually are just that, or should I say a majority of these trading courses…Continue
doji break for 1.3260 strong resistance and bear is looking 1.3260
bear attack at 3260 bull gonna weak…Continue
Added by Ashish Agarwal on December 14, 2012 at 6:05pm — No Comments
++ Market sentiment can tell you "something".
When someone still thinks the Market Sentiment is not important or not useful, then the same means they thinks all states do not require Department of Intelligence. How accurate of Market Sentiment is similar to Department of Intelligence. It is a pair of ears and eyes to hear and see more faster. Speed is one of most important factor for a better attack (open trades) and defense (floating with safer margin), with fewer…Continue
Bank of America Merrill Lynch - BofA Merrill Lynch analysts outlined 10 macro calls on which they are basing their 2013 outlook:
· The global economy grows 3.2 percent, gradually improving through the year, led by China and the U.S.
· Fiscal austerity in the U.S. and Europe offsets monetary stimulus from central banks.
· The U.S. housing recovery builds momentum.
· Flares, not wildfires in Europe.
· China should lead emerging market growth.
Added by Francesc Riverola on December 14, 2012 at 5:00pm — No Comments
hi guys... I have reinstated Vineeth membership as he has promised that he will offer his "amazing" EA to the community for free... told him that if he tries to sell something again he will be quicked out forever... if you see him selling, please report me asap.
A reminder of our Basic Rules:
1. Treat others the way you wish to be treated
2. Do not come to fish traffic to your site; Do not come…
Added by Francesc Riverola on December 14, 2012 at 3:41pm — No Comments
Different theories, explanations either sensible or not were spread over why risk-correlated currencies, indices and gold were under pressure following the Federal Reserve announcement of a fresh $45 billion of new long term treasury purchases, boosting its asset purchase program to $85 billion a month, expanding its balance sheet of over a trillion if the program extends for one year; what if the economy doesn't not improve is it going to continue pumping a…Continue
Added by Luay Afouneh on December 14, 2012 at 3:30pm — No Comments
Danske Bank - "USD/JPY - Above 84.18 to confirm a multi-month base for gains to 93.35
Summary - Stay long or buy into any short-term dips for gains to 87.47 and 90.00. Further out, 93.35 expected. Place a stop under either 81.63 or key 80.63.
USD/PLN - Risks break of 9M triangle support to expose 3.0040/2.9160
Strategy Summary - Look to sell into near-term corrective strength for an eventual break under triangle support near 3.0835…
Added by Francesc Riverola on December 14, 2012 at 3:15pm — No Comments
Royal Bank of Scotland - "Sell GBP/USD, targeting 1.5050. stop 1.6640. Spot ref 1.6117
GBP benefited from its “relative” safe haven status from the Euro area stresses in 2012. The rebalancing of the economy has been significantly slower than expected and twin fiscal and current account deficits appear to present significant challenges to that safe haven status over the coming quarters. While the US has its own fiscal problems, current account dynamics are considerably…
Added by Francesc Riverola on December 14, 2012 at 3:06pm — No Comments
Bank of Tokyo-Mitsubishi - "USD/JPY – bullish bias – (82.00-85.00)
USD/JPY has just broken above key long-term technical resistance at just below the 83.0-level heading into the Japanese elections on Sunday. The technical break has opened the door for a retest of the intra-day high from the 15th March at 84.18. Yen selling is likely to remain in vogue heading into and initially following the election although scope for further near-term weakness is constrained by…
Added by Francesc Riverola on December 14, 2012 at 3:00pm — No Comments