http://www.pipprofit.com/forum/ Fri, 21 Nov 2008 08:44:22 -0500 MyBB http://www.pipprofit.com/forum/showthread.php?tid=13 Thu, 09 Oct 2008 18:26:32 -0400 http://www.pipprofit.com/forum/showthread.php?tid=13
Written by John Kicklighter, Currency Strategist

CFDTrading.com provides free news, trading resources, and market analysis to the trading community.

Direction for the Asian markets will be driven by a number of different factors. The most immediate ingredient for price action was the aggressive selling that didn’t’ pick up steam until the second half of the US session

Asia: Watch To Watch For

• Asian Stock Futures Mixed Despite US Guidance
• Will The US Stem The Financial Bleeding? Is This A Global Fix?

Asian Stocks Torn On Volatility After Big US Drop And Before Bailout Vote

Direction for the Asian markets will be driven by a number of different factors. The most immediate ingredient for price action was the aggressive selling that didn’t’ pick up steam until the second half of the US session – that suggests the turn in sentiment is relatively fresh and likely to carry over to the Asian markets. However, there is a greater damper for volatility looming just ahead. The US House of Representatives is prepared to vote on the second version of the bail-out bill for Friday. However, the market won’t have an answer as to whether the credit markets will find some relief mostly likely until the afternoon of the US session – well after the Japan and its fellow markets close. Taking on fresh positions before such a macro event would be inviting incredible risk. Therefore, volatility and direction will likely reflect investors hunkering down for a potential storm.

Nikkei 11,154.76
Futures activity shows the Nikkei 225 is set for a strong open; but the pace set by the US markets and a look to event risk ahead suggests this will quickly change. Japan itself has not macro data that would act as a good trigger for a broad reaction from shares. On the other hand, a look at the performance of the major US sectors shows the there will be considerable weights on some of the key sectors of the Japanese market – particularly in the financial sector. On the other had, the sharp drop in commodities may help to ease the pain, though its implications for growth probably mean more of a dour outlook for returns and business activity.

Hang Seng 18,211.11
After the mid-week holiday, the Hang Seng index came back with a bullish edge. This certainly will be difficult to sustain as the dominate bear trend reflects the overwhelming bias towards a global economic slowdown and ongoing uncertainty in the financial market. The Congressional vote following the Asian market close will likely encourage caution in the risk-sensitive finance and property indexes. Another consideration for price action will be the return of Chinese traders to the markets after an extended holiday. Regulators and policy officials in China may make a move to instill confidence in domestic markets rather than keeping them open to the whims of the US government.

S&P/ASX 200 4,761.10
Australia’s benchmark equities index is set for a sharp decline on Friday’s open. The ASX 200’s leverage in financial and resource producing firms will be a significant burden for the market. With the guidance of the sharp declines from US stocks, the risk aversion from the US session will almost certainly carry over to the Sydney. The banking and financial services group will come under pressure as investors try to reduce their exposure to any stocks that are will be highly leveraged against the bailout vote in the US - it is a long weekend to fret about gaps. Another major movers will likely be the mining and resource producing groups. Commodity prices plunged on North American exchanges, with oil down 4.6 percent and gold also tanking 4.7 percent.



US Session Key Developments

• Will The Bailout Making It Through The House This Time Around?
• NFPs Reminds Traders That Growth Will Be A Problem When The Crisis Is Past

Dow 30 Plunges Before Defining Event Risk

US stocks fell for a second day, but Thursday’s decline was far more aggressive than the modest dip from yesterday. The clear directionality from price action reflects the fundamental settings for the markets in these uncertain times. To begin with, volatility is still at outrageous levels (the VIX closed the day at 45.3 percent), which suggests that today’s decline was merely a taste of what can be driven out of price action going forward. Speculation was the name of the game for price action in today’s session. Of primary interest is tomorrow’s vote. Nerves are still frazzled from Monday’s reaction to a failed House vote on the first version of the proposed bail out bill (the biggest point drop on record for the Dow 30 and the worst overall drop since the 1987 market crash). Though the probability of an approved bill is looking far better this time around, that does not seem a risk many investors are willing to take. Beyond that risk, NFPs threatens to revive recession fears well before markets open for trading. The outlook for a third quarter contraction in growth is finding more and more support, so a ninth consecutive drop in employment will be a harsh reminder for traders already frazzled by the financial crisis.

Dow Jones 10,482.85 -348.22 -3.22%
Though the Dow 30’s drop was deep, the close left some buffer room from Monday’s near three-year low – certainly not enough to thwart a potential breakout given the market’s current level of volatility and tomorrow’s event risk. Reflecting the concern for the credit market and growing interest in a slowing economy, 26 of the index’s 30 component shares were in the red. Interestingly enough, the banking sector’s JP Morgan and consumer staple’s Kraft and Johnson & Johnson were all in the green. In fact, the banks and lenders were in the middle of the pact, while IBM, Caterpillar and United Technologies led declines – likely a reflection of the report of a 4.0 percent drop in factory orders.

NASDAQ 1,976.72 -92.68 -4.48%
The Nasdaq plunged dropped steadily through Thursday’s session and subsequently ended the day at its lowest level since May of 2005. The drop was absolute in terms of sectors with all seven major industries on the chopping block. Once again insurance and banking shares were in the red, but were looking at far smaller losses than the industrial and tech groups’ contributions. Likely a bow to a possible recession, these economic bellwethers are starting to pick up the baton on volatility.

S&P 500 1,114.28 -46.78 -4.03%
Diversification once again wasn’t a benefit for the S&P 500. In fact, all 10 of the benchmark index’s components dropped more than one percent. Leading the decline was the industrials group which plunged nearly 6.8 percent – its biggest decline since after the New York terrorist attacks back in 2001. Elsewhere, the raw materials sector dropped 8 percent to its lowest levels since 2005 as commodity prices dropped and the poor outlook for growth curbed expectations for long-term demand.



CFDTrading.com provides free news, trading resources, and market analysis to the trading community. ]]>
Written by John Kicklighter, Currency Strategist

CFDTrading.com provides free news, trading resources, and market analysis to the trading community.

Direction for the Asian markets will be driven by a number of different factors. The most immediate ingredient for price action was the aggressive selling that didn’t’ pick up steam until the second half of the US session

Asia: Watch To Watch For

• Asian Stock Futures Mixed Despite US Guidance
• Will The US Stem The Financial Bleeding? Is This A Global Fix?

Asian Stocks Torn On Volatility After Big US Drop And Before Bailout Vote

Direction for the Asian markets will be driven by a number of different factors. The most immediate ingredient for price action was the aggressive selling that didn’t’ pick up steam until the second half of the US session – that suggests the turn in sentiment is relatively fresh and likely to carry over to the Asian markets. However, there is a greater damper for volatility looming just ahead. The US House of Representatives is prepared to vote on the second version of the bail-out bill for Friday. However, the market won’t have an answer as to whether the credit markets will find some relief mostly likely until the afternoon of the US session – well after the Japan and its fellow markets close. Taking on fresh positions before such a macro event would be inviting incredible risk. Therefore, volatility and direction will likely reflect investors hunkering down for a potential storm.

Nikkei 11,154.76
Futures activity shows the Nikkei 225 is set for a strong open; but the pace set by the US markets and a look to event risk ahead suggests this will quickly change. Japan itself has not macro data that would act as a good trigger for a broad reaction from shares. On the other hand, a look at the performance of the major US sectors shows the there will be considerable weights on some of the key sectors of the Japanese market – particularly in the financial sector. On the other had, the sharp drop in commodities may help to ease the pain, though its implications for growth probably mean more of a dour outlook for returns and business activity.

Hang Seng 18,211.11
After the mid-week holiday, the Hang Seng index came back with a bullish edge. This certainly will be difficult to sustain as the dominate bear trend reflects the overwhelming bias towards a global economic slowdown and ongoing uncertainty in the financial market. The Congressional vote following the Asian market close will likely encourage caution in the risk-sensitive finance and property indexes. Another consideration for price action will be the return of Chinese traders to the markets after an extended holiday. Regulators and policy officials in China may make a move to instill confidence in domestic markets rather than keeping them open to the whims of the US government.

S&P/ASX 200 4,761.10
Australia’s benchmark equities index is set for a sharp decline on Friday’s open. The ASX 200’s leverage in financial and resource producing firms will be a significant burden for the market. With the guidance of the sharp declines from US stocks, the risk aversion from the US session will almost certainly carry over to the Sydney. The banking and financial services group will come under pressure as investors try to reduce their exposure to any stocks that are will be highly leveraged against the bailout vote in the US - it is a long weekend to fret about gaps. Another major movers will likely be the mining and resource producing groups. Commodity prices plunged on North American exchanges, with oil down 4.6 percent and gold also tanking 4.7 percent.



US Session Key Developments

• Will The Bailout Making It Through The House This Time Around?
• NFPs Reminds Traders That Growth Will Be A Problem When The Crisis Is Past

Dow 30 Plunges Before Defining Event Risk

US stocks fell for a second day, but Thursday’s decline was far more aggressive than the modest dip from yesterday. The clear directionality from price action reflects the fundamental settings for the markets in these uncertain times. To begin with, volatility is still at outrageous levels (the VIX closed the day at 45.3 percent), which suggests that today’s decline was merely a taste of what can be driven out of price action going forward. Speculation was the name of the game for price action in today’s session. Of primary interest is tomorrow’s vote. Nerves are still frazzled from Monday’s reaction to a failed House vote on the first version of the proposed bail out bill (the biggest point drop on record for the Dow 30 and the worst overall drop since the 1987 market crash). Though the probability of an approved bill is looking far better this time around, that does not seem a risk many investors are willing to take. Beyond that risk, NFPs threatens to revive recession fears well before markets open for trading. The outlook for a third quarter contraction in growth is finding more and more support, so a ninth consecutive drop in employment will be a harsh reminder for traders already frazzled by the financial crisis.

Dow Jones 10,482.85 -348.22 -3.22%
Though the Dow 30’s drop was deep, the close left some buffer room from Monday’s near three-year low – certainly not enough to thwart a potential breakout given the market’s current level of volatility and tomorrow’s event risk. Reflecting the concern for the credit market and growing interest in a slowing economy, 26 of the index’s 30 component shares were in the red. Interestingly enough, the banking sector’s JP Morgan and consumer staple’s Kraft and Johnson & Johnson were all in the green. In fact, the banks and lenders were in the middle of the pact, while IBM, Caterpillar and United Technologies led declines – likely a reflection of the report of a 4.0 percent drop in factory orders.

NASDAQ 1,976.72 -92.68 -4.48%
The Nasdaq plunged dropped steadily through Thursday’s session and subsequently ended the day at its lowest level since May of 2005. The drop was absolute in terms of sectors with all seven major industries on the chopping block. Once again insurance and banking shares were in the red, but were looking at far smaller losses than the industrial and tech groups’ contributions. Likely a bow to a possible recession, these economic bellwethers are starting to pick up the baton on volatility.

S&P 500 1,114.28 -46.78 -4.03%
Diversification once again wasn’t a benefit for the S&P 500. In fact, all 10 of the benchmark index’s components dropped more than one percent. Leading the decline was the industrials group which plunged nearly 6.8 percent – its biggest decline since after the New York terrorist attacks back in 2001. Elsewhere, the raw materials sector dropped 8 percent to its lowest levels since 2005 as commodity prices dropped and the poor outlook for growth curbed expectations for long-term demand.



CFDTrading.com provides free news, trading resources, and market analysis to the trading community. ]]> http://www.pipprofit.com/forum/showthread.php?tid=12 Wed, 08 Oct 2008 03:14:42 -0400 http://www.pipprofit.com/forum/showthread.php?tid=12 http://www.pipprofit.com/forum/showthread.php?tid=11 Tue, 07 Oct 2008 18:45:52 -0400 http://www.pipprofit.com/forum/showthread.php?tid=11
CFDTrading.com provides free news, trading resources, and market analysis to the trading community.

Short-Term Technical Forecast for Crude Oil



Crude oil broke support at the key 61.8 percent Fibonacci retracement of its long-term 57.00-148.00 advance at the 92.00 mark—opening it up to further declines through upcoming trade. Previous support at 92.00 now serves as resistance, and the next short-term target to the downside is set at previous spike-lows at the 84.24 mark. Overall momentum clearly remains to the downside—especially now that we’ve broken through important support levels.

Short-Term Technical Outlook for Gold



Gold continues to trade in a range between the 38.2 percent and 61.8 percent Fibonacci retracements of the 999-740 decline, and the lack of a decisive break in either direction leaves our short-term trading bias uncertain. Medium-term momentum remains to the downside, and it seems reasonable to believe that the commodity price may soon break below near-term support at the 822.00 mark. Yet a sharp reversal off of said support levels does open the possibility of a larger-than-expected advance.

Short-Term Technical Forecast for Silver



The COMEX Silver contract clearly failed at recent support near 12.000, and prices seem likely to test previous lows near 10.200. There seems to be little in the way of support until we get to said mark, while resistance is seen back at previous bottoms near 12.000. We may see a bounce through the very short-term, but expect Silver to continue its decline through subsequent trading.

CFDTrading.com provides free news, trading resources, and market analysis to the trading community.]]>
CFDTrading.com provides free news, trading resources, and market analysis to the trading community.

Short-Term Technical Forecast for Crude Oil



Crude oil broke support at the key 61.8 percent Fibonacci retracement of its long-term 57.00-148.00 advance at the 92.00 mark—opening it up to further declines through upcoming trade. Previous support at 92.00 now serves as resistance, and the next short-term target to the downside is set at previous spike-lows at the 84.24 mark. Overall momentum clearly remains to the downside—especially now that we’ve broken through important support levels.

Short-Term Technical Outlook for Gold



Gold continues to trade in a range between the 38.2 percent and 61.8 percent Fibonacci retracements of the 999-740 decline, and the lack of a decisive break in either direction leaves our short-term trading bias uncertain. Medium-term momentum remains to the downside, and it seems reasonable to believe that the commodity price may soon break below near-term support at the 822.00 mark. Yet a sharp reversal off of said support levels does open the possibility of a larger-than-expected advance.

Short-Term Technical Forecast for Silver



The COMEX Silver contract clearly failed at recent support near 12.000, and prices seem likely to test previous lows near 10.200. There seems to be little in the way of support until we get to said mark, while resistance is seen back at previous bottoms near 12.000. We may see a bounce through the very short-term, but expect Silver to continue its decline through subsequent trading.

CFDTrading.com provides free news, trading resources, and market analysis to the trading community.]]> http://www.pipprofit.com/forum/showthread.php?tid=10 Thu, 02 Oct 2008 16:51:24 -0400 http://www.pipprofit.com/forum/showthread.php?tid=10 Written by John Kicklighter, Currency Strategist

There is little impetus for Asian session volatility holding over from US markets. However, for Japan and the other financial giants of the Far East, a calm morning may be the quiet before the storm.

Asia: Watch To Watch For

• With The Euro Zone Debating A Local Bailout, Is Asian Next
• Hong Kong Traders Back From Holiday

Asian Equities May Be The First To Respond To US Bailout

There is little impetus for Asian session volatility holding over from US markets. However, for Japan and the other financial giants of the Far East, a calm morning may be the quiet before the storm. Still on everyone’s minds is the US financial rescue package. After a failed first attempt to push it through Congress on Monday, lawmakers are back at work voting on a revised plan. A few changes to the package may make it more palatable for those suggesting it was aimed at helping only Wall Street (tax breaks middle income families and a boost to the FDIC insurance limit from $100,000 to $250,000), the market will be more concerned with how much of the bad debt the US government will be able to take off the books of struggling banks. If the funds officials have to work with is small, liquidity will still be inadequate and firms will simply have to suffer the depreciation in assets as the global economy cools. Looking beyond the US, will individual Asian governments begin to weigh the merits of localized bailouts to take their respective economies’ health into their own hands? The longer the US takes to douse its own fire, the wider the financial turmoil will spread and the more permanent its hold on foreign markets.

Nikkei 11,368.26
Already looking beyond the promising influence an approved bailout plan could have on the financial sector, Japanese shares traded on US exchanges were in retreat before the Wednesday open due to a week American manufacturing report. Factory activity State-side hit its lowest levels since the country’s last recession, suggesting demand from businesses (with consumers soon to follow) will temper Japanese revenues.

Hang Seng 18,016.21
The Hong Kong markets will trade for the first time since Tuesday as traders come back from the National holiday. However, activity and volatility may still be unusual as China will be offline until Friday. Nonetheless, the Hang Seng index may look to make up for the strength in markets through Wednesday. However, this adjustment is really only for the open. The rest of the session will follow developing fundamental trends. Later in the session, August retail sales figures may help drive utility industrial shares; but it will be the progress on the US bailout that truly impacts financial and property shares – and thereby the broad index.

S&P/ASX 200 4,974.60
Australia shares opened Thursday’s session with a modest advance as investors bet on a financial market rescue from US policy makers. However, without the Financial sectors buoyancy, the index may struggle to keep to positive territory. Consumer staples and discretionary groups were both higher on the day, but the fading outlook for growth is ever present; and the August trade balance number may help to remind market participants of the oncoming train. What’s more, with commodity prices sliding through the US session, energy and material shares have all started off on a weak foot.



US Session Key Developments

• GE Looks For A Capital Infusion From The Market
• Growth Concerns Still Loom After The Financial Crisis Passes

Dow 30 Catches A Break With Volatility Easing And Direction On Hold

The US markets ended Wednesday’s session with modest declines as the Congress’s reconvening helped deflate volatility. However, the concern over the health of the financial markets and outlook for growth is still tangible. Though the benchmark indexes ended the day modestly down, intraday swings were substantial – suggesting both sides of the market are prepared to move on whatever may come of the vote. However, even if the credit markets return to normal, the outlook for revenues is still dependent on a recession that many economists think is inevitable. Certainly this was the sentiment felt in price action today with financial and insurance shares rising ending the day higher while consumer discretionary, industrials and utilities closed deep in the red.

Dow Jones 10,831.07 -19.59 -0.18%
The Dow 30 was tilted into the red with 16 of its 30 components ending the session lower at the end of the day. Topping the advancers list, not surprisingly, were banks. Bank of America, JP Morgan and Citi won the top three seats. On the other side of the spectrum, Johnson & Johnson, IBM, Caterpillar and IBM were among the most aggressively sold. Topping headlines for the day was GE, whose shares sank 3.9 percent on news the conglomerate would sell $12 billion worth of shares in a secondary offering and $3 billion in preferred shares to Berkshire Hathaway.

NASDAQ 2,069.40 -22.48 -1.07%
The technology-laden Nasdaq proved the worst performer specifically because of the weakness in the computer and software industry shares. Of the 484 stocks that make up the Computer Index, 343 ended the day in the red. Among the worst hit for the session were bellwethers Apple, Oracle and Microsoft.

S&P 500 1,161.06 -5.30 -0.45%
It was a relatively even split among the many industry groups that comprise the broad stock index Wednesday. Reflecting the weakness in the Nasdaq Composite, the computer index took the worst hit for the day, followed by insurance and industrial conglomerates. This is certainly not a promising mix when decipher the outlook for growth. At the opposite end of the spectrum, were asset management and banking shares, whose gains remain highly volatile and are at the whim of a fickle Congress.



CFDTrading.com provides free news, trading resources, and market analysis to the trading community.]]> Written by John Kicklighter, Currency Strategist

There is little impetus for Asian session volatility holding over from US markets. However, for Japan and the other financial giants of the Far East, a calm morning may be the quiet before the storm.

Asia: Watch To Watch For

• With The Euro Zone Debating A Local Bailout, Is Asian Next
• Hong Kong Traders Back From Holiday

Asian Equities May Be The First To Respond To US Bailout

There is little impetus for Asian session volatility holding over from US markets. However, for Japan and the other financial giants of the Far East, a calm morning may be the quiet before the storm. Still on everyone’s minds is the US financial rescue package. After a failed first attempt to push it through Congress on Monday, lawmakers are back at work voting on a revised plan. A few changes to the package may make it more palatable for those suggesting it was aimed at helping only Wall Street (tax breaks middle income families and a boost to the FDIC insurance limit from $100,000 to $250,000), the market will be more concerned with how much of the bad debt the US government will be able to take off the books of struggling banks. If the funds officials have to work with is small, liquidity will still be inadequate and firms will simply have to suffer the depreciation in assets as the global economy cools. Looking beyond the US, will individual Asian governments begin to weigh the merits of localized bailouts to take their respective economies’ health into their own hands? The longer the US takes to douse its own fire, the wider the financial turmoil will spread and the more permanent its hold on foreign markets.

Nikkei 11,368.26
Already looking beyond the promising influence an approved bailout plan could have on the financial sector, Japanese shares traded on US exchanges were in retreat before the Wednesday open due to a week American manufacturing report. Factory activity State-side hit its lowest levels since the country’s last recession, suggesting demand from businesses (with consumers soon to follow) will temper Japanese revenues.

Hang Seng 18,016.21
The Hong Kong markets will trade for the first time since Tuesday as traders come back from the National holiday. However, activity and volatility may still be unusual as China will be offline until Friday. Nonetheless, the Hang Seng index may look to make up for the strength in markets through Wednesday. However, this adjustment is really only for the open. The rest of the session will follow developing fundamental trends. Later in the session, August retail sales figures may help drive utility industrial shares; but it will be the progress on the US bailout that truly impacts financial and property shares – and thereby the broad index.

S&P/ASX 200 4,974.60
Australia shares opened Thursday’s session with a modest advance as investors bet on a financial market rescue from US policy makers. However, without the Financial sectors buoyancy, the index may struggle to keep to positive territory. Consumer staples and discretionary groups were both higher on the day, but the fading outlook for growth is ever present; and the August trade balance number may help to remind market participants of the oncoming train. What’s more, with commodity prices sliding through the US session, energy and material shares have all started off on a weak foot.



US Session Key Developments

• GE Looks For A Capital Infusion From The Market
• Growth Concerns Still Loom After The Financial Crisis Passes

Dow 30 Catches A Break With Volatility Easing And Direction On Hold

The US markets ended Wednesday’s session with modest declines as the Congress’s reconvening helped deflate volatility. However, the concern over the health of the financial markets and outlook for growth is still tangible. Though the benchmark indexes ended the day modestly down, intraday swings were substantial – suggesting both sides of the market are prepared to move on whatever may come of the vote. However, even if the credit markets return to normal, the outlook for revenues is still dependent on a recession that many economists think is inevitable. Certainly this was the sentiment felt in price action today with financial and insurance shares rising ending the day higher while consumer discretionary, industrials and utilities closed deep in the red.

Dow Jones 10,831.07 -19.59 -0.18%
The Dow 30 was tilted into the red with 16 of its 30 components ending the session lower at the end of the day. Topping the advancers list, not surprisingly, were banks. Bank of America, JP Morgan and Citi won the top three seats. On the other side of the spectrum, Johnson & Johnson, IBM, Caterpillar and IBM were among the most aggressively sold. Topping headlines for the day was GE, whose shares sank 3.9 percent on news the conglomerate would sell $12 billion worth of shares in a secondary offering and $3 billion in preferred shares to Berkshire Hathaway.

NASDAQ 2,069.40 -22.48 -1.07%
The technology-laden Nasdaq proved the worst performer specifically because of the weakness in the computer and software industry shares. Of the 484 stocks that make up the Computer Index, 343 ended the day in the red. Among the worst hit for the session were bellwethers Apple, Oracle and Microsoft.

S&P 500 1,161.06 -5.30 -0.45%
It was a relatively even split among the many industry groups that comprise the broad stock index Wednesday. Reflecting the weakness in the Nasdaq Composite, the computer index took the worst hit for the day, followed by insurance and industrial conglomerates. This is certainly not a promising mix when decipher the outlook for growth. At the opposite end of the spectrum, were asset management and banking shares, whose gains remain highly volatile and are at the whim of a fickle Congress.



CFDTrading.com provides free news, trading resources, and market analysis to the trading community.]]> http://www.pipprofit.com/forum/showthread.php?tid=9 Tue, 16 Sep 2008 15:23:37 -0400 http://www.pipprofit.com/forum/showthread.php?tid=9 Full Article

Equities are poised for another day of losses in European hours. Major indices in the UK and the Continent lost an average of -24% yesterday following the bankruptcy of Lehman Brothers, formerly the number-four bank of Wall St.

Europe: What to Watch For

• Wall St, Asia down on Lehman blowup and Merrill acquisition
• Crude oil pushes downward, daily low at $94/barrel

Risk Aversion to Continue Feeding Bearish Momentum in European Markets

Equities are poised for another day of losses in European hours. Major indices in the UK and the Continent lost an average of -24% yesterday following the bankruptcy of Lehman Brothers, formerly the number-four bank of Wall St. Having been closed for holiday as the news was announced, major Asian bourses in Tokyo and Hong Kong played catch-up today, registering loses. Risk aversion is likely to remain the dominant driving force behind price action. Traders will particularly look for August US CPI to be confirmed at -0.1% late into the session. Slower price growth would give Bernanke and company room for a confidence-building cut to soothe testy investors as more financial sector turmoil looms around the corner. Indeed, the world’s largest insurer AIG has asked the Fed for a $40 billion bridge loan to pad its balance sheet while Washington Mutual looks to be en route to a buyout rush similar to what Lehman went through last week. Fed funds futures see the likelihood of a cut at tomorrow’s FOMC meeting at 68%, up from just 12% yesterday.

DAX 6064.16
The final revision of the Consumer Price Index is set to confirm initial estimates of headline inflation at 3.3% in the year to August. This will mark the first slower reading in 4 months, reflecting sharply lower oil prices. The ZEW Survey is expected to see economic sentiment improve a bit in September with a reading at -53. While better than Augusts’ -55.5 result, this would still put sentiment firmly in negative territory having lost 47.6% so far this year. The metric has lifted from negative extremes as analysts expect a bit of support from cheaper fuel and forthcoming ECB interest rate cuts.

FTSE-100 5204.20
The Consumer Price Index is expected to rise to 4.6% in August from 4.4% in July, a fresh 9-year high. The uptick appears to be rooted in the disparity between production costs and the price of final goods in the same reference period. Indeed, Input PPI fell -2.0% while Output PPI fell just -0.6% in August. Put simply, this suggests that producers did not pass on the total savings from lower production costs (i.e. cheaper oil) on to consumers of the final product.

CAC-40 4168.97
Aeronautical equipment manufacturer Zodiac SA is set to release sales figures for the year to August. Also on the earnings calendar, champagne makers Boizel Chanoine Champagne SA and Vranken-Pommery Monopole SA are set to release first-half results.

IBEX 10899.00
With nothing on the earnings or economic calendar, price action is likely to fall in with broad risk-driven flows. Madrid markets may be affected as the Euro Zone ZEW Survey is expected to improve a bit, printing at -55.0 in August versus -55.7 in July.

MIB 27333.00
Second-quarter labor costs are due for release. The metric grew 4.0% in the first three months of the year. Milan shares may be affected as Euro Zone CPI is expected to remain unchanged at 3.8% in the year to August largely on higher price growth in Italy. While August saw CPI fall in France (3.5% vs. 4.0% previous) and Germany (3.3% vs. 3.5% previous), Italy’s inflation grew to 4.2% from 4.0% in July. The uptick owes to seasonal forces: August is the hottest month of the year and Italians dating back to the Roman times have spent it on leisurely pursuits. Sure enough, price growth was most notable in the Leisure and Culture (0.6%) and Hotels, Cafes & Restaurants (0.4%) components of August CPI.

AEX 385.04
Headline Retail Sales are expected to improve to 3.0% in the year to July having contracted -3.9% in the preceding month. On balance, much of the rise will probably be chalked up to higher oil prices. Indeed, crude hit a record $147/barrel in July before prices reversed course. To that effect, the Trade Balance will likely see the surplus shrink as energy costs boost import volumes.

SMI 6939.11
Industrial Production is expected to see annualized growth slow to 3.0% in the second quarter from 4.3% in the three months to April. Financials are likely to remain under pressure, with banks bearing the brunt of bearish momentum as investors remain spooked by future prospects for shaky US institutions.

CFDTrading.com provides free news, trading resources, and market analysis to the trading community]]> Full Article

Equities are poised for another day of losses in European hours. Major indices in the UK and the Continent lost an average of -24% yesterday following the bankruptcy of Lehman Brothers, formerly the number-four bank of Wall St.

Europe: What to Watch For

• Wall St, Asia down on Lehman blowup and Merrill acquisition
• Crude oil pushes downward, daily low at $94/barrel

Risk Aversion to Continue Feeding Bearish Momentum in European Markets

Equities are poised for another day of losses in European hours. Major indices in the UK and the Continent lost an average of -24% yesterday following the bankruptcy of Lehman Brothers, formerly the number-four bank of Wall St. Having been closed for holiday as the news was announced, major Asian bourses in Tokyo and Hong Kong played catch-up today, registering loses. Risk aversion is likely to remain the dominant driving force behind price action. Traders will particularly look for August US CPI to be confirmed at -0.1% late into the session. Slower price growth would give Bernanke and company room for a confidence-building cut to soothe testy investors as more financial sector turmoil looms around the corner. Indeed, the world’s largest insurer AIG has asked the Fed for a $40 billion bridge loan to pad its balance sheet while Washington Mutual looks to be en route to a buyout rush similar to what Lehman went through last week. Fed funds futures see the likelihood of a cut at tomorrow’s FOMC meeting at 68%, up from just 12% yesterday.

DAX 6064.16
The final revision of the Consumer Price Index is set to confirm initial estimates of headline inflation at 3.3% in the year to August. This will mark the first slower reading in 4 months, reflecting sharply lower oil prices. The ZEW Survey is expected to see economic sentiment improve a bit in September with a reading at -53. While better than Augusts’ -55.5 result, this would still put sentiment firmly in negative territory having lost 47.6% so far this year. The metric has lifted from negative extremes as analysts expect a bit of support from cheaper fuel and forthcoming ECB interest rate cuts.

FTSE-100 5204.20
The Consumer Price Index is expected to rise to 4.6% in August from 4.4% in July, a fresh 9-year high. The uptick appears to be rooted in the disparity between production costs and the price of final goods in the same reference period. Indeed, Input PPI fell -2.0% while Output PPI fell just -0.6% in August. Put simply, this suggests that producers did not pass on the total savings from lower production costs (i.e. cheaper oil) on to consumers of the final product.

CAC-40 4168.97
Aeronautical equipment manufacturer Zodiac SA is set to release sales figures for the year to August. Also on the earnings calendar, champagne makers Boizel Chanoine Champagne SA and Vranken-Pommery Monopole SA are set to release first-half results.

IBEX 10899.00
With nothing on the earnings or economic calendar, price action is likely to fall in with broad risk-driven flows. Madrid markets may be affected as the Euro Zone ZEW Survey is expected to improve a bit, printing at -55.0 in August versus -55.7 in July.

MIB 27333.00
Second-quarter labor costs are due for release. The metric grew 4.0% in the first three months of the year. Milan shares may be affected as Euro Zone CPI is expected to remain unchanged at 3.8% in the year to August largely on higher price growth in Italy. While August saw CPI fall in France (3.5% vs. 4.0% previous) and Germany (3.3% vs. 3.5% previous), Italy’s inflation grew to 4.2% from 4.0% in July. The uptick owes to seasonal forces: August is the hottest month of the year and Italians dating back to the Roman times have spent it on leisurely pursuits. Sure enough, price growth was most notable in the Leisure and Culture (0.6%) and Hotels, Cafes & Restaurants (0.4%) components of August CPI.

AEX 385.04
Headline Retail Sales are expected to improve to 3.0% in the year to July having contracted -3.9% in the preceding month. On balance, much of the rise will probably be chalked up to higher oil prices. Indeed, crude hit a record $147/barrel in July before prices reversed course. To that effect, the Trade Balance will likely see the surplus shrink as energy costs boost import volumes.

SMI 6939.11
Industrial Production is expected to see annualized growth slow to 3.0% in the second quarter from 4.3% in the three months to April. Financials are likely to remain under pressure, with banks bearing the brunt of bearish momentum as investors remain spooked by future prospects for shaky US institutions.

CFDTrading.com provides free news, trading resources, and market analysis to the trading community]]> http://www.pipprofit.com/forum/showthread.php?tid=8 Wed, 10 Sep 2008 18:45:02 -0400 http://www.pipprofit.com/forum/showthread.php?tid=8 Oil Outlook Depends on OPEC, US Dollar

Tuesday, 09 September 2008 20:37:24 GMT
Written by David Rodriguez, Quantitative Analyst

The NYMEX WTI contract saw a tremendously volatile day of trade, as a strong open turned into similarly sharp pullback on a later US dollar rally. Oil speculators initially bid the benchmark US oil contract higher, as indications that Hurricane Ike will strike the key Gulf of Mexico coastline re-ignited fears of damage to a substantial portion of American oil infrastructure. In fact, Gulf gasoline prices had their strongest single-day gain since Hurricane Rita inflicted significant damage to US refinery output in 2005. A later rally in the US dollar meant that the WTI lost all of its earlier gains, but it will be important to watch developments out of tomorrow’s highly-anticipated OPEC meeting.

Commodities - Energy

· Crude Oil Rallies on Fears of Hurricane Ike
· Yet Volatile NYMEX Session sees WTI pull back on US Dollar Rally

Oil Traders Bid Crude Higher on Hurricane Ike Fears, Pull Back on US Dollar Rally

Crude Oil (WTI) $106.15 -$0.08 -0.07%
The NYMEX WTI contract saw a tremendously volatile day of trade, as a strong open turned into similarly sharp pullback on a later US dollar rally. Oil speculators initially bid the benchmark US oil contract higher, as indications that Hurricane Ike will strike the key Gulf of Mexico coastline re-ignited fears of damage to a substantial portion of American oil infrastructure. In fact, Gulf gasoline prices had their strongest single-day gain since Hurricane Rita inflicted significant damage to US refinery output in 2005. A later rally in the US dollar meant that the WTI lost all of its earlier gains, but it will be important to watch developments out of tomorrow’s highly-anticipated OPEC meeting.

Brent Crude $103.44 -$0.65 -0.62%
Brent crude futures followed their US counterparts, and we see little reason for divergence between WTI and Brent futures through the foreseeable future. The European contract will likely continue its decline if we see further US dollar rallies through the near term. See our US Dollar Outlook for more.

Commodities - Metals

· Gold Prices Hold Firm
· Silver Outlook Tied to Dollar, Gold Prices

Gold and Silver Could Gain if US Dollar Pulls Back

Gold $805.10 $2.10 +0.26%
Gold prices rallied early in the COMEX session but pulled back sharply on the US dollar rebound, and it seems as though the dollar-denominated COMEX gold contract may be headed for further losses. See our technical outlook for Gold, and keep track of forex news with DailyFX.com.

Silver $12.125 -$0.20 -1.62%
Silver continues trading lower, and fears of a global economic recession continue to compound the effects of a US dollar rally—sending the contract lower yet again to start the week’s trade. Unless we see significant signs of a global economic recovery, we would argue that the precious/industrial metal stands relatively little hope for a sustained rebound. Through the short-term, price action in the US dollar will likely dominate set direction for the COMEX contract.

Visit CFDTrading.com for daily reports.[/size]]]> Oil Outlook Depends on OPEC, US Dollar

Tuesday, 09 September 2008 20:37:24 GMT
Written by David Rodriguez, Quantitative Analyst

The NYMEX WTI contract saw a tremendously volatile day of trade, as a strong open turned into similarly sharp pullback on a later US dollar rally. Oil speculators initially bid the benchmark US oil contract higher, as indications that Hurricane Ike will strike the key Gulf of Mexico coastline re-ignited fears of damage to a substantial portion of American oil infrastructure. In fact, Gulf gasoline prices had their strongest single-day gain since Hurricane Rita inflicted significant damage to US refinery output in 2005. A later rally in the US dollar meant that the WTI lost all of its earlier gains, but it will be important to watch developments out of tomorrow’s highly-anticipated OPEC meeting.

Commodities - Energy

· Crude Oil Rallies on Fears of Hurricane Ike
· Yet Volatile NYMEX Session sees WTI pull back on US Dollar Rally

Oil Traders Bid Crude Higher on Hurricane Ike Fears, Pull Back on US Dollar Rally

Crude Oil (WTI) $106.15 -$0.08 -0.07%
The NYMEX WTI contract saw a tremendously volatile day of trade, as a strong open turned into similarly sharp pullback on a later US dollar rally. Oil speculators initially bid the benchmark US oil contract higher, as indications that Hurricane Ike will strike the key Gulf of Mexico coastline re-ignited fears of damage to a substantial portion of American oil infrastructure. In fact, Gulf gasoline prices had their strongest single-day gain since Hurricane Rita inflicted significant damage to US refinery output in 2005. A later rally in the US dollar meant that the WTI lost all of its earlier gains, but it will be important to watch developments out of tomorrow’s highly-anticipated OPEC meeting.

Brent Crude $103.44 -$0.65 -0.62%
Brent crude futures followed their US counterparts, and we see little reason for divergence between WTI and Brent futures through the foreseeable future. The European contract will likely continue its decline if we see further US dollar rallies through the near term. See our US Dollar Outlook for more.

Commodities - Metals

· Gold Prices Hold Firm
· Silver Outlook Tied to Dollar, Gold Prices

Gold and Silver Could Gain if US Dollar Pulls Back

Gold $805.10 $2.10 +0.26%
Gold prices rallied early in the COMEX session but pulled back sharply on the US dollar rebound, and it seems as though the dollar-denominated COMEX gold contract may be headed for further losses. See our technical outlook for Gold, and keep track of forex news with DailyFX.com.

Silver $12.125 -$0.20 -1.62%
Silver continues trading lower, and fears of a global economic recession continue to compound the effects of a US dollar rally—sending the contract lower yet again to start the week’s trade. Unless we see significant signs of a global economic recovery, we would argue that the precious/industrial metal stands relatively little hope for a sustained rebound. Through the short-term, price action in the US dollar will likely dominate set direction for the COMEX contract.

Visit CFDTrading.com for daily reports.[/size]]]> http://www.pipprofit.com/forum/showthread.php?tid=7 Wed, 14 May 2008 09:03:53 -0400 http://www.pipprofit.com/forum/showthread.php?tid=7 can u please put who is online at the bottom of current thread view and insert more smiley face..?TQ:D]]> can u please put who is online at the bottom of current thread view and insert more smiley face..?TQ:D]]> http://www.pipprofit.com/forum/showthread.php?tid=6 Wed, 14 May 2008 07:39:13 -0400 http://www.pipprofit.com/forum/showthread.php?tid=6
We would like to inform you that pip profit has cancelled the monthly subscription for ILYASI Indicators.

From today, you are able to buy the indicator or Expert advisor with one time payment and it will be all yours.

For more information, please visit our purchase page by clicking here.

Regards

Support Team,]]>
We would like to inform you that pip profit has cancelled the monthly subscription for ILYASI Indicators.

From today, you are able to buy the indicator or Expert advisor with one time payment and it will be all yours.

For more information, please visit our purchase page by clicking here.

Regards

Support Team,]]> http://www.pipprofit.com/forum/showthread.php?tid=5 Wed, 14 May 2008 04:49:43 -0400 http://www.pipprofit.com/forum/showthread.php?tid=5 Lets share geepy analsysis here!!]]> Lets share geepy analsysis here!!]]> http://www.pipprofit.com/forum/showthread.php?tid=4 Tue, 13 May 2008 21:45:20 -0400 http://www.pipprofit.com/forum/showthread.php?tid=4
I will put signal everyday and you will earn 50 Pip

First Signal

Buy EURUSD @1.5450 TP 1.5500 SL 1.5425

Thanx]]>
I will put signal everyday and you will earn 50 Pip

First Signal

Buy EURUSD @1.5450 TP 1.5500 SL 1.5425

Thanx]]> http://www.pipprofit.com/forum/showthread.php?tid=3 Tue, 13 May 2008 19:58:03 -0400 http://www.pipprofit.com/forum/showthread.php?tid=3
Answere: We are useing 3 pip spread and we calculate the spread in our daily performance.

Support]]>
Answere: We are useing 3 pip spread and we calculate the spread in our daily performance.

Support]]> http://www.pipprofit.com/forum/showthread.php?tid=2 Mon, 12 May 2008 19:11:10 -0400 http://www.pipprofit.com/forum/showthread.php?tid=2 Buying on margin is borrowing money from a broker to purchase stock. You can think of it as a loan from your brokerage. Margin trading allows you to buy more stock than you'd be able to normally. To trade on margin, you need a margin account. This is different from a regular cash account, in which you trade using the money in the account. By law, your broker is required to obtain your signature to open a margin account. The margin account may be part of your standard account opening agreement or may be a completely separate agreement. An initial investment of at least $2,000 is required for a margin account, though some brokerages require more. This deposit is known as the minimum margin. Once the account is opened and operational, you can borrow up to 50% of the purchase price of a stock. This portion of the purchase price that you deposit is known as the initial margin. It's essential to know that you don't have to margin all the way up to 50%. You can borrow less, say 10% or 25%. Be aware that some brokerages require you to deposit more than 50% of the purchase price.


You can keep your loan as long as you want, provided you fulfill your obligations. First, when you sell the stock in a margin account, the proceeds go to your broker against the repayment of the loan until it is fully paid. Second, there is also a restriction called the maintenance margin, which is the minimum account balance you must maintain before your broker will force you to deposit more funds or sell stock to pay down your loan. When this happens, it's known as a margin call. We'll talk about this in detail in the next section.

Borrowing money isn't without its costs. Regrettably, marginable securities in the account are collateral. You'll also have to pay the interest on your loan. The interest charges are applied to your account unless you decide to make payments. Over time, your debt level increases as interest charges accrue against you. As debt increases, the interest charges increase, and so on.

Therefore, buying on margin is mainly used for short-term investments. The longer you hold an investment, the greater the return that is needed to break even. If you hold an investment on margin for a long period of time, the odds that you will make a profit are stacked against you.

Not all stocks qualify to be bought on margin. The Federal Reserve Board regulates which stocks are marginable. As a rule of thumb, brokers will not allow customers to purchase penny stocks, over-the-counter Bulletin Board (OTCBB) securities or initial public offerings (IPOs) on margin because of the day-to-day risks involved with these types of stocks. Individual brokerages can also decide not to margin certain stocks, so check with them to see what restrictions exist on your margin account.

A Buying Power Example
Let's say that you deposit $10,000 in your margin account. Because you put up 50% of the purchase price, this means you have $20,000 worth of buying power. Then, if you buy $5,000 worth of stock, you still have $15,000 in buying power remaining. You have enough cash to cover this transaction and haven't tapped into your margin. You start borrowing the money only when you buy securities worth more than $10,000.

This brings us to an important point: the buying power of a margin account changes daily depending on the price movement of the marginable securities in the account. Later in the tutorial, we'll go over what happens when securities rise or fall.


By investopedia]]> Buying on margin is borrowing money from a broker to purchase stock. You can think of it as a loan from your brokerage. Margin trading allows you to buy more stock than you'd be able to normally. To trade on margin, you need a margin account. This is different from a regular cash account, in which you trade using the money in the account. By law, your broker is required to obtain your signature to open a margin account. The margin account may be part of your standard account opening agreement or may be a completely separate agreement. An initial investment of at least $2,000 is required for a margin account, though some brokerages require more. This deposit is known as the minimum margin. Once the account is opened and operational, you can borrow up to 50% of the purchase price of a stock. This portion of the purchase price that you deposit is known as the initial margin. It's essential to know that you don't have to margin all the way up to 50%. You can borrow less, say 10% or 25%. Be aware that some brokerages require you to deposit more than 50% of the purchase price.


You can keep your loan as long as you want, provided you fulfill your obligations. First, when you sell the stock in a margin account, the proceeds go to your broker against the repayment of the loan until it is fully paid. Second, there is also a restriction called the maintenance margin, which is the minimum account balance you must maintain before your broker will force you to deposit more funds or sell stock to pay down your loan. When this happens, it's known as a margin call. We'll talk about this in detail in the next section.

Borrowing money isn't without its costs. Regrettably, marginable securities in the account are collateral. You'll also have to pay the interest on your loan. The interest charges are applied to your account unless you decide to make payments. Over time, your debt level increases as interest charges accrue against you. As debt increases, the interest charges increase, and so on.

Therefore, buying on margin is mainly used for short-term investments. The longer you hold an investment, the greater the return that is needed to break even. If you hold an investment on margin for a long period of time, the odds that you will make a profit are stacked against you.

Not all stocks qualify to be bought on margin. The Federal Reserve Board regulates which stocks are marginable. As a rule of thumb, brokers will not allow customers to purchase penny stocks, over-the-counter Bulletin Board (OTCBB) securities or initial public offerings (IPOs) on margin because of the day-to-day risks involved with these types of stocks. Individual brokerages can also decide not to margin certain stocks, so check with them to see what restrictions exist on your margin account.

A Buying Power Example
Let's say that you deposit $10,000 in your margin account. Because you put up 50% of the purchase price, this means you have $20,000 worth of buying power. Then, if you buy $5,000 worth of stock, you still have $15,000 in buying power remaining. You have enough cash to cover this transaction and haven't tapped into your margin. You start borrowing the money only when you buy securities worth more than $10,000.

This brings us to an important point: the buying power of a margin account changes daily depending on the price movement of the marginable securities in the account. Later in the tutorial, we'll go over what happens when securities rise or fall.


By investopedia]]> http://www.pipprofit.com/forum/showthread.php?tid=1 Mon, 12 May 2008 07:00:14 -0400 http://www.pipprofit.com/forum/showthread.php?tid=1 ILYASI uses colours to make trading simple. Coloured indicators appear both on the chart and beneath it. The Dark GREEN colour indicates BUY while the Dark RED indicates SELL. ILYASI clearly shows where to enter and exit the market. Also, ILYASI provides you with easily interpreted technical indicators such as ADX and MACD, pivot point, support, resistance and the predicted high and low for the following day.]]> ILYASI uses colours to make trading simple. Coloured indicators appear both on the chart and beneath it. The Dark GREEN colour indicates BUY while the Dark RED indicates SELL. ILYASI clearly shows where to enter and exit the market. Also, ILYASI provides you with easily interpreted technical indicators such as ADX and MACD, pivot point, support, resistance and the predicted high and low for the following day.]]>