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Trading Journal

psaTrading
Feb 19 2016 at 10:50
891 posts
Despite reduced yields, the propensity of institutional investors to purchase bonds increased. Fears of a recession does not extend to Europe, which should continue to grow. If the stock market indices continue to be valued, the mentioned investors will have to follow their benchmarks and will have to allocate liquidity to the purchase of shares.

psaTrading
Feb 22 2016 at 12:40
891 posts
The main fear of global investors is that the US economy may come back into recession as a result of the slowdown of the global economy. Thus, besides following the signals given by economic indicators, investors will also monitor the S & P’s behavior, which will again dictate the evolution of other indexes.

psaTrading
Feb 23 2016 at 16:18
891 posts
Because of fears about the US economy, the S & P should lead the movement of other indexes. Yesterday, the index closed in the early resistance zone (1940-1950). While this index does not overcome this resistance is unlikely that the DAX overcome conclusively the 9560 level. Therefore, it is most likely to occur some profit taking for today and tomorrow the S & P may try a new test to the resistance zone.

psaTrading
Feb 24 2016 at 10:52
891 posts
So far, about 58% of the DJ Stoxx 600 components have reported their quarterly accounts. Although a slight majority have managed to surpass analysts’ forecasts in terms of profits, with respect to revenues only a minority has been able to exceed forecasts.

psaTrading
Feb 25 2016 at 12:43
891 posts
US markets ended with contained variations, managing to recover from early losses justified by the sharp fall in oil and the weakness of the US markets. The Dow Jones was losing 266 points and closed with a rise of 53 points. Oil price suffered a selling pressure, with investors showing their disappointment at the fact that Saudi Arabia eliminate the possibility of a cut in production and some skepticism regarding the freeze on production capacity to balance the relationship demand / supply . The session key moment occurred when the Department of Energy revealed that the oil reserves in the US rose by 3.5 million barrels last week compared to the envisaged increase of 2.42 million. However, the sharp drop in petrol stocks (-1.6 million barrels vs 0.73 M million) contributed to compensate the early fall. Additionally, the Association of American Railroads reported that crude oil transported through this route declined for the third consecutive week, confirming recent evidence that US oil production continues to decline, albeit slowly. Last year, in face of oil price fall, shale oil extraction companies adopted a series of measures in order to protect their business. These measures include the closure of oil wells with lower productivity, reduction in non-operating costs, renegotiation with banks of borrowing and the implementation of financial hedging strategies, which protect the oil price fall. However, at this stage, the potential of reducing costs both financial and non-operating is limited and the use of financial instruments for protection against a further drop of crude oil is very expensive. Thus, in recent months there has a closure of many oil fields, especially smaller ones.

togr (togr)
Feb 26 2016 at 12:09
4862 posts
And what's the outcome of all these posts?

psaTrading
Feb 26 2016 at 20:15
891 posts
An excellent trading week.
The forum is a great help.
Which you all a nice weekend.

FXWES
Feb 26 2016 at 21:53
675 posts
This morning EUR/USD broke out below support, after USD rallied on better than expected GDP data.

psaTrading
Feb 29 2016 at 15:11
891 posts
At the macroeconomic level, household consumption increased to 0.50% in January, exceeding the forecast of 0.30%, supported by rising wages which boost household spending. The increase in house prices also contributed to an improvement in consumer confidence. The approach of the preferred measure of inflation from the Fed to 2% raised some concern in many investors but the money markets, which are an excellent barometer of the reference rates, assign a probability of 57% to a rise in interest rates in 2016. The US GDP for the 4th quarter was revised upwards from 0.70% to 1%, against economists’ forecasts of an increase of only 0.40%. In addition there has been a minor fall in investment and a decrease in the trade deficit. Domestic consumption, which represents 70% of the economy, was less dynamic than expected (2% vs 2.20%) due to lower sales (in value) of fuels (due to falling prices) and clothing as a result of mild weather in November and December. The trade deficit increased from 61500 M.USD in December to 62200 M.USD in January. This was the highest level since June. The confidence index of consumers, as measured by the University of Michigan, reached 91.7, above the first reading (90.7) but lower than the 92.0 recorded in January. From a technical point of view, today’s session and probably also tomorrow will be particularly relevant. If these days, the S & P can not be located convincingly above the zone of 1940/1950 then is increased the possibility of a short-term correction.

psaTrading
Mar 01 2016 at 16:41
891 posts
Stimulus boosted stock markets, emerging currencies and metals.

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