To use chat, please login.
Back to contacts

Trading Journal

psaTrading
Mar 02 2016 at 12:40
891 posts
Main European indices such as the DAX and the CAC, broke their resistance zones, even before the S & P. With this move strengthened the probability of these indices to test new resistance (9900 in the DAX and the CAC in 4423/4466) in the coming days. One should notice that due to high volatility the occurrence of erratic movements in an underlying trend should occur frequently.

psaTrading
Mar 03 2016 at 11:27
891 posts
In recent weeks, the position of hedge funds has been changing. Until mid-February, these funds mainly held selling positions on oil, but in the last two weeks not only the pace of closure of these positions increased as some hedge funds began to get long on crude oil, which reinforced its upward movement.

psaTrading
Mar 04 2016 at 15:22
891 posts
At this stage, the money markets allocate a modest probability (63%) to a rise in interest rates in 2016, which has given some encouragement to equity indices. In conclusion, the ideal for the equity markets would be that the indicators describe an American economy far from precipitating a recession but not so dynamic to raise a sharp rise in interest rates.

deresel
Mar 06 2016 at 19:48
708 posts
In my opinion, the next levels to watch for are:
USD/JPY:
Support: 110.000;
Resistance: 114.00; 116.00; 117.19;

deresel
Mar 06 2016 at 19:49
708 posts
In my opinion, the next levels to watch for are:
GBP/USD:
Support: 1.4100; 1.3709; 1.3568;
Resistance: 1.4360; 1.4592;

deresel
Mar 06 2016 at 19:49
708 posts
In my opinion, the next levels to watch for are:
EUR/USD:
Support: 1.0810; 1.0730;
Resistance: 1.0975; 1.1100; 1.1286;

FXWES
Mar 07 2016 at 08:18
675 posts
The euro registered a second consecutive successful session against the dollar on Friday. The session was extremely volatile, as the difference between the highest and lowest value for the day was 137 pips. The pair came up to the resistance at 1.1066 and if bullish sentiment continue in the future, it will be pierced soon. Trading on Friday started at a price of 1.0956 as at the beginning the trend was neutral. More serious changes were recorded in the afternoon when it was reached the peak for the day at 1.1040. The session closed at 1.1001.

togr (togr)
Mar 07 2016 at 08:18
4862 posts
FXWES posted:
The euro registered a second consecutive successful session against the dollar on Friday. The session was extremely volatile, as the difference between the highest and lowest value for the day was 137 pips. The pair came up to the resistance at 1.1066 and if bullish sentiment continue in the future, it will be pierced soon. Trading on Friday started at a price of 1.0956 as at the beginning the trend was neutral. More serious changes were recorded in the afternoon when it was reached the peak for the day at 1.1040. The session closed at 1.1001.


Outdated :)
And its going deep dive

psaTrading
Mar 07 2016 at 14:28
891 posts
American indices closed higher, as investors reacted positively to the employment report, which described a very dynamic labor market but that implies an increased risk of a rise in interest rates. The employment report allayed, at least temporarily, investors’ fears in relation to a US recession scenario. In February, the US economy generated 242,000 jobs, which add up over 30,000 resulting from the upward revision of the readings from December and January. The unemployment rate stood at 4.90%, recording no change facing January. Economists had anticipated the creation of 195,000 jobs and an unemployment rate of 4.90%. However wages fell 0.10% in February. In this context, where rising wages in recent months is interrupted, the decline recorded in February may lead the Fed to take more caution before raising rates. Another consequence of the employment report was that some economists began to revise upwards the estimates for the 1st quarter of this year. Generally, this period is the least dynamic of the year. According to the econometric model of the Fed Atlanta, US GDP is expected to grow 2.20% in the 1st quarter instead of the 1.90% previously estimated.

psaTrading
Mar 08 2016 at 16:14
891 posts
The most recent economic data in the US exclude the scenario of a recession in the country, so there is no risk of an abrupt descent. On the other hand, despite a flexure in the first months of the year, the European economy continues to grow, sustained by domestic demand, and fuel consumption shall not decrease.

Please login to comment .