Three Consecutive Target Prices? I Like That.

Look Guys,

This post for serious traders who are looking for max profit from there trade no matter if you are long-term or short-term trader.

What i am going to share with you is one of the exclusive tools that most of the successful traders can not deny it.

The SmartForecast is a functional tool from ActivTrades that can gives you three consecutive target prices. Please note that their places on the chart are not indicative of the time that those prices will be reached and can be reached at any time.

Price 1 is calculated using the short-term resistance and support lines. Price 2 is calculated using the long-term resistance and support lines and Price 3 is calculated based on the assumption that Price 2 has been confirmed.

Although SmartForecast gives the best investment scenarios when looking at the long term, you can also use it for short-term forecasts.

So, if you are real money maker and you want to got that and make it work for you?

Let me help you, and click here to know more >

Good Luck

7 years investigation into illegal stock tips in Dell Inc.

The FBI uncovered a scam for an illegal cooperation between employee from Dell and an analyst at Citadel LLC , as the Bloomberg.com said today that :

The FBI files spell it out: An analyst at Citadel LLC, the hedge fund with $23 billion in capital invested globally, told agents he made millions of dollars trading on information from a company insider.

It was December 2011, and the Justice Department was deep into a seven-year investigation into illegal stock tips. As authorities homed in on people at several other hedge funds over leaks from a Dell Inc. employee, agents at the Federal Bureau of Investigation began questioning the Citadel analyst about the friendship he formed with the same Dell insider.

In confidential FBI reports summarizing those interviews, agents recounted how the Citadel analyst received market-sensitive information from the Dell employee in 2008 and 2009. In one trade he told agents he made, the analyst bet against Dell after learning it would announce disappointing earnings, bringing in $5 million to $6 million when the company’s shares fell by more than 10 percent. He told agents he later discarded records.

The analyst discussed helping the Dell employee hunt for a Wall Street job, the agents wrote. “It became an ‘I’ll scratch your back if you scratch mine’” relationship, the agents wrote in a summary of a Jan. 4, 2012, interview with the analyst.

Nine people at five investment firms were eventually convicted in part for trading on tips from inside Dell.

Neither the analyst, Richard Farmer, nor the Dell employee, Rob Ray, was sued by regulators or prosecuted. Chicago-based Citadel hasn’t been accused of wrongdoing.

Also, for more details about the case, Please click here>

Gold took off this week from 1200$

The Gold started the last week of Nov. from the top price of last week and as we see from the chart it is would the 4th successful week for it. As it raised up from 1131$ and we are now over the 1200.

Also FXstreet posted today that :

Gold hovers around the USD 1200 mark as the market expects the European Central Bank (ECB) to announce its own version of QE – sovereign bond purchases – at the Dec. 4 meet.

Gold traded 0.05% higher at USD 1999/Oz levels at the time of writing. Prices recovered from a low of USD 1992.960 as bond yield in the Eurozone slipped to record lows as investors concluded that the implementation of QE by the ECB is inevitable. Thus the yellow metal, known to have a direct relationship with the balance sheet size of the central banks, gained strength in anticipation of aggressive measures from the ECB.

The yellow metal also receives support from interest rate cut announced by the People’s Bank of China (PBoC) last Friday and the aggressive expansion of stimulus from the Bank of Japan on Oct. 31.

Meanwhile, Gold has declined 0.70% in the EUR terms on the upbeat German data, that pushed the single currency higher against the US Dollar.

Another Successful Week For The US Stocks

Friday the 12th of Nov. 2014 was the 5th positive week for the US stocks,  on signs the U.S. economy is improving and central banks from China to Europe are taking additional stimulus measures.

According to FxStreet post in Friday that :

Wall Street rallied on Friday as investors welcomed China’s decision to cut its benchmark interest rate and comments from Mario Draghi that the ECB is ready to expand its asset purchase program.


China cut the benchmark interest rate for the first time in over 2 years by 40 bps to 5.6%. In addition, the 1-year deposit rate was reduced by 25 bps to 2.75%. Meanwhile Mario Draghi said the ECB will do what is necessary (whatever it takes) to raise inflation as soon as possible. ECB will adjust the size, pace and composition of asset purchases.

US stocks rallied at the opening bell, but major averages were progressively decreasing throughout the day, mainly due to profit taking. Anyway, major indices ended its fifth positive week with the Dow and the S&P scoring record close. In fact, the S&P marked its 45th record close this year.

The GBP/USD Claimed to 1.5736 Today

The GBP/USD performed better than the beginning of this week after the good support that it found at 1.5640 today as Fxstreet.com mentioned in their report as below  :

The pair climbed almost a big figure from session troughs in the 1.5640 band to session peaks just ahead of 1.5740 during the European afternoon, just to deflate soon afterwards. In the data space, UK Retail Sales advanced above consensus during October, giving GBP extra wings although for a limited period of time. Tomorrow’s docket only offers the Public Sector Net Borrowing figures, expected at £6.70 billion during October.

GBP/USD relevant levels

At the moment the pair is up 0.15% at 1.5702 and a break above 1.5720 (high Nov.19) would open the door to 1.5737 (high Nov.17) and finally 1.5741 (10-d MA). On the flip side, the initial support lines up at 1.5600 (psychological level) ahead of 1.5590 (low Nov.19) and then 1.5564 (low Sep.6 2013).

What happened to Gold price’s ?

By the end of this year, the gold price fell to a lowest point this year at 1131$,also this month was the lowest compare to the rest of the year.
And one of the strongest reason was the strengthen of the US Dollar.
Also, today we saw the same scenario after the dollar gain two weeks high as Bloomberg reported and the add:
Holdings in gold contracts reached the highest in almost 22 months as investors added to bets that prices will drop. Futures fell before before the Federal Reserve releases minutes of its last meeting.

The aggregate number of futures contracts yet to be closed, liquidated or delivered rose to 459,657 yesterday, the highest since Jan. 22, 2013. Money managers have boosted their short wagers to the highest in four weeks, while long holdings dropped to the lowest since January, government data show.

Investor appetite for bullion has ebbed as the dollar jumped to the highest since 2009 against a 10-currency basket and the Fed moved closer to its first U.S. interest-rate increase in eight years, cutting demand for the metal as an inflation hedge. Gold futures slumped to the lowest in four years this month, heading for a second straight annual loss.

“The data show that a lot of people have eliminated their long exposure and are piling up their short bets,” Bart Melek, the head of commodity strategy at TD Securities in Toronto, said in a telephone interview. “The market is clearly worried about increase in interest rates.”

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Gold futures for December delivery lost 1.2 percent to $1,182.20 an ounce at 10:48 a.m. on the Comex in New York. A close at that price would mark the biggest decline since Nov. 5. The metal fell to $1,130.40 on Nov. 7, the lowest since April 2010.

Aggregate trading was 27 percent above the 100-day average for this time, data compiled by Bloomberg show.

Bullion has declined for two straight months, the longest slump this year, as U.S. equities surged to a record and inflation failed to accelerate. Fed officials said last month that lower energy costs may hold down consumer costs in the near term.

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After Draghi’s speech the EUR/USD heading to the bottom

As we saw today that the pair fell from 1.2577 after it opened the day on 1.2530 and kept on falling down through the day till 1.2444. And all that caused by Draghi’s speech today as Bloomberg reported as follow:

The euro fell versus most of its 31 major peers as European Central Bank President Mario Draghi said stimulus to lift the euro area’s “abysmal” performance may include buying government bonds.

“What Draghi said has really been that they’re doing what they can to try to ease the credit cycle and try to support the economy,” said Mark McCormick, a foreign-exchange strategist in New York at Credit Agricole SA. “The market just really wants to continue to sell the euro. To me though, it’s starting to look a little bit overdone.”

The euro fell 0.6 percent to $1.2455 as of 2:56 p.m. in New York. The yen appreciated 0.4 percent to 145.07 per euro, after earlier touching 146.53.

The US Army Needs To Stay For Long Time In Iraq.

After the intervention of the US air force in the fight against Islamic State in Iraq and Syria, The US leaders think now it is a good idea to involve the US army too in this war to help the Iraqi army to defeat the Islamic State’s troops in the region .

Also, Bloomberg add in their report today as follow:

President Barack Obama’s top military adviser said more U.S. troops may be needed in Iraq for a “long and difficult” fight against Islamic State, as military planners assess the shortcomings of Iraqi forces.

Army General Martin Dempsey, chairman of the Joint Chiefs of Staff, told lawmakers yesterday that more complex operations in Iraq, such as efforts to retake Mosul or secure the Syrian border, may require deploying a limited number of additional American military advisers in action with Iraqi soldiers.

“I’m not predicting at this point that I would recommend that those forces in Mosul and along the border would need to be accompanied by U.S. forces, but we’re certainly considering it,” Dempsey said at a hearing of the House Armed Services Committee.

His testimony reflects a debate between some military and intelligence officers and civilians and White House officials following Obama’s pledge to end the U.S. war in Iraq. Analysts such as Anthony Cordesman of the Center for Strategic and International Studies in Washington, say it’s “far from clear” whether Obama’s current cap of 3,100 U.S. troops in Iraq will “come close to meeting the need.”

While Obama has ruled out combat “boots on the ground,” recent defeats make it obvious that Iraq “desperately needs forward U.S. advisers, not just joint operations centers in Baghdad and Erbil and advisers in the rear,” Cordesman wrote in a report this week.

Dempsey said that any expansion of U.S. forces in Iraq is likely to be modest since he doesn’t “foresee a circumstance when it would be in our interest to take this fight on ourselves with a large military contingent.”

The GBP/USD attacking the critical support at 1.5720

The GBP/USD kept falling and broke through the support at 1.5720 and in the moment of writing this post it is at 1.5708. And this shows that the pair maybe heading to point reaches 1.5400.

Also, Bloomberg.com reported that :

The pound fell to the lowest in more than a year versus the dollar as the U.K.’s property slowdown deepened concern that growth has cooled, prompting investors to delay bets on when the Bank of England will raise interest rates.

Sterling slid to the least in three weeks against the euro after Monetary Policy Committee member Ben Broadbent said in a BBC radio interview that disinflationary trends in the U.K. economy “will remain in place for a while.” Investors now are betting the central bank will holdrates until at least October next year. U.K. government bonds rose as the nation sold 3 billion pounds ($4.72 billion) of 10-year gilts.

“There are some signs of economic deceleration and external challenges, particularly from the euro zone, which may add downward pressure to the pound in the near term,” said Jeremy Stretch, head of foreign-exchange strategy at Canadian Imperial Bank of Commerce in London.

The pound dropped 0.3 percent to $1.5724 at 4:53 p.m. London time after falling to $1.5723, the least since Sept. 11, 2013. It depreciated 0.6 percent to 79.32 pence after reaching 79.36 pence, the weakest since Oct. 21.

Sterling’s decline trimmed gains in the past 12 months to 5.3 percent, still the best performer after the dollar, which rose 7.8 percent in the period, according to Bloomberg Correlation-Weighted Indexes that track 10 developed-nation currencies. The euro slid 1.1 percent.

CIBC’s Stretch said he is “still upbeat about the economy overall and we see a setback in sterling as an opportunity to buy.”

Intensive Indicator for your MT4

Dear followers,
To make sure that we you are completely aware about the market future moves while we are looking at the Meta Trader 4, we have to keep a sharp eye on the following:

Market Strength – measures the current volatility of the market depending of the average market volatility.

Daily Market Trend – monitors the power of market trend on daily basis.

Market Direction – summarizes the market trend based on the values of four indicators in 3 different time frames, short term (M1-M15), medium term (M30-H4) and long term (D1-W1).

OverallStrength – For a given bar, OverallStrength indicates the strength of the overall signal given by SmartTemplate. It takes into account the 4 indicators composing SmartTemplate as follow:

For each Long: +1
For each Short: -1
For each Neutral: 0

For example: If ATCI gives Long signal, MACD gives Long signal, ATLDiG gives Long signal and AMA gives Short signal, OverallStrength indicator gives value “2” (1 + 1 +1 – 1 = 2)

Used indicators:

• ATCI – Moving average based indicator with custom weighting method 
• ATLDIG – Adaptive trend line for following the trend and market cycles 
• MACD -Moving average based indicator 
• AMA – Moving average based indicator

Legend at the bottom

This shows the list of indicators displayed on the chart and the corresponding colours: 
Colours can be interpreted as follow:

• ATCI – Green = Uptrend, Red = Downtrend, Grey = Neutral 
• ATLDiG – Light blue = Uptrend, Orange = Downtrend

And more you can find in ActivTrades Smart Template.

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Do not miss it, Good Luck.

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