Hi Folks, well what looked like a more of a volatile week ahead, turned out to be more ranging, sideways markets and really a whole lot of nothing. Our biggest mover of the week was on Wednesday, in the AUD/USD with a late afternoon push to the upside at around 130 pips.
Looks like a Market Maker/Central Bank wanting to get more bang for there buck with a thin market to step in late in the day and push the market up to the 1.05 level.
I'm hoping we see more action this next week with more news in Consumer Confidence, Home Sales, Italian Bond Auction and our #1 manipulator of Markets on Friday, Fed Chairman Ben Bernanke. Should be a interesting week ahead.
have a relaxing weekend!
-David
Friday, August 24, 2012
Wednesday, August 8, 2012
The Euro and Spanish yields
This past friday, August 3rd, 2012. We saw our biggest move in the Euro of the year. Moving around 218 pips to the upside with incredible momentum and strength. As we enter into this dangerous zone now with Spanish yields trading at around 7.5% there is a direct correlation between how the euro is affected and so are the other markets with the Euro. For the upcoming week, watch bond yields and even with a lighter week for news, lets see if the Euro continues down or makes a push up from all this rhetoric from the BOE and that maybe these politicians will make good on there promises.
note as of today: source dailyfx: Spanish 10-year bond yield is up 3.7 bps to 6.82%, Italian benchmark yields up 2.7 bps to 5.96%. German benchmark yield is down 2.9 bps.
happy trading!
Sunday, August 5, 2012
Banc De Binary Broker Review- The Top 10 reasons Why Banc De Binary in the best for Binary Options
So after diving in myself into the Binary Option world with High payouts and low expiry times, even as low as 60 secs. Why have I chosen Banc De Binary as the best broker? Well its simple:
1. They are strong company and given a position as a "World Finance 100 Company" next to those of HSBC, Goldman Sachs, JP Morgan, and Visa.
2. Banc De Binary is well capitalized and have allot liquidity with recently announcing surpassing over 200,000 account holders. Something that is very important when your a trader and wanting to always be able to get your money back.
3. They also have a awesome customer service, 24/7 live customer support. And their very friendly, typically will call you even after you first set-up your initial account to point you in the right direction with making a deposit and/or to answer any questions you might have.
4. BB offers Comodo SSL site protection and ET Binary Options website identity assurance warranty of $250,000, which translates into the user being insured for up to $250k when relying on information provided by IdAuthority.
5. BB trading platform is solid and offers the opportunity to buy(Call) or sell(Put) in Stocks, Commodities, Currencies, and Indices. With Expiry times as fast as 60 secs or End of Day GMT.
6. From a practical standpoint BB is one of the only brokers to offer a $50,000 demo account to trade once you fund your account. Customer service than walks you over the phone or "live" chat to set-up your demo account and than your free to practice, and improve your skills with trading binary options.
7. BB offers plenty of Education links to help you understand Binary Options and includes pdf files to read to really understand glossary terms and trading options to get you up and trading as soon as possible. They even offer coaching and updated educational blog to help their clients.
8. If you desire every morning BB will send you a copy of the Daily Market Review that is up to date with live market events, news, and anything to be aware of before you start trading. There is also in the works more development in this to where this will be all live and will feature live trading events and current market analysis.
9. Although BB has its bank in Cyprus and offices all over the world-- their main office is located in the USA address:
10. BB offers account funding via credit/debit card, wire, moneybookers or alert pay.
Must be a minimum of $500 to start with VIP accounts at $100k or more earning 2.5% annually of funds maintained in the account.
Withdrawals: Are to the same funding method as to your deposit. eg. funded your account with credit card, withdrawal will go back to credit card. Now I wish there were a little more alternatives here but that's the rules. You must verify your account and go through the compliance process before they will allow withdrawals but for me it was a pretty easy process and they are flexible with helping you.
**My only complaint with Banc De Binary is the trading platform being a little slow (by the way best browser to use is Google Chrome, Safari on my Mac works OK, but Google Chrome is the so far the best) and that it logs you off every time after so many minutes without activity. This is something to really remember before you execute a trade and realize the platform won't let you until log back in. So that amount of time is lost, so word from the *wise make sure your logged-in * and ready to execute that trade and not lose out when the market moves. **
for more information: http://www.bbinary.com/
1. They are strong company and given a position as a "World Finance 100 Company" next to those of HSBC, Goldman Sachs, JP Morgan, and Visa.
2. Banc De Binary is well capitalized and have allot liquidity with recently announcing surpassing over 200,000 account holders. Something that is very important when your a trader and wanting to always be able to get your money back.
3. They also have a awesome customer service, 24/7 live customer support. And their very friendly, typically will call you even after you first set-up your initial account to point you in the right direction with making a deposit and/or to answer any questions you might have.
4. BB offers Comodo SSL site protection and ET Binary Options website identity assurance warranty of $250,000, which translates into the user being insured for up to $250k when relying on information provided by IdAuthority.
5. BB trading platform is solid and offers the opportunity to buy(Call) or sell(Put) in Stocks, Commodities, Currencies, and Indices. With Expiry times as fast as 60 secs or End of Day GMT.
6. From a practical standpoint BB is one of the only brokers to offer a $50,000 demo account to trade once you fund your account. Customer service than walks you over the phone or "live" chat to set-up your demo account and than your free to practice, and improve your skills with trading binary options.
7. BB offers plenty of Education links to help you understand Binary Options and includes pdf files to read to really understand glossary terms and trading options to get you up and trading as soon as possible. They even offer coaching and updated educational blog to help their clients.
8. If you desire every morning BB will send you a copy of the Daily Market Review that is up to date with live market events, news, and anything to be aware of before you start trading. There is also in the works more development in this to where this will be all live and will feature live trading events and current market analysis.
9. Although BB has its bank in Cyprus and offices all over the world-- their main office is located in the USA address:
| 40 Wall Street (28th Floor) New York, New York, 10005, United States | ||
| Telephone: | +1-800-656-6163 | |
10. BB offers account funding via credit/debit card, wire, moneybookers or alert pay.
Must be a minimum of $500 to start with VIP accounts at $100k or more earning 2.5% annually of funds maintained in the account.
Withdrawals: Are to the same funding method as to your deposit. eg. funded your account with credit card, withdrawal will go back to credit card. Now I wish there were a little more alternatives here but that's the rules. You must verify your account and go through the compliance process before they will allow withdrawals but for me it was a pretty easy process and they are flexible with helping you.
**My only complaint with Banc De Binary is the trading platform being a little slow (by the way best browser to use is Google Chrome, Safari on my Mac works OK, but Google Chrome is the so far the best) and that it logs you off every time after so many minutes without activity. This is something to really remember before you execute a trade and realize the platform won't let you until log back in. So that amount of time is lost, so word from the *wise make sure your logged-in * and ready to execute that trade and not lose out when the market moves. **
for more information: http://www.bbinary.com/
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