Monday, March 31, 2014

Yellen strikes dovish tone

Treasurys bounce off session lows as Yellen strikes dovish tone in her latest speech. The Fed chief says the central bank is "considerably" short of both dual-mandate goals--promoting jobs while keeping inflation steady. She says low rate of wage growth is another sign the Fed's job isn't done, the latest sign the most-prominent dove is in no rush to raise interest rates. Monday's data support her point--the Chicago PMI slid to 55.9 from February's 59.8. Still coming this week is ISM data and the March jobs report, key for setting the near-term bond-market outlook. The 10-year note is 11/32 lower, yielding 2.752%.

GMP Securities

GMP Securities, despite today's rally for the loonie on the January GDP data, still thinks the currency will make a run to C$1.15 versus the greenback before finishing 2014 at C$1.09. It calls the GDP report merely a reversal of December's weather-pressured result and still thinks the metric will rise 2.4% for the year, lagging its 3% estimate for the US. A soft economy driven by "stubbornly slowly improving business investments," along with slow export growth, isn't good for the Canadian dollar, GMP notes. Combined with limited commodity-prices gains amid uneven global GDP growth, it sees the Bank of Canada staying on the sidelines for another year. The greenback is around C$1.1020.

Sunday, March 30, 2014

investing as a stock or Forex trader

 You need to change your thinking and you will be a smart investor, because if you always do what you've always done you will fall into that losing pattern again.  You need to go back to look at the trade setup again and see why it was a bad trade. What could you have done better to analyze when to enter the trade. This is how smart traders become successful and keep taking money from the new traders. You haven't put a stop loss in and the price action makes a sudden and dramatic move and you start chasing a losing trade hoping to get back to break even. You must change your thinking to break the pattern and become a smart trader and investor.
Stocks Smart Investing

Improve your profits when trading stocks

Improve your profits when trading stocks by knowing what the insiders of the company are buying.
 You need to increase your profit from  winning stock trades or reduce your losses from the losing
stock trades.The first thing you need to do is use trailing stops on all your stock trades.Before you enter a stock trade you need to determine how much you are willing to risk if the trade goes against you.Usually in the five to ten percent range is a good stop loss but you need to make that decision and stick with it. You need to move the stop to breakeven as your trade is making a profit.
 
Insiders buying of stocks

Friday, March 28, 2014

USD/CHF Daily update

 USD/CHF  Daily
13::15GMT - Mkt. reached the s/term limit with the trade near the      0.8895 res. Current setback should find sup. at 0.8835/40 and prices  should rebase there. Lower sup. is at 0.8815/20. Res. is now at 0.8899.