Boris Johnson is off the race for Conservative party leadership ( UPDATED 2 )

UPDATE 2 ( 04.07.2016 ): The UK politics meltdown continues with resignation of Nigel Farage who was a very strong advocate of Leave camp. 11:19 GMT UPDATE: Theresa May and Michael Gove being two candidates to replace David Cameron. Boris Johnson promised a lot during the Leave campaign and likely wouldn't be able to deliver on his promises as a Prime Minister. ------------------------------------------------------------------------------ Boris...

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Forex - Live European Session 30.06.2016

Hi all, that's beta test of our Forex Live Market Coverage - Market Makers Method / Price Action / Supply & Demand. 15:20 GMT - Carney is speaking on Brexit, FROM RTRS *sees need for summer stimulus after Brexit shock * that's the explanation of what we have seen last few minutes... of course AUDUSD closed at entry lvl... Let's leave Big Boys with their own...

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Brexit ongoing…

Facts from UK: -          Political meltdown in UK – as no one wants to take the full responsibility and act -          Unfortunately, the leaders of Leave camp admitted in after referendum aftermath that not all what they said in the campaign was really truth -          Lafarge...

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Forex - Live European Session 28.06.2016 ( Updated )

Hi all, that's beta test of our Forex Live Market Coverage - Market Makers Method / Price Action / Supply & Demand. 8:38 GMT ( 29.06.2016 ) - thank you in advance for any comments and feedbacks. JOIN US TOMORROW AGAIN ( 30.06.2016 ) - NEXT LIVE TRADING COVERAGE STARTS BEFORE EUROPE OPEN   8:20 GMT ( 29.06.2016 ) - SUMMARY: Good start of our new idea - Live...

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S&P cuts UK´s sovereign credit rating to AA from AAA

S&P cuts United Kingdom`s sovereign credit rating to AA with negative outlook . The agency referred to the outcome of the EU referendum held last Thursday in the country. According to the S&P the result of the Brexit vote will have further negative impact on the stability and predictability of policy making in the UK. The agency mentioned also concerns...

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EURGBP - Tech overview

Hi, its not that easy to trade these days :) EURGBP - approaching very interesting supply zone on weekly chart ( we have mentioned that chart in our weekly macro overview 2 weeks ago ): Bulls are trying to take the advantage of the Brexit but real question is UK or EU is going to be more affected ? Anyway, from bulls perspective, close above 0,8380/0,84 is needed...

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Brexit going real…

Draghi (ECB) and Carney (BoE) meeting for a Friday cup of tea? Why not, as there is really lots at stake. Don’t even forget about EUR clearing still taking place in London and not in Frankfurt or Paris what would many think. As Brussels is putting more and more pressure on UK politicians to assume the full responsibility and start the exit talks immediately, the London’s...

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People`s Party won 137 seats in Spain`s Elections (2nd update)

Peoples of Spain turned to pro-establishment People`s Party of Mariano Rajoy, which has won 137 the seats (39% of 350) in the repeated Spanish Elections compared to 123 in December. The two biggest left wing parties of the country, Unidos Podemos will have 71 (unchanged) and the Socialist party 85 seat (down from 90) in the new parliament. In contrary to the earlier estimates...

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Weekly Macro Overview - Week 26

The anti-austerity Podemos is expected to make big gains in Sunday`s Spanish general elections. After the last week’s shocking result of British referendum, another political event that may drive the markets lower. The question whether this could be the start of a bear market... well, the technical picture seems to be confirming this thesis (we have mentioned...

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Red Alert - BREXIT notes ( part 3 ) - Personal advice

Hi all, ... and its done. There are 3 possibilities how traders are positioned right now ( and my personal advice for each ): 1. You hit the jackpot - You were on the right side of the market. Don't give up any penny You have made last night. Start your big weekend now ! Traders took some/all profits already, we don't know what may happen over the weekend ( politicians...

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Red Alert - BREXIT notes ( part 2 ) - Forex liquidity problems

Liquidity As we a will be approaching the close of polling stations (2100 GMT) tonight, the liquidity will be likely drying up more and more, thus the risk of gapping or abrupt market moves will become very high. Being prudent in such cases means to scale down the trading activity, ticket sizes or eventually, open a bottle of good wine and watch the market. As...

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Forex - AUDUSD intraday short opportunity ?

Hi, looks like bulls on AUDUSD love the * USD sell-off * party... Well, it could be very soon when the lastest longs will understand that they turned-off the light at that particular party. Intraday we are selling into that rally @0,7595 Please find daily and intraday charts below as explanation: Daily: Intraday: Happy Fx Trading ! ...

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Red Alert - BREXIT notes

FX movements In case of a Leave vote, there is no doubt about GBP weakening sharply. The stress will spread to EM space, EUR and other risk assets. On the flip side of the coin should be JPY, CHF and gold. What really makes a difference from the CHF event, BoJ surprise move weakening the JPY by 3% or events related to ZAR move of 10%, is that the market was getting...

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Weekly Macro Overview - Week 25

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Compare Forex Trading and Stock Trading

The forex (foreign currency exchange) market is the largest and most liquid financial market in the world. The forex market unlike stock markets is an over-the-counter market with no central exchange and clearing house where orders are matched.Traditionally forex trading has not been popular with retail traders/investors (traders takes shorter term positions than investors)...

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Online Forex Trading Strategy - How to Make Currency Trading Systems Work For You

Now that there are hundreds of Forex margin brokers, millions of free Forex trading tips websites and literally hundreds of thousands of Forex day trading strategy "home based business" Forex traders, we can say that virtually anyone with an internet connection can trade Forex with the pros.In any power trading strategy, a proven trading method will mean that through Forex...

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Learn Forex Trading - Professional Forex Training - What's the Buzz About?

So what is the buzz about trading Forex?Well, I love what I am doing... I love it so much that I decided to demonstrate the Forex buzz with you. And if you give me ten minutes of your time, you too will understand why...Forex is a potential solution for every single person looking to make more money; earn persistent income and take back control of their lives.That is a...

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