S&P500 and Dow rallied yesterday again, better if we say has rallied in the last six days in row. This song is more actual than ever: The sentiment is extremely bullish in Asia, US and Europe, and all over the world. Yesterday’s number: Dow +1.11%, S&P500 +1.35%, Nasdaq 1.63%. All investors cooled down and set … “S&P500 and Dow: Higher and higher – Bull market in play”
Category: Forex Bits
MarketsPulse introduces binary options platform that complies with Japanese
MarketsPulse, which provides software for binary options, is set to launch its binary options technology, including an iPad app, for the Japanese markets, on July 17th. Japan recently introduced new regulation. MarketsPulse recently launched Option on Demand – Enabling traders to create their own investment portfolio. Here are more details about the Japanese platform, from the … “MarketsPulse introduces binary options platform that complies with Japanese”
LXSuite Venture Edition – low-cost brokerage solution for start-up
Leverate, which makes software solutions for brokers, launched a new initiative: LXSuite Venture Edition. It has zero set-up and monthly maintenance fees and could be useful for the startup broker. Leverate recently stepped into the Japanese market. For more details, here is the official press release: July 8, 2013 – Leverate today has released LXSuite … “LXSuite Venture Edition – low-cost brokerage solution for start-up”
Retracement Ichimoku Alert: USDCAD Forex Daily Chart
This chart shows the daily USD/CAD, with Ichimoku indicator applied. The red line across the chart is the Kijun Sen, or the median price level for the past 26 periods. Ichimoku theory suggests that a flat horizontal Kijun Sen is like a magnet, or equilibrium, drawing prices back to it. We saw this happening in … “Retracement Ichimoku Alert: USDCAD Forex Daily Chart”
Top rogue traders and what they have in common
Lone-wolves are like traders apparently. The rush is on to get the prey, except the prey here is just the profits. But, the wolf and the rogue trader both tear off chunks of that and leaving nothing but a carcass to rot. Or, at least so we are told by the banks that prosecute the … “Top rogue traders and what they have in common”
Biggest financial scams in history
Everybody loves it when a bad guy makes good. Everybody loves it even more when the bad guy gets caught. But, what does everybody love more than both of those things? Easy: they love to know where the bad guy went wrong in history so they don’t make the same wrong moves. Throughout history there … “Biggest financial scams in history”
IG adds MetaTrader 4 to its portfolio
Forex broker IG is announcing the addition of MetaTrader 4, one of the most popular trading platforms, to its portfolio of services. For more details, here is the official press release: IG, the UK’s largest retail forex provider*, is adding MetaTrader 4 (MT4), the popular electronic trading platform, to its wide portfolio of services Trading … “IG adds MetaTrader 4 to its portfolio”
Admiral Markets Launches complete MetaTrader solution for Mac
Estonia based forex broker Admiral Markets introduces an OS X MetaTrader solution that runs the trading platform smoothly on Apple’s Mac OS similar to the original that works on Windows computers. No system crashes and no limitations on features anymore says the broker.Admiral Markets’ new solution gives Apple users the same high-quality trading experience investors enjoy … “Admiral Markets Launches complete MetaTrader solution for Mac”
Is China ready to encounter the liquidity crisis?
The People’s Bank of China will continue, according to an official statement issued through their press agency Xinhua News, to act prudently in the coming months regarding liquidity deposits in Chinese banks. However, they have also tried to calm things down in terms of volatility on the Shanghai Composite by stating that they will use … “Is China ready to encounter the liquidity crisis?”
Global growth to grind down
HSBC has put the dampers on world economic growth, or rather revealed that it is not as might have been suggested in previous forecasts. The entire world, including Emerging Markets, will see a drop in their predicted economic growth this year and next year. Fears over tapering of the Federal Reserve’s Quantitative easing will problem … “Global growth to grind down”