Warning, Currency Consolidation Ahead
Wall Street advanced sharply last week as investors interpreted minutes from the Federal Reserve's last meeting, as an indication that the central bank will keep cutting interest rates to stimulate the economy. Dow Jones Industrial Average and Standard & Poor's 500 index reached new record levels. Leading the charge has been the high-tech Nasdaq 100, with companies like Google, Apple and RIM (Blackberry) powering to a record high. Many questioned Google's IPO price of $ 100 per share, but with a share price above $ 600, Google continues to grow at an astonishing pace, says Michael Wright of Betonmarkets.com
The minutes of Federal Open Market Committee's Sept. 18 meeting showed that Fed governors voted unanimously for a half point cut. The minutes also showed that officials were concerned that weakness in the dollar could lead to higher inflation. Balanced against this was the fear that the summer credit crisis continues could pose a significant risk to economic growth. The market interpreted this as meaning that the Fed is willing to intervene with a rate cut. Many believe that the probability of another cut in either October or at the December meeting seems greater than before the minutes were released.
Besides The president is the Federal Reserve Bank of St. Louis, William Poole said in a speech on Tuesday that he believes financial markets are "still fragile" from weakening credit conditions, but they do not seem to be stabilized. San Francisco Federal Reserve Bank President Janet Yellen said in a speech the central bank must focus on "how financial market development is expected to affect employment, output and inflation. "
All this does not look good for the U.S. dollar, which has lately suffered heavy losses against all major currencies. As to write that Canadian dollar is worth more then USD for the first time in more than 30 years. Euro / USD is in consolidation condition after breaking the 1.40 barrier in August this year, and Sterling is trading more than two dollars to the pound.
This time, a rate cut if it comes, is perhaps not so unexpectedly, and so might not do just as volatile a step, as it did after the last one. When the voltage in September, and the next U.S. rate cut potentially already priced in, it may be time for some consolidation in the currency markets. With the ECB are widely expected to keep rates the same go into the new year, the best place aggression can be the EURO / USD exchange rate, which has been consolidating in recent months.
With BetOnMarkets.com The average trader can take advantage of This possible situation of a "barrier series' bet, which compensates a trader, if a trade does not touch one of two predetermined level for the whole of the bet. They predict that the market will remain within the two higher and lower barrier levels.
A no touch on the EUR / USD with a 30-day period, and a 500 pip spread, either hand, gives approximately 10%.
– Objectives —
Contact Details:
E-mail: editor@my.regentmarkets.com
Tel: +44 1624 678 883
Address:
Regent Markets (IOM) Limited
3rd Floor, 1-5 Church Street
Douglas, Isle of Man
IM1 2AG
Betonmarkets.com is the leading fixed-odds financial betting website. The website has processed over 10 million games since its inception in 2000, and generates an annual turnover exceeding 100 million U.S. dollars. Concrete Markets offers a wide range of fixed odds financial bets on forex rates, stock indices, and international stocks.
Concrete Markets operated by the Regent Markets Group. Regent Markets is affiliated to the Regent Pacific Group, a Hong Kong-listed investment group. Regent Markets has offices in three countries, and the bookmakers licenses in the Isle of Man, UK and Malta.
Fixed-odds financial betting special advantages over other forms of financial betting and investments, such as limited risk, potentially high payouts, and unique market opportunities. Particularly popular are Concrete Market's Range Bet, which allows you to enjoy a period of quiet market action.
Concrete Markets also offers the following game types: the Bull / Bear bet, the One Touch bet, the No Touch bet, the Range and expiration Range bets, the Double One Touch and Double No-Touch bets, and a series of intraday bets. Contracts are available on exchange rates, major stock indices and stocks.
Fixed-odds bets are also known as binary options, binary bets, contingent claims, spot options, box options, click options, and offer market participants a unique tool for to take advantage of market movements.
Concrete Markets Bet Types:
One Touch Bet: You would buy a one-touch bet if you believe that the market will touch a given point at least once before the bet expires. In other words, pay a one-touch off, if at any time before maturity, the market touches or trades through the specified barrier. Example: [will pay 100 if the FTSE touches X between today and date T]
No Touch Bet: A no-touch bet is the opposite of the one-touch bet. You would buy a no-touch bet, if you think the market will never reach a certain level within a specified time interval. Example: [will pay 100 if the FTSE does not touch X between today and date T]
Bull Bet: You would buy a bull bet if you believe the underlying security / index / currency pair will be higher than a certain level (also called barrier level) on due date. Example: [will pay 100 if the FTSE closes higher than X on date T]
Bear Bet: You would buy a bear bet if you believe that the underlying security / index / currency pair will be lower than a certain level (also called barrier level) on the due date. Example: [will pay 100 if the FTSE closes lower than X date T]
Expiry Range Bet: You believe that the market will be between two different levels (high and low) on the expiration date. Example: [will pay 100 if FTSE closes between X and Y on date T]
Barrier Range Bet: You believe that the market will never touch two pre-determined barrier levels (high and low) before or at the date the bet expires. In other words, when you buy a barrier zone, you win only if the market never touches the two barrier levels you have chosen. Example: [pay 100 if the FTSE never touches X and Y between today and date T]
Double Touch Bet: You believe that the market will touch two pre-determined barrier levels (high and low) before or on the date the bet expires. In other words, when you buy a barrier range you will win only if the market touches both of the two barrier levels you have chosen. Example: [will pay 100 if the FTSE touches both X and Y between today and date T]
Up or Down Bet: You win if the market touches either of two predetermined barrier before or on the date the bet expires. Example: [will pay 100 if the FTSE touches either X or Y between today and date T]
Double Up Bet: A Double Up action pay twice the premium if the market rises above a certain level, between the time of purchase and the close of trading. It expires at the close of business on the day of purchase of the bet. Example: [pay 100 if the FTSE closes above X between now and the end of trading today]
Double Down Bet: A Double Down Bet pays two times the premium if the market falls below a certain level, between the time of purchase and the close of trading. It expires at the close of business on the day of purchase of the bet. Example: [will pay 100 if the FTSE closes below X between now and the end of trading today]
Intraday Double Up Bet: Buy this bet to play a market rise between two given hour market times today. You will have the opportunity to set the starting hour of the bet and the ending hour of the bet, and you will win double your stake if the market follows your prediction. Example: [pay 100 if the FTSE rises between the starting time hour and end hour]
Intraday Double Down Bet: Buy this bet to play a market drop between two given hour market times today. You will be able to set the starting hour of the bet and the ending hour of the bet, and you will win double your stake if the market follows your prediction. Example: [will pay 100 if the FTSE falls between the start time hour and the last hours]
Run game: These fun games are over in less than a minute, so you can earn money in seconds. Here you have to guess the last decimal digit say that USD / JPY (predict 3rd decimal place) after 5 ticks.
About the Author
Name: Mike Wright
Address:
Regent Markets (IOM) Limited
3rd Floor, 1-5 Church Street,
Douglas, Isle of Man IM1 2AG,
British Isles.
Phone: +44 1624 678 883
Email: editor@my.regentmarkets.com
URL: http://www.betonmarkets.com
EA tigerjavanese download & setup
We’ve discovered a forex currency E trading program that has helped many a trader! This forex currency trading system is called Fap Turbo, and its purpose is to automate the entire forex market, which gives you a trading platform on the foreign exchange currency trading market completely that operates completely unattended. You’ll even make money while eating, sleeping, or doing any other activity simply by implementing the FapTurbo fx trading system. Here’s How It Works, In Layman’s Terms: Click here to read the rest of the article:Forex Fap Turbo