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Account Name: komolafe kola
Account Number: 4413635461590
Fixed Odds Trade – GBP/USD Daily Chart Bear Trade 22nd July 2009
Published on Wed, 22/07/09 | Currency, Fixed Odds Trades, Indices, Markets, Stocks
Tags: Bull Bet, currency broker, currency chart, currency charts, currency futures, currency market, currency markets, currency options, currency trade, currency trader, currency traders, daily forex, dollar forex, euro currency, euro trading, Financial betting, financial fixed odds, fixed odds betting, foreign currency trading, foreign exchange trading, forex account, forex broker, forex brokers, forex charts, forex course, forex currencies, forex currency, forex education, forex euro, forex exchange, forex forecasts, forex futures, forex hedging, forex margin, forex market, forex mini, forex news, forex pip, forex pips, forex rates, forex real time, forex signal, forex signals, forex spot, forex strategies, forex strategy, forex tips, forex trader, forex trading, forex trading strategies, forex training, FTSE 100, fx charts, fx currency, fx forex, fx trading, global currency, global forex, learn currency trading, learn forex, managed forex, No Touch Bet, one touch bets, online currency trading, real time currency, spot euro, trade forex, trading currencies, trading platform, up down bet, us currency, usd currency, usd forex, usd trading
<< Fixed Odds Trade - Pounds vs Dollars 21st July 2009 Fixed Odds Trading - Double Bet AUD/JPY 23rd July 2009 >>
Pound vs Dollar - Daily Candle Chart 22nd July 2009
Pound vs Dollar - Daily Candle Chart 22nd July 2009
It’s been a flat opening for the FTSE, CAC and DAX as the bulls and bears continue to trade punches. There was excitement after the close of US markets last night as Apple smashed its earnings estimates. Unfortunately this excitement has proven to be short lived and there has been a steady decline in optimism overnight. Investors didn’t get anything too bullish from Fed chairman Ben Bernanke and other company announcements such as Yahoo were a muted affair. After such a spectacular run up, a bout of profit taking or buying fatigue is natural. At 08.30 GMT today we have the release of the minutes from the last MPC meeting, followed by Canadian retail sales at 12.30, then at 14.00, Fed Chairman Bernanke continues his testimony. Aside from a number of middle tier economic announcements, these will be today’s main market movers today.
My Fixed Odds Suggested Trade
The pound is getting hammered in early trading, most notably against the dollar where it stands 0.75% down on the day. Investors are taking fright at the size of the UK debt mountain and news that up to 9% of tax revenue could go to debt repayments in the next 5 years. Money is flowing back into the perceived safety of the US dollar and Japanese yen, making the GBP/ USD today’s pair in play. 1.6500 looks like it’s becoming a tricky level to surpass on the GBP/USD. A bear trade predicting that the GBP/USD will be below this over the next few days could be best way to play this.
Account Name: komolafe kola
Account Number: 4413635461590
Fixed Odds Trade – GBP/USD Daily Chart Bear Trade 22nd July 2009
Published on Wed, 22/07/09 | Currency, Fixed Odds Trades, Indices, Markets, Stocks
Tags: Bull Bet, currency broker, currency chart, currency charts, currency futures, currency market, currency markets, currency options, currency trade, currency trader, currency traders, daily forex, dollar forex, euro currency, euro trading, Financial betting, financial fixed odds, fixed odds betting, foreign currency trading, foreign exchange trading, forex account, forex broker, forex brokers, forex charts, forex course, forex currencies, forex currency, forex education, forex euro, forex exchange, forex forecasts, forex futures, forex hedging, forex margin, forex market, forex mini, forex news, forex pip, forex pips, forex rates, forex real time, forex signal, forex signals, forex spot, forex strategies, forex strategy, forex tips, forex trader, forex trading, forex trading strategies, forex training, FTSE 100, fx charts, fx currency, fx forex, fx trading, global currency, global forex, learn currency trading, learn forex, managed forex, No Touch Bet, one touch bets, online currency trading, real time currency, spot euro, trade forex, trading currencies, trading platform, up down bet, us currency, usd currency, usd forex, usd trading
<< Fixed Odds Trade - Pounds vs Dollars 21st July 2009 Fixed Odds Trading - Double Bet AUD/JPY 23rd July 2009 >>
Pound vs Dollar - Daily Candle Chart 22nd July 2009
Pound vs Dollar - Daily Candle Chart 22nd July 2009
It’s been a flat opening for the FTSE, CAC and DAX as the bulls and bears continue to trade punches. There was excitement after the close of US markets last night as Apple smashed its earnings estimates. Unfortunately this excitement has proven to be short lived and there has been a steady decline in optimism overnight. Investors didn’t get anything too bullish from Fed chairman Ben Bernanke and other company announcements such as Yahoo were a muted affair. After such a spectacular run up, a bout of profit taking or buying fatigue is natural. At 08.30 GMT today we have the release of the minutes from the last MPC meeting, followed by Canadian retail sales at 12.30, then at 14.00, Fed Chairman Bernanke continues his testimony. Aside from a number of middle tier economic announcements, these will be today’s main market movers today.
My Fixed Odds Suggested Trade
The pound is getting hammered in early trading, most notably against the dollar where it stands 0.75% down on the day. Investors are taking fright at the size of the UK debt mountain and news that up to 9% of tax revenue could go to debt repayments in the next 5 years. Money is flowing back into the perceived safety of the US dollar and Japanese yen, making the GBP/ USD today’s pair in play. 1.6500 looks like it’s becoming a tricky level to surpass on the GBP/USD. A bear trade predicting that the GBP/USD will be below this over the next few days could be best way to play this.