Dollar depreciates after strengthening on strong

Dollar depreciates after strengthening on strong US reports

By 11:14 MSK on the EUR / USD pair
I went up sharply – to
1.0885 mark. At the same time, the index
dollar shows a negative
momentum after recent gains on Friday
against the background of positive statistics from the US.
The dollar index fell to 97.48 (0.27%). Course
The dollar rose against the yen to 120.84 yen.

Last Friday,
The US Labor Department announced
reducing the level of unemployment in the country
in February to 5.5%, and an increase in
the number of jobs in non-agricultural
industries in the economy 295 thousand. experts
We are waiting to decrease unemployment and 5.6% growth of
the number of jobs by only 235,000.

"We can see
a further increase in the dollar, especially if
US data will continue to be good".
– says investment strategist Edward
D. Jones Uern Kate (Kate Warne).

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Fractal trade for breakthrough

Fractal – trade for a breakthrough

Many experienced traders say that making money by trading on the market, easily. It is difficult to keep them afterwards. All markets are characterized by the fact that for most of the time the price is not much change, and only for a short time (15 – 30 percent) account for trend changes in prices. For traders who are not located in the exchange and / or non-specialists, attacking difficult times, when the market is not going anywhere. Most traders tend to put a protective stop (foot) is too close to the market and as a result suffer losses. The most favorable for profit during periods when market prices change according to a certain trend. Therefore, our first task is not to miss any significant trend. Remember – this is the first of our five entry systems in the market, and this is the first signal that we have to consider after the Alligator starts to wake up.

FRACTAL BREAKTHROUGH

We do not want to participate in the market and "keep your powder dry" as long as the Alligator will not be hungry and will not start your search of food (either higher or lower prices). We do not make any trades until until the first fractal will be in charge of our conditions. Let’s take another look at a typical stock and / or futures market (Fig. 4-1).

A typical situation in the market trading

Fig. 4-1 shows a typical, "characteristic" market behavior. Market from 70 to 85 percent of the time headway. During this period, the market activity of the majority of traders are losing money;
arrived at this time are only traders working in the stock room, which crush the market in a very short period of time. The most critical is the point at which there was at least the last. My trading methods, including the five magic bullets – is the best way to detect the bottom or the top.
Alligator will help us to engage in a real trend and not to conclude the transaction at the time of price fluctuations within a limited range, which is eating up our profits.

MODEL fractal

fractal model is simple. The market is moving in one direction or another. After some time, buyers who wanted

Fig. 4-1 Typical market

make a purchase, it made (during an uptrend), and the market falls back due to lack of buyers. Then on traders starting to affect some new information (Chaos). There is a new shopping flow, and the market is looking for a place value of non-compliance and agreement on the price moves up. If the driving market force (momentum) and the power of buyers is large enough to overcome the preceding up fractal, we can deliver an order to buy, so that concluded one transaction at a price exceeding one minimum price change (tick) the maximum fractal. Let’s examine some typical fractal model.

Fig. 4-2 you see an idealized diagram of fractal models "A’. The technical definition of a fractal – a series of at least five consecutive bars where the highest high before and behind him are two bars with lower highs. (The opposite configuration corresponds to a fractal for sale). One way to visualize this

Fig. 4-2 Model fractal.

reach out in front of him, splayed with five toes, while your middle finger is pointing upward. Your fingers – it’s five successive bars, and your middle finger is the highest high, forming a fractal. In fractal upstairs, we are interested only in the highest values ​​of the bars, while the fractal down interest are only the lowest bars. It is important to pay attention to the following restrictions:

  1. If the current bar has the same meaning on top of that and the average, the highest bar, it is not considered
    one of the five bars needed to form a fractal. For fractal purchase you must have
    maximum, which was preceded by two lower highs, and to be followed by two more
    low maximum. For fractal for sale, you should have at least one, which would be preceded by
    two higher minimum Isa followed by two higher lows.
  2. Fractals upward and downward, may include the same beverage. The same bar can be part of both the
    up fractal, and fractal down.

Pay attention to how the Model "AT" It meets all the requirements for a fractal. Two previous and two subsequent fractal may have any maximum, whose vertices will be no higher than the average bar (finger). In addition, the model "AT" is a fractal both upward and downward, since both of the preceding bar and the following bars and both are internal bars, if compared with the average bar fractal.
Model "FROM" It shows a different formation, which creates both an up fractal, and fractal down. As shown here, these fractals can "include" a same beverage. Model "D" It requires six bars to form a fractal up, because the fifth bar has a height equal to the previous highest high. To emphasize the above, once again repeat here the working definition:
Fractal must have two previous and two following bars with lower highs (more vysokimiminimumami when the downward trend). For fractal purchase we are interested in only the maximum value of the bars. For fractal for sale we are interested in only the lowest bars.
Fractals tell us a lot about "phase space" market behavior, but we can improve our trade, knowing how to change behavior of the fractal function, when the market will move from high to low and back again. After a fractal is formed, it will always be a fractal, but the role he plays, depends on its position in relation to the Alligator’s mouth. Fig. 4-3 shows the fractal buy and fractal for sale. If the buy signal is above the Red Balance Line (Alligator’s Teeth), we would place a stop order to buy at a minimum price change is one higher than the maximum up fractal. If a sell signal is below the Red Balance Line, we would place a stop order to sell at a minimum price change is one lower than the minimum signal fractal down.
It is important to understand that we do not pay attention to the fractal signal to buy, if, at the time when he is overcome, the price is below the Red Line Balance. This is the best method to filter out non-profit fractal transaction, which is known to us.

Fig. Fractal signals 4-3

After the fractal signal is generated and has power that is determined by its position Alligator’s mouth, it remains a signal as long as no infestation, or until such time as there is no more recent fractal signal.
Fig. 4-4 shows several fractal patterns. Fractal buy is at the top, and fractal for sale -in the bottom. Remember that although the formation of a fractal can be started, it must be filtered using the Alligator. In other words, you should not conclude a deal to buy if a fractal is below the Alligator’s teeth, and you should not conclude a deal to sell if a fractal is above the Alligator’s teeth.
Fig. 4-5 is an overview of a fractal characteristics. The basic structure of the market – it’s Elliott Wave, and the basic structure of the Elliott Wave – a fractal. If a trader is able to correctly identify the place of fractals, it allows him to profit by trading using Elliott Wave, not caring

Fig. 4-4 Various possible shapes of fractals

  1. What is happening between Fractal Fractal top down, it is always
    "Elliott wave of a certain level;
  2. Fractal always means a change in behavior; He is recognized as a
    sequence of five bars, where the central bar (or group) has a
    highs of fractals on top and lower lows FRACTALS
    DOWN.

One way to trade using fractal is as follows: if the market
overcomes the outer extreme high for up fractal or minimum
for a down fractal, move towards external orientation / Fractal point.

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Dollar licking his wounds after Fed shook bulls

Dollar licking his wounds after Fed shook bulls

The dollar suffered
heavy losses on Thursday, having made
its biggest one-day fall to
euro in the past six years. at the rate of
“Green” hit the Fed, which
It showed much more
“Dovish” tone than many expected
market participants, but also put emphasis
on the fact that the strengthening of the currency presses on
US exports. As expected,
the word “patient” was excluded from the
statement of interest rate rises,
but the outlook for the economy have been lowered,
and the expected trajectory of the recovery rate
rates become much longer and
flat. This – the signal to the gradual
policy normalizing rates. everything goes
slower than expected by many investors.

EURUSD on
8.55 MSK moment is trading at 1.0769,
when that pair was Monday
in a 12-year low, reaching $ 1.0457.

“Our technical analysts
now we say that we are seeing
short-term bullish trend reversal,
that will reveal new targets in line
1.1016 and 1.1098 “, – says Elza Linos,
senior currency strategist at RBC
Capital Markets. – “But in the long
run all fundamental signs
indicate a short position on EURUSD:
the pair will fluctuate between
1.1050 and 1.11, and in its further movement
It will focus on achievement
parity. ”

Against
yen dollar also slid down for
night. Compared with yesterday’s values
121.38, USDJPY fell to 119.76,
the first time in three weeks having gone below
at 120. However, it is now trading at
120.52.

“People
remain cautious buying
dollar / yen, “- said Kaneo Ogino,
Head of the research company
Global-info Co (Tokyo). – “I
convinced that even after today
Event dollar has a solid base against
Yen because people buy to
downs “.

but
dollar sell-off caused serious
a blow to the confidence of many of the “bulls” in
dollar. Some market participants
It said that the United States needed a strong data
to improve investor sentiment,
which will continue to rally the dollar. other
note that the dollar correction may
continue.

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Euro Rises Greece offers new promise

Euro Rises – Greece offers new promise

On Friday morning,
EUR / USD pair has started to grow,
already by 8:54 MSK it was trading at the level of
1.0687 (0.27% increase). Most likely, investors
respond positively to the news of the new
Greece promises.

representatives
the country has promised leaders of Germany,
France and the European Union to accelerate the implementation
planned reforms, writes the reported
"Deutsche Welle". Full list
reforms will be ready in the coming days,
announced today German Chancellor night
Angela Merkel. However, it also
clarified that Greece no promises
early provision has not yet been
loans listed. "everything must
It is done quickly", – said Merkel.

basis for
further work – an agreement that
We entered into a euro zone finance ministers
February 20, when the extended program
Greece. "In a spirit of mutual
confidence we are ready to accelerate work
and to complete it as quickly as possible"-
Ministers said in a statement. There
also it specifies that the Eurogroup is ready
to meet as soon as possible.

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Terrible start of US trading Dow fell 203 points

Terrible start of US trading: Dow fell 203 points, Nasdaq – 1.21%

American Stock Exchange
reduced after opening on fears
slowdown of China’s economy and on strong
dollar. US stock indexes sharply
falling as investors continue
to deal with the prospect of the nearest
Fed raising rates. In addition to this on
indexes presses is not strong enough
Dollar and the resumption of oil fall
quotations.

Shortly after the opening,
to 17:00 MSK, on ​​Wall Street, the Dow
Jones, S P 500 and Nasdaq Composite fell each
about 0,9% – Dow lost 203 points.

Weakness in the European
stock markets, which was a sharp
decline of the euro against the dollar,
as noted, also provides pressure
on the US markets. French CAC
40 decreased by 1.3%, German DAX – by 1.5%, in the
while Britain’s FTSE 100 – by 1.6%.

The euro reached a 12-year-old
low against the dollar, falling
to the level of 1,073 euros to the dollar. A fall
value of the euro continues after
run government bond purchase program
European Central Bank
Monday.

Why? American
multinationals who
the majority of businesses in Europe are
less competitive because
the price of US goods become
expensive. If big American
the company will sell fewer goods
abroad, this will be another negative
factor for the US stock market.

"Concerns about
rising dollar and falling oil
pressed the action"- says financial
Manager Louis Naveler its customers.

Strong reports
employment in the United States, published in
Friday, still affect mood
investors, says Wall Street. And Federal
Fed may change its
schedule to raise interest
rates sooner. Wall Street now expects
that the Fed will raise rates as early as
June, more than three months before the
going. Lower rates, of course,
It cited as one of the principal
driving forces of the bull market, which
It began six years ago, in March 2009.

Asian stock
markets are now also started to sink – Nikkei
in Japan it fell by 0.7% and Hong Kong
Hang Seng fell 0.9%.

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Ruble rose sharply against euro after opening

The ruble rose sharply against the euro after the opening of trading on the Moscow Stock Exchange

On Thursday morning, the Russian
Ruble suddenly went up and reached
mark of 64.4 against the euro – the first time since the end of
of December. Likely to support
national currency growth of oil and sale
export earnings and low demand
currency.

By 11:11 MSK pair EUR / RUB
trading at
64.79, and the pair USD / RUB –
at the level of 60.93.

"Dollar exchange rate
kept in the range of 60-63 rubles, which we
We believe fundamentally justified
at the current level of oil prices"-
analysts say. Brent crude is now
trading around $ 58.06 per barrel.

today’s quotations
EUR / USD pair about
$ 1,063, the euro went up in the morning and picking up
effect – an increase more than 0.74%.

The focus of Russian
the foreign exchange market is the future
Meeting of the Central Bank of the Russian Federation, which
scheduled for March 13. Perhaps,
It will address the issue of lowering the
interest rate.

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Breakdown of flat

Breakdown of the flat.

Hello, dear traders, I invite you to video a little facetious, but nevertheless I was there I show how you can earn on the news.

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