ian_arifin

aku liat volume trading saxo tuh USD 300 milyar sebulan!! eksekusinya pun memuaskan.

asik nih bisa trade dari mana saja, akses ke mana pun. mau cobain dulu aaahhh

The euro is a doomed currency

 

Lars Seier Christensen, co-founder and co-CEO of Saxo Bank, believes the euro is a doomed currency and in an interview with TradingFloor.com he explains why the recent rally in the euro is little more than an illusion.

 

Lars believes the euro was based on unsound foundations from the start and says that unless major changes are made, the currency union will continue to run into problems. “Many people knew about it but were hoping that as the project continued to move forward, some of the necessary foundations would be put in place such as joint debt issuing, bigger transfers and fiscal union. It’s quite clear that the population of Europe is not ready for it; they don’t want it and now what is left is a euro without a foundation,” he says.

 

As a result, Lars warns investors should be very wary of being long the euro and cautious when investing in euro-based assets. “Bond markets are very overvalued in some Eurozone countries and obviously very speculative and dangerous in other areas,” says Lars.

 

When asked about the German election in September, Lars says he expects Angela Merkel to comfortably win a third term, but warns it could be the last time the German electorate support the status quo. “This election is the last one that will not be a game changer because the pain is not being felt enough in Germany yet to lead to a massive public reaction. Merkel will get through with her mandate reasonably in place. But that’s the last time you are really going to get away with keeping the Germans quiet. There is clearly a change in sentiment. I just don’t think it’s strong enough to mean something at this election.”

 

Lars Seier Christensen will be speaking about the Eurozone crisis at the #FXDebates event in London on May 7. To secure a place at this exclusive event, visit fxdebates.co.uk.

 

http://www.tradingfloor.com/posts/euro-doomed-currency-1732922846

Market Review: Persistent worries about the US “fiscal cliff”

 

SaxoBank UK, Saxo Capital Markets UK

 

Forex: EUR trading mostly higher

 

The EUR is trading higher against the USD and the JPY. Investors are keeping a close eye on developments concerning the outcome of the US budget talks after the House Republican leaders earlier cancelled a vote on a “Plan B” to avert the “fiscal cliff”. Market participants are expected to remain on the sidelines amid a holiday week and few economic releases globally. The EUR is trading 0.3 percent and 0.2 percent and 0.6 percent higher against the USD, the GBP and the JPY, respectively.

 

The AUD has lost 0.1 percent versus the USD.

 

 

US Stocks: Futures trading lower

 

The Dow Jones futures have lost 0.2 percent and are trading at 13105, while the S&P 500 futures have declined 0.3 percent to trade at 1422.3 as cautious investors await the year-end outcome of the US "fiscal cliff" deal.

 

Alexza Pharmaceuticals (ALXA) tumbled 10.2 percent in the after hours trading session on Friday, despite its announcement that the US Food and Drug Administration has given approval for Adasuve, its treatment for schizophrenia and bipolar disorder.

 

Approval of a buy back plan of around USD 30.0 million worth of American Depositary Shares from its board of directors led Pactera Technology International (PACT) to advance 3.3 percent in the after hours trading session on Friday.

 

Macro Update

 

Japan’s Abe pressurises the Bank of Japan to adopt a new inflation target

 

House prices in the UK continue to decline in December

 

US President, Barack Obama, presses for a smaller “fiscal cliff” deal

 

Surplus “possible” if economy delivers, says Australian trade minister

Crude Oil in 2013: Brent boxed into price range of USD 90-125

Ole Hansen, Head of Commodity Strategy, Saxo Bank

 

Brent Crude oil has, despite times of elevated uncertainty, been trading within a relative stable trading range during the last couple of years, especially compared with previous years where extreme peaks and troughs appeared. Looking ahead to 2013, we believe that this range trading will continue, as Brent Crude is currently sandwiched between several equal important factors, the combined sum of which should keep the price boxed in between USD 90 and USD 125 during the next couple of years.

 

During these past two years Brent Crude Oil has become the global benchmark for a majority of physical oil transactions, and also increasingly the preferred crude oil commodity in investment portfolios. Just recently we have seen two of the world’s most followed commodity indices, the S&P GSCI and DJ-UBS, both announce another percentage point weight increase of Brent in their portfolio for 2013 at the expence of WTI Crude, which still carries the highest weight but is sharply reduced from previous years.

 

The major spikes in Brent Crude during 2010 and 2011 were primarily triggered by both major and minor fears of supply disruptions, especially the Libyan civil war in early 2011 and the announcement of Iran sanctions due to uncertainties over its nuclear intentions in early 2012. Minor disruptions to production in Sudan, Nigeria, Syria and the North Sea also helped to support the price.

 

Up against these fears of supply disruptions, the global economy has been bumping along at a relative slow pace, resulting in only a small increase in global demand for oil. At times worries about recession, now realised in Europe, and other regions of the world has helped offset the above mentioned supply worries, resulting in minor (and a few major) downside corrections.

 

As a result the average price of Brent Crude has remained almost unchanged for the past two years at 110.75 USD/barrel in 2011 and 111.70 USD/barrel so far in 2012 . Almost nine percent of all volume during the last two years has taken place between 110 and 111 while 54 percent of all traded volume has occurred within a narrow nine dollar range between 106 and 115.

 

The downside tail, as also seen below, is somewhat longer than the upside one. This can among other things be explained by the presence of speculative investors such as hedge funds and traders. Speculative traders react to market movements by either by adding or reducing exposure and the two peaks in oil price were both followed by one minor and a major sell-off as they were forced to reduce loss making positions . During such times of long liquidation we often find that the move gets extended much beyond what is warrented by the underlying fundamentals.

 

Now that we have determined two of the major drivers behind the price of oil, geopolitical concerns and speculative investment flows, let us take a look at some of the other reasons why we believe that the price of oil will remain range bound for the foreseeable future. Tomorrow we'll discuss 2 factors creating support for the price, and 3 major factors creating resistance.

Quite a possibility, I'm placing my bets on Point 4 --- Gold price drops to USD 1200!!!

 

"Gold corrects to USD 1,200 per ounce"

 

"The strength of the US economic recovery in 2013 surprises the market and especially financial investors in gold. This and a lack of pick-up in physical demand for gold from China and India, both struggling with weak growth and rising unemployment, trigger a major round of gold liquidation. Gold slumps to USD 1,200 before central banks eventually step in to take advantage of lower prices."

i m still using their demo. been satiesfied so far. haven't live account yet. my friend been trading with them for quite a few years and he has been able to withdraw profit at any time.

 

regulated in singapore, better than the other brokers regulated far far away like in bermuda/cayman

YOu can start with:

 

BOllinger bands

Moving Average

Stochastic

 

I'm using SaxoTrader, and it's been serving me great so far. still demo though hahahaaaa

Money continues to flow out of defensive and into cyclical stocks

 

This week's market moves will be focused on headlines from Eurozone, with Dutch election and German Constitutional Court ruling on European Stability Mechanism.

 

Market expects a POSITIVE outcome on Europe on both events in order to keep sentimen in bull's camp!

 

Fed will not act before US elections so DO NOT EXPECT any form of QE!!

 

(Got this free idea from Saxo www.tradingfloor.com)

USD Economic Data

 

US Jul. Consumer Credit fell -$3.3B vs. +9.2B expected and +9.8B in Jun.

 

US Aug. NFIB Small Business Optimism out at 92.9 vs. 91.4 expected and 91.2 in Jul.

 

US Jul. Trade Balance out at -$42.0B vs. -$44.0B expected and -$41.9B in Jun.

USDJPY Intermediate-Term Bearish

Target price range: 75.2 - 75.7

 

Tells Me: The price broke downward out of a trading range suggesting we're entering a new downtrend. The Downside Breakout represents a trading range in which prices move sideways between two parallel horizontal lines. It's often a pause or congestion area within an existing trend though sometimes the breakout results in a reversal to the prior trend. Either way, a downside breakout through the lower support line signals an end to the consolidation period and the start of a downtrend.

 

Check out the details here: http://lnk.recognia.com/KJ

 

Got this from free Saxo downloadable platform

Saxo

 

Saxo is doing very well, I feel safe putting my funds with them. Annual reports can also be accessed from their website.

CFD and FX curriculum in PDF format on Golden Psychology courtessy of TradeMentor

 

http://sg.saxomarkets.com/education/tradementor/lessons

 

Chapter 3.3 http://storage.saxosoft.net/sg/pdf/fx/3-3-trading-psychology.pdf

Chapter 3.4 http://storage.saxosoft.net/sg/pdf/cfd/3-4-trading-psychology.pdf

There is also a section where they teach u how to use the saxotrader and SaxoWebtrader trading platforms step-by-step, i find this video v useful to know the platform's functionalities

from my experience, saxo singapore is under the regulation of monetary authority of singapore where they have to place customer's finds in segregated account so money is protected. so there is a separation between customers funds and company asset. i feel safer trading with a regulated broker instead of unregulated or overseas broker

i agree with saxo, apple is now having big problem with the mountain of cash , they are holding a lot of money, but dont know what to do with it. moreover, apple is not paying dividend at all.

Nokia

 

NOK:NYSE

 

Bearish

 

support: 4.96

resistance: 8.56

 

stop price

long: 4.55

short: 5.84

 

(Saxo Technical Analysis Tool)

i've been trying a number of brokers and i've chose Saxo as my favorite.

 

their platform is very advanced and quite difficult to use at first, once you get used to it, it's the best trading platform i've ever used.

 

it's highly customisable, very easy to enter orders and check your positions. account summary features is just splendid!

 

and product range is just amazing, i also heard they are coming up with OPTIONS for stock index, commodities, currencies and single stocks . more products for me to trade!!

SAXO OUTRAGEOUS PREDICTIONS 2012

 

WHEAT PRICES TO DOUBLE IN 2012

 

The price of CBOT wheat will double during 2012 after having been the worst performing crop in 2011. The

drop was brought about due to a combination of farmers responding to high prices in 2010/11 and normalised

weather in the Former Soviet Union.

 

However with 7 billion people on the earth and money printing machines at full throttle bad weather across the world will unfortunately return and make it a tricky year for agricultural products.

 

Wheat especially will rally strongly as speculative investors, who had built up one of the biggest short positions on record, will help drive the price back towards the record high last seen in 2008.

Saxo Outrageous Predictions 2012

 

USD CNY to rise 10% to 7.0

 

marginal returns from building million-inhabitant ghost towns diminish and exporters struggle with razor-thin margins - CNY china gets to brink of recession -- 5-6% GDP growth

 

chinese policymakers come to rescue of exporters by allowing CNY to decline against USD

 

this will send USDCNY up to 7.00 a 10% increase!!

its definitely very useful, it gives you knowledge to improve skills on forex trading and increase trading confidence. very practical advice for daily trading!! love it

General Electric (NYSE) - long-term bullish

 

this is what i found from Saxo TA tool

 

Current price: 18.7

Target price range: 20.6 - 21.3

volume: 80M

 

price seems have reach bottom after failing to break through support level and ultimately rising higher in a sign of reversal to a new uptrend.

 

double bottom pattern forms during downtrend as price reach 2 distinct lows at roughly same price level.

 

volume reflects weakening of downward pressure, tend to diminish as pattern forms, with some pickup at each low, less on second low.

 

finally ... price breaks upward above the highest high to confirm the BULLISH SIGNAL!!!

The forecast from Imr looks pretty impressive.

 

Usually i use Saxo technical analysis tool, it's very handy!! here is what i found on S&P

 

Summary:

9 bullish

2 bearish

 

support: 1263.85

resistance: 1331.09

 

 

SHORT TERM: 2-6 weeks

2 bullish

1 bearish

support: 1263.85

resistance: 1292.66

 

INTERMEDIATE: 6-9 months

4 bullish

1 bearish

support: 1263.85

resistance: 1331.09

saham china - good bet di 2012 - bisa jadi top performer!!

 

Price to earnings basis 33% di bawah long term average kalau track MSCI china index

 

di 2011 MSCI china index close 2011 22% dibanding tahun lalu

Minyak & emas

 

Saya lagi baca commodities weekly report dari saxo, sangat menarik. di 2012, harga brent crude akan stuck sekitar 100-115 karena resiko geopolitik antara syria dan iran. support untuk harga minyak: keadaan di US membaik, tetapi harga minyak bisa turun karena krisis di eurozone.

 

Kalau emas mencapai 1537, berarti bear market akan mulai. 200 day MA sekarang di 1628.

 

harga tembaga turun di 2011 karena china mengurangi pembelian sebab harga tinggi dan tightening monetary policy