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      Test Announcement   06/28/2017

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  1. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) Global stocks rally, Sterling on standby ahead of UK budget The healthy combination of rising corporate profits, strong global growth and cautious optimism over U.S. corporate tax cuts, simply reinvigorated global equity bulls on Tuesday – boosting stocks across the globe. Asian shares headed for a record close during early trading on Wednesday, following Wall Street’s robust gains overnight. European markets concluded mostly higher on Tuesday and may open on a positive note today as market players continue to shrug off the political uncertainty in Europe. With U.S. stock indexes marching to record highs yesterday as technology and health stocks rallied, it will be interesting to see if the upside momentum is maintained this afternoon. Chancellor Philip Hammond in the spotlight Chancellor Philip Hammond will be in the limelight today as he presents the U.K. budget statement to the House of Commons. While Hammond’s speech may revolve around managing the housing crisis, investors will be paying attention to the Office for Budget Responsibility (OBR) which is expected to trim Britain’s GDP growth forecasts. If the overall tone of the budget statement is gloomy and Brexit concerns making an appearance, Sterling is likely to find itself under renewed selling pressure. Taking a look at the technical outlook, the GBPUSD has found light support at 1.3230. An intraday breakout above 1.3250 could encourage a further incline towards 1.3300. Alternatively, a failure for prices to keep above 1.3230 may encourage a decline to 1.3150. Dollar lower ahead of FOMC minutes The Greenback weakened against a basket of currencies on Tuesday, after Yellen’s cautious remarks reinforced market expectations of the Federal Reserve raising interest rates at a gradual pace. Yellen cautioned that raising interest rates too quickly could obstruct the Feds efforts to reach the golden 2% target and reiterated the fact that this year’s low U.S. inflation remained a mystery. With the outgoing Fed chair uncertain over the stubbornly low inflation being transitory, investors were left pondering over how this could influence the central bank’s monetary policy strategy in 2018. Much attention will be directed towards the minutes from the latest FOMC meeting this evening which should offer further clues on the central bank’s outlook future interest rate increases. With markets widely expecting U.S. interest rates to be increased in December, investors are likely to closely scrutinize the minutes for fresh insight into monetary policy beyond 2017. The Dollar could receive a boost if the minutes are presented with a hawkish touch, alternatively, if the minutes express concerns over low inflation and fail to bring anything new to the table, sellers may make a move. From a technical standpoint, the Dollar Index is coming under pressure on the daily charts with resistance found at 94.00. Sustained weakness below this level may encourage a further decline towards 93.50. Alternatively, a breach back above 94.15 puts this current bearish setup at risk, with the next level of interest at 94.50. More Info Here
  2. FXTM ForexTime Company News

    FXTM Research Analyst Lukman Otunuga’s Indonesian Media Tour On Tuesday, 7 November and Wednesday, 8 November, 2017, FXTM Research Analyst Lukman Otunuga met with Tier 1 local and regional media in Jakarta, Indonesia for an in-depth series of interviews. The interviews and Q&A’s focused on a mix of local, regional and international market topics, and contributed to FXTM’s ongoing commitment to provide information and market insights tailored to the needs of our traders in each region. The financial outlets participating in the tour included print media titles, Bloomberg Business Week, Koran Jakarta and Bisnis Indonesia, as well as online outlets like Jawapos.com, Merdeka.com and Kompas.com. Some of the topics discussed during the tour included: - Growth of the Indonesian economy. - President Jokowi’s 16th economic package. - China’s economic policies and how they may impact Indonesia. - The current state of the international currency market. - Trump’s policies and the recent appointment of Jerome Powell as chair of the Federal Reserve. - Geopolitical risks caused by US tensions with North Korea and Iran. - Brexit and OPEC issues, and how they continue to impact the international market. The tour was a huge success, with Mr. Otunuga mastering all of the questions presented to him – including sensitive subjects such as the Paradise Papers scandal. Mr. Otunuga also provided a Q1 outlook for 2018 specifically for the domestic market in Indonesia. To get in-depth analysis of the markets, be sure to bookmark FXTM’s Daily Market Analysis page. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  3. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) European currencies dip on German politics The Euro had a pause for concern in the evening trading session as the coalition talks in Germany fell apart leading to a political crisis in Germany. This now presents the toughest challenge Angela Merkel has felt in over 12 years of being at the top, however, she seems somewhat composed and is keen to send the parties back to the polls in order to get a majority government. So far though polls have predicted that anti immigrant parties are likely to gain more momentum than the traditional centrist parties which have dominated German politics in recent decades. And for Brexit this will certainly put pressure on the British government now that Merkel is currently off dealing with her political crisis, rather than being focused on there's. For some time many had expected her to get involved and sort out the crisis, but that's certainly not going to be the case and £40 billion bill the UK is offering to settle the bill is being put to the table. The British governments ability to settle the bills is likely to be a game of brinkmanship and the EU does not have to blink at all. What could well be worth their time is to let it play out internally as right now a number of backbencher Tories are upset over the size of the number and could in theory force a leadership vote. While plausible I do believe that the government is likely to try and push it all through as rapidly as possible in order to get backing from business. Either way the pound is likely to encounter some rough waters over the course of this week as a result. On the charts the GBPUSD continues to be inching its way higher on the charts, and thus far it's been on the back of some USD weakness which has been apparent. However, the recent moves higher have shown an abrupt weakness in bullish potential and we could see bears come back into the market to tighten things up before breaking out. Resistance levels for the GBPUSD can be found at 1.3256 and 1.3339, but the band in between this is likely to see a lot of action. In the event that markets turned south they would have a tough time battling the 100 day moving average which has been acting as dynamic support, and also support levels at 1.3130 and 1.3059. A breakthrough of these support levels could send the pound tumbling though. The EURUSD is also looking weaker after the political news out today, and for me the focus will be playing of the political news out of Germany going forward. Key resistance levels can be found at 1.1824 and 1.1891. Support levels can also be found at 1.1719 and 1.1621, with the trend looking all the more bearish as of late. Certainly also for the euro the USD weakness will be a primary factor, but so far it' s a mixed bag. More Info Here
  4. FXTM ForexTime Company News

    FXTMPartners Sponsors World Economy BAND Seminar in South Korea. On 3 November, 2017, FXTMPartners sponsored another fantastic IB event in South Korea. Held at the lavish Lotte City Hotel Daejeon 1F Ruby room in the heart of Daejeon, this latest World Economy BAND Seminar was very well attended, with the packed room eager to absorb all the information from the presentations. Starting at 17:00 local time and lasting well into the evening, the seminar featured keynote presentations from successful Introducing Brokers. They discussed the work of online group World Economy BAND, the state of the global economy in Q4 2017, and networked with attendees over dinner and drinks later in the night. The highlight of the event was an hour-and-a-half presentation by the FXTM team. Topics covered include: - Information about FXTM as a global broker. - An overview of the world of currency trading and forex. - The importance of implementing correct risk management tactics. - Why people choose forex trading and its potential for turning a profit. - The benefits of copy-trading programme FXTM Invest, and its new features in 2017. The event was a resounding success, with participants expressing a keen interest to see more FXTM and FXTMPartners events in South Korea. Many emphasised the value and importance that educational workshops and seminars would bring to the region. We congratulate FXTMPartners for hosting another successful event in Daejeon, and look forward to continuing the development of our presence in South Korea. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  5. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) US tax bill send equities soaring The Tax bill has been talked about for some time, and today was the day for it. Obviously, it cleared the US house easily enough and is now on its way to the senate; where the republicans have control as well. What does this mean for markets? Well put simply it cuts corporation tax from the current 35% to 20% - a very large jump - which means US companies are likely to record larger profits which of course will have a flow on effect for the economy. The real question here is if the republicans in the senate will be able to push it straight through or will look to make amendments. They are after all different creatures in the senate and the tend to be more heavy handed when it comes to clearing large bills like this through government. However, with a two seat advantage it looks like it may just shine through and Trump will be able to sign it all off before Christmas - giving him his first major win of his presidency. For equity markets the rally has been pretty sharp as a result of the tax bill. Traders are betting that in the long run this tax bill will unleash the corporate machine that is America and record profits will accordingly flow through. The S&P 500 today was a prime candidate for this as a I previously noted, and accordingly has rallied sharply. Resistance at 2580 was no match for traders looking to enjoy the rally today and now it's a case of targeting 2600 for many bulls in the market. If the senate does indeed push the bill through then 2600 may be a support level as the market will jump sharply I feel - given it's the last hurdle. With a tax reform like this the possibility of even pushing the 3000 mark becomes all the more realistic. If we see the bill struggle then we could see sharp drops on the charts to support levels at 2565 and 2545, with the potential to go further as it feels a lot is riding on this bill in the equity markets. The Australian dollar was one I also touched on yesterday and while the unemployment rate fell to 5.4% (5.5% exp) the participation rate was lower, and accordingly the creation of new jobs only came in at 3K so it was disappointing for traders in reality. I still feel that the AUD will struggle in the long run given the pressure on the economy, and as the USD continues to find favour with traders again. The AUDUSD on the charts currently has been trading between resistance at 0.7462 and support at 0.7566, with market expectations of potential falls lower. The 0.7500 psychological level is currently likely to be the largest target if the trend continues. However, we could see a bounce here and a retest of resistance levels at 0.7624 and 0.7687 on the charts. More Info Here
  6. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) US tax bill send equities soaring The Tax bill has been talked about for some time, and today was the day for it. Obviously, it cleared the US house easily enough and is now on its way to the senate; where the republicans have control as well. What does this mean for markets? Well put simply it cuts corporation tax from the current 35% to 20% - a very large jump - which means US companies are likely to record larger profits which of course will have a flow on effect for the economy. The real question here is if the republicans in the senate will be able to push it straight through or will look to make amendments. They are after all different creatures in the senate and the tend to be more heavy handed when it comes to clearing large bills like this through government. However, with a two seat advantage it looks like it may just shine through and Trump will be able to sign it all off before Christmas - giving him his first major win of his presidency. For equity markets the rally has been pretty sharp as a result of the tax bill. Traders are betting that in the long run this tax bill will unleash the corporate machine that is America and record profits will accordingly flow through. The S&P 500 today was a prime candidate for this as a I previously noted, and accordingly has rallied sharply. Resistance at 2580 was no match for traders looking to enjoy the rally today and now it's a case of targeting 2600 for many bulls in the market. If the senate does indeed push the bill through then 2600 may be a support level as the market will jump sharply I feel - given it's the last hurdle. With a tax reform like this the possibility of even pushing the 3000 mark becomes all the more realistic. If we see the bill struggle then we could see sharp drops on the charts to support levels at 2565 and 2545, with the potential to go further as it feels a lot is riding on this bill in the equity markets. The Australian dollar was one I also touched on yesterday and while the unemployment rate fell to 5.4% (5.5% exp) the participation rate was lower, and accordingly the creation of new jobs only came in at 3K so it was disappointing for traders in reality. I still feel that the AUD will struggle in the long run given the pressure on the economy, and as the USD continues to find favour with traders again. The AUDUSD on the charts currently has been trading between resistance at 0.7462 and support at 0.7566, with market expectations of potential falls lower. The 0.7500 psychological level is currently likely to be the largest target if the trend continues. However, we could see a bounce here and a retest of resistance levels at 0.7624 and 0.7687 on the charts. More Info Here
  7. FXTM ForexTime Company News

    Jameel Ahmad Conducts Successful New Media Tour in Malaysia FXTM continues its successful run of media tours with a brand new series of interviews in Malaysia. On October 31 and November 1, FXTM’s Global Head of Currency Strategy and Market Research, Jameel Ahmad, visited the region for a series of one-on-one interviews, roundtable sessions and a television interview with TV3 – one of the most watched television stations in Malaysia. The interviews and Q&A’s focused on the local market in Malaysia, with particular focus on the Ringgit, as well as Oil, Gold and Bitcoin. They were conducted by Tier 1 media outlets from the region which included The Sun Daily, The Edge Markets and Radio Television Malaysia (RTM1) Some of the topics discussed during the tour included: - The Ringgit - how the Malaysian currency can benefit from external factors, the impact of global economies and political policies - particularly from the U.S. - Oil - how oil prices can recover in 2018, what actions OPEC took to help oil prices recover, and how the MYR can benefit from the oil price recovery. - The Japanese Yen – How ongoing political risk has impacted the Yen in 2017. - Bitcoin – how to measure Bitcoin’s worth against traditional currencies and the regulation surrounding it across the globe. - How local politics may affect the Ringgit. - General market outlook for the MYR and which factors may affect the economy. Read on for a sample of the articles and clips that resulted from the tour : Astro Awani [YOUTUBE]https://youtu.be/W4JDL_EA1jg[/YOUTUBE] BFM Radio [YOUTUBE]https://youtu.be/mYgAFwkJcXg[/YOUTUBE] The Sun - FXTM : Bitcoin to hit US$8,000 by year-end The Edge - Ringgit seen at 4.15-4.30 vs USD as investors take cue from Trump SME.org.my - FXTM sees ringgit in 4.15-4.30 range by year-end To get in-depth analysis of the markets, be sure to bookmark FXTM’s Daily Market Analysis page. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  8. FXTM ForexTime Company News

    Jameel Ahmad Conducts Successful New Media Tour in Malaysia FXTM continues its successful run of media tours with a brand new series of interviews in Malaysia. On October 31 and November 1, FXTM’s Global Head of Currency Strategy and Market Research, Jameel Ahmad, visited the region for a series of one-on-one interviews, roundtable sessions and a television interview with TV3 – one of the most watched television stations in Malaysia. The interviews and Q&A’s focused on the local market in Malaysia, with particular focus on the Ringgit, as well as Oil, Gold and Bitcoin. They were conducted by Tier 1 media outlets from the region which included The Sun Daily, The Edge Markets and Radio Television Malaysia (RTM1) Some of the topics discussed during the tour included: - The Ringgit - how the Malaysian currency can benefit from external factors, the impact of global economies and political policies - particularly from the U.S. - Oil - how oil prices can recover in 2018, what actions OPEC took to help oil prices recover, and how the MYR can benefit from the oil price recovery. - The Japanese Yen – How ongoing political risk has impacted the Yen in 2017. - Bitcoin – how to measure Bitcoin’s worth against traditional currencies and the regulation surrounding it across the globe. - How local politics may affect the Ringgit. - General market outlook for the MYR and which factors may affect the economy. Read on for a sample of the articles and clips that resulted from the tour : Astro Awani [YOUTUBE]https://youtu.be/W4JDL_EA1jg[/YOUTUBE] BFM Radio [YOUTUBE]https://youtu.be/mYgAFwkJcXg[/YOUTUBE] The Sun - FXTM : Bitcoin to hit US$8,000 by year-end The Edge - Ringgit seen at 4.15-4.30 vs USD as investors take cue from Trump SME.org.my - FXTM sees ringgit in 4.15-4.30 range by year-end To get in-depth analysis of the markets, be sure to bookmark FXTM’s Daily Market Analysis page. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  9. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) USD stages comeback on CPI and retail data It's been a positive day for US economic data as retail sales surprised analysts lifting to 0.2% (0.0% exp). This shows a strong build up in the period before Christmas where retail sales is generally quite strong as well, and will bode well for the economy and the FED which is a big follower of the consumption based economy that is the USA. Further adding to fuel to the fire was of course CPI data which I touched on yesterday with Core CPI y/y coming in at 1.8% (1.7%) exp. While not the magic 2% mark the FED does chase it was certainly a positive reading and shows that the economy is turning over nicely in America. The real question will now be if fiscal policy from the Trump administration and can translate into real gains for the economy, or if his legislation will continue to struggle through the house and senate in America. It would be a strong mover of the dollar is something was passed with tangible gains in the near future, but so far the market is in wait and see mode on the fiscal front. One of the major losers as a result of the USD boost was of course the Australian dollar which has lost ground after last night's economic data which showed wage growth being underwhelming. With the wage index coming in at 2% y/y (2.2% exp), showcasing that while the job market is strong wage growth is not following it and inflation will cause issues in the long run for the Australian economy if wage growth does not catch up. With the AUD now pushed against a wall traders have been of course waiting on the employment figures due out. Of course they've not been the best with employment dropping sharply to a reading of 3.7k+ (18.8k+ exp), but the unemployment rate falling to 5.4% accordingly adding some consolation for AUD bulls at present. On the charts the AUDUSD has not been this low since July and markets will be looking to see support at 0.7566 on the charts or if it will struggle to extend any lower and we see the predictable bounce in the AUDUSD. As the employment data is bad markets have overreacted and driven the AUD lower to support at 0.7566 where it has looked to take a breather at this key level. If the bulls do come back into the market - and it's really a maybe - then resistance levels can be found at 0.7624 and 0.7687 with the respective movements if things became worse from a fiscal point of view. Reality is however, that the bears are likely to have another crack and potentially force it down to the 0.7500 key level at present with the potential to fall further at this present time. More Info Here
  10. FXTM ForexTime Company News

    FXTM’s Hussein Sayed Chairs ME Family Office Investment Summit Underscoring FXTM’s growing status as an industry leader, Chief Market Strategist Hussein Sayed was recently invited to chair the Middle East Family Office Investment Summit in Dubai The event took place on 25 and 26 October at the Four Seasons Hotel & Resort at Jumeirah Beach. This prestigious conference fosters an environment where ideas are shared about the Gulf, International High Net-Worth Families ($ Billions), Single Family Offices, Private Investors and Thought Leaders. Mr. Sayed chaired the entire conference over the two days, as well as moderated two panels, "Insight for Investors: How to prepare for 2018" & "Family Businesses Share Stories of Success" The issues discussed in the conference, included: - Key objectives of today’s private high-net worth families, private investors and thought leaders - The ongoing geopolitical risks that have dominated headlines throughout the year - The different types of investment styles that are prominent in today’s markets - Next-generation succession planning and strategy Various philanthropic activities Events, where FXTM is the only broker brand present among the most respected Family Offices, Investment Banks, Government Representatives in the Gulf and MENA region, are a testimony to the excellence and professionalism that FXTM subscribes to and we value the opportunity to have a presence there. We congratulate Hussein Sayed for the honour of being the chairman, and look forward to playing an active role in similar conferences in the future. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  11. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) Equity markets looking increasingly unhinged It should be all good news for global equity markets at present as the global recovery continues to tick along nicely. So far profits are up and the market has been bullish, especially around developed labour markets. However, have we overextended at present? If you've been watching some of the major indexes you might very well think that. Recent trends in global markets have so far been bearish which is a surprise, but when you consider the level of uncertainty and the fact that rates are on the move higher it does make for some interesting thoughts and trading ideas. So far yields are looking like they're increasing in the long run, which bodes well for investors looking to move out of equities. The S&P 500 has come up short of the magical 2600 mark at present, this despite the recent news off the wire about NAFTA renegotiations being positive. PPI was also positive today, but once again markets were not having a bar of it, and looked to sell off. So far the S&P 500 has held up on support around 2580 where it has managed to sit above over the last few days, the 20 day moving average is also providing some additional support. Further movements lower are likely to hit key levels of support at 2565 and 2545. Just looking at the daily movements, it's very hard to say if this is the time for a correction. Certainly, markets are feeling like one is overdue, and historically data says that is the case. The question here is when and how bad, but for now the bulls have the trend and market corrections are rare for the S&P 500. A quick glance across the Atlantic at the UK equity market and it's a similar story, just this time the market is being dominated by politics and of course the Brexit debacle. Mark Carney must have been breathing a sigh of relief today as CPI was not as strong as the previous month at 3% y/y, thus taking the pressure of the needs for any further rate rises at this time. Markets, however, were not so interested as the FTSE 100 dropped on the news and continued to be weighed down by global sentiment around equity markets. FTSE 100 traders will be looking to extend the trend lower if with the bears, but so far we've seen weaker and weaker candles which is a sign of caution from them. There is the possibility of the bulls swinging back into the market here and potentially pushing for resistance at 7436 and 7486 on the charts. If the bears do extend lower than the 200 day moving average, it will be key to watch here to see if traders respect it. With weaker candles that could be very much the case. Support levels below this can be found at 7377 and 7319 for the bears. More Info Here
  12. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) Equity markets looking increasingly unhinged It should be all good news for global equity markets at present as the global recovery continues to tick along nicely. So far profits are up and the market has been bullish, especially around developed labour markets. However, have we overextended at present? If you've been watching some of the major indexes you might very well think that. Recent trends in global markets have so far been bearish which is a surprise, but when you consider the level of uncertainty and the fact that rates are on the move higher it does make for some interesting thoughts and trading ideas. So far yields are looking like they're increasing in the long run, which bodes well for investors looking to move out of equities. The S&P 500 has come up short of the magical 2600 mark at present, this despite the recent news off the wire about NAFTA renegotiations being positive. PPI was also positive today, but once again markets were not having a bar of it, and looked to sell off. So far the S&P 500 has held up on support around 2580 where it has managed to sit above over the last few days, the 20 day moving average is also providing some additional support. Further movements lower are likely to hit key levels of support at 2565 and 2545. Just looking at the daily movements, it's very hard to say if this is the time for a correction. Certainly, markets are feeling like one is overdue, and historically data says that is the case. The question here is when and how bad, but for now the bulls have the trend and market corrections are rare for the S&P 500. A quick glance across the Atlantic at the UK equity market and it's a similar story, just this time the market is being dominated by politics and of course the Brexit debacle. Mark Carney must have been breathing a sigh of relief today as CPI was not as strong as the previous month at 3% y/y, thus taking the pressure of the needs for any further rate rises at this time. Markets, however, were not so interested as the FTSE 100 dropped on the news and continued to be weighed down by global sentiment around equity markets. FTSE 100 traders will be looking to extend the trend lower if with the bears, but so far we've seen weaker and weaker candles which is a sign of caution from them. There is the possibility of the bulls swinging back into the market here and potentially pushing for resistance at 7436 and 7486 on the charts. If the bears do extend lower than the 200 day moving average, it will be key to watch here to see if traders respect it. With weaker candles that could be very much the case. Support levels below this can be found at 7377 and 7319 for the bears. More Info Here
  13. FXTM ForexTime Company News

    FXTM makes debut in Taiwan with special Seminar and Workshop FXTM is committed to educating traders across the world, and recently had the opportunity to visit Taiwan for the very first time. On 4 November, 2017, FXTM collaborated with FXWord.com for a special seminar at the luxurious Westin 5-star hotel, in the heart of the financial district in Taiwan. The next day, FXTM Head of Education and renowned FX guru, Andreas Thalassinos, brought his popular Ultimate Trading Formula to eager Taiwanese participants in a 2-day workshop. The turnout for both events exceeded our expectations, and the feedback received from the crowd was very positive. As FXTM expands its footprint across the Asian content, these events signify a key stepping stone for our ongoing relationship with Taiwanese traders and our growth in the region. Highlights from the seminar include: - A one-hour presentation by well-known Taiwanese financial professor, - Quan Zheng Xiao Ge, on the topic of strengthening stocks and Taiwan stocks chip analysis - A 40-minute educational presentation by Andreas Thalassinos, - summarising the topics of his upcoming workshop - FXTM Interview with Taiwan media wealth.com.tw Topics covered in the two-day workshop include: - The essential elements of trading - Trend Identification - Trend Reversals - Entry and Exit Points - Fibonacci Take Profit Levels - Tops and Bottoms Identification - Risk Management Rules All participants expressed huge interest and enthusiasm at the seminar and workshop, requesting similar events in the future. FXTM thanks all those who attended these events, and looks forward to visiting Taiwan again very soon! Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  14. FXTM ForexTime Company News

    FXTM makes debut in Taiwan with special Seminar and Workshop FXTM is committed to educating traders across the world, and recently had the opportunity to visit Taiwan for the very first time. On 4 November, 2017, FXTM collaborated with FXWord.com for a special seminar at the luxurious Westin 5-star hotel, in the heart of the financial district in Taiwan. The next day, FXTM Head of Education and renowned FX guru, Andreas Thalassinos, brought his popular Ultimate Trading Formula to eager Taiwanese participants in a 2-day workshop. The turnout for both events exceeded our expectations, and the feedback received from the crowd was very positive. As FXTM expands its footprint across the Asian content, these events signify a key stepping stone for our ongoing relationship with Taiwanese traders and our growth in the region. Highlights from the seminar include: - A one-hour presentation by well-known Taiwanese financial professor, - Quan Zheng Xiao Ge, on the topic of strengthening stocks and Taiwan stocks chip analysis - A 40-minute educational presentation by Andreas Thalassinos, - summarising the topics of his upcoming workshop - FXTM Interview with Taiwan media wealth.com.tw Topics covered in the two-day workshop include: - The essential elements of trading - Trend Identification - Trend Reversals - Entry and Exit Points - Fibonacci Take Profit Levels - Tops and Bottoms Identification - Risk Management Rules All participants expressed huge interest and enthusiasm at the seminar and workshop, requesting similar events in the future. FXTM thanks all those who attended these events, and looks forward to visiting Taiwan again very soon! Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  15. Forextime.com Daily Market Analysis

    Daily Fundamental ForexTime ( FXTM ) Sterling slides, Bitcoin tumbles & Investors seeking more clarity on tax reforms Sterling fell more than 0.5% early Monday, after the Sunday Times reported yesterday that 40 Conservative Party MP’s agreed to sign a letter of no confidence in the Prime Minister, Theresa May. While this remains short of the 48 votes needed to force a new leadership, it still creates much frustration amongst investors seeking clarity on Brexit negotiations. With May’s position being potentially at risk and no significant progress after six rounds of talks with EU, Sterling may come under increased pressure in the next couple of days, with the 1.3024 support level at risk of being breached. A leaked letter from Boris Johnson and Michael Gove pushing for Hard Brexit, add to the uncertainty as House of Commons meet on Tuesday. It is also a busy week on the UK’s economic data front, with Consumer Price Index, Producer Price Index, labour data and retails sales due to release. However, politics are likely to remain the dominant factor moving the pound this week. For investors finding the low volatility environment boring, have a look at Bitcoin. The cryptocurrency lost more than quarter of its value after reaching a high of $7,888 on Nov 8. The cancellation of a plan to increase the bitcoin’s block size “Segwit2x” on Wednesday, is what to be blamed for the price crash, but given that prices rallied $400 on Monday it seems the news has been digested. We have seen similar steep falls in Bitcoin throughout the year; specifically in June and September, but every time a considerable decline occurs, new investors jump in to experience the new asset class. The increasing investor interest in the cryptocurrency market has pushed CME Group to announce the launch of a bitcoin derivative soon, indicating that more fund managers and professional investors will become involved. Although Bitcoin might not be a suitable asset for conservative investors due to its volatility, I still see a great potential ahead. Given that the earnings season has come to an end, equity investors will shift their attention to the U.S. tax reform plans. There is a considerable difference between the Senate and the House on how to proceed, and if no clear path evolves, I expect a further pullback in equities. The Senate’s proposed delay of the tax cut until 2019 is definitely not what President Trump is looking for, so it remains to be seen whether he can push Republicans to unify when he returns from his Asia tour. More Info Here
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