Archive for October 2008

One Touch Trade – FTSE 100

Monday, October 27th, 2008

With UK banks forced to cut their dividend growth, and warnings from some commentators such as Tassim Taleb, that banks will now become more like utilities than engines of financial speculation, growth in the financial sector may never again reach the heights achieved in the last two decades. With the FTSE’s two major sectors in reverse, the prospects of a meaningful recovery for the FTSE look remote. A One Touch trade predicting that the FTSE 100 will touch 3100 at any time during the next 6 months could return 50%.

Dow Jones – Double Touch Trade

Monday, October 20th, 2008

My suggested trade this week is a double touch trade which returns a profit if both predetermined barriers are hit within the time limit. A double touch trade predicting the Dow Jones (Wall Street) will hit 10,600 and 7150 in either order over the next 180 days could return 520% so well worth a go in my view given the market volatility we have seen in the last few weeks.

One Touch Trade – EUR/USD

Monday, October 13th, 2008

My suggested trade this week is one for the long term currency traders amongst you. As you know I trade currency full time so this is a trade I have already placed, and is a one touch on the EUR/USD touching the lows of 1.16 in the next 12 months. If this happens then the return will be 117%. As I said a long term trade, but certainly worth a go in my opinion, given the technical situation at the moment, so good luck with this one – regards Anna

One Touch Trade – S & P 500

Monday, October 6th, 2008

According to Jason Goepfert of Sentimen Trader the only other times in its history that the S&P 500 lost more than it did this week were the weeks of 10/19/87, 04/10/00 and 09/17/01 – all three times it bounced back the following week (by an average of +5%) and the following quarter (by an average of +8.9%). Although a failure to hold above last weeks lows in the first few days of next week could spark further selling, there is at least the potential for a significant snap rally in the next few weeks in my opinion.

My suggested trade this week is therefore a one touch trade predicting the S&P 500 to touch 1180 at any time during the next 16 days – this could return a very healthy 100% so fingers crossed. I have already placed this trade myself.