Fixed Odds Trading » Indices

Fixed Odds Trade – GBP/USD Daily Chart Bear Trade 22nd July 2009

admin — Wed, 22 Jul 2009 13:20:28 +0000

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.

Good luck with this fixed odds suggestion and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Fixed Odds Trading News – Fixed Odds Bet 17th July 2009

admin — Fri, 17 Jul 2009 09:15:11 +0000

Pound vs Dollar - Daily Candle Chart 17th July 2009

It’s been a good start to the day for the FTSE, CAC and DAX. This is largely down to a final hour surge in US markets last night with the European indices playing catch up this morning. Speculators rushed to take a position in Google last night ahead of their earnings announcement after JP Morgan beat expectations. Although markets are higher this morning, there are reasons to be cautious. Firstly, Google’s results were mixed with their share price plunging in after hours trading, and secondly the overnight bomb blasts in Jakarta have also forced investors on the defensive, putting the brakes on gains in financial markets this morning.

Fixed Odds Bet Today

As we saw in early trading yesterday, investors have reverted to risk averse mode, moving to safer assets overnight. The yen and dollar are in demand with the pound and Aussie dollar particularly out of favour with investors. There is little by the way of economic announcements this morning apart from US building permits at 12.30. The pound vs dollar has been one of the morning’s biggest movers and if US building permits come in better than expected, the pound’s slump could continue. One way to play this might be a one touch trade with the trigger level set at around 1.6100. A One touch trade over three days could return 259% over this period.

Fixed Odds Bets – No Touch On Euro vs Yen Daily Chart 16th July 2009

admin — Thu, 16 Jul 2009 09:00:44 +0000

Euro vs Yen - Daily Candle Chart 16th July 2009

It’s a quiet start to the day for the FTSE, CAC and DAX, with investors taking a breather after a tremendous start to the trading week. In just three days, recent fears have been swatted away as investors see reasons to be cheerful in the economy and corporate profits. The recent rally has been sparked by Goldman Sachs and Intel with other companies such as Exxon Mobil and American Express pitching in. There were no major US companies announcing earth shattering earnings after the close last night so sentiment has drifted overnight. Before US markets open, we have earnings from JP Morgan and after the close we have earnings numbers from Google & IBM. If the Californian search giant is able to beat profit estimates, we could have a week to remember with the rally this would spark. It’s a quieter day on the economic news front today with the principle piece of news being US unemployment claims at 12.30 GMT and TIC Long Term Purchases at 13.00.

My Fixed Odds Bet Today

The dollar and yen have been under pressure as investors look to take on more risk. During the wobble in recent weeks, the yen was seen as a safe haven, but with the mega rally we’ve seen this week, traders have been dumping safety in favour of the dollar and other currencies such as the euro. This morning we’re seeing a reversal of that trend with the yen strong across the board, especially against the euro and Aussie dollar. This makes today’s pair in play the EUR/ JPY (euro vs Japanese Yen). If the recent rally falters, we could see further strength in the yen. The best way to play this might be a No Touch trade predicting that the EUR/JPY won’t rise again and touch something like 133.00 over the next 5 days. This currently could yield around 100%.

Fixed Odds Trade Of The Day, Expiry Miss – 15th July 2009

admin — Wed, 15 Jul 2009 13:20:46 +0000

Euro vs Dollar - Daily Candle Chart 15th July 2009e

It’s been a strong opening for the FTSE, CAC and DAX with the main European indices up between 0.5% and 1.2%. The prospect of higher than expected earnings from US companies is getting traders excited after Intel produced encouraging results late last night. Asian markets kept the momentum going and markets look set for another good day. We’ve a very busy day on the economic news front with UK claimant count change, average earnings and unemployment rate at 08.30 GMT. At 09.00 we get the release of European CPI numbers. At 12.30 we have the first of a stream of US economic announcements starting with US CPI, then various announcements leading up to the release of the last FOMC meeting minutes. Markets seem to be in a bullish mood and any one of these announcements could push shares even higher today.

My Fixed Odds Suggested Trade

The Euro is in play today on the currency markets, rising strongly against the dollar especially. With a steady stream of announcements due today that could impact on the dollar, and the euro vs dollar could be where the main price action is today. A two day expiry miss might be the best way to play this trade. An expiry miss wins if the pair is below your lower target or above your higher target within that time. Basically, as long as it moves out of a trading range and stays there, you win.

Fixed Odds Trading News – 22nd June 2009

admin — Mon, 22 Jun 2009 08:07:14 +0000

It seems as though the stock markets have lost their magic, as the FTSE 100 dipped back into the red for the year last week, one concerns over expensive oil, and worse than expected UK retail sales numbers, which in turn forced traders to reduce their equity positions. With their risk appetite waning, we are seeing money flowing back into US treasuries, which is being helped by supportive comments from Russia regarding the strength of the dollar as a reserve currency.

The biggest shocker of the week was the price of oil, which managed to trade within a small range, amid attacks on an oil field in Nigeria. Some analysts pointed to the fact that traders are afraid to push the price of oil any further without more support from the economic data, but unfortunately for traders, next week is very light on important economic data or fundamental news. Indeed it was another week of uncertainty as fears of a bear market bounce continued to circulate, causing traders and analysts to be cautious of putting more money into the market.

This week, economic data due to be released will include more housing data from US, along with the final reading of the US GDP numbers. While many analysts are expecting an increase of new home sales, it could be argued that they are being overly optimistic. Over the last few weeks the 10 year bonds have been increasing in price, which has a negative effect on the price of mortgage rates, and many believe these numbers will come out worse than expected. There should be no surprise when it comes to the US GDP numbers, however this is not a racing certainty. Should the numbers come out worse than expected, oil prices which have priced in a bottom and a recovery, will be sold off heavily, and might end up in the 60 dollar per barrel area.

You can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site.

Fixed Odds Trading – Morning Update 18th June 2009

admin — Thu, 18 Jun 2009 08:51:42 +0000

The FTSE 100 is currently indicating a flat open, as traders are waiting for the release of the UK retail sales numbers, with some analysts worried that consumers have cut back their spending, which may have a negative effect on the economic recovery. The FTSE will likely open lower this morning, following in a sell off in Japan in overnight trading.

Crude oil rose is trading around the 71 dollars per barrel level after militants claimed they destroyed a Royal Dutch Shell Plc pipeline in Nigeria, Africa’s largest oil producer, and as U.S. stockpiles declined, following the release of the EIA oil inventory stats yesterday. Oil prices are likely to continue to trade in a 5 dollar range for the rest of the week as the price of oil continues to consolidate before pushing higher, possibly as far as $75 per barrel next week, and in line with the figure outlined at the recent OPEC meeting. Other commodities, such as gold and silver have suffered some sharp declines this week, but are now trying to consolidate, and we may see a reversal of these losses as we move into next week.

Fixed Odds Trade – Breakout Trade Dow Jones 15th June 2009

admin — Mon, 15 Jun 2009 08:23:36 +0000

As highlighted in this morning’s post, last week was unusually calm, and a return to volatility is certainly possible later this week, and my suggested fixed odds trade for today is therefore a breakout trade predicting that the Dow Jones Industrial Average will hit 8500 or 9000 in the next 9 days which could return 20% if correct.

Fixed Odds Betting – Bear Bet On The FTSE 100

admin — Thu, 28 May 2009 07:43:29 +0000

The FTSE 100 currently indicates a very weak opening, as the world prepares for the bankruptcy filing of GM. With no economic data out of UK this morning fixed odds traders will be paying close attention to the unemployment figures from Germany. The FTSE 100 index is likely to spend all day in the red.

Oil is down in early trading after Saudi Arabia’s oil minister stated that OPEC doesn’t need to cut output and as a result U.S. stocks slumped because of concern over higher borrowing costs and the expected chapter 11 filing by General Motors. There is a risk that oil prices will test the 65 dollars per barrel mark by the end of the week, and you can follow my daily oil market commentary by following the link. In addition I also provide daily updates on both the price of gold and spot silver which again provide excellent opportunities for fixed odds trading. Remember that today we have the EIA oil inventory figures ( a day later than usual ) as Monday was a national holiday in the US so watch for the numbers this afternoon in the fundamental news.

Fixed Odds Trade Of The Day

With futures indicating a lower open for the FTSE a bear bet on the index seems like a good trading opportunity, and my suggestion is for a 7 day bear bet with a trigger at 4500 on the FTSE pays 31% ROI. Good luck with this fixed odds bet and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Bear Bet – FTSE 100 My Fixed Odds Trade

admin — Thu, 21 May 2009 13:34:09 +0000

The FTSE 100 currently indicates a really weak open, as traders are concerned that the earnings announcements that are due this week will match expectations. This concern has plagued equity markets in Asia as well, where the Nikkei is down almost 3%. With no significant UK economic news, the FTSE will start the week on a down note. The price of oil is down this morning as Asian stock markets declined on concern the global economy may not recover anytime soon. Equities in Japan, the world’s third-biggest oil user, fell today after Panasonic Corp. forecast a second year of losses on a drop in demand for its consumer electronics. Oil prices will likely follow the equities markets for the next couple of days.

My Suggested Fixed Odds Trade Of The Day

With a weak outlook for the equities market, a 14 day bear bet on the FTSE with a trigger below 4300 has an ROI of 108% if correct. As always you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Fixed Odds Bet – Suggested Trade Today 11th May 2009

admin — Mon, 11 May 2009 07:41:43 +0000

With all the major equity markets moving sharply higher in the last few weeks, it is inevitable that at some point we will see a correction take place, as many analysts are suggesting that much of the momentum is based on false optimism and hope, rather than based in reality and fact, and that in due course we will see an equally sharp reversal. My suggested trade for today therefore on the Dow with a no touch trade predicting that the Dow Jones Industrial average won’t touch 10,000 in the next 6 months (180 days).If correct then this could return around 48% on a fixed odds bet with your fixed odds broker.

As always you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.