Archive for Double Touch Bet

Fixed Odds Trading Tip – AUD/USD One Touch Bet

Thursday, February 11th, 2010
aussie dollar daily chart

AUD/USD - Daily Candle Chart One Touch 11th February 2010

For fixed odds trading this morning the currency to watch is the Aussie Dollar, which is already up by 1.5% in early trading,  with the Aussie vs Yen also up by a similar percentage at 1.30%. This dramatic move has also helped to drag the New Zealand dollar to the upside, with the NZD/USD currency trading up by 0.75%. The reason for the move higher was the release overnight of the Australian employment data, which came in well ahead of forecast at 52.7, and exceeding  analysts forecasts of 15.1 by some margin. This news coupled with the recent move by the Australian Government to remove its guarantee of banking deposits. has been seen by the markets as a signal that the worst of the recession is now over, and the these two news items have combined to produce the surge higher seen in the currency markets today. Whilst the AUD/USD remain well below the highs of 2009, this is nevertheless and encouraging signal for AUD/USD bulls, and my fixed odds trading tip for today is to bet that this pair will achieve a price of 0.94 in the next 55 days. If correct this bet will return 250%.

The MT4 platform from ODL offers all the above with the choice of either mini or standard trading accounts so you can begin to trade with as little as 500 euros so why not download your free demo copy of the metatrader 4 software by clicking on the following link – download metatrader free -  and get started today, and don’t forget to follow my daily posts for updates and analysis of the forex markets to help you with your forex trading – so good luck and good trading.

Fixed Odds Trading – Economic Calendar 8th February 2010

Monday, February 8th, 2010

It’s a quiet start to the week for fixed odds trading, with little major fundamental news due for release today, but the focus of attention in Europe will no doubt continue to be over the sovereign debt problems in both Greece and Portugal which continue to dominate the European markets and weigh heavily on the euro as a result. As always on quiet news days we could see some unexpected moves in the forex markets, with rumour and speculation driving prices, always very unpredictable!

Today sees two items of news planned for release later, the first of which is Swiss retail sales due out shortly, which is then followed by the Housing Starts data in Canada, which unlike Europe, has been improving steadily following the long deep recession of the last two years, no doubt helped to some extent by the Winter Olympics which are due to start in Vancouver on the 12th February.

For fixed odds trading today, the forex pair to watch is the dollar Swiss and should the numbers better than expected then this could be good news for the Swiss currency, and an opportunity to enter the market with a no touch bet this morning over the next few hours. This afternoon look for fixed odds trading opportunities in the usd to cad pair, where the forecast is for an improvement once again from 175,000 last time to 180, 000 this time, and if the number is better than expected then again this will be good news for the Canadian dollar.

The MT4 platform from ODL offers all the above with the choice of either mini or standard trading accounts so you can begin to trade with as little as 500 euros so why not download your free demo copy of the metatrader 4 software by clicking on the following link – download metatrader free -  and get started today, and don’t forget to follow my daily posts for updates and analysis of the forex markets to help you with your forex trading – so good luck and good trading.