CMC Markets Tracker Platform

Posted on November 16, 2011 by admin

Take more control of your CFD trading. Try the new CMC Tracker platform.

CMC Markets is The Bulls and Bears Report’s preferred CFD provider. At CMC Markets they’ve purpose built their new web-based CMC Tracker platform to make your CFD trading easier and provide you with more control. Trade CFDs your own way with CMC Markets’

  • lowest spreads ever,
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  • outstanding charting,
  • free iPhone and iPad apps, and
  • superior order functionality.

Click here to sign up for a free demo and see what it can do.


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eToro 28 January 12

Posted on January 28, 2012 by admin

U.S. 4Q GDP Higher but Misses Target; EUR/USD Dips and Rebounds

 January 27th, 7:03 pm by Barbara Zigah

(eToro Blog) The U.S. Bureau of Economic Analysis on behalf of the U.S. Commerce Department reported that the U.S. economy grew 2.8% in the last quarter of 2011, an improvement over the previous quarter’s lackluster growth of 1.8% but falling short of the consensus estimate of 3.0% growth. According to the reading, which was the first of several, it can be primarily attributed to increased consumer spending and higher production from U.S. businesses. Consumer spending rose to 2%, up from 1.7% in the third quarter, but like the GDP data, fell short of analysts’ expectations of 2.4% growth. Continue reading →

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eToro 28 January 12

Posted on January 28, 2012 by admin

Euro and Gold Still Benefiting from the Fed’s Bombshell

 January 27th, 12:40 pm by Barbara Zigah

(eToro Blog) With a quiet trading day ahead absent of any major economic news, the Euro is continuing to find support from the bombshell dropped by the U.S. Federal Reserve on Wednesday when Chairman Ben Bernanke announced the extension of the bank’s low interest rate commitment and suggested that another round of quantitative easing could be forthcoming if conditions warrant. Earlier, the Euro-Dollar was trading slightly lower at 1.3103, and sentiment on the OpenBook still tends to be bearish in direction. OpenBook guru pyruss has been regularly scalping both sides of the EUR/USD pair over the past week, notching small but steady gains which have allowed him to retain his place among the top 10 on the 6-month rankings board. Continue reading →

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eToro 27 January 12

Posted on January 27, 2012 by admin

Weekly Review OpenBook Roundup

January 26th, 9:48 pm by Sam

(eToro Blog) OpenBook trader waleed0987 has earned praise from his copiers this week for his profitable strategies that use low risk. The trader has traded both long and short EURUSD positions this week with gains as high as 11%. The pair traded in a range between 1.2950 and 1.3040 earlier in the week creating good opportunities for scalpers such as waleed0987. OpenBook trader waleed0987 also took advantage of the swings on the AUDUSD booking gains as high as 7%. The trader is an Aussie bear primarily and has built up some long term positions on the pair. Looking at his open exposure, the trader expects AUDUSD to target 1.0430. Looking at this trader’s P&L graph, we can see that the trade made consistent profits until end of December, when he hit resistance near the 1000% return. The trader’s equity curve hit support near 637% but is now heading higher towards 803%. waleed0987 has returned good results for himself and his 1440 copiers on OpenBook. Continue reading →

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eToro 27 January 12

Posted on January 27, 2012 by admin

ECB Frets over Its Greek Bonds as OpenBook Resumes Bearish Posture

January 26th, 2:07 pm by Barbara Zigah

(eToro Blog) Following the Federal Reserve’s announcement yesterday, the Euro again rallied against the U.S. Dollar, and is now trading higher today at 1.3156. On the OpenBook, traders who had expected the Euro to pullback are rethinking their positions. Trader psee1961 has closed out several longs (and a single short) over the past day, with a range of profits from as little as 1% (the short) to a high of 46%, with an average 26% return on the last six longs. Continue reading →

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Synergy FX 27 January 12

Posted on January 27, 2012 by admin

Daily Forex Update: AUD/NZD

27 Jan 2012 2:15 am – By: Dima Chernovolov

AUD/NZD continues to decline after completing the Uniform Triangle chart pattern identified by Autochartist on the hourly charts. The overall Quality of this Triangle is rated at the 6 bar level as a result of the average Initial Trend and Clarity (both measured at the 5 bar level) and higher Uniformity (7 bars). This chart pattern follows the preceding daily downward price impulse from the combined resistance area lying at the intersection of the 61,8% Fibonacci Retracement of the previous sharp downward price impulse from the major long-term level of resistance 1.3600 (which had previously reversed the pair down in the August of 2000) and the upward resistance trendline (former long-term support trendline from September of 2009 broken by the aforementioned previous downward price impulse from 1.3600, as is shown on the second chart below). The pair is expected to fall further in the nearest time in the direction of the Forecast Area set between price levels 1.2867 and 1.292. Continue reading →

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OzForex 27 January 12

Posted on January 27, 2012 by admin

Market Commentary – by Carly Pickering

Australian Dollar

With most of the country focused on lighting the BBQ and chilling the beer, the Aussie dollar had a relaxing Australia Day, for its onshore session at least. Moving marginally higher from its opening levels, it trading across to London hours just above 1.0600 before an announcement from Russia’s central bank broke the Aussie from its range. Deputy Chairman Alexei Ulyukayev indicated the Bank of Russia may start to buy the Australian Dollar as an international reserve currency as soon as February this year. Pushing the Aussie to nearly 3-month highs above 1.0670 was this news in combination with Federal Reserve policy to keep US interest rates at record lows through until at least late 2014. Profit-taking of long positions has seen the local unit fall back slightly to start the Asian session at 1.0620.

We expect a range today of 1.0580 – 1.0670 Continue reading →

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eToro 26 January 12

Posted on January 26, 2012 by admin

U.K. Edges Closer to Double Dip and OpenBook Goes Bearish on Sterling

 January 25th, 2:24 pm by Barbara Zigah

(eToro Blog) News that the U.K. economy is edging closer to a double-dip recession is putting pressure on the Pound Sterling, which fell against the U.S. Dollar to 1.5581. On the OpenBook, traders are primarily short the GBP/USD. Guru santosh, who is generally very attune to the U.K. economy, only managed to eke out a small gain of 4.5% by closing out one long position; he holds numerous open longs in the GBP/USD pair which are not close to turning a profit. Other traders were quicker in closing out their longs that were in danger of reversing; trader bonychem closed out a long with a 4% gain, but only minutes before that closed another with a 46% return. Continue reading →

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eToro 26 January 12

Posted on January 26, 2012 by admin

OpenBook’s Traders Look first to German Data, then Fed Decision for Euro Direction

 January 25th, 11:28 am by Barbara Zigah

(eToro Blog) The Euro-Dollar continues to trade above the recently broken 1.3000, most recently lower at 1.3029, but OpenBook traders are shoring up defensive positions in the EUR/USD pair, with shorts outnumbering longs by 8 to 1. The largely negative sentiment is based almost entirely on the ongoing debacle of the Eurozone, with the debt crisis in Greece at the fore. OpenBook guru pyruss is one such trader, with well over a dozen short positions recently opened. Trader paoloetoro, who allocates more than 60% to the EUR/USD Pair, recently closed out a short position with an 18% gain, which is middling as compared to the 58% return yesterday. Continue reading →

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Synergy 26 January 12

Posted on January 26, 2012 by admin

Daily Forex Update: USD/JPY

 

26 Jan 2012 12:31 am – By: Dima Chernovolov

USD/JPY has recently completed the extended Triangle chart pattern identified by Autochartist on the daily charts. The length of this chart pattern is equal to 251 candles. Autochartist rates the overall Quality of this Triangle at the 6 bar level as a result of the average Initial Trend (rated at the 5 bar level), substantial Uniformity (8 bars) and above-average Clarity (6 bars). Higher Uniformity and Length increase the visibility of this chart pattern which heightens the likelihood of the further follow-thought buying of this pair in the nearest time. The pair has recently broken through the upper resistance trendline of this Triangle (coinciding with the 4-year-long weekly resistance trendline from the June of 2007, shown on the second chart below) with the Breakout whose strength is measured at the maximum 10 bar level. The pair is expected to advance further toward the Forecast Region set between price levels 81.03 and 85.44. Continue reading →

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OzForex 26 January 12

Posted on January 26, 2012 by admin

Market Commentary – by Michael Judge

Australian Dollar

The Australian Dollar has managed to advance significantly over the past 24 hours souring overnight to reach an eventual high of 1.0597 against its US Counterpart. Pushing the Australian Currency higher yesterday, traders had been counting on a very low reading for underlying inflation however were surprised on the upside when the annual trimmed mean, which diminishes sharp price swings, quickened to 4.6 percent. Whilst last quarter CPI figures did come in at zero percent, futures markets have now priced in around a 50 percent chance that the RBA will make a downward revision of the official cash rate when they next meet in February. Opening this morning a full cent higher the Australian Dollar is currently swapping hands at a rate of 1.0579. Looking ahead today price actions are likely to remain subdued with tighter ranges expected given the Nationwide Australia Day Public Holiday.

We expect a range today of 1.0550 – 1.0650 Continue reading →

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