FXstreet.com Live Sessions Archives

Tracking the forex market together / Part II

Expert: Dr.S.Sivaraman, CEO and owner at i-knowindices.com
Moderator: Maud Gilson, Conference Manager

Summary:

Dr. S. Sivaraman presents his "Tracking the forex market together" double Live Trading Session.  Part II - Reviewing the trades and analysing the FX US market.

Let Dr. S. Sivaraman give you live calls based on market moves and help you finding easy way of trading!

You can watch:

Tracking the forex market together / Part I

Tracking the forex market together / Part I

Expert: Dr.S.Sivaraman, CEO and owner at i-knowindices.com
Moderator: Maud Gilson, Conference Manager

Summary:

Dr. S. Sivaraman presents his "Tracking the forex market together" double Live Trading Session. Read the FX European market and learn to make decisions during Part I.

Let Dr. S. Sivaraman give you live calls based on market moves and help you finding easy way of trading!

You can watch:

Tracking the forex market together / Part II

GDP Live Coverage

US GDP Live Coverage with Valeria Bednarik

(10/29/2009)

  

Close

12:22

FXstreet.com:  Information and opinions contained in this live coverage session are for educational purposes only and do not constitute trading recommendations. Thursday October 29, 2009 12:22 FXstreet.com

12:23

FXstreet.com:  Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts. Thursday October 29, 2009 12:23 FXstreet.com

12:24

FXstreet.com:  Todayfs sponsor is FXCM. Thursday October 29, 2009 12:24 FXstreet.com

12:24

Valeria Bednarik:  Hi everybody and welcome! is a pleasure to be with you all back again. The data is generating high expectations across the board, let's hope won't dissapoint us. Thursday October 29, 2009 12:24 Valeria Bednarik

12:24

FXstreet.com:  Good morning, good afternoon and good evening to everyone all over the world. Today's U.S. GDP Live Coverage will start shortly. I am really pleased to introduce Valeria Bednarik who is going to take part in this live event today as a co-presenter. She will be giving us a direct picture for the market status. Thursday October 29, 2009 12:24 FXstreet.com

12:24

FXstreet.com:  Valeria Bednarik has been an active Forex trader for the last 4 years, specializing in the International Foreign Exchange Market. She also graduates in the Universidad Catolica del Salvador, in Argentina, as a Public Account, specializing in financials and cost managements. She currently manages an important clients portfolio for IFX Markets, Boston and is senior trader manager at Molfx-Management; besides she works training new traders with Trader College LLC specializing in technical analysis, for the English speaking community. Thursday October 29, 2009 12:24 FXstreet.com

12:24

Valeria Bednarik:  We are waiting for U.S. GDP for the second quarter of the year. As you now, the GDP has been negative the last 4 quarters, thus improving in the last one. Last quarter of 2008 print a -6.4, while first quarter of 2009 printed -0.7. Todayfs forecast is a 3.2%, what could be understood as a quite important growth in American economy, and so, be translated as an economic recovery. That could bring as back to optimism and risk appetite. Thursday October 29, 2009 12:24 Valeria Bednarik

12:24

[Comment From dagdag: ]  Hello Val Thursday October 29, 2009 12:24 dag

12:24

Valeria Bednarik:  In fact, I do expect that any reading above 2.00 will be understood as very positive, despite under market expectations. As usual, reaction will first be seen in stocks and then in currencies. Thursday October 29, 2009 12:24 Valeria Bednarik

12:25

Do you anticipate a positive growth in GDP? Yes,even more than expected( above3.1%)  ( 6% ) Yes, as expected (3.1%)  ( 25% ) Yes, less than expected (below 3.1%)  ( 50% ) No, a negative growth in GDP  ( 19% ) Thursday October 29, 2009 12:25

12:25

Valeria Bednarik:  Hi dag. anyway, we start a bit late due to technical problems Thursday October 29, 2009 12:25 Valeria Bednarik

12:26

Valeria Bednarik:  key levels to the upside are EUR/USD 1.4810 GBP/USD 1.6520 break and confirmation above that levels, will likley signal further upside continuation Thursday October 29, 2009 12:26 Valeria Bednarik

12:26

[Comment From nagallanagalla: ]  what will happen if GDP comes better than expect and at the same time job's data comes worst than expect......... Thursday October 29, 2009 12:26 nagalla

12:26

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12:27

Valeria Bednarik:  Better than expected GDP likely to send stocks up: DJIA has a strong support at 9700, a 61.8% of the last fall. I do believe GDP will weight more than unemployment Thursday October 29, 2009 12:27 Valeria Bednarik

12:27

[Comment From yasir kidwaiyasir kidwai: ]  hi Valeria Thursday October 29, 2009 12:27 yasir kidwai

12:27

[Comment From GuestGuest: ]  WHERE IS GBP/USD HEADING. UP OR DOW Thursday October 29, 2009 12:27 Guest

12:27

Valeria Bednarik:  Hi all! Thursday October 29, 2009 12:27 Valeria Bednarik

12:27

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12:27

Valeria Bednarik:  Gbp remains sbullish at this point, and I will wait for a confirmation above mentioned 1.6520 area to try to catch a rallly to 1.6600/20 Thursday October 29, 2009 12:27 Valeria Bednarik

12:27

[Comment From RohitRohit: ]  What effect come in Gold by US GDP? Thursday October 29, 2009 12:27 Rohit

12:28

Valeria Bednarik:  Gold has turned to the downside... as long as under 1043, should extend downside correction. a dollar recovery due to a bad reading, will liley send gold lower Thursday October 29, 2009 12:28 Valeria Bednarik

12:28

[Comment From dagdag: ]  hope you had a nice time in barcelona, good to have you back Thursday October 29, 2009 12:28 dag

12:28

Valeria Bednarik:  Tks! i did Thursday October 29, 2009 12:28 Valeria Bednarik

12:28

[Comment From DarrenDarren: ]  HI Valeria, which USD pair do you think will react the most today? Thursday October 29, 2009 12:28 Darren

12:29

Valeria Bednarik:  Er/Usd: Euro remains under pressure, and a confirmation under 1.4680 likely trigger more selling panic, as a break above 1.4810 will signal further recovery Thursday October 29, 2009 12:29 Valeria Bednarik

12:29

[Comment From GuestGuest: ]  hi Thursday October 29, 2009 12:29 Guest

12:29

[Comment From TomasTomas: ]  Hi Thursday October 29, 2009 12:29 Tomas

12:29

[Comment From yasir kidwaiyasir kidwai: ]  Valeria what you think about Aud/usd thanks Thursday October 29, 2009 12:29 yasir kidwai

12:30

FXstreet.com:  US GDP 3.5% Thursday October 29, 2009 12:30 FXstreet.com

12:30

Valeria Bednarik:  AUD has a long way to correct to the dwnside yet remains strongly bullish at this point mostly as they are considering another rate hike this month Thursday October 29, 2009 12:30 Valeria Bednarik

12:30

Valeria Bednarik:  BETTER THAN EXPECTED 3.5% Thursday October 29, 2009 12:30 Valeria Bednarik

12:31

Valeria Bednarik:  Stocks jumped to the upside and dollar and yen are quiclky losing ground Thursday October 29, 2009 12:31 Valeria Bednarik

12:31

[Comment From obinnaobinna: ]  good day, if the expection comes out higher, what dow e do as regarg GBP/USD? Thursday October 29, 2009 12:31 obinna

12:32

Valeria Bednarik:  If Gbp breaks above 1.6520, i expect the pair to run higher. we should see some small pullback now, before a continuation Thursday October 29, 2009 12:32 Valeria Bednarik

12:32

Valeria Bednarik:  Euro remains subdue still, needs to move above 1.4810 Thursday October 29, 2009 12:32 Valeria Bednarik

12:32

[Comment From GuestGuest: ]  what do u expect for the euro??? Thursday October 29, 2009 12:32 Guest

12:33

FXstreet.com:  US GDP +3.5% in 3Q vs forecast +3.1% Thursday October 29, 2009 12:33 FXstreet.com

12:33

Valeria Bednarik:  if don't break above mentioned level and moves under 1.4700, pair likley to resume downtrend, Thursday October 29, 2009 12:33 Valeria Bednarik

12:33

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12:33

[Comment From GuestGuest: ]  Hi Thursday October 29, 2009 12:33 Guest

12:33

[Comment From aramaram: ]  if GDP announce positive, it`s better to buy Euro or Cable? Thursday October 29, 2009 12:33 aram

12:34

Valeria Bednarik:  Cable.. Euro is suffering more and having a harder time to rise. no strong upside volume seen these days Thursday October 29, 2009 12:34 Valeria Bednarik

12:34

[Comment From GuestGuest: ]  When will positive GDP numbers start to be interpreted as bullish for the dollar? Thursday October 29, 2009 12:34 Guest

12:35

Valeria Bednarik:  Wish I know! and tell you a certain date... but i can't. but take a look at Euro refusing to rise. maybe is weihting there. Anyway, commodity currencies are running strongly higher agaisnt dollar... and they always tend to anticipate majors. Thursday October 29, 2009 12:35 Valeria Bednarik

12:36

Valeria Bednarik:  Still the impact is minor a bit disapointing at this moment, thus GBP continues rising Thursday October 29, 2009 12:36 Valeria Bednarik

12:36

[Comment From GBPGBP: ]  So you reckon 1.652 and up for GBP? Thursday October 29, 2009 12:36 GBP

12:36

Valeria Bednarik:  _A confirmation above that level yes... pair likely to pullback a bit at first attempt to break that level Thursday October 29, 2009 12:36 Valeria Bednarik

12:36

[Comment From GuestGuest: ]  would short on the euro would be the best best considering better than expected gdp from the us? Thursday October 29, 2009 12:36 Guest

12:37

Valeria Bednarik:  not at this point,. Market is not reacting to the data, but to stocks. US indexes are rising, so dollar is falling. Thursday October 29, 2009 12:37 Valeria Bednarik

12:37

[Comment From zaphyzaphy: ]  and the cable has been very stable Thursday October 29, 2009 12:37 zaphy

12:38

Valeria Bednarik:  you are right it has. still we areinside past 5 months range 1.61/1.6660 no long term clear definitions there Thursday October 29, 2009 12:38 Valeria Bednarik

12:39

Valeria Bednarik:  Sorry we have a strong delay in the coverage, I will try to attend all your questions! Thursday October 29, 2009 12:39 Valeria Bednarik

12:39

[Comment From GuestGuest: ]  do u think euro will go 1.5 again in a weeks time Thursday October 29, 2009 12:39 Guest

12:40

Valeria Bednarik:  Not really for me.. eurozone deflation keeps growing, officials keep complaining about strong euro halting recovery... the fact is that i see it closer to 1.40 than 1.50. Of course, my perspective. If we end the week under 1.4680, will be a strong confirmation of that Thursday October 29, 2009 12:40 Valeria Bednarik

12:40

[Comment From AndrejAndrej: ]  why the eur/usd chart is moving up, despite positive USD news? Thursday October 29, 2009 12:40 Andrej

12:41

Valeria Bednarik:  Because the data triggered confidence on economic recovery, send stocks up, and dollar down. People "dare" to invest in riskier asssets as Euro or Gbp when is optimistic Thursday October 29, 2009 12:41 Valeria Bednarik

12:41

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12:42

Valeria Bednarik:  Anyway, not euro, not gbp breaky resistance levels, suggesting upside will remain limited Thursday October 29, 2009 12:42 Valeria Bednarik

12:42

[Comment From ObserverObserver: ]  Is it more likely to have a rally in the US dollar or a rally in the euro due to increased risk apetite from the GDP figures? Thursday October 29, 2009 12:42 Observer

12:43

Valeria Bednarik:  Well, I'm not seeing any euro rally at this point, being a technical trader, I will wait for breaks of mentioend levels. Thursday October 29, 2009 12:43 Valeria Bednarik

12:43

[Comment From GuestGuest: ]  on 5. Nov we have MPC Meeting, do you expect further QE from BOE? Thursday October 29, 2009 12:43 Guest

12:44

Valeria Bednarik:  have been reading the Times today: economist expect a 25 million pounds extension of QE with the U.K far from deflation and closer to inflation.. seems likely Thursday October 29, 2009 12:44 Valeria Bednarik

12:44

[Comment From zaphyzaphy: ]  Val, How do you see the yen? Has the time of topping come yet? Thursday October 29, 2009 12:44 zaphy

12:45

Valeria Bednarik:  Seems so, yet to be honest not completely clear at this point in mid term. Having regained the 91.00 level, I would love to see the usd/jpy above 92.60 to call for an upside continuation in the longer term Thursday October 29, 2009 12:45 Valeria Bednarik

12:45

[Comment From GuestGuest: ]  It seems GBP is not able to break 1520 what will happen then? Thursday October 29, 2009 12:45 Guest

12:46

Valeria Bednarik:  retreat. 1.6440 is the support to watch. under that, run back to 1.6410 sorry! QE of 25 BILLION pounds! tks Eric! Thursday October 29, 2009 12:46 Valeria Bednarik

12:46

[Comment From machariamacharia: ]  i took long on eur/usd at 1.4710....does this mean am in danger Thursday October 29, 2009 12:46 macharia

12:47

Valeria Bednarik:  Not yet.. pair is moving higher... move your stop to break even at least! 1.4700 is the 61.8% retracement of the daily upleg. if we don't break that, pair could resume up trend at lea fro a technical perspective. thus we will need some stronger confirmations Thursday October 29, 2009 12:47 Valeria Bednarik

12:47

[Comment From nagallanagalla: ]  some EU members still says STRONG EURO upsets...........on the basis of this can we expect euro usd will reach to 1.4450 this week if it's fails to break 1.4830 today Thursday October 29, 2009 12:47 nagalla

12:48

Valeria Bednarik:  Yes Nagalla, the same idea I have. let's see commodities keep running higher. suggesting more dollar losses to come Thursday October 29, 2009 12:48 Valeria Bednarik

12:48

[Comment From Margin callMargin call: ]  do you expect USD/JPY to get back to the 92 zone today? Thursday October 29, 2009 12:48 Margin call

12:49

Valeria Bednarik:  Yeap and with this stocks tone, likely today Thursday October 29, 2009 12:49 Valeria Bednarik

12:49

[Comment From petrickpetrick: ]  do you see that the usd/chf has bootomed?? Thursday October 29, 2009 12:49 petrick

12:49

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12:50

Valeria Bednarik:  seems so close to parity. However if we lost 1.0130 support, I see test of that level. 1.0200 is first resistance to consider aheadd ot stronger 1.0130 Thursday October 29, 2009 12:50 Valeria Bednarik

12:50

[Comment From pankajpankaj: ]  wht will be the long term view for EUR/USD Thursday October 29, 2009 12:50 pankaj

12:51

Valeria Bednarik:  I don't have a strong posture there at this point. But if under 1.4450, bearish no doubts. Thursday October 29, 2009 12:51 Valeria Bednarik

12:51

[Comment From machariamacharia: ]  is it advisable to take long on gbp/usd at 1.6500 Thursday October 29, 2009 12:51 macharia

12:51

Valeria Bednarik:  not for me. not now. better wait for a break and confirmation oof 1.6520 Thursday October 29, 2009 12:51 Valeria Bednarik

12:51

[Comment From AngelAngel: ]  I still don't really understand how the euro/dollar is so influenced by changes in risk appetite. How is the euro considered "riskier"? this should only apply to emerging markets currencies, does not make a whole lot on sense. Thursday October 29, 2009 12:51 Angel

12:53

Valeria Bednarik:  well, dollar is THE safe haven... followed by JPY. I has always been. True we are talking theys about that codition to remain intact, but is how things are today. and likely continue to be at least in my life time Thursday October 29, 2009 12:53 Valeria Bednarik

12:53

[Comment From GuestGuest: ]  no worries! Thursday October 29, 2009 12:53 Guest

12:53

[Comment From ericeric: ]  no worries!!! Thursday October 29, 2009 12:53 eric

12:53

[Comment From shaibushaibu: ]  so wha is yhe direction for the GBP/USD? Thursday October 29, 2009 12:53 shaibu

12:54

Valeria Bednarik:  above 1.6520 to the upside, under 1.6440 to the downside Thursday October 29, 2009 12:54 Valeria Bednarik

12:54

[Comment From ObserverObserver: ]  euro is rallying a bit Thursday October 29, 2009 12:54 Observer

12:55

Valeria Bednarik:  Yres as stocks continued ralling as well as commoditie currencies. let's see the reaction at the 1.4810 level. should retreat a bit from there before breaking higher if it does Thursday October 29, 2009 12:55 Valeria Bednarik

12:55

[Comment From alexalex: ]  i see the EUR heading to 1.4827, which is also 38.2% of 1.5061-1.4683 ! Thursday October 29, 2009 12:55 alex

12:55

Valeria Bednarik:  close to my levels, and my fibo... i'm taking a low at 1.4480 ;) Thursday October 29, 2009 12:55 Valeria Bednarik

12:55

[Comment From GuestGuest: ]  can you please give an example when you say (move your stop break even)? thank you Thursday October 29, 2009 12:55 Guest

12:56

Valeria Bednarik:  if you enter to the upside at 1.4710, place your stop loss at 1.4715 right now, to come out withno loses nor winnings... at this point, even higher! Thursday October 29, 2009 12:56 Valeria Bednarik

12:56

[Comment From VikasVikas: ]  Hi Valeria. AUD seems to be gaining after the GDP figures. Will the upside hold or you still expect correction on the downside? Thursday October 29, 2009 12:56 Vikas

12:57

Valeria Bednarik:  0.9100 won't be an easy level to break. if it does, will likely continue to the upside. As told before, RBA is expected to raise rates again in November, another 0.25 bpoints Thursday October 29, 2009 12:57 Valeria Bednarik

12:57

[Comment From GuestGuest: ]  what do you think about gold price today? do you think that it will break 1021 today Thursday October 29, 2009 12:57 Guest

12:58

Valeria Bednarik:  With this strong positive sentiment, seems unlikely. Key resistance there is the 1043 area. If above, we are going to see new highs in gold Thursday October 29, 2009 12:58 Valeria Bednarik

12:58

[Comment From alexalex: ]  EUR heads to 1.4827 Thursday October 29, 2009 12:58 alex

12:59

Valeria Bednarik:  Heding higher yes.. next resistance above 1.4810/20 area comes at 1.4860 Thursday October 29, 2009 12:59 Valeria Bednarik

12:59

[Comment From jakjak: ]  usd/jpy sell or buy? Thursday October 29, 2009 12:59 jak

12:59

Valeria Bednarik:  Here nothing yet buy above 91.60/70 Thursday October 29, 2009 12:59 Valeria Bednarik

12:59

[Comment From bollinger manbollinger man: ]  What is your forecast for the USD/COP? Thursday October 29, 2009 12:59 bollinger man

1:00	Valeria Bednarik:  I never ever see a chart of cop... Sorry! Thursday October 29, 2009 1:00 Valeria Bednarik

1:00	[Comment From GuestGuest: ]  at what point we should watch reversal of euro/usd if euro is not breaking 1.4800 level? Thursday October 29, 2009 1:00 Guest

1:00	Valeria Bednarik:  under 1.4770 likely to return to the downside Thursday October 29, 2009 1:00 Valeria Bednarik

1:01	[Comment From jakjak: ]  usd/jpy is now buying trget? Thursday October 29, 2009 1:01 jak

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1:02	Valeria Bednarik:  not for me not at this levels. 91.30 is a Fibo level in the daily we need confirmations above that to see more upside movements Thursday October 29, 2009 1:02 Valeria Bednarik

1:03	Valeria Bednarik:  Euro continues pushing higher, yet GBP seems unable to. Stocks halted the recovery, we are going to see some consolidation ahead of U.S. opening i guess Thursday October 29, 2009 1:03 Valeria Bednarik

1:03	[Comment From GuestGuest: ]  how about aud/usd reversal? Thursday October 29, 2009 1:03 Guest

1:05	Valeria Bednarik:  Short term one seems posible, still market has not finished diggesting the new. If you want to sell, use a tight stop. as mentioned earlier 0.9100 will be key for the pair following trned. Thursday October 29, 2009 1:05 Valeria Bednarik

1:05	[Comment From GuestGuest: ]  what is the reversal on aud/usd? Thursday October 29, 2009 1:05 Guest

1:05	[Comment From amineamine: ]  what about your expectation GBP/USD......continuing in bull , or bear!!?? Thursday October 29, 2009 1:05 amine

1:05	[Comment From obinnaobinna: ]  Hi, valeria Thursday October 29, 2009 1:05 obinna

1:06	Valeria Bednarik:  I expect Gbp to fall if under 1.6440 not before.longer term perspective, needs to see the pair under 1.6250 to the upside short term 1.6520 long term 1.6700 Thursday October 29, 2009 1:06 Valeria Bednarik

1:06	[Comment From KZKZ: ]  Would it possible at all EUR/USD to get recovered to 1.5000 level? Thursday October 29, 2009 1:06 KZ

1:07	Valeria Bednarik:  Everything is posible. if we close the day around current level, chances increase. Thursday October 29, 2009 1:07 Valeria Bednarik

1:07	[Comment From pankajpankaj: ]  do u think euro rally is over as USD is recovering significantly? Thursday October 29, 2009 1:07 pankaj

1:08	Valeria Bednarik:  yes, I rather support that perspective, yet from a technical point of view, we have no confirmations yet. Thursday October 29, 2009 1:08 Valeria Bednarik

1:08	[Comment From IbrahimIbrahim: ]  is has not yet broked r1 Thursday October 29, 2009 1:08 Ibrahim

1:08	[Comment From kelvinkelvin: ]  do u think Euro will drop back to 1.46? Thursday October 29, 2009 1:08 kelvin

1:09	Valeria Bednarik:  If under 1.4700, even further Thursday October 29, 2009 1:09 Valeria Bednarik

1:09	[Comment From GuestGuest: ]  can eur/jpy up to 137.00 Thursday October 29, 2009 1:09 Guest

1:09	Valeria Bednarik:  seems a bit too much for today... ;) Thursday October 29, 2009 1:09 Valeria Bednarik

1:09	[Comment From dagdag: ]  in the last 2 weeks there were massive buying of GBP (2 big oil companys and banks, to pay shareholder divident), if BOE now is pumping another 25 bln in the market, were do you see GU after MPC? Thursday October 29, 2009 1:09 dag

1:10	FXstreet.com:  sorry ! we have just 10 minutes left. If you ahve any questions on the market, please do not hesitate to ask Valeria Thursday October 29, 2009 1:10 FXstreet.com

1:10	[Comment From zachzach: ]  GBPUSD heading south for now? Thursday October 29, 2009 1:10 zach

1:10	Valeria Bednarik:  DAG: under 1.62000. ZACH heding nowhere just consolidating Thursday October 29, 2009 1:10 Valeria Bednarik

1:10	[Comment From LimanLiman: ]  what do u think will be the direction NZD/USD Thursday October 29, 2009 1:10 Liman

1:11	Valeria Bednarik:  In general I see it bearish... way overbought in weekly! no rates rise... complains... under 0.6980 or so, pair should slump strongly Thursday October 29, 2009 1:11 Valeria Bednarik

1:11	[Comment From ObserverObserver: ]  How annoying, i have a sell at 0.9100 for aud/aus and the price reach 0.9098 before what looks like it reversing Thursday October 29, 2009 1:11 Observer

1:12	Valeria Bednarik:  agghh is awfull... but happens! don't worry Thursday October 29, 2009 1:12 Valeria Bednarik

1:12	[Comment From GuestGuest: ]  Hi Val. What's your take on the AUDCAD? It's moving around in a "Sam Seiden" supply area, and the RBA decission started me thinking, because I want to go short on it, but... Thursday October 29, 2009 1:12 Guest

1:12	[Comment From Mr. CadMr. Cad: ]  what is your view on the loonie Thursday October 29, 2009 1:12 Mr. Cad

1:14	Valeria Bednarik:  AUD CAD could be forming a reversal top pattern if holds under current zone. Watchfor a break under 0.9650 area to confirm that. Thursday October 29, 2009 1:14 Valeria Bednarik

1:15	Valeria Bednarik:  CAD has a strong zone aroudn 1.0770... and failed to break above. Should regain that level to regain the upside. yet as long as oil remains between 70/80 a barrel, seems we are not seeing any strong trend there. Thursday October 29, 2009 1:15 Valeria Bednarik

1:15	[Comment From AkeelAkeel: ]  I dont get it. GDP reading is above expectations and USD has weakened. Why?!?! Thursday October 29, 2009 1:15 Akeel

1:16	FXstreet.com:  Really sorry that next question will be the last one.... Thursday October 29, 2009 1:16 FXstreet.com

1:16	Valeria Bednarik:  Stocks! market is following stocks and gold. It had for the last year or so. risk aversion/appetite is ruling market and dollar has an inverse correlation with it's reports Thursday October 29, 2009 1:16 Valeria Bednarik

1:16	[Comment From amineamine: ]  why don't we make a sell in EUR/usd? yes there is a risk of a correction to the high,what do you thing instead of waiting for a confirmation of a downtrend Thursday October 29, 2009 1:16 amine

1:17	Valeria Bednarik:  You can take your chances where you want, regarding what you see.. never trust any guru or expert more than in yourself! Thursday October 29, 2009 1:17 Valeria Bednarik

1:18	FXstreet.com:  We are short of time today, I have to wrap up the session. Thursday October 29, 2009 1:18 FXstreet.com

1:18	FXstreet.com:  Thank you Valeria for the great market view!... and every one who has joined the session. I have had a great time with you. Many thanks to all the traders gathered here today for your participation! Thursday October 29, 2009 1:18 FXstreet.com

1:18	Valeria Bednarik:  Sorry guys, we have to end. I know we have a lot of questions without answer, but you can continue asking in my blog Thursday October 29, 2009 1:18 Valeria Bednarik

1:18	FXstreet.com:  Any final words , Valeria? Thursday October 29, 2009 1:18 FXstreet.com

1:20	Valeria Bednarik:  Despite this risk appetite spike, majors hold under key resistance area, suggesting investors are not quite convinced yet to return to risk appetite. Thursday October 29, 2009 1:20 Valeria Bednarik

1:21	Valeria Bednarik:  as usual, watch your trades, and follow your technical analysis! I has been a pleasure to be here with you today! see you bacj with BOE and ECB! bye! Thursday October 29, 2009 1:21 Valeria Bednarik

1:21	FXstreet.com:  alright evey one,, Thank you for coming today!. I hope to see you all again next week!. Bye for now. Thursday October 29, 2009 1:21 FXstreet.com

1:21	FXstreet.com:  Todayfs sponsor is FXCM. Thursday October 29, 2009 1:21 FXstreet.com

1:21	[Comment From TomTom: ]  Thanx Val! for AUDCAD comment. Thursday October 29, 2009 1:21 Tom

1:21	FXstreet.com:  Information and opinions contained in this live coverage session are for educational purposes only and do not constitute trading recommendations. Thursday October 29, 2009 1:21 FXstreet.com

1:21

FXstreet.com:  Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts. Thursday October 29, 2009 1:21 FXstreet.com

1:21	[Comment From RohitRohit: ]  thanx Thursday October 29, 2009 1:21 Rohit

1:22

 

 

Disclaimer: Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts.

An introduction to Price Behaviour: Part 4

Expert:  Mike Baghdady, Head Trader at SpyGlass
Moderator: Maud Gilson, Conference Manager

Summary:

Trading Rules.

Confidence, Consistency and disciple are key to the success of the most profitable traders. In order to achieve that a trader must have a clear set of rules that specifically define what should be done in any given market situation. Mike will share many of these rules.

You can watch:

An introduction to Price Behaviour: Part 1

An introduction to Price Behaviour: Part 2

An introduction to Price Behaviour: Part 3

London Session Scenarios on GBPUSD & GBPJPY

Expert: Mihai Marinescu, Website Manager & Trader at TradeCADJPY.com
Moderator: Maud Gilson, Conference Manager

Summary:
In this webinar, FXInstructor.com trader and mentor Mihai Marinescu will first have a look at GBPUSD & GBPJPY from an Elliott Wave perspective. After drawing the big picture for these pairs in near-term and mid-term, he will point out possible entries and manage existing trades with a comprehensive and efficient short-term strategy. Join us for a free analysis & trading session during peak market hours!

Asian Session: Live Market Analysis

Expert: Dr.S.Sivaraman, CEO and owner at i-knowindices.com
Moderator: Maud Gilson, Conference Manager

Summary:

Dr. Sivaraman will review the previous day close levels and calls given in his blog and present expected trading ranges in 4 majors and 2 commodity pairs.

Monthly Webinar: Harmonic Patterns

Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager

Summary:

Harmonic Patterns are one of the most effective and precise ‘reversal patterns’.

These patterns apply specific Fibonacci retracements and extensions to a price structure.

They can be quite powerful and often give you straightforward entry and exit points. The main advantage of these patterns is that they leave little to guesswork, are very precise and rely on specific Fibonacci numbers.

Learn the different types of patterns, and understand how to trade them with precisely defined entry, exit and stop levels.

An introduction to Price Behaviour: Part 3

Expert:  Mike Baghdady, Head Trader at SpyGlass
Moderator: Maud Gilson, Conference Manager

Summary:

During this webinar, we will see how to use Price Behaviour in order to gain a Trading Edge from the charts. Mike will also teach you:

1. How to identify the high probability trades

2. How to identify your Risk

3. How price behaviour is reflected in emotions and psychology

4. How to look for price points as a buy and sell indicators

You can watch:

An introduction to Price Behaviour: Part 1

An introduction to Price Behaviour: Part 2

An introduction to Price Behaviour: Part 4

Anticipating the 4th quarter

Expert: Adam Rosen, CEO and Co-Founder at 4xLounge
Moderator: Maud Gilson, Conference Manager

Summary:

As we approach the end of the year, we will anticipate where the markets may proceed over the last few months.

Asian Session: Live Market Analysis

Expert: Dr.S.Sivaraman, CEO and owner at i-knowindices.com
Moderator: Maud Gilson, Conference Manager

Summary:

Dr. Sivaraman will review the previous day close levels and calls given in his blog and present expected trading ranges in 4 majors and 2 commodity pairs.