Indicator based off of Tom DeMarks' TD Sequential indicator as described in Jason Perl's book "DeMark Indicators"
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TD Sequential.mq4
Monday, April 19, 2010
The volume of transactions with foreign securities in Canada, below forecasts for February
The volume of transactions with foreign securities in Canada amounted to 6,72 billion dollars in February, according to the Statistical Office of the country. A month earlier figure was 11.84 billion dollars, and in February projected decline to 8.95 billion dollars.
At the same time, the volume of purchases of foreign securities of Canadian investors totaled 3.9 billion dollars in February, the maximum outflow from March 2009.
Goldman can expect a thorough inspection in Britain and Germany after the court
Goldman Sachs Group Inc. Britain faces a "reconnaissance" of regulatory bodies and candid attention from the German government after the Commission on the Securities and Exchange Commission (SEC) passed in the U.S. court case against the company for fraud in connection collateralized debt obligations.
Politicians who were forced to rescue its banks during the financial crisis, turning their attention to Goldman, knowing the contribution of the company in turmoil in financial markets and manipulation in order to pay. The EU also explores the role of Goldman in the creation of swaps for Greece, which could mask the deficit country.
"It looks as if people were misled," - said Gordon Brown.
The Commission on the Securities and Exchange Commission also said that Goldman misled investors IKB Deutsche Industriebank AG about the role of Paulson in trade.
IKB became the first victim of Germany's subprime mortgage crisis in the U.S. in 2007 after their investments and securities were impaired.
"The German Government will ask the Commission for additional information, and when we get the data, then consider possible legal action" - said Ulrich Wilhelm (Ulrich Wilhelm), spokesman for Merkel.
At Goldman Sachs warned that "provided detailed information" IKB about possible risks associated with mortgage-backed securities.
Bloomberg
Dollar Hits 3-Week Low Vs Yen On Financial Sector Concerns
The dollar struck a three-week minimum against the yen due to the sale of hedge funds, as many fear that the charges against Goldman Sachs charges may affect the ordinary shares and American interest rates this week.
The dollar may fall further against the yen in the coming days, if the fall campaign will go down on growing fears that U.S. regulators may extend the "feeling out" financial institutions - dealers said.
In early Asian trading week the dollar fell to 91.83 yen, its lowest level since March 25.
While perhaps the majority of companies involved in small business, the amount will report better-than-expected profits, many well-known names did not meet expectations "- said David Forrester (David Forrester), currency analyst at Barclays Capital. It can also drag a higher yield, riskier currencies like the euro, lower against the yen - the analyst said.
At the same time, there are rumors that the Chinese government may soon allow the yuan to rise against the dollar, which could become an additional stimklom for investors to sell dollars in favor of the yen, -, dealers said.
360.000 unemployed Portugal in anticipation of the March benefits
According to the Ministry of Labour of Portugal, a computer crash led to delays in processing benefits.
Most of the unemployed receive benefits in March with the delays, this situation affects approximately 360.000 people.
"It is obvious that the main problem is the deteriorating quality of service," - said Maria do Carmo Tavares (Maria do Carmo Tavares), who works in the executive committee of the labor unions.
According to the Ministry of Labour, the delay in the payment of benefits touched 360.000 beneficiaries, ie 64.17% of the total number of registered unemployed at employment offices. According to the latest data available at the Office of Employment and Vocational Training, in February of the country were registered 561,315 unemployed people.
Helen Andre (Helena André) of the Employment Service, said unemployment benefits have no clear time frame in which they will be paid.
For Maria do Carmo Tavarez is like the situation is totally unacceptable, because people are rigidly fixed income and they want to survive. Trade union leader believes that government policy in the sphere of administrative activity "was overwhelming", which is why many workers have resigned immediately, even knowing that their benefits would amount to 25%, 30% or 40% of income. Health, education and welfare, according to a trade union leader, will feel the greatest impact.
TD Securities believes the weakening Canadian dollar temporary
Canadian dollar weakens against the common desire to escape from risk, which is dominated by the global financial markets in light of allegations of fraud against a U.S. bank Goldman Sachs. As noted by analysts TD Securities, the mood on the stock markets remains negative, the U.S. futures are also in negative territory, forcing the Canadian currency to stay on the defensive. The Bank recall that last week the Canadian dollar has shown the worst performance among the major currencies. However, the bank's strategists believed that the current weakening of the currency of Canada is merely short-term consolidation in the overall bull trend. The bank believes that today the pair dollar / Canada is unlikely to go beyond the range, limited levels of 1.0130 and 1.0216. Currently pair dollar / Canada is at around 1.0175.
Tuesday, April 13, 2010
Saturday, April 10, 2010
Employment in Canada rose in March
Employment in Canada rose in March at 18 thousand should be noted that the growth rate has remained stable since July 2009.
Thus, in July last year, employment in Canada increased by 176 thousand, or 1.1%.
Nevertheless, the unemployment rate in Canada remained unchanged - 8,2%.
Average hourly earnings rose by 2,2% compared to the same period last year.
Bundesbank attacks Greek rescue as a threat to stability
German Bundesbank fired a warning shot to the side of Chancellor Angela Merkel (Angela Merkel), boycotting the joint plan of EU-IMF to rescue Greece, considering that this plan will undermine the economic stability, and probably illegal.
Ultra-hawk Axel Weber (Axel Weber), who heads the Bundesbank, said the decision to connect to the IMF could make matters worse by arguing that the EU can apply more stringent fiscal discipline. Photo: Reuters
Yield of two-year Greek bonds rose by 136 basis points in early trading to 8.3% from 5.2% last week. Later, the market has stabilized, when Athens declared a 40% reduction of budget deficit during the first quarter, suggesting that conservation measures are yielding results.
The document contains the Bundesbank diatribe agreement, approved by European leaders two weeks ago, it says that the joint plan was adopted without consultation with central banks and is the monetization of debt. "This agreement will lead to destabilization of the economy, like that should not be underestimated."
According Rundschau, a joint rescue operation between the IMF and the EU will turn the Bundesbank in the "press" for the purchase of Greek bonds. Such actions violate the European principle of "no salvation".
Hans Redeker (Hans Redeker), head of foreign exchange division at BNP Paribas, said that the report greatly strengthens the tone of criticism of the European Monetary Union in Germany. With professors already going to file a complaint with the Constitutional Court in order to stop the plan to rescue Greece. "Such actions severely limit its room for maneuver Merkel" - he said.
Ultra-hawk Axel Weber (Axel Weber), who heads the Bundesbank, said that the decision to connect to the IMF could make matters worse, arguing that the EU would be applied to more stringent fiscal discipline.
In the report acronym IMF (IMF) ironically painted as "Inflation Maximising Fund" (maximizes Inflation Fund), stating that the foundation fund "softened" under pressure Dominique Strauss-Kahn (Dominique Strauss-Kahn), French socialist and Keynesian. These actions shift the focus from the "fiscal cleansing" to the "growth-oriented" financial policy. Selection for such purposes reserves the Bundesbank can not be justified "- the report said.
At least, Mrs. Merkel will be extremely problematic to weaken its insistence on "market rates" on any loans for Greece. The officials spoke about the numbers that are close to 6%, to avoid moral hazard, but it angered Greece. She hopes to hold below 4.5%, as Portugal or Ireland. The representative of the Greek government said yesterday that his country had imposed "barbaric conditions" (barbarous conditions).
Jean-Claude Trichet (Jean-Claude Trichet), ECB president, minimized the rift between Berlin and Brussels, saying that the EU's assistance to Greece was "very, very serious undertaking, and nobody should be windy relate to the statement signed by the Heads of State" .
"Taking into account all the information that I have, I believe that Greece is not considered a default," - he said after the meeting of the Board of Governors. The Bank left interest rates at record low level of 1%.
Lourent Bilko (Laurent Bilke), European economist at Nomura and a former official of the ECB, said that Greece is actually located outside the market. "We believe a more likely course of events, which will force Greece to change the strategy and ask for help. In fact, there are no prerequisites to wait for "accident".
At Barclays Capital say that to restore confidence and funding needs, Greece should be at least 40-45 billion euros, which will help buy time for reform.
As expected, the ECB has postponed plans to tighten collateral rules, thereby eliminating the risk of loss of Greek banks vital security from Frankfurt for another year. In the analysis IOBE said that funding ECB Greek banks in the first quarter rose to 65 billion euros. The ECB will impose fines for "fat" on the lower classes of shares, but it will not address sovereign debt. This is an atypical aid Greece, Italy and other major debtors.
Jean-Claude Trichet President European Central Bank, to change the subject of the ongoing rift between Berlin and Brussels. Photo: Bloomberg
Kellow Julian (Julian Callow) from Barclays said that the sharp fluctuations in the Greek mask, and the good news: "contagion" has not spread to central Europe and Ireland. "Greece is now regarded as an isolated incident, since it came to a crisis with already very high debt. Ireland managed to avoid, despite how much it cost the banking sector ", - he said.
In any case, the euro looks much stronger after the events of the last two weeks. Analysts say that for the Greek default there are serious reasons, and if it happened, that in itself would have been losses for the currency union.
The Telegraph
Friday, April 9, 2010
Gann Levels MT4 Indicator
Determination of support and resistance levels
Calculation of target prices for the support and resistance is a very simple task.
Square of Nine is such that the numbers are simple square root relationship to other numbers on the circle. Calculations of the root, you can put a starting point the opening day to see the geometric relationships. Just put a line of 0 °, so that she was on the study costs. For example, if the market was opening day at 1.33365.
Now we can quickly compute the other numbers that are squares (90 ° and 270 °), triads (120 ° and 240 °), polukvadratami (45 °, 315 °), sextile (60 ° and 330 °), etc. These "pressure points" can be mathematically calculated using simple addition or subtraction from the square root of price. Calculate what the geometric relationships are as square root of the increment, we simply divide the number by 180, as will be discussed further. The numbers of such calculations are more important as levels of support or resistance.
45 ° = 45/180 = 0,25 225 ° = 225/180 = 1,25
60 ° = 60/180 = 0,333 240 ° = 240/180 = 1,333
90 ° = 90/180 = 0,5 270 ° = 270/180 = 1,50
120 ° = 120/180 = 0,666 300 ° = 300/180 = 1,666
135 ° = 135/180 = 0,75 315 ° = 315/180 = 1,75
180 ° = 180/180 = 1,0 360 ° = 360/180 = 2,0
Taking our example of 1.33365, we first would consider that price as the number 133365, when we move the comma on prices, making all the prices, or three-or four-five-digit integers. We simply calculate the square root of 133,365, and add the increment, above, to this number and squaring.
We have to determine the levels of resistance. The same calculation would be correct if we would have had him with bringing up a third sign, because is calculated by the square of the Nine.
Thus is the price or circular degree of importance to the support or resistance.
The graph shows how the price is looking for support or resistance.
Calculation of target prices for the support and resistance is a very simple task.
Square of Nine is such that the numbers are simple square root relationship to other numbers on the circle. Calculations of the root, you can put a starting point the opening day to see the geometric relationships. Just put a line of 0 °, so that she was on the study costs. For example, if the market was opening day at 1.33365.
Now we can quickly compute the other numbers that are squares (90 ° and 270 °), triads (120 ° and 240 °), polukvadratami (45 °, 315 °), sextile (60 ° and 330 °), etc. These "pressure points" can be mathematically calculated using simple addition or subtraction from the square root of price. Calculate what the geometric relationships are as square root of the increment, we simply divide the number by 180, as will be discussed further. The numbers of such calculations are more important as levels of support or resistance.
45 ° = 45/180 = 0,25 225 ° = 225/180 = 1,25
60 ° = 60/180 = 0,333 240 ° = 240/180 = 1,333
90 ° = 90/180 = 0,5 270 ° = 270/180 = 1,50
120 ° = 120/180 = 0,666 300 ° = 300/180 = 1,666
135 ° = 135/180 = 0,75 315 ° = 315/180 = 1,75
180 ° = 180/180 = 1,0 360 ° = 360/180 = 2,0
Taking our example of 1.33365, we first would consider that price as the number 133365, when we move the comma on prices, making all the prices, or three-or four-five-digit integers. We simply calculate the square root of 133,365, and add the increment, above, to this number and squaring.
We have to determine the levels of resistance. The same calculation would be correct if we would have had him with bringing up a third sign, because is calculated by the square of the Nine.
Thus is the price or circular degree of importance to the support or resistance.
The graph shows how the price is looking for support or resistance.
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Gann Levels.mq4
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