Posts Tagged ‘ati’
STOCKS NEWS THAILAND-Krungsri ups Bumrungrad Hospital target price
Fri May 18, 2012 2:45am EDT Krungsri Securities raised its target price on hospital firm Bumrungrad Hospital Pcl to 66 baht ($2.10) from 48.2 baht ($1.53) and maintained its “hold” rating, citing strong earnings for the January-March quarter and the company’s full-year forecast upgrade. Bumrungrad shares were up 0.8 percent at 61.75 baht ($1.96), bucking the broader market, which fell 2.03 percent
EUR/USD Classical Technical Report 05.18
EUR/USD : The market remains under intense pressure and the focus for now is squarely on a retest of the 2012 lows from January at 1.2625. While we would not rule out a possibility of a test of this level over the coming sessions, short-term technical studies are well oversold and are showing a need for some form of a corrective bounce from where a fresh lower top is sought out
S&P 500 Sinks Toward 1300 Figure as US Dollar Probes Higher
THE TAKEAWAY : The S&P 500 cleared key support and sellers now aim below the 1300 figure while the US Dollar attempts to extend its breakneck rally to new seven-month highs. S&P 500 – Prices took out support at 1313.00, the 50% Fibonacci retracement level, with sellers now aiming past the 1300 figure for the 61.8% boundary at 1286.60
A Personal Trading Strategy
While I occasionally trade from the Daily chart, primarily I use it to determine the trend of the pair. Once I have identified the pair that I feel has the strongest trend based on the Daily chart, I will usually enter on a 4 hour or 1 hour chart…whichever time frame best optimizes my entry. Here’s what I am looking for chart by chart …
USD Falls as Leading Indicators and Philly Fed Index Unexpectedly Plummeted
THE TAKEAWAY: U.S Leading Indicators Fell 0.1% in April; Philadelphia Index Declined to Minus 5.8 in May > Deterioration in Labor and Housing Condition > USD Falls The results of the Philadelphia Federal Reserve’s manufacturing survey and the U.S. Leading economic indicators index for April released at 10:00 EST today both missed consensus forecast, pointing to slow growth in the world’s largest economy towards the middle of the year Leading indicators The U.S. Leading Economic Indicator, a gauge of the economic outlook for the next three to six months, unexpectedly declined for the first time in seven months in April over deterioration in labor and housing markets
