Analysts at Barclays Capital Securities believe that the events of the last week have increased the need to raise the interest rate the Bank of Russia. Friday’s sell-ruble further increase inflationary pressures. According to experts, the Bank of Russia will decide to raise interest rates by 50 basis points to 8.5%. There is a small risk that the increase will be more than 50 basis points. If the political tension will not go on the decline, during the 4th quarter of the Central Bank of Russia will raise the rate again. Inflation prospects against the background of almost 10 per cent fall of the ruble in July remained negative. Announcement new sanctions from the European Union and the United States, is expected to lead to a further decline of the Russian currency. Introduced in early August by the Russian retaliatory ban on the import of certain products is not yet fully taken into account in the prices and will be more visible in terms of inflation in the coming months. Source: Forexpf.Ru – Forex Market News
Barclays Capital recommends to consider the possibility of the euro / pound sale
For investors, the following tactical considerations in trade, should this week to sell the euro / pound, according to Barclays Capital. Now, when the Scottish referendum is behind us, market participants once again focus their attention on economic data and comparative forecast further ECB / Bank of England’s action, which speaks in favor of a further decrease in pair. From a technical standpoint, the consolidation of the last two months allowed to go down, and it happened under the prevailing medium and long-term downtrend. The immediate goal is yearly lows around stg0.7755 and area stg0.7700. In the future, the pair may well come down to the highs of 2003 stg0.7250, and only a break above stg0.8140 can give a signal that the total domination of bears coming to kontsu.Istochnik: Forexpf.Ru – Forex Market News
Oil prices were marked by rapid growth after as market participants started to converge in opinion, that the negative impact
on the refining of “Harvey” hurricane turned excessively
overpriced. In the morning we received information that about
20% of the refining capacity is stopped. However, today
data began to arrive that refineries in Corpus Christi
return to work on Friday. Continued on site GK FOREX CLUB
This indicator analyzes the Delta tick volume. It tracks up and down tics and calculates based on them tick volume for purchases and sales (separately), as well as their difference. Furthermore, it outputs volumes by clusters (cells) within said period prices bars. VolumeDeltaM1 was created in addition to the indicator VolumeDelta, which uses the same algorithm, but does not handle the tick and therefore can not be used on the M1. VolumeDelta can display data on any story, because he reads the volume of the M1, and converts them to higher timeframes and VolumeDeltaM1 collects showgirl ticks online at M1 and can display their data only for those orezkov where ticks were collected and stored in special files (one file per day).
The indicator can be operated on the higher timeframes, reading the data collected on the M1. It performs only reading from a file and write to the file new ticks still need a copy of the indicator on the M1.
It is limited in its capabilities replacement market analysis of the delta, which has traditionally been based on actual volumes, but they are not available in the Forex market.
LED displays graphs of the following data in its pane:
light blue histogram – volume purchases;
Orange histogram – sales;
light green histogram – the difference between buying and selling;
Green Line – the cumulative delta smoothed EMA of the difference; it increased CumulativePeriod time to maintain approximately equal scale histograms;
blue and red arrows – mark those bars, in which the direction counter to the direction of the delta volume prices that may signal a short-term trading on the next bar.
Also, the indicator displays in the main window of the split table volumes for the last CumulativePeriod bars. The table rows correspond to clusters prices. The table contains the following columns:
price (range from the specified value until the next top);
volume of sales;
delta between purchases and sales (positive – blue, negative – red);
the volume of purchases;
total (with values near maximum cell lit in green).
FileNamePrefix – prefix in the filename with the statistics of ticks; the name of the file has the structure: VDM1 [T | P] -Prefix-Symbol-YYYYMMDD.csv; default – empty; T or P mode is used Mode (see below);
Mode – ticks or pips; ticks in the mode are calculated only the number of price changes, the size of each mode pips in paragraphs change is taken into account;
TesterReadOnlineData – false means working in the tester is similar to online reservations; if true, the indicator reads data from existing csv-files that should be copied to the tester / files of MQL4 / Files; This mode allows you to see the actual data in the tester; Caution: 0-bar is always translated at the generated ticks, but at the moment when he becomes the first given to him read from the file;
PointsPerCell – number of items in a single cluster prices; each cluster appears as a separate line in the table split the volumes (a kind of analogue tape “Time and Sales”);
CumulativePeriod – period calculating cumulative delta, EMA;
ShowTable – enables / disables the output cluster table;
ShowMark – enables / disables the output of price labels for clusters with a maximum total capacity (green) and a maximum delta (yellow);
ShowAskBidInTable – It turns on / off the backlight of rows of the table corresponding to the current prices and Ask Bid;
Corner – corner of the main window, where the table will be displayed; 1 – upper right; 0 – upper left; 2 – bottom left; 3 – bottom right;
CellWidth – width table cells;
CellHeight – height of table cells;
ColorBG – background color of the table;
FontSize – font size table;
Method – switch method of categorization of ticks; If the value ask_versus_bid amounts related to the purchase by increasing the ask price and the sale – with a decrease in bid prices. On some accounts changing bid prices are broadcast more frequently than the ask, in connection with which there is a downward shift. possible to solve this problem, select the option ask_and_bid, in which analyzes the changes and ask the amount bid.
Acceptable timeframes: M1 (full-featured mode), M5 and higher (data reading from M1).
When signals provider must take into account many factors – basically all look first on profitability – although I think that this figure should be in the first place – but still in the forefront.
The first thing you need to pay attention – as it accounts for stability – the fact is with the pace at which growth of the balance sheet and assets, the second – the lifetime account – ie, as provider of trading and a number of transactions – this will help to better understand in what time intervals are deal – well, do not forget about the profitability and subsidence (subsidence can not see if the increase in funds held by smooth pace – and so it is clear that they will be small).
Among the suppliers of signals found only two people who have the optimal ratio of quality and cost, as well as meet the strict eligibility requirements.
Here at once it can be seen visually as a growing balance – the main thing that he grew up without strong declines – but sometimes it happens that the balance is growing slowly but the means – with large drawdowns (often this happens with bots Martingale) – but our two providers and agents grow also without significant downturns. In this you can be sure when you go into the statistics of our providers.
It is a pity of course that MT5 is gaining popularity and all I found two people that give high-quality signals on this platform.
When choosing a provider to consider the factors:
Account type – considering only real accounts
Term of accounts – should be more than 3 months, preferably for more than 6 months
four-hour graph. Tenkan-sen line is above the Kijun-sen, both of which are horizontal. Chinkou Span line is located above the price chart, current
cloud – upward. The pair continues the upward movement with almost no corrections. The closest
Support level is Tenkan-sen line (1.5403). The estimated level of resistance – one of
maxima previous line Chinkou Span (1.5583).
On the daily chart
Tenkan-sen line also is above Kijun-sen, both lines are directed upwards. Line
Span crossed the price chart from the bottom up,
current cloud is still descending. The pair entered the cloud and is committed to its
upper boundary (1.5597). The lower limit of the cloud is the nearest support
four-hour graph. Tenkan-sen line crossed Kijun-sen from the bottom up to form the signal to
purchase. However, the rising momentum and steam was insufficient failed
reach the clouds rolled back to the level of Kijun-sen
Chinkou Span line follows the price chart, current
cloud – downward. The main resistance level is the lower bound
On the daily chart
line Tenkan-sen and Kijun-sen under the graph merged and formed a strong resistance level for price (0.7400). Chinkou Span line follows the price chart, current
cloud – downward. The nearest support level is at least the previous
line Chinkou Span (0.7277).
Resistance: 0.7400, 0.7442.
charts aggregate indicator line indicates the uncertainty of the market and
no trend. In this case, it is recommended to put pending positions:
for purchase – from the level of 0.7370 with the first
the purpose of 0.7400, for sale – from the level of 0.7300 with the aim of 0.7250.
For the manipulation of the Forex market will be fined 5 largest banks in the world
US and UK authorities have taken
decision to impose a fine on five
the world’s largest banks. JPMorgan
Chase Co., Citigroup Inc., Barclays Plc, Royal Bank of Scotland
(RBS) and UBS AG will be forced to
to pay more than $ 5 billion for
manipulation of the International Monetary Forex market. All
these banks, in addition to UBS AG,
pleaded guilty to
criminal charges against
US regulators. The greatest
the amount of the charge against
ultimately it will be the largest payout: Bank parted with about two
billions of dollars.
AG earned a partial
immunity from the US Department of Justice, because of
he played the role of an informant of the story.
I had to admit
manipulation of interbank rates
Compared with Barclays, its
payments will be purely symbolic:
Ministry of Justice of the United States and 342 million – at the Fed.
Events associated with Greece overshadowed economic data in the US. Meanwhile, the dollar is strengthening its position against its main competitors and demonstrates a very positive macroeconomic statistics. Against this backdrop, the Fed may begin monetary tightening cycle and raise interest rates in September and spend it aggressively. In addition, in any case scenario, with Greece the most important factor in the prospects of the euro and the dollar remains a divergence of monetary policy of the Fed and the ECB, in which the interest rate for the dollar in the near future will begin to rise and the ECB will maintain extremely low rates of more quite a long time. Thus, in the medium term, the pressure on the euro will continue, and the downward trend of the single currency against the US dollar will continue. Based on the above factors, our forecast for the next week expect – a reversal of the single European currency and short-term decrease in pair in the 1.1070 price zone? 1.1035, and then – the resumption of the upward movement of the pair to the price levels: 1.12; 1.1237; 1.1267; 1.13; 1.1350; 1.1385; 1.14; 1.1435 or higher, in the direction of the next key resistance level of 1.15. In this zone the forward turn couples to a downward correction. At the same time we continue to monitor the level of support at 1.1035 the uptrend line. If the sellers of the single European currency will be able to overcome the defense of the “bulls” on the level of this support and consolidate below it, a pair of exchange rate will continue to decline towards the key levels – 1.10 and 1.09.
Indicator Scalping formula free in the free version of the indicator is only one tool FEES. Suitable for players of stock and forex players are not redrawn automatically builds support and resistance levels, draw arrows to the input on the rules for the purchase of 4 and 4 of the rules on the sale. The basic idea of the indicator lies in the fact that it shows strong levels of support and resistance possible points repulsed or penetration levels. You can easily find “bed” (Iceberg-large bid in the drive), hearing the beep.
Description of rules for entry in the position of buying and selling:
rule No. 1 for entry into a long – Typically №1 input in Long (candle body and tails do not penetrate level)
rule No. 2 for entry into a long – Typically №2 input in Long (breaking and closing under level)
rule No. 3 for entry into a long – Typically №3 the entrance to Long (breaking and closing above the level)
rule No. 4 for entry into a long – Typically №4 input in Long (resistance becomes support breakout candle is closed above the level)
rule No. 1 for entry into a short – Typically №1 input at shortstop (candle body and tails are not sewn level)
rule No. 2 for entry into a short – Typically №2 input to the short (under breaking and closing level)
rule No. 3 for entry into a short – Typically №3 at the entrance to the short (breaking and closing above the level)
rule No. 4 for entry into a short – Typically №4 input at shortstop (resistance becomes support breakout candle is closed above the level)
allert – sound signal
distance – the distance between the arrow and the bar