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Euro rose the most in eight months against the Dollar, Btrader

admin — Tue, 25 May 2010 03:18:02 +0000

The Euro rose the most in eight months against the Dollar last week, as rumors circulated that central banks were out buying the currency. The single currency’s unexpected rise partially fueled by Germany’s recent legislation to ban naked short selling in select financial stocks and Euro denominated instrument. This “ban” will make it more difficult for traders to sell European securities, thus limiting selling pressure on the Euro.

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On Thursday, the Euro jumped a remarkable 1.5% against the USD, its largest five day gain since September – pushing the currency the pair to cross above the 1.2500 mark. This unexpected increase comes only a few days after the single currency plunged to a new four year low of $1.2145.
Currently, it remains unknown whether this rally will continue. In the coming days, traders will want to see other Euro Zone nations join Germany in its recent “trade bans”.

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MetaTrader 4 platform – you can also trade Gold & Silver

admin — Tue, 23 Feb 2010 17:06:25 +0000

Why trade Metals? It’s simple – unlike other investment opportunities, trading Gold and Silver is not only extremely profitable, but it guarantees the trader an ideal amount of security.

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BTrader.com is happy to announce that as of today, not only can you trade Forex with our MetaTrader 4 platform – you can also trade Gold & Silver.

Here are Some of the features and benefits of trading Gold and Silver with BTrader:

- Fractional lot sizes. Clients can trade 1.2 lot, or any other amount above 0.1
- Low Margin requirements 4% (leverage 1:25)
- Active Position Management (No FIFO/LIFO Limitations, or netting)
- Hedging capability. Traders can open positions in the same currency in opposite directions, without the positions offsetting and without using additional margin
- Active Position Management (No FIFO/LIFO Limitations, or netting)
- Instant execution straight through, and No requites, up to 20 lots of gold or silver

Silver-USD (XAG/USD)

Lot size= 250 ounce
Min trade 0.1 lot= 25 ounce
Stop distance at 50 points

Gold-USD (XAU/USD)

Lot size= 100 ounce
Min trade 0.1 lot= 10 ounce
Stop distance at 100 points

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Get a $250 BTrader Holiday Bonus

admin — Tue, 22 Dec 2009 14:21:17 +0000

Christmas is almost here, and we at BTrader would like to offer you the best of Forex gifts for the best of Forex traders. As BTrader.com is the leading online provider of Forex trading, we work hard to help our customers succeed, and as so we are also giving you money to help increase your profits on the same trade.

Get a $250 Holiday Bonus on your deposit of $1,000 or more

We would like to thank you for your patronage and wish you the happiest of Holiday seasons and enjoy the gift .

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That’s right, get a $250 bonus after your deposit between December 1st and December 31st, as a New Years and holiday gift and trade Forex on us. Using the best that trading technology has to offer, BTrader.com gives you the opportunity to succeed.

Forex Analysis 21.12.2009

admin — Mon, 21 Dec 2009 12:14:13 +0000

What’s in store this week?
This week is one of the shortest in terms of economic data reporting so look for it to be quite slow and uneventful, unless some country has a major crises. The next two weeks of trading for that matter are going to feature very thin liquidity as they contain the Christmas and New Years holidays. Sometimes these days transpire very quietly, but there are plenty of examples of very exaggerated moves, especially in the week between Christmas and the New Year, so be careful out there as always.

USD
As the end of the year approaches, investors who sold off the Dollar during the year seem to be returning with a fury. The Dollar rose, albeit slightly on Friday, hitting eight month highs against the Euro and capping a good week overall for the USD. Investors who shorted the Dollar earlier in the year and helped it fall for most of it was now buying it back, locking in profits before the new tax year began. The week was highlighted by the Federal Reserve’s promise on Wednesday night to wind down its quantitative easing policy by February of 2010, and while it was far from the interest rate hike investors wanted, it was a sign that things are rebounding and gave traders hope for the New Year.

At the close, the Dollar traded up .11% to the Euro to 1.4335, up .23% against the Japanese Yen to 90.45, up .09% versus the British Pound Sterling to 1.6158, up .08% against the Australian Dollar to .8905 and up .11% to the Kiwi to .7114. The Dollar did fall by .98% to the Canadian Dollar to 1.0665 and .66% versus the Swiss Franc to 1.0424.

EUR/JPY
A massive reversal from an attempt at the lows as the market at first ran stops and then rallied on the Bank of Japan’s new determined deflation-fighting stance. The moves in interest rate spreads do not support the rally – so it will be interesting to see if JPY crosses can continue to rally on JPY-negative sentiment or some inscrutable new theme. In any case, Friday’s candlestick on the daily charts looks like an impressive bullish reversal and draws an emphatic line in the sand on the chart.