TRADER'S CORNER

Fizman wrote: »

Another incredible day in DAX land. 350 points bottom to top.

Think that trend will continue tomorrow after a possible initial fade.

Out of interest, are you trading the DAX for long?

Can you give us a reason why you think that? I'm not agreeing/disagreeing with you, just curious.

Commodities: CFTC Commitment of Traders Report - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitments of Traders Report for commodities for the week ending Tuesday, May 12th.

Key Quotes:

"Gold specs turned further into building net length hoping that US data would continue to disappoint, and drive Fed hike expectations further out."

"Despite weakening industrial demand prospects, silver specs took cues from strengthening gold demand and cut short positions."

"Platinum investors positioned net short as prices slid down amid moderating prices and demand concerns."

"Specs also moved their palladium positions toward the shorts as Chinese economic data disappointed."

"Copper specs increased their long exposure aggressively on the hope improving global demand and labour strife will tighten the market."

"Crude oil specs were mixed as WTI investors cut long positions more than shorts on shifting sentiment, while Brent investors added to long positions and decreased shorts."

"Three consecutive weeks of smaller-than-consensus injections prompted natural gas specs to heavily increase long positions."

"Gasoline and heating oil positions were little changed as inventories decreased, but remain healthy."
21:41 - FXStreet


CFTC Commitments of Traders Report -TDS
FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitments of Traders Report for the week ending Tuesday, May 12th.

"Evidence of the market’s waning conviction on the persistence of the USD bull trend is evident in the CFTC data for the week through May 12th. Positioning data reflected a further reduction in the IMM spec market’s overall bullish bet on the USD, with aggregate, implied USD position accumulated across the major currencies slipping to USD29.9bn this week, the smallest total long punt on the USD effectively since August last year."

"Net EUR shorts were trimmed 11k contracts this week to –179k in total, the smallest bear position net in the EUR since early March. Net short JPY positions fell 7.5k contracts in total to –23.5k in the latest week; net short JPY positions have increased a little in the past two weeks from the level seen prevailing at the end of April but positioning in the JPY overall remains extremely overall—a reflection perhaps of the limited movement (and sliding vol) seen in spot. Net CHF longs doubled this week, rising 5k contracts to +10k."

"One surprise in the data is the fact that speculative and CTA accounts opted to—correctly—fade the GBP’s post election rally. Net GBP shorts rose 6k contracts in the week through Tuesday, just days after the Tories’ surprising election victory."

"Commodity currency positioning was mixed; investors boosted net AUD longs modestly (and from relatively flat levels), taking the market’s net long AUD position to +4.4k, from just +626 contracts in the prior week. Net NZD longs were cut quite sharply in the week, however, falling to +1.7k in the week (from +9k prior). The CAD saw decent net short-covering over the week, with the net market position falling from –10k contracts to –3.9k this week, the smallest bear bet on the CAD since October."
21:35 - FXStreet

fundjanitor wrote: »

Hi guys,

Quick question is see alot of you actually purchased individual stock and i'm wondering how do you go about this?

I have been investing via managed funds through Rabo Direct and Zurich for the past 3 years( 21 years old ) and i'm wondering how do i go about actually purchasing individual stock in a company as apposed to having to purchase via funds/packages etc


Any advice is very much appreciated


Cheers

You need to find a broker for yourself, loads of threads on boards about it.

If you pull up a daily chart of the DAX, and draw trend lines from it recent peak, you will see its in a downwards channel. Its currently at the top end of the channel, with 20 ema and 50 ema sitting just above the channel. For me a daily close above all three would be positive, but the DAX been the DAX I would precede with caution. Failure to break above the upper channel might suggest a visit back to the lower channel line.


Does anyone have any suggestions of a free interactive charting service, that we can all work off to post technical ideas.
If so I will post the idea on the chart.

EDIT
Closed above the channel and 20 ema, it went up and kissed the 50 ema( closed 10points or so off it). Technicals primed, it's about the fundamentals now! Next day or two could show the way.

FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitment of Traders Report for the week ending May 19th, 2015.

Key Quotes:

"Gold specs were quick to shift shorts into longs, as weak US data pushed prices above the $1,225/oz top of range."

"Silver specs were also quick to follow suit, cutting large levels of short positioning."

"Platinum specs saw growth in European auto sales as a signal to trim shorts even further."

"Palladium specs added slightly to shorts, perhaps playing the spread with platinum, as China/US auto sales have lagged Europe growth."

"Copper specs slightly adjusted positions but remained net long, as seeds of China growth return."
21:47 - FXStreet

FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitments of Traders Report for week ending Tuesday, May 19th.

Key Quotes:

"A reduction in USD bull bets continued for another week in the CFTC data through May 19th. Aggregate implied USD positions eased to USD27.0bn from nearly USD30bn in the prior week, which is the lowest level since August 2014."

"Not surprisingly, the reduction on USD longs came off the back of pared net EUR shorts of about 10.6k contracts to –168k but is likely only temporary given the 4-big figure move lower since Tuesday. Similarly, net GBP shorts were pared back this week by 7.4k contracts to –23.4k. Notwithstanding last week’s move, the trend in the latter has been for a gradual short cover as markets should focus on improving macro fundamentals and prospects of a BoE hike early next year rather than EU referendum concerns (which we think are overstated)."

"The most interesting development in the CFTC report however, was that Canada has recorded its first net long position since September of last year, and stand at 4.3k contracts an increase of 8.3k from the previous week. The change in positions was largely observed within the leverage fund community. But as we noted here, we advocate long USDCAD positions as we think the BoC is overstating growth prospects in the second half of the year."

"A similar dynamic occurred in the AUD where net longs grew by 2.8k contracts to 7.3k, the largest since September of last year. Meanwhile, traders are now small net short the NZD at –2.2k."

"Net JPY shorts were little changed as traders pared back their positions by 1.6k contracts to –22k. Net MXN shorts were increased by 4.3k contracts to –31.3k in 23k contracts this week to –27k, but this is a relatively modest amount given the amount of volatility in positions observed over recent weeks."
21:21 - FXStreet

Analysts at TD Securities offered the CFTC Commitment of Traders Report for the week ending May 19th, 2015.

Key Quotes:

"Crude oil specs dismissed three consecutive weeks of US inventory withdraws and focused on the global over-supply narrative, increasing long WTI contract positions more so than shorts."

"Natural gas specs increased long positions and reduced short positions contrary to large inventory injections and historically average storage levels."

"Gasoline and heating oil specs followed changes inventories reducing net long exposure in the former and reducing net short exposure in the latter."
22:05 - FXStreet

I see the dollar index is floating around the 96.39 level that I mentioned on the "dollar" thread and the Euro is in or around the same level it was at the time also(11035 was the high that day) This time around they coming from the opposite direction. Quite day today with UK and US holiday's, so next few days should let us know if the dollar bull is back.
Thoughts?

FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitments of Traders Report - week ending Tuesday, May 26th for the FX market.

Key Quotes:

"IMM data show speculative and CTA accounts boosting their aggregate exposure to the long USD trade this week by a little less than USD4.5 bn overall as far as exposure to the major currencies is concerned. This is the first rise in aggregate USD long positioning (to a total of USD31.4bn) since late March but—for once—the driver of the positioning change was not the EUR."

"Net JPY shorts nearly tripled in total this week as the JPY slid sharply (spot USD/JPY rose above 122 Tuesday, the last day of the reporting period). Investors and speculators lifted net JPY shorts from –22k in the May 19th week to a total of –62k, in what amounts to the biggest bet against the JPY since February."

"Net EUR shorts were little changed on the week at –171k (from –168k), ditto for net GBP shorts (-25.5k contracts from –23.3k) and net CHF longs (+8.3k from +9.4k)."

"Positioning in the commodity currencies remains quite flat overall."

"Net AUD longs eased modestly (+6.4k this week) and specs continued to build net CAD longs (a little surprising in the face of a 1.5% loss in the CAD over the reporting week) to the point that the modest +7.3k position represents the biggest bull bet on the CAD since September."

"Net NZD shorts positions doubled to –5k this week and, considering the Kiwi’s awful performance this week, should grow more.
21:38 - FXStreet
FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitment of Traders Report for the Week Ending May 26th, 2015 for metals & petroleum products.

Key Quotes:

"Metals:

Specs aggressively cut their long exposure and beefed up short gold position, as prices trended lower amid perceptions the Fed is ready to tighten.

In sharp contrast, silver investors positioned modestly net long as price approached technical support levels.

Negative sentiment radiating from London, reduced deficit estimates, and demand concerns prompted specs to increase platinum short exposure.

Perceived more favourable fundamentals convinced investors to cover their short palladium exposure and increase longs.

Copper specs aggressively reduced their net long holdings, as the US dollar rose and China economic data pointed to lackluster demand for the time being.

Petroleum products:

WTI crude oil investors recently edged modestly bullish while reducing open interest, as short positions were decreased more than long positions, ahead of the upcoming OPEC meeting."

Natural gas sentiment turned significantly bearish, flipping from slightly long to net short exposure, as outsized storage injections weighed on the market during the low weather-demand shoulder season.

"Petroleum product markets soured, reducing long net positions and increasing net short positions for gasoline and heating oil, respectively. This was contrary to record implied gasoline demand reported in the most recent EIA report."
22:25 - FXStreet

Same as, had a great week also.I Will sit and watch the spike for the first five minutes or so and if some of my levels come in, I might get involved, All depends what way the data comes out.

Have a good one!

FXStreet (Guatemala) - Analysts at TD Securities offered findings for the CFTC Commitments of Traders Report - Week Ending Tuesday, June 2nd.

Key Quotes:

"IMM data continue to show an increase in USD positions with aggregate exposure totalling an estimated USD36.4bn—a rise of USD5bn from last week. The increase came mostly at the expense of the JPY and AUD. Net JPY shorts grew for a second consecutive week by 23.5k contracts to –85.7k with another significant shift by leveraged accounts. Net JPY shorts are now at its lowest level since the start of the year and it raises the risk that we could see a material break higher in USD/JPY towards 127 and possibly even 135."

"There was a significant shift in positioning in the AUD where there was a near 20k contract swing from net longs last week to net AUD short of –13.3k contracts. The shift can probably be tied to positioning ahead of the June 2nd RBA meeting where investors looking for an easing bias were on the wrong end of this trade. Instead, AUD/NZD longs look appealing ahead of next week’s RBNZ meeting where we expect a dovish tone to emerge. Indeed, net NZD shorts grew to –10.5k contracts from –5.1k, which is the largest on record."

"Elsewhere, investors returned to a net CAD short position after a two week hiatus with a swing of 8.4k contracts to –1.0k. Thematically, we continue to like short CAD positions. In MXN, net shorts grew to –45k (from –32.5k)."

"Positioning in GBP and CHF remained unchanged at –25.7k and +8.4k respectively."
21:08 GMT - FXStreet
FXStreet (Guatemala) - Analysts at TD Securities offered findings for the CFTC Commitments of Traders Report - Week Ending Tuesday, June 2nd.

"Gold investors played both sides of exposure, growing longs and shorts in roughly equally measure. The longs saw the gold market as ripe for a move higher, while the shorts were focusing on Fed rate hike risks."

"Silver specs increased short exposure by cutting longs and growing shorts, as price entered technically dangerous territory at time the dollar was strengthening, demand was in doubt and rates looked set to move higher.

"Platinum specs build further record short positioning, as European auto sales took a breather in May."

"Palladiums specs built more shorts taking greater cues from Fed tightening expectations rather than the new highs in US auto sales."

"A lack of China news/data and Greek default concerns, along with OPEC risk, saw base metals encounter a pullback—copper longs covered."

"WTI specs increased net long crude oil exposure into the OPEC meeting at the end of this week, adding to long positions and cutting shorts, in the hopes that the group would cut their quota."

"Large storage injections have prompted natural gas specs to heavily add to short positions."

"Gasoline specs followed WTI by adding long positions and cutting shorts, while investors short heating oil took profits before inventories swelled last week."
22:03 GMT - FXStreet

Analysts at TD Securities noted the CFTC Commitments of Traders Report Week Ending Tuesday, June 23rd.

Key Quotes:

"After a two weeks of consolidation, IMM-based speculators and investors lifted their overall bullish bet on the USD again in the June 23rd week, taking the aggregate bet on the USD against the major currencies back to USD27.9bn, according to our calculations (from USD26.2bn in the prior week’s data).

Normal service has been resumed, with the EUR accounting for the bulk of the positioning change this week. Investors lifted the net short bet on the EUR by almost exactly 10k contracts to –99k, worth a little more than USD 1 bn in the overall positioning change.

Net short JPY positions rose to –87.7k contracts (from –80k) while net long CHF positions rose modestly to +7k (from +5.3k) this week. Despite rising Greece uncertainties, there was no obviously strong demand for safe havens through Tuesday, it would appear. Net GBP shorts were trimmed modestly (-22k contracts, from –25k in the June 1th week).

In the commodity bloc, investors continued to build a large net short NZD position (-13.5k contracts—sizable for this market) and more than doubled net short AUD positions to –9k contracts. Net short CAD positions were lifted to –17.5k contracts this week, from –12.2k. Net short MXN positions were halved to –27.8k, taking risk here back to early May levels."
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