1st Capital Options

16/10/2017

US earnings season is underway with Netflix reporting results this evening.

US Indices gained the losses of earlier today.

Traders may wish to watch potential support levels on pull backs as short term buying opportunities.

Short term levels continue to be respected and offer some opportunity for traders wishing to capitalise.

12/10/2017

Dimon’s diamond insights no more...?

12/10/2017

Do you feel that your position is too small when winning & too big when losing?

A professional trader accepts this and remains detached from size.

11/10/2017

It is suggested Traders watch the 112.568-72 levels as a retest of short term resistance which was reached today after the FOMC news release for potential trading opportunities.

Traders are also requested to be mindful of the fact that the Dollar Index (DXY) has retested September/October lows after the announcement.

Will a retest afford opportunity to trade short term?

11/10/2017

USDJPY holds 112, just, and sees some upward movement attempt today respecting support.

Pre FOMC as per the chart below.

Traders may wish to refer to the analysis in readiness for placing any high probability trades upon clarity of the announcement.

The Hawks are slightly outmanoeuvring the Doves - by 2 in fact -, and the issue of poor data is also a factor to be taken into account in expecting any hints on a potential December hike.

06/10/2017

NFP - first negative print since 2011. Markets shrug it off as wage growth and unemployment figures print positive. All adding to the impetus for a potential December rate hike!

Will the USDJPY continue its ascent above the break of monthly highs?

20/09/2017

U.S. stock index futures were flat this morning as traders appeared to adopt a wait-and-see approach ahead of monetary policy guidance from the Federal Reserve. On Tuesday, the Dow posted its 41st record close of the year. The S&P and Nasdaq also notched record closes.

Many market participants believe the U.S. central bank will announce the unwinding of its $4.5 trillion portfolio. It amassed most of its massive balance sheet as it tried to bring the economy back to life following the financial crisis. An interest rate hike is not expected until December.

Above courtesy of CNBC.

I believe it's probably unrealistic to rely on punditry "expectations"

As with the BOE last week, although no change may be anticipated, the stance may nevertheless be hawkish.

Central Banks plays are on the books in my view!

Ensure your entries are well placed!

13/09/2017

12/09/2017

Inflation prints at just below The Bank of England's target.

GBP/USD rallies.

Are the bulls running ahead and capitalising in advance and anticipation of there being no change in policy on Thursday?

12/09/2017

US Indices tested Resistance on open. The Nasdaq fell although respected previous support.

Will the Resistance levels be retested?

07/09/2017

Draghi defers Tapering, Inflation targets readjusted, Euro/Usd hits new highs....will the continued dollar weakness assist any further moves up?

04/09/2017

Feel that you are getting rich, and that in so doing you are making others rich, and conferring benefits on all.

Wallace Wattles