Top Tiql Tips: your weekly market guide (8th to 12th Jan)

Here’s to a new year of trading in 2018

To help you to earn more with TIQL we’re sending you this free guide to the markets and highlighting some dates to watch this week. Economic news and announcements cause financial markets to move a lot, and may provide some opportunities to trade.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL.
USD: PPI & CPI
The Producer Price Index (PPI) (Thursday 11th January 1.30pm GMT) has been stable at 0.4% for three months. The Consumer Price Index (CPI) (Friday 12th January 1.30pm GMT) has been rather more volatile with no clear trend for many years.

Both data impact how the markets view USD because of their connection to the domestic economy, which is the key factor in USD value. PPI impacts inflation and it’s interesting to note recent news, according to the FT, that market investors are currently choosing funds that protect against inflation. The target rate of 2% inflation is close to how things stand so the forecast seems reasonably steady for Federal Reserve Bank’s new Chair, Powell, when he starts next month.

We are sure Powell will be keeping a close eye on the less-predictable CPI due the Reserve Bank’s mandate to contain inflation. A low figure this week will probably be seen by most as a good result.

Oil: politics affects prices
This week Crude Oil Inventories (Wednesday 10th January 3.30pm GMT) is likely to see another drop but what that does to USD remains to be seen.

In 2017 OPEC worked hard to manipulate the price of oil by agreeing to reduce production levels. Other like-minded oil producers, such as Russia, joined them. Stock levels were high for a long time and prices didn’t recover as well as they’d have liked leading to a change in how things work in Saudi Arabia. This hit the news last week as 11 Saudi princes were arrested for demonstrating against their newly imposed utility bills. Life is so hard as a modern Middle East prince. So hard.

There are mixed views on whether oil production overall will rise this year and that is a determining factor in price. To ensure its arms sales to the Middle East go smoothly, Russia is unlikely to renege on its deal with OPEC. Other oil-producing countries face war, poor infrastructure and natural declines in production leading some to declare supplies will fall and prices will increase.

On the other hand, the US has not been working with OPEC to reduce output and shale production is on the rise boosting US oil inventories. Trump’s America First policy means it is likely to push forward with production and that could keep prices low. This would be good news for US domestic gas guzzlers as well as manufacturers in the heartland of Trump’s power base. In an election year, he is sure to have this in mind.

GBP: Manufacturing Production monthly
Post-Brexit Britain has been on a bumpy economic ride. Confusion over what Brexit actually means and posturing in the EU negotiations has resulted in nervous markets. While UK unemployment is at its lowest for 40 years, productivity appears so subdued that the Bank of England raised rates in November for the first time in a decade.

It would be fair to say that the UK has been the slowest to recover from the crash of 2008 of all the advanced economies. This week Manufacturing Production monthly (Wednesday 10th January 9.30am GMT) will shed light on progress. If the Brits start making more and selling more both domestically and internationally, some of those jitters might calm down. And for the last 3 months manufacturing production has been rising nicely. Maybe the EU market isn’t such a big deal?

Only joking – news that broke on 7th January 2018 suggested UK importers may face massive increases in upfront cost increases. And it’s a shame then that analysts saw December’s Manufacturing Production monthly figure of 0.7% as something of a peak. They reckon it is going to fall back to as low as 0.1%. Let’s be positive – at least it is in the black. But if they’re right or if it’s even worse than that, markets really won’t like it. Manufacturing Production makes up about 80% of total industrial production and it’s quick to react to consumer conditions. All in all, GBP is starting 2018 on the back foot.

Here are the main news events to look out for this week:​

  • Mon Jan 08
    • 15:30:00 GMT CAD BOC Business Outlook Survey
  • Wed Jan 10
    • 09:30:00 GMT GBP Manufacturing Production m/m
    • 15:30:00 GMT USD Crude Oil Inventories
  • Thu Jan 11
    • 00:30:00 GMT AUD Retail Sales m/m
    • 13:30:00 GMT USD PPI m/m
  • Fri Jan 12
    • 13:30:00 GMT USD Core CPI m/m
    • 13:30:00 GMT USD CPI m/m
    • 13:30:00 GMT USD Retail Sales m/m
    • 13:30:00 GMT USD Core Retail Sales m/m

Some Markets to Watch…

BTCUSD: Bitcoin almost reached the $20,000 level before falling off dramatically before the end of the year. Right now we are ping-ponging in a range between $13,000 and $17,000. Any breaks below the $13,000 support and $12,000 and $11,000 has attracted buyers before.

USDJPY: This pair has been moving in a range now for some time. We have resistance at 113.75 and significant previous demand at 1114.50. 112 is supporting with the 200 simple moving average close by.

Crude Oil: Looking at the weekly and we can can there may be some supply near $63. We might see some tactical shorting here but this looks bullish above $60.

EURUSD: we have come off of the highs with sellers coming in at the August highs. A retracement to the halfway back and previous demand may see this pair pull back to 118 before retesting the highs.

GBPUSD: Cable is still technically in a channel making higher highs and higher lows. There could be some unfinished business at 1.38 on this pair, which was the support level dramatically broken on the Brexit vote. If you’d been long on this pair for a while, it might be a level to cover. The bears might be eyeing this level as well as a point of interest for a short play.​

Gold: Gold bugs will be bullish on this market above 1300. We have moved back into the channel again and the recent highs of 1357 could be retested. Below 1300, this starts to look bearish and we may start to see a deeper correction.

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!

TIQL: Serious fun!

Play TIQL or follow us on Facebook or Twitter

TIQL is operated by Nous Global Limited, c/o ILS Fiduciaries (IOM) Ltd, First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man

Nous Global Limited is proud to be regulated by the Isle of Man Gambling Supervision Commission under a licence issued under the Online Gambling Regulation Act 2001 on 12 April 2016

Top Tiql Tips: 4th to 8th Dec

Like Meghan we’re excited

We’re sharing this free guide to the markets and dates to watch this week to help you to earn more with TIQL. Economic news and announcements cause financial markets to move a lot, and may provide some opportunities to trade.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL. Get all the details here.

USD: the week ahead
The big ticket calendar event is the ever volatile Non-Farm Employment Change (Friday 8th Dec 1.30pm GMT), which is forecast to slow down by over a fifth this month growing by only 200k. As the Reserve Bank has set itself a target of zero unemployment, any reduction is likely to be taken badly.

Despite last month’s surprise employment drop, the dollar remained bullish to the end of that trading week. This time we have the recent tax bill, which continues to boost US markets at the start of this week. Both signs suggest there is a lot of support for the dollar available.

Things that may wobble USD markets this week include the political powder kegs of North Korea, Trump’s twitter feed, and Crude Oil Inventories (Wednesday 6th Dec 3.30pm GMT).

AUD: which way is the economy heading?
The antipodean currency is often buffeted by changes in USD, CNY and other major trading partners making it a fun one to trade. This week offers some homegrown events that could get the markets excited.

There is a chance the Current Account will improve by nearly 1 billion USD (Tuesday 5th 12.30am GMT), which would start the week well. Retail Sales (Tuesday 5th 12.30am GMT) are also forecast to improve (0.0% to 0.3% growth), while the big news is the Rate Statement (3.30am GMT Tuesday 5th). In October, this was kept at a record low of 1.5% and there are mixed views on what will happen this week though most suspect it will stay the same. The argument is that low rates are stimulating the economy.

Later in the week, GDP is forecast to drop by 0.1% to 0.7% (Wednesday 6th 12.30am GMT) and the Trade Balance looks set to shrink by around 0.3 billion or so (Thursday 7th 12.30am GMT). With mutterings about a recession or even depression in pundit circles, there is talk of a banking bubble built on a property bubble on a mining bubble on a commodities bubble all fuelled by a Chinese bubble. Is the Aussie economy about to go pop?

BTC: boom or bubble?
You’d have to be living under a rock to have missed the meteoric rise and fall of Bitcoin over the last few days. Hitting an incredible $11,000 peak on Wednesday 29th before falling back, the currency is climbing again (Monday 4th December) with no-one sure where it will go next. Debate has raged about the nature of the movement with many warning against investment, among them the Bank of France’s Governor saying “Bitcoin is a speculative asset and people who invest in it do so at their own risk”.

There are clearly fortunes to be made (and lost) in the gold rush for the cryptocurrency, which has no tangible asset form. With a global value outpacing that of some international banks, Bitcoin even outstrips some economies, such as New Zealand.

For market speculation with a thrill, and a sizeable risk, there is little to beat Bitcoin trading this week. US regulators have recently given the green light to futures trading on the asset adding further legitimacy to the flag-bearer of cryptocurrencies. However you feel about it compared to national currencies or commodities, this is a market worth exploring and open seven days a week.

Here are the main news events to look out for this week:​

  • Tue Dec 05
    00:15:00 GMT NZD RBNZ Gov Spencer Speaks
    00:30:00 GMT AUD Current Account
    00:30:00 GMT AUD Retail Sales m/m
    03:30:00 GMT AUD RBA Rate Statement
    09:30:00 GMT GBP Services PMI
    15:00:00 GMT USD ISM Non-Manufacturing PMI
  • Wed Dec 06
    00:30:00 GMT AUD GDP q/q
    13:15:00 GMT USD ADP Non-Farm Employment Change
    15:00:00 GMT CAD Overnight Rate
    15:00:00 GMT CAD BOC Rate Statement
    15:30:00 GMT USD Crude Oil Inventories
  • Thu Dec 07
    00:30:00 GMT AUD Trade Balance
    13:30:00 GMT USD Unemployment Claims
    16:00:00 GMT EUR ECB President Draghi Speaks
  • Fri Dec 08
    09:30:00 GMT GBP Manufacturing Production m/m
    13:30:00 GMT USD Unemployment Rate
    13:30:00 GMT USD Average Hourly Earnings m/m
    13:30:00 GMT USD Non-Farm Employment Change

Some Markets to Watch…

BTCUSD: bitcoin continues its drive higher. We touched $11,800 over a volatile weekend of trading. $9000 and $8000 would be key areas to watch on any retraces which could be fast and deep on this market.

Crude Oil: As long as this market trades over the $55 with support from the 200 SMA and previous chart structure, it looks like this market might try and run the stops at the recent highs. There may be supply higher up given the price structure from the sell off in 2015. The bears will likely be watching the $58 and $60 levels. Any daily closes below $55 and the bears may try for a deeper move down to next potential demand zone at $52/$53.

EURUSD: While supported above 1.17, this may grind higher. We have a recent failed head and shoulders pattern which may still have some traders stuck short looking to get out.

GBPUSD: Cable has tested the old halfway back and continues to grind higher. The 61.8 is near 1.3860, which was a previous demand zone that was quickly broken through on Brexit news. The market may have some unfinished business at that price point. For now, above 1.32, this looks like it might continue to grinder higher. Any daily breaks below this level and the 200 SMA might beckon this market.

Gold: The shiny metal continues to move in the range. We have the 200 SMA and previous demand providing some support; for now, the technical picture has it consolidating and supported above the 1260.

USDCAD: The loonie has made a double top of sorts and has found some support at the previous supply zone (now acting as support) at 1.2650. For now, we are in a consolidation zone, any breaks down and the next major support zone might be 1.24.

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.
Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!

TIQL: Serious fun!

Play TIQL or follow us on Facebook or Twitter

TIQL is operated by Nous Global Limited, c/o ILS Fiduciaries (IOM) Ltd, First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man

Nous Global Limited is proud to be regulated by the Isle of Man Gambling Supervision Commission under a licence issued under the Online Gambling Regulation Act 2001 on 12 April 2016

BTC: is it bubblelicious?

Some bubbles are fun

You’d have to be living under a rock to have missed the meteoric rise and fall of Bitcoin over the last few days. Hitting an incredible $11,000 peak on Wednesday 29th before falling back, the currency is climbing again on Monday 4th December with no-one sure where it will go next. Debate has raged about the nature of the movement with many warning against investment, among them the Bank of France’s Governor saying “Bitcoin is a speculative asset and people who invest in it do so at their own risk”.

There are clearly fortunes to be made (and lost) in the gold rush for the cryptocurrency, which has no tangible asset form. With a global value outpacing that of some international banks, Bitcoin also outstrips some economies, such as New Zealand.

For market speculation with a thrill, and a sizeable risk, there is little to beat Bitcoin trading this week. US regulators have recently given the green light to futures trading on the asset adding further legitimacy to the flag-bearer of cryptocurrencies. However you feel about it compared to national currencies or commodities, this is a market worth exploring.

Top Tiql Tips: 28 Nov to 1 Dec

Your Tiql tips are like this cat

Your free guide to the markets this week is a gift to help you to earn more with TIQL. We’re sending you this free guide to the markets and dates to watch this week because economic news and announcements cause financial markets to move a lot, and may provide some opportunities to trade.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL. Get all the details here.

USD: Fed Chair Change
This week traders will be excited to hear from Federal Chair Designate Powell. Powell is lined up to take over the hot seat from the current Chair, Yellen, in February 2018. With only weeks to go, markets are keen to know his take on the economy. They get the chance to hear his views when he testifies on his nomination before the Senate Banking Committee (Tuesday 28th 3pm GMT). Currently Federal Governor, Jerome Powell is Trump’s pick as the next leader of the national bank. Trump says “He’s strong, he’s committed, he’s smart.”

Treasury Secretary Mnuchin(Tuesday 28th 8.45pm GMT) is speaking about the evolving structure of the US treasury market. As Trump’s economic spokesman this is a key event that could deliver news on changing policies. Dollar markets and stock indices will be affected if that happens.

Finally, Yellen is due to testify on the economic outlook before the Joint Economic Committee of Congress (Wednesday 29th 3pm GMT). As the current Chair of the Federal Reserve Bank, her views are the most important, and there is possibility of one more rate rise before she is replaced in February.

GBP: Bank Stress
The 2008 crisis led to the creation of the Bank Stress Test (Tuesday 28th 7am GMT) in the UK to try and forestall any similar events happening in the future. Designed to find out 7 key banks’ stability and capital reserve adequacy any fails would send minor shockwaves through the City of London and push the currency down.  Bank of England Governor Mark Carney gives a Press Conference (Tuesday 28th 7.30am GMT) about the results, which could cause volatility on the markets.

Carney talks again (Wednesday 29th 2pm GMT) discussing the Fair and Effective Markets Review at the Fixed Income Currencies and Commodities Markets Standards Board.

The Bank is under pressure after shocking reports suggesting stagnant incomes may not exceed their 2008 levels until 2022. The economy is facing inflation and unemployment is low but productivity estimates and business investment are down. The OBR revised growth estimates to 1.5% from 2% at the end of last week. With a recent rate increase, some are wondering if the Bank made the right move.

CAD: Is it working hard or just hard work?
December starts this Friday and with it a wealth of employment news that could affect the Canadian dollar. A positive employment streak has boosted Canada since August 2016 and that looks set to continue if forecasts for Employment Change (Friday 1st 1.30pm GMT) are correct. As you’d expect, the Unemployment Rate (Friday 1st 1.30pm GMT) has steadily fallen since it stood at 7.0% in August 2016 and is currently at 6.3% but if that changed, markets would react.

Both figures are important to the economy but GDP (Friday 1st 1.30pm GMT) is an essential measure of economic health. Released monthly in Canada, GDP shrank by -0.1% for the first time in nine months suggesting things aren’t altogether rosy in Mountie country.

If you want to kick off the action with CAD earlier in the week, it might be good fun to ride the volatility around BoC Governor Poloz’s Press Conference (Tuesday 28th 4.30pm GMT). While he’s talking about the Financial System Review, questions from the press could lead to insights into his attitude towards the current pressures facing the Canadian economy and that could change traders minds about buying or selling. Enjoy.

Here are the main news events to look out for this week:​

Tue Nov 28
07:00:00 UTC 2017 GBP Bank Stress Test Results
07:30:00 UTC 2017 GBP BOE Gov Carney Speaks
15:00:00 UTC 2017 USD Fed Chair Designate Powell Speaks
15:00:00 UTC 2017 USD CB Consumer Confidence
16:30:00 UTC 2017 CAD BOC Gov Poloz Speaks
20:45:00 UTC 2017 USD Treasury Sec Mnuchin Speaks
20:00:00 UTC 2017 NZD RBNZ Financial Stability Report

Wed Nov 29
00:00:00 UTC 2017 NZD RBNZ Gov Spencer Speaks
13:30:00 UTC 2017 USD Prelim GDP q/q
14:00:00 UTC 2017 GBP BOE Gov Carney Speaks
15:00:00 UTC 2017 USD Fed Chair Yellen Testifies
15:30:00 UTC 2017 USD Crude Oil Inventories

Thu Nov 30
00:00:00 UTC 2017 NZD ANZ Business Confidence
00:30:00 UTC 2017 AUD Private Capital Expenditure q/q
0:00:00 UTC 2017 EUR CPI Flash Estimate y/y
13:30:00 UTC 2017 USD Unemployment Claims

Fri Dec 01
09:30:00 UTC 2017 GBP Manufacturing PMI
15:00:00 UTC 2017 USD ISM Manufacturing PMI
13:30:00 UTC 2017 CAD GDP m/m
13:30:00 UTC 2017 CAD Unemployment Rate
13:30:00 UTC 2017 CAD Employment Change

Some Markets to Watch…

BTCUSD: BTC just keeps on impulsing higher. Next resistance is $10,000. We broke through key resistance over weekend trading.

Crude Oil: We’ve seen some selling pressure at the supply zone at $58.50. Key support is at $55 with further resistance at $60 should we break through the highs.

EURUSD: We traded out of the channel last week and this pair is currently trading above 1.19. This price is key for the bulls and if they can sustain here they might gun for 1.2051 and the recent September highs.

GBPUSD: The bulls have managed to keep this pair supported. If they can sustain above 1.3350 on a daily closing basis, there could be a bullish thesis with a target of 1.35 (the 50% retracement from the 2016 move down).

Gold: We’ve been anticipating the rotation higher on Gold. We are testing some key resistance at 1300. Daily closes above this level and the bulls may target 1350. As long as gold trades above 1260 and within the channel, the bullish thesis for this market remains in place.

USDJPY: This pair is looking heavy now, having failed to take out the highs near 114.50 a number of times. We have possible intraday supply at 111.75 and the Yen is currently probing support at 110.75.

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!
TIQL: Serious fun!
Play TIQL or follow us on Facebook or Twitter

TIQL is operated by Nous Global Limited, c/o ILS Fiduciaries (IOM) Ltd, First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man

Nous Global Limited is proud to be regulated by the Isle of Man Gambling Supervision Commission under a licence issued under the Online Gambling Regulation Act 2001 on 12 April 2016

Top Tiql Tips: 13th to 17th Nov

Love it

Here is your useful free guide to the markets this week to help you to earn more with TIQL. It has all the key market events and dates to watch this week. Economic news and announcements often cause financial markets to move a lot, and may provide some opportunities to trade.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL. Get all the details here.

CPI: 3 major events this week
The Consumer Price Index is a good indication of inflation and is one reason why the BoE recently raised rates. Standing at 3.0% y/y CPI, forecasts suggest little change at 3.1% (Tuesday 14th 9.30am GMT). Interestingly, many analysts believe the Retail Price Index (Tuesday 14th 9.30am GMT) gives a better correlation for inflation. That’s currently at 3.9% but it looks set to break the 4% mark and possibly reach 4.1% y/y change. Not good for the U.K.

If the pound is not your thing, you might watch the USD CPI event (Wednesday 15th 1.30pm GMT). CPI is forecast to drop from 0.5% to 0.1% m/m though Core CPI is set to rise from 0.1% to 0.2% at the same time showing how volatile CPI data can be.

Canada also delivers CPI data this week (Friday 17th 1.30pm GMT). Last month it didn’t quite reach the forecast 0.3% and settled for 0.2% instead. This month looks set to drop that further to 0.1% if the pundits are correct.

Interest Rates: 4 bankers to listen to
Last week’s GBP interest rate increase means the Bank of England’s Mark Carney is in demand. If you want to hear him speak, tune in to the Central European Bank’s discussion “At the heart of policy: challenges and opportunities of central bank communication” (Tuesday 14th 10am). It will be riveting. No really, because this key event also gives Federal Reserve Bank Chair Yellen, European Central Bank President Draghi and Bank of Japan Governor Kuroda a platform. Traders will be listening for insights into the prevailing sentiment for each central bank and what that might mean for interest rates.

For further banker gems, catch Kuroda (5.45pm GMT Monday 13th) at the University of Zurich. Then Carney delivers pearls of wisdom when talking to members of the UK Monetary Policy Committee at Future Forum 2017 in Liverpool (Thursday 16th 2pm GMT). Finally, Draghi rounds the week off with a rousing speech entitled “Europe into a New Era – How to Seize the Opportunities” (Friday 17th 8.30am GMT).

Retail Sales: 2 events to trade
The U.S.A. and the U.K. both release their monthly Retail Sales figures this week. As a key indicator of the health of the economy, how much the public spends at the shops is essential knowledge for currency traders and stock markets alike.

The US delivers two key data: Core Retail Sales and Retail Sales (1.30pm GMT Wednesday 15th). The main difference is that the Core figures exclude automobile sales, which can be volatile. US shoppers have been anything but reliable in the last year so last month’s 1% growth for Core isn’t any guarantee this month will also be positive, though forecasts are for 0.2%. As shoppers start thinking about Christmas, that is maybe to be expected and a drop would be extra worrying.

Britain’s shopping figures have suffered a similarly unpredictable pattern over the last year and a negative figure certainly won’t help GBP. The recent interest rate hike won’t have had a chance to impact domestic sales so any decline can’t be blamed on that. Analysts are positive seeing an upturn from -0.8% to 0.2% (Thursday 16th 9.30am GMT), but will the markets see that as strength or wonder about increasing levels of personal debt?

Here are the main news events to look out for this week:​

  • Mon Nov 13
    17:45:00 GMT JPY BOJ Gov Kuroda Speaks
  • Tue Nov 14
    09:30:00 GMT GBP CPI y/y
    10:00:00 GMT JPY BOJ Gov Kuroda Speaks
    10:00:00 GMT GBP BOE Gov Carney Speaks
    10:00:00 GMT USD Fed Chair Yellen Speaks
    10:00:00 GMT EUR ECB President Draghi Speaks
    13:30:00 GMT USD PPI m/m
  • Wed Nov 15
    09:30:00 GMT GBP Average Earnings Index 3m/y
    13:30:00 GMT USD Retail Sales m/m
    13:30:00 GMT USD Core CPI m/m
    13:30:00 GMT USD Core Retail Sales m/m
    13:30:00 GMT USD CPI m/m
    15:30:00 GMT USD Crude Oil Inventories
  • Thu Nov 16
    00:30:00 GMT AUD Employment Change
    00:30:00 GMT AUD Unemployment Rate
    09:30:00 GMT GBP Retail Sales m/m
    13:30:00 GMT USD Unemployment Claims
    14:00:00 GMT GBP BOE Gov Carney Speaks
  • Fri Nov 17
    08:30:00 GMT EUR ECB President Draghi Speaks
    13:30:00 GMT USD Building Permits
    13:30:00 GMT CAD CPI m/m

Some Markets to Watch…
Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

World Indices: Looks like we may have seen some selling pressure come into the stock indices last week. A stand-out chart is the Nikkei where we can see a bearish candle that must be giving the bulls a little pause. The Dax has printed some sell-off candles that might also look scary to the bulls.

EURUSD: The euro is still trading below the chop zone with the longs defending those lows for now. Any daily closes back into the chop zone and we can expect more side-to-side action while the bulls and the bears look for a side to dominate.

USDJPY: The yen remains trading under 114.50 failing to break out to new highs. Below this level, it’s likely the bears will position into the old highs to get short. We saw the price briefly break up above the 114.50 shaking out the weak hands before falling lower. Any price acceptance with daily closes above this level, will we see a move higher?

BTCUSD: The crypto pair has come under pressure since Friday. Today, buyers stepped in at the half way back to defend. Will we see a retest of the highs or see another large drop on BTC? If the half way back should breach, there is possible demand at the 61.8 Fibonacci retracement near $4950 to $5000 zone.

Crude Oil: looks like it is all about the 200 SMA on the weekly chart as Oil returns to the moving average for the first time since 2014. We do have some supply zones ahead and we could expect some selling pressure here. The $55 will be a key test for the shorts as can be seen on the daily chart.

GBPUSD: We continue to trade within a consolidation/chop zone. Traders will be try to trade the edge of this zone but ultimately we need a clear break higher or lower to get involved.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!
TIQL: Serious fun!
Play TIQL or follow us on Facebook or Twitter

TIQL is operated by Nous Global Limited, c/o ILS Fiduciaries (IOM) Ltd, First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man

Nous Global Limited is proud to be regulated by the Isle of Man Gambling Supervision Commission under a licence issued under the Online Gambling Regulation Act 2001 on 12 April 2016

Your helpful weekly guide to the markets: 16th to 20th Oct

Just your average helpful friend

Helpful! That’s us. So to help you to earn more with TIQL we’re giving you this free guide to the markets and some key dates to watch this week. Economic news and announcements cause financial markets to move a lot, and may provide some opportunities to trade.

Remember, you can earn some extra cash by inviting people to trade with TIQL. You will receive $1 the very first time someone you invite makes a deposit of $5 of more. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL.

CPI: 3 dates this week
New Zealand’s quarterly CPI (Monday 16th at 9.45pm) could rise from its flat 0.0% to 0.4% or possibly even 1.8% depending on who you ask. Either result should give the NZDUSD pair a boost.

Great Britain‘s yearly CPI change (Tuesday 17th at 8.30am GMT) isn’t setting traders pulses racing with predictions along the lines of ‘nothing happening.’ The sluggish economy may see a nudge up from 2.9% to 3.0%, but with targets set at 2%, no-one is going to like that much.

Canada’s monthly CPI (Friday 20th at 12.30pm GMT) concerned analysts when it shrank from 0.2% to 0.1% last month. Combined with worries over the strength of NAFTA the currency isn’t looking as strong as it was. Could it drop to 0.0% this week?

AUD: rate rise news
The Reserve Bank’s Monetary Policy Meeting Minutes (17th at 12.30am) should explain the Reserve Bank of Australia’s recent interest rate decision. The rate maintained its record low position of 1.5% at the start of October and some feels this is holding the currency down. Opinions about how wise the current policy is are rather varied though ‘stuck between a rock and a hard place’ was one recent judgement.

Employment: 4 key figures
GBP could see movement from the Average Earnings Index (Wednesday 18th at 8.30am GMT.) British workers’ wages have stagnated despite increasing inflation casting doubt on the Bank of England’s upcoming rate rise plans. We will be watching closely when Bank of England’s Mark Carney talks to the Treasury Select Committee on Tuesday 17th at 10.15am. Expect to get a good insight into his current rate policy and attitude towards the employment data. Low unemployment is good but if the jobs are poorly-paid and insecure, the economy isn’t going to start flying any time soon.

The United States‘ weekly Unemployment Claims (Friday 20th at 12.30pm GMT) has predictions for a small rise (243K to 245K) but that is in the context of a period of low unemployment and a similar wage problem to the U.K.

Australia also reveals its monthly Unemployment Rate this week (Thursday 19th at 12.30am GMT). At the same time, the monthly Employment Change data is released. Last month saw a bit of a jump in unemployment (29.3K to 54.2K) while the employment rate remained steady at 5.6%. Expectations are for a small fall in the numbers and the rate to stay around the same. Slow and steady wins the race or stalls the economy?

Here are the main news events to look out for this week:​

Monday 16th October
21:45:00 GMT NZD CPI q/q

Tuesday 17th October
00:30:00 GMT AUD Monetary Policy Meeting Minutes
08:30:00 GMT GBP CPI y/y
10:15:00 GMT GBP BOE Gov Carney Speaks

Wednesday 18th October
08:10:00 GMT EUR ECB President Draghi Speaks
08:30:00 GMT GBP Average Earnings Index 3m/y
12:30:00 GMT USD Building Permits
14:30:00 GMT USD Crude Oil Inventories

Thursday 19th October
00:30:00 GMT AUD Employment Change
00:30:00 GMT AUD Unemployment Rate
08:30:00 GMT GBP Retail Sales m/m
12:30:00 GMT USD Unemployment Claims

​Friday 20th October
12:30:00 GMT CAD CPI m/m
12:30:00 GMT CAD Core Retail Sales m/m
23:30:00 GMT USD Fed Chair Yellen Speaks
12:30:00 GMT 2017 USD Retail Sales m/m

Some Markets to Watch…

BTCUSD: bitcoin continues its steam roll upwards making new highs in the last week. If BTC continues its momentum, could we see $6000 this week? Downside support levels where the bulls might take action are shown in the chart below. Retracements tend to be fast and deep on this market so take care and always use a stop loss.

GBPUSD: Broke through the key price level 1.3250 and is now trading just below last week’s high. This pair has been moving in a channel making higher highs and higher lows since the beginning of the year and had broken through the 50% retracement at 1.35. Some daily closes above the 1.3250 and we might see the bulls push on to retest the yearly highs and top of the channel. If the bears can push this market down, we might see a retracement to old support and the 200 simple moving average.

Gold: It looks like the bulls have this market for now. The symmetrical pattern we were watching played out and we have had a daily close above the key resistance level at 1295. Watching to see if the bulls can push this to retest the recent highs.

USDJPY: Make or break level for the USDJPY here. Could be a good price for the buyers to load and continue this year’s upward move on gold.

Crude: Still watching the ABCD pattern play out for a retest into the $54.5 level and the 50% extension of the upward move which began in mid June. $53 is the level to watch this week for any defence by the shorts.

USDCAD: this pair is trading above key support at 1.24. We have resistance at 1.2750 and the next demand level at 1.2050.

 

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets are often volatile during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!

TIQL: Serious fun!

Free market guide: 26th to 29th September

Whose is bigger?

Economic news and announcements cause financial markets to move a lot, and may provide some opportunities to trade. So, to help you to earn more with TIQL, we’re sharing this free guide to the markets and dates to watch this week.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL. Get all the details here.

Elections: Who won and what do the markets think?
The weekend’s big election winners were Merkel and English. But for the markets, it all depends on who you talk to.

Some pundits have highlighted that NZD has dropped from a week ago amid fears of weeks of coalition talks with New Zealand First led by Winston Peters. Their tiny 9 seat party has a disproportionate amount of power under the New Zealand system. Other analysts are brushing it off saying the re-election of English means stability for the country, which the markets are going to like.

For the Euro, there has a been a sigh of relief as Merkel holds on to power for a fourth term. Widely seen as the new leader of the free world and with no other European leaders stepping up to vie for the top spot, it’s what the currency and its economic zone needed. Far-right election gains have been a worry here too, but they’re lagging behind in third place.

Anything involving a vote by the general public can cause unexpected havoc as Brexit and Trump proved last year so markets will likely react positively as it seems like business as usual.

GBP: the big interest rate question
When sterling dived after last year’s shock Brexit announcement, the Bank cut interest rates to a record 0.25% but it finally looks like a rise is on the cards . The reason so many see a rate rise before the end of the year is that inflation is edging up to 3% despite stagnant wages and ey-watering levels of personal debt.

The Inflation Report Hearings (26th tbc) will be pounced on by market makers and traders alike as they try to price in their predictions. Keep an eye out for announcements. Current Account details (29th 8.30am GMT) will either have traders diving for their own Brexit or consolidating their GBP position.

NZD: Official Cash Rate
Many expect the Bank to keep things steady in the current climate, but some argue the weakening currency and gloomy outlook in housing and construction make a rise before the end of the quarter more certain. Standing at 1.75% many feel the exchange rate is going to be crucial for the future direction of the RBNZ Cash Rate (27th 8pm GMT).

NZD is a volatile currency that tends to react to global forces. Trump and Kim’s war of words will have cautious investors heading back to safer markets, while China’s economy is a hot topic of debate that could push the Kiwi dollar in a number of directions.

War: what is it good for?
The answer to this is obvious to most people. But not apparently Trump or Kim Jong Un who have amped up the verbal spat over the weekend making the threat of actual war loom large, especially over Japan. Unsurprisingly, Prime Minister Shinzo Abe has called a snap election. If things are going nuclear and he gets stuck in the middle, he doesn’t want to be in the hot seat.

The markets don’t usually take kindly to the idea of war, but latest figures suggest they’re not taking it seriously. Stock indices and USD markets usually recognise the consequence of war is brutal and widespread so their lack of reaction to the exchange of threats is strange. Surprisingly, safe haven gold isn’t on the up, and the Dow and S&P500 don’t seem fazed.

If things do kick off then the infrastructure damage can massively impact a nation’s short-term economic viability, costing citizens and governments billions. And this means debt as rebuilding efforts must often be financed with cheap capital. Interest rates are usually suppressed to keep capital costs down and this decreases the value of the currency. Don’t forget that the complete uncertainty of war itself impacts markets on a day-to-day basis as well as the longer-term economic outlook.

If you’re interested in how the latest threat of war could affect the currencies, commodities and markets you play, then Trump’s Twitter feed needs to be on your radar along with Reuters and, of course, your Tiql updates.

Here are the main news events to look out for this week:​

  • Tuesday 26th September
    14:00:00 GMT USD CB Consumer Confidence
    16:45:00 GMT USD Fed Chair Yellen Speaks
  • Wednesday 27th September
    12:30:00 GMT USD Core Durable Goods Orders m/m
    14:30:00 GMT USD Crude Oil Inventories
    15:45:00 GMT CAD BOC Gov Poloz Speaks
    20:00:00 GMT NZD Official Cash Rate
    20:00:00 GMT NZD RBNZ Rate Statement
  • Thursday 28th September
    06:35:00 GMT JPY BOJ Gov Kuroda Speaks
    08:15:00 GMT GBP BOE Gov Carney Speaks
    12:30:00 GMT USD Final GDP q/q
    12:30:00 GMT USD Unemployment Claims
  • Friday 29th September
    08:30:00 GMT GBP Current Account
    12:30:00 GMT CAD GDP m/m
    14:15:00 GMT EUR ECB President Draghi Speaks
    14:45:00 GMT GBP BOE Gov Carney Speaks

Some Markets to Watch…

BTCUSD: Bitcoin is still caught in the range between $3500 and $4000. This market needs to clear $4100 to get some momentum behind it for the bulls. Any closes below $3500 and we may see a deeper correction to the recent low at $2980 to shake out the week longs.

GBPUSD: We are trading near a key resistance level and top of a parallel channel. A retrace here and the next key level for the bulls is 1.3250. News out this week could see this pair move.

Gold: The shiny metal has found support at the old broken resistance. Buyers have not come in strongly at this point so far; any daily closes below 1294 and we may see a deeper retracement to the 61.8 fib and chart structure around 1264.

Crude Oil: A symmetrical pattern may be playing out here which could see crude testing the 54/55 zone. We’ve broken through resistance and found some buyers above $50. Both $54 and $55 have strong supply candles and we may see the longs cover here and shorts get involved.

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!

TIQL: Serious fun!

Play TIQL or follow us on Facebook or Twitter

TIQL is operated by Nous Global Limited, c/o ILS Fiduciaries (IOM) Ltd, First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man

Nous Global Limited is proud to be regulated by the Isle of Man Gambling Supervision Commission under a licence issued under the Online Gambling Regulation Act 2001 on 12 April 2016

Tiql Tips: your weekly market guide 12th to 15th Sept

Oh wow!

We made this free guide to the markets and dates to watch this week so you can earn more with Tiql. Economic news and announcements cause financial markets to move a lot, and may provide some opportunities to trade.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL. Get all the details here.

GBP: interest rates
Tuesday’s higher than expected inflation figures mean GBP traders are poised to react on Thursday 14th when the Monetary Policy Committee reveals its latest interest rate decision at 11am GMT. Currently standing at 0.25% there are signs a more hawkish stance could be on its way.

The pound hit a three-week high against the Euro on Monday and a five-week high against USD last Friday with stronger than expected manufacturing figures helping the crippled currency. Brexit uncertainty remains the key factor but inflationary fears from a weak pound may lean some on the Bank of England’s MPC to vote for a rate change.

BTC: bumpy ride ahead
Bitcoin is on an unsteady but meteoric journey to becoming a recognised non-domiciled currency around the world. The latest event keeping some prices in check is news that the Chinese bitcoin exchanges are waiting to hear whether authorities plan to ban the trading of virtual currencies on domestic exchanges.

Arthur Hayes said that if China shuts down trading on continuous order books of the large exchanges, the price would drop below $4,000, or the price of the U.S. dollar price of bitcoin would catch up to where it’s trading equivalently in China.

With the North Korea threat apparently diminishing since the weekend and subdued demand for oil in the States in the aftermath of hurricane chaos, Bitcoin and gold may deflate and we could see renewed interest in USD. Keep an eye on news updates.

USD: 3 events to trade
Geopolitics and global warming are the main factors affecting USD as this week starts. But who knows what will be by Friday? Trump’s “scam” weather effects hit Florida this week but North Korea’s anniversary celebrations at the weekend managed to pass without any missile launches leading some to hope that recent escalations are simmering down again. This means markets are likely to put more weight on other events this week.

Prime candidates for USD risk include

  • Producer Price Index (PPI) on Wednesday 13th at 12.30pm GMT. Now in the negative at -0.1% this could see a small upswing into the positive with predictions of 0.3%.
  • Consumer Price Index (CPI) on Thursday 14th at 12.30pm GMT is a massive market mover and matches the move for the PPI rising to 0.3% if forecasts are right.
  • Core Retail Sales and Retail Sales are both released on Friday 15th at 12.30pm GMT. While Core Retail Sales looks likely to stay the same at 0.5%, Retail Sales is less stable with analysts expecting a drop from 0.6% to 0.1% but at least it’s still positive after negative figures every month from March 2017. If it does head into the negative, traders won’t like that much.Remember that all these figures date from before the current disasters swept in so expect consumer-related figures to be affected next month and for that to be priced in.

Here are the main news events to look out for this week:

Tue Sep 12
01:30:00 UTC 2017 AUD NAB Business Confidence
08:30:00 UTC 2017 GBP CPI y/y
10:00:00 UTC 2017 USD NFIB Small Business Index
14:00:00 UTC 2017 USD JOLTS Job Openings
17:01:00 UTC 2017 USD 10-y Bond Auction

Wed Sep 13
00:30:00 UTC 2017 AUD Westpac Consumer Sentiment
08:30:00 UTC 2017 GBP Average Earnings Index 3m/y
12:30:00 UTC 2017 USD Core PPI m/m
12:30:00 UTC 2017 USD PPI m/m
14:30:00 UTC 2017 USD Crude Oil Inventories
17:01:00 UTC 2017 USD 30-y Bond Auction
18:00:00 UTC 2017 USD Federal Budget Balance
23:15:00 UTC 2017 AUD RBA Assist Gov Debelle Speaks

Thu Sep 14
11:00:00 UTC 2017 GBP MPC Official Bank Rate Votes
11:00:00 UTC 2017 GBP Official Bank Rate
11:00:00 UTC 2017 GBP Monetary Policy Summary
12:30:00 UTC 2017 USD Core CPI m/m
12:30:00 UTC 2017 USD Unemployment Claims
12:30:00 UTC 2017 USD CPI m/m
14:30:00 UTC 2017 USD Natural Gas Storage
01:00:00 UTC 2017 AUD MI Inflation Expectations
01:30:00 UTC 2017 AUD Unemployment Rate
01:30:00 UTC 2017 AUD Employment Change

Fri Sep 15
12:30:00 UTC 2017 USD Retail Sales m/m
12:30:00 UTC 2017 USD Core Retail Sales m/m
12:30:00 UTC 2017 USD Empire State Manufacturing Index
13:15:00 UTC 2017 USD Industrial Production m/m
13:15:00 UTC 2017 USD Capacity Utilization Rate
14:00:00 UTC 2017 USD Prelim UoM Consumer Sentiment
14:00:00 UTC 2017 USD Business Inventories m/m
14:00:00 UTC 2017 USD Prelim UoM Inflation Expectations

Some Markets to Watch…

Gold: Gold has tested the old highs from the end of 2016 and it would not be unexpected to see some sort of correction. Drilling down to the hour chart, we can see some of the support and resistance lines in play which might provide some opportunities to trade.

GBPUSD: remain in an uptrend for now making higher highs and higher lows. The intermediate highs made post Brexit may be a target for the bulls. For now, above 1.3050, the buyers have this market.

BTCUSD: it would seem every dip has provided opportunities for the buyers on this crypto. The chart below shows some support and resistance lines which might attract some attention by traders.

DAX: This market has gapped open this week; a close of this gap by traders would also retest some of the old highs. Will the price hold above 12330?

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.

Good trading!

TIQL: Serious fun!

Bitcoin uncertainty

via GIPHY

Bitcoin has had a tumultuous but meteoric journey to becoming a recognised non-domiciled currency around the world. The latest event keeping some prices in check is news that the Chinese bitcoin exchanges are waiting to hear whether authorities plan to ban the trading of virtual currencies on domestic exchanges.

Arthur Hayes said that if China shuts down trading on continuous order books of the large exchanges, the price would drop below $4,000, or the price of the U.S. dollar price of bitcoin would catch up to where it’s trading equivalently in China.

With the North Korea threat apparently diminishing since the weekend and subdued demand for oil in the States, Bitcoin and gold may subside and we could see renewed interest in USD. Keep an eye on news updates.

Top Tiql tips: 21st to 26th August

Tips for you!

To help you to earn more with TIQL we’re sharing this free guide to the markets and dates to watch this week. Economic news and announcements may provide some opportunities to trade as they cause financial markets to move a lot.

Remember, you can earn some extra cash by inviting people to trade with TIQL. The very first time someone you invite makes a deposit of $5 of more, you will receive $1. Whoever you invite also gets $1 USD to trade with; you can’t get better than that! You can keep earning as we pay you a percentage every time your supporters trade with TIQL.

Global: Safe havens
Geopolitics has led to turbulence in the markets and investors are looking for places to keep their money safe. Gold jumped to a 9-month high last week proving its solid status as a safe haven. Since there it has remained fairly flat suggesting a correction may be coming. But further terrorist attacks across Europe and political instability in the US could hold that off.
Bitcoin traders have been hesitant and cash prices have dropped as much as $800 to around $4,000. However Goldman Sachs says a bull market could see BTC rise to as much as $4,800. If gold turns sluggish, Bitcoin could seem more rewarding.

Global: Jackson Hole
One of the key events in the global economic calendar is the yearly Jackson Hole Symposium. It runs this week from 24th to 26th August and speakers include Federal Chair Yellen (25th 5pm BST) and ECB President Draghi (25th 8pm BST). The ECB, Bank of England and Federal Bank in the US have all recently hinted at rolling back the quantitive easing that has powered the global economy since the crash a decade ago, so markets and analysts will be looking for cues on that front. Press releases could affect markets around the world, so be ready for a fun ride though many markets will be quiet in the run up as investors wait to hear what happens.

ECB: Draghi speeches
Draghi’s speech to the 6th Lindau Meeting on Economic Sciences on Wednesday  23rd at 8am BST should provide shed light on upcoming ECB interest rate decisions. Many will be looking for his view on QE (quantitive easing) as recent strength in the E.U. is making some traders uneasy about the prospect of inflation. It is likely there will be movement in related markets (EUR, Dax, GBP) around the time of this speech.

Draghi is also due to speak at the Jackson Hole Symposium on Friday 25th at 8pm BST. Markets may well continue to react as they open next Monday making a stock gap up or down more likely than average.

Here are the main news events to look out for this week:​

Tuesday 22nd August
12:30:00 GMT CAD Core Retail Sales m/m

Wednesday 23rd August
07:00:00 GMT EUR ECB President Draghi Speaks
14:30:00 GMT USD Crude Oil Inventories

Thursday 24th August
08:30:00 GMT GBP Second Estimate GDP q/q
12:30:00 GMT USD Unemployment Claims

Friday 25th August
12:30:00 GMT USD Core Durable Goods Orders m/m
19:00:00 GMT EUR ECB President Draghi Speaks

Some Markets to Watch…

Weak flows as we go into the end of summer could lead to exaggerated moves across most markets, take care and practice good risk management.

AUDUSD: The bulls have managed to maintain price above the old resistance now turned support. For now, the bulls have this FX pair above 0.78. If the bears can push this below the support zone, there may be some potential support at the 0.77 where we have previous demand.

GBPUSD: Cable closed the week just on the support line we have been watching at 1.2950. For now, the bulls will be eyeing the 1.2780 for any signs of demand. Below this, the bears have the ball to 1.26.

Gold: Gold has retested the yearly highs for a third time and ran the stops to as high as almost 1300. Where to now with gold? Gold could still be on a journey to retest the highs made in October when Trump won the US election. We might see some corrective price action and a retest of some recent support lines. Which ever way Gold goes, all eyes are on last week’s high at 1300.

Bitcoin: This crypo-currency continues to grind higher. We made new ground over the weekend last week and the $4000 marks have held for now. The chart below shows some support and resistance lines which may attract some interest as we go into month’s end.

Brent: Continues to rotate and we saw buyers came in at the edges of the congestion zone to buy this market last week. For now, we are watching the edges of the consolidation for indications as to what is next for this market.

S&P 500: We’ve seen a couple of days of heavy selling on this index over the last two weeks. This is all on summer flows though, but any breaks of support and we might see a retest of the 200 moving average on this market. If the bulls can hold 2400, then perhaps there will be some further rotation to the upside again.

Whichever way you think these markets are going to go, you can trade these and other markets from as little as 1 cent with TIQL.

Markets can really move during news events; all TIQL trades come with guaranteed stops to always protect you from losing more than you have invested in a trade.

Deposit today from $5 with Skrill, Neteller, Paypal or Visa.
Good trading!

TIQL: Serious fun!