India
Age 40

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

2 Followers
Write a Squawk to BHASKAR REDDY
  • Squawk / 02 February 2018 at 13:43 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    Positive US Earnings Surprise jolts the market: after a long history of disappointments, US average hourly earnings rose more than expected in January. The year on year data point printed at a strong +2.9% vs. +2.7% expected and up +0.3% month-on-month vs. +0.2% expected. The 2.9% level matches the high of the cycle last year. The prior month's data point was also revised higher to +2.7%. This is a big surprise as the slow rise in US wages has been seen as a key factor holding back Fed rate hikes.

    US yields have pulled higher still all along the curve in reaction to the data and USDJPY is back above 110.00 as of this writing, with more indifferent reaction in EURUSD. After all, the stronger US yields have been doing much anyway to support the greenback lately. From here, however, it will be interesting to see if the market can hold onto its weak USD conviction if US rates continue to pull sharply higher and the market prices in four or more hikes for 2018.
    Read the Squawk
    02 February
    Jim Earls Jim Earls
    Better to earn nothing than lose 50% of your capital.
    02 February
    BHASKAR REDDY BHASKAR REDDY
    sir gold will reach 1327 plz
    02 February
    BHASKAR REDDY BHASKAR REDDY
    ?
  • 02 February
    FadelSalem FadelSalem
    Hope see it domesticated tonight b4 market close
    06 February
    Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
    well it broke :-)
    06 February
    FXKhaos FXKhaos
    Excellent call, unfortunately closed too early! Traders lament!
  • Squawk / 25 January 2018 at 13:45 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    ECB Press Conference: ECB President Draghi not doing much to talk down the euro. His opening statement recycled the same warning from last September, that euro volatility creates uncertainty, though this failed to make much of a wave. On the asset purchase outlook, he stated that QE will run until the ECB sees sustained inflation adjustment and that the policy rate will remain at the current level well beyond the end of QE.

    On inflation, the euro might be picking up a bid to new highs as the statement says that the strong momentum in the economy boosts confidence in an inflation pick-up, though this was partially offset with comments that domestic price pressures are still muted and that convincing signs of a inflation npick-up are needed.

    Forward Euribor rates are more or less unchanged after reading the opening statement, meaning that it looks like this meeting merely serves as a sentiment test on the overall euro rally more than a test of any new major developments.
    Read the Squawk
    25 January
    BHASKAR REDDY BHASKAR REDDY
    sir
    25 January
    John J Hardy John J Hardy
    Price action points to 1.2500 potentially providing a sticking point for the price action for a while, which wouldn't be a surprise, given the EURUSD history of...
    25 January
    BHASKAR REDDY BHASKAR REDDY
    thank you
  • Trade view / 16 January 2018 at 8:21 GMT
    Day trade
    /
    Sell

    USDCHF to continue tracking Keltner channel lower

    Partner at 3 C ANALYSIS / 3cAnalysis
    United Kingdom
    Last week's USDCHF decline deepened Monday. A fourth down day in a row resulted, correcting more than 62% of the Sep-Nov rise. The scope of these moves mean intraday studies are overstretched but with USDCHF tracking the daily Keltner channel lower, rallies are expected to be temporary.
    Read the Trade View
    16 January
    AlanCollins AlanCollins
    Hi Bhaskar, I'm not certain if you're reading this correctly. Although the call has yet to be justified, it's a long way from the stop at .9695....
    16 January
    AlanCollins AlanCollins
    Although no profit target met, both sell levels generated modest gains into the 16.00 GMT close.
    16 January
    Norberto Norberto
    Yes Alan, have a good evening
  • 18 December
    jcsousa jcsousa
    That's for sure. I only ask because i thought that you may be had some price indication that i didn't
    18 December
    kochlik kochlik
    Hi Max, does the fresh new highs in COT long EUR affect this idea/view?
    18 December
    Max McKegg Max McKegg
    Trade not triggered
  • Squawk / 12 October 2017 at 7:14 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    Crude oil trading softer ahead of the 'Weekly Petroleum Status Report' from the U.S. Energy Information Administration (EIA) at 1700CET. This in reaction to a surprise rise in oil and distillate stocks being reported by the API last night (table attached).
    Before then at 1000 CET we get the monthly 'Oil Market Report' from the International Energy Agency (IEA). It was last months report which helped send oil to its recent peak before two consecutive bearish stock report triggered the correction that lasted up until last Friday.
    IEA comments will be posted below once out.
    Link: https://www.iea.org/oilmarketreport/omrpublic/
    Read the Squawk
    12 October
    Ole Hansen Ole Hansen
    Crude oil trading a tad softer as the IEA says oil inventory decline will halt in 2018. A 1.5M b/d rise in non-Opec production leaving no room...
    12 October
    BHASKAR REDDY BHASKAR REDDY
    thank you sir
    13 October
    Martinez Martinez
    Hello Ole,How is your health and work doing?
  • Squawk / 06 October 2017 at 12:26 GMT
    Analyst / PIA First
    United Kingdom
    USDJPY - Set a Sell a Break trade (112.75) looking for the formation to break lower. Measured move target would be 111.50. Need a bad number
    Read the Squawk
    06 October
    usxau usxau
    Nice call Ian on the USD! Kudos :) To all a great weekend and back on Monday! ;)
    06 October
    Andrew Perkins Andrew Perkins
    see ya Monday
    08 October
    chone chone
    ?
  • 14 September
    nsp nsp
    Hi , i have taken buy entry at 0.7247 and hedge it at 0.7233. can you please advice me the levels that will help me to...
    14 September
    vyacheslav111 vyacheslav111
    Sell now 0.7243 stop 0.7265
    14 September
    Gbpaud Gbpaud
    it did not go well
  • Squawk / 25 July 2017 at 5:58 GMT
    Analyst / PIA First
    United Kingdom
    EURUSD - Intraday - We look to Sell at 1.1668 (stop at 1.1698)

    Selling pressure from 1.1684 resulted in all the initial daily gains being overturned. Buying posted in Asia. The rally is close to an exhaustion count on the intraday chart. Reverse trend line resistance comes in at 1.1670. There is scope for mild buying at the open but gains should be limited. Further downside is expected and we prefer to set shorts in early trade.
    Our profit targets will be 1.1575 and 1.1550

    Resistance: 1.1670 / 1.1685 / 1.1714
    Support: 1.1648 / 1.1632 / 1.1566
    Read the Squawk
    1y
    Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
    Nope ... I don't take 12 odd ticks... still happy ..... it might just spike the high
    1y
    HaythamSabry HaythamSabry
    what's the reason for the spike?
    1y
    Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
    not sure ... loads of US earnings but .........
  • Squawk / 19 July 2017 at 6:18 GMT
    Analyst / PIA First
    United Kingdom
    EURUSD - Intraday - We look to Buy at 1.1515 (stop at 1.1485)
    Traded to the highest level in 63 weeks. Broken out of the wedge formation to the upside. The formation has a measured move target of 1.1615. The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Yesterday's Marabuzo is located at 1.1513. Bespoke support is located at 1.1515. Preferred trade is to buy on dips.
    Our profit targets will be 1.1615 and 1.1625

    Resistance: 1.1580 / 1.1615 / 1.1626
    Support: 1.1515 / 1.1510 / 1.1440
    Read the Squawk
    1y
    Ian Coleman - First 4 Trading Ian Coleman - First 4 Trading
    the move to 1.1515 triggered our long trade With signals being far from strong, we now look to move stop to entry
Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail