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4 Followers
Write a Squawk to BuySellBuySell
  • Squawk / 27 April 2018 at 1:46 GMT
    Managing Director / Technical Research Limited
    New Zealand
    My call for a Major Reversal in the US Dollar remains "on track"
    so far (refer Chart Analysis below) with my Daily Trading Advice seeking to give greater specificity to the Dollar's short term price swings & where the Mathematical Supports and Resistance levels
    are situated.
    Read the Squawk
    2y
    Patto Patto
    The Bank of Japan said today it will "continue expanding the monetary base until the year on year rate of increase in the observed CPI exceeds 2%"...
    2y
    obikobi obikobi
    so how would you say we look to trade it max?
    2y
    Richard H Richard H
    Max I thought you were not going to post on saxo anymore?
  • 2y
    SYED ALI SYED ALI
    Max sir i really like your Analysis why you are leaving this platform.
    okay i sent you an email best of luck take care..
    2y
    BuySellBuySell BuySellBuySell
    Hi Max

    Thanks for another great article. I’m sorry to hear that you are leaving Saxo Bank. They will be worse off for it.

    All the very...
    2y
    Patto Patto
    it does seem a strange move to get ride of the contributors with the highest number of followers.......
  • Squawk / 30 August 2017 at 14:26 GMT
    Managing Partner / Spotlight Group
    United Kingdom
    Please note:
    This is the last “Market Comment” I will be providing for Saxo Bank Trading Floor as from September 2017 the site will only carry internal content.

    I must thank all my followers for their support since 2014; it has been a pleasure to write for you and have many interesting conversations.

    I wish you all and indeed everyone at Saxo Bank and Trading Floor all the very best for the future.

    I can be contacted at spope@spotlightideas.net if you are interested in receiving future commentary and analysis.
    Read the Squawk
    2y
    rananb rananb
    So sad to see u go.Thank you for everything and best of luck!
    2y
    bhushan bhushan
    will really miss your trade and other analysis.Really gained a lot from your views.regads and all the best
    2y
    vanita vanita
    Dear Steve,
    I will really miss you....
    And miss your trades and analysis & your reply of our products.
    Take care.
    With Regards,
    Vanita.
  • Article / 03 August 2017 at 13:00 GMT

    ECB seems to anticipate a European financial crisis

    Managing Partner / Spotlight Group
    United Kingdom
    ECB seems to anticipate a European financial crisis
    The European Central Bank is seeking tougher penalties on Eurozone members that fail to carry out reforms to avoid another financial crisis. Below the surface, tension is rising between member states and the ECB over the plan and timing of a retreat from ultra-loose monetary policy. And, above all, Italy looks like the Eurozone's problem child.
    Read the article
    2y
    vanita vanita
    Steve,
    Means it's not rgt time to buy Dax indices.
    So it's gud time to buy Nasdaq against Dax sell.
    After long time happy to see you again, Take Care...
    2y
    Stephen Pope Stephen Pope
    Dear Vanita,

    Hello and I hope you are well?

    Both the DAX & NASDAQ have a similar technical aspect. Short-term selling, mid-rage neutral, longer-term buying.

    NASDAQ lifted by Apple in...
    2y
    vanita vanita
    Thanks Steve for valuable comment.
    Thanks.
  • Article / 24 July 2017 at 8:00 GMT

    UK may be racing towards a car loan crisis

    Managing Partner / Spotlight Group
    United Kingdom
    UK may be racing towards a car loan crisis
    UK car sales are soaring despite flat or falling household incomes, with households borrowing heavily to buy assets that don't hold onto their value in the long term. There are clear risks in the car industry’s growing reliance on personal contract purchase (PCP) lending.
    Read the article
    2y
    phil c phil c
    Thanks for a great article. I also feel there is trouble brewing. e.g. I've heard anecdotes of many people spending their PPI compensation lump sums on car...
    1y
    Julia Summer Julia Summer
    Thanks for this helpful article. It explains a lot of what is currently going on in the country and worlwide. Yes, I had to buy a new...
    1y
    Vselena Vselena
    Hi there! Thanks for posting this article. It's really useful for common people to read and get to know what is going on and how much we...
  • Article / 19 July 2017 at 9:04 GMT

    History tells investors not to short China — #SaxoStrats

    Head of Equity Strategy / Saxo Bank
    Denmark
    History tells investors not to short China — #SaxoStrats
    The media in the developed world are obsessed with China's growth and often highlight it as unnatural and unsustainable. But that thinking is wrong because it is not based on historical facts about urbanisation in the US and Europe. By establishing the right baseline we show that China's construction spending is no mystery, but a natural development of rapid urbanisation.
    Read the article
    2y
    Peter Garnry Peter Garnry
    Thanks. Good question. China has an estimated total population of 1.384 billion in 2017. With the recent changes to birth rate and expected increase in life expectancy...
    2y
    Vatsid Vatsid
    I read this article and come away with more conviction on the US in the longer term:). Great article!! Would love to see a view point on...
    2y
    CharlieSMS CharlieSMS
    yes ,indeed ,tks
  • Trade view / 13 July 2017 at 2:26 GMT
    Short term
    /
    Sell

    Watch for a selloff as EURGBP retests low

    Managing Director / Technical Research Limited
    New Zealand
    A key mathematical retracement has been met for EURGBP. The currency pair has completed an Elliott Wave corrective structure. There is resistance at 0.8880/0.8925, and downside potential toward 0.8650 and 0.8315.
    Read the Trade View
    2y
    seas seas
    88.70 now and rising.
  • Article / 12 July 2017 at 13:00 GMT

    A toppy time for tech... and for Trump?

    Managing Partner / Spotlight Group
    United Kingdom
    A toppy time for tech... and for Trump?
    Technology sector shares are valued very highly at the moment, and while some point to increased revenues and growing developing-world implementation, the reality is that the politically vulnerable US markets are a risky place.
    Read the article
    2y
    bhushan bhushan
    Hi Steve,Gold reached $1210(met your expection).Now whether it is buy or wait... Please give your views.Regards
    2y
    Stephen Pope Stephen Pope
    Dear Bhushan,

    Thank you for your question.

    My trade for gold was stopped out as the stop loss was activated at 1217. There has been a small bounce, ...
    2y
    bhushan bhushan
    Thanks Steve
  • Squawk / 05 July 2017 at 18:13 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    FOMC Minutes: a little something for everyone, as the timing of the start to QT (reducing asset purchases) with some wanting to start soon while others were in favour of awaiting further economic developments. There was also a bit of a discussion about financial conditions, which has been much discussed of late as a driver for a generally more hawkish tone from many central banks, with Fed members noting that financial conditions have eased even with a number of rate hikes under the belt, and that "the effect on financial market conditions of the eventual announcement of the beginning of the Federal Reserve's balance sheet normalization was expected to be limited."

    The net reaction seems to be neutral or relatively hawkish and therefore USD supportive at the margin as US yields head back toward the highs of the day at the short end of the curve, and the highs today are also the highs of the cycle.

    EM may remain under the most pressure on these minutes if yields continue to rise.
    Read the Squawk
  • 2y
    seas seas
    For me, It was interesting to watch the price action without many US traders over the holiday. Asia area traders really do adhere to the Ichimoku Cloud...
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