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Welcome Ripple finally ..!! Hey Everyone, American Express, Santander team up with Ripple for cross-border payments via blockchain. Payments made by American Express' business customers on its FXIP platform will now be routed through Ripple's enterprise blockchain network The blockchain project will initially allow customers in the U.S. to make instant, traceable cross-border payments with U.K. Santander bank accounts Ripple said that its cryptocurrency, XRP, will "come into play" as a means of speeding up payments later on down the line. "This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world," Marc Gordon, executive vice president and chief information officer at American Express, said in a statement Thursday. Target for XRP until the end of the year with this news : 0.35-0.50 The price is still low I highly recommend to buy ripple coins I personally have XRP and now I'm going to purchase more definitely. ITS BETTER THAN BITCOIN ONLY BECAUSE OF ONE REASON THE DUPLICATION THIS COIN BECAUSE OF ITS RATE WILL MAKE MORE DUPLICATES FOR YOUR INVESTMENT.
BITSTAMP:XRPUSDLong
by LeoAbramovich
1
Event-driven News Trade CAD retail salesI identified a target and support area being at 1.1950 on USDCAD and am waiting for a possible worse than expected reading in USDCAD to enter short. Will enter 2 positions at the same time: 1) Stop loss 12 pips measured from the low of the spike 2) stop loss 50 pips Both positions have a take profit at 1.1950. Using a fast data feed for order entry. Trade management software takes care of stop loss and take profit. Risking 0.15% on each position. 58:1 risk-reward-ratio and 14:1.
Short
by doktorforex
Sell GBP Anticipating Bad GBP DataToday is generally a quite day. In term of price action thus far USD is most bearish vs AUD most bullish. The tier 1 event today however is with GBP. I do not think it is going to have huge impact but nevertheless the GBPCHF is very Net Long and looks like the market in general is expecting supportive GBP data. My analysis shows otherwise and I'd like to be there if market is wrong. Price action is still mildly bullish for the pair and I've set a Limit Short around the 1.29 level. If it's not hit, I'll use market order to enter closer to data release. If data is bad as I anticipated I expect strong reverse reaction to take out Long's Stop-loss. If data is bad however, I'd take the trade off, I may also take it off if initial market reaction show that it doesn't care for the data, in which case I think retail sentiment can take over and push the pair above 1.29 level.
Short
by vietbach1990
Long NZDCAD - Anticipating Bad CAD dataThis is probably will be my 2nd trade of the day. I don't intend to put it on yet since I may give market too much room to go against me. The thesis is again based on my expectation that CAD data is bad vs the good expectation. It is however not a very significant data and it's isolated. If market has little reaction I'm not interested in holding it for long. The pair in focus for me is NZDCAD. It is Net Short so far indicating CAD is bought there. Entry plan for me is to enter nearer to event announcement, ideally if the pair just hovering in the 0.885-0.883 area. I'll exit if the news came out good for CAD and also since this is an isolated event, if I can be in profit I'll probably take it off in the hour after the news.
Long
by vietbach1990
Trading News ReleasesFor those who consider U.S. Major News Releases in trading, here are projections for the upcoming week's session: ** Projections ONLY ** GDP Growth Rate : From 2.6 to 2.0 Employment Rate : From 4.3 to 4.4 Inflation Rate : From 1.7 to 2.0 Interest Rate : From 1.25 to 1.25 Government Debt to GDP : From 106.10 to 106 Goods Trade Balance : From 43.6bn to 45.0bn / 46.6bn Nonfarm Payrolls : From 209 to 165 Nonfarm Payrolls Private : From 205 to 192 ADP Employment Change : From 178 to 186 Personal Income : From 0.00 to 0.29 Consumer Confidence : From 97.6 to 95.0 Personal Spending : From 0.10 to 0.30 Personal Income : From 0.00 to 0.29 Building Permits : From 1230 to 1150 Housting Starts : From 1155 to 1190 New Home Sales : From 571 to 550 Pending Home Sales : From 0.50 to neg. 1.9 Existing Home Sales : From 5440 to 5500 Retail Sales MoM : From 0.60 to 0.30 NY Empire State Manufacturing Index : From 25.2 to 9 Ism New York Index : From 62.80 to 57.43 Dallas Fed Manufacturing Index : From 16.80 to 14.3 Chicago Fed National Activity Index : From neg. 0.01 to +0.09 Philadelphia Fed Mfg. Index : From 18.90 to 12 Richmond Fed Mfg. Index : From 14.00 to 6 Full list can be found via provided url link: tradingeconomics.com * PERSONAL REFERENCE ONLY. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
NASDAQ:CECO
by ALSM59
EURUSD Bullish trend w/cautionEURUSD appears to maintain a Bullish trend ahead of US Nonfarm Payrolls and Unemployment Rate release tomorrow (Friday). A positive report could see a short-lived reversal, so caution is advised. However, positive or negative, the EUR appears to be able to maintain an upward trend even after the news settles. For me, BIG NEWS = Caution so sitting this one out, picking back up next week. Good luck to all. R1 1.1870 R2 1.1910 R3 1.1945 S1 1.1820 S2 1.1780 S3 1.1750
Long
by ALSM59