THE TIPSTER April 24, 2012 The Australian dollar has come under pressure of late on concerns of a sharp slowdown in Chinese growth. The Aussie dollar has also fallen as the Reserve Bank of Australia has turned noticeably dovish. But support for the Aussie against the US dollar is coming in around $1.0230. With the interest rate cut now priced [...]
Time to buy your tickets for our trading extravaganza April 24, 2012 CANDLESTICK charting has stood the test of time, with Japanese rice merchant Munehisa Homma (1724-1803) credited as its founder. Candlesticks are an elegant means of displaying complex information – and we will be discussing everything they can offer at our conference on 24 May. The candle or “real body” marks a price’s opening and closing [...]
Our star speakers will reveal the profits in patterns. Craig Drake spots three to watch April 24, 2012 REVERSAL DOUBLE TOP DOUBLE top and double bottom chart patterns are straightforward to spot and can be seen across a range of different time frames, both in long and short-term charts. Double tops are important to look out for, as are double bottoms as they confirm a resistance point that has been retested a second [...]
CHARTING MASTERCLASS April 24, 2012 DAVID JONES IG INDEX ■ David is chief market strategist at IG Index. Bestselling author of Spread Betting the Forex Markets, he is a well-known and widely respected commentator on the financial markets, and regularly offers his views for media outlets. Twitter: @DavidJones_IG ASHRAF LAIDI CITY INDEX ■ Ashraf Laidi is chief global strategist at [...]
A family car with a hell of a punch April 24, 2012 A wolf in sheep’s clothing is an overused adage in the car industry. Sometimes, though, it is justified: Audi’s new S6 doesn’t look much different to a regular A6 but is the hottest new A6 your money can buy. Equipped with a new twin-turbo 4.0-litre V8 engine – good for 414bhp – the Audi S6 [...]
CAR TALK – BEIJING AUTO SHOW SPECIAL April 24, 2012 Beijing shows off beauties like the new Aston Dragon 88 The Beijing Auto Show is underway and if you were in any doubt about the importance of the Chinese economy to the car industry then you should see the roll call of cars unveiled there. Rolls-Royce Motor Cars has just introduced its Phantom Extended Wheelbase [...]
Cameron Highland to book his ticket to Investec Derby April 24, 2012 THE field for this afternoon’s Investec Derby Trial (3.20pm) is a definite improvement on the last few years and it looks like a really competitive race. The racecourse and the sponsors have increased prize money by £20,000 and winning connections will be offered a wild-card entry into the Investec Derby, if not already entered. There [...]
Soft ground holds no fears for Gosden’s Aiken who still looks ahead of the handicapper April 24, 2012 JOHN Gosden has made his customary strong start to the flat season and he looks to have an outstanding chance with AIKEN in the Investec Great Metropolitan Handicap (2.50pm). George Strawbridge’s four-year-old has won three of his four career starts and even though he went up 11lb for his latest win at Ascot last summer, [...]
AT&T profit rises thanks to improved margins April 24, 2012 American mobile phone network AT&T reported a higher quarterly profit for the start of 2012, driven by a rise in wireless margins, as it had to pay less in subsidies to Apple because it sold fewer iPhones in the quarter. AT&T’s shares rose almost 2 per cent after the news. US networks were weighed down [...]
FTSE in modest rise as investors eye Fed April 24, 2012 The FTSE 100 saw a modest rally this morning led by banking and commodity stocks as investors looked for signs that the Federal Reserve will inject more liquidity into markets. London’s blue chip index was dented yesterday by uncertainty over who will be the next president of France, the collapse of the Dutch government and [...]
